BRENHAM CHILDREN'S CHORUS
	STATEMENT OF CURRENT CONDITION
	As of June 30, 2007
ASSETS
	Cash and Bank Accounts
	Brenham National Bank-General Account	3,359.32
	Cash on Hand	270.00
	Guaranty Bank-Investments	29,007.11
	Guaranty-Debit	3,480.97
	Guaranty Bank - CD 4-20-07	15,000.00
	Total Checking/Savings	51,117.40
	Total Current Assets	51,117.40
	Other Assets
	Audio-Lighting Equipment	5,165.35
	Music Library	13,602.31
	Wardrobe-Choristers	1,179.39
	TOTAL Other Assets	19,947.05										5,165.35
	TOTAL ASSETS		$71,064.45									13,602.31
												1,179.39
	LIABILITIES & EQUITY											19,947.05
LIABILITIES												19,947.05
	Current Liabilities
	Accounts Payable
	200000-*Accounts Payable	4,657.29
	Total Accounts Payable	4,657.29
	Other Current Liabilities
	Provision for Concert Exp & Travel	22,000.00
	Provision for Music Library Add	3,830.00
	Provision for Ornament Sales Sp	4,447.61
	Provision for unbilled expenses	1,000.00
	Provision for Wardrobe Exp next	10,000.00
	Venue Payables-Future Concerts	660.00
	Visa Card	682.93
	Total Other Current Liabilities	42,620.54
Notes:	Total Liabilities		47,277.83
	EQUITY
	Net Worth	14,732.97
	4000-Opening Balance Equity	-12,476.34
	4200-Retained Earnings	24,225.99
	Net Income	-2,696.00
			23,786.62
	TOTAL LIABILITIES & EQUITY		71,064.45