| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 90,060 | 9,006 | 9,006 | 81,054 |
| 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 | 2006-12-31 | 2,056 | 2,056 | SL | 7.000000000000 | 0 | 0 | 0 | |
| TV, CABLES, STANDS | 2016-09-17 | 9,268 | 9,268 | SL | 5.000000000000 | 0 | 0 | 0 | |
| FURNITURE | 2006-12-31 | 4,381 | 4,381 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FURNITURE | 2012-08-07 | 2,844 | 2,844 | SL | 7.000000000000 | 0 | 0 | 0 | |
| CHAIRS | 2012-10-26 | 1,284 | 1,284 | SL | 7.000000000000 | 0 | 0 | 0 | |
| COMPUTERS | 2006-12-31 | 16,450 | 16,450 | SL | 5.000000000000 | 0 | 0 | 0 | |
| EXHIBIT SCREENS | 2017-06-23 | 30,511 | 30,511 | SL | 5.000000000000 | 0 | 0 | 0 | |
| AUDIO SYSTEM | 2017-10-31 | 17,346 | 17,346 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTERS | 2017-11-05 | 2,161 | 2,161 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTERS | 2018-05-31 | 2,328 | 2,258 | SL | 5.000000000000 | 70 | 0 | 0 | |
| LAPTOP | 2020-06-27 | 3,368 | 1,679 | SL | 5.000000000000 | 672 | 0 | 0 | |
| LAPTOP | 2020-09-18 | 2,247 | 999 | SL | 5.000000000000 | 444 | 0 | 0 | |
| LAPTOP | 2023-08-31 | 1,878 | SL | 5.000000000000 | 124 | 0 | 0 | ||
| WEB APPLICATION | 2020-09-30 | 1,170,958 | 878,229 | SL | 3.000000000000 | 292,729 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 2,056 | 2,056 | 0 | |
| TV, CABLES, STANDS | 9,268 | 9,268 | 0 | |
| FURNITURE | 4,381 | 4,381 | 0 | |
| FURNITURE | 2,844 | 2,844 | 0 | |
| CHAIRS | 1,284 | 1,284 | 0 | |
| COMPUTERS | 16,450 | 16,450 | 0 | |
| EXHIBIT SCREENS | 30,511 | 30,511 | 0 | |
| AUDIO SYSTEM | 17,346 | 17,346 | 0 | |
| COMPUTERS | 2,161 | 2,161 | 0 | |
| COMPUTERS | 2,328 | 2,328 | 0 | |
| LAPTOP | 3,368 | 2,351 | 1,017 | |
| LAPTOP | 2,247 | 1,443 | 804 | |
| LAPTOP | 1,878 | 124 | 1,754 | |
| WEB APPLICATION | 1,170,958 | 1,170,958 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 49,585 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AWARDS & STIPENDS | 3,715 | 0 | 0 | 3,715 |
| BUILDING MAINTENANCE | 720 | 0 | 0 | 720 |
| DUES, SUBSCRIPTIONS, MEMBERSHIPS | 39,047 | 0 | 0 | 39,047 |
| INSURANCE | 19,044 | 0 | 0 | 19,044 |
| SHIPPING, FREIGHT & DELIVERY | 463 | 0 | 0 | 463 |
| SUPPLIES | 3,125 | 0 | 0 | 3,125 |
| BANK CHARGES | 175 | 175 | 175 | 0 |
| SMALL EQUIPMENT | 2,052 | 0 | 0 | 2,052 |
| LICENSES & PERMITS | 246 | 0 | 0 | 246 |
| EMPLOYEE REIMBURSEMENT | 831 | 0 | 0 | 831 |
| EMPLOYEE APPRECIATION | 2,630 | 0 | 0 | 2,630 |
| 403B PLAN ADMINISTRATION EXPENSE | 2,268 | 0 | 0 | 2,268 |
| HIRING EXPENSES | 59,520 | 0 | 0 | 59,520 |
| OTHER EXPENSE | 68 | 0 | 0 | 68 |
| INSTALLATION COSTS | 2,520 | 0 | 0 | 2,520 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SETTLEMENT INCOME | 13,109 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL SERVICES | 3,118 | 0 | 0 | 3,118 |
| CONSULTING | 122,467 | 0 | 0 | 122,467 |
| SOFTWARE MAINTENANCE | 194,040 | 0 | 0 | 194,040 |
| TEACHING ARTISTS, EDUCATORS, COMM. PHOTOGRAPHERS, CURATORS | 85,000 | 0 | 0 | 85,000 |
| MARKETING/WEBSITE/SOCIAL MEDIA/PR | 4,000 | 0 | 0 | 4,000 |
| OTHER PROFESSIONAL FEES | 100,165 | 0 | 0 | 100,165 |
| HUMAN RESOURCES | 1,702 | 0 | 0 | 1,702 |