Case Name :      Granville Symphony Orchestra

Authors :           David W. Young, Robert N. Anthony

Source :             The Crimson Group

Case ID :           TCG249

Discipline :        Accounting

Case Length :    05 pages

Solution Sample availability : YES

Plagiarism : NO (100% Original work)

 Description for case is given below :

This case provides a vehicle for discussing the presentation of a nonprofit’s financial statements. The presentation in the orchestra’s annual report is unusual. It focuses on contribution to fixed costs from operating activities, highlighting the operating deficit and how this deficit was, or was not, made up from endowment revenue and annual fund raising. The case also includes an eight-year projection in the published financial statements, which is highly unusual.