Learning Center

“Value of land and buildings has not been assessed in a long time. They were purchased in 1973 for $33386.96. In 1989, form 990, they were valued w ith equipment at $84810. I do not posses any later recordds. The 1989 value is somewhat under the inflation adjusted 1973 price. Adjusting for inflation to 2023 fron the 1989 reportedd value would be $199,616. Both building degradation and restoration have occurred. We are in the process of installing hvac. Neither this nor the loss of the old heating system are reflected in the entry pn line 23”

“Grand pianoi, knobe, with ornate woodwork. Assessed (informally) by jackson pianos as worth from $37,000 to $40,000.”

“Note 1: a signifiacte portion of expenses this year support installation of new hvac to provide better program service in the future, including year round availability. Note 2: expenses were prorated by estimated hours of use of our facilities for each listed accomplishment”

“While our exempt purpose remins support of education and the arts, our focus has moved from workshops and materials for teachers (k-12) to making facilities available to performing & visual arts for classes, rehersals and performances and for a broad mind lectures and discussions. I will add that the building itself is herein this is done, is historically signinficant. The restoration we are doing to improve our program service this also serves to produce a historically and architecturally significantt landmark”

“The bylaws govern our organization were modified, but not significantly”

“In this year, we received a donation of a grand piano (value est at $38,500, whihc was neither solicited nor expected, thus considering an unusual grant”