Executive Committee Mtg 04-16-24

Consent Agenda

Page 6 of 55

Consolidated DMCVB DMSC Balance Sheets: As of 3/31/2024

3/31/2024

3/31/2023

Variance

1 2 3 4 5 6 7 8

ASSETS:

Cash Accounts

$228,885.63 16,713,712.03

$683,744.23 12,992,544.65

($454,858.60) 3,721,167.38

Investments

Inventory

19,029.05

78,307.97

(59,278.92)

Assessment

1,530,220.21

1,530,220.21

0.00

Unpaid Subscriptions Receivable -

Membership & Other

3,747,898.40

178,619.31

3,569,279.09

9 131000-0000

Allowance for Doubtful Account

0.00

0.00

0.00

10 11 12 13 14 15 16 17

Prepaid Expenses

1,032,184.57 $539,664.00 4,647,209.58 (3,577,500.65) 1,069,708.93

1,473,929.42 $1,272,289.00 4,443,958.82 (3,419,393.56) 1,024,565.26

(441,744.85) ($732,625.00) 203,250.76 (158,107.09)

Net Future Bureau Commitments

Capital & Leasehold

(Less Accumulated Depreciation)

Net Capital Assets

45,143.67

Total Assets

$24,881,302.82 $19,234,220.05 $5,647,082.77

LIABILITIES & NET ASSETS:

18 19 200000-0000

Accounts Payable Accrued Liabilities

1,836,984.89 9,085,668.94 539,664.00

623,483.73 3,593,681.91 1,272,289.00

1,213,501.16 5,491,987.03 (732,625.00)

20

21 270500-0000

Accrued Future Bureau Commitments

22

Accrued Payroll

310,956.72 88,384.35

53,780.86 (16,154.47)

257,175.86 104,538.82

23 251000-0000

Membership

24 25

PPP Loan Foregiveness Liability

0.00

0.00

0.00

Total Liabilities

$11,861,658.90 $5,527,081.03 $6,334,577.87

26 27 302000-0000 + 410000:9F3u6n5d00Balance-Unrestricted

8,213,945.85 4,305,698.07 $13,019,643.92

8,901,440.95 4,305,698.07 $13,707,139.02

(687,495.10)

28 302500-0000

Fund Balance-Future Bureau Commitments

0.00

29 30 31 32 33 34 35 36

Total Net Assets

($687,495.10)

Total Liabilities & Net Assets

$24,881,302.82 $19,234,220.05 $5,647,082.77

Ratio: Total Assets to Total Liabilities

2.0:1

3.4:1

(-1.38):1

4/11/2024: 9:04 AM 200 Balance Sheet Summary test Ratio