SOURCES OF FUNDS | 2017/18 NASHVILLE SYMPHONY ASSOCIATION STATEMENTS OF FINANCIAL POSITION July 31, 2018 and 2017 July 2018 ASSETS Current assets Cash and cash equivalents Accounts receivable Prepaid expenses and other assets Certificates of deposit Contributions receivable, net Other receivable Total current assets Noncurrent assets Contributions receivable, net Investments Beneficial interests in trusts Property and equipment, net Total noncurrent assets Total Assets LIABILITIES AND NET ASSETS Current liabilities Accounts payable and accrued liabilities Deferred revenues Note payable – current Total current liabilities Long-term liabilities Note payable Total long-term liabilities Total liabilities Net assets Unrestricted Temporarily restricted Permanently restricted Total net assets Total liabilities and net assets $7,458,671 $800,995 $1,742,045 - $1,360,420 - $11,362,131 $1,852,351 $2,360,156 $10,241,921 $75,553,346 $90,007,774 $101,369,905 $914,989 $5,400,217 - $6,315,206 $20,000,000 $20,000,000 $26,315,206 $66,863,004 $5,337,376 $2,854,319 $75,054,699 $101,369,905 July 2017 $8,078,176 $1,023,066 $1,088,412 $2,400,000 $2,154,849 $112,315 $14,856,818 $2,086,576 $841,571 $10,081,049 $77,614,930 $90,624,126 $105,480,944 $805,868 $6,216,741 $632,192 $7,654,801 $20,000,000 $20,000,000 $27,654,801 THANK YOU TO OUR GOVERNMENT PARTNERS $68,700,467 $6,435,510 $2,690,166 $77,826,143 $105,480,944 73% PROGRAMS $18,406,798 11% ADMINISTRATIVE $2 ,754,541 11% MARKETING $2 ,622, 285 5% FUNDRAISING $1,428,915 USES OF FUNDS | 2017/18 65% PROGRAM REVENUE $16,453,886 33% SUPPORT $8,410,403 1% CASH RESERVES $348,250 4 NASHVILLE SYMPHONY | 2018/19 ANNUAL REPORT
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