Business, 23.08.2021 18:40 XxXisaiahXxX

As of December 31, 2018, The Halifax Fishing Museum, a private not-for-profit organization, had unrestricted cash of $52,000, building and land with a net book value of $145,000, and permanently restricted collections totaling $ 105,000. There were no liabilities. The Museum has two programs: Operation of a Fishing Museum and Educational Programs. During the year ended December 31, 2019 the Museum incurred the following transactions: Cash contributions to the Museum included (a) unrestricted $ 512,000, (mb) restricted by the donor for educational programs, $ 37,000 and (c) restricted by the donor for endowment purposes, $120,000. Additional unrestricted cash receipts included $ 29,000 in fees from individuals and organizations using the Museum building as a meeting facility. Included in this is $ 3,000 for a meeting to be held in January 2020. Incurred cash expenses:

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As of December 31, 2018, The Halifax Fishing Museum, a private not-for-profit organization, had unre...

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