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Brooklyn Botanic Garden 2006 Annual Report

Statement of Financial Position as of June 30, 2006

Financial statements for 2006 were audited by independent public accountants Condon, O'Meara, McGinty 7 Donnelly LLP. A summary of the financial statements follows. A copy of their complete report with financial statements and related notes is available upon request from the Garden.

Assets

Asset	Amount
Cash and cash equivalents	$37,171
Investments at market value	29,946,136
Trusts held by third parties	2,325,318
Accounts receivable	670,318
Pledges and grants receivable	1,161,579
Inventory	237,862
Prepaid expenses	81,873
Property and equipment, net	12,230,331
Total assets	$46,690,588

Liabilities and Net Assets

Liabilities	Amount
Accounts payable and accrued expenses	$1,976,864
Postretirement benefits	3,673,406
Deferred support	24,900
Total liabilities	5,675,170
Net Assets
Unrestricted	36,979,910
Temporarily restricted	475,642
Permanently restricted	3,559,866
Total net assets	41,015,418
Total liabilities and net assets	$46,690,588

Sources of Income

Source	Percentage
Contributions and Membership	35%
City, State, and Federal	31%
Investment Income	10%
Admissions	5%
Other Earned Income	19%

Uses of Income