| Dec 31, 03 | Dec 31, 04 | Dec 31, 05 | Dec 31, 06 | ||||||||||
| ASSETS | |||||||||||||
| Current Assets | |||||||||||||
| Checking/Savings | |||||||||||||
| Unrestricted Funds | 34,306.15 | 68,490.02 | 95,362.73 | 79,693.84 | |||||||||
| Restricted Funds | 114,908.18 | 116,183.33 | 119,679.74 | 125,524.05 | |||||||||
| Total Checking/Savings | 149,214.33 | 184,673.35 | 215,042.47 | 205,217.89 | |||||||||
| Accounts Receivable | |||||||||||||
| Accounts Receivable | 0.00 | 823.00 | 7,777.50 | 7,906.08 | |||||||||
| Total Accounts Receivable | 0.00 | 823.00 | 7,777.50 | 7,906.08 | |||||||||
| Other Current Assets | |||||||||||||
| Overpayments | 216.00 | 0.00 | 0.00 | 0.00 | |||||||||
| Sprint Deposit | 750.00 | 0.00 | 0.00 | 0.00 | |||||||||
| Prepaid Festival Expenses | 3,050.00 | 575.57 | 0.00 | 0.00 | |||||||||
| Inventory | 13,853.00 | 1,849.00 | 2,201.00 | 7,143.14 | |||||||||
| Prepaid Insurance | 0.00 | 417.65 | 0.00 | 0.00 | |||||||||
| Corporate Registration Fees | 0.00 | 137.48 | 0.00 | 0.00 | |||||||||
| Undeposited Funds | 0.00 | 2,608.00 | 512.50 | 2,495.00 | |||||||||
| Total Other Current Assets | 17,869.00 | 5,587.70 | 2,713.50 | 9,638.14 | |||||||||
| Total Current Assets | 167,083.33 | 191,084.05 | 225,533.47 | 222,762.11 | |||||||||
| Fixed Assets | |||||||||||||
| Computer Software | 0.00 | 419.95 | 139.97 | 0.00 | |||||||||
| Computer Hardware | 0.00 | 0.00 | 0.00 | 663.60 | |||||||||
| Total Fixed Assets | 0.00 | 419.95 | 139.97 | 663.60 | |||||||||
| TOTAL ASSETS | 167,083.33 | 191,504.00 | 225,673.44 | 223,425.71 | |||||||||
| LIABILITIES & EQUITY | |||||||||||||
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | |||||||||||||
| Accounts Payable | 854.56 | 784.50 | 0.00 | 5,315.34 | |||||||||
| Total Accounts Payable | 854.56 | 784.50 | 0.00 | 5,315.34 | |||||||||
| Credit Cards | |||||||||||||
| American Express Payable | 0.00 | 144.34 | 5,537.63 | 0.00 | |||||||||
| Total Credit Cards | 0.00 | 144.34 | 5,537.63 | 0.00 | |||||||||
| Other Current Liabilities | |||||||||||||
| Misc Payables | 0.00 | 0.00 | 114.00 | 0.00 | |||||||||
| Unearned Festival Income | 157.00 | 87.16 | 0.00 | 0.00 | |||||||||
| Total Other Current Liabilities | 157.00 | 87.16 | 114.00 | 0.00 | |||||||||
| Total Current Liabilities | 1,011.56 | 1,016.00 | 5,651.63 | 5,315.34 | |||||||||
| Long Term Liabilities | |||||||||||||
| Unearned Membership Income | 1,305.00 | 0.00 | 3,039.00 | 2,899.00 | |||||||||
| Total Long Term Liabilities | 1,305.00 | 0.00 | 3,039.00 | 2,899.00 | |||||||||
| Total Liabilities | 2,316.56 | 1,016.00 | 8,690.63 | 8,214.34 | |||||||||
| Equity | |||||||||||||
| Opening Bal Equity | 167,129.03 | 152,571.26 | 152,571.26 | 152,571.26 | |||||||||
| Retained Earnings | 0.00 | -2,362.26 | 37,916.74 | 64,411.55 | |||||||||
| Net Income | -2,362.26 | 40,279.00 | 26,494.81 | -1,771.44 | |||||||||
| Total Equity | 164,766.77 | 190,488.00 | 216,982.81 | 215,211.37 | |||||||||
| TOTAL LIABILITIES & EQUITY | 167,083.33 | 191,504.00 | 225,673.44 | 223,425.71 | |||||||||