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                          BRENHAM CHILDREN'S CHORUS
                      STATEMENT OF CURRENT CONDITION
                            Fiscal Year Ending May 31, 2006
ASSETS
Cash and Bank Accounts
Brenham National Bank-General Account $23,214.27
Guaranty Bank-Investments 41,821.93
Guaranty -Debit Operating 2,524.39
Less Reserves for 2005-2006 Scholarships (20) -5,900.00
TOTAL Cash and Bank Accounts  ŻŻŻŻŻŻŻŻŻŻ   $  61,660.59
Cash Accounts
Cash On Hand  $            -  
TOTAL Cash Accounts  $            -  
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 ŻŻŻŻŻŻŻŻŻŻŻ 12,146.54
TOTAL ASSETS  $  73,807.13
LIABILITIES
American Express  $            -  
Provision for Concert Exp 2005-06 $15,000.00
Provision for Music Library Additions 3,830.00
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  ŻŻŻŻŻŻŻŻŻŻŻ  $36,262.93
ŻŻŻŻŻŻŻŻŻŻŻ
EXCESS OF ASSETS OVER LIABILITIES  $  37,544.20