| 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 |
|---|---|---|---|---|---|---|---|---|---|
| MISC FURN & EQUIP | 2003-03-19 | 21,768 | 21,768 | SL | 15 | ||||
| WEBSITE CREATION | 2001-10-14 | 2,305 | 2,305 | SL | 5 | ||||
| BUILDING | 2000-08-19 | 55,000 | 33,184 | SL | 30 | 1,833 | 1,833 | 1,833 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 55,000 | 35,017 | 19,983 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| MISC FURN & EQUIP | 21,768 | 21,768 | ||
| WEBSITE CREATION | 2,305 | 2,305 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER ASSETS | 2,377 | 2,377 | 2,377 |
| ART AND ARTIFACTS | 131,800 | 131,800 | 131,800 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| HONORARIUM | 300 | 150 | ||
| POSTAGE/FREIGHT | 11 | 11 | ||
| SUPPLIES | 102 | 102 | ||
| LICENSE/FEES | 25 | |||
| INSURANCE | 2,795 | 2,795 | ||
| DUES AND SUBSCRIPTIONS | 55 | |||
| SERVICE CHARGES | 105 | |||
| SELECTION COMMITTEE FEES | 600 | 600 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS INCOME | 70 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 70 | 70 |