BRENHAM CHILDREN'S CHORUS
                      STATEMENT OF CURRENT CONDITION
                          As of August 31, 2005
ASSETS
Cash and Bank Accounts
Brenham National Bank-General Account $23,706.64
Guaranty Bank-Investments 41,137.29
Guaranty -Debit Operating 2,129.39
Less Reserves for 2005-2006 Scholarships (20) -5,900.00
TOTAL Cash and Bank Accounts  ŻŻŻŻŻŻŻŻŻŻ   $  61,073.32
Other Assets
Ads/Coupons Receivable 52.00
Music Library 4,513.06
Wardrobe-Choristers 1,179.39
TOTAL Other Assets ŻŻŻŻŻŻŻŻŻŻŻ 5,744.45
TOTAL ASSETS  $  66,817.77
LIABILITIES
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
American Express 28.95
Chase Visa
Joyco
TOTAL LIABILITIES  ŻŻŻŻŻŻŻŻŻŻŻ  $36,278.95
ŻŻŻŻŻŻŻŻŻŻŻ
EXCESS OF ASSETS OVER LIABILITIES  $  30,538.82