2011– 2012 Annual Report - Chesapeake Bay Maritime Museum

statement of financial position year ended april 30, 2012
statement of activities year ended april 30, 2012
ASSETS (in thousands of dollars)
2012
2011
(in thousands of dollars)
REVENUES
UNRESTRICTED
TEMPORARILY
RESTRICTED
PERMANENTLY
RESTRICTED
TOTAL
2012
2011
Cash and Cash Equivalents
Accounts and Grants Receivable
Split-Interest Receivable
Contributions Receivable
Inventories at Lower of Cost or Fair Value
Pre-Paid Expenses
Planned Gifts Investments at Fair Value
Long Term Investments at Fair Value
Land, Buildings and Equipment (Net of Depreciation)
TOTAL ASSETS
LIABILITIES and net assets
Accounts Payable and Accrued Expenses
Deferred Income and Deposits
Long-Term Debt
TOTAL LIABILITIES
NET ASSETS
Unrestricted
Temporarily Restricted
Permanently Restricted
TOTAL NET ASSETS
TOTAL LIABILITIES AND NET ASSETS
$1,261
17
574
293
103
37
11
9,285
11,179
$22,760
$287
159
2,000
$2,446
$9,303
1,908
9,103
$20,314
$22,760
$881
33
577
277
124
76
10
9,739
11,473
$23,190
$173
93
2,000
$2,266
$9,492
2,394
9,038
$20,924
$23,190
Contributions
Membership
Grants
Special Events
Admissions
Ground Rentals
Education Programs
Change in Value of Split Interest Agreements
Investment Income
Realized Gain on Securities
Unrealized Loss on Securities
Museum Store Gross Profit
Rental Income
Miscellaneous Sales
Other Income
Assets Released from Restriction
TOTAL REVENUE
EXPENSES
Program Expenses
Fundraising Expenses
Administration Expenses
TOTAL EXPENSES
CHANGES IN NET ASSETS
$698
422
–
381
507
52
75
25
35
69
(123)
134
16
351
23
1,199
$3,864
$3,110
408
535
$4,053
($189)
$747
–
70
–
–
–
–
–
339
550
(993)
–
–
–
–
(1,199)
($486)
–
–
–
0
($486)
$65
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
$65
–
–
–
0
$65
$1,510
422
70
381
507
52
75
25
374
619
(1,116)
134
16
351
23
–
$3,443
$3,110
408
535
$4,053
($610)
$1,115
398
110
329
467
85
71
32
271
120
818
85
16
224
10
–
$4,151
$2,919
432
509
$3,860
$291
NET ASSETS, BEGINNING OF YEAR
$9,492
$2,394
$9,038
$20,924
$20,633
NET ASSETS, END OF YEAR
$9,303
$1,908
$9,103
$20,314
$20,924
Annual Fund
18%
operating income
Contributions
& Grants 10%
Operating Income
Admissions &
Special Events 25%
operating dollars
at work
Operating Dollars at Work
Special
Events 4%
Visitor Services/
Museum Store 9%
Advancement/
Membership 8%
Administration
18%
Administration
13%
Functional Expenses All Funds
functional expenses
Fundraising
10%
Programs
77%
Other Income
11%
Store Gross
Profit 4%
Marketing &
Publications 8%
Facilities
Management 20%
Education/
Publication 2%
Endowment
Distribution 16%
Membership 13%
Boatyard 13%
Curatorial 7%
Education/
Volunteers 8%
Exhibits 5%
19 chesapeake bay maritime museum Annual report 2011-2012 20