2003 Statement of Financial Activities
for the year ended September 30, 2003
(with comparative
totals for 2002)
The National Building Museum is a nonprofit, educational institution. This financial report
is based on an
independently audited financial statement.
For a copy of the
complete financial
statement, please write the Museum at 401 F Street NW, Washington, D.C. 20001, or call 202.272.2448.
| |
Unrestricted |
Temporarily
Restricted |
Permanently
Restricted |
2003
Total |
2002
Total |
| Revenue |
| Contributions and Grants |
$ 1,973,476 |
$1,784,923 |
– |
$ 3,758,399 |
$4,447,248 |
| Great Hall Events |
1,437,200 |
– |
– |
1,437,200 |
1,557,265 |
| Museum Shop Sales |
1,038,165 |
– |
– |
1,038,165 |
981,464 |
| Contributed Services |
641,085 |
– |
– |
641,085 |
705,419 |
| Investment Income |
323,905 |
91,262 |
– |
415,166 |
55,595 |
| Membership |
247,471 |
– |
– |
247,471 |
228,024 |
| Other |
213,251 |
– |
– |
213,251 |
160,831 |
| Education Program Fees |
199,625 |
– |
– |
199,625 |
175,072 |
| Contribution Box |
57,213 |
– |
– |
57,213 |
63,482 |
Net Assets Released
from Restrictions |
2,117,329 |
(2,117,329) |
|
0 |
|
| Total Revenue |
8,248,719 |
(241,144) |
– |
8,007,575 |
>8,374,400 |
| Expenses |
| Programs |
|
|
|
|
|
| Exhibitions |
2,811,152 |
– |
– |
2,811,152 |
2,656,160 |
Education and
Public Programs |
1,419,791 |
– |
– |
1,419,791 |
1,416,523 |
| Museum Shop |
837,147 |
– |
– |
837,147 |
791,101 |
Publications and
Public Affairs |
807,499 |
– |
– |
807,499 |
509,687 |
| Great Hall Events |
289,810 |
– |
– |
289,810 |
371,000 |
| Collections |
136,583 |
– |
– |
136,583 |
130,549 |
| Supporting Services |
|
|
|
|
|
| General and Administration |
772,979 |
– |
– |
772,979 |
783,569 |
| Fundraising |
870,723 |
– |
– |
870,723 |
716,402 |
| Membership |
102,320 |
– |
– |
102,320 |
105,967 |
| Total Expenses |
8,048,003 |
– |
– |
8,048,003 |
7,480,958 |
| Loss on Investments |
– |
– |
– |
– |
344,569 |
| Total Expenses and Loss |
8,048,003 |
– |
– |
8,048,003 |
7,825,527 |
Increase (decrease)
in Net Assets |
200,716 |
(241,144) |
– |
(40,428) |
548,873 |
| Net Asset Transfer |
– |
650,253 |
(650,253) |
– |
– |
Net Assets,
beginning of year |
912,121 |
2,541,903 |
1,290,253 |
4,744,277 |
4,195,404 |
| Net Assets, end of year |
$1,112,837 |
$2,951,012 |
$640,000 |
$4,703,849 |
$4,744,277 |
|