Skip to main content

MST Income Statements 2018

Page 1

Mile Square Theatre Income Statement January - December 2018 Total Income 131,318.58

Box Office Income Advertising Income

5,850.00

Concession Sales

3,863.49 10,436.00

School Shows Total Box Office Income

$

151,468.07

Contributions 17,500.00

Board Donations

9,009.98

Corporate Gift Government Support

16,353.18

Grant Revenue

31,600.00 146,460.11

Individual Contributions

35,900.00

Sponsorship Total Contributions

$

244,718.42

Education Income

4,112.00

Recital Ticket Sales Total Education Income

256,823.27

$

248,830.42

Event Income 6,060.00

Auction Income Total Event Income

$

6,060.00

Gift Certificate Sales

930.00

Membership Income

6,149.00 31,152.50

Rental Income Total Income

$

701,413.26

Cost of Goods Sold 2,273.85

Supplies & Materials - COGS Total Cost of Goods Sold

$

2,273.85

Gross Profit

$

699,139.41

Expenses 113.00

Bank Charges

9,391.00

Bond paid

262,785.81

Contract Labor Credit Card Fees

10,883.21

Dues & Subscriptions

14,542.15

Education Expenses

4,471.38

Event expenses

5,394.86 440.00

Fundraising/Outreach Expenses Total Event expenses Facility Supplies Facility upgrades Insurance

$

5,834.86 2,690.73 2,049.00 18,097.51


15,161.09

Interest Paid Legal & Professional Fees Accountant

9,800.00

Bookkeeping

3,529.14

Total Legal & Professional Fees

$

13,329.14

Marketing Digital Marketing

5,886.91

Media Advertising

11,871.47 11,025.13

Stationery & Printing Total Marketing

$

28,783.51

Meals and Entertainment

1,394.30

Office Expenses

1,926.31 315.50

Office Supplies

1,631.33

Phone and Internet

200.00

Postage & Shipping Total Office Expenses

$

4,073.14 1,118.99

Payroll Expenses

754.50

Worker's Compensation Total Payroll Expenses

$

1,873.49

Payroll Taxes

10,945.76

Production expense

27,978.77 1,450.00

Costume Rental Total Production expense

$

29,428.77 50.00

Professional Development

63,322.40

Rent or Lease

4,575.42

Repair & Maintenance

542.08

Research

1,910.94

Royalties

162,313.89

Salaries

556.12

Taxes & Licenses Travel

2,500.25

Utilities

4,400.43

Total Expenses

$

676,019.38

Net Operating Income

$

23,120.03

Total Other Income

$

7.61

Net Other Income

$

7.61

Net Income

$

23,127.64

Other Income 7.61

Interest Earned

Monday, Jan 14, 2019 04:21:25 PM GMT-8 - Accrual Basis


Mile Square Theatre Balance Sheet As of December 31, 2018 Total ASSETS Current Assets Bank Accounts Cash

$

Total Cash Total Bank Accounts

63,675.02

$

63,675.02

$

63,675.02

Accounts Receivable 37,227.13

Accounts Receivable (A/R) Total Accounts Receivable

$

37,227.13

Other Current Assets 1,655.85

Prepaid Expenses Total Other Current Assets Total Current Assets

$

1,655.85

$

102,558.00

Fixed Assets -34,748.77

Accumulated Depreciation Equipment & Props

4,662.00

Furniture & Fixtures

3,285.75 1,020.00

Leasehold Improvements

467,428.64

Renovation/Construction Costs Total Fixed Assets

$

441,647.62

Other Assets 8,000.00

Security Deposits Total Other Assets TOTAL ASSETS

$

8,000.00

$

552,205.62

LIABILITIES AND EQUITY Liabilities Current Liabilities Accounts Payable 8,600.00

Accounts Payable Total Accounts Payable

$

8,600.00

Other Current Liabilities 292,492.91

BCB Line of Credit Deferred Revenue

2,500.00

Other Payables

6,143.62 134.46

Payroll Liabilities

30,000.00

The Collective Loan Payable Total Other Current Liabilities Total Current Liabilities Total Liabilities

$

331,270.99

$

339,870.99

$

339,870.99

Equity 138,969.24

Retained Earnings

50,237.75

Unrestricted Net Assets

23,127.64

Net Income Total Equity TOTAL LIABILITIES AND EQUITY

$

212,334.63

$

552,205.62

Monday, Jan 14, 2019 04:50:39 PM GMT-8 - Accrual Basis


Mile Square Theatre Statement of Cash Flows January - December 2018 Total OPERATING ACTIVITIES 23,127.64

Net Income Adjustments to reconcile Net Income to Net Cash provided by operations: Accounts Receivable (A/R)

-37,227.13

Loan to Operating Account

10,156.02

Prepaid Expenses

-1,655.85

Accounts Payable

8,600.00

BCB Line of Credit

-32,886.67

Capital Loan Payable

-10,156.02 2,500.00

Deferred Revenue

134.46

Payroll Liabilities

30,000.00

The Collective Loan Payable Total Adjustments to reconcile Net Income to Net Cash provided by operations: Net cash provided by operating activities

-$

30,535.19

-$

7,407.55

INVESTING ACTIVITIES Leasehold Improvements

-1,020.00

Renovation/Construction Costs

-5,006.00 500.00

Security Deposits Net cash provided by investing activities

-$

5,526.00

Net cash increase for period

-$

12,933.55

$

63,675.02

76,608.57

Cash at beginning of period Cash at end of period

Monday, Jan 14, 2019 04:54:20 PM GMT-8


Mile Square Theatre Income Statement: The Net @ 59E59 All Dates: November 2017-December 2018 Total Income 24,889.69

Box Office Income

0.00

Advertising Income Total Box Office Income

$

24,889.69

Contributions 0.00

Board Donations

36,956.77

Individual Contributions Total Contributions

$

36,956.77

Total Income

$

61,846.46

Gross Profit

$

61,846.46

0.00

Rental Income

Expenses 8.00

Bank Charges

9,391.00

Bond paid

19,422.92

Contract Labor

9,227.69

Production expense

7,222.40

Rent or Lease

33,431.80

Salaries

30.88

Travel Total Expenses

$

78,734.69

Net Operating Income

($16,888.23)

Net Income

($16,888.23)

Monday, Jan 14, 2019 04:29:20 PM GMT-8 - Accrual Basis


Mile Square Theatre Income Statement: Education Programs January - December 2018

Camps

Dance Academy 2017-2018

Dance Academy 2018-2019

Passport 2017-2018

Passport 2018-2019

Theatre 2017-2018

Theatre 2018-2019

Total Education

Income 0.00

0.00

Advertising Income

0.00

0.00

0.00

Concession Sales

0.00

0.00

School Shows

0.00

0.00

Box Office Income

Total Box Office Income

$

0.00

$

0.00

$

0.00

$

0.00

$

0.00

$

0.00

$

0.00

$0.00 0.00

Contributions 0.00

Individual Contributions Total Contributions Education Income

$

0.00

$

40,698.18

$

0.00

$

62,885.01

0.00

20.00 $

39,621.60

0.00

$

19,562.40

20.00

20.00 $

22,583.22

0.00

$

21,440.50

$ 40,698.18

$ 41,247.35

20.00 243,926.26

4,112.00

Recital Ticket Sales Total Education Income

0.00 37,135.35

0.00

4,112.00 $ 62,885.01

$ 39,621.60

$ 19,562.40

$ 22,583.22

$ 21,440.50

$ 248,038.26

0.00

Rental Income

0.00

Total Income

$ 40,698.18

$ 41,247.35

$ 62,885.01

$ 39,621.60

$ 19,562.40

$ 22,603.22

$ 21,440.50

$ 248,058.26

Gross Profit

$ 40,698.18

$ 41,247.35

$ 62,885.01

$ 39,621.60

$ 19,562.40

$ 22,603.22

$ 21,440.50

$ 248,058.26 0.00

Expenses Contract Labor Credit Card Fees Education Expenses

27,290.00

33,470.75

7,970.00

0.00

0.00

0.00

984.41

883.32

28,965.00

4,025.00

5,500.00

126,383.75

0.00

632.16

1,146.89

0.00

673.40

11,740.00

Salaries

19,163.00

151.20

4,471.38

7,740.00

23,480.00

$ 19,836.40

$ 13,391.20

154,335.13

4,000.00

Total Expenses

$ 28,274.41

$ 34,354.07

$ 20,342.16

$ 30,111.89

$

8,025.00

Net Operating Income

$ 12,423.77

$

6,893.28

$ 42,542.85

$

9,509.71

$ 11,537.40

$

2,766.82

$

8,049.30

$

93,723.13

Net Income

$ 12,423.77

$

6,893.28

$ 42,542.85

$

9,509.71

$ 11,537.40

$

2,766.82

$

8,049.30

$

93,723.13

Friday, Jan 11, 2019 06:20:18 AM GMT-8 - Accrual Basis


Turn static files into dynamic content formats.

Create a flipbook
MST Income Statements 2018 by tornamedia - Issuu