Compass Arts Creativity Project Annual Report 2023
2023 FINANCIALS
| STATEMENT OF FINANCIAL ACTIVITIES | 2023 | 2022 |
|---|---|---|
| Income | ||
| Grants, Foundations & Sposorships | $39,104 | $109,525 |
| Individual and In-Kind Contributions | $28,295 | $33,211 |
| Program Registrations | $168,121 | $160,389 |
| Other Income | $447 | $1,094 |
| Total Income | $235,967 | $304,219 |
| Expenses | ||
| Overhead | $38,927 | $31,427 |
| Administrative/Fundraising | $90,387 | $79,684 |
| Program Expenses | $120,913 | $120,623 |
| Total Expenses | $250,227 | $231,734 |
| STATEMENT OF FINANCIAL POSITION | 2023 | 2022 |
|---|---|---|
| Assets | ||
| Cash | $81,694 | $107,760 |
| Other Assets | $9,465 | $11,884 |
| Total Assets | $91,159 | $119,644 |
| Liabilities | ||
| Liabilities | $1,155 | $15,381 |
| Net | ||
| Net Assets, Unrestricted | $71,316 | $14,362 |
| Net Assets, Temporarily Restricted | $18,688 | $89,901 |
| Total Net Assets | $90,004 | $104,263 |