Gateway Mens Chorus

“Pt.I, line 8 - The advertising revenue is from advertising in concert and fundraiser programs. The revenue is more for support/sponsorship for the organization rather than actual advertising of a commercial nature. The number of individuals who receive the programs at the events is limited, most likely fewer than if the same amount was spent on commercial advertising such as mailers or in newspapers. The reason for soliciting the revenue isn't to be in competition with a for-profit business for the ad revenue. The messages don't include price information or other promotional info that would be considered commercial advertising. In some cases volunteers solicit the revenue. Due to these factors it appears that the revenue is not subject to Unrelated Business Taxable Income and a 990-T is not required.”

“Program advertising - by volunteers 3200.”

“Raffles at concerts 2685.”

“Miscellaneous 1974.”

“Music and royalties 7887.”

“Concert facilities rent 3942.”

“Concert production costs 6231.”

“Bank and credit card charges 2670.”

“Dues 607.”

“Meals - meetings/concerts 678.”

“Other 1373.”

“Advertising for concerts 10441.”

“Insurance - directors and officers 464.”

“Information technology 2574.”

“Office expenses 3431.”

“Travel 2920.”

“Interest 1025.”

“Staff training 621.”

“Payroll processing 707.”

“Unrealized gain on investments 517.”

“Pledges and accounts receivable 35337. 24403.”

“Equipment, net of depreciation 0. 0.”

“Rent deposit 496. 496.”

“Investments, at FMV 28423. 30389.”

“Accounts payable 13783. 11024.”

“Advance on line of credit 9000. 9000.”

“Dues”

“Education”

“Other”