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KRISHANAMURTHY TANDON FOUNDATION INC: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
KRISHANAMURTHY TANDON FOUNDATION INC (EIN 04-3744965)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-05-09
IRS object ID
201111299349101621
Schema version
2010v3.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-05-09T14:53:54-07:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BAHARESTANI ZIEGLER AND RITTBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1148 MADISON AVE 11th FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100166700ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN043744965EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1KRISHNAMURTHY TANDON FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlKRISNameControl
Phone2126861400Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O M BAHARESTANI 148 MADISON AVEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10016ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCHANDRIKA TANDONName
TitleDirectorTitle
Date Signed2011-05-09DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameMARTIN BAHARESTANIName
Phone2126861400Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Exempt PFXExemptPF
FMV Assets EOY11898067FMVAssetsEOY
Method Of Accounting AccrualXMethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss4941068ContriReceivedRevAndExpnss
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss752899DividendsRevAndExpnss
Dividends Net Invst Incm752899DividendsNetInvstIncm
Dividends Adj Net Incm752899DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss0NetGainSaleAssetsRevAndExpnss
Other Income Rev And Expnss64318OtherIncomeRevAndExpnss
Other Income Net Invst Incm63365OtherIncomeNetInvstIncm
Other Income Adj Net Incm63365OtherIncomeAdjNetIncm
Total Revenue And Expenses5758285TotalRevenueAndExpenses
Total Net Investment Income816264TotalNetInvestmentIncome
Total Adjusted Net Income816264TotalAdjustedNetIncome
Oth Empl Slrs Wgs Rev And Expnss56784OthEmplSlrsWgsRevAndExpnss
Legal Fees Rev And Expnss2000LegalFeesRevAndExpnss
Accounting Fees Rev And Expnss40847AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm20424AccountingFeesNetInvstIncm
Other Prof Fees Rev And Expnss500OtherProfFeesRevAndExpnss
Taxes Rev And Expnss6377TaxesRevAndExpnss
Taxes Net Invst Incm325TaxesNetInvstIncm
Deprec And Depletion Rev And Expnss2299DeprecAndDepletionRevAndExpnss
Occupancy Rev And Expnss48465OccupancyRevAndExpnss
Occupancy Net Invst Incm9693OccupancyNetInvstIncm
Trav Conf Meeting Rev And Expnss2738TravConfMeetingRevAndExpnss
Other Expenses Rev And Expnss154043OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm54200OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps72658OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss314053TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm84642TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps72658TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss2074747ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps2074747ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss2388800TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm84642TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps2147405TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses3369485ExcessOfRevenueOverExpenses
Net Investment Income731622NetInvestmentIncome
Adjusted Net Income816264AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY96369CashBOY
Cash EOY5054822CashEOY
Cash EOYFMV5054822CashEOYFMV
Investments Govt Oblig BOY1978398InvestmentsGovtObligBOY
Investments Govt Oblig EOY6801132InvestmentsGovtObligEOY
Investments Govt Oblig EOYFMV6800927InvestmentsGovtObligEOYFMV
Investments Other BOY6443332InvestmentsOtherBOY
Land Building And Equipment Basis8277LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip3688AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY6888LandBuildingAndEquipmentBOY
Land Building And Equipment EOY4589LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV4589LandBuildingAndEquipmentEOYFMV
Other Assets BOY3800OtherAssetsBOY
Other Assets EOY37729OtherAssetsEOY
Other Assets EOYFMV37729OtherAssetsEOYFMV
Total Assets BOY8528787TotalAssetsBOY
Total Assets EOY11898272TotalAssetsEOY
Total Assets EOYFMV11898067TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY8528787UnrestrictedBOY
Unrestricted EOY11898272UnrestrictedEOY
Total Net Assets BOY8528787TotalNetAssetsBOY
Total Net Assets EOY11898272TotalNetAssetsEOY
Total Liabilities Net Assets BOY8528787TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY11898272TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY8528787TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses3369485ExcessOfRevenueOverExpenses
Subtotal11898272Subtotal
Total Net Assets Fund Balances EOY11898272TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1653266QualifyingDistributionsYear1
Noncharitable Assets Year19109817NoncharitableAssetsYear1
Distribution Ratio Year10.07171DistributionRatioYear1
Qualifying Distributions Year2921135QualifyingDistributionsYear2
Noncharitable Assets Year2545351NoncharitableAssetsYear2
Distribution Ratio Year21.68907DistributionRatioYear2
Qualifying Distributions Year3510559QualifyingDistributionsYear3
Noncharitable Assets Year3432567NoncharitableAssetsYear3
Distribution Ratio Year31.18030DistributionRatioYear3
Qualifying Distributions Year4478532QualifyingDistributionsYear4
Noncharitable Assets Year4255813NoncharitableAssetsYear4
Distribution Ratio Year41.87063DistributionRatioYear4
Qualifying Distributions Year5614864QualifyingDistributionsYear5
Noncharitable Assets Year5615412NoncharitableAssetsYear5
Distribution Ratio Year50.99911DistributionRatioYear5
Total Distribution Ratio5.81082TotalDistributionRatio
Average Distribution Ratio1.16216AverageDistributionRatio
Net Noncharitable Assets12745470NetNoncharitableAssets
Adjusted Noncharitable Assets14812326AdjustedNoncharitableAssets
One Percent Net Investment Income7316OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One14819642AdjNonchrtblAssetsAndOnePct
Qualifying Distributions2147405QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax14632InvestmentIncomeExciseTax
Subtotal14632Subtotal
Tax Based On Investment Income14632TaxBasedOnInvestmentIncome
Form2220 AttachedXForm2220Attached
Penalty For Underpayment315PenaltyForUnderpayment
Tax Due14947TaxDue
Amount Credited To Next Year0AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508efalseRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithNYStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorstrueNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1MARTIN BAHARESTANI CPABusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number2126861400BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1148 MADISON AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10016ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
MARTIN BAHARESTANI
C/O M BAHARESTANI 148 MADSN AVNEW YORKNY10016Director0.000
RANJAN TANDON
C/O M BAHARESTANI 148 MADSN AVNEW YORKNY10016Director0.000
CHANDRIKA TANDON
C/O M BAHARESTANI 148 MADSN AVNEW YORKNY10016Director0.000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1CHARITABLE COMMUNITY ORGANIZATIONSEE PART XV LINE 3ADescription1
Expenses12074747Expenses1
Description2Soul Chant Music - has partnered with organizations in the fields of community building, arts and spirituality - using the transformative power of music to empower themselves and others as well as help sustain underpriviledged musicians.Description2
Expenses272658Expenses2

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities12569582AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances369981AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets12939563TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets12939563AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable194093CashDeemedCharitable
Net Noncharitable Assets12745470NetNoncharitableAssets
Minimum Investment Return637274MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return637274MinimumInvestmentReturn
Tax Based On Investment Income14632TaxBasedOnInvestmentIncome
Total Tax14632TotalTax
Distributable Amount Before Adj622642DistributableAmountBeforeAdj
Distributable Amount Before Ded622642DistributableAmountBeforeDed
Distributable Amount As Adjusted622642DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions2147405ExpensesAndContributions
Qualifying Distributions2147405QualifyingDistributions
Adj Qualifying Distributions2147405AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted622642DistributableAmountAsAdjusted
Excess Distri Carryover Year5584375ExcessDistriCarryoverYear5
Excess Distri Carryover Year4465891ExcessDistriCarryoverYear4
Excess Distri Carryover Year3489317ExcessDistriCarryoverYear3
Excess Distri Carryover Year2894075ExcessDistriCarryoverYear2
Excess Distri Carryover Year1197775ExcessDistriCarryoverYear1
Total Excess Distri Carryover2631433TotalExcessDistriCarryover
Qualifying Distributions2147405QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year622642AppliedToCurrentYear
Remaining Distri From Corpus1524763RemainingDistriFromCorpus
Total Corpus4156196TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year5584375ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year3571821ExcessDistriCyovToNextYear
Excess From Year4465891ExcessFromYear4
Excess From Year3489317ExcessFromYear3
Excess From Year2894075ExcessFromYear2
Excess From Year1197775ExcessFromYear1
Excess From Current Year1524763ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerCHANDRIKA TANDONContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (22 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmountAddress Line1RecipientForeignAddress/AddressLine1CityRecipientForeignAddress/CityProvince Or StateRecipientForeignAddress/ProvinceOrStateCountryRecipientForeignAddress/CountryPostal CodeRecipientForeignAddress/PostalCode
YUGO MINISTRIES INC
301 W 28TH ST SUITE lNATIONAL CITYCA91951NONECHARITCHARITABLE ORGANIZATION$1,001
TEACH FOR AMERICA
315 WEST 36TH STREET 7TH FLOORNEW YORKNY10018NONECHARITCHARITABLE ORGANIZATION$100,000
SRI RAJA GANAPATHI TEMPLE
774 PAULSBORO ROADSWEDESBORONJ08085NONECHARITCHARITABLE ORGANIZATION$1,000
SRI RAGHAWENDRA SWAMY MUTT
31 Wooley TOWN ROADMORGANVILLENJ07751NONECHARITCHARITABLE ORGANIZATION$2,001
NYU WAGNER
295 LAFAYETTE ST 2NEW YORKNY10012NONECHARITUNIVERSITY$29,500
MANHATTAN HINDU TEMPLE COMUNITY CIR
C/O 148 MADISON AVENEW YORKNY10016NONECHARITCHARITABLE ORGANIZATION$20,000
INDIA ABROAD
42 BroadwayNEW YORKNY10004NONECHARITCHARITABLE ORGANIZATION$5,000
CHILDREN'S HOPE OF INDIA INC
7 EDGEMERE DRIVESEARINGTOWNNY11507NONECHARITCHARITABLE ORGANIZATION$10,000
CATHEDRAL CHURCH OF ST JOHN THE DIV
1047 AMSTERDAM AVENUENEW YORKNY10025NONECHARITCHARITABLE ORGANIZATION$100
BREAKTHROUGH
4 W 37TH STREETNEW YORKNY10018NONECHARITCHARITABLE ORGANIZATION$3,000
AIM FOR SEVA
NONECHARITCHARITABLE ORGANIZATION$25,000P O BOX 639SAYLORSBURGMYLAPORE, CHENNAIIN600 004
AMERICAN ACADEMY OF INDIAN CLASSICA
205 W 58TH STREETNEW YORKNY10019NONECHARITUNIVERSITY$7,145
CHHANDAYAN CENTER FOR INDIAN MUSIC
4 WEST 43RD STREETNEW YORKNY10036NONECHARITYCHARITABLE ORGANIZATION$5,000
HARVARD BUSINESS SCHOOL FUND
SOLDIERS FIELDBOSTONMA02163NONECHARITYUNIVERSITY$51,000
NYU STERN SCHOOL OF BUSINESS
25 W 4TH STNEW YORKNY10012NONECHARITYUNIVERSITY$200,000
NEW YORK UNIVERSITY
60 WASHINGTON SQUARE SOUTHNEW YORKNY10012NONECHARITYUNIVERSITY$25,000
PRATHAM USA
9703 RICHMOND AVENUE SUITE 102HOUSTONTX77042NONECHARITYCHARITABLE ORANIZATION$25,000
YALE UNIVERSITY
P O BOX 2038NEW HAVENCT06521NONECHARITUNIVERSITY$1,500,000
INDO AMERICAN ARTS COUNCIL
517 EAST 87TH STREET SUITE 1BNEW YORKNY10128NONECHARITYCHARITABLE ORGANIZATION$10,000
WORLD MUSIC INSTITUTE
49 WEST 27TH STREET SUITE 930NEW YORKNY10001NONEcharitcharitable organization$5,000
ART OF LIVING FOUNDATION
PO BOX 50003SANTA BARBARACA93150NONEcharitcharitable organization$25,000
AMERICAN INDIA FOUNDATION
216 E 46 STREETNEW YORKNY10017NONECHARITYcharitable organization$25,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year2074747TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Program Service Revenue Part VII ProgramServiceRevenuePartVII

FieldValueIRS element (for citing)
Descriptionsale of CD'sDescription
Related Or Exempt Function Income953RelatedOrExemptFunctionIncome

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$752,899ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$63,365ExclusionAmount

Other Revenue Described OtherRevenueDescribed

FieldValueIRS element (for citing)
DescriptionSALES OF CD'SDescription

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$816,264ExclusionAmount
Related Or Exempt Function Income953RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA817217TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
Amount$40,847Amount
Net Investment Income20424NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (2 entries)

Description Of PropertyDescriptionOfPropertyDate AcquiredDateAcquiredCost Or Other BasisCostOrOtherBasisPrior Years DepreciationPriorYearsDepreciationComputation MethodComputationMethodLifeLifeCurrent Year ExpenseCurrentYearExpense
COMPUTER EQUIPMENT2009-07-013626725925.00001160
FURNITURE2009-07-014651664927.00001139

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (2 entries)

Category Or ItemCategoryOrItemCost Or Other BasisCostOrOtherBasisAccumulated DepreciationAccumulatedDepreciationBook ValueBookValueEOYFMVEOYFMV
Machinery and Equipment3626188517411741
Furniture and Fixtures4651180328482848

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

FieldValueIRS element (for citing)
Amount$2,000Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (3 entries)

DescriptionDescriptionBOY Book ValueBOYBookValueEOY Book ValueEOYBookValueEOYFMVEOYFMV
RENT SECURITY DEPOSIT380039003900
Production Costs - New Album1511315113
Musicians - New Album1871618716

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (16 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
TELEPHONE30461523
SPECIAL EVENTS7666
REPAIRS90
POSTAGE AND DELIVERY725
PAYROLL SERVICES2318
OFFICE SUPPLIES1841
OFFICE EXPENSES2284
MUSIC CD PRODUCTION EXPENSES7265872658
MISCELLANEOUS1593
INSURANCE899
FEES1717
ENTERTAINMENT770
DUES AND SUBSCRIPTIONS1640
BROKERS' COMMISSION - sale of securities5267752677
BANK CHARGES & interest61
AUTO4058

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncome
sale of CD's953
Other Investment Income633656336563365

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
Amount$500Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameRANJAN TANDONPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O BAHARESTANI 148 MADISON AVEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10016ZIPCode

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategoryAmountAmountNet Investment IncomeNetInvestmentIncome
PAYROLL TAXES$6,052
NEW YORK STATE$325325