| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 5,588 | 559 | 0 | 5,029 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDINGS | 499,850 | 9,231 | SL | 0 % | 4,615 | 0 | 0 | ||
| EQUIPMENT | 13,150 | 9,289 | SL | 0 % | 2,332 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS | 499,850 | 13,846 | 486,004 | 486,004 |
| EQUIPMENT | 13,150 | 11,621 | 1,529 | 1,529 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 1,478 | 0 | 0 | 1,478 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| MUSEUM COLLECTION | 629,000 | 388,728 | 388,728 |
| Description | Amount |
|---|---|
| PRIOR YEAR ADJUSTMENT | 4,838 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EQUIPMENT MAINTENANCE | 2,069 | 0 | 0 | 2,069 |
| OFFICE EXPENSES | 10,780 | 0 | 0 | 10,780 |
| ADVERTISING AND MARKETING | 569 | 0 | 0 | 569 |
| INSURANCE | 8,490 | 0 | 0 | 8,490 |
| INFORMATION TECHNOLOGY | 1,432 | 0 | 0 | 1,432 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS | 1,559 | 1,559 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| MERCHANDISE | 84 | 84 | |
| AIRCRAFT PARTS | 9,998 | 4,360 | 5,638 |
| Name | Address |
|---|---|
| ALFRED H AND LOIS KELCH CHARITABLE |
10003 HAAS ROAD ROCKTON,IL61072 |
| WILLIAM S KNIGHT FOUNDATION INC |
15617 BETHANY CT SOUTH BELOIT,IL61080 |
| BRODHEAD AREA FOUNDATION |
PO BOX 7 BRODHEAD,WI53520 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 708 | 0 | 0 | 0 |
| PAYROLL TAXES | 10,415 | 1,042 | 0 | 9,373 |
| PROPERTY TAXES | 2,641 | 0 | 0 | 2,641 |