Treasurer's Report
SOUTH FLORIDA MUSICIANS ASSOCIATION, LOCAL 655
FOR THE TWELVE MONTHS ENDING DECEMBER 31, 1997
REVENUE, EXPENSE, AND CHANGES IN FUND BALANCE
REVENUE
- Annual Dues $112811
- Work Dues 47979
- Fees and Charges 5542
- Misc. (including direct advertising). 13521
- TOTAL $179853
EXPENSE
- Per Capita Dues $28449
- Federation Work Dues 7983
- Life Insurance 19810
- Salaries 46728
- Payroll taxes (including Pension) 8748
- Occupancy 20966
- Office Expenses 27556
- Publications (printing and mailing) 5225
- TOTAL $177086
Excess (deficiency) of Revenue over Expense $2767
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss) $2767
Depreciation 1066
Deposits (655)
Net cash provided (used) by operating activities (1760)
Cash at beginning of Year $7800
Cash at end of Year $6040
BALANCE SHEET
CURRENT ASSETS
- Cash $6040
- Accounts Receivable 446
- Prepaid Expenses 2320
- Depreciation, Equipment 9101
- Deposits 2895
- Total Assets $20802
CURRENT LIABILITIES
- Accounts Payable $11659
- Funds in Escrow 0
- TOTAL LIABILITIES 11659
Fund Balances 9143
TOTAL LIABILITIES AND FUND BALANCES $20802Write reply
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