BRENHAM CHILDREN'S CHORUS
	STATEMENT OF CURRENT CONDITION
	As of January 31, 2006
ASSETS
	Cash and Bank Accounts
	Brenham National Bank-General Account	$28,051.49
	Guaranty Bank-Investments	41,521.77
	Guaranty -Debit Operating	2,916.02
	Less Reserves for 2005-2006 Scholarships (20)	-5,900.00
	TOTAL Cash and Bank Accounts	¯¯¯¯¯¯¯¯¯¯	$  66,589.28
	Other Assets
	Ads/Coupons Receivable	27.00
	Audio-Lighting Equipment	3,323.07
	Music Library	7,617.08
	Wardrobe-Choristers	1,179.39
	TOTAL Other Assets	¯¯¯¯¯¯¯¯¯¯¯	12,146.54
	TOTAL ASSETS		$  78,735.82
LIABILITIES
	American Express	$            -
	Provision for Concert Exp 2005-06	$15,000.00
	Provision for Music Library Additions	3,910.00
	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	¯¯¯¯¯¯¯¯¯¯¯	$36,342.93
			¯¯¯¯¯¯¯¯¯¯¯
EXCESS OF ASSETS OVER LIABILITIES			$  42,392.89