GREATER LOUISVILLE MEDICAL SOCIETY AND SUBSIDIARY STATEMENT OF ACTIVITIES 03 / 31 / 26
Operating Activities Revenue and Support Dues......................................................................................... 620,878 Program Service Revenue..................................................... 771,456 Other Operating Revenue..................................................... 241,808 Interest and Dividend Income............................................... 101,249 Total Revenue and Support................................................. 1,735,391
Expenses Program Services.................................................................... 1,818,259 General & Administrative..................................................... 175,284 Medical Society Professional Services Expenses................. 7,198 Total Expenses....................................................................... 2,000,741
Operating Income( Loss).....................................................( 265,350)
Nonoperating Activities Net Realized & Unrealized Gain( Loss).............................. 431,416 Net Income............................................................................. 166,066
GREATER LOUISVILLE MEDICAL SOCIETY AND SUBSIDIARY STATEMENT OF FINANCIAL POSITION 03 / 31 / 26
Assets Current Assets Cash / Cash Equivalents.......................................................... 473,675 Accounts Receivable............................................................... 153,833 Related Party Receivable........................................................ 53,787 Prepaid Expenses.................................................................... 50,255
Investments and Other Assets Investments at Market Value................................................. 3,822,735
Property and Equipment Property and Equipment, net................................................ 18,872 Total Assets............................................................................ 4,573,157
Liabilities and Net Assets Current Liabilities Accounts Payable.................................................................... 32,956 Unearned Revenue.................................................................. 430,265 Total Liabilities...................................................................... 463,221
Net Assets Net Assets without Donor Restrictions.............................. 4,109,936 Total Liabilities and Net Assets.................................... 4,573,157
GREATER LOUISVILLE MEDICAL SOCIETY FOUNDATION STATEMENT OF ACTIVITIES 03 / 31 / 26
Operating Activities Revenue and Support Contributions.......................................................................... 15,462 Doctor’ s Cup........................................................................... 101,976 Doctors’ Ball............................................................................ 108,449 Interest and Dividend Income............................................... 299,051 Total Revenue and Support.......................................... 524,938
Expenses Charitable Program Services................................................. 462,766 General and Administrative.................................................. 114,237 Fundraising and Development.............................................. 140,970 Total Expenses.............................................................. 717,973
Operating Income( Loss)..............................................( 193,035)
Nonoperating Activities Net Realized & Unrealized Gain( Loss).............................. 643,420 Net Income................................................................... 450,385
GREATER LOUISVILLE MEDICAL SOCIETY FOUNDATION STATEMENT OF FINANCIAL POSITION 03 / 31 / 26
Assets Current Assets Cash / Cash Equivalents.......................................................... 60,795 Investments at Market Value................................................. 8,469,439 Prepaid Expenses & Other Assets........................................ 2,736 Total Assets.................................................................. 8,532,970
Liabilities and Net Assets Current Liabilities Accounts Payable, Related Parties........................................ 53,787 Accounts Payable & Accrued Expenses............................... 21,481 Unearned Revenue.................................................................. 6,500 Total Liabilities............................................................ 81,768
Net Assets Net Assets without Donor Restrictions.............................. 8,429,915 Net Assets with Donor Restrictions.................................... 21,287 Total Net Assets.................................................................... 8,451,202 Total Liabilities and Net Assets......................................... 8,532,970
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