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EXHIBIT E

National Underground Railroad Freedom Center, Inc.


Internally generated financial statements for year-to-date September 30, 2010 ("YTD10"), and audited financial statements for fiscal-years-ending December 31,
2009, 2008, and 2007 ("FYE09," "FYE08," and "FYE07").
Statement of Financial Position Information:

YTD10 % Change FYE09 % Change FYE08


Assets
Current Assets:
Cash and Cash Equivalents $ 452,443 66.29% $ 272,077 -88.62% $ 2,389,945
Government Receivable $ - -100.00% $ 437,891 -10.35% $ 488,424
Accounts Receivable $ 560,250 695.92% $ 70,390 -11.90% $ 79,896
Restricted for Capital Project $ - NC $ - NC $ -
Pledges Receivable, Net $ 2,028,853 1.01% $ 2,008,644 -55.93% $ 4,557,580
Gift Shop Inventories $ 135,018 6.28% $ 127,036 -6.41% $ 135,731
Prepaid Expenses $ 71,621 23.13% $ 58,168 -13.58% $ 67,309
Pledges Receivable-Restricted for Capital Projects NC NC
Total Current Assets $ 3,248,185 9.21% $ 2,974,206 -61.47% $ 7,718,885

Other Assets
Other Assets $ - -100.00% $ 547,263 -2.46% $ 561,074
Investments $ 663,888 -87.55% $ 5,333,162 -77.38% $ 23,577,212
Assets Limited As To Use (restricted) $ 936,666 95.02% $ 480,298 1.21% $ 474,575
Total Other Assets $ 1,600,554 -74.84% $ 6,360,723 -74.16% $ 24,612,861

Long-Term Assets:
Long-Term Pledges Receivable, Net $ 563,752 NC $ - NC $ -
Museum Facility. Net $ 30,474,825 -6.34% $ 32,537,046 -58.54% $ 78,483,461
Historical Collections $ - NC $ - NC $ -
Total Long-Term Assets: $ 31,038,577 -4.61% $ 32,537,046 -58.54% $ 78,483,461

Total Assets $ 35,887,316 -14.29% $ 41,871,975 -62.21% $ 110,815,207

Liabilities
Current Liabilities:
Accounts Payable $ 347,111 51.82% $ 228,633 -1.23% $ 231,472
Payable to "Do the Right Thing" $ - NC $ - NC $ -
Wage Continuation $ - NC $ - NC $ -
Accrued Liabilities $ - -100.00% $ 156,458 -41.84% $ 269,017
Interest Payable $ - -100.00% $ 187,650 -46.60% $ 351,400
Deferred Revenue $ 24,858 -41.35% $ 42,385 -81.11% $ 224,367
Accrued Expenses $ 246,752 NC $ - NC $ -
Accounts Payable (receivable) to (from) other funds $ - NC $ - NC $ -
Note Payable (current) $ - NC $ - NC $ -
Total Current Liabilities $ 618,721 0.58% $ 615,126 -42.85% $ 1,076,256

Long-Term Liabilities
Tax Exempt Bonds Payable $ - -100.00% $ 27,000,000 -41.30% $ 46,000,000
Total Long-Term Liabilities $ - -100.00% $ 27,000,000 -41.30% $ 46,000,000

Total Liabilities $ 618,721 -97.76% $ 27,615,126 -41.34% $ 47,076,256

Net Assets
Unrestricted $ 33,357,286 147.29% $ 13,489,393 -78.44% $ 62,563,238
Temporarily Restricted $ 954,643 27.72% $ 747,456 -35.33% $ 1,155,713
Permanently Restricted $ 956,666 4683.33% $ 20,000 0.00% $ 20,000
Total Net Assets $ 35,268,595 147.38% $ 14,256,849 -77.63% $ 63,738,951

Total Liabilities and Net Assets $ 35,887,316 -14.29% $ 41,871,975 -62.21% $ 110,815,207

Statement of Activity Information:

YTD10 % Change FYE09 % Change FYE08


Revenues
Contributions
Foundations and Organizations $ 1,053,550 239.98% $ 309,890 -85.60% $ 2,152,000
Individuals $ 1,532,936 126.13% $ 677,914 -68.19% $ 2,131,065
Corporations $ 497,272 27.69% $ 389,437 11.59% $ 348,993
Time Discounts $ - -100.00% $ 47,000 9.30% $ 43,000
Allowance for Doubtful Accounts $ - -100.00% $ (264,892) N $ 33,600
Government Grants $ 744,415 -37.04% $ 1,182,414 -18.16% $ 1,444,708
Admissions $ - -100.00% $ 525,690 -20.78% $ 663,544
Earned Revenues $ 816,017 98.50% $ 411,094 -29.68% $ 584,642
Donated Services and In-Kind Gifts $ 5,938 -99.34% $ 903,912 159.08% $ 348,890
Special Events $ 323,965 374.95% $ 68,211 256.45% $ 19,136
Other Income $ 25,937 56.19% $ 16,606 2.84% $ 16,148
Net Assets Released From Restrictions $ - NC $ - NC $ -
Total Revenues and Support $ 5,000,030 17.17% $ 4,267,276 -45.19% $ 7,785,726

Expenses
Museum Programs $ 2,899,946 -8.46% $ 3,167,866 1.96% $ 3,107,028
Administrative and General $ 2,011,757 61.13% $ 1,248,493 -46.94% $ 2,353,061
Fundraising, Developments, and Communications $ - -100.00% $ 1,122,893 -20.50% $ 1,412,517
Other Programs $ - -100.00% $ 622,510 -51.82% $ 1,292,082
Interest Expense $ 753,228 -32.83% $ 1,121,458 -47.75% $ 2,146,243
In-Kind Expenses $ 5,938 -99.32% $ 873,912 219.07% $ 273,891
Depreciation $ 2,494,182 -35.23% $ 3,851,071 -11.24% $ 4,338,937
Depreciation $ (2,494,182) -35.23% $ (3,851,071) -11.24% $ (4,338,937)
Total Expenses (net of depreciation) $ 5,670,869 -30.48% $ 8,157,132 -22.94% $ 10,584,822

Change in Net Assets Pre-Depreciation & Pre-Realized/Unrealized


Gain/Loss $ (670,839) -82.75% $ (3,889,856) 38.97% $ (2,799,096)
Depreciation $ (2,494,182) -35.23% $ (3,851,071) -11.24% $ (4,338,937)
Impairment loss (FAS-144 adjustment) $ - -100.00% $ (42,200,000) NC $ -
Extraordinary income (debt settlement) $ 24,150,000
Realized/Unrealized Loss/Gain on Investments $ 26,517 -94.22% $ 458,825 P $ (2,447,546)

Change in Net Assets Post-Depreciation & Post-Realized/Unrealized


Gain/Loss $ 21,011,496 P $ (49,482,102) 416.21% $ (9,585,579)

Net Assets at the Beginning of Year $ 14,256,849 -77.63% $ 63,738,951 -13.07% $ 73,324,530

Net Assets at the End of Year $ 35,268,345 147.38% $ 14,256,849 -77.63% $ 63,738,951

1
In the "% Change" columns, "NC" means not calculable, "P" means the figure went from negative to positive, "N" means the figure went from positive to negative,
"NM" means not meaningful.

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