Revenue and Expenses
Revenue
National Endowment for the Humanities: $287,495
State of Vermont: $343,270
Contributions and Grants: $1,168,541
Program and Other Income: $85,985
Total Revenue: $1,885,291
Expenses
Programs and Program Management: $1,409,122
General and Administration: $314,331
Development: $222,706
Total Expenses: $1,946,159
Change in Net Assets from Operations: -$60,868
Other Changes
Non-operating Investment Return: $165,631
Total Changes in Net Assets: $104,763
Statement of Financial Position
Assets
Cash: $877,258
Other Current Assets: $97,327
Fixed Assets: $168,682
Long-term Investment: $2,076,338
Total Assets: $3,219,605
Liabilities
Accounts Payable: $16,189
Grants Payable: $-
Other Payables: $48,706
Total Liabilities: $64,895
Net Assets
Undesignated: $1,283,074
Board-designated Long-term Investments: $1,092,915
With Donor Restrictions: $778,721
Total Net Assets: $3,154,710
Total Liabilities and Net Assets: $3,219,605
