| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,057 | 7,057 |
| 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 IMPROVEMENTS - FOLSOM | 2011-06-30 | 194,625 | 110,288 | S/L | 15.0000 | 12,975 | |||
| CONDO 207 | 2009-10-07 | 480,550 | 126,842 | S/L | 39.0000 | 12,322 | |||
| CONDO LAND 207 | 2009-10-07 | 204,803 | |||||||
| CONSTRUCTION IN PROGRESS | 2010-12-31 | 71,062 | 42,637 | S/L | 15.0000 | 4,738 | |||
| FOLSOM ST BLDG | 2010-08-25 | 540,107 | 336,066 | S/L | 15.0000 | 36,007 | |||
| FOLSOM ST IMPROVEMENTS | 2012-06-30 | 15,860 | 2,990 | S/L | 39.0000 | 397 | |||
| FURNITURE 207 | 2009-10-15 | 10,225 | 10,225 | S/L | 7.0000 | ||||
| FURNITURE 207 | 2009-12-29 | 2,616 | 2,616 | S/L | 7.0000 | ||||
| FURNITURE 307 | 2010-01-07 | 1,560 | 1,560 | S/L | 7.0000 | ||||
| FURNITURE & EQUIPMENT | 2012-06-30 | 6,168 | 6,168 | 200DB | 5.0000 | ||||
| FURNITURE EQUIPMENT | 2011-06-30 | 42,924 | 42,924 | S/L | 7.0000 | ||||
| LHI 207 | 2009-11-15 | 18,353 | 12,440 | S/L | 15.0000 | 1,223 | |||
| LHI 207 | 2009-10-29 | 6,015 | 4,077 | S/L | 15.0000 | 401 | |||
| LHI 307 | 2010-08-06 | 1,674 | 1,051 | S/L | 15.0000 | 112 | |||
| LHI 307 | 2010-11-24 | 4,000 | 2,458 | S/L | 15.0000 | 267 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FIXED ASSETS | 1,395,777 | 777,021 | 618,756 | |
| CONDO LAND | 204,803 | 204,803 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 56,815 | 56,815 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ART COLLECTION | 13,395,550 | 14,134,106 | |
| OTHER ASSETS | 103,766 | 103,766 | |
| KADIST PARIS | 50,203 | 51,205 | |
| ART DISCOVERY | |||
| INVESTMENT IN URBSIS | 668,468 | 668,468 | |
| OTHER ASSETS - ADL GUTAI | |||
| VW RECEIVABLE | |||
| DONATED REAL ESTATE | 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 | 10,998 | 10,998 | ||
| ASIA PROGRAMS | ||||
| KSC | ||||
| REGIONAL KADIST CURATORIAL CO | ||||
| LOCAL EVENTS/EXHIBITIONS | 47,823 | 47,823 | ||
| OPERATIONS | 11,147 | 11,147 | ||
| INSURANCE | 1,126 | 1,126 | ||
| OTHER | 5,158 | 5,158 | ||
| SOCIAL MEDIA | 28,673 | 28,673 | ||
| KCC AND OTHER COLLABORATIONS | ||||
| INFORMATION TECHNOLOGY | 95,907 | 95,907 | ||
| COLLECTION COST | 294,212 | 294,212 | ||
| COLLECTION ADVISOR FEES | ||||
| VIDEO PRODUCTION | 8,995 | 8,995 | ||
| BANK FEES | 2,088 | 2,088 | ||
| BOARD MEMBER FEES | 8,000 | 8,000 | ||
| KADIST | 101,171 | 101,171 | ||
| KVL | 14,239 | 14,239 | ||
| INTERNATIONAL PROGRAMS | 168,194 | 168,194 | ||
| EXPENSE REIMBURSEMENTS | 11,833 | 11,833 | ||
| CONTRACTOR | 2,353 | 2,353 | ||
| WEBSITE | 10,236 | 10,236 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ARTNOW FOUNDATION ADVANCE | 1,600,000 | 1,600,000 |
| OTHER LIABILITIES | 290,208 | 415,433 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT TAXES/LICENSES | 300 |