| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 13,150 | 0 | 13,150 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| STUDIO EQUIPMENT | 2020-12-15 | 310,349 | SL | 7.000000000000 | 3,695 | 0 | |||
| DONATED STUDIO EQUIPMENT | 2021-01-01 | 20,095 | SL | 7.000000000000 | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| UBS INVESTMENTS | AT COST | 3,429,454 | 4,386,718 |
| FIRST REPUBLIC | AT COST | 4,152,030 | 5,964,322 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| STUDIO EQUIPMENT | 310,349 | 3,695 | 306,654 | 310,349 |
| DONATED STUDIO EQUIPMENT | 20,095 | 0 | 20,095 | 20,095 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 5,891 | 0 | 5,891 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID FEDERAL EXCISE TAX | 3,711 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 60 | 0 | 60 | |
| POST OFFICE BOX RENTAL | 351 | 0 | 351 | |
| OFFICE SUPPLIES | 210 | 0 | 210 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| DEFERRED INCOME | 73 | 73 | 73 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| FEDERAL EXCISE TAX PAYABLE | 0 | 1,327 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 82,149 | 82,149 | 0 | |
| ADMINISTRATIVE FEES | 3,880 | 0 | 3,880 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX ON INVESTMENT INCOME | 5,487 | 0 | 0 | |
| FOREIGN TAXES PAID ON INVESTMENT INCOME | 4,274 | 4,274 | 0 |