Annual Report - Oklahoma City Museum of Art
Annual Report - Oklahoma City Museum of Art
Annual Report - Oklahoma City Museum of Art
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
OKLAHOMA CITY MUSEUM OF ART, INC.<br />
AND SUBSIDIARIES<br />
CONSOLIDATED STATEMENTS OF ACTIVITIES AND<br />
CHANGES IN NET ASSETS<br />
Year ended June 30, 2009<br />
(and Summarized Totals for 2008)<br />
Revenues, Gains and Other Support<br />
Contributed income:<br />
Individuals 1,235,124<br />
Summarized<br />
Temporarily Permanently 2009 Totals for<br />
Unrestricted Restricted Restricted Total 2008<br />
$ $ 40,000 $ 217,440 $ 1,492,564 $ 1,083,571<br />
Corporate and other 428,460 190,000 15,500 633,960 595,245<br />
Allied <strong>Art</strong>s 356,488 - - 356,488 263,319<br />
Grants and foundations 589,800 648,500 10,250 1,248,550 2,114,050<br />
2,609,872 878,500 243,190 3,731,562 4,056,185<br />
Fundraising events 333,687 - - 333,687 506,950<br />
Memberships 437,425 - - 437,425 436,725<br />
Admissions 782,032 - - 782,032 395,486<br />
<strong>Museum</strong> store sales 386,322 - - 386,322 362,798<br />
<strong>Museum</strong> <strong>of</strong> <strong>Art</strong> Café sales 1,233,080 - - 1,233,080 1,123,318<br />
<strong>Museum</strong> <strong>of</strong> <strong>Art</strong> Café catering sales 248,968 - - 248,968 268,259<br />
In-kind donations 62,257 - - 62,257 133,113<br />
Miscellaneous 167,989 - - 167,989 166,003<br />
Investment income 483,000 163,533 - 646,533 857,677<br />
Net unrealized losses on investments (1,270,833) (770,557) - (2,041,390) (1,095,216)<br />
Funds released from restrictions 1,283,834 (1,528,954) 245,120 - -<br />
Total revenues, gains and other support 6,757,633 (1,257,478) 488,310 5,988,465 7,211,298<br />
Expenses<br />
Programming 3,269,745 - - 3,269,745 1,686,430<br />
<strong>Museum</strong> store 378,788 - - 378,788 328,711<br />
<strong>Museum</strong> <strong>of</strong> <strong>Art</strong> Café 1,352,389 - - 1,352,389 1,264,589<br />
Management and general 983,473 - - 983,473 852,763<br />
Fundraising and development 709,395 - - 709,395 740,591<br />
Security, building and grounds 903,196 - - 903,196 898,976<br />
<strong>Art</strong> accessioned 588,373 - - 588,373 746,409<br />
Depreciation 779,545 - - 779,545 813,900<br />
Total expenses 8,964,904 - - 8,964,904 7,332,369<br />
Changes in net assets (2,207,271) (1,257,478) 488,310 (2,976,439) (121,071)<br />
Net assets, beginning <strong>of</strong> year 22,943,104 6,398,007 8,223,859 37,564,970 37,686,041<br />
Net assets, end <strong>of</strong> year $ 20,735,833 $ 5,140,529 $ 8,712,169 $ 34,588,531 $ 37,564,970<br />
See notes to consolidated financial statements. 4
Change language