2011 Annual Report - Color - Boulder History Museum

STATEMENTOF FINANCIALPOSITIONOSITION 12/31/11ASSETSCurrent assetsCash and cash equivalents $ 16,347Prepaid expenses 3,127Inventory 3,108Investments 1,023,210Other current assets 4,501Total currentassets 1,050,293Property and equipmentFurniture and fixtures 27,647Leasehold improvements 25,810Machinery and equipment 48,952Collections storage facility 1,043,898Vehicles 6,070Land 225,937Total 1,378,314Less accumulated depreciation (276,288)Property and equipment,net 1,102,026Long-term investments 6,163,514Total assets $ 8,315,833LIABILITIES AND NET ASSETSCurrent liabilitiesAccounts payable, general $ 20,127Accrued payroll and vacation 12,203Other current liabilities 845Current portion of long-termdebt 33,591Total current liabilities 66,766Security deposits 4,225Long-term debt, net of current portion 642,174Total liabilities 713,165Net assetsUnrestricted 1,227,060Temporarily restricted 212,094Permanently restricted 6,163,514Total net assets 7,602,668Total liabilities and netassets $ 8,315,833