Cherokee County Historical Society
Balance Sheet: December 31, 2000

Assets:

            Current Assets

                        Cash                                        $117,522.86

                        Marketable Securities                  25,750.00

                        Inventories

                        (Publications for Sale)                 38,509.00

                                    Subtotal                                                                       $181,781.86

            Collections                                                                                                2,000.00

            Office Equipment & Furniture                                                                7,500.00

            Fixed Assets

            (Crescent Farm Historical Center)                                                 250,000.00

                                    Total Assets                                                              $441,281.86

Liabilities:

            Current Liabilities                                                                                  $            0.00

Equity                                                                                                               $441,281.86

Total Liabilities & Equity                                                                                   $441,281.86

Income Statement

12 months ending December 31,2000

Income:

            Earned Income:

            Memberships                                        $8,665.00

            Sales                                                      8,035.00

            Admissions (Banquet)                                   2,205.00

            Facility Use                                            1,250.00

                        Subtotal                                                           $20,173.00

Contributions (Events)                                                      3,254.21

Georgia Humanities Grant                                                        1,000.00

Interest                                                                                         2,443.56

                                    Total Income                                     $26,870.77

Expenses:

            Administration

                        Consultant: Office & Archives Org.            $4,028.42

                        Website Consultant & Design                1,500.00

                        Newsletter Compilation                    2,079.97

                                                Subtotal                                               $ 7,608.39

            Office Expense                                                                          2,710.71

            Facility Maintenance                                                                    3,841.94

            Reprinted Publications & Maps for Sale                                 6,723.83

            Events                                                                                         5,288.28

            Brochures                                                                                      618.60

            Historic Preservation Awards Plaques                                          579.80

            Historic Sites                                                                                   250.00

            Dues & Subscriptions                                                                      375.00

            Publicity                                                                                        950.54

                                                Total Expenses                                  $28,947.09

                                    Net Loss                                                     ($2,076.32)