This case offers a vehicle for conversing the presentation of the financial statements of a nonprofit. The presentation in the annual report of the orchestra is not common.
It centers on contribution to fixed costs from operating activities, how this shortfall was, or was not, made up from annual fund raising and endowment revenue and highlighting the operating shortfall. The case also has an eight-year projection in the published financial statements, which is remarkably unusual.
PUBLICATION DATE: October 08, 2012 PRODUCT #: TCG249-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
