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Given the metrics your accountant told you are evaluated in nonprofits, you asked her to educate you on how to assess the health of a
Given the metrics your accountant told you are evaluated in nonprofits, you asked her to educate you on how to assess the health of a nonprofit. You asked her the following:
- Find and review the financial statements of any nonprofit symphony
- In a report of 500600 words, commentspecifically on the following:
- What is the major source of the change in net assets that occurred in 2007 from the change that occurred in 2008? In your opinion, is this trend likely to continue? Why/why not?
- If we assume that program expenses of the symphony should generally vary with ticket revenues, do they vary between 2007 and 2008? What could your answer indicate may be happening?
- Is investment income a significant part of total sources of revenue in 2007 or 2008? Does this indicate a major concern about the reduction in the fair market value of investments between 2007 and 2009?
- Basedonyouranalysisaboveandanyotheranalyses,commentonthefutureeconomicviabilityofthisorganization.
The answers must be based on the Utah Symphony Annual Report
All that I need help with is the bullet point having to do with the ticket revenues.
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