| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 8,000 | 400 | 7,600 |
| 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 | 2020-10-23 | 370,572 | S/L | 39.0000 | 1,980 | ||||
| LAND | 2020-10-23 | 315,672 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| MUSICAL WORKS | PURCHASE | 15,335,096 | 5,000,000 | 10,335,096 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SCHWAB - CORPORATE BOND FUNDS | 6,806,989 | 6,806,989 |
| SCHWAB - CORPORATE BONDS | 5,133 | 5,133 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SCHWAB - EQUITIES | 14,198,488 | 14,198,488 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUSICAL WORKS OF ROBERT CREWE | FMV | ||
| SCHWAB - OTHER ASSETS | FMV |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 307,251 | 294,629 | 12,622 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PIANO ELECTRIC | 3,564 | 3,564 | 3,564 |
| ARTWORK | 4,200 | 4,200 | 4,200 |
| GRANT SOFTWARE | 20,000 | 20,000 | 20,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK AND SERVICE FEES | 590 | 575 | 150 | |
| BOOKS AND SUBSCRIPTIONS | 238,824 | 238,824 | ||
| INSURANCE | 5,853 | 5,853 | ||
| OFFICE EXPENSE | 27,879 | 27,879 | ||
| PAYROLL FEES | 2,175 | 109 | 2,066 | |
| POSTAGE AND MAILING | 267 | 267 | ||
| TELEPHONE | 531 | 531 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTIES | 993,583 | 993,583 | |
| BOOK SALES | 3,000 | 3,000 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 1,139,261 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
OTHER LOANS RECEIVABLE |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT | 29,742 | 29,742 | ||
| OTHER PROFESSIONAL FEES | 150,143 | 150,143 | ||
| PUBLICITY | 24,350 | 24,350 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES ON INVESTMENTS | 2,297 | 2,297 |