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pdf990-T
Form
Department of the Treasury
Internal Revenue Service
Check box if
A
address changed
B Exempt under section
)(
)
501(
408(e)
220(e)
408A
530(a)
Exempt Organization Business Income Tax Return
OMB No. 1545-0687
2012
(and proxy tax under section 6033(e))
For calendar year 2012 or other tax year beginning
, 2012, and
▶ See separate instructions.
ending
, 20
.
Name of organization (
Check box if name changed and see instructions.)
Print
Number, street, and room or suite no. If a P.O. box, see instructions.
or
Type
City or town, state, and ZIP code
Open to Public Inspection for
501(c)(3) Organizations Only
D Employer identification number
(Employees’ trust, see instructions.)
E Unrelated business activity codes
(see instructions)
529(a)
C Book value of all assets
at end of year
F Group exemption number (see instructions) ▶
G Check organization type ▶
501(c) corporation
501(c) trust
401(a) trust
H Describe the organization’s primary unrelated business activity. ▶
I During the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? . . ▶
If “Yes,” enter the name and identifying number of the parent corporation. ▶
J The books are in care of ▶
Telephone number ▶
Part I
1a
b
2
3
4a
b
c
5
6
7
8
9
10
11
12
13
Exploited exempt activity income (Schedule I) .
Advertising income (Schedule J) . . . . .
Other income (see instructions; attach statement) .
Total. Combine lines 3 through 12
. . . .
Part II
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
Unrelated Trade or Business Income
(A) Income
Gross receipts or sales
Less returns and allowances
c Balance ▶
Cost of goods sold (Schedule A, line 7) . . . . . . .
Gross profit. Subtract line 2 from line 1c . . . . . . .
Capital gain net income (attach Schedule D) . . . . .
Net gain (loss) (Form 4797, Part II, line 17) (attach Form 4797)
Capital loss deduction for trusts . . . . . . . . .
Income (loss) from partnerships and S corporations (attach statement)
Rent income (Schedule C) . . . . . . . . . . .
Unrelated debt-financed income (Schedule E) . . . . .
Interest, annuities, royalties, and rents from controlled
organizations (Schedule F) . . . . . . . . . . .
Investment income of a section 501(c)(7), (9), or (17)
organization (Schedule G) . . . . . . . . . . .
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(B) Expenses
Other trust
Yes
No
(C) Net
1c
2
3
4a
4b
4c
5
6
7
8
9
10
11
12
13
Deductions Not Taken Elsewhere (see instructions for limitations on deductions) (except for contributions,
deductions must be directly connected with the unrelated business income)
Compensation of officers, directors, and trustees (Schedule K) . . . . . . . . . . . .
Salaries and wages . . . . . . . . . . . . . . . . . . . . . . . . . .
Repairs and maintenance . . . . . . . . . . . . . . . . . . . . . . . .
Bad debts
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Interest (attach statement) . . . . . . . . . . . . . . . . . . . . . . . .
Taxes and licenses . . . . . . . . . . . . . . . . . . . . . . . . . . .
Charitable contributions (see instructions for limitation rules) . . . . . . . . . . . . .
Depreciation (attach Form 4562) . . . . . . . . . . . . .
21
Less depreciation claimed on Schedule A and elsewhere on return . .
22a
Depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Contributions to deferred compensation plans
. . . . . . . . . . . . . . . . .
Employee benefit programs . . . . . . . . . . . . . . . . . . . . . . . .
Excess exempt expenses (Schedule I) . . . . . . . . . . . . . . . . . . . .
Excess readership costs (Schedule J) . . . . . . . . . . . . . . . . . . . .
Other deductions (attach statement) . . . . . . . . . . . . . . . . . . . . .
Total deductions. Add lines 14 through 28
. . . . . . . . . . . . . . . . . .
Unrelated business taxable income before net operating loss deduction. Subtract line 29 from line 13
Net operating loss deduction (limited to the amount on line 30) . . . . . . . . . . . .
Unrelated business taxable income before specific deduction. Subtract line 31 from line 30 . . .
Specific deduction (generally $1,000, but see line 33 instructions for exceptions) . . . . . .
Unrelated business taxable income. Subtract line 33 from line 32. If line 33 is greater than line 32,
enter the smaller of zero or line 32 . . . . . . . . . . . . . . . . . . . . . .
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11291J
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15
16
17
18
19
20
22b
23
24
25
26
27
28
29
30
31
32
33
34
Form 990-T (2012)
Page 2
Form 990-T (2012)
Part III
Tax Computation
35
Organizations taxable as corporations (see instructions for tax computation). Controlled group
members (sections 1561 and 1563) check here ▶
See instructions and:
a Enter your share of the $50,000, $25,000, and $9,925,000 taxable income brackets (in that order):
(2) $
(3) $
(1) $
b Enter organization’s share of: (1) Additional 5% tax (not more than $11,750)
$
(2) Additional 3% tax (not more than $100,000) . . . . . . . . .
$
c Income tax on the amount on line 34 . . . . . . . . . . . . . . . . . . . . ▶
36
Trusts taxable at trust rates (see instructions for tax computation). Income tax on
the amount on line 34 from:
Tax rate schedule or
Schedule D (Form 1041) . . . . . ▶
37
Proxy tax (see instructions) . . . . . . . . . . . . . . . . . . . . . . . ▶
38
Alternative minimum tax . . . . . . . . . . . . . . . . . . . . . . . . .
39
Total. Add lines 37 and 38 to line 35c or 36, whichever applies . . . . . . . . . . . .
Part IV
40a
b
c
d
e
41
42
43
44a
b
c
d
e
f
g
35c
36
37
38
39
Tax and Payments
Foreign tax credit (corporations attach Form 1118; trusts attach Form 1116)
Other credits (see instructions) . . . . . . . . . . . . . .
General business credit. Attach Form 3800 (see instructions) . . . .
Credit for prior year minimum tax (attach Form 8801 or 8827) . . . .
Total credits. Add lines 40a through 40d . . . . . . . . . .
Subtract line 40e from line 39 . . . . . . . . . . . . . .
Other taxes. Check if from:
Form 4255
Form 8611
Form 8697
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Form 8866
40a
40b
40c
40d
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40e
41
42
43
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Other (attach statement).
Total tax. Add lines 41 and 42 . . . . . . . . . . . . . . . . . . . . . . .
Payments: A 2011 overpayment credited to 2012
. . . . . . . .
44a
2012 estimated tax payments . . . . . . . . . . . . . . .
44b
Tax deposited with Form 8868 . . . . . . . . . . . . . . .
44c
Foreign organizations: Tax paid or withheld at source (see instructions) .
44d
Backup withholding (see instructions) . . . . . . . . . . . .
44e
Credit for small employer health insurance premiums (Attach Form 8941) .
44f
Other credits and payments:
Form 2439
Form 4136
Other
Total ▶
44g
45
Total payments. Add lines 44a through 44g . . . . . . . . . . . . . . . . . .
45
46
Estimated tax penalty (see instructions). Check if Form 2220 is attached . . . . . . . . ▶
46
▶
47
Tax due. If line 45 is less than the total of lines 43 and 46, enter amount owed . . . . . .
47
▶
48
Overpayment. If line 45 is larger than the total of lines 43 and 46, enter amount overpaid . .
48
Enter the amount of line 48 you want: Credited to 2013 estimated tax ▶
49
Refunded ▶ 49
Part V
Statements Regarding Certain Activities and Other Information (see instructions)
At any time during the 2012 calendar year, did the organization have an interest in or a signature
1
or other authority over a financial account (bank, securities, or other) in a foreign country?
If “Yes,” the organization may have to file Form TD F 90-22.1, Report of Foreign Bank and
Financial Accounts. If “Yes,” enter the name of the foreign country here ▶
2
Yes
No
Yes
No
During the tax year, did the organization receive a distribution from, or was it the grantor of, or transferor to, a foreign trust? .
If “Yes,” see instructions for other forms the organization may have to file.
Enter the amount of tax-exempt interest received or accrued during the tax year ▶ $
3
Schedule A—Cost of Goods Sold. Enter method of inventory valuation
1
2
3
4a
Inventory at beginning of year
Purchases . . . . . .
Cost of labor . . . . . .
Additional section 263A costs
(attach statement) . . . .
b Other costs (attach statement)
Total. Add lines 1 through 4b
5
6
7
4a
4b
5
8
Inventory at end of year
Cost of goods sold.
line 6 from line 5. Enter
in Part I, line 2 . . .
. . .
Subtract
here and
. . .
6
7
Do the rules of section 263A (with respect to
property produced or acquired for resale) apply
to the organization? . . . . . . . . .
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true,
correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Date
Signature of officer
Paid
Preparer
Use Only
May the IRS discuss this return
with the preparer shown below
(see instructions)?
Yes No
▲
▲
Sign
Here
1
2
3
▶
Print/Type preparer’s name
Firm’s name
▶
Firm’s address ▶
Preparer’s signature
Title
Date
Check
if
self-employed
PTIN
Firm's EIN ▶
Phone no.
Form 990-T (2012)
Page 3
Form 990-T (2012)
Schedule C—Rent Income (From Real Property and Personal Property Leased With Real Property)
(see instructions)
1. Description of property
(1)
(2)
(3)
(4)
2. Rent received or accrued
(a) From personal property (if the percentage of rent
for personal property is more than 10% but not
more than 50%)
3(a) Deductions directly connected with the income
in columns 2(a) and 2(b) (attach statement)
(b) From real and personal property (if the
percentage of rent for personal property exceeds
50% or if the rent is based on profit or income)
(1)
(2)
(3)
(4)
Total
Total
(b) Total deductions.
Enter here and on page 1,
Part I, line 6, column (B) ▶
(c) Total income. Add totals of columns 2(a) and 2(b). Enter
▶
here and on page 1, Part I, line 6, column (A) . . .
Schedule E—Unrelated Debt-Financed Income (see instructions)
3. Deductions directly connected with or allocable to
debt-financed property
(a) Straight line depreciation
(b) Other deductions
(attach statement)
(attach statement)
2. Gross income from or
allocable to debt-financed
property
1. Description of debt-financed property
(1)
(2)
(3)
(4)
4. Amount of average
acquisition debt on or
allocable to debt-financed
property (attach statement)
5. Average adjusted basis
of or allocable to
debt-financed property
(attach statement)
6. Column
4 divided
by column 5
7. Gross income reportable
(column 2 × column 6)
8. Allocable deductions
(column 6 × total of columns
3(a) and 3(b))
Enter here and on page 1,
Part I, line 7, column (A).
Enter here and on page 1,
Part I, line 7, column (B).
%
%
%
%
(1)
(2)
(3)
(4)
Totals
. . . . . . . . . . . . . . . .
Total dividends-received deductions included in column 8
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Schedule F—Interest, Annuities, Royalties, and Rents From Controlled Organizations (see instructions)
Exempt Controlled Organizations
1. Name of controlled
organization
2. Employer
identification number
3. Net unrelated income
(loss) (see instructions)
4. Total of specified
payments made
5. Part of column 4 that is
included in the controlling
organization’s gross income
6. Deductions directly
connected with income
in column 5
10. Part of column 9 that is
included in the controlling
organization’s gross income
11. Deductions directly
connected with income in
column 10
Add columns 5 and 10.
Enter here and on page 1,
Part I, line 8, column (A).
Add columns 6 and 11.
Enter here and on page 1,
Part I, line 8, column (B).
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
8. Net unrelated income
(loss) (see instructions)
7. Taxable Income
9. Total of specified
payments made
(1)
(2)
(3)
(4)
Totals
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Form
990-T (2012)
Page 4
Form 990-T (2012)
Schedule G—Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income
3. Deductions
directly connected
(attach statement)
2. Amount of income
5. Total deductions
and set-asides (col. 3
plus col. 4)
4. Set-asides
(attach statement)
(1)
(2)
(3)
(4)
Enter here and on page 1,
Part I, line 9, column (A).
Totals
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Enter here and on page 1,
Part I, line 9, column (B).
▶
Schedule I—Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1. Description of exploited activity
4. Net income
(loss) from
unrelated trade or
business (column
2 minus column
3). If a gain,
compute cols. 5
through 7.
2. Gross
unrelated
business income
from trade or
business
3. Expenses
directly
connected with
production of
unrelated
business income
Enter here and on
page 1, Part I,
line 10, col. (A).
Enter here and on
page 1, Part I,
line 10, col. (B).
5. Gross income
from activity that
is 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).
(1)
(2)
(3)
(4)
Totals
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Enter here and
on page 1,
Part II, line 26.
. ▶
Schedule J—Advertising Income (see instructions)
Part I
Income From Periodicals Reported on a Consolidated Basis
2. Gross
advertising
income
1. Name of periodical
4. Advertising
gain or (loss) (col.
2 minus col. 3). If
a gain, compute
cols. 5 through 7.
3. Direct
advertising costs
5. Circulation
income
6. Readership
costs
7. Excess readership
costs (column 6
minus column 5, but
not more than
column 4).
(1)
(2)
(3)
(4)
Totals (carry to Part II, line (5))
Part II
.
. ▶
Income From Periodicals Reported on a Separate Basis (For each periodical listed in Part II, fill in columns 2
through 7 on a line-by-line basis.)
1. Name of periodical
4. Advertising
gain or (loss) (col.
2 minus col. 3). If
a gain, compute
cols. 5 through 7.
2. Gross
advertising
income
3. Direct
advertising costs
Enter here and on
page 1, Part I,
line 11, col. (A).
Enter here and on
page 1, Part I,
line 11, col. (B).
5. Circulation
income
6. Readership
costs
7. Excess readership
costs (column 6
minus column 5, but
not more than
column 4).
(1)
(2)
(3)
(4)
Totals from Part I
Totals, Part II (lines 1-5)
.
.
.
Enter here and
on page 1,
Part II, line 27.
. ▶
Schedule K—Compensation of Officers, Directors, and Trustees (see instructions)
1. Name
3. Percent of
time devoted to
business
2. Title
%
%
%
%
(1)
(2)
(3)
(4)
Total. Enter here and on page 1, Part II, line 14
4. Compensation attributable to
unrelated business
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Form
990-T (2012)
File Type | application/pdf |
File Title | 2012 Form 990-T |
Subject | Fillable |
Author | SE:W:CAR:MP |
File Modified | 2013-01-09 |
File Created | 2010-01-06 |