NEW-2017/18 Denver Center for the Performing Arts - Community Report

Page 26

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

June 30, 2018 and 2017

2018

2017

Assets Current assets: Cash and cash equivalents Accounts receivable, net Contributions receivable, net Inventories and deferred production costs Total current assets

$

22,779,648 3,435,612 350,567 3,775,850 30,341,677

$

14,668,873 3,438,878 526,491 2,862,788 21,497,030

Unrestricted investments

10,595,568

10,486,810

Restricted cash Restricted investments Contributions receivable, net Contributions receivable - capital campaign Equipment, leasehold improvements, and work in progress, net Memorabilia and tapestries

909,424 4,493,407 37,809 3,817,636 11,140,415 331,630

123,238 4,212,263 23,913 9,201,256 331,630

Total assets

$

61,667,566

$

45,876,140

$

5,230,707 22,066,564 3,103,782 1,031,307 1,001,810 11,530 40,925 32,486,625

$

3,129,772 19,349,539 1,167,517 1,273,611 11,530 44,910 24,976,879

Liabilities and Net Assets Current liabilities: Accounts payable and accrued expenses Deferred ticket receipts Deferred service fees Deferred contributions Other deferred revenue Current portion of planned gift annuities Current portion of capital lease obligations Total current liabilities Planned gift annuities, less current portion Capital lease obligations, less current portion Total liabilities

195,912 153,774 32,836,311

203,224 20,447 25,200,550

18,398,538 9,061,761 1,370,956 28,831,255

15,334,273 3,970,361 1,370,956 20,675,590

Commitments Net assets: Unrestricted Temporarily restricted Permanently restricted Total net assets Total liabilities and net assets

26

$

61,667,566

$

45,876,140


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