| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Tax return preparation | 2,270 | 2,270 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Building | 2010-01-12 | 517,500 | 172,497 | AltMACRS SL | 13,248 | ||||
| Improvements | 2010-01-12 | 116,175 | 38,727 | AltMACRS SL | 2,965 | ||||
| Building | 2010-01-12 | 517,500 | 172,497 | AltMACRS SL | 13,248 | ||||
| Improvements | 2010-01-12 | 116,175 | 38,727 | AltMACRS SL | 2,965 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Building | 2010-01-12 | 517,500 | 172,497 | AltMACRS SL | 13,248 | ||||
| Improvements | 2010-01-12 | 116,175 | 38,727 | AltMACRS SL | 2,965 | ||||
| Building | 2010-01-12 | 517,500 | 172,497 | AltMACRS SL | 13,248 | ||||
| Improvements | 2010-01-12 | 116,175 | 38,727 | AltMACRS SL | 2,965 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Buildings and Land | 965,271 | 231,532 | 463,739 | 692,175 |
| Description | Amount |
|---|---|
| Rounding | 1 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Selling costs | 8,796 | 8,796 | ||
| Insurance | 1,947 | 1,947 | ||
| State filing fees | 15 | 15 | ||
| Office expenses | 3,967 | 3,967 | ||
| Postage | 968 | 968 | ||
| Repairs maintence | 4,060 | 4,060 | ||
| Shipping | 603 | 603 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Museum curator fees | 42,680 | 42,680 | ||
| Web site development fees | 23,700 | 23,700 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Museum Toby Jugs | 28,453 | 11,406 | 17,047 |
| Name | Address |
|---|---|
| CAROL MULLINS |
900 Chicago Ave Ste 105 Evanston,IL60202 |