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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
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)

(646) 226-0995
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$3,318,776J 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) 77,797
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 58,208 58,208 58,208
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 166,416
b Gross sales price for all assets on line 6a 760,399
7 Capital gain net income (from Part IV, line 2)... 166,416
8 Net short-term capital gain......... 20,658
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)....... Click to see attachment 251,655 229,500 251,655
12 Total. Add lines 1 through 11........ 554,076 454,124 330,521
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 203,917 0 0 191,387
14 Other employee salaries and wages...... 70,475 0 0 70,475
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 46,175 0 0 0
c Other professional fees (attach schedule).... Click to see attachment 23,578 19,644 19,644 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 26,688 924 924 18,779
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,737 0 2,737
20 Occupancy..............        
21 Travel, conferences, and meetings....... 42,577 0 0 42,577
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 134,950 0 0 132,268
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 551,097 20,568 23,305 455,486
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 551,097 20,568 23,305 455,486
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,979
b Net investment income (if negative, enter -0-) 433,556
c Adjusted net income (if negative, enter -0-)... 307,216
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 34,208 30,778 30,778
2 Savings and temporary cash investments......... 200,471 43,358 43,358
3 Accounts receivable bullet6,130
Less: allowance for doubtful accounts bullet     6,130 6,130
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) bullet16,600
Less: allowance for doubtful accounts bullet0 0 16,600 16,600
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 40,253 Click to see attachment35,577 35,777
b Investments—corporate stock (attach schedule)....... 1,181,378 Click to see attachment1,422,697 1,914,369
c Investments—corporate bonds (attach schedule)....... 344,908 Click to see attachment325,282 330,340
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 200,764 Click to see attachment157,436 210,564
14 Land, buildings, and equipment: basis bullet84,120
Less: accumulated depreciation (attach schedule) bullet72,760 6,524 Click to see attachment11,360 11,360
15 Other assets (describe bullet) Click to see attachment940,221 Click to see attachment719,500 Click to see attachment719,500
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,948,727 2,768,718 3,318,776
Liabilities 17 Accounts payable and accrued expenses.......... 4,612 40,742
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)......... 4,612 40,742
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........... 2,944,115 2,727,976
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)..... 2,944,115 2,727,976
30 Total liabilities and net assets/fund balances (see instructions). 2,948,727 2,768,718
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
2,944,115
2
Enter amount from Part I, line 27a .....................
2
2,979
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,576
4
Add lines 1, 2, and 3 ..........................
4
2,948,670
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
220,694
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,727,976
Form 990-PF (2021)
Form 990-PF (2021)
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 2021-01-01 2021-12-31
b PUBLICLY TRADED SECURITIES P 2020-01-01 2021-12-31
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 207,434   186,776 20,658
b 551,193   407,207 143,986
c 1,772     1,772
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       20,658
b       143,986
c       1,772
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 2 166,416
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 20,658
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 6,026
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 6,026
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 2,200
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 6,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 8,200
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 79
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 2,095
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet2,095 RefundedBullet 11 0
Part VI-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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 (646) 226-0995

    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
     
     
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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     		141,269 0 0
    131 PERRY STREET 1A
    NEW YORK,NY10014
    JEFFREY A KAZIN VICE-PRESIDENT, TREASURER
    40.00     		62,648 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 (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 VIII-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. 455,488
    2  
    3  
    4  
    Part VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    2,397,691
    b
    Average of monthly cash balances.......................
    1b
    127,457
    c
    Fair market value of all other assets (see instructions)................
    1c
    828,750
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,353,898
    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
    3,353,898
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    50,308
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    3,303,590
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    165,180
    Part X
    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 IX, line 6..................
    1
     
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    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 XII, line 1 ...
    7
     
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7  
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$  
    a Applied to 2020, 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 2021 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		 
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
    165,180 156,532 167,534 0 489,246
    b 85% (0.85) of line 2a ......... 140,403 133,052 142,404 0 415,859
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		455,486 363,449 555,148 0 1,374,083
    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 ....     		455,486 363,449 555,148 0 1,374,083
    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 IX, line 6 for each year listed ..     		110,120 104,355 111,689 0 326,164
    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 XIV
    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 (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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 (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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
    a
    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 ....          
    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 .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 166,416  
    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) .. 0 454,124 22,155
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    476,279
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    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
    2021
    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) (2021)
    Schedule B (Form 990) (2021) 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
    DEPARTMENT OF CULTURAL AFFAIRS
     
    31 CHAMBERS STREET
     
    NEW YORK, NY10007

    		$ 18,000


    (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) (2021)
    Schedule B (Form 990) (2021)
    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) (2021)
    Schedule B (Form 990) (2021)
    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) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 46,175 0 0 0

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

    TY 2021 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 6,778 SL 5.000000000000 0 0 0  
    COSTUMES FOR MARCHING ORDER/PUNCTUAL EQUILIBRIUM 2015-02-28 6,000 6,000 SL 5.000000000000 0 0 0  
    COSTUMES FOR SOUND SUITS 2015-05-05 12,480 12,480 SL 5.000000000000 0 0 0  
    COSTUME FOR SETTLING SCORES 2015-05-10 250 250 SL 5.000000000000 0 0 0  
    COSTUME FOR TWO TIMERS 2015-05-30 650 650 SL 5.000000000000 0 0 0  
    OFFICE CHAIR 2016-07-13 450 144 SL 7.000000000000 32 0 64  
    MICROPHONES AND SOUND EQUIPMENT 2018-07-01 5,567 2,783 SL 5.000000000000 1,113 0 1,113  
    COSTUMES FOR MOUTHFUL OF SHOES 2018-07-01 4,989 2,495 SL 5.000000000000 998 0 998  
    LAPTOP 2019-12-02 707 159 SL 5.000000000000 141 0 141  
    PRINTER 2021-03-25 180   SL 5.000000000000 32 0 27  
    DESKTOP 2021-07-08 1,045   SL 5.000000000000 78 0 105  
    COSTUMES 2021-07-01 1,500   SL 5.000000000000 113 0 150  
    COSTUMES - VELCRO SUITS 2021-11-11 3,019   SL 5.000000000000 75 0 101  
    TAP FLOOR MATS 2021-08-31 1,866   SL 5.000000000000 140 0 124  
    MICROPHONES 2021-12-14 600   SL 5.000000000000 15 0 10  

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIDELITY ADVISOR TOTAL BOND 99,659 102,276
    M&T BK CORP NOTE 15,052 15,108
    FIFTH THIRD BANCORP BOND 18,155 18,929
    HANMI FINL CORP NOTE 20,263 20,137
    SIMON PPTY GROUP NOTE 21,374 21,465
    SIMMONS FIRST NATL CORP 12,191 12,403
    VALLEY NATL BANCORP NOTE 9,009 9,745
    TRUSTMARK CORP NOTE 6,009 6,137
    SVB FINANCIAL GROUP BOND PERPETUAL 12,100 11,868
    SPRINT NEXTEL CORP BOND FORMERLY TMOBILE 12,264 12,255
    ARES CAPITAL CORP NOTE CALL MAKE WHOLE 22,186 22,142
    EXPEDIA GROUP INC SER B NOTE 22,063 22,254
    SARATOGA INVT CORP NOTE CALL MAKE WHOLE 10,100 10,218
    HANNI FNL CORP NOTE 15,010 15,256
    HOPE BANCORP INC BOND 29,847 30,147

    TY 2021 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 43,911
    ABBVIE INC COM 9,599 19,227
    AIR PRODUCTS & CHEM 11,037 21,298
    APPLE INC 8,835 36,935
    APTARGROUP INC 6,365 10,166
    AUTOMATIC DATA PROCESSING INC 17,985 32,055
    CMS ENERGY CORP 19,132 23,743
    CHESAPEAKE UTILS CORP 4,754 8,603
    CONSTELLATION BRANDS INC CL A 25,501 30,367
    FISERV INC 44,850 61,963
    GALLAGHER ARTHUR J & CO 7,649 18,155
    HENRY JACK & ASSOC INC 32,432 35,736
    HOME DEPOT INC COM 6,412 14,940
    HORMEL FOODS CORP 27,367 35,680
    JOHNSON & JOHNSON 28,629 46,018
    MCCORMICK & CO INC COM NOM 28,961 42,025
    NESTLES A SPONSORED ADR 8,491 14,966
    NORFOLK SOUTHERN CRP 20,257 31,260
    PEPSICO INC 19,656 26,751
    ROYAL BANK OF CANADA COM NPV 22,442 30,781
    STOCK YDS BANCORP INC 29,066 49,251
    TORONTO - DOMINION BANK COM 24,038 33,739
    UNION PACIFIC CORP 20,882 29,728
    SHERWIN WILLIAMS CON 8,681 27,468
    EVERSOURCE ENERGY COM 8,815 11,191
    HONEYWELL INTL INC 7,665 11,468
    MICROSOFT CORP 13,750 44,394
    PFIZER INC 25,347 46,236
    SANDY SPRING BANCORP INC 34,540 50,532
    CHUBB LIMITED (FORMERLY ACE LTD) 14,695 21,651
    CDW CORP COM 14,785 28,464
    COMCAST CORP NEW CL A 17,749 24,360
    NOVARTIS A G SPONSORED ADR 20,673 26,503
    UNITED HEALTH GROUP 27,288 62,265
    COHEN & STEERS LOW DUR PRFD & INCOME 17,674 17,522
    ANTHEM INC 16,330 28,276
    EOG RESOURCES 17,711 27,804
    FIDELITY NATIONAL INFORMATION SERVICE 24,476 24,340
    MTU AERO ENGINES AG UNSP ADR 16,691 17,545
    VISA INC 12,690 18,420
    MASTERCARD INC CL A 12,236 19,763
    SAP SE SPON ADR 32,114 39,931
    CVS HEALTH CORP 27,690 47,660
    MERCK & CO 31,215 30,579
    CHEVRON CORP NEW COM 14,385 15,138
    LAKELAND FINANCIAL CORP COM 11,515 19,714
    US BANCORP DEL COM NEW 12,489 19,491
    ATT INC 23,299 15,203
    BOEING CO 4,825 4,429
    FEDEX CORP 6,664 11,897
    FIRST OF LONG ISLAND CORP 21,507 27,376
    NEW JERSEY RES CORP COM 22,227 26,853
    NORTHWESTERN CORP 17,610 16,748
    SIX FLAGS ENTERTAINMENT 5,804 7,281
    STARBUCKS CORP 4,465 6,433
    UNITED PARCEL SERVICE 21,178 29,579
    VERIZON COMMUNICATIONS 23,250 21,148
    B RILEY FINL INC SR NT 6.375% 11,657 12,232
    DIAMONDROCK HOSPITALITY 8.25% 5,403 6,196
    ONTRAK INC SER A PFD 11,947 6,128
    SACHEM CAP CORP 7.75% 11,491 11,819
    ALIBABA GROUP HOLDINGS LTD SPON ADS 61,006 31,955
    FIVE STAR BANCORP COM 27,635 36,570
    METROPOLITAN BK HLDG CORP COM 1,885 2,663
    RPM INTERNATIONAL INC 40,913 47,268
    VERSABANK NEW COM NPV 6,334 7,152
    WORLDLINE UNSP ADR EACH REP 0.5 ORD 36,635 25,192
    ATLANTICUS HOLDINGS CORPO CAL 26,835 27,362
    CHATHAM LODGING TR RED PFD A 7,735 8,192
    EAGLE POINT CREDIT COMPANY INC 6.50 5,310 5,364
    INPOINT COMMERCIAL RE INCM INC 6.75% 14,535 14,551
    LUMENT FINANCE TRUST INC CUM PFD A 20,385 21,492
    PEBBLEBROOK HOTEL TR REDPFD G 15,485 16,255
    SACHEM CAP CORP RED PFD A 14,735 14,984
    SUNSTONE HOTEL INVS INC NEW 6.125 CUM 25 26
    SUNSTONE HOTEL INVESTORS 5.70% 7,085 7,105
    SYNCHRONOSS TECHNOLOGIES INC NT 14,941 14,161
    TPG RE FIN TR INC RED PFD C 12,910 12,446
    TELEPHONE & DATA SYS INC DEP PD SR 22,335 23,754
    TERRA PPTY TR INC CAL 16,534 16,542

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    35,577
    State & Local Government Securities - End of Year Fair Market Value:


    35,777


    TY 2021 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 31,050 37,426
    AMERICAN TOWER CORP COM FMV 26,113 38,318
    COMMUNITY HEALTHCARE TR INC COM FMV 43,175 50,295
    CROWN CASTLE INTL CORP NEW COM FMV 9,412 17,534
    CYRUSONE INC COM FMV 15,807 21,712
    DIGITAL RLTY TRU INC COM FMV 31,879 45,279

    TY 2021 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  
    WEB SITE 2,108 2,108 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  
    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 450 401 49  
    MICROPHONES AND SOUND EQUIPMENT 5,567 3,896 1,671  
    COSTUMES FOR MOUTHFUL OF SHOES 4,989 3,493 1,496  
    LAPTOP 707 300 407  
    PRINTER 180 32 148  
    DESKTOP 1,045 78 967  
    COSTUMES 1,500 113 1,387  
    COSTUMES - VELCRO SUITS 3,019 75 2,944  
    TAP FLOOR MATS 1,866 140 1,726  
    MICROPHONES 600 15 585  


    TY 2021 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 938,000 719,500 719,500
    REFUNDABLE EXCISE TAX 2,221    


    TY 2021 OtherDecreasesSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Description Amount
    ROYALTY AGREEMENTS ADJUSTMENT TO APPRAISED VALUE 218,500
    BOOK VERSUS TAX DEPRECIATION DIFFERENCES 637
    BALANCING ADJUSTMENT 1,557


    TY 2021 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
    OFFICE EXPENSES 1,400 0 0 0
    INSURANCE 7,344 0 0 7,344
    INDEPENDENT PERFORMERS 40,932 0 0 40,932
    MEALS AND ENTERTAINMENT 9,365 0 0 9,365
    POSTAGE 335 0 0 268
    COSTUMES 3,096 0 0 3,096
    COMPUTER EXPENSES 554 0 0 0
    VIDEO 571 0 0 571
    BANK AND CREDIT CARD CHARGES 322 0 0 0
    PRODUCTION 70,662 0 0 70,662
    PENALTIES 339 0 0 0
    APPLICATION FEES 30 0 0 30


    TY 2021 OtherIncomeSchedule2
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTIES 229,500 229,500 229,500
    PERFORMANCE FEES 22,155   22,155


    TY 2021 OtherIncreasesSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Description Amount
    NON TAXABLE DIVIDENDS 1,576


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 19,644 19,644 19,644 0
    OTHER PROFESSIONAL FEES 1,434 0 0 0
    CONSULTING 2,500 0 0 0


    TY 2021 TaxesSchedule
    Name:
    THE BANG GROUP INC
    EIN:
    13-3836585
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 19,738 0 0 18,779
    FOREIGN TAXES WITHHELD ON INVESTMENT 924 924 924 0
    FEDERAL EXCISE TAX ON NET INVESTMENT INCOME 6,026 0 0 0