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Music Library Association.(Financial Statements)(Financial report)(Brief article)

Notes

| June 01, 2007 | COPYRIGHT 2007 Music Library Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

 
STATEMENTS OF FINANCIAL POSITION 
 
June 30, 2006 and 2005 
 
                                        2006        2005 
 
ASSETS 
  Cash and cash equivalents: 
    Unrestricted                          $112,253     $46,893 
    Restricted, Mellon Grant                99,735     250,854 
    Temporarily restricted                  14,405      15,034 
    Permanently restricted                   2,612       2,713 
    Total cash and cash equivalents        229,005     315,494 
  Certificate of deposit--restricted,       60,000           0 
    Mellon Grant 
  Accounts receivable, less allowance        5,047      33,860 
    for doubtful accounts 2006-$3,800; 
    2005-$0 
  Inventories                                7,692       9,310 
  Investments in mutual funds: 
    Unrestricted                           568,881     525,652 
    Temporarily restricted                  22,564      15,910 
    Permanently restricted                 ...

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Source: HighBeam Research, Music Library Association.(Financial Statements)(Financial...