Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE BANG GROUP INC
 
Number and street (or P.O. box number if mail is not delivered to street address)131 PERRY STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10014
A Employer identification number

13-3836585
B Telephone number (see instructions)

(212) 337-9565
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,347,934
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 102,880
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 52,064 52,064 52,064
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 164,152
b Gross sales price for all assets on line 6a 1,214,608
7 Capital gain net income (from Part IV, line 2)... 164,152
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 266,352 252,000 266,352
12 Total. Add lines 1 through 11........ 585,448 468,216 318,416
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 179,477 0 0 168,899
14 Other employee salaries and wages...... 91,905 0 0 91,905
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 3,235 0 0 0
b Accounting fees (attach schedule)....... 25,500 0 0 0
c Other professional fees (attach schedule).... 17,835 17,068 17,068 767
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 27,584 1,066 1,066 19,145
19 Depreciation (attach schedule) and depletion... 4,898 0 3,419
20 Occupancy..............        
21 Travel, conferences, and meetings....... 15,675 0 0 15,675
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 69,383 0 0 67,058
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 435,492 18,134 21,553 363,449
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 435,492 18,134 21,553 363,449
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 149,956
b Net investment income (if negative, enter -0-) 450,082
c Adjusted net income (if negative, enter -0-)... 296,863
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,536 34,208 34,208
2 Savings and temporary cash investments......... 39,936 200,471 200,471
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   13,505    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 104,784 Click to see attachment40,253 40,908
b Investments—corporate stock (attach schedule)....... 1,223,586 Click to see attachment1,181,378 1,534,992
c Investments—corporate bonds (attach schedule)....... 354,316 Click to see attachment344,908 357,220
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 163,139 Click to see attachment200,764 233,390
14 Land, buildings, and equipment: basis bullet78,354
Less: accumulated depreciation (attach schedule) bullet71,830 10,867 Click to see attachment6,524 6,524
15 Other assets (describe bullet) Click to see attachment1,015,500 Click to see attachment940,221 Click to see attachment940,221
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,928,169 2,948,727 3,347,934
Liabilities 17 Accounts payable and accrued expenses.......... 56,287 4,612
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 56,287 4,612
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 2,871,882 2,944,115
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,871,882 2,944,115
30 Total liabilities and net assets/fund balances (see instructions). 2,928,169 2,948,727
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,871,882
2
Enter amount from Part I, line 27a .....................
2
149,956
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,021,838
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
77,723
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,944,115
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P 2020-01-01 2020-12-31
b PUBLICLY TRADED SECURITIES P 2019-01-01 2020-12-31
c Capital Gains Dividends P    
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 288,324   313,980 -25,656
b 923,901   736,476 187,425
c 2,383     2,383
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       -25,656
b       187,425
c       2,383
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 164,152
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3 -25,656
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 6,256
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 6,256
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,256
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 8,550
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 8,550
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 39
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,255
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,255 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletTHEBANGGROUP.COM
    14
    The books are in care ofbulletJEFFREY KAZIN Telephone no.bullet (212) 337-9565

    Located atbullet255 WEST 23RD STREET 5CWNEW YORKNY ZIP+4bullet10011
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DAVID F PARKER PRESIDENT
    40.00
    126,585 0 0
    131 PERRY STREET 1A
    NEW YORK,NY10014
    JEFFREY A KAZIN VICE-PRESIDENT, TREASURER
    40.00
    52,892 0 0
    255 WEST 23RD STREET5CW
    NEW YORK,NY10011
    BRIDGET BROWN SECRETARY
    1.00
    0 0 0
    100 HARVARD AVENUE
    MAPLEWOOD,NJ07040
    MARTA MILLER DIRECTOR
    1.00
    0 0 0
    764 COUNTRY ROAD
    STAMFORD,VT05352
    EMILY ALTMAN DIRECTOR
    1.00
    0 0 0
    45 SUTTON PLACE 11E
    NEW YORK,NY10042
    MICHAEL ISBELL DIRECTOR
    1.00
    0 0 0
    280 WEST CORTEZ ROAD
    PALM SPRINGS,CA92262
    MARGARET BRAUN DIRECTOR
    1.00
    0 0 0
    33 BANK STREET
    NEW YORK,NY10014
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THE ORGANIZATION PRESENTED CONTEMPORARY DANCE PERFORMANCES AT VARIOUS VENUES IN THE UNITED STATES, CONDUCTED DANCE WORKSHOPS, AND ASSISTED A THEATRE IN NYC WITH ITS PROGRAMMING. 362,682
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,926,457
    b
    Average of monthly cash balances.......................
    1b
    275,109
    c
    Fair market value of all other assets (see instructions)................
    1c
    976,750
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,178,316
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,178,316
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    47,675
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,130,641
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    156,532
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    363,449
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    363,449
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    363,449
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
     
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
     
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
    156,532 167,534 0 0 324,066
    b 85% of line 2a ......... 133,052 142,404 0 0 275,456
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
    363,449 555,148 0 0 918,597
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
    0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
    363,449 555,148 0 0 918,597
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
            0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
    104,355 111,689 0 0 216,044
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
            0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
            0
    (3) Largest amount of support
    from an exempt organization
            0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    aPERFORMANCE FEES         14,352
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 52,064  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     15 252,000  
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 164,152  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 468,216 14,352
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    482,568
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1 THE ORGANIZATION PROVIDES DANCE PEFORMANCES AND WORKSHOPS
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE BANG GROUP INC
     
    Employer identification number

    13-3836585
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE BANG GROUP INC
     
    Employer identification number
    13-3836585
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    THE JEROME ROBBINS FOUNDATION
     
    156 WEST 56TH STREET SUITE 901
     
    NEW YORK, NY10019

    $ 20,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    2
    FREDERICK LOEWE FOUNDATION
     
    45 SUTTON PLACE APT11E
     
    NEW YORK, NY10022

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE BANG GROUP INC
     
    Employer identification number

    13-3836585
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE BANG GROUP INC
     
    Employer identification number

    13-3836585
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 25,500 0 0 0

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    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
    EQUIPMENT 2000-07-01 2,080 2,080 SL 5.000000000000 0 0 0  
    FURNITURE 2005-07-01 623 623 SL 7.000000000000 0 0 0  
    EQUIPMENT - PRINTER/SCANNER/COPIER 2006-05-14 200 200 SL 5.000000000000 0 0 0  
    CD PLAYER 2008-01-28 178 89 SL 5.000000000000 0 0 0  
    WEBSITE IMPROVEMENT - ADDITION OF W.E.T. AREA 2009-01-15 810 810 200DB 5.000000000000 0 0 0  
    WEBSITE IMPROVEMENT - ADDITION OF VIDEO AREA 2009-04-05 875 875 200DB 5.000000000000 0 0 0  
    IPOD 2009-08-11 272 272 SL 5.000000000000 0 0 0  
    NET BOOK 2010-06-30 384 384 SL 5.000000000000 0 0 0  
    COMPUTER IMPROVEMENT 2010-03-31 43 43 SL 5.000000000000 0 0 0  
    DESKTOP 2011-10-03 1,023 1,023 SL 5.000000000000 0 0 0  
    PELICAN CASE 2013-05-26 150 150 SL 5.000000000000 0 0 0  
    CUSTOM MADE COSTUMES 2013-10-15 13,236 13,236 SL 5.000000000000 0 0 0  
    CUSTOM MADE COSTUMES 2014-02-28 13,456 6,728 SL 5.000000000000 0 0 0  
    COSTUMES FOR 10 HAIRY LEGS 2015-01-15 6,778 6,102 SL 5.000000000000 676 0 0  
    COSTUMES FOR MARCHING ORDER/PUNCTUAL EQUILIBRIUM 2015-02-28 6,000 5,400 SL 5.000000000000 600 0 200  
    COSTUMES FOR SOUND SUITS 2015-05-05 12,480 11,232 SL 5.000000000000 1,248 0 832  
    COSTUME FOR SETTLING SCORES 2015-05-10 250 225 SL 5.000000000000 25 0 17  
    COSTUME FOR TWO TIMERS 2015-05-30 650 585 SL 5.000000000000 65 0 54  
    OFFICE CHAIR 2016-07-13 450 112 SL 7.000000000000 32 0 64  
    MICROPHONES AND SOUND EQUIPMENT 2018-07-01 5,567 1,670 SL 5.000000000000 1,113 0 1,113  
    COSTUMES FOR MOUTHFUL OF SHOES 2018-07-01 4,989 1,497 SL 5.000000000000 998 0 998  
    LAPTOP 2019-12-02 707 18 SL 5.000000000000 141 0 141  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SASOL FINANCING INTERNATIONAL PLC 6,032 6,118
    FIDELITY ADVISOR TOTAL BOND 135,291 142,090
    CVS HEALTH CORP NOTE CALL 3/9/2021 15,011 15,017
    M&T BK CORP NOTE 15,083 15,135
    FIFTH THIRD BANCORP BOND 18,155 18,145
    TMOBILE US INC BOND 13,171 13,121
    KOHLS CORP NOTE CALL 10,262 11,413
    RETAIL OPPORTUNITY INC NOTE 21,799 22,522
    BANK OF NOVA SCOTIA B C NOTE 29,944 31,877
    KRAFT HEINZ FOODS 11,008 11,487
    HANMI FINL CORP NOTE 20,306 20,208
    SIMON PPTY GROUP NOTE 21,609 22,214
    SIMMONS FIRST NATL CORP 12,217 12,153
    VALLEY NATL BANCORP NOTE 9,010 9,549
    TRUSTMARK CORP NOTE 6,010 6,171

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 12,568 34,161
    ABBVIE INC COM 33,034 51,218
    AIR PRODUCTS & CHEM 11,037 19,125
    APPLE INC 12,531 40,869
    APTARGROUP INC 9,133 18,069
    AUTOMATIC DATA PROCESSING INC 25,661 35,064
    CMS ENERGY CORP 19,280 22,269
    CHESAPEAKE UTILS CORP 19,299 30,515
    CONSTELLATION BRANDS INC CL A 25,501 26,505
    FISERV INC 30,178 51,009
    GALLAGHER ARTHUR J & CO 7,649 13,237
    HEINEKEN N V SPONSORED ADR 8,942 11,775
    HENRY JACK & ASSOC INC 32,432 34,666
    HOME DEPOT INC COM 32,997 55,249
    HORMEL FOODS CORP 13,493 19,203
    JOHNSON & JOHNSON 28,629 42,335
    MCCORMICK & CO INC COM NOM 13,489 24,665
    NESTLES A SPONSORED ADR 8,491 12,620
    NORFOLK SOUTHERN CRP 20,257 24,949
    PEPSICO INC 19,656 22,838
    ROYAL BANK OF CANADA COM NPV 22,442 23,798
    STOCK YDS BANCORP INC 21,835 24,531
    TORONTO - DOMINION BANK COM 24,038 24,825
    UNION PACIFIC CORP 20,882 24,570
    SHERWIN WILLIAMS CON 8,681 19,108
    EVERSOURCE ENERGY COM 8,815 10,641
    HONEYWELL INTL INC 7,665 11,699
    MICROSOFT CORP 16,460 36,032
    PFIZER INC 25,347 28,822
    SANDY SPRING BANCORP INC 29,678 29,325
    CHUBB LIMITED (FORMERLY ACE LTD) 14,695 17,239
    CDW CORP COM 17,905 25,304
    COMCAST CORP NEW CL A 17,749 25,362
    NOVARTIS A G SPONSORED ADR 20,673 28,612
    RELX PLC SPON ADS EACH REPR 1 ORD 19,480 23,846
    UNILEVER N V NY SHS NEW 29,258 32,655
    UNITED HEALTH GROUP 27,288 43,484
    B RILEY FINL INC SR NT 7.5% 11,445 11,742
    COHEN & STEERS LOW DUR PRFD & INCOME 16,953 17,148
    ANTHEM INC 16,330 19,586
    EOG RESOURCES 5,773 5,635
    FIDELITY NATIONAL INFORMATION SERVICE 10,072 13,722
    MTU AERO ENGINES AG UNSP ADR 16,691 22,455
    VISA INC 12,690 18,592
    MASTERCARD INC CL A 12,236 19,632
    SAP SE SPON ADR 32,114 37,161
    CVS HEALTH CORP 33,054 38,385
    MERCK & CO 32,778 32,638
    URSTADT BIDDLE PPTYS 17,510 17,416
    CHEVRON CORP NEW COM 11,457 8,192
    LAKELAND FINANCIAL CORP COM 11,515 13,181
    US BANCORP DEL COM NEW 23,939 25,485
    SACHEM CAP 6.875 11,458 11,364
    ATT INC 23,299 17,774
    BOEING CO 4,825 4,709
    FEDEX CORP 6,664 11,943
    FIRST OF LONG ISLAND CORP 12,802 14,351
    NEW JERSEY RES CORP COM 22,227 23,250
    NORTHWESTERN CORP 17,610 17,085
    SIX FLAGS ENTERTAINMENT 5,804 5,831
    STARBUCKS CORP 9,280 12,945
    UNITED PARCEL SERVICE 7,158 11,451
    VERIZON COMMUNICATIONS 23,250 23,911
    VIATRIS INC 1,424 1,818
    ARMADA HOFFLER PPTYS 6.75% 5,401 7,219
    B RILEY FINL INC SR NT 6.375% 11,658 11,883
    DIAMONDROCK HOSPITALITY 8.25% 8,485 9,102
    ONTRAK INC SER A PFD 6,749 6,548
    SACHEM CAP CORP 7.75% 11,494 11,497
    UNITED COMMUNITY BKS 6.875% 10,085 11,147

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    US Government Securities - End of Year Book Value:

    27,816
    US Government Securities - End of Year Fair Market Value:

    28,564
    State & Local Government Securities - End of Year Book Value:


    12,437
    State & Local Government Securities - End of Year Fair Market Value:


    12,344


    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARMADA HOFFLER PPTYS INC COM FMV 14,059 11,916
    PUBLIC STORAGE NOTE CALL FMV 19,872 24,017
    AMERICAN TOWER CORP COM FMV 26,113 29,404
    COMMUNITY HEALTHCARE TR INC COM FMV 19,060 26,099
    CROWN CASTLE INTL CORP NEW COM FMV 9,554 13,372
    CYRUSONE INC COM FMV 22,139 26,188
    DIGITAL RLTY TRU INC COM FMV 31,879 35,715
    EQUITY RESIDENTIAL SBI FMV 16,776 16,954
    ESSEX PROPERTY TRUST INC FMV 17,145 17,332
    EXTRA STORAGE SPACE INC FMV 9,593 12,165
    NATIONAL STORAGE AFFILIATES FMV 9,363 11,458
    RETAIL OPPORTUNITY INVEST CORP FMV 5,211 8,770

    TY 2020 LandEtcSchedule2
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    EQUIPMENT 2,080 2,080 0  
    FURNITURE 623 623 0  
    EQUIPMENT - PRINTER/SCANNER/COPIER 200 200 0  
    WEB SITE 2,108 2,108 0  
    CD PLAYER 178 178 0  
    WEBSITE IMPROVEMENT - ADDITION OF W.E.T. AREA 810 810 0  
    WEBSITE IMPROVEMENT - ADDITION OF VIDEO AREA 875 875 0  
    IPOD 272 272 0  
    WEBSITE REDEVELOPMENT 2,100 2,100 0  
    NET BOOK 384 384 0  
    COMPUTER IMPROVEMENT 43 43 0  
    QUICKBOOKS ACCOUNTING SOFTWARE 69 69 0  
    WINDOWS 7 ULTIMATE AND UPGRADE SOFTWARE 397 397 0  
    MAGESCO SOFTWARE 30 30 0  
    MICROSOFT OFFICE 2010 SOFTWARE 120 120 0  
    DESKTOP 1,023 1,023 0  
    WEBSITE ENHANCEMENT 920 920 0  
    PELICAN CASE 150 150 0  
    CUSTOM MADE COSTUMES 13,236 13,236 0  
    WEBSITE ENHANCEMENT 700 700 0  
    CUSTOM MADE COSTUMES 13,456 13,456 0  
    COSTUMES FOR 10 HAIRY LEGS 6,778 6,778 0  
    COSTUMES FOR MARCHING ORDER/PUNCTUAL EQUILIBRIUM 6,000 6,000 0  
    COSTUMES FOR SOUND SUITS 12,480 12,480 0  
    COSTUME FOR SETTLING SCORES 250 250 0  
    COSTUME FOR TWO TIMERS 650 650 0  
    OFFICE CHAIR 450 369 81  
    MICROPHONES AND SOUND EQUIPMENT 5,567 2,783 2,784  
    COSTUMES FOR MOUTHFUL OF SHOES 4,989 2,495 2,494  
    LAPTOP 707 159 548  


    TY 2020 LegalFeesSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 3,235 0 0 0


    TY 2020 OtherAssetsSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ROYALTY AGREEMENTS 1,015,500 938,000 938,000
    REFUNDABLE EXCISE TAX   2,221 2,221


    TY 2020 OtherDecreasesSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Description Amount
    ROYALTY AGREEMENTS ADJUSTMENT TO APPRAISED VALUE 77,500
    BALANCING ADJUSTMENT 70
    BOOK VERSUS TAX DEPRECIATION DIFFERENCES 153


    TY 2020 OtherExpensesSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING AND PROMOTION 600 0 0 0
    OFFICE EXPENSES 763 0 0 0
    INSURANCE 10,753 0 0 10,753
    INDEPENDENT PERFORMERS 24,450 0 0 24,450
    MEALS AND ENTERTAINMENT 4,927 0 0 4,927
    POSTAGE 297 0 0 238
    COSTUMES 1,946 0 0 1,946
    COMPUTER EXPENSES 512 0 0 0
    VIDEO 841 0 0 841
    BANK AND CREDIT CARD CHARGES 28 0 0 0
    PRODUCTION 23,903 0 0 23,903
    PENALTIES 363 0 0 0


    TY 2020 OtherIncomeSchedule2
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTIES 252,000 252,000 252,000
    PERFORMANCE FEES 14,352   14,352


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 17,068 17,068 17,068 0
    OTHER PROFESSIONAL FEES 767 0 0 767


    TY 2020 TaxesSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 19,954 0 0 19,145
    STATE FILING FEES 275 0 0 0
    FOREIGN TAXES WITHHELD ON INVESTMENT 1,066 1,066 1,066 0
    FEDERAL EXCISE TAX ON NET INVESTMENT INCOME 6,289 0 0 0