2023-Annual-Report-052223-Digital-FINAL-Updated-Single-Pages - Flipbook - Page 94
Liabilities and Net Assets
Designations Payable
2022
2021
$ 1.99M
$ 1.67M
3.84M
6.14M
0.26M
0.35M
31.49M
21.05M
3.84M
4.19M
0.00M
0.62M
37.40M
24.16M
$65.11M
$71.88M
Allocations Payable
Accounts Payable and Accrued Expenses
Operating Lease Liabilities
Net Pension Liability
Net Assets - Without Restriction*
Net Assets - With Restriction
TOTAL LIABILITIES AND NET ASSETS
*Contains the $20M unrestricted grant awarded by MacKenzie Scott. Investment of these dollars
was approved by the Board of Directors in April 2022. Spending will occur in 2022 and subsequent years.
Use of Funds
Programs/
Community Investment Funding
2022
2021
$ 12.05M
$ 11.89M
3%
26.22M
3.55M
1.50M
2.24M
18.76M
3.44M
Total Expenses
$45.58M
$37.78M
Total Expenses,
Net of Donor Designations
$42.02M
$34.34M
Grants
Donor Designations
Management & General
Fundraising & Marketing
1.56M
2.13M
26%
58%
2022
8%
5%5%
91
