BRENHAM CHILDREN'S CHORUS
	STATEMENT OF CURRENT CONDITION
	As of December 31, 2005
ASSETS
	Cash and Bank Accounts
	Brenham National Bank-General Account	$29,199.37
	Guaranty Bank-Investments	41,509.09
	Guaranty -Debit Operating	2,976.48
	Less Reserves for 2005-2006 Scholarships (20)	-5,900.00
	TOTAL Cash and Bank Accounts	¯¯¯¯¯¯¯¯¯¯	$  67,784.94
	Other Assets
	Ads/Coupons Receivable	27.00
	Audio-Lighting Equipment	3,066.39
	Music Library	7,565.58
	Wardrobe-Choristers	1,179.39
	TOTAL Other Assets	¯¯¯¯¯¯¯¯¯¯¯	11,838.36
	TOTAL ASSETS		$  79,623.30
LIABILITIES
	American Express	$      258.00
	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	182.93
	Joyco	0.00
	TOTAL LIABILITIES	¯¯¯¯¯¯¯¯¯¯¯	$36,690.93
			¯¯¯¯¯¯¯¯¯¯¯
EXCESS OF ASSETS OVER LIABILITIES			$  42,932.37