| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| CLOUD DESIGN | 2001-05-01 | 56,498 | 47,715 | 180.000000000000 | 3,767 | 0 | 3,767 | 51,482 |
| 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 | 2000-09-01 | 1,887,500 | 645,293 | SL | 39.000000000000 | 26,215 | 0 | 26,215 | |
| BUILDING IMPROVEMENTS | 2000-06-01 | 386,311 | 134,543 | SL | 39.000000000000 | 5,365 | 0 | 5,365 | |
| FURNITURE & FIXTURES | 2000-06-01 | 43,035 | 43,035 | SL | 7.000000000000 | 0 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2001-05-01 | 90,690 | 29,353 | SL | 39.000000000000 | 1,260 | 0 | 1,260 | |
| BUILDING ARCHITECTURAL & PROFESSIONAL FEES | 2001-05-01 | 74,686 | 24,177 | SL | 39.000000000000 | 1,037 | 0 | 1,037 | |
| FURNITURE & FIXTURES | 2001-05-01 | 32,036 | 32,036 | SL | 7.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2001-10-19 | 1,290 | 1,290 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| SIGNS | 2001-05-01 | 12,455 | 12,455 | SL | 7.000000000000 | 0 | 0 | 0 | |
| TELEPHONE SYSTEM | 2001-12-31 | 2,377 | 2,377 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| EXTERIOR PERMANENT SIGN | 2002-04-25 | 791 | 791 | SL | 7.000000000000 | 0 | 0 | 0 | |
| INTERCOM | 2004-06-02 | 1,393 | 1,393 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| ELEVATOR REPAIRS | 2004-10-06 | 24,568 | 5,801 | SL | 39.000000000000 | 341 | 0 | 341 | |
| SKYLIGHT REPAIRS | 2004-10-15 | 2,970 | 700 | SL | 39.000000000000 | 41 | 0 | 41 | |
| AV EQUIPMENT | 2003-12-08 | 4,801 | 4,801 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| ELEVATOR DRIVE | 2004-11-20 | 4,503 | 4,503 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| STORAGE SYSTEM & TABLES | 2005-02-17 | 25,947 | 25,947 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| STEEL WALL | 2005-04-21 | 1,259 | 278 | SL | 39.000000000000 | 17 | 0 | 17 | |
| AUDIO SYSTEM | 2004-12-14 | 5,766 | 5,766 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| FILM PROJECTOR | 2005-02-17 | 2,887 | 2,887 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| TRACK LIGHTING | 2005-10-19 | 1,400 | 1,400 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| STAGE, TV, ART TABLE | 2005-11-18 | 1,480 | 1,390 | SL | 7.000000000000 | 0 | 0 | 0 | |
| 3RD & 4TH FLOOR STORAGE & TABLES | 2005-11-09 | 4,000 | 3,760 | SL | 7.000000000000 | 0 | 0 | 0 | |
| 4TH FLOOR STOOLS | 2005-12-02 | 338 | 316 | SL | 7.000000000000 | 0 | 0 | 0 | |
| 20 CHAIRS | 2005-12-07 | 2,042 | 1,922 | SL | 7.000000000000 | 0 | 0 | 0 | |
| MEDIA ROOM COMPUTERS | 2006-06-07 | 13,041 | 13,041 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2006-06-09 | 210 | 210 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2006-09-18 | 1,302 | 1,302 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| MEDIA ROOM SCANNER | 2006-10-13 | 664 | 664 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER SERVER | 2005-12-07 | 1,690 | 1,690 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2006-02-27 | 1,180 | 1,180 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| ELEVATOR IMPROVEMENTS | 2007-08-01 | 46,195 | 7,548 | SL | 39.000000000000 | 642 | 0 | 642 | |
| FURNITURE & FIXTURES | 2006-11-01 | 3,034 | 2,809 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| COMPUTER & VIDEO EQUIPMENT | 2008-05-01 | 6,577 | 6,577 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER EQUIPMENT | 2008-10-10 | 3,255 | 3,255 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2009-03-31 | 945 | 115 | SL | 39.000000000000 | 13 | 0 | 13 | |
| FURNITURE & FIXTURES | 2009-05-04 | 4,019 | 3,182 | 200DB | 7.000000000000 | 358 | 0 | 574 | |
| HALLWAY TRACK LIGHTING | 2010-05-06 | 4,775 | 3,381 | 200DB | 7.000000000000 | 426 | 0 | 682 | |
| FRONT STEP | 2010-04-13 | 1,625 | 156 | SL | 39.000000000000 | 23 | 0 | 23 | |
| RENOVATION | 2010-10-16 | 64,614 | 5,316 | SL | 39.000000000000 | 897 | 0 | 897 | |
| TELEPHONE & DATA SYSTEM | 2010-11-05 | 2,618 | 1,748 | 200DB | 5.000000000000 | 302 | 0 | 524 | |
| RENOVATION | 2011-01-06 | 10,531 | 799 | SL | 39.000000000000 | 146 | 0 | 146 | |
| RENOVATION | 2011-02-07 | 1,625 | 121 | SL | 39.000000000000 | 23 | 0 | 23 | |
| CLOSET | 2011-03-25 | 429 | 31 | SL | 39.000000000000 | 6 | 0 | 6 | |
| ELEVATOR REPAIRS | 2012-01-04 | 2,070 | 104 | SL | 39.000000000000 | 29 | 0 | 29 | |
| ELEVATOR REPAIRS | 2012-03-26 | 3,477 | 160 | SL | 39.000000000000 | 48 | 0 | 48 | |
| HOT WATER HEATER | 2012-05-24 | 1,305 | 559 | 200DB | 7.000000000000 | 228 | 0 | 186 | |
| TABLE REPAIR | 2011-11-23 | 6,264 | 342 | SL | 39.000000000000 | 87 | 0 | 87 | |
| FURNITURE & FIXTURES | 2011-11-22 | 1,262 | 453 | 200DB | 7.000000000000 | 158 | 0 | 180 | |
| COMPUTER EQUIPMENT | 2013-08-24 | 1,268 | 254 | 200DB | 5.000000000000 | 406 | 0 | 254 | |
| COMPUTER SOFTWARE | 2013-08-28 | 1,388 | 278 | 200DB | 5.000000000000 | 444 | 0 | 278 | |
| COMPUTER EQUIPMENT | 2013-10-02 | 1,287 | 257 | 200DB | 5.000000000000 | 412 | 0 | 257 | |
| FURNITURE & FIXTURES | 2014-10-31 | 1,645 | 200DB | 7.000000000000 | 1,645 | 0 | 39 | ||
| LEASEHOLD IMPROVEMENTS | 2014-10-31 | 2,893,856 | SL | 39.000000000000 | 15,459 | 0 | 15,459 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| PURCHASED | 2014-09 | SIX FORTY SEVEN BOYLSTON LLC | 3,000,000 | 164,428 | 1,120,840 | 891,027 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESTMENT IN ARTSCIENCE LABS INC | 1 | 1 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| CLOUD DESIGN | 56,498 | 51,482 | 5,016 | 5,016 |
| STAGE, TV, ART TABLE | 1,480 | 1,390 | 90 | 90 |
| 3RD & 4TH FLOOR STORAGE & TABLES | 4,000 | 3,760 | 240 | 240 |
| 4TH FLOOR STOOLS | 338 | 316 | 22 | 22 |
| 20 CHAIRS | 2,042 | 1,922 | 120 | 120 |
| FURNITURE & FIXTURES | 3,034 | 2,809 | 225 | 225 |
| FURNITURE & FIXTURES | 4,019 | 3,540 | 479 | 479 |
| HALLWAY TRACK LIGHTING | 4,775 | 3,807 | 968 | 968 |
| TELEPHONE & DATA SYSTEM | 2,618 | 2,050 | 568 | 568 |
| HOT WATER HEATER | 1,305 | 787 | 518 | 518 |
| FURNITURE & FIXTURES | 1,262 | 611 | 651 | 651 |
| COMPUTER EQUIPMENT | 1,268 | 660 | 608 | 608 |
| COMPUTER SOFTWARE | 1,388 | 722 | 666 | 666 |
| COMPUTER EQUIPMENT | 1,287 | 669 | 618 | 618 |
| FURNITURE & FIXTURES | 1,645 | 1,645 | 0 | 0 |
| LEASEHOLD IMPROVEMENTS | 2,893,856 | 15,459 | 2,878,397 | 2,878,397 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 21,961 | 0 | 0 | 21,961 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RENT DEPOSIT | 139,288 | 139,288 | 139,288 |
| PREPAID INTEREST | 75,000 | 0 | 0 |
| DUE FROM CAFE ARTSCIENCE LLC | 245,465 | 245,465 | |
| TO TIE TO TRIAL BALANCE | -47,534 | -47,535 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TELEPHONE | 6,235 | 0 | 0 | 6,235 |
| OFFICE SUPPLIES | 16,548 | 0 | 0 | 16,548 |
| DUES & SUBSCRIPTIONS | 5,211 | 0 | 0 | 5,211 |
| POSTAGE | 621 | 0 | 0 | 621 |
| PAYROLL SERVICE FEES | 16,226 | 0 | 0 | 16,226 |
| TEMPORARY HELP | 765 | 0 | 0 | 765 |
| PROGRAM EXPENSE | 235,209 | 0 | 0 | 235,209 |
| COMPUTER EXPENSES | 9,068 | 0 | 0 | 9,068 |
| EQUIPMENT LEASES | 7,618 | 0 | 0 | 7,618 |
| MEETINGS | 1,130 | 0 | 0 | 1,130 |
| PROFESSIONAL DEVELOPMENT | 198 | 0 | 0 | 198 |
| COMMUNICATIONS | 1,526 | 0 | 0 | 1,526 |
| PRINTING & COPYING | 4,592 | 0 | 0 | 4,592 |
| WATER DELIVERY | 619 | 0 | 0 | 619 |
| LABORATOIRE OPERATIONAL SUPPORT | 842,641 | 0 | 0 | 842,641 |
| QUALIFIED DISTRIBUTION (ART SCIENCE PROJECT) | 65,315 | 0 | 0 | 65,315 |
| BANK CHARGES & FEES | 1,086 | 0 | 0 | 1,086 |
| INVESTMENT MANAGEMENT | 233 | 233 | 233 | 0 |
| WORKMAN'S COMP INSURANCE | -76 | 0 | 0 | -76 |
| FUNDRAISING | 2,842 | 0 | 0 | 0 |
| MISCELLANEOUS BUSINESS EXPENSE | 160,752 | 0 | 0 | 0 |
| PARKING | 156 | 0 | 0 | 0 |
| AMORTIZATION | 3,767 | 0 | 3,767 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTIES | 153 | 153 | 153 |
| SAUDI ARAMCO | 71,621 | 71,621 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED INTEREST INCOME | 8,391 | 8,391 |
| ADVANCE | 900 | 1,020,000 |
| AMERICAN EXPRESS | 19,150 | 0 |
| PAYROLL TAXES WITHHELD & ACCRUED | 14,063 | 0 |
| GOLDMAN SACHS #27091 | 0 | 18,013 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTANTS | 5,841 | 0 | 0 | 5,841 |
| Name | Address |
|---|---|
| CYNTHIA REED |
341 STANDISH STREET DUXBURY,MA02332 |
|
|
176 SOUTH MAIN STREET HOPKINTON,MA01748 |
|
|
650 EAST KENDALL STREET CAMBRIDGE,MA02142 |
|
|
48 QUINCY STREET CAMBRIDGE,MA02138 |
|
|
3 BLACKFAN CIRCLE CLSB 5TH FL BOSTON,MA02115 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 65,611 | 0 | 0 | 65,611 |
| FEDERAL TAX | 533 | 0 | 0 | 533 |