STATEMENT OF FINANCIAL POSITION AS O F DEC EMBER 31 20 13 20 14 20 15 20 16 2 017 ASSETS Cash and Investments $11,135,811 $14,186,728 $14,897,992 $17,022,964 $22,546,267 Receivables 834,542 830,607 813,679 3,071,706 1,291,473 Works of art and literature on public display 292,666 241,691 344,916 219,491 236,291 Other assets 809,572 954,709 901,828 1,038,123 902,296 Total Assets $13,072,591 $16,213,735 $16,958,415 $21,352,284 $24,976,327 ­ LIABILITIES Grants and accounts payable $2,232,457 $3,596,011 $5,177,262 $6,866,435 $9,332,817 Accrued liabilities 210,550 123,749 115,304 184,752 217,516 Deferred revenue 72,455 278,526 60,800 189,370 101,910 Total Liabilities $2,515,462 $3,998,286 $5,353,366 $7,240,557 $9,652,243 Total Net Assets $10,557,129 $12,215,449 $11,605,049 $14,111,727 $15,324,084 Total Liabilities and Net Assets $13,072,591 $16,213,735 $16,958,415 $21,352,284 $24,976,327 STATEMENT OF ACTIVITIES Y E ARS E ND E D D E CE M BE R 31 20 17 2016 REVENUES, SUPPORT, OTHER CONTRIBUTIONS $38,336,118 $25,363,968 Contributions $24,707,610 $9,936,185 Fundraising events $11,262,165 $11,473,383 Less: fundraising event expenses $(4,118,326) $(3,700,710) Fundraising events, net of direct costs $7,143,839 $7,772,673 Other income $75,096 $119,515 Net Unrestricted Revenues & Support $31,926,545 $17,828,373 Investment Income and Foreign Exchange $1,762,482 $354,494 Other Contributions Contributions of art and literary collections $16,800 $48,250 Changes in Temporary Restricted Net Assets-Contributions $511,965 $1,047,103 Changes in Permanently Restricted Net Assets-Endowment Contributions — $2,385,038 Total Other Contributions $2,291,247 $3,834,885 Net Revenues, Support, Other Contributions $34,217,792 $21,663,258 GRANTS AND PROGRAM SERVICES Grant awards $27,232,325 $13,403,283 Other program services $2,244,586 $2,356,535 Total Grants and Program Services $29,476,911 $15,759,818 SUPPORTING SERVICES General Administration $1,789,120 $1,749,065 Fundraising $1,739,405 $1,647,697 Total Supporting Services $3,528,525 $3,396,762 Grant Thornton, LLP, performed the 2013 — 2017 audits for The American Ire- land Fund. To review our audited financial statements and IRS Forms 990, please visit www.irelandfunds.org 7