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Fiscal Year 2006
Audited Financial Statements

STATEMENT OF FINANCIAL POSITION
June 30, 2006
 
ASSETS  
Cash and cash equivalents $1,706,087
Unconditional promises to give  
     Unrestricted 632,496
     Restricted to future periods 137,500
Accounts receivable 39,630
Property and equipment, at cost
     (net of accumulated depreciation)
212,580
Prepaid expenses and other current assets 4,043
Investments
344,005
   
Total Assets $3,076,341
   
Liabilities and Net Assets  
Liabilities  
     Accounts payable and accrued expenses $669,235
     Awards payable
288,000
   
Total Liabilities $957,235
   
Net Assets  
Unrestricted $1,242,159
Temporarily restricted 856,947
Permanently restricted
20,000
   
Total Net Assets $2,119,1064
   
Total Liabilities and Net Assets
$3,076,341,000

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 Journey of One
The power of Art & Writing is discovered early and new paths are cleared. Here is one story. Click here to read more!
Innovators and Visionaries
Creative teenagers across America step up to the challenge. Click here to read more!
A Celebration of Creativity
Exceptional young artists and writers across the nation are nationally recognized. Click here to read more!
Showcasing the Next Generation of Artists and Writers
Alliance brought the work of emerging artists and writers to audiences across the country. Click here to read more!
Creative Industry Workshops
Award recipients participate in 75 workshops in New York City. Click here to read more!
Advocating the Arts
The Alliance promotes excellence in arts education in partnership with various art education leaders. Click here to read more!
2006 Financial Profile
List of National Donors
Regional Affiliate programs and Funders
Higher Education Scholarship Support Resources
Celebration 2006: Workshops
Board of Directors and Staff
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