BRENHAM CHILDREN'S CHORUS
	STATEMENT OF CONDITION
	May 31, 2004 (Year End)
ASSETS
	Cash and Bank Accounts
	Brenham National Bank-General Account	30,234.77
	Guaranty Bank-Investments	30,254.86
	Less Reserves for 2004-2005 Scholarships	-12,895.00
	TOTAL Cash and Bank Accounts	47,594.63
	Other Assets
	Accounts Receivable-Misc.	74.06
	Music Library	1,261.82
	Wardrobe-Choristers	1,179.39
	TOTAL Other Assets	2,515.27
TOTAL ASSETS		50,109.90
LIABILITIES & AVAILABLE RESOURCES
	LIABILITIES
	American Express	939.14
	Chase Visa	197.45
	Provision for Concert Exp 2004-05	15,000.00
	Provision for Music Library Additions	4,000.00
	Provision for Ornament Sales Sp Fund	2,590.00
	Provision for unbilled expenses	1,000.00
	Provision for Wardrobe Exp next year	13,000.00
	TOTAL Other Liabilities	36,726.59
	Funds Necessary for Professional Staff and	13,090.00
	Administrative Costs
	TOTAL LIABILITIES & AVAILABLE RESOURCES	50,109.90