| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 1985-04-01 | 8,000 | 8,000 | SL | 19.000000000000 | 0 | 0 | 0 | |
| IMPROVEMENTS | 1994-04-01 | 140,278 | 140,278 | SL | 19.000000000000 | 0 | 0 | 0 | |
| IMPROVEMENTS | 1998-04-01 | 13,213 | 5,085 | SL | 39.000000000000 | 339 | 0 | 339 | |
| IMPROVEMENTS | 1999-04-01 | 17,269 | 6,423 | SL | 39.000000000000 | 443 | 0 | 443 | |
| IMPROVEMENTS | 2002-04-01 | 12,489 | 3,642 | SL | 39.000000000000 | 320 | 0 | 320 | |
| IMPROVEMENTS | 2002-10-01 | 10,274 | 2,762 | SL | 39.000000000000 | 263 | 0 | 263 | |
| TRUCK | 2001-10-01 | 16,000 | 16,000 | SL | 3.000000000000 | 0 | 0 | 0 | |
| IMPROVEMENTS | 2003-10-01 | 23,309 | 5,681 | SL | 39.000000000000 | 598 | 0 | 598 | |
| IMPROVEMENTS | 2004-06-30 | 2,500 | 560 | SL | 39.000000000000 | 64 | 0 | 64 | |
| PICK UP TRUCK | 2007-06-04 | 21,870 | 21,870 | SL | 5.000000000000 | 0 | 0 | 0 | |
| IMPROVEMENTS | 2008-07-12 | 480 | 57 | SL | 39.000000000000 | 12 | 0 | 12 | |
| IMPROVEMENTS | 2009-07-13 | 2,000 | 189 | SL | 39.000000000000 | 51 | 0 | 51 | |
| IMPROVEMENTS | 2012-06-30 | 4,330 | 88 | SL | 39.000000000000 | 111 | 0 | 111 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 8,000 | 8,000 | 0 | |
| IMPROVEMENTS | 140,278 | 140,278 | 0 | |
| IMPROVEMENTS | 13,213 | 5,424 | 7,789 | |
| IMPROVEMENTS | 17,269 | 6,866 | 10,403 | |
| IMPROVEMENTS | 12,489 | 3,962 | 8,527 | |
| IMPROVEMENTS | 10,274 | 3,025 | 7,249 | |
| TRUCK | 16,000 | 16,000 | 0 | |
| IMPROVEMENTS | 23,309 | 6,279 | 17,030 | |
| IMPROVEMENTS | 2,500 | 624 | 1,876 | |
| PICK UP TRUCK | 21,870 | 21,870 | 0 | |
| IMPROVEMENTS | 480 | 69 | 411 | |
| IMPROVEMENTS | 2,000 | 240 | 1,760 | |
| IMPROVEMENTS | 4,330 | 199 | 4,131 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ARCHITECTURAL AND ART WORKS EXHIBITED IN MUSEUMS | 831,662 | 865,555 | 865,555 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 5,522 | 0 | 0 | 5,522 |
| TELEPHONE & UTILITIES | 955 | 48 | 48 | 859 |
| RESEARCH | 198 | 0 | 0 | 198 |
| NYS LAW DEPARTMENT FEE | 100 | 0 | 0 | 100 |
| OFFICE SUPPLIES | 954 | 48 | 48 | 858 |
| REPAIRS AND MAINTENANCE | 150 | 0 | 0 | 150 |
| DUES & SUBSCRIPTIONS | 456 | 0 | 0 | 456 |
| PHOTOGRAPHY | 7,179 | 0 | 0 | 7,179 |
| Name | Address |
|---|---|
| MARILYNN KARP |
380 WEST BROADWAY NEW YORK,NY10012 |