Form 990-T (1987)

Page 4

SCHEDULE H—EXPLOITED EXEMPT ACTIVITY INCOME, OTHER THAN ADVERTISING INCOME

(see Instructions for Part I, line 10)

2.6)
1. Description of unrelated

exploited activity

income from
trade or business

3. Expenses
directly connected
with production
of unrelated
business income

ross
business

4. Net income
from unrelated
trade or business
(Column 2 minus
column 3)

5. Gross income
from activity that
's not unrelated
business income

6. Expenses
attributable to
column 5

7. Excess exempt
expenses (Column
6 minus column 5,
but not more than
column 4)

8. Net income
includible (Column
4 minus column 7)

Total (enter here and on line 10, Part |, page 2).

SCHEDULE I—ADVERTISING INCOME AND ADVERTISING LOSS Gee Instructions for Part, Tine 11)

Income From Periodicals Reported on a Consolidated Basis

1, Name of periodical

2. Gross 3. Direct
advertising advertising
income costs

4, Advertising gain or
loss (col. 2 minus col,
3).Ifloss, enter in col

and 7.

B, Part Il. Donot 5. Circulation

complete cols. 5,6, income
and7 If gain,

complete cos. , 6,

6. Readership

7. {fol 5 exceeds co. 6

enter incol. 8 Part Il, the

gain shown in col. 4. If col

6 exceeds col. 5, subtract

costs col. 6 plus col. 3 from col. 5

plus col. 2. Enter gain n col
A Part Il

Totals.

ictaaiy Income From Periodicals Reported on a Separate Basis

Column A—Adverti

ising Income

[Part 111 Column B—Advertising Loss

(a) Enter “consolidated periodical" or
names of nonconsolidated periodicals

(b) Enter total amount from

listed in cols. 4 and 7, Part Il

column 4 or 7, Part |, and amounts

(a) Enter “consolidated periodical” or
names of nonconsolidated periodicals

(b) Enter total amount from column,
4, Part |, and amounts listed in
column 4, Part It

Enter total here and on line 11,
Part I, page 2

Part Il, page 2

Enter total here and on line 28,

SCHEDULE J—COMPENSATION OF OFFICERS, DIRECTORS, AND TRUSTEES

1. Name

2.Title

3. Percent of
time devoted to
business.

4. Compensation attributable
tounrelated business

ae] 2e| 2@/ xe] 20 | ae

Total (enter here and on line 14, Part Il, page 2).



Exempt Organization Business Income Tax Return
won 990-T

Department of the Treasury

(Under Section 511 of the Internal Revenue Code) For calendar year 1987 or other tax year

OMB No. 1545-0687

1987

Internal Revenue Service beginning .......2.....- 1987, andending .........2. 2. eee eeee eee 19.2...
Name of organization A Employer identification number
(employees’ trust see instruction for Block A)
Address (number and street) H
B Enter unrelated business activity codes
City or town, state, and ZIP code from page 12 of instructions
C Check box ifaddress changed... . > 0 | D Exemptundersection® [1 5010) ( )OR PL 408%)

E Check type of organization ._.® [] Corporation [] Trust [] Section 401(a) trust

F Group exemption number (see instructions for Block F) >

If the unrelated trade or business gross income is $10,000 or less, complete only page 1 and Part III on page 2, and sign the return.
Complete all applicable parts of the form (except lines 1 through 4) if unrelated trade or business gross income is over $10,000.

o 1 Unrelated trade or business gross income (state sources > re 1
E 2 Deductions (including net operating loss) (complete Parts | and Il instead of lines 1, 2, 3, and 4 if YY
2 you have gross income over $10,000) Lo 2. L2
2 3 > Unrelated business taxable income before specific deduction (subtract line 2 from line 1. 3
| 4 Specific deduction (see instructions) . La
a 5 Unrelated business taxable income (Subtract line 4 from line 3 or - enter amount ‘from line 33,
la page 2. If line 4 1s greater than line 3, enter the lesser of zero or line 3.) . . .
Organizations Taxable as Corporations (see Instructions for tax computation)
5 6a Check if you are a member of a controlled group (see sections 1561 and 1563)» []
s If checked, see instructions and enter your share of tax bracket amounts. If your tax year includes June
s 30, 1987, complete both b and c below. Otherwise, complete only c.
2 b (i) $__----- eee (ii) $--------------- 2 (iii) $ 2-2-2 (iv) $...-22---2-2-----
9 Ok See GS
S 7__Income tax on the amount on line 5, above. Check here B [1 if from Schedule D (Form 1120)
& Trusts Taxable at Trust Rates (see Instructions for tax computation) |
8 Income tax on the amount on line 5. Use the tax rate schedules in the instructions 8
9a_ Foreign tax credit (corporations attach Form 1118, trusts attach Form 1116) | 9a
b Other credits (see instructions) : . Coe 9b
c General business credit.—Check if from |! Form 3800
[1] Form 3468 [| Form6478 [| Form6765 [| Formasa6 | 9c
10 Total (add lines 9a through 9c) .
11 Subtract line 10 from line 7 or line 8
12 Tax from recomputing prior year investment credit (attach Form 4255).
% | 13a Alternative minimum tax b Environmental tax
y 14 TOTAL TAX (add lines 11, 12 and 13c) ry
£ | 15 Payments: a 1986 overpayment credited to 1987 . . . {15a
8 b 1987 estimatedtaxpayments. . . . . . eo. (5b
= © Subtotal (addlines15aand15b). . . . . te. , BBE
3 d Tax deposited with Form 7004 or Form 2758... . . [15d
e e Foreign organizations —Tax pad or withheld at the source 2 (see
instructions). . Loe -|15e
f Other credits and payments (eee instructions) oo woe ee. LSE
16 Total credits and payments (add lines 15c through 151)
17 Enter the PENALTY for underpayment of estimated tax. Check o if Form 2220 Is s attached
18 TAX DUE—If the total of lines 14 and 17 1s larger than line 16,enterAMOUNTOWED . . . >
19 OVERPAYMENT—fline 16 1s larger than the total of lines 14 and 17, enter AMOUNT OVERPAID >
20 _ Enter the amount of line 19 you want: Credited to 1988 estimated tax > | Refunded >
Under penalties of perjury, | declare that | have examined this return, including accompanying schedules and statements, and to the best of my knowledge and
Please belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) 1s based on all information of which preparer has any knowledge.
Sign
Here » Signature of officer Date » Title
Paid Preparer’s > Date Check if Preparer’s social security no.
, | signature ployed & CI :
tse On | (ods FS Soon Erne
and address ZIP code >

For Paperwork Reduction Act Notice, see page 1 of Instructions.

Form 990-T (1987)


Form 990-T (1987) Page 2
Unrelated Trade or Business Income
., b Less returns and allowances ___

Balance ® | le

la Gross receipts or sales

2 Cost of goods sold and/or operations (Schedule A) 2
3. Gross profit (subtract line 2 from line 1c) . 3 |
4a Capital gain net income (attach separate Schedule D) (see instructions) . 4a
b_ Net gain (loss) from Part Il, Form 4797 (attached) 4b
¢ Capital loss deduction for trusts . . to Lo Ac
5 Income (loss) from partnerships (attach statement) . Se ee ee ee LS
6 Rent income (Schedule C) a 6
7 Unrelated debt-financed income (Schedule E, line 2). 7
8 Investment income of a section 501(c)(7), (9), (17), or (20) organization (chedule | F). 8
9 Interest, annuities, royalties, and rents from controlled organizations (Schedule G) | 9
10 Exploited exempt activity income (Schedule H) . Bo ee ey LO
11 Advertising income (Schedule |, PartIIl,Column A)... . ee ee La
12 Other income (see instructions for line 12—attachschedule). . . . . ....... . . . L212
13 _ TOTAL—Unrelated trade or business income (add lines 3through12). . . . ~. | 13

Deductions Not Taken Elsewhere (See instructions for limitations on deductions.)
(Except for contributions, deductions must be directly connected with the unrelated business income.)

14 Compensation of officers, directors, and trustees (Schedule J) . 14
15 Salariesandwages. 2 6 ee LES
16 Repairs (see instructions) 16
17 Bad debts (see instructions) . 17
18 Interest (attach schedule) an ee C:)
19 Taxes. Le Ce ee ee ee [9
20 Contributions (see instructions) ee ee ee Lr
21 Depreciation (attach Form 4562). . . . . of 2t ii
22 Less depreciation claimed in Schedule A and elsewhere on return [22a 22b
23 Depletion So wee, [23
24a Contributions to deferred compensation plans (see instructions) . 2)
b Employee benefit programs (see instructions) . . Ce eee ee, [24D
25 Other deductions (attachschedule) . 2 2... ee £25
26 TOTAL DEDUCTIONS (add lines 14 through 25)... 2. [26

27 Unrelated business taxable income before allowable advertising loss (subtract line 26 from line 13)

28 Advertising loss (Schedule |, Part Ill, Column B) : .

29 Unrelated business taxable income before net operating loss deduction | (oubtract line 28 from line 27)

30 Net operating loss deduction (see instructions) : we

31 Unrelated business taxable income before specific deduction (subtract line 30 from line 23). oe

32 Specific deduction (see instructions for line 4 of page 1) .

33 Unrelated business taxable income (subtract line 32 from line 31. If line 32 Is 5 greater than line 31, ‘enter
the lesser of zero or line 31.) Enter here and on page 1, line5 .

SCHEDULE A—COST OF GOODS SOLD AND/OR OPERATIONS (see Tnstructions for Part 1, ‘Tine 2)

Method of inventory valuation (specify) >

1 Inventory at beginning of year . 1 —| 6 Inventory at end of year. .
2 Purchases . fee 2 7 Cost of goods sold and/or operations.
3 Costoflabor . 3 Subtract line 6 from line 5. (Enter Ai
4a Additional section 263A costs hereandonline2,Partl). . . . L7
(attach schedule). - [fa 8 Do the rules of section 263A (with respect to _
: Other costs (attach schedule) | 4b property produced or acquired f for resale) apply to YY)
TOTAL—Add lines 1 through 4b 5 the organization?

Statements Regarding Certain Activities and Other Information
At any time during the tax year, did you have an interest in or a signature or other authority over a financial account in a foreign country (such asa_| Yes | No
bank account, securities account, or other financial account)? (See page 10 of the instructions for exceptions and filing requirements for TD F 90- }-22.1.)
'f “Yes,” write in the name of the foreign country Pee cece eee

2 Were you the grantor of, or transferor to, a foreign trust which existed during the current tax year, whether or not you had any beneficial interest in it? |
If “Yes,”’ you may have to file Forms 3520, 3520-A, or 926.

3__Enter the amount of tax-exempt interest received or accrued during the tax year >

The books are in care of Telephone number >



Form 990-T (1987)

Page 3

SCHEDULE C—RENT INCOME FROM REAL PROPERTY AND PERSONAL PROPERTY LEASED WITH REAL PROPERTY

(see Instructions for Part I, line 6)

1. Description of property

2. Rent received
or accrued

+3. Percentage of rent
for personal property

KKK

4. Complete for any item if the entry in column 3 1s more than 50%, or
if the rent is based on profit or income.

5. Complete for any item if

the entry in column 3 1s more than 10% but not more than 50%

(a) Deductions directly con (b) Income includible
nected (Attach schedule) (Column 2 minus column 4(a))

(a) Gross income reportable
(Column 2 x column 3)

(b) Deductions directly connected with
Personal property (Attach schedule)

(c) Income includible (Column
5(a) minus column 5(b))

Add columns 4(b) and 5(c) and enter total here and

on line 6, Part |, page 2

SCHEDULE E—UNRELATED DEBT-FINANCED INCOME (see Instructions for Parth, Tine)

1. Description of debt-financed property

2. Gross income from
or allocable to debt-

3. Deductions directly conné
to debt-financer

jected with or allocable
sd property

financed property

(@) Straight-line depreciation
(Attach schedule)

(b) Other deductions
(Attach schedule)

4, Amount of average 5. Average adjusted basis _| 6. Percentage 7. Gross incom
. e 8. Allocable deductions 9. Net income (loss)
acquisition indebtedness on Of or allocable to which col reportable (Column (Column 6x totalof columns | includible (Column 7 minus
orallocable to debt-financed | _ debt-financed property 4isof portable (Colun 16 x totaal (Column
property (Attach schedule) (Attach schedule) col. 5
%
; %
_%
%

2 Total (enter here and on line 7, Part |, page 2) .

3_ Total dividends-received deductions included in column 8

SCHEDULE F—INVESTMENT INCOME OF A SECTION 501(¢(7), ©). (7), OR (20) ORGANIZATION

(see Instructions for Part I, line 8)

3. Deductions 4. Net investment 7 6. Balance of invest-
1. Description 2. Amount directly connected | income (Column2 | (qpcet asides | mentincome (Colurnn
(Attach schedule) | __minus column 3) 4 minus column 5)
Total (enter here and on line 8, Part |, page 2) .

SCHEDULE G—INCOME (ANNUITIES, INTEREST, RENTS AND ROYALTIES) FROM CONTROLLED ORGANIZATIONS

(see Instructions for Part I, line 9)

2. Gross income

3. Deductions of con-

‘4. Exempt controlled organizations

trolling organization (b) Taxable income com- (c)
1. Name and address of controlled organization(s) | from controlled directly connected with (a) Unrelated ‘buted as though not ex. | Percentage
organization(s) | column 2 income (Attach business taxable | empt under sec. 501(a), | which col
Schedule) income orthe amount in col. (a), | (a) 1s of coi
whichever is more (b)
%
%
%

5. Nonexempt controlled organizations

6. Gross income reportable
(Column 2 x column 4(c)
or column 5(c))

7. Allowable deductions
(Column 3 x column
4(c) or column 5(c))

8. Net income includible
(Column 6 minus column 7)

(2) Excess taxable Moa maimcotumn, Gener
whichever 1s more ts of col. (b)

%

%

%

Total (enter here and on line 9, Part |, page 2) .