Anderson Ranch Arts Center 2013 Annual Report | Page 31
UNRESTRICTED
TEMPORARILY
RESTRICTED
PERMANENTLY
RESTRICTED
29
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED 12/31/13
AUDITED
TOTAL
TOTAL REVENUE AND SUPPORT
1,287,821
–
–
1,084,455
167,936
232,373
1,024,453 – –
170,628 – –
190,013
18,484
–
1,287,821
1,484,764
1,024,453
170,628
208,497
5,254
412,481
(5,254)
(412,481)
–
–
–
–
4,175,105
(231,315)
232,373
4,176,163
OPERATING EXPENSES
Program Services:
Workshops
Services
Outreach
Residency
1,392,550 – –
455,132 – –
69,779 – –
35,706 – –
1,392,550
455,132
69,779
35,706
TOTAL PROGRAM SERVICES
1,953,167 – –
1,953,167
1,661,045
–
–
601,783 – –
1,661,045
601,783
TOTAL SUPPORTING SERVICES
2,262,828 – –
2,262,828
SUPPORTING SERVICES:
Management and general
Fundraising
TOTAL OPERATING EXPENSES
4,215,995
–
–
4,215,995
(40,890)
(231,315)
232,373
(39,832)
Change in net assets before
nonoperating activities *
NONOPERATING ACTIVITIES
Investment Income:
Net realized gains
Net unrealized gains
Interest and dividends, net of fees
Recoveries
Appropriations for expenditure
59,202
56,201
–
215,033
214,174
–
59,759
39,080
–
50,041 – –
(190,013)
(18,484)
–
Change in net assets from
nonoperating activities
194,022
CHANGE IN NET ASSETS
153,132 59,656 232,373
290,971
–
115,403
429,207
98,839
50,041
(208,497)
484,993
445,161
NET ASSETS, BEGINNING OF YEAR 5,385,273 871,341 5,283,847
11,540,461
NET ASSETS, END OF YEAR
11,985,622
5,538,405 930,997 5,516,220
*includes depreciation expense of $250,771
ANNUAL REPORT / 2013
Program service revenue
Grants and contributions
Special events
Rental income
Appropriations for expenditure
Net assets released from restrictions:
Satisfaction of time restrictions
Satisfaction of program restrictions
Financial Report
REVENUE AND SUPPORT