Concert Singers of Cary - Balance Sheet - 03/31/2007

					Mar 31, 07
ASSETS
	Current Assets
		Checking/Savings
			100 · Cash
				100.01 · Symphonic Choir Checking	4,886.18
				100.02 · C4 Checking	4,678.45
				100.03 · Endowment Checking	12,591.44
				100.06 · Petty Cash	100.00
			Total 100 · Cash		22,256.07
		Total Checking/Savings			22,256.07
		Other Current Assets
			107.00 · Credit Card Receivables		504.00
			125 · Inventories
				125.01 · Inventories for Sale	7,024.00
			Total 125 · Inventories		7,024.00
		Total Other Current Assets			7,528.00
	Total Current Assets				29,784.07
	Fixed Assets
		130 · Fixed Assets
			130.01 · Equipment		1,545.00
			130.02 · Inventories for Use		13,629.00
			130.03 · Accumulated Depreciation		(6,088.00)
		Total 130 · Fixed Assets			9,086.00
	Total Fixed Assets				9,086.00
	Other Assets
		105 · Investments
			105.01 · Endowment Investments		84,266.28
			105.02 · Scholarship Investments		8,329.18
		Total 105 · Investments			92,595.46
	Total Other Assets				92,595.46
TOTAL ASSETS					131,465.53
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				200 · *Accounts Payable	583.40
			Total Accounts Payable		583.40
			Other Current Liabilities
				205.07 · Sales Tax Payable	58.29
			Total Other Current Liabilities		58.29
		Total Current Liabilities			641.69
	Total Liabilities				641.69
	Equity
		300 · Unrestricted Net Assets
			300.01 · Undesignated Net Assets		27,982.96
			300.04 · Board Designated - Endowment		80,738.77
		Total 300 · Unrestricted Net Assets			108,721.73
		320 · Permanently Restricted Assets
			320.01 · Scholarship		6,565.28
		Total 320 · Permanently Restricted Assets			6,565.28
		Net Income			15,536.83
	Total Equity				130,823.84
TOTAL LIABILITIES & EQUITY					131,465.53