Financial Data

Financial Data

THE OHIO HISTORICAL SOCIETY CONSOLIDATED STATEMENTS OF ACTIVITY AND CHANGES IN NET ASSETS FOR THE YEARS ENDED JUNE 30, 2011 AND 2010

JUNE 30, 2011

JUNE 30, 2010

SUPPORT:

UNRESTRICTED

TEMPORARILY RESTRICTED

PERMANENTLY RESTRICTED

CONSOLIDATED TOTAL

CONSOLIDATED TOTAL

STATE APPROPRIATIONS:

OPERATING SUBSIDIES

$7,553,377

$7,553,377

$7,275,353

CAPITAL PROJECTS

4,017,194

4,017,194

3,058,185

CONTRACTS AND GRANTS

3,199,576

3,199,576

3,486,340


CONTRIBUTIONS

329,221

$566,030

$152,825

1,048,076

983,673


CONTRIBUTED MATERIALS AND SERVICES

846,290

846,290

505,148


OTHER SUPPORT

60,818

60,818

55,543


TOTAL SUPPORT

$16,006,476

$566,030

$152,825

$16,725,331

$15,364,242



REVENUE:

UNRESTRICTED

TEMPORARILY RESTRICTED

PERMANENTLY RESTRICTED

CONSOLIDATED TOTAL

CONSOLIDATED TOTAL

ADMISSIONS & PARKING

202,164

202,164

333,208

MEMBERSHIPS & SUBSCRIPTIONS

334,448

334,448

358,407

INVESTMENT INCOME

173,501

53,208

94,256

320,965

323,088

SALES

64,076

64,076

136,494

FACILITIES USE

63,005

63,005

61,614

ADVERTISING INCOME

1,450

1,450

PROGRAM SERVICES INCOME

481,934

481,934

457,120

SPECIAL EVENTS INCOME

122,355

122,355

91,148

OTHER REVENUE

179,958

179,958

122,135

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TOTAL REVENUE

$1,622,891

$53,208

$94,256

$1,770,355

$1,883,214

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NET ASSETS RELEASED FROM RESTRICTIONS

$1,023,188

($1,023,188)

-

-


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TOTAL SUPPORT, REVENUE

$18,652,555

($403,950)

$247,081

$18,495,686

$17,247,456

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EXPENSES:

UNRESTRICTED

TEMPORARILY RESTRICTED

PERMANENTLY RESTRICTED

CONSOLIDATED TOTAL

CONSOLIDATED TOTAL

PROGRAM EXPENSES:

SITE OPERATIONS, EDUCATION & INTERPRETIVE PROGRAMS

$8,663,867

$6,750

$8,670,617

$8,991,982

STATE ARCHIVES & LIBRARY

921,739

921,739

1,173,521

HISTORIC PRESERVATION OFFICE

1,763,046

1,763,046

1,693,522

CAPITAL PROJECTS

4,017,194

4,017,194

3,058,258


SUPPORT SERVICES:

MANAGEMENT AND GENERAL

3,091,616

3,091,616

2,358,314

BUSINESS VENTURES

139,705

139,705

171,417

FUND-RAISING

420,444

420,444

415,884


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TOTAL EXPENSES

$19,017,611

$6,750

-

$19,024,361

$17,862,898

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CHANGE IN NET ASSETS BEFORE CHANGES RELATED TO COLLECTION ITEMS NOT CAPITALIZED AND REALIZED AND UNREALIZED GAINS AND LOSSES

($365,056)

($410,700)

$247,081

($528,675)

($615,442)


INSURANCE PROCEEDS

-

250,553

REALIZED GAINS AND LOSSES

17,763

5,299

6,936

29,998

(16,001)

UNREALIZED GAINS AND LOSSES

837,504

550,885

625,548

2,013,937

1,222,619

COLLECTION ITEMS PURCHASED BUT NOT CAPITALIZED

(34,576)

(34,576)

(27,976)

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CHANGE IN NET ASSETS BEFORE TRANSFERS

$455,635

$145,484

$879,565

$1,480,684

$813,753


TRANSFER OF FUND RESTRICTIONS

780,948

(1,020,113)

239,165

-

-

TRANSFERS TO OUTSIDE ORGANIZATIONS

-

(519,632.00)

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CHANGE IN NET ASSETS

1,236,583

(874,629)

1,118,730

1,480,684

294,121


NET ASSETS, BEGINNING OF YEAR

5,897,422

3,500,378

3,722,932

13,120,732

12,826,611

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NET ASSETS, END OF YEAR

$7,134,005

$2,625,749

$4,841,662

$14,601,416

$13,120,732

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THIS INFORMATION IS PRELIMINARY AND UNAUDITED


THE OHIO HISTORICAL SOCIETY CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AS OF JUNE 30, 2011 AND 2010

JUNE 30, 2011

JUNE 30, 2010

ASSETS

UNRESTRICTED

TEMPORARILY RESTRICTED

PERMANENTLY RESTRICTED

CONSOLIDATED TOTAL

CONSOLIDATED TOTAL

CASH AND CASH EQUIVALENTS

$1,681,506

($593,747)

$402,540

$1,490,299

$1,384,797


RECEIVABLES:

GRANTS

463,786

463,786

554,458

CONTRACTS AND CAPITAL PROJECTS

1,078,612

1,078,612

1,065,460

CONTRIBUTIONS

28,174

28,174

35,052

OTHER

265,128

265,128

37,660


INVENTORY

225,176

225,176

238,400


PREPAID EXPENSES AND OTHER ASSETS

357,226

34,274

391,500

139,359


LONG-TERM INVESTMENTS

6,029,056

3,283,419

4,439,122

13,751,597

12,540,049


FIXED ASSETS 
(NET OF ACCUMULATED DEPRECIATION $1,371,496 AND $1,248,108 RESPECTIVELY)

443,000

443,000

557,462


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TOTAL ASSETS

$10,543,490

$2,752,120

$4,841,662

$18,137,272

$16,552,697

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LIABILITIES AND NET ASSETS

UNRESTRICTED

TEMPORARILY RESTRICTED

PERMANENTLY RESTRICTED

CONSOLIDATED TOTAL

CONSOLIDATED TOTAL

LIABILITIES


ACCRUED SALARIES AND WAGES AND OTHER ACCRUED LIABILITIES

$863,119

863,119

$1,007,476

ACCOUNTS PAYABLE

1,116,648

126,371

1,243,019

745,350

DEFERRED STATE SUPPORT

44,186

44,186

214,134

DEFERRED SUBSCRIPTION AND OTHER REVENUE

752,124

752,124

684,665

ACCRUED LEAVE LIABILITY

633,408

633,408

780,340

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TOTAL LIABILITIES

3,409,485

126,371

-

3,535,856

3,431,965


NET ASSETS:


OPERATIONS

3,776,938

2,466,697

6,243,635

5,553,050

BOARD DESIGNATED:

RESERVES

497,416

497,416

493,375

SPECIFIC PROGRAMS AND PROJECTS

1,133,748

159,052

1,292,800

1,235,631

ENDOWMENTS

4,841,662

4,841,662

4,284,074


COMMITMENTS

-

-

-

-

-


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TOTAL LIABILITIES AND NET ASSETS

$10,543,490

$2,752,120

$4,841,662

$18,137,272

$16,552,697

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THIS INFORMATION IS PRELIMINARY AND UNAUDITED