Fund Net Assets
|
| Unrestricted Net Assets, December 2007 |
$273,590,633 |
| Unrestricted Net Assets, December 2006 |
$255,575,621 |
|
Change in
Unrestricted Net Assets
Percent Increase |
$ 18,015,012
7.05% |
 |
|
|
Statement of Financial Position
December 31, |
2007 |
2006 |
|
Assets
Cash
Investments, at fair value
Receivables
Note Receivable
Property and Equipment, net
Other Assets |
$ 7,639,400
252,301,121
16,854,684
445,333
392,093
27,477 |
$ 2,793,436
247,115,784
7,507,073
420,284
429,251
23,397 |
|
Total assets |
$277,660,108 |
$258,289,225 |
|
| Liabilities and Net Assets |
|
|
Liabilities:
Creative Work Fund
Accounts payable and accrued expenses
Grants payable
Deferred taxes |
$ 2,480
556,995
2,605,000
905,000
|
$ 145,279
205,475
1,884,850
478,000
|
|
Total liabilities
Unrestricted Net Assets |
4,069,475
273,590,633
|
2,713,604
255,575,621
|
|
Total liabilities and net assets |
$277,660,108 |
$258,289,225 |
|
|