| 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 | 2017-11-01 | 1,387,739 | 219,425 | M39 | 35,582 | ||||
| LAND | 2017-11-01 | 414,211 | L | ||||||
| IMPROVEMENTS | 2017-11-01 | 25,305 | 4,002 | M39 | 649 | ||||
| METAL ART SIGN | 2017-12-01 | 5,737 | 894 | M39 | 147 | ||||
| IMPROVEMENTS | 2018-01-01 | 3,470 | 537 | M39 | 89 | ||||
| IMPROVEMENTS | 2018-01-01 | 9,628 | 1,472 | M39 | 247 | ||||
| IMPROVEMENTS | 2018-01-21 | 10,410 | 1,591 | M39 | 267 | ||||
| IMPROVEMENTS | 2018-04-08 | 11,821 | 1,722 | M39 | 303 | ||||
| IMPROVEMENTS | 2019-04-15 | 5,957 | 720 | M39 | 153 | ||||
| IMPROVEMENTS | 2019-05-08 | 7,000 | 828 | M39 | 179 | ||||
| IMPROVEMENTS | 2019-05-12 | 5,444 | 647 | M39 | 140 | ||||
| IMPROVEMENTS | 2019-06-10 | 4,835 | 563 | M39 | 124 | ||||
| IMPROVEMENTS | 2019-07-08 | 6,462 | 740 | M39 | 166 | ||||
| IMPROVEMENTS | 2019-07-25 | 9,475 | 1,083 | M39 | 243 | ||||
| IMPROVEMENTS | 2019-08-22 | 1,135 | 127 | M39 | 29 | ||||
| IMPROVEMENTS | 2019-11-07 | 5,546 | 586 | M39 | 142 | ||||
| IMPROVEMENTS | 2020-01-21 | 62,135 | 6,308 | M39 | 1,593 | ||||
| IMPROVEMENTS | 2020-03-11 | 67,826 | 6,596 | M39 | 1,739 | ||||
| IMPROVEMENTS | 2022-01-11 | 3,419 | 172 | M39 | 88 | ||||
| IMPROVEMENTS | 2022-03-29 | 9,097 | 418 | M39 | 233 | ||||
| IMPROVEMENTS | 2023-05-04 | 20,350 | 327 | M39 | 522 | ||||
| IMPROVEMENTS | 2024-08-13 | 8,889 | M39 | 86 | |||||
| IMPROVEMENTS | 2024-09-06 | 14,357 | M39 | 108 | |||||
| IMPROVEMENTS | 2024-12-12 | 45,676 | M39 | 49 | |||||
| IMPROVEMENTS | 2024-04-29 | 4,138 | M39 | 75 | |||||
| BUILDING | 2024-11-01 | 546,185 | M39 | 1,753 | |||||
| LAND | 2024-11-01 | 484,353 | L | ||||||
| IMPROVEMENTS | 2024-11-01 | 24,467 | M39 | 79 | |||||
| IMPROVEMENTS | 2024-11-01 | 6,500 | M39 | 21 | |||||
| IMPROVEMENTS | 2024-11-01 | 6,838 | M39 | 22 | |||||
| IMPROVEMENTS | 2024-11-01 | 16,427 | M39 | 53 | |||||
| IMPROVEMENTS | 2024-11-01 | 1,916 | M39 | 6 | |||||
| IMPROVEMENTS | 2024-11-01 | 3,314 | M39 | 11 | |||||
| DISALLOWED ACTIVIT | 2024-11-01 | 296,882 | M39 | 953 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MARKETABLE SECURITIES |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SCULPTURE | 77,465 | 83,202 | 83,202 |
| DEPOSIT | 225 | 740 | 740 |
| Description | Amount |
|---|---|
| 2024 UNREALIZED LOSS | 21,188 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUTOMOBILE | 362 | 362 | ||
| INSURANCE | 31,905 | 31,905 | ||
| OFFICE EXPENSE | 10,810 | 10,810 | ||
| PROMOTION | 3,965 | 3,965 | ||
| WEBSITE | 4,887 | 4,887 | ||
| BANK CHARGES | 267 | 267 | ||
| PAYROLL COSTS | 5,186 | 5,186 | ||
| MEALS | 8,882 | 8,882 | ||
| GIFTS | 208 | 208 | ||
| WORKSHOPS | 62,752 | 62,752 | ||
| OUTSIDE SERVICES | 2,867 | 2,867 | ||
| DUES AND SUBSCRIPTIONS | 1,406 | 1,406 | ||
| POSTAGE | 292 | 292 | ||
| RESEARCH | 137 | 137 | ||
| TELEPHONE | 2,655 | 2,655 | ||
| UTILITIES | 679 | 679 |
| Description | Amount |
|---|---|
| DISALLOWED PASSIVE ACTIVITY LOSS FROM | 296,882 |
| DONOR | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO BARKER MANAGEMENT | 14,501 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 1,113 | 1,113 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES - PAYROLL | 10,716 | 10,716 | ||
| TAXES & LICENSES | 10 | 10 | ||
| TAXES - FOREIGN | 13 | 13 |