Combined Statement of Activities for the Year Ended December 31, 2016.
2016 Financials
| REVENUES, GAINS & OTHER SUPPORT | TOTAL UNRESTRICTED | TEMPORARILY RESTRICTED | PERMANENTLY RESTRICTED | FY2016 TOTAL | FY2015 TOTAL |
| Direct mail contributions | $44,497,922 | $- | $- | $44,497,922 | $41,501,734 |
| Individual and corporate contributions and sponsorships | 37,979,448 | 8,136,207 | - | 46,115,655 | 59,509,983 |
| Federal grants | 11,488,218 | - | - | 11,488,218 | 10,489,628 |
| Non-federal grants | 692,827 | - | - | 692,827 | 378,335 |
| Accreditation fees | 3,718,492 | - | - | 3,718,492 | 3,519,154 |
| Royalty income | 517,210 | - | - | 517,210 | 503,492 |
| Appreciation in trust assets—net | 2,650,515 | - | - | 2,650,515 | (1,129,998) |
| Other investment income—net | 244,409 | - | - | 244,409 | (38,166) |
| Other income | 1,004,285 | - | - | 1,004,285 | 1,890,258 |
| Total revenues, gains and other support | 102,793,326 | 8,136,207 | - | 110,929,533 | 116,624,420 |
| NET ASSETS RELEASED FROM RESTRICTIONS | TOTAL UNRESTRICTED | TEMPORARILY RESTRICTED | PERMANENTLY RESTRICTED | FY2016 TOTAL | FY2015 TOTAL |
| Satisfaction of program restrictions | $7,557,456 | $(7,557,456) | $- | $- | $- |
| Expiration of time restrictions | 1,419,795 | (1,419,795) | - | - | - |
| Total revenues, gaines, and other support and net assets released from restrictions | 111,770,577 | (841,044) | - | 110,929,533 | 116,624,420 |
| EXPENSES | TOTAL UNRESTRICTED | TEMPORARILY RESTRICTED | PERMANENTLY RESTRICTED | FY2016 TOTAL | FY2015 TOTAL |
| Program assistance | $70,189,303 | $- | $- | $70,189,303 | $84,236,930 |
| Public education and communications | 20,174,838 | - | - | 20,174,838 | 18,828,889 |
| Sports training and competitions | 1,833,323 | - | - | 1,833,323 | 2,919,663 |
| Fundraising | 14,232,396 | - | - | 14,232,396 | 14,612,234 |
| Management and general | 3,471,643 | - | - | 3,471,643 | 4,610,357 |
| Total expenses | 109,901,503 | - | - | 109,901,503 | 125,208,073 |
| CHANGE IN NET ASSETS | TOTAL UNRESTRICTED | TEMPORARILY RESTRICTED | PERMANENTLY RESTRICTED | FY2016 TOTAL | FY2015 TOTAL |
| Change in net assets | $1,869,074 | $(841,044) | $- | $1,028,030 | $(8,583,653) |
| Net assets (beginning of year) | 48,575,085 | 11,532,662 | 198,584 | 60,306,331 | 68,889,984 |
| Net assets (end of year) | 50,444,159 | 10,691,618 | 198,584 | 61,334,361 | 60,306,331 |
Assets & Liabilities
| Assets | 2016 | 2015 |
| Current Assets | ||
| Cash & cash equivalents | $18,102,257 | $9,607,925 |
| Contributions receivable | 3,733,282 | 2,703,383 |
| Program and other receivables—net | 4,455,074 | 4,062,937 |
| Prepaid expenses | 1,443,965 | 1,296,876 |
| Other assets | 378,811 | 383,778 |
| Total current assets | 28,113,389 | 18,054,899 |
| NON-CURRENT ASSETS | ||
| Permanently restricted cash | 198,584 | 198,584 |
| Other investments | 2,268,256 | 2,297,277 |
| Economic beneficial interest in Trust | 46,887,043 | 49,132,235 |
| Long-term contributions receivable—net | 926,000 | 378,000 |
| Fixed assets—net | 1,387,013 | 1,297,209 |
| Other assets | 671,989 | 459,566 |
| Total non-current assets | 52,338,885 | 53,762,871 |
| TOTAL | 80,452,274 | 71,817,770 |
| Liabilities & Net Assets | 2016 | 2015 |
| Current Liabilities | ||
| Accounts payable & accrued liabilities | $7,077,831 | $7,487,139 |
| Grants & awards payable to affiliates | 5,217,887 | 2,832,096 |
| Deferred revenue & refundable advances | 6,162,649 | 468,994 |
| Deferred rent | 100,819 | 63,664 |
| Total current liabilities | 18,559,186 | 10,851,893 |
| Non-Current Liabilities | ||
| Long-term deferred rent | 558,727 | 659,546 |
| Total liabilities | 19,117,913 | 11,511,439 |
| Net Assets | ||
| Unrestricted | 50,444,159 | 48,575,085 |
| Temporarily restricted | 10,691,618 | 11,532,662 |
| Permanently restricted | 198,584 | 198,584 |
| Total net assets | 61,334,361 | 60,306,331 |
| TOTAL | 80,452,274 | 71,817,770 |
Special Olympics' complete 2016 audited financials and IRS Form 990 are available at www.specialolympics.org