Hancock County Childrens Choir Ltd.

“Other Assets: Beginning of Year $3,875: $2,999 ($1,500 deposit for 2018-19 video and $1,499 insurance premiums for 2018-19); Grants Receivable $825; Tuition and Registration Receivable $51. Other Assets: End of Year $3,058: Grants Receivable $1,337; prepaid insurance premiums $1,721.”

“Total Liabilities: Beginning of Year $11,,652: $258 Student Travel Account; $2,845 Payroll Liabilities; $8,549 Unearned or Deferred Revenue (Grants received in 2017-18 to be used in 2018-19). Total Liabilities: End of Year $4,897: $258 Student Travel Account; $2,139 Payroll Liabilities; $2,500 Unearned or Deferred Revenue (Grants received in 2018-19 to be used in 2019-20).”

“Other Expenses $53,763 includes: education performance supplies $20,022; small equipment $5821; financial assistance $12,885; student meals/snacks $3073; performance meals $2,976; online registration and transaction fees $3404; end of year awards banquet $1563; meeting and conference $582; insurance $1724; advertising $768; community/staff development $945.”

“$3,028 was given by a donor in a previous year with the restriction of starting an endowment with the funds. During 2018-19, HCCC started an endowment fund with the Hancock County Community Foundation, 312 E Main Street, Greenwood, IN 46140. The Hancock County Community Foundation has sole ownership of the funds. Therefore, net assets for HCCC was reduced by $3,028.”