Wyoming State Bar Financial Statements

• Citation: Vol. 49 No. 1 Pg. 26
• Year: 2026
• Pages: 26

Wyoming State Bar Financial Statements Vol. 49 No. 1 Pg. 26 Wyoming Bar Journal February, 2026

In accordance with Article XIII, Section 3 of the Bylaws of the Wyoming State Bar, published here are the Bar's FY 2024/2025 financial statements. Anyone wishing to see the full audit report including the notes to the financial statements should contact Sharon Wilkinson, Executive Director, at (307) 432-2102 or by email at swilkinson@wyomingbar.org.

WYOMING STATE BAR

BALANCE SHEETS

September 30, 2025 and 2024

2025	2024
ASSETS AND DEFERRED OUTFLOWS OF RESOURCES
Current Assets
Cash and cash equivalents (Note 2)	$ 771,189	$ 1,009.957
Accounts receivable, current	17,667	14.916
Inventory	694	174
Prepaid expenses	6,272	8.267
Total current assets	795,822	1.033.314
Noncurrent Assets
Investments (Note 2)	2,055,092	1,735,112
Property and equipment, net, and right-of-use
assets (Notes 3 and 5)	777,909	800.362
Total noncurrent assets	2,833,001	2,535.474
Total assets	3,628,823	3,568.788
Deferred Outflows of Resources
Pension-related outflows (Note 7)	114,109	126,778
Total assets and deferred outflows of resources	$ 3,742,932	$ 3.695.566

2025	2024
LIABILITIES, DEFERRED INFLOWS OF RESOURCES,
AND NET POSITION
Current Liabilities
Accounts payable	$ 5,574	$ 119,356
Accrued compensated absences (Note 1)	9,673	9,573
Lease liabilities, current (Note 5)	10,935	10,488
Total current liabilities	26,182	139,417
Noncurrent Liabilities
Accrued compensated absences (Note 1)	125,624	126,816
Lease liabilities, noncurrent (Note 5)	20,241	19,363
Net pension liability (Note 7)	621,568	719,800
Total noncurrent liabilities	767,433	865,979
Total liabilities	793,615	1,005,396
Deferred Inflows of Resources
Pension-related inflows (Note 7)	110,888	29,087
Total liabilities and defen ed inflows of resources	904,503	1,034,483
Commitments and Contingencies (Notes 4 and 5)
Net Position (Note 8)
Net investment in capital assets	746,733	770,511
Restricted, expendable for promotion of pro bono	6,942	10,180
Unrestricted (including Board-committed amounts:
2025 $197,219; 2024 $197,369)	2,084,754	1,880,392
Total net position	2,838,429	2,661,083
Total liabilities, defended inflows of resources, and
net position	$ 3,742,932	$ 3,695,566

2025	2024
Operating Revenues
General, primarily membership dues	$ 1,396,096	$ 1,345,642
Communications	81,723	87,707
Annual Meeting	276,116	203,614
Other fees, primarily CLE, BLE, and LRS	273,433	280,730
Board of Professional Responsibility	15,299	12,775
Client Protection Fund reimbursement	13,535	19,193
Total operating revenues	2,056,202	1,949,661
Operating Expenses
Annual Meeting	159,093	191,519
Board of Professional Responsibility	7,468	2,087
Boards and committees	52,188	53,606
Client Protection Fund claims paid	8,875	1,944...