Annual Report FY 2007 - The Music Hall, Portsmouth

financials
FRIENDS OF THE MUSIC HALL
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED JUNE 30, 2006
Temporarily Permanently
unrestricted Restricted Restricted Total
REVENUES AND OTHER SUPPORT
Ticket sales $828,272 $- $- $828,272
Theater rental 119,727 - - 119,727
Advertising revenue 79,730 - - 79,730
Concession revenue 80,440 - - 80,440
Contributions 435,471 - - 435,471
Grants 91,856 - - 91,856
Sponsorships 439,425 - - 439,425
Interest and dividends 4,881 1,121 - 6,002
Fundraising and other income 168,921 33,450 - 202,371
America’s Treasures - 544,349 - 544,349
Unrealized gains on agency funds - - 12,927 12,927
Net assets released from restrictions:
Satisfaction of capital acquisition
restrictions 350,840 (350,840) - -
Total revenues and other support 2,599,564 228,079 12,927 2,840,570
EXPENSES
Production and operating expenses 897,896 - - 897,896
Administrative and fundraising 697,821 23,600 - 721,421
Marketing and development 378,192 - - 378,192
Facility 164,923 - - 164,923
Rental related expense 18,670 - - 18,670
Interest expense 8,226 - - 8,226
Depreciation 59,670 - - 59,670
Concession 30,960 - - 30,960
America’s Treasures expenses 41,844 - - 41,844
125th Anniversary expenses - - - -
Total expenses 2,298,202 23,600 - 2,321,802
INCREASE IN NET ASSETS $301,362 $204,479 $12,927 $518,768
The Music Hall is a 501c3 tax exempt, fiscally responsible not-for-profit organization, managed by
a volunteer Board of Trustees and a professional staff. All contributions are tax deductible
to the full extent allowable by law.
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