SaskCulture Inc. | Summary Statement of Financial Position As at March 31, 2026
March 31, 2026
March 31, 2025
Assets Cash and short-term investments Prepaid expenses and deposits
3,184,041
2,952,369
22,896
11,861
82
GST receivable
-
3,207,019
2,964,230
Intangible Assets
117,894 63,927
121,818 43,334
Capital Assets
3,388,840
3,129,382
Liabilities Accounts payable and accruals
165,026 199,174 837,750 261,774
176,161 192,915 868,974 100,238
Due to Sask Lotteries Trust Fund – Operations
Holdbacks payable
Due to Sask Lotteries Trust Fund - Programs
-
Creative Kids
5,625
135
Deferred revenue
-
1,463,859
1,343,913
Net Assets Invested in capital and intangible assets
181,821
165,152
Unrestricted
1,743,160 1,924,981 3,388,840
1,620,317 1,785,469 3,129,382
SaskCulture Inc. | Summary Statement of Operations For the year ended March 31, 2026
March 31, 2026
March 31, 2025
Revenue Grants from Sask Lotteries Trust Fund for Sport, Culture and Recreation
9,924,287
9,912,827
-
Grants – other Self-generated
2,581
139,512
161,166
10,063,799
10,076,574
Expenses Operations
3,246,476 6,677,811 9,924,287
3,235,465 6,679,942 9,915,408
Program initiatives
Excess of revenue over expenses
139,512
161,166
Approved on behalf of the board
Director
Director
SaskCulture Inc. | Note to the Summary Financial Statements For the year ended March 31, 2026 1. Basis of the summary financial statements Management has prepared the summary financial statements from the March 31, 2026 audited financial statements, which are in conformity with the Canadian accounting standards for not-for-profit organizations. The audited financial statements can be obtained from SaskCulture Inc. The detailed notes included in the audited financial statements are not included in these summary financial statements. The criteria developed by management for the preparation of the summary financial statements is as follows: that the information included in the summary financial statements is in agreement with the related information in the complete financial statements, and that the summary financial statements contain the information necessary to avoid distorting or obscuring matters disclosed in the related complete financial statements, including the notes thereto, in all material respects.
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