Financials
Ford’s Theatre Society Statement of Activities
Ford’s Theatre Society Statement of Financial Position
2013 Year end
2014 Year end
2013 Year end 2014 Year end
EARNED INCOME
ASSETS
Mainstage Productions
4,343,942
3,457,437
Cash and Cash Equivalents
1,461,659
1,044,236
Museum Entry and Audio Tours
785,068
761,566
Investments
12,238,267
14,234,038
Education and Other Programming
243,737
229,669
Campaign Pledges Receivable, Net of Discount
1,833,503
705,587
Endowment Allocation
490,910
523,564
Other Accounts and Pledges Receivable
553,444
388,773
Other Earned Revenue
723,747
736272
TOTAL EARNED INCOME
6,587,404
5,708,508
Prepaid expenses
Other Assets
Property and Equipment, Net of Depreciation
827,089
19,017
35,882,086
780,997
34,468,820
CONTRIBUTED INCOME
TOTAL ASSETS
52,815,065
51,622,451
Individuals
837,251
933,364
Government
396,308
525,282
LIABILITIES
Foundation
235,500
198,500
Corporate
2,374,400
2,256,600
Accounts payable and accrued expenses
644,894
511,777
Gala and Special Initiatives
1,721,000
1,857,605
Deferred Income
567,542
623,935
In kind Contributions
788,576
421,467
Construction Line of Credit
900,000
-
TOTAL CONTRIBUTED INCOME
6,353,035
6,192,818
Deferred Rent Liability
67,774
54,157
TOTAL CURRENT LIABILITIES
2,180,210
1,189,869
TOTAL INCOME
12,940,439
11,901,326
NET ASSETS
EXPENSES
Unrestricted
38,236,608
36,780,738
Production and Education Programs
6,597,550
6,169,000
Temporarily restricted
7,048,083
8,301,680
General and Administration
3,702,757
3,778,448
Fundraising
1,037,683
971,571
Endowment Net Assets
5,350,164
5,350,164
Marketing and Public Relations
719,221
811,147
TOTAL NET ASSETS
50,634,855
50,432,582
Other Expenses
455,260
156,185
TOTAL EXPENSES
CHANGE IN UNRESTRICTED NET ASSETS
BEFORE DEPRECIATON AND CAMPAIGN
Unrestricted Net Assets, beginning of year
Campaign Funds Released From Restriction
Depreciation Expense
Unrestricted Net Assets, end of year
12,512,471
11,886,351
427,968
14,975
39,000,558
180,607
(1,372,525)
38,236,608
38,236,608
37,303
(1,508,145)
36,780,741
TOTAL LIABILITIES AND NET ASSETS
52,815,065
51,622,451
ANNUAL REPORT 2014 |
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