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Download Report - National Gallery of Art

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NATIONAL GALLERY OF ART<br />

summarized STATEMENTS OF FINANCIAL POSITION<br />

September 30, 2012 and 2011<br />

(in thousands)<br />

aSSetS 2012 2011<br />

Cash and cash equivalents $ 73,476 $ 106,726<br />

Pledges, accounts receivable, and other assets 24,475 12,936<br />

Investments and trusts held by others 700,579 620,997<br />

Property, plant, and equipment, net 266,545 224,578<br />

Total assets $ 1,065,075 $ 965,237<br />

LIaBILItIeS and net aSSetS<br />

LIaBILItIeS:<br />

Environmental liability $ 21,025 $ 19,989<br />

Contractual obligations – 7,874<br />

Other liabilities 55,709 53,851<br />

Total liabilities 76,734 81,714<br />

net aSSetS:<br />

Unrestricted 426,038 336,245<br />

Temporarily restricted 192,468 182,941<br />

Permanently restricted 369,835 364,337<br />

Total net assets 988,341 883,523<br />

Total liabilities and net assets $ 1,065,075 $ 965,237<br />

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