2021 Annual Report | Page 15

AL YEAR ENDING JUNE 30 , 2021

STATEMENT OF ACTIVITIES

WITHOUT DONOR
WITH DONOR
RESTRICTIONS
RESTRICTIONS
TOTAL 2021
TOTAL 2020
REVENUE AND SUPPORT : Pledges and contributions
247,770
3,593,207
3,840,977
1,756,966
Special events , net
220,911
111,631
332,542
411,058
Memberships
138,673
138,673
124,903
Interpretive Store revenue , net
173,759
173,759
203,752
Cottage rental income
1,274,057
1,274,057
1,111,005
Concessionaire income
1,420,479
1,420,479
1,476,740
Investment income , net
23,456
458,534
481,990
151,903
PPP loan foregiveness income
359,649
359,649
Net assets released from restriction
3,885,615
( 3,885,615 )
-
TOTAL REVENUE AND SUPPORT 7,744,369 277,757 8,022,126 5,236,327
EXPENSES : Program Concessionaire activities
1,527,449
1,527,449
1,450,166
Interpretive activities
765,398
765,398
666,361
Restoration activities
3,066,887
3,066,887
3,677,259
Cottage operations
1,169,862
1,169,862
1,023,438
Total Program expenses
6,529,596
-
6,529,596
6,817,224
Administrative
232,653
-
232,653
327,792
Fundraising expenses
234,122
234,122
241,042
TOTAL EXPENSES 6,996,371 - 6,996,371 7,386,058
Change in Net Assets
747,998
277,757
1,025,755
( 2,149,731 )
Net Assets , beginning of year
1,139,963
2,003,900
3,143,863
5,293,594
Net Assets , End of Year
1,887,961
2,281,657
4,169,618
3,143,863
JUN . 30
JUN . 30
2021
2020
ASSETS Cash and cash equivalents
3,131,472
3,632,667
Accounts and pledges receivable
355,482
244,938
Inventory
37,898
51,248
Prepaid expenses
35,351
30,059
Investments
3,506,795
3,623,853
FIA prepaid contract obligation
6,699,430
6,441,072
Property and equipment , net
40,163
48,367
AL YEAR ENDING JUNE 30 , 2021 TOTAL ASSETS 13,806,591 14,072,204

STATEMENTS OF FINANCIAL POSITION

LIABILITIES Accounts payable
1,233,657
1,083,233
Accrued expenses
273,915
374,468
Accrued interest payable
41,102
15,259
Deferred revenue
716,453
784,032
PPP loan advance
374,846
359,649
Long-term debt
6,997,000
8,311,700
TOTAL LIABILITIES 9,636,973 10,928,341
Net Assets Without donor restrictions Board-designated for endowment
84,629
67,514
Undesignated
1,803,332
1,072,449
Total without Donor Restrictions
1,887,961
1,139,963
With Donor Restrictions
2,281,657
2,003,900
Total Net Assets
4,169,618
3,143,863
TOTAL LIABILITIES AND NET ASSETS 13,806,591 14,072,204
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