Badgerland Water Ski Shows Inc

“Type of Organization -”

“Badgerland Waterski Shows, Inc. originally received exempt”

“status under Section 501 (c) (4) of the Internal Revenue Code.”

“Subsequently, Badgerland has become a Chartered Explorer Post of the Boy”

“Scouts of America and in January,1999 was granted exempt status”

“under Section 501 (c) (3).”

“Statement of program accomplishments as an exempt organization”

“under Section 501(c)(3) of the Internal Revenue Code:”

“a. Badgerland is organized exclusively for the charitable and”

“educational purpose of educating individual of the appropriate”

“techniques, rules, regulations and safety involved in the”

“sports of water skiing and boating within the intendment of”

“Section 501(c)(3)of the Internal Revneu Code. It promotes the sport”

“of water skiing and interest therein. It teaches techniques”

“of water skiing, pomotes exhibitions of water skiing and”

“in general does things which will be beneficial to the sport”

“of water skiing, water safety, and matters incedental thereto.”

“b. In connection with the above, Baderland conducts practices, teaching sessions”

“and exhibitions primarily aimed at teaching individuals and the”

“general public about water skiing and boating. Badgerlands competiton”

“in the Wisconsin and National Amateur Water Ski Show Tournaments offers both”

“the incentive to learn more about water skiing and boating and the opportunity”

“to demonstrate acquired skills.”

“c. Various social functions are held with costs being borne”

“by participating members. No member is compensated for any services.”

“All funds are used as indicated above.”

“d. Fund raising activities are not reported on form 990T because they are”

“either not carried on regularly and/or are from an activity”

“where labor is a material income producing factor and no one”

“is paid for the work performed.”

“Advertising 1979.”

“Bank Fees 433.”

“Costume & Choreography Expense 787.”

“Dues 230.”

“Equipment & Supplies 3936.”

“Equipment Storage Expense 3054.”

“Gas & Oil 4773.”

“Insurance 16911.”

“Interest Expense 2252.”

“License & Registrations 536.”

“Maintenance & Repairs 21309.”

“Mileage Reimbursement 2002.”

“Music & Prop Expense 404.”

“Office Expense 216.”

“Site Costs 848.”

“Tournament Entry Fees 1312.”

“Other Equipment Costs 0.”

“Depreciation 15973.”

“Other Admin Fees 60.”

“Auto 0. 0.”

“Machinery & Equipment 6365. 5956.”

“Miscellaneous 36528. 19246.”

“Non-Inventory Motors 56125. 64466.”

“Sound Equipment 769. 5453.”

“Trailers 603. 362.”

“Donations Due 250.”

“Peoples Bank Loan 0. 54.”

“Loan Payable - Coraggios 5000. 0.”