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

 
STATEMENT OF ACTIVITIES 
 
Year ended June 30, 2006 
 
                                                       Temporarily 
                                         Unrestricted  restricted 
 
Changes in unrestricted net assets: 
  Public support and revenues: 
    Contributions                          $3,791      $14,723 
    Dues                                  136,000            0 
    Sales of publications                 154,525            0 
    Conventions                           137,359            0 
    Interest and dividends                 20,805        5,528 
    Realized and unrealized gain (loss)    11,885        3,634 
      on investments, net 
    Other                                  15,113            0 
  Net assets released from restriction: 
    Payment of awards                       5,850       (5,850) 
  Total revenues and gains                485,328       18,035 
Expenses: 
  Program services: 
    General expenses                       16,080            0 
    Publications                           98,719            0 
    Conventions                           111,190            0 
    Awards                                  5,350            0 
    Member services                         9,612            0 
    Total program expenses                240,951            0 
  Supporting services: 
    Management and general                149,358          100 
  Total expenses                          390,309          100 
Change in net assets                       95,019       17,935 
Net assets, unrestricted, beginning       546,394       30,944 
Net assets prior to reclassification      641,413       48,879 
Reclassification of net assets from        12,667      (12,667) 
  temporarily restricted to 
  unrestricted 
Net assets, unrestricted, ending         $654,080      $36,212 
 
                                         Permanently 
                                         restricted   Total 
 
Changes in unrestricted net assets: 
  Public support and revenues: 
    Contributions                         $10,000      $28,514 
    Dues                                        0      136,000 
    Sales of publications                       0      154,525 
    Conventions                                 0      137,359 
    Interest and dividends                      0       26,333 
    Realized and unrealized gain (loss)         0       15,519 
      on investments, net 
    Other                                       0       15,113 
  Net assets released from restriction: 
    Payment of awards                           0            0 
  Total revenues and gains                 10,000      513,363 
Expenses: 
  Program services: 
    General expenses                            0       16,080 
    Publications                                0       98,719 
    Conventions                                 0      111,190 
    Awards                                      0        5,350 
    Member services                             0        9,612 
    Total program expenses                      0      240,951 
  Supporting services: 
    Management and general                    101      149,559 
  Total expenses                              101      390,510 
Change in net assets                        9,899      122,853 
Net assets, unrestricted, beginning       147,293      724,631 
Net assets prior to reclassification      157,192      847,484 
Reclassification of net assets from             0            0 
  temporarily ...