<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2020v4.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2021-09-11T15:43:43-05:00</ReturnTs>
    <TaxPeriodEndDt>2020-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>EISNER ADVISORY GROUP LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>733 THIRD AVENUE</AddressLine1Txt>
        <CityNm>NEW YORK</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>100172703</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2020-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>831666946</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Magazzino Italian Art Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% EISNER ADVISORY GROUP LLC</InCareOfNm>
      <BusinessNameControlTxt>MAGA</BusinessNameControlTxt>
      <PhoneNum>2128944054</PhoneNum>
      <USAddress>
        <AddressLine1Txt>C/O EISNER ADVISORY GRP733 3RD AVE</AddressLine1Txt>
        <CityNm>NEW YORK</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>10017</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>nancy olnick</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>2129498700</PhoneNum>
      <SignatureDt>2021-08-31</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>nancy</PersonFirstNm>
        <PersonLastNm>olnick</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>MARIE ARRIGO</PreparerPersonNm>
      <PTIN>P00058583</PTIN>
      <PhoneNum>2129498700</PhoneNum>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>2</TrustedCustomerCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2020</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="12">
    <IRS990PF documentId="IRS990PF">
      <AddressChangeInd>X</AddressChangeInd>
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>17124717</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>8475000</ContriRcvdRevAndExpnssAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSch2">10424</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeAdjNetIncmAmt>10424</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>8485424</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>0</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>10424</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>675024</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>675024</OthEmplSlrsWgsDsbrsChrtblAmt>
        <PensionEmplBnftRevAndExpnssAmt>99732</PensionEmplBnftRevAndExpnssAmt>
        <PensionEmplBnftDsbrsChrtblAmt>95894</PensionEmplBnftDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="LegalFeesSch">66139</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>0</LegalFeesNetInvstIncmAmt>
        <LegalFeesAdjNetIncmAmt>0</LegalFeesAdjNetIncmAmt>
        <LegalFeesDsbrsChrtblAmt>47574</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSch">44125</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>0</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>56625</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OthProfFeesSch">244297</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesDsbrsChrtblAmt>244357</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">18074</TaxesRevAndExpnssAmt>
        <TaxesDsbrsChrtblAmt>18074</TaxesDsbrsChrtblAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="DepreciationSch">474287</DeprecAndDpltnRevAndExpnssAmt>
        <OccupancyRevAndExpnssAmt>78962</OccupancyRevAndExpnssAmt>
        <OccupancyDsbrsChrtblAmt>72074</OccupancyDsbrsChrtblAmt>
        <TravConfMeetingRevAndExpnssAmt>39266</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingDsbrsChrtblAmt>40400</TravConfMeetingDsbrsChrtblAmt>
        <PrintingAndPubRevAndExpnssAmt>32692</PrintingAndPubRevAndExpnssAmt>
        <PrintingAndPubDsbrsChrtblAmt>32692</PrintingAndPubDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSch">883096</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesDsbrsChrtblAmt>917250</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>2655694</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>0</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>2199964</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>9108</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>8108</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>2664802</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>0</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>2208072</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>5820622</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>10424</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>172551</CashBOYAmt>
        <CashEOYAmt>6019697</CashEOYAmt>
        <CashEOYFMVAmt>6019697</CashEOYFMVAmt>
        <PrepaidExpensesBOYAmt>80586</PrepaidExpensesBOYAmt>
        <PrepaidExpensesEOYAmt>93164</PrepaidExpensesEOYAmt>
        <PrepaidExpensesEOYFMVAmt>93164</PrepaidExpensesEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>11799924</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>788068</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>10981998</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="LandEtcSch2">11011856</LandEOYAmt>
        <LandEOYFMVAmt>11011856</LandEOYFMVAmt>
        <TotalAssetsBOYAmt>11235135</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>17124717</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>17124717</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>138078</AccountsPayableBOYAmt>
        <AccountsPayableEOYAmt>95071</AccountsPayableEOYAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="OtherLiabSch">0</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="OtherLiabSch">111967</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>138078</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>207038</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>11097057</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>16917679</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>11097057</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>16917679</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>11235135</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>17124717</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>11097057</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>5820622</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>16917679</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>16917679</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail />
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>0</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>0</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>0</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>14811</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <TotalPaymentsAndCreditsAmt>14811</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>14811</OverpaymentAmt>
        <AppliedToESTaxAmt>14811</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>NY</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>true</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>www.magazzino.art</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>EISNER ADVISORY GROUP LLC</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>2128944054</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>733 THIRD AVENUE</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10017</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>true</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <MaintainedExpenditureRspnsInd referenceDocumentId="ExpdturResponbltStmt">true</MaintainedExpenditureRspnsInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>NANCY OLNICK</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O Eisner ADVISORY GP 733 3RD ave</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GIORGIO SPANU</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O EISNER ADVISORY GRP733 3RD AVE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>STELLA SPANU</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O EISNER ADVISORY GRP733 3RD AVE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>VITTORIO CALABRESE</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O MAGAZZINO FOUNDATION</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>108427</CompensationAmt>
          <EmployeeBenefitsAmt>9171</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>KAROLINA CHOJNOWSKA</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O MAGAZZINO FOUNDATION</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </USAddress>
          <TitleTxt>HEAD OF COMMUNICAT.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>65811</CompensationAmt>
          <EmployeeBenefitsAmt>7964</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>THOMAS HUBER</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O MAGAZZINO FOUNDATION</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </USAddress>
          <TitleTxt>FACILITY MANAGER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>74977</CompensationAmt>
          <EmployeeBenefitsAmt>9171</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>SEAN M KANE</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O MAGAZZINO FOUNDATION</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </USAddress>
          <TitleTxt>SECURITY MANAGER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>64500</CompensationAmt>
          <EmployeeBenefitsAmt>0</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>SVENDSEN &amp; KELLER</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>635 north salem road</AddressLine1Txt>
            <CityNm>RIDGEFIELD</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06877</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>Maintenance</ServiceTypeTxt>
          <CompensationAmt>69151</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>BADEY &amp; WATSON</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>3063 ROUTE 9</AddressLine1Txt>
            <CityNm>COLD SPRING</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10516</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>SURVEYING/ENGINEER</ServiceTypeTxt>
          <CompensationAmt>67883</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>BRILLIANT</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>400 EAGLEVIEW BOULEVARD</AddressLine1Txt>
            <CityNm>EXTON</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19341</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>GRAPHICS</ServiceTypeTxt>
          <CompensationAmt>67659</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>WATERHOUSE CIFUENTES DESIGN LLC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>4-75 48TH AVE SUITE 3907</AddressLine1Txt>
            <CityNm>LONG ISLAND CITY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11109</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>DESIGN CONSULTING</ServiceTypeTxt>
          <CompensationAmt>96000</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>MAGAZZINO ITALIAN ART FOUNDATION IS DEVOTED TO POSTWAR AND CONTEMPORARY ART. THE FOUNDATION SERVES AS A RESOURCE AND OFFERS AN EXTENSIVE LIBRARY AND ARCHIVE OF ITALIAN ART</Description1Txt>
        <Expenses1Amt>2742135</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>400394</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>400394</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>400394</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>6006</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>394388</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>19719</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>2208072</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>542171</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>2750243</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>2750243</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <PrivateOperatingFoundationsGrp>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>10424</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>1129</Year2Amt>
          <TotalAmt>11553</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>8860</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>960</Year2Amt>
          <TotalAmt>9820</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>2750243</CurrentYearAmt>
          <Year1Amt>2384045</Year1Amt>
          <Year2Amt>774755</Year2Amt>
          <TotalAmt>5909043</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriNotUsedDrtGrp>
          <CurrentYearAmt>8108</CurrentYearAmt>
          <Year1Amt>16809</Year1Amt>
          <Year2Amt>7087</Year2Amt>
          <TotalAmt>32004</TotalAmt>
        </QualifyingDistriNotUsedDrtGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>2742135</CurrentYearAmt>
          <Year1Amt>2367236</Year1Amt>
          <Year2Amt>767668</Year2Amt>
          <TotalAmt>5877039</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TotalAssetsGrp />
        <TotalAssetsSect4942j3BiGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsSect4942j3BiGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>13146</CurrentYearAmt>
          <Year1Amt>8509</Year1Amt>
          <Year2Amt>3115</Year2Amt>
          <TotalAmt>24770</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
        <TotalSupportGrp>
          <TotalAmt>0</TotalAmt>
        </TotalSupportGrp>
        <PublicSupportType>
          <TotalAmt>0</TotalAmt>
        </PublicSupportType>
        <LargestSupportFromEOGrp>
          <TotalAmt>0</TotalAmt>
        </LargestSupportFromEOGrp>
        <GrossInvestmentIncomeGrp>
          <TotalAmt>0</TotalAmt>
        </GrossInvestmentIncomeGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NANCY OLNICK</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>fondazione la quadriennale di roma</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>via nazionale 194</AddressLine1Txt>
            <CityNm>roma RM</CityNm>
            <CountryCd>IT</CountryCd>
            <ForeignPostalCd>00184</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES (SEE EXPENDITURE RESPOSIBILITY ATTACHMENT).</GrantOrContributionPurposeTxt>
          <Amt>5993</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>New York State Sheriff's Association</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>27 Elk Street</AddressLine1Txt>
            <CityNm>Albany</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12207</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>75</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>putnam history museum</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>63 chestnut street</AddressLine1Txt>
            <CityNm>cold spring</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10516</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>none</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>rx art inc</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>attn diane Brown 208 forsyth stre</AddressLine1Txt>
            <CityNm>new york</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10002</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>none</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>40</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ANNEKE CHAN</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>C/O MAGAZZINO ITALIAN ART FOUNDATIO</AddressLine1Txt>
            <AddressLine2Txt>C/O EISNERAMPER LLP 733 3RD AVE</AddressLine2Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATIONAL SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>8108</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CENTER FOR ITALIAN MODERN ART</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>421 BROOME STREET 4TH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10013</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>none</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General charitable purposes</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>1000</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DivAndIntFromSecPartVIIGrp />
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp />
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <OtherRevenueDescribedGrp>
          <Desc>OTHER INCOME</Desc>
          <ExclusionCd>01</ExclusionCd>
          <ExclusionAmt>10424</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>10424</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>10424</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>NANCY OLNICK</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>C/O Eisner ADVISORY GROUP 733 thir</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10017</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>8475000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING &amp; AUDIT FEES</CategoryTxt>
        <Amt>44125</Amt>
        <DisbursementsCharitablePrpsAmt>56625</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch">
      <DepreciationPropertyGrp>
        <PropertyDesc>2016 FORD TR-350</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>27622</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>7365</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>5524</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2016 FORD TR-350</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>26572</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>7085</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>5314</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2018 FORD F250</PropertyDesc>
        <AcquiredDt>2018-10-11</AcquiredDt>
        <CostOrOtherBasisAmt>54217</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>13553</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>10843</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WEB - BENJAMIN CR</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>11000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4889</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>3</LifeRt>
        <CurrentYearExpenseAmt>3667</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WEB - REGISTER</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>4230</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1880</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>3</LifeRt>
        <CurrentYearExpenseAmt>1410</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WEB - WEBSITE CONS</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>19990</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>8884</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>3</LifeRt>
        <CurrentYearExpenseAmt>6664</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WEB - ENTERMEDIA</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>164860</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>73271</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>3</LifeRt>
        <CurrentYearExpenseAmt>54953</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WEB</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>7500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3333</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>3</LifeRt>
        <CurrentYearExpenseAmt>2500</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>APPLE COMPUTER</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>710</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>189</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>142</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>APPLE COMPUTER</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>1610</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>429</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>322</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>APPLE COMPUTER</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>790</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>211</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>158</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>APPLE COMPUTER</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>1170</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>312</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>234</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>APPLE COMPUTER</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>790</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>211</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>158</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>ACCESSORIES</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>133</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>100</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>APPLE COMPUTER</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>1220</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>325</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>244</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>APPLE COMPUTER</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>1230</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>328</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>246</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HP PRINTER</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>1850</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>493</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>370</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>ACCESSORIES</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>390</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>104</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>78</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>APPLE COMPUTER</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>2338</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>624</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>469</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MUSIC LICENSE</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>100</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>67</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>2</LifeRt>
        <CurrentYearExpenseAmt>33</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>CIFUENTES DESIGN</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>60627</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>40419</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>2</LifeRt>
        <CurrentYearExpenseAmt>20208</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HIGHROAD PRESS</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>8500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5667</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>2</LifeRt>
        <CurrentYearExpenseAmt>2833</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>BRIAN GRAZIA</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>75</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>51</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>2</LifeRt>
        <CurrentYearExpenseAmt>24</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAURA CONTE</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>14845</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>9897</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>2</LifeRt>
        <CurrentYearExpenseAmt>4948</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MARVIN HEIFERMAN</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>6489</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4327</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>2</LifeRt>
        <CurrentYearExpenseAmt>2162</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>RIZZOLI INT'L PUB</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>76962</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>51308</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>2</LifeRt>
        <CurrentYearExpenseAmt>25654</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>DOMENCIO PALMA</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>4353</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2903</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>2</LifeRt>
        <CurrentYearExpenseAmt>1450</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>ARTBOOK</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>4877</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3252</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>2</LifeRt>
        <CurrentYearExpenseAmt>1625</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PHOTO EQUIPMENT</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>3220</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>859</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>644</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SCISSOR LIFT</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>8670</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2312</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>1735</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AV SYSTEM</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>47190</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>12584</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>9438</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AV SYSTEM</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>8220</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2192</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>1644</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>OFFICE FURNITURE</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>8090</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1541</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>1156</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PEDESTALS</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>1000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>190</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>143</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>OFFICE FURNITURE</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>1170</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>223</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>167</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>OFFICE FURNITURE</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>19780</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3768</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>2827</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>OFFICE FURNITURE</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>1340</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>255</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>191</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PEDESTALS</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>670</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>128</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>96</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>OFFICE FURNITURE</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>23340</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4445</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>3334</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TABLES</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>10300</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1961</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>1471</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SEATS TAG</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>940</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>179</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>134</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>OFFICE FURNITURE</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>4350</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>828</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>622</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LIGHT FIXTURES</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>2120</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>404</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>303</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>EASY CHAIRS</PropertyDesc>
        <AcquiredDt>2018-10-22</AcquiredDt>
        <CostOrOtherBasisAmt>17745</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3169</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>2535</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FILING CABINETS</PropertyDesc>
        <AcquiredDt>2018-11-14</AcquiredDt>
        <CostOrOtherBasisAmt>5869</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>978</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>838</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LOGO</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>14280</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2720</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>2040</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SIGNAGE</PropertyDesc>
        <AcquiredDt>2018-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>18080</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3444</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>2583</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2019 FORD ECOSPORT</PropertyDesc>
        <AcquiredDt>2019-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>24329</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1622</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>4866</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>DINING TABLE</PropertyDesc>
        <AcquiredDt>2019-06-01</AcquiredDt>
        <CostOrOtherBasisAmt>3984</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>332</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>569</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>BUILDING</PropertyDesc>
        <AcquiredDt>2019-11-22</AcquiredDt>
        <CostOrOtherBasisAmt>10270000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>28137</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39</LifeRt>
        <CurrentYearExpenseAmt>263333</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND</PropertyDesc>
        <AcquiredDt>2019-11-22</AcquiredDt>
        <CostOrOtherBasisAmt>254791</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PAVILION CONSTRUCT</PropertyDesc>
        <AcquiredDt>2019-12-31</AcquiredDt>
        <CostOrOtherBasisAmt>40884</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Pavilion Contruct</PropertyDesc>
        <CostOrOtherBasisAmt>215994</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Web - Entermedia</PropertyDesc>
        <AcquiredDt>2020-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>19500</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>3</LifeRt>
        <CurrentYearExpenseAmt>2167</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Computer</PropertyDesc>
        <AcquiredDt>2020-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>7600</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>507</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MACHINERY &amp; EQUIP</PropertyDesc>
        <AcquiredDt>2020-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>37462</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>5620</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MACHINERY &amp; EQUIP</PropertyDesc>
        <AcquiredDt>2020-05-01</AcquiredDt>
        <CostOrOtherBasisAmt>22167</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>2957</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MACHINERY &amp; EQUIP</PropertyDesc>
        <AcquiredDt>2020-06-01</AcquiredDt>
        <CostOrOtherBasisAmt>19543</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>2281</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MACHINERY &amp; EQUIP</PropertyDesc>
        <AcquiredDt>2020-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>9212</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>921</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MACHINERY &amp; EQUIP</PropertyDesc>
        <AcquiredDt>2020-08-01</AcquiredDt>
        <CostOrOtherBasisAmt>575</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>48</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MACHINERY &amp; EQUIP</PropertyDesc>
        <AcquiredDt>2020-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>20954</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>1397</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MACHINERY &amp; EQUIP</PropertyDesc>
        <AcquiredDt>2020-11-01</AcquiredDt>
        <CostOrOtherBasisAmt>7599</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>253</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MACHINERY &amp; EQUIP</PropertyDesc>
        <AcquiredDt>2020-12-01</AcquiredDt>
        <CostOrOtherBasisAmt>8495</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>142</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Furniture&amp;fixtures</PropertyDesc>
        <AcquiredDt>2020-03-01</AcquiredDt>
        <CostOrOtherBasisAmt>2675</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>318</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Furniture&amp;fixtures</PropertyDesc>
        <AcquiredDt>2020-05-01</AcquiredDt>
        <CostOrOtherBasisAmt>17821</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>1697</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Furniture&amp;Fixtures</PropertyDesc>
        <AcquiredDt>2020-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>5587</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>399</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Furniture&amp;Fixtures</PropertyDesc>
        <AcquiredDt>2020-10-01</AcquiredDt>
        <CostOrOtherBasisAmt>11268</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>402</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Building Improvemt</PropertyDesc>
        <AcquiredDt>2020-06-01</AcquiredDt>
        <CostOrOtherBasisAmt>10174</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39</LifeRt>
        <CurrentYearExpenseAmt>152</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Building Improvemt</PropertyDesc>
        <AcquiredDt>2020-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>25830</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39</LifeRt>
        <CurrentYearExpenseAmt>331</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Building Improvemt</PropertyDesc>
        <AcquiredDt>2020-08-01</AcquiredDt>
        <CostOrOtherBasisAmt>9523</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39</LifeRt>
        <CurrentYearExpenseAmt>102</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Building Improvemt</PropertyDesc>
        <AcquiredDt>2020-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>4218</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39</LifeRt>
        <CurrentYearExpenseAmt>36</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Land</PropertyDesc>
        <AcquiredDt>2020-02-01</AcquiredDt>
        <CostOrOtherBasisAmt>6000</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Land Improvements</PropertyDesc>
        <AcquiredDt>2020-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>7731</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15</LifeRt>
        <CurrentYearExpenseAmt>387</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Land Improvements</PropertyDesc>
        <AcquiredDt>2020-05-01</AcquiredDt>
        <CostOrOtherBasisAmt>6785</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15</LifeRt>
        <CurrentYearExpenseAmt>302</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Land Improvements</PropertyDesc>
        <AcquiredDt>2020-06-01</AcquiredDt>
        <CostOrOtherBasisAmt>11856</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15</LifeRt>
        <CurrentYearExpenseAmt>461</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Land Improvements</PropertyDesc>
        <AcquiredDt>2020-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>9216</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15</LifeRt>
        <CurrentYearExpenseAmt>307</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Land Improvements</PropertyDesc>
        <AcquiredDt>2020-08-01</AcquiredDt>
        <CostOrOtherBasisAmt>2800</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15</LifeRt>
        <CurrentYearExpenseAmt>78</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Land Improvements</PropertyDesc>
        <AcquiredDt>2020-12-01</AcquiredDt>
        <CostOrOtherBasisAmt>3560</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15</LifeRt>
        <CurrentYearExpenseAmt>20</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <ExpenditureResponsibilityStmt documentId="ExpdturResponbltStmt">
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>FONDAZIONE LA Quadriennale Di Roma</BusinessNameLine1Txt>
        </BusinessName>
        <ForeignAddress>
          <AddressLine1Txt>via nazionale 194</AddressLine1Txt>
          <CityNm>rome</CityNm>
          <CountryCd>IT</CountryCd>
          <ForeignPostalCd>00184</ForeignPostalCd>
        </ForeignAddress>
        <GrantDt>2020-11-18</GrantDt>
        <GrantAmt>5993</GrantAmt>
        <PurposeOfGrantTxt>IN SUPPORT OF tHE ARTISTIC AND CULTURAL ACTIVITIES PROMOTED BY THE ORGANIZATION</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>5993</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>08/05/2021</DatesOfReportsByGranteeTxt>
        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
    </ExpenditureResponsibilityStmt>
    <LandEtcSchedule2 documentId="LandEtcSch2">
      <LandEtcGrp>
        <CategoryOrItemTxt>2016 FORD TR-350</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>27622</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>12889</AccumulatedDepreciationAmt>
        <BookValueAmt>14733</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>2016 FORD TR-350</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>26572</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>12399</AccumulatedDepreciationAmt>
        <BookValueAmt>14173</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>2018 FORD F250</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>54217</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>24396</AccumulatedDepreciationAmt>
        <BookValueAmt>29821</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>WEB - BENJAMIN CR</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>11000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>8556</AccumulatedDepreciationAmt>
        <BookValueAmt>2444</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>WEB - REGISTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>4230</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>3290</AccumulatedDepreciationAmt>
        <BookValueAmt>940</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>WEB - WEBSITE CONS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>19990</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>15548</AccumulatedDepreciationAmt>
        <BookValueAmt>4442</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>WEB - ENTERMEDIA</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>164860</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>128224</AccumulatedDepreciationAmt>
        <BookValueAmt>36636</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>WEB</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>7500</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>5833</AccumulatedDepreciationAmt>
        <BookValueAmt>1667</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>APPLE COMPUTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>710</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>331</AccumulatedDepreciationAmt>
        <BookValueAmt>379</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>APPLE COMPUTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1610</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>751</AccumulatedDepreciationAmt>
        <BookValueAmt>859</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>APPLE COMPUTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>790</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>369</AccumulatedDepreciationAmt>
        <BookValueAmt>421</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>APPLE COMPUTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1170</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>546</AccumulatedDepreciationAmt>
        <BookValueAmt>624</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>APPLE COMPUTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>790</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>369</AccumulatedDepreciationAmt>
        <BookValueAmt>421</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>ACCESSORIES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>500</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>233</AccumulatedDepreciationAmt>
        <BookValueAmt>267</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>APPLE COMPUTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1220</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>569</AccumulatedDepreciationAmt>
        <BookValueAmt>651</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>APPLE COMPUTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1230</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>574</AccumulatedDepreciationAmt>
        <BookValueAmt>656</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HP PRINTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1850</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>863</AccumulatedDepreciationAmt>
        <BookValueAmt>987</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>ACCESSORIES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>390</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>182</AccumulatedDepreciationAmt>
        <BookValueAmt>208</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>APPLE COMPUTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2338</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1093</AccumulatedDepreciationAmt>
        <BookValueAmt>1245</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>MUSIC LICENSE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>100</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>100</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>CIFUENTES DESIGN</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>60627</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>60627</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HIGHROAD PRESS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>8500</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>8500</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>BRIAN GRAZIA</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>75</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>75</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LAURA CONTE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>14845</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>14845</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>MARVIN HEIFERMAN</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>6489</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>6489</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>RIZZOLI INT'L PUB</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>76962</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>76962</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>DOMENCIO PALMA</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>4353</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4353</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>ARTBOOK</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>4877</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4877</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>PHOTO EQUIPMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>3220</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1503</AccumulatedDepreciationAmt>
        <BookValueAmt>1717</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>SCISSOR LIFT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>8670</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4047</AccumulatedDepreciationAmt>
        <BookValueAmt>4623</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>AV SYSTEM</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>47190</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>22022</AccumulatedDepreciationAmt>
        <BookValueAmt>25168</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>AV SYSTEM</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>8220</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>3836</AccumulatedDepreciationAmt>
        <BookValueAmt>4384</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>OFFICE FURNITURE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>8090</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2697</AccumulatedDepreciationAmt>
        <BookValueAmt>5393</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>PEDESTALS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>333</AccumulatedDepreciationAmt>
        <BookValueAmt>667</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>OFFICE FURNITURE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1170</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>390</AccumulatedDepreciationAmt>
        <BookValueAmt>780</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>OFFICE FURNITURE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>19780</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>6595</AccumulatedDepreciationAmt>
        <BookValueAmt>13185</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>OFFICE FURNITURE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1340</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>446</AccumulatedDepreciationAmt>
        <BookValueAmt>894</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>PEDESTALS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>670</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>224</AccumulatedDepreciationAmt>
        <BookValueAmt>446</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>OFFICE FURNITURE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>23340</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>7779</AccumulatedDepreciationAmt>
        <BookValueAmt>15561</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>TABLES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>10300</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>3432</AccumulatedDepreciationAmt>
        <BookValueAmt>6868</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>SEATS TAG</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>940</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>313</AccumulatedDepreciationAmt>
        <BookValueAmt>627</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>OFFICE FURNITURE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>4350</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1450</AccumulatedDepreciationAmt>
        <BookValueAmt>2900</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LIGHT FIXTURES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2120</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>707</AccumulatedDepreciationAmt>
        <BookValueAmt>1413</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>EASY CHAIRS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>17745</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>5704</AccumulatedDepreciationAmt>
        <BookValueAmt>12041</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>FILING CABINETS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>5869</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1816</AccumulatedDepreciationAmt>
        <BookValueAmt>4053</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LOGO</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>14280</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4760</AccumulatedDepreciationAmt>
        <BookValueAmt>9520</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>SIGNAGE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>18080</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>6027</AccumulatedDepreciationAmt>
        <BookValueAmt>12053</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>2019 FORD ECOSPORT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>24329</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>6488</AccumulatedDepreciationAmt>
        <BookValueAmt>17841</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>DINING TABLE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>3984</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>901</AccumulatedDepreciationAmt>
        <BookValueAmt>3083</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>BUILDING</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>10270000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>291470</AccumulatedDepreciationAmt>
        <BookValueAmt>9978530</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>254791</CostOrOtherBasisAmt>
        <BookValueAmt>254791</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>PAVILION CONSTRUCT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>40884</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>40884</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Pavilion Contruct</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>215994</CostOrOtherBasisAmt>
        <BookValueAmt>215994</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Web - Entermedia</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>19500</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2167</AccumulatedDepreciationAmt>
        <BookValueAmt>17333</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Computer</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>7600</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>507</AccumulatedDepreciationAmt>
        <BookValueAmt>7093</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>MACHINERY &amp; EQUIP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>37462</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>5620</AccumulatedDepreciationAmt>
        <BookValueAmt>31842</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>MACHINERY &amp; EQUIP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>22167</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2957</AccumulatedDepreciationAmt>
        <BookValueAmt>19210</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>MACHINERY &amp; EQUIP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>19543</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2281</AccumulatedDepreciationAmt>
        <BookValueAmt>17262</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>MACHINERY &amp; EQUIP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>9212</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>921</AccumulatedDepreciationAmt>
        <BookValueAmt>8291</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>MACHINERY &amp; EQUIP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>575</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>48</AccumulatedDepreciationAmt>
        <BookValueAmt>527</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>MACHINERY &amp; EQUIP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>20954</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1397</AccumulatedDepreciationAmt>
        <BookValueAmt>19557</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>MACHINERY &amp; EQUIP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>7599</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>253</AccumulatedDepreciationAmt>
        <BookValueAmt>7346</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>MACHINERY &amp; EQUIP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>8495</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>142</AccumulatedDepreciationAmt>
        <BookValueAmt>8353</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Furniture&amp;fixtures</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2675</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>318</AccumulatedDepreciationAmt>
        <BookValueAmt>2357</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Furniture&amp;fixtures</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>17821</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1697</AccumulatedDepreciationAmt>
        <BookValueAmt>16124</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Furniture&amp;Fixtures</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>5587</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>399</AccumulatedDepreciationAmt>
        <BookValueAmt>5188</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Furniture&amp;Fixtures</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>11268</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>402</AccumulatedDepreciationAmt>
        <BookValueAmt>10866</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Building Improvemt</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>10174</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>152</AccumulatedDepreciationAmt>
        <BookValueAmt>10022</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Building Improvemt</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>25830</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>331</AccumulatedDepreciationAmt>
        <BookValueAmt>25499</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Building Improvemt</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>9523</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>102</AccumulatedDepreciationAmt>
        <BookValueAmt>9421</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Building Improvemt</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>4218</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>36</AccumulatedDepreciationAmt>
        <BookValueAmt>4182</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>6000</CostOrOtherBasisAmt>
        <BookValueAmt>6000</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land Improvements</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>7731</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>387</AccumulatedDepreciationAmt>
        <BookValueAmt>7344</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land Improvements</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>6785</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>302</AccumulatedDepreciationAmt>
        <BookValueAmt>6483</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land Improvements</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>11856</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>461</AccumulatedDepreciationAmt>
        <BookValueAmt>11395</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land Improvements</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>9216</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>307</AccumulatedDepreciationAmt>
        <BookValueAmt>8909</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land Improvements</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2800</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>78</AccumulatedDepreciationAmt>
        <BookValueAmt>2722</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land Improvements</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>3560</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>20</AccumulatedDepreciationAmt>
        <BookValueAmt>3540</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSch">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>66139</LegalFeesAmt>
        <DisbursementsCharitablePrpsAmt>47574</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>ADVERTISING EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>65380</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>73382</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>AUTOMOBILE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>6898</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>6898</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>88360</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>97733</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>REPAIRS AND MAINTENANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>178404</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>163673</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>70374</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>71642</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>23173</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>24500</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>WEBSITE</Desc>
        <RevenueAndExpensesPerBooksAmt>86776</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>92097</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OTHER ADMINISTRATIVE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>48464</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>80880</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ART INSTALLATION</Desc>
        <RevenueAndExpensesPerBooksAmt>396</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>396</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>RESEARCH CENTER</Desc>
        <RevenueAndExpensesPerBooksAmt>14425</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>15650</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PROGRAMS &amp; EXHIBITIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>259744</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>250812</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MARKETING MATERIALS</Desc>
        <RevenueAndExpensesPerBooksAmt>21942</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>20827</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PRINTING &amp; VIDEO</Desc>
        <RevenueAndExpensesPerBooksAmt>18760</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>18760</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>Credit card refunds</Desc>
        <RevenueAndExpensesPerBooksAmt>10424</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>10424</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilitiesDetail>
        <Desc>SBA CARES ACT PAYCHECK PROTECTION PROGRAM LOAN</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>111967</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CONSULTING FEES</CategoryTxt>
        <Amt>18050</Amt>
        <DisbursementsCharitablePrpsAmt>18110</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>DESIGN CONSULTING</CategoryTxt>
        <Amt>96000</Amt>
        <DisbursementsCharitablePrpsAmt>96000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>PUBLIC RELATIONS</CategoryTxt>
        <Amt>96734</Amt>
        <DisbursementsCharitablePrpsAmt>96734</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ART INSTALLER</CategoryTxt>
        <Amt>19462</Amt>
        <DisbursementsCharitablePrpsAmt>19462</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>OTHER PROFESSIONAL FEES</CategoryTxt>
        <Amt>14051</Amt>
        <DisbursementsCharitablePrpsAmt>14051</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAX</CategoryTxt>
        <Amt>17299</Amt>
        <DisbursementsCharitablePrpsAmt>17299</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>NYS FILING FEE</CategoryTxt>
        <Amt>775</Amt>
        <DisbursementsCharitablePrpsAmt>775</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
