| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX/ACCOUNTING | 6,630 | 0 | 0 | 6,630 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER EQUIPMENT | 2013-03-04 | 1,799 | 360 | 200DB | 32.00 % | 576 | |||
| COMPUTER EQUIPMENT | 2013-04-23 | 1,866 | 373 | 200DB | 32.00 % | 597 | |||
| OPERATIONS EQUIPMENT | 2013-04-26 | 751 | 150 | 200DB | 32.00 % | 240 | |||
| OPERATIONS EQUIPMENT | 2013-12-03 | 967 | 193 | 200DB | 32.00 % | 309 | |||
| OPERATIONS EQUIPMENT | 2013-12-03 | 967 | 193 | 200DB | 32.00 % | 309 | |||
| OPERATIONS EQUIPMENT | 2014-07-03 | 1,809 | 200DB | 20.00 % | 362 | ||||
| OPERATIONS EQUIPMENT | 2014-07-04 | 800 | 200DB | 20.00 % | 160 | ||||
| OPERATIONS EQUIPMENT | 2014-09-26 | 931 | 200DB | 20.00 % | 186 | ||||
| COMPUTER EQUIPMENT | 2014-02-17 | 2,314 | 200DB | 20.00 % | 463 | ||||
| COMPUTER EQUIPMENT | 2014-06-13 | 3,384 | 200DB | 20.00 % | 677 | ||||
| COMPUTER EQUIPMENT | 2014-10-13 | 1,668 | 200DB | 20.00 % | 334 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 11,774 | |||
| Miscellaneous | 17,256 | 5,482 | 11,774 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 2,581 | 0 | 0 | 2,581 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ART SUPPLIES | 25,994 | 25,994 | ||
| ARTIST IN RESIDENCE | 8,582 | 8,582 | ||
| AUTO EXPENSE | 94 | 94 | ||
| BANK CHARGES | 786 | 786 | ||
| COMPUTER EXPENSE | 3,243 | 3,243 | ||
| DUES & SUBSCRIPTIONS | 100 | 100 | ||
| EDUCATIONAL MATERIALS | 5,275 | 5,275 | ||
| EXHIBITION EXPENSES | 144,617 | 144,617 | ||
| GIFTS | 393 | 393 | ||
| INSURANCE | 6,405 | 6,405 | ||
| JANITORIAL | 17,216 | 17,216 | ||
| LICENSES | 200 | 200 | ||
| MEALS & ENTERTAINMENT | 19,089 | 19,089 | ||
| OFFICE EXPENSE | 3,990 | 3,990 | ||
| OFFICE SUPPLIES | 2,834 | 2,834 | ||
| PENALTIES | 25 | 25 | ||
| PERMITS | 1,517 | 1,517 | ||
| POSTAGE & DELIVERY | 2,598 | 2,598 | ||
| PROMOTIONAL EVENTS | 41,995 | 41,995 | ||
| PROPERTY TAXES | 11,911 | 11,911 | ||
| PUBLICE RELATIONS | 28,323 | 28,323 | ||
| REPAIRS & MAINTENANCE | 1,899 | 1,899 | ||
| SECURITY | 25,657 | 25,657 | ||
| STATE TAXES | 10 | 10 | ||
| TRANSPORTATION | 5,015 | 5,015 | ||
| UTILITIES | 23,831 | 23,831 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| GALLERY RENTS | 4,500 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CASH OVERDRAFT | 8,702 | |
| CREDIT CARDS | 19,896 | |
| PAYROLL TAXES PAYABLE | 4,059 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OUTSIDE SERVICES | 169,875 | 0 | 0 | 169,875 |
| Name | Address |
|---|---|
| MAX SWEENEY |
116 11TH ST MANHATTAN BEACH,CA90266 |
| HELENA SWEENEY |
116 11TH ST MANHATTAN BEACH,CA90266 |
| JULIE SWEENEY |
116 11TH ST MANHATTAN BEACH,CA90266 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 2,558 | 2,558 |