| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,600 | 3,600 | ||
| BUDGET EXPENSES | 1,951 | 1,951 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE 207 | 2009-10-15 | 10,225 | 10,225 | S/L | 7.0000 | ||||
| LHI 207 | 2009-11-15 | 18,353 | 9,993 | S/L | 15.0000 | 1,223 | |||
| CONDO 207 | 2009-10-07 | 480,550 | 102,199 | S/L | 39.0000 | 12,321 | |||
| LHI 207 | 2009-10-29 | 6,015 | 3,275 | S/L | 15.0000 | 401 | |||
| FURNITURE 207 | 2009-12-29 | 2,616 | 2,616 | S/L | 7.0000 | ||||
| CONDO LAND 207 | 2009-10-07 | 204,803 | |||||||
| FOLSOM ST BLDG | 2010-08-25 | 540,107 | 264,052 | S/L | 15.0000 | 36,007 | |||
| LHI 307 | 2010-08-06 | 1,674 | 828 | S/L | 15.0000 | 112 | |||
| LHI 307 | 2010-11-24 | 4,000 | 1,925 | S/L | 15.0000 | 266 | |||
| CONSTRUCTION IN PROGRESS | 2010-12-31 | 71,062 | 33,162 | S/L | 15.0000 | 4,738 | |||
| FURNITURE 307 | 2010-01-07 | 1,560 | 1,560 | S/L | 7.0000 | ||||
| FURNITURE EQUIPMENT | 2011-06-30 | 42,924 | 39,858 | S/L | 7.0000 | 3,066 | |||
| BUILDING IMPROVEMENTS - FOLSOM | 2011-06-30 | 194,625 | 84,338 | S/L | 15.0000 | 12,975 | |||
| FOLSOM ST IMPROVEMENTS | 2012-06-30 | 15,860 | 2,197 | S/L | 39.0000 | 397 | |||
| FURNITURE & EQUIPMENT | 2012-06-30 | 6,168 | 6,168 | 200DB | 5.0000 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| ART SALES | PURCHASE | 2018-12 | 462,769 | 950,764 | -487,995 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FIXED ASSETS | 1,395,739 | 633,902 | 761,837 | |
| CONDO LAND | 204,803 | 204,803 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 61,692 | 61,692 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ART COLLECTION | 14,988,621 | 14,554,837 | 14,554,837 |
| OTHER ASSETS | |||
| KADIST PARIS | |||
| ART DISCOVERY | |||
| INVESTMENT IN URBSIS | 668,468 | 668,468 | 668,468 |
| OTHER ASSETS - ADL GUTAI | -125,768 | ||
| VW RECEIVABLE | -74,872 | ||
| DONATED REAL ESTATE | 2,043,527 | 3,065,907 | 3,065,907 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| SPONSORSHIP/RESIDENCY | 7,786 | 7,786 | ||
| ASIA PROGRAMS | 53,670 | 53,670 | ||
| KADIVIEWS | 11,900 | 11,900 | ||
| REGIONAL KADIST CURATORIAL CO | 71,480 | 71,480 | ||
| LOCAL EVENTS/EXHIBITIONS | 84,713 | 84,713 | ||
| OPERATIONS | 27,068 | 27,068 | ||
| INSURANCE | 14,646 | 14,646 | ||
| OTHER | 5,176 | 5,176 | ||
| SOCIAL MEDIA | 34,974 | 34,974 | ||
| KCC AND OTHER COLLABORATIONS | 2,818 | 2,818 | ||
| INFORMATION TECHNOLOGY | 138,370 | 138,370 | ||
| COLLECTION COST | 152,802 | 152,802 | ||
| COLLECTION ADVISOR FEES | 52,026 | 52,026 | ||
| VIDEO PRODUCTION | 8,166 | 8,166 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TAX REFUND | 175 | 175 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ARTNOW FOUNDATION ADVANCE | 1,600,000 | 1,600,000 |