| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 945 | 0 | 0 | 945 |
| 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 | 1,325 | 5 | 177 | 0 | 0 | 1,502 |
| 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 | 397,545 | SL | 39 | 20,256 | 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 | 15,153 | SL | 40 | 834 | 0 | 0 | |
| ARCHITECT FEES | 2005-02-01 | 3,363 | 1,590 | SL | 40 | 84 | 0 | 0 | |
| HAZARD HOUSE | 2005-10-12 | 6,130 | 2,796 | SL | 40 | 153 | 0 | 0 | |
| BUILDING ROOF AND HEATING UNITS | 2009-06-15 | 73,480 | 26,790 | 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 | 1,444 | SL | 39 | 128 | 0 | 0 | |
| TELEVISION | 2013-02-12 | 204 | 204 | SL | 10 | 0 | 0 | 0 | |
| CHAIRS | 2013-07-02 | 3,951 | 3,951 | SL | 10 | 0 | 0 | 0 | |
| REFRIGERATOR | 2013-05-08 | 1,550 | 1,550 | SL | 10 | 0 | 0 | 0 | |
| FIRE SAFTEY SIMULATOR | 2013-09-07 | 1,485 | 1,485 | SL | 10 | 0 | 0 | 0 | |
| GARAGE DOOR | 2014-04-03 | 1,950 | 477 | SL | 40 | 49 | 0 | 0 | |
| AIR CLIMATE CONTROL HVAC 2014 | 2014-06-12 | 26,617 | 6,375 | SL | 40 | 665 | 0 | 0 | |
| PARKING LOT | 2014-11-24 | 10,500 | 4,769 | SL | 20 | 525 | 0 | 0 | |
| HAND PUMP DISPLAY EAST GALLERY | 2014-04-08 | 3,000 | 2,925 | SL | 10 | 75 | 0 | 0 | |
| FURNITURE | 2024-02-20 | 2,675 | 0 | M | 7 | 669 | 0 | 0 | |
| BUILDING ROOF AND HVAC | 2024-12-07 | 69,085 | 0 | SL | 15 | 575 | 0 | 0 | |
| SECURITY CAMERAS AND KEYLESS ENTRY | 2024-12-20 | 4,083 | 0 | M | 5 | 204 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND BUILDING AND EQUIP | 1,059,679 | 516,325 | 543,354 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,000 | 0 | 0 | 1,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LOAN FEES | 177 | 0 | 0 |
| Description | Amount |
|---|---|
| OTHER YEAR OVER YEAR ADJUSTMENTS | 6,152 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUILDING INSURANCE | 7,109 | 0 | 7,109 | 7,109 |
| BUILDING REP AND MAINT | 3,870 | 0 | 3,870 | 3,870 |
| DIRECTORS INSURANCE | 798 | 0 | 798 | 798 |
| DUES AND LICENSES | 1,819 | 0 | 1,819 | 1,819 |
| MARKETING AND ADVERTISING | 4,762 | 0 | 4,762 | 4,762 |
| MN HS GRANTS | 40,564 | 0 | 40,564 | 40,564 |
| OFFICE SUPPLIES | 0 | 0 | 0 | 0 |
| COGS AND SUPPLIES | 838 | 0 | 838 | 838 |
| TELEPHONE AND INTERNET | 2,989 | 0 | 2,989 | 2,989 |
| UTILITIES | 10,077 | 0 | 10,077 | 10,077 |
| MN ATTORNEY GENERAL | 25 | 0 | 25 | 25 |
| BANK FEES | 72 | 0 | 72 | 72 |
| PEST CONTROL AND ALARM | 4,222 | 0 | 4,222 | 4,222 |
| SECURITY EQUIPMENT | 0 | 0 | 0 | 0 |
| COMMUNITY OUTREACH | 0 | 0 | 0 | 0 |
| INSURANCE COMM AUTO | 2,000 | 0 | 2,000 | 2,000 |
| VEHICLE MAINTENANCE | 6,167 | 0 | 6,167 | 6,167 |
| MANAGEMENT SERVICES | 4,880 | 0 | 4,880 | 4,880 |
| MN SALES TAX | 80 | 0 | 80 | 80 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BIRTHDAY RIDES | 7,900 | 0 | 7,900 |
| GATE RECEIPTS | 6,992 | 0 | 6,992 |
| PRODUCT SALES | 3,816 | 0 | 3,816 |
| RENTAL RECEIPTS | 6,745 | 0 | 6,745 |
| MEMBERSHIP DUES - ASSESSMENTS | 2,700 | 0 | 2,700 |
| OTHER | 9,222 | 0 | 9,222 |