| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 8,085 | 1,000 | 1,000 | 7,085 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE AND MUNI BONDS | 546,112 | 546,112 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES | 1,668,572 | 1,668,572 |
| EXCHANGE TRADED FUNDS | 387,932 | 387,932 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| OTHER ASSETS | FMV | 143,838 | 143,838 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| COLLECTION OF ART | 5,512,175 | 5,530,375 | 5,530,375 |
| Description | Amount |
|---|---|
| PRIOR YEAR EXPENSES | 7,637 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 565 | 0 | 0 | 565 |
| INSURANCE | 15,560 | 0 | 0 | 15,560 |
| OFFICE EXPENSES | 13,384 | 0 | 0 | 13,384 |
| SUPPLIES | 1,036 | 0 | 0 | 1,036 |
| IT EXPENSES | 4,255 | 0 | 0 | 4,255 |
| ART HANDLING | 8,796 | 0 | 0 | 8,796 |
| APPRAISAL | 1,000 | 0 | 0 | 1,000 |
| CONSERVATION | 17,117 | 0 | 0 | 17,117 |
| FRAMING | 3,248 | 0 | 0 | 3,248 |
| PHOTOGRAPHY | 1,250 | 0 | 0 | 1,250 |
| OTHER BUSINESS EXPENSES | 1,666 | 0 | 0 | 1,666 |
| Description | Amount |
|---|---|
| CHANGE IN VALUE OF INVESTMENTS | 402,769 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CUSTODIAL FEES | 24,306 | 24,306 | 24,306 | 0 |
| DIRECTOR FEES | 78,539 | 0 | 0 | 78,539 |
| LEGAL FEES | 1,097 | 0 | 0 | 1,097 |
| OTHER PROFESSIONAL FEES | 2,665 | 0 | 0 | 2,665 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 390 | 390 | 390 | 0 |
| TAXES | 800 | 0 | 0 | 800 |