| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING/CONSULTING | 179,026 | 0 | 179,026 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESTMENTS | 21,748,202 | 21,748,202 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMPUTER EXPENSES | 3,069 | 0 | 3,069 | |
| DUES AND SUBSCRIPTIONS | 250 | 0 | 250 | |
| EMPLOYEE BENEFITS | 481 | 0 | 481 | |
| INSURANCE | 6,043 | 0 | 6,043 | |
| OFFICE EXPENSES | 6,589 | 0 | 6,589 | |
| PAYROLL TAXES AND PROCESSING FEES | 19,009 | 0 | 19,009 | |
| POSTAGE FREIGHT | 940 | 0 | 940 | |
| PRINTING AND STATIONARY | 8,661 | 0 | 8,661 | |
| RENT | 240,032 | 0 | 240,032 | |
| SALARY AND WAGES | 235,250 | 0 | 235,250 | |
| TRAVEL | 71,507 | 0 | 71,507 | |
| WORKERS COMP | 2,745 | 0 | 2,745 | |
| OTHER INVESTMENT EXPENSES | 118,207 | 45,620 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME - BROADCAST MUSIC, INC | 203 | 203 | 203 |
| ROYALTY INCOME - HIPS ROAD | 2 | 2 | 2 |
| ROYALTY INCOME - G. SCHIRMER, INC | 133 | 133 | 133 |
| ROYALTY INCOME - C.F. PETERS LTD. | 1,567 | 1,567 | 1,567 |
| ROYALTY INCOME - SCHOTT MUSIC GMBH | 47 | 47 | 47 |
| PERSHING-9111 | 25 | 25 | 25 |
| PERSHING-2528 | 3 | 3 | 3 |
| Description | Amount |
|---|---|
| OTHER ADJUSTMENTS | 501,498 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 493,854 | 115,000 | 378,854 | |
| PERSHING FEES | 39,684 | 39,684 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 6,506 | 6,506 | 0 | |
| NY TAX | 750 | 0 | 750 | |
| FEDERAL TAX | 22,000 | 0 | 22,000 |