Assets
| CURRENT ASSETS | |
| Cash and cash equivalents | $6,214,047 |
| Accounts receivable | $56,717 |
| Refunds receivable | $197,924 |
| State tax receivable | $159,023 |
| Grants receivable | $41,030 |
| Other receivables | $45,953 |
| Inventory | $36,110 |
| Prepaid expenses | $259,889 |
| Total current assets | $7,010,693 |
| PROPERTY AND EQUIPMENT - net | $3,041,154 |
| OTHER ASSETS | |
| Deposits | $89,222 |
| Goodwill | $4,320,295 |
| Total assets | $14,372,132 |
Liabilities and Net Assets
| CURRENT LIABILITIES | |
| Accounts payable and accrued expenses | $2,498,355 |
| Notes payable - current portion | $500,000 |
| Total current liabilities | $2,998,355 |
| OTHER LIABILITIES | |
| Notes payable | $1,401,000 |
| Deferred rent | $270,776 |
| Total other liabilities | 1,671,776 |
| COMMITMENTS | 0 |
| NET ASSETS | |
| Unrestricted | $9,560,410 |
| Temporarily restricted | $141,591 |
| Total liabilities and net assets | $14,372,132 |
Consolidated Statement of Activities
Year ended December 31, 2014
| REVENUES AND SUPPORT | Unrestricted | Temporarily Restricted | Total |
| Burning Man annual event | $31,459,816 | - | $31,459,816 |
| Contributions, gifts and grants | $897,955 | $131,910 | 1,029,865 |
| Contribution of Black Rock Arts Foundation | $214,986 | $51,260 | $266,246 |
| Other program revenue | $20,443 | - | $20,433 |
| Fundraising events - (net of direct expenses of $263,717) | $180,913 | - | $180,913 |
| Interest Income | $10,529 | - | $10,529 |
| Other Income | $94,654 | - | $94,654 |
| $32,879,296 | $183,170 | $33,062,466 | |
| Net assets released from restrictions | $176,780 | ($176,780) | - |
| Total revenues and support | $33,056,076 | $6,390 | $33,062,466 |
| EXPENDITURES | |||
| Program Expenses | $25,764,708 | - | $25,764,708 |
| Management and general | $4,766,707 | - | $4,766,707 |
| Fundraising | $115,149 | - | $115,149 |
| Total Expenditures | $30,646,564 | - | $30,646,564 |
| CHANGE IN NET ASSETS | $2,409,512 | $6,390 | $2,415,902 |
| Net assets - beginning of year | $7,150,898 | $135,201 | $7,286,099 |
| Net assets - end of year | $9,560,410 | $141,591 | $9,702,001 |