According to the 2016 Theater Facts Report, only about half of the 131 “trend” theaters had positive net assets for the period 2012-2016. How do ART’s balance sheet and net assets compare to other large theaters in the analysis? Discuss whether ART has adequate working capital to avoid borrowing for operations. As a group the theaters had 52% earned income and 48% contributions. Based on ART’s 990s, website, and any other information you can locate, how do ART’s finances compare with its peers?
According to the 2016 Theater Facts Report, only about half of the 131 “trend” theaters had positive net assets for the period 2012-2016. How do ART’s balance sheet and net assets compare to other large theaters in the analysis? Discuss whether ART has adequate working capital to avoid borrowing for operations. As a group the theaters had 52% earned income and 48% contributions. Based on ART’s 990s, website, and any other information you can locate, how do ART’s finances compare with its peers?
