| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 5,044 | 0 | 0 | 0 |
| 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 | 1965-01-01 | 926,574 | 926,574 | SL | 31.500000000000 | 0 | 0 | 0 | |
| UNITED WAY ADDITION (DOOR WALL) | 1994-01-01 | 4,000 | 3,047 | SL | 31.500000000000 | 127 | 0 | 127 | |
| LAND | 1965-01-01 | 4,000 | NC | 0 % | 0 | 0 | 0 | ||
| ART COLLECTION | 1998-01-01 | 521,241 | NC | 0 % | 0 | 0 | 0 | ||
| NEW ART GALLERY | 1998-01-01 | 161,247 | 148,143 | SL | 31.500000000000 | 5,119 | 0 | 5,119 | |
| FIXTURES AND EQUIPMENT | 1989-01-01 | 2,359 | 2,359 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FIXTURES & EQUIPMENT | 1995-01-01 | 1,263 | 1,263 | SL | 8.000000000000 | 0 | 0 | 0 | |
| FIXTURES & EQUIPMENT | 1996-01-01 | 996 | 924 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FIXTURES AND EQUIPMENT | 1997-01-01 | 2,292 | 2,127 | SL | 7.000000000000 | 0 | 0 | 0 | |
| LAWN MOWER | 2000-10-31 | 8,515 | 8,515 | SL | 7.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 1993-01-01 | 2,500 | 2,500 | SL | 5.000000000000 | 0 | 0 | 0 | |
| 3 AIR CONDITIONING UNITS | 2006-01-01 | 5,376 | 4,301 | SL | 15.000000000000 | 358 | 0 | 358 | |
| REMODEL OFFICE STRUCTURES FOR TENANTS | 2006-07-01 | 9,065 | 2,673 | SL | 39.000000000000 | 232 | 0 | 232 | |
| COMPUTER NETWORK WIRELESS INSTALLATION | 2006-07-01 | 2,411 | 2,411 | SL | 5.000000000000 | 0 | 0 | 0 | |
| SECURITY SYSTEM | 2006-07-01 | 7,862 | 7,862 | SL | 7.000000000000 | 0 | 0 | 0 | |
| PHONE SYSTEM - FCC PORTION | 2006-07-01 | 1,750 | 1,750 | SL | 7.000000000000 | 0 | 0 | 0 | |
| REMODEL RED CROSS AREA | 2007-03-23 | 14,630 | 4,033 | SL | 39.000000000000 | 375 | 0 | 375 | |
| CARPETING | 2007-04-16 | 8,694 | 6,183 | SL | 15.000000000000 | 580 | 0 | 580 | |
| ROOF REPAIRS | 2007-11-18 | 29,033 | 14,637 | SL | 20.000000000000 | 1,452 | 0 | 1,452 | |
| NEW ELECTRONIC SIGN | 2012-09-06 | 42,230 | 32,175 | SL | 7.000000000000 | 6,033 | 0 | 6,033 | |
| SOFTWARE FOR ART GALLERY | 2018-03-28 | 7,800 | SL | 5.000000000000 | 1,170 | 0 | 1,170 | ||
| POND PUMP | 2018-10-31 | 6,723 | SL | 7.000000000000 | 160 | 0 | 160 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AR GLOBAL | AT COST | 20,988 | 17,208 |
| COMMUNITY FOUNDATION | AT COST | 626,074 | 576,235 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 926,574 | 926,574 | 0 | |
| UNITED WAY ADDITION (DOOR WALL) | 4,000 | 3,174 | 826 | |
| LAND | 4,000 | 0 | 4,000 | |
| ART COLLECTION | 521,241 | 0 | 521,241 | |
| NEW ART GALLERY | 161,247 | 153,262 | 7,985 | |
| FIXTURES AND EQUIPMENT | 2,359 | 2,359 | 0 | |
| FIXTURES & EQUIPMENT | 1,263 | 1,263 | 0 | |
| FIXTURES & EQUIPMENT | 996 | 924 | 72 | |
| FIXTURES AND EQUIPMENT | 2,292 | 2,127 | 165 | |
| LAWN MOWER | 8,515 | 8,515 | 0 | |
| COMPUTER | 2,500 | 2,500 | 0 | |
| 3 AIR CONDITIONING UNITS | 5,376 | 4,659 | 717 | |
| REMODEL OFFICE STRUCTURES FOR TENANTS | 9,065 | 2,905 | 6,160 | |
| COMPUTER NETWORK WIRELESS INSTALLATION | 2,411 | 2,411 | 0 | |
| SECURITY SYSTEM | 7,862 | 7,862 | 0 | |
| PHONE SYSTEM - FCC PORTION | 1,750 | 1,750 | 0 | |
| REMODEL RED CROSS AREA | 14,630 | 4,408 | 10,222 | |
| CARPETING | 8,694 | 6,763 | 1,931 | |
| ROOF REPAIRS | 29,033 | 16,089 | 12,944 | |
| NEW ELECTRONIC SIGN | 42,230 | 38,208 | 4,022 | |
| SOFTWARE FOR ART GALLERY | 7,800 | 1,170 | 6,630 | |
| POND PUMP | 6,723 | 160 | 6,563 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 2,625 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| FINE ARTS COLLECTION | 521,241 | 521,241 | 521,241 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 11,230 | 0 | 0 | 0 |
| INSURANCE-GENERAL, THEFT, FIRE | 30,447 | 30,447 | 30,447 | 0 |
| ELECTRICITY, HEAT, PHONE | 41,265 | 41,265 | 41,265 | 0 |
| SECURITY | 3,884 | 3,884 | 3,884 | 0 |
| SNOW REMOVAL/LAWN CARE | 2,035 | 2,035 | 2,035 | 0 |
| POSTAGE/COPIES/PRINTING | 1,219 | 1,219 | 1,219 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES PAYABLE | 1,215 | 1,184 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING | 111,662 | 0 | 0 | 0 |
| INVESTMENT FEES | 5,963 | 0 | 0 | 0 |
| Name | Address |
|---|---|
|
CITY OF MARSHALLTOWN |
24 N CENTER STREET MARSHALLTOWN,IA50158 |
|
MARTHA ELLEN TYE FOUNDATION |
16 E MAIN STREET SUITE 260 MARSHALLTOWN,IA50158 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 3,659 | 0 | 0 | 0 |