Lee County Arts Council

“| Other Revenues:, Amount:| Refund of canceled email service., $154|”

“| Grants And Similar Amounts Paid:, Amount:| Grants and similar amounts paid. See Schedule O for details of subgrants and awards., $45077|”

“| Other Expenses:, Amount:| Telecommunications & Internet Services, $1992| Office Supplies, $310| Program Supplies, $182| Furniture Fixtures & Equipment, $558| Dues and Subscriptions, $291| Website & Technology Services, $561| Meals & Entertainment, $44| Marketing & Publicity, $1028| Insurance, $126| Bank & Payment Processing Fees, $8| Other Administrative Expenses 990 Filing Fee; Charitable Solicitation License, $153|”

“| Explanation:, Amount:| The organization files on the cash basis. In prior years fixed assets and related depreciation along with a liability for unpaid federal taxes were reported in error. The organization has confirmed with the Internal Revenue Service that the federal tax was paid and therefore no liability exists. Beginning with the current year these items have been removed. The balance sheet now reflects only cash and other current assets in accordance with cash basis accounting., $-3510|”

“| Explanation:, BOYAmount:, EOYAmount:| Fixed Assets. The organization files on the cash basis. In prior years fixed assets and related depreciation were reported in error. Beginning with the current year this item has been removed. The balance sheet now reflects only cash and other current assets in accordance with cash basis accounting., $3720, $0|”

“| Explanation:, BOYAmount:, EOYAmount:| Federal Tax Liability. A liability for unpaid federal taxes was reported in error. The organization has confirmed with the Internal Revenue Service that the federal tax was paid and therefore no liability exists. Beginning with the current year this item has been removed., $310, $0|”