Page 6 - 2021 Annual Report Flipbook

2021 INCOME AND EXPENSES incoME And EndowMEnt drAw
Unaudited Financial Statements

opErAting incoME & EndowMEnt drAw Municipal
Annual Fund $ 112,187.35 21% Appropriations Annual Fund
22%
Endowment & Major Donors $ 205,873.05 38% 21%
Friends of the Athenaeum $ 7,351.50 1%

Gallery/Gift Shop $ 11,885.61 2%
Grants/Program Support/ERC $ 77,132.09 14%
Library Services $ 6,974.17 1% Library Services
1%
Municipal Appropriations $ 115,000.00 21%

total income $ 536,403.77 100%
Grants/Program
Support/ERC
opErAting ExpEnSE 14%
Program Service Expense $ 433,180.00 72%
Management Service Expense $ 124,609.66 21% Gallery/Gift Shop
Fundraising Expense $ 43,850.39 7% 2%
Endowment & Major
Donors
total Expense $ 601,640.05 100% Friends of the 39%
Athenaeum
1%
net operating income $ (65,236.28)

opErAtionS And friEndS bALAncE ShEEt 2021 EXPENSE
Cash $ 41,234.51
Fundraising Expense
Pledge Receivables $ 49,686.86 7%
Current Assets $ 15,322.63
Fixed Assets, net of depreciation $ 1,775,191.20
Management Service
Beneficial Interest in Trust $ 2,475,449.13 Expense
21%
Vermont Community Foundation $ 38,752.80
Unrestricted Investments $ 5,018,403.33
Permanently Restricted Investments ( Income Only) $ 290,663.00
total Assets $ 9,704,703.46

Liabilities $ 64,159.89
Equity $ 9,640,543.57
total Liabilities and Equity $ 9,704,703.46

Program Service Expense
72%