Anderson Ranch Arts Center Annual Report - 2012 | Page 30

28 Financial Report AndersonRanch arts center FINANCIAL REPORT In fiscal year 2012, Anderson Ranch Arts Center achieved its financial goals while continuing to successfully deliver all of its workshop and residency programs. Summer enrollments increased as compared to the prior year, and the Ranch enjoyed its most successful fundraising Recognition Dinner to date. Once again we ended the year with a budget surplus in addition to making many renovations to the campus facilities and equipment including final renovation to the Fischer Photography Center, and new roofs for the Maloof Wood Barn and the Wyly House Dormitory. Anderson Ranch completed an audit executed by RAFFA, P.C. of Washington, D.C. The auditors were able to give an unqualified opinion as to the accuracy and fairness of our financial statements as of December 31, 2012. Extensive efforts on the part of all donors and staff made this possible. Ongoing management in this direction continues to ensure a solid, fiscally responsible future for Anderson Ranch. Bruce Berger Treasurer, Board of Trustees