Bellefonte Art Museum for Centre County

“Form 990-ez, part i, line 4, other investment income: description of property: amount: interest income 40.”

“Form 990-ez, part i, line 14, occupancy, rent, utilities, and maintenance: description of expenses: amount: depreciation 2,902 other expenses 15,521 total to form 990-ez, line 14 18,423”

“Form 990-ez, part i, line 16 other expenses: description of other expenses: amount: artist proceeds 19,879 bank & paypal fees 626 education & exhibit expenses 19,061 hospitality & fund raising 17,462 insurance expense 2,090 licenses & registrations 306 payroll taxes 5,290 public relations & advertising 32,965 supplies 3,806 total to form 990-ez, line 16 101,484”

“Form 990-ez, part ii, line 24, other assets: description beg. Of year end of year prepaid expenses 0. 0. Artwork 2,500 2,500 other depreciable assets 22,428 19,526 total to form 990-ez, line 24 24,928 22,026”

“Form 990-ez, part ii, line 26, other liabilities: description beg. Of year end of year payroll liabilities 1,758 1,583”

“Form 990-ez, part iii, primary exempt purpose - to promote the visual arts, stimulate curiosity, imagination and creativity, and to promote lively and thoughtful participation. Te musuem focuses on the works of local artists, cultural art (art with historical and cultural context) and local collections.”

“Form 990-ez, part v, information regarding personal benefit contracts: the organization did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit contract. The organization, did not, during the year, pay any premiums, directly, or indirectly, on a personal benefit contract.”

“Form 990-ez, part i, line 20, regarding other changes in net assets or fund blances: adjustment for prior year ending net assets.”

“SEE SCHEDULE O 101483.”

“Depreciation 2902.”