| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MARKETABLE SECURITIES NET OF MARGIN LOAN | 399,034 | 446,796 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Art Collection | 1,116,275 | 1,116,275 | 1,116,275 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REPAIRS AND MAINTENANCE | 7,937 | 0 | 0 | 7,937 |
| MARKETING | 15,895 | 0 | 0 | 0 |
| BANK FEES | 150 | 0 | 0 | 0 |
| SOFTWARE LICENSE FEES | 316 | 0 | 0 | 0 |
| MARKETING AND FUNCTIONS | 15,895 | 0 | 0 | 0 |
| TELEPHONE | 3,699 | 0 | 0 | 0 |
| MEALS | 11,772 | 0 | 0 | 0 |
| OFFICE SUPPLIES | 36 | 0 | 0 | 0 |
| PARKING | 286 | 0 | 0 | 0 |
| TRAVEL | 9,943 | 0 | 0 | 0 |
| GAS | 474 | 0 | 0 | 0 |
| POSTAGE AND FREIGHT | 6 | 0 | 0 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED CAPITAL GAINS INCLUDED IN BOOK BALANCE IN PREVIOUS YEARS | 55,591 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LOCAL TAX AND LICENSE | 30 | 0 | 0 | 0 |