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2005 Financial Profile

STATEMENT OF FINANCIAL POSITION
June 30, 2005
 
ASSETS  
Cash and cash equivalents $1,790,163
Unconditional promises to give  
     Unrestricted 45,253
     Restricted to future periods 50,000
Accounts receivable 46,299
Prepaid expenses and other current assets 28,368
Investments 259,523
   
Total Assets $2,219,606
   
Liabilities and Net Assets  
Liabilities  
     Accounts payable and accrued expenses $97,042
     Awards payable 216,000
   
Total Liabilities $313,042
   
Net Assets  
Unrestricted $1,066,008
Temporarily restricted 820,556
Permanently restricted 20,000
   
Total Net Assets $1,906,564
   
Total Liabilities and Net Assets $2,219,606

Audit conducted by Lutz & Carr LLP. Full audit report available by contacting the Alliance at A&Wgeneralinfo@scholastic.com


Message from Leadership
What is needed to identify creative potential, nurture its development, and celebrate the remarkable artistic vision of our nation’s most gifted young artists and writers? Click here to read more!

The Impact of One
The power of the individual story illuminates the impact of the creative journey on so many. Here is one inside story. Click here to read more! Click here to read more!

Authentic Voices
Teenagers across the country took charge of their creative journey when they submitted 250,000 entries to local programs of The Scholastic Art & Writing Awards of 2005. Click here to read more!

Recognize! Support!
Young artists and writers from across the nation earned more than 1,300 Gold, Silver, American Voices/Visions Awards. All nationally recognized participants received special medals Click here to read more!

Audiences and Advocacy
Throughout the year, the Alliance increased exposure to larger audiences for the work of emerging artists and writers. Click here to read more!

Exploring the City
More than 400 students participated in a series of workshops and cultural experiences with visual and literary arts professionals hosted in 30 venues throughout the City. Click here to read more!

The Power of “And”
The Alliance continued to collaborate with national arts education leaders, such as the Arts Education Partnership. Click here to read more!