| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE AND FIXTURES | 2024-07-01 | 1,738 | 200DB | 7.000000000000 | 248 | ||||
| LEASEHOLD IMPROVEMENT | 2024-07-01 | 378,052 | SL | 39.000000000000 | 4,443 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LEASEHOLD IMPROVEMENTS | 378,052 | 4,443 | 373,609 | |
| FURNITURE & FIXTURES | 1,738 | 248 | 1,490 | |
| REAL ESTATE - LAND | 1,800,000 | 0 | 1,800,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE | 4,633 | 4,633 | ||
| CONTRIBUTING ARTIST | 38,759 | 38,759 | 38,759 | |
| ADVERTISING/MARKETING | 4,985 | 4,985 | ||
| ARTIST COMMISSIONS | 2,780 | 2,780 | 2,780 | |
| VEHICLE EXPENSE | 551 | 551 | 551 | |
| QUICKBOOKS PAYMENT FEES | 55 | 56 | ||
| MEALS | 399 | 399 | ||
| FUNDRAISING FEES | 22,600 | 22,600 | 22,600 | |
| ART FELLOWSHIP SCHOLARSHIP | 15,000 | 15,500 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER PROGRAM SERVICES | 90,665 | 82,116 |
| Description | Amount |
|---|---|
| ADJUST 2023 BANK BALANCE REPORTED SHORT | 5 |