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