238 ANNUAL REPORT SMITHSONIAN INSTITUTION, 1963 



AUDIT 



Decemler 4, 1963 

 Washington, D.C. 



To The Board of Trustees of 

 The National Cultural Center 

 Washington, D.C. 



Gentlemen : 



We have examined the books and recorcls of THE NATIONAL CULTURAL 

 CENTER for the period July 1, 19G3, through November 30, 1963, and submit our 

 report herewith as follows : 



Exhibit A— Balance Sheet as of November 30, 1963. 



Exhibit B — Statement of Income, Expenses, and Fund Balance for the 



Month of November 1963 and the Five Months Ended November 30, 1963. 



Exhibit C — Statement of Income, Exj^enses, and Fund Balance for the 



Period from Inception April 1, 1959 through November 30, 1963. 

 Exhibit D — Analysis of Cash in Banks for the Period from Inception April 1, 



1959 through November 30, 1963. 

 Schedule 1 — Schedule of Time Deposits. 



Schedule 2 — Public Relations and Fund Raising Fees for the Period from 

 Inception April 1, 1959 through November 30, 1963. 



Our examination was made in accordance with generally accepted auditing 

 standards and accordingly included such tests of the accounting records and 

 such other auditing procedures as we considered necessary in the circumstances. 



In our opinion the accompanying report presents fairly the financial position of 

 THE NATIONAL CULTURAL CENTER at November 30, 1963 and the results 

 of its operation for the period then ended in conformity with generally accepted 

 accounting principles. 



Respectfully submitted, 



(S) John J. Addabbo 

 Certified PuMic Accountant 



