Form 990-T (1988)

Page 4

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

(see Instructions for Part I, line 10)

3. Expenses 4. Net income 7. Excess exempt

1. Description of unretieaesSiness | directiyconnected | fromunrelatea | P,Crss income |g. Expenses | expenses (colurnn | 8. Net income
exploited activity income from with production | trade or business | ‘hot unrelated | attributableto | 6 minus column 5, include (Column
tradear busness afunrelated | | (Column 2minis | gisiessincome | coun | Butnotmore than’ [4 minus column 7)

business income

column 3)

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

SCHEDULE I—ADVERTISING INCOME AND ADVERTISING LOSS (cee Instructions for Part

ine 11)

Income From Periodicals Reported on a Consolidated Basis

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

7. If col. 5 exceeds col. 6,
enter in col. A, Part Ill the
gain shown in col. 4 If co.

2. Gross 3. Direct B.Partill Donot | .Circulation | 6. Readership
1. Name of periodical advertising advertising complete cols. 5.6, income costs eee el subaet
income costs and 7. If gain, plus col. 2. Enter gain in col
complete cols, 5, 6, A Parti
‘and 7.
Mh

Totals.

Income From Periodicals Reported on a Separate Basis

j Part 111} Column A—Advertising Income

Column B—Advertising Loss

(b) Enter total amount from

(@) Enter “consolidated periodical" or | com 4or7, Part! and amounts

names of nonconsolidated periodicals Tisted in cols. anid 7, Part I

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

(bj 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
1e devoted to
business

4. Compensation attributable
tounrelated business

ze] ae] ve] ae] ae| ae

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



9 9 0 T Exempt Organization Business Income Tax Return = |_oMeNo. 1545-0687 __
Form . (Under Section 511 of the Internal Revenue Code) For calendar year 1988 or other tax year 1 0) 8 8
pepartirent of the Treasury beginning... .sesesesseseseeeeeeee 1988, andending ooo... ecseeeceseeeeeeeees 19.0...
Name of organization A Employer identification number
(employees’ trust see instruction for Block A)
Please 1 ycmberand-strect (or P.O. box if mail is not delivered to street address) H
Print or B Enter unrelated business activity codes
Type City or town, state, and ZIP code from the lastpage of the instructions
C_ Check boxifaddresschanged. . . . . . .® [J] | D Exemptundersection® [] 501¢ ) ¢ ) OR PL] 408)
E_ Check type of organization ._.® [] Corporation [] Trust [1] 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 > ____ 1
E Deductions (including net operating loss) (complete Parts | and I instead of lines 1, 2, 3, and 4 ait
e you have gross income over $10,000) oo 2
ry 3 Unrelated business taxable income before specific deduction (cubtract line 2 from line ». 3
3 | 4 Specific deduction (see instructions) . 4
ry 5 Unrelated business taxable income (Subtract ‘line 4 from ‘line 3 or renter amount ‘from line 33,
La page 2. If line 4 is greater than line 3, enter the lesser of zero or line 3.). eo ee 5
ec Organizations Taxable as Corporations (see Instructions for tax computation)
2 6 Controlled group members (sections 1561 and 1563)—Check here: []_ and:
£ a Enter your share of the $50,000 and $25,000 taxable income bracket amounts (in that order):
a @ ls | | ome 1,
5 b Enter your share of the additional 5% tax (not to exceed $11,750)
© |__7 _ Income tax (See instructions to figure the tax) ._. 7
& 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). [9b
¢ General business credit.—Check iffrom o Form 3800
LI Form3468 LJ Form6478 L] Form6765 [| Formasse | 9¢
d Credit for prior year minimum tax (attach Form 8801) 9d
10 Total (add lines 9a through 9d). 10
11 Subtract line 10 from line 7 orline8 . 11
K | 12. Recapture taxes. Check it from: [] Form 4285 [Form 8611 12
"i 13a Alternative minimum tax ___...____---.._.--_-- b Environmental tax _ 13¢
E 14 Total Tax (add lines 11, 12, and 13c) Fo 14
2 | 15 Payments: a 1987 overpayment creditedto1988 . . . . . . . {15a
= b 1988estimatedtaxpayments. . . . . ....... . . {15d
3 © Subtotal (addlines15aand15b). . . 2 2... 1... [15e
r 4 Tax deposited with Form 7004 or Form 2758... . [15d
€ Foreign organizations—Tax paid or withheld at source (see instructions) je
f Other credits and payments (see instructions) . . .. . . . LSE
16 Total credits and payments (add lines 15c through 15). 16
17 _ Enter any penalty for underpayment of estimated tax. Check > C1 itForm 2220is attached . 17
18 Tax Due—'f the total of lines 14 and 17 is larger than line 16, enter amount owed . . 18
19 Overpayment—If line 16 is larger than the total of lines 14 and 17, enter amount overpaid. . . PLA
20 Enter the amount of line 19 you want: Credited to 1989 estimated tax > | Refunded > [ 20
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, itis true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Sign
Here » Signature of officer Date » Title
Paid Preparer's > Date Cheek Preparer's social security no.
Preparer's senate ployed PC i i
Use Only | youre ifseit-cmpoyed ENO. P
yours, if self-employed)
and address ZiP code >

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

Form 990-T (1988)


Page 2

Form 990-T (1988)
Unrelated Trade or Business Income
la Gross receipts or sales______.__..______ , b Less returns and allowances _ Balance > | 1¢
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 . 4c
5 Income (loss) from partnerships (attach statement) . 5
6 Rent income (Schedule C) &
7 Unrelated debt-financed income (Schedule E, line 2). 7
8 Investment income of a section 501(c)(7), (9), (17), or (20) organization (Schedule F). 8
9 Interest, annuities, royalties, and rents from controlled organizations (Schedule G) 9
10 Exploited exempt activity income (Schedule H) 10
11 Advertising income (Schedule |, Part III, Column A) . 11
12 Other income (see instructions for line 12—attach schedule) . 12
13__TOTAL—Unrelated trade or business income (add lines 3 through 12) . . 5 13
Deductions Not Taken Elsewhere (See instructions for limitations on n deductions.)
(Except for contributions, deductions must be directly connected with the unrelated business income.)
14 Compensation of officers, directors, andtrustees(ScheduleJ). . . . 2... . 2 we . [14
15 Salaries and wages . 15
16 Repairs (see instructions) . 16
17 Bad debts (see instructions) . 17
18 Interest (attach schedule) 18
19 Taxes. 19
20 Contributions (see instructions). . 20
21 Depreciation (attach Form 4562). . 21
22 Less depreciation claimed in Schedule A and elsewhere on nreturn . 22a 22b
23 Depletion . 23
24a Contributions to deferred compensation plans (ee instructions) . 24a
b Employee benefit programs (see instructions) . 24b
25 Other deductions (attach schedule) 25
26 TOTAL DEDUCTIONS (add lines 14 through 25) . 26
27 Unrelated business taxable income before allowable advertising loss (subtract line 26 from line 13) 27
28 Advertising loss (Schedule |, Part III, Column B) . 28
29 Unrelated business taxable income before net operating loss deduction (subtract line 28 from line 27) 29
30 Net operating loss deduction (see instructions) 30
31 Unrelated business taxable income before specific deduction (subtract line 30 from| line 29). 31
32 Specific deduction (see instructions for line 4 of page 1) . 32
33 Unrelated business taxable income (subtract line 32 from line 31. If line 32 is ; greater than line 31, enter
the lesser of zero or line 31.) Enterhere andonpagel,line5 . 33
SCHEDULE A—COST OF GOODS SOLD AND/OR OPERATIONS (see instructions for Part 7" ine 122)
Method of inventory valuation (specify) p>
1 Inventory at beginning of year . 1 6 Inventory at end of year. 6
2 Purchases. . . . . an 2 7 Cost of goods sold and/or operations.
3 Costoflabor. . . 3 Subtract line 6 from line 5. (Enter
4a Additional section 263A costs here and on line 2, Part.) . 7
(attach schedule). . . [4a 8 Do the rules of section 263A (with respect to [Ves | No
b Other costs (attach schedule) - [4b property produced or acquired f for resale) apply to Uh
5 TOTAL—Add lines 1 through 4b . 5 the organization?

Statements Regarding Certain Activities and Other Information

1 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.)

If “Yes,” write in the name of the foreign country >

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 >

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? F

The books are in care of Telephone number > (



Form 990-T (1988)

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

RRL

‘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 is more than 10% but not more than 50%

(a) Deductions directly con-
nected (Attach schedule)

(b) Income includible
(Column 2 minus column 4(a))

(a) Gross income reportable

(Column 2 x column 3)

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

(€) 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 Part, “Tine D

1. Description of debt-financed property

2. Gross income from
or allocable to debt-
financed property

3. Deductions directly conné

jected with or allocable
to debt-financed property

(a) Straight-line depreciation

(b) Other deductions
(Attach schedule)

(Attach schedule)

4. Amount of average 5. Average adjusted basis | 6. Percentage 7. Gross income 8. Allocable deductions 9. Net income (loss)
acquisition indebtedness on of or allocable to which col. reportable (Column (Column 6 xtotal of columns | includible (Column 7 minus
orallocable todebt-financed | — debt-financed property 4s of portable (Colum nx total of fe Column
property (Attach schedule) (Attach schedule) col.5

%.
%
%
%

2 Total (enter here and on line 7, Part|, page2) . .
3 Total dividends-received deductions included in column 8

SCHEDULE F—INVESTMENT INCOME OF A SECTION 501(c)(7), (9), (17), OR (20) ORGANIZATION

(see Instructions for Part I, line 8)

3. Deductions 4. Net investment 5. Set-asides 6. Balance of invest-
1. Description 2. Amount directly connected | income(Column2 | ¢aétachscheduie) | Ment income (Column
(Attach schedule) | minus column 3) 4 minus column 5)
Total (enter here and on line 8, Partl, page 2) .

SCHEDULE G—INCOME (ANNUITIES, INTEREST, RENTS AND ROYALTIES) FROM CONTROLLED ORGANIZATIONS
(see Instructions for Part I, line 9)

1. Name and address of controle

cd organization(s)

2. Gross income
from controlled
organization(s)

3. Deductions of con-
trolling organization
directly connected with
column 2 income (Attach
schedule)

‘4, Exempt controlled organizations

(a) Unrelated Oya
business taxable

b) Taxable income com-
3s though not ex-
‘empt under sec. 501(a)
or the amount in col. (a),
whichever is more’

income

©),
Percentage
which cof,
(a) is of col.
(b)

%
%
%

5. Nonexempt controlled organizations

6. Gross income reportable

7. Allowable deductions

8. Net income includible

Wregcesiaade | ammieomin [Serena] Coumgscaunrser | Geumn-xcen | ciumnémmescaumn’
whichever is more is of col. (b)
%'|
%|
%|

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