| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 896 | 0 | 0 | 896 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| LOAN FEES | 2019-08-15 | 1,502 | 1,025 | 5 | 300 | 0 | 0 | 1,325 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 664 666 2ND AVE | 2003-12-31 | 790,028 | 377,288 | SL | 39 | 20,257 | 0 | 0 | |
| DUMPSTER | 2003-12-31 | 719 | 719 | SL | 10 | 0 | 0 | 0 | |
| TABLES OVEN ETC | 2004-03-12 | 2,365 | 2,365 | SL | 10 | 0 | 0 | 0 | |
| BOOKCASES | 2004-06-04 | 538 | 538 | SL | 10 | 0 | 0 | 0 | |
| FURNITURE | 2004-07-26 | 1,674 | 1,674 | SL | 10 | 0 | 0 | 0 | |
| PICTURE RESTORATION | 2004-10-07 | 3,000 | 3,000 | SL | 10 | 0 | 0 | 0 | |
| BUILDING DESIGN | 2004-07-22 | 465 | 450 | SL | 10 | 0 | 0 | 0 | |
| CONCRETE AND MASONRY | 2005-11-09 | 33,365 | 14,319 | SL | 40 | 834 | 0 | 0 | |
| ARCHITECT FEES | 2005-02-01 | 3,363 | 1,506 | SL | 40 | 84 | 0 | 0 | |
| HAZARD HOUSE | 2005-10-12 | 6,130 | 2,643 | SL | 40 | 153 | 0 | 0 | |
| BUILDING ROOF AND HEATING UNITS | 2009-06-15 | 73,480 | 24,953 | SL | 40 | 1,837 | 0 | 0 | |
| FLAT SCREEN TV | 2011-07-14 | 1,810 | 1,810 | SL | 10 | 0 | 0 | 0 | |
| NEW COMPUTER | 2011-08-18 | 3,651 | 3,651 | SL | 10 | 0 | 0 | 0 | |
| OFFICE FURNITURE | 2012-01-01 | 7,507 | 7,507 | SL | 10 | 0 | 0 | 0 | |
| MUSEUM LIGHTING | 2012-07-02 | 4,982 | 1,316 | SL | 39 | 128 | 0 | 0 | |
| TELEVISION | 2013-02-12 | 204 | 201 | SL | 10 | 3 | 0 | 0 | |
| CHAIRS | 2013-07-02 | 3,951 | 3,753 | SL | 10 | 198 | 0 | 0 | |
| REFRIGERATOR | 2013-05-08 | 1,550 | 1,498 | SL | 10 | 52 | 0 | 0 | |
| FIRE SAFTEY SIMULATOR | 2013-09-07 | 1,485 | 1,386 | SL | 10 | 99 | 0 | 0 | |
| GARAGE DOOR | 2014-04-03 | 1,950 | 428 | SL | 40 | 49 | 0 | 0 | |
| AIR CLIMATE CONTROL HVAC 2014 | 2014-06-12 | 26,617 | 5,710 | SL | 40 | 665 | 0 | 0 | |
| PARKING LOT | 2014-11-24 | 10,500 | 4,244 | SL | 20 | 525 | 0 | 0 | |
| HAND PUMP DISPLAY EAST GALLERY | 2014-04-08 | 3,000 | 2,625 | SL | 10 | 300 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND BUILDING AND EQUIP | 982,334 | 488,768 | 493,566 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LOAN FEES | 477 | 177 | 177 |
| Description | Amount |
|---|---|
| OTHER YEAR OVER YEAR ADJUSTMENTS | 2,835 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUILDING INSURANCE | 7,440 | 0 | 7,440 | 7,440 |
| BUILDING REP AND MAINT | 4,783 | 0 | 4,783 | 4,783 |
| DIRECTORS INSURANCE | 1,560 | 0 | 1,560 | 1,560 |
| DUES AND LICENSES | 1,903 | 0 | 1,903 | 1,903 |
| MARKETING AND ADVERTISING | 4,969 | 0 | 4,969 | 4,969 |
| MN HS GRANTS | 79,546 | 0 | 79,546 | 79,546 |
| OFFICE SUPPLIES | 322 | 0 | 322 | 322 |
| COGS AND SUPPLIES | 2,666 | 0 | 2,666 | 2,666 |
| TELEPHONE AND INTERNET | 2,962 | 0 | 2,962 | 2,962 |
| UTILITIES | 11,054 | 0 | 11,054 | 11,054 |
| MN ATTORNEY GENERAL | 50 | 0 | 50 | 50 |
| BANK FEES | 142 | 0 | 142 | 142 |
| PEST CONTROL AND ALARM | 893 | 0 | 893 | 893 |
| SECURITY EQUIPMENT | 925 | 0 | 925 | 925 |
| COMMUNITY OUTREACH | 200 | 0 | 200 | 200 |
| INSURANCE COMM AUTO | 94 | 0 | 94 | 94 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BIRTHDAY RIDES | 4,739 | 0 | 4,739 |
| GATE RECEIPTS | 8,553 | 0 | 8,553 |
| PRODUCT SALES | 5,423 | 0 | 5,423 |
| RENTAL RECEIPTS | 4,716 | 0 | 4,716 |
| MEMBERSHIP DUES - ASSESSMENTS | 3,285 | 0 | 3,285 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| NORTH AMERICAN BANKING CO LOAN | 10,008 | 0 |