BRENHAM CHILDREN'S CHORUS
                      STATEMENT OF CURRENT CONDITION
                          As of October 31, 2005
ASSETS
Cash and Bank Accounts
Brenham National Bank-General Account $23,034.36
Guaranty Bank-Investments 41,292.23
Guaranty -Debit Operating 2,480.64
Less Reserves for 2005-2006 Scholarships (20) -5,900.00
TOTAL Cash and Bank Accounts  ŻŻŻŻŻŻŻŻŻŻ   $  60,907.23
Other Assets
Ads/Coupons Receivable 27.00
Audio-Lighting Equipment 2,280.63
Music Library 7,565.58
Wardrobe-Choristers 1,179.39
TOTAL Other Assets ŻŻŻŻŻŻŻŻŻŻŻ 11,052.60
TOTAL ASSETS  $  71,959.83
LIABILITIES
American Express  $       28.95
Provision for Concert Exp 2005-06 $15,000.00
Provision for Music Library Additions 4,000.00
Provision for Ornament Sales Special Fund 05 2,590.00
Provision for unbilled expenses 1,000.00
Provision for Wardrobe Exp 2005-2006 13,000.00
Venue Payables 660.00
Chase Visa 2,438.56
Joyco
TOTAL LIABILITIES  ŻŻŻŻŻŻŻŻŻŻŻ  $38,717.51
ŻŻŻŻŻŻŻŻŻŻŻ
EXCESS OF ASSETS OVER LIABILITIES  $  33,242.32