| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| WEB SITE DEVELOPMENT | 11,000 | 0 | 11,000 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID EXPENSE | 0 | 5,268 | 5,268 |
| SECURITY DEPOSIT | 0 | 1,400 | 1,400 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACTOR SERVICES | 43,254 | 0 | 0 | 0 |
| OFFICE SUPPLIES AND EXPENSE | 1,990 | 0 | 0 | 0 |
| EXHIBIT EXPENSE | 41,937 | 0 | 0 | 0 |
| INSURANCE | 286 | 0 | 0 | 0 |
| MEALS | 5,733 | 0 | 0 | 0 |
| MEMBERSHIPS | 70 | 0 | 0 | 0 |
| WEBSITE | 3,142 | 0 | 0 | 0 |
| BANK FEES | 182 | 0 | 0 | 0 |
| TRAVEL | 6,728 | 0 | 0 | 0 |
| RENT & UTILITIES | 6,222 | 0 | 0 | 0 |
| ARTISTS EXPENSE | 37,858 | 0 | 0 | 0 |
| PAYROLL TAX EXPENSE | 4,896 | 0 | 0 | 0 |