N
.Form
Return of Private Foundation
990-PF
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Department of the Treasury
Internal Revenue Service
(.hprk all that annly
Use the IRS
and ending
P1 Initial return
n Final return
n Amended return
n Andress ch anne
Name of foundation
Number and street (or P O box number if ma i l is not delivered to street address )
or type .
See Specific
Instructions
52-6046691
Room/suite
410-377-6428
state, and ZIP code
BALTIMORE ,
MD
C If exemption application is pending , check here
D 1. Foreign organizations, check here
21204
Section 501(c)(3) exempt private foundation
H Check type of organization:
0 Section 4947 ( a )( 1 ) nonexem p t charitable trust 0 Other taxable p rivate foundation
Accrual
® Cash
I Fair market value of all assets at end of year J Accounting method:
= Other (specify)
(from Part 11, co/ (c), line 16)
6 4 2 8 2 7 . (Part 1, column (d) must be on cash basis)
Part I Analysis of Revenue and Expenses
(a) Revenue and
(b) Net investment
(The total of amounts in columns ( b), (c), and (d) may not
ex p enses p er books
income
necessarily equal the amounts in column (a))
1
Contributions, gifts, grants, etc., received
2
Check ^ ® d the foundation is not required to attach Sch B
Interest on savings and temporary
cash investments
3
g Telephone number
1110 ROLANDV[7E ROAD
City or town,
n Name channe
A Employer identification number
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
label
Otherwise , C /O BEVERLEY C. COMPTON , JR.
print
2008
Note The foundation may be able to use a copy of this return to satisfy state reporting requirements.
For calendar year 2008, or tax year beginning
n
OMB No 1545-0052
4 Dividends and Interest from securities
5a Gross rents
2
Forn oranizions meeting the g5% test,
c heck here and attach comp tat o
E If p rivate foundation status was terminated
under section 507(b)(1)(A), check here
F If the foundation is in a 60-month termination
under section 507(b )( 1 13), check here
PP.
( d) Disbursements
(c) Adjusted net
for charitable purposes
(cash basis only)
income
N/A
-
15 , 748.
STATEMENT 2
15 , 748.
b Net rental income or Qoss)
6a Net gain or (loss ) from sale of assets not on line 10
Gross sales price for all
b assets on l i ne Ba
y
NT 1
<54 , 046. >
528,523.
7
Capital gain net income (from Part IV, line 2)
8
9
Net short-term capital gain
Income modifications
0-
I
V
Q
C'
9
6
Gross sales less returns
1 Oa and allowances
b Less Cost of goods sold
11
12
13
c Gross profit or (loss)
Other income
Total Add lines 1 throu g h 11
<38 , 298. >
Compensation of officers, directors , trustees , etc
15 , 748.
0
0.
0.
654.
154.
0.
19 , 935.
16 , 435.
1 8 9 9.
20 , 589.
16 , 589.
14 Other employee salaries and wages
15 Pension plans, employee benefits
N
IUD) 16a Legal fees
w
b Accounting fees
W
c Other professional fees
> 17 Interest
2 18 Taxes
19
20
0
c
c
C-
3
< 21
c: 22
c 23 Other expenses
c
24
c.
I-
STMT 4
Total operating and administrative
expenses Add lines 13 through 23
0 25 Contributions, gifts, grants paid
L
C
26
C]
L
STMT 3
Depreciation and depletion
Occupancy
Travel, conferences, and meetings
Printing and publications
V
27
Total expenses and disbursements
Add lines 24 and 25
Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements
32 , 589.
13 , 899.
16 , 589.
-
< 7 0
8 8 7
b Net investment income (if negative, enter -0-)
c Adjusted net income (if negative enter -0-)
LHA For Privacy Act and Paperwork Reduction Act Notice , see the instructions .
823501
01-02-09
1 , 899.
12 , 000 .
12 , 000.
0
N/A
Form 990-PF (2008)
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
Fnrm 990-PF (2008)
Part II
1
2
3
4
5
6
7
C' / r)
Balance Sh ee ts
PR I MP 7,.V
C` _
Other notes and loans receivable
^
^
15
Other assets (describe ^
STMT
5 , 607.
51 , 336.
5 , 607.
51 , 336.
787 , 666.
725 , 234.
585 , 884.
853 , 064.
782 , 177.
642 , 827.
0.
0.
0.
0.
0.
0.
853 , 064.
782 , 177.
853 , 064.
782 , 177.
853 , 064. 1
782 , 177. 1
_
5
^
u)
16 Total assets to be com p leted b y all filers
17 Accounts payable and accrued expenses
18 Grants payable
19 Deferred revenue
-
20
Loans from officers , directors , trustees , and other disqualified persons
c^a
21
22
Mortgages and other notes payable
Other liabilities (describe ^
23 T otal liabilities (add lines 17 through 22)
Foundations that follow SFAS 117, check here
^ 0
and complete lines 24 through 26 and lines 30 and 31
24 Unrestricted
25 Temporarily restricted
m 26 Permanently restricted
Foundations that do not follow SFAS 117, check here
^
C
and
complete
lines
through
31
27
L
0
N 27 Capital stock, trust principal, or current funds
y 28 Paid-in or capital surplus, or land, bldg., and equipment fund
W
29 Retained earnings, accumulated income, endowment, or other funds
Z 30 Total net assets or fund balances
31
Total liabilities and net assets/fund balances
Part III
1
2
Page 2
End of year
(c) Fair Market Value
^
Less accumulated depreciation
Investments - mortgage loans
Investments - other
Land, buildings, and equipment basis ^
(b) Book Value
3 , 831.
61 , 567.
investments - land, buildings , and equipment basis
12
13
14
S 2 - F, (14 F Fi q 1
Beginning of year
(a) Book Value
Accounts receivable ^
Less, allowance for doubtful accounts ^
Pledges receivable ^
Less: allowance for doubtful accounts ^
Grants receivable
Receivables due from officers, directors, trustees, and other
disqualified persons
Less accumulated depreciation
J
,TP -
Cash - non-Interest-bearing
Savings and temporary cash investments
Less: allowance for doubtful accounts ^
8 Inventories for sale or use
9 Prepaid expenses and deferred charges
10a Investments - U.S. and state government obligations
b Investments - corporate stock
c Investments - corporate bonds
11
(YIMUTf M
andamounts inthedescnption
A ^chedschedules
column should betorend-ot -year amounts only
Analysis of Changes in Net Assets or Fund Balances
Total net assets or fund balances at beginning of year - Part II, column (a), line 30
(must agree with end-of-year figure reported on prior year's return)
Enter amount from Part I, line 27a
3 Other increases not included in line 2 (Itemize) ^
4 Add lines 1, 2, and 3
5 Decreases not included in line 2 (itemize) ^
6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b). line 30
1
853 064
2
3
4
<70
5
6
0
7 8 2 , 17 7
887 . >
0
782 , 177 .
Form 990-PF (2008)
823511
01-02-09
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
Form 990-PF (2008)
C / O BEVERLEY C. COMPTON , JR.
Capita l Gains a nd Losses for Tax on Investment Income
Part IV
(b How acquired
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
la UBS FINANCIAL SERVICES ,
b UBS FINANCIAL SERVICES ,
Page 3
52-6046691
(c) Date acquired
(mo., day, yr.)
D - Donation
P
P
INC.
INC.
(d) Date sold
(mo., day, yr.)
VARIOUS
VARIOUS
VARIOUS
VARIOUS
c
d
e
(e) Gross sales price
(f) Depreciation allowed
(or allowable)
322
259
271 835.
256 688.
a
b
(h) Gain or (loss)
(e) plus (f) minus (g)
(g) Cost or other basis
plus expense of sale
901.
668.
<51 , 066.
<2 , 980.
c
d
e
Comple te only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69
(I) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col (h))
(k) Excess of col. (i)
over col. (I), if any
(j) Adjusted basis
as of 12/31/69
<51 066.
<2 980.
a
b
C
d
e
r If gain, also enter in Part I, line 7
2 Capital gain net income or (net capital loss)
3
Vl If (loss), enter -0- in Part I, line 7
1
)
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c).
If (loss ) , enter -0- in Part I, line 8
2
<54
,
046.
N/A
3
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
Part V
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940( d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period9
If 'Yes,' the foundation does not qualify under section 4940 ( e). Do not complete this part.
1 Enter the appropriate amou nt in each co lumn for each year ; see instructions before making any entries.
Base period years
Calendar y ear ( or tax y ear be g inning in )
Adjusted qualifying distributions
2007
2006
2005
2004
2003
23
26
59
203
111
, 160.
, 078.
, 296.
244.
161.
Yes [2:1 No
d
Distribution ratio
(col (b) divided by col. (c))
Net value of nonchantable use assets
934
869
946
997
969
.024775
.029982
.062658
.203782
.114599
829.
801.
339.
359.
999.
2 Total of line 1, column (d)
2
. 435796
3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the number of years
the foundation has been in existence if less than 5 years
3
.
4 Enter the net value of noncharitable-use assets for 2008 from Part X, line 5
4
775 , 003.
087159
5
Multiply line 4 by line 3
5
67 , 548.
6
Enter 1% of net investment income (1% of Part I, line 27b)
6
0.
7
67 , 548.
8
13 , 899.
7 Add lines 5 and 6
B
Enter qualifying distributions from Part XII, line 4
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate.
See the Part VI instructions.
823521
01-02-09
Form 990-PF (2008)
Form 990-PF (2008)
Part VI
MUNICIPAL ART SOCIETY OF BALTIMORE
C / O BEVERLEY C. COMP TON, JR .
CITY
Page 4
52-6046691
Excise Tax Based on Investment Income (Section 4940(a), 4940 (b), 4940(e), or 4948 - see instructions)
la Exempt operating foundations described in section 4940(d)(2), check here ^ El and enter 'N/A' on line 1.
Date of ruling letter:
( attach copy of ruling letter if necessary - see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check here ^ 0 and enter 1%
of Part I, line 27b
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only Others enter -0-)
3 Add lines 1 and 2
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
5 Tax based on investment income Subtract line 4 from line 3. If zero or less, enter -06 Credits/Payments:
a 2008 estimated tax payments and 2007 overpayment credited to 2008
6a
2 , 368.
b Exempt foreign organizations - tax withheld at source
6b
c Tax paid with application for extension of time to file (Form 8868)
6c
d Backup withholding erroneously withheld
6d
7 Total credits and payments Add lines 6a through 6d
8 Enter any penalty for underpayment of estimated tax. Check here = if Form 2220 is attached
9 Tax due . If the total of lines 5 and 8 is more than line 7, enter amount owed
^
10 Overpayment If line 7 is more than the total of lines 5 and 8, enter the amount overpaid
^
11 Enter the amount of line 10 to be: Credited to 2009 estimated tax 00,
2 3 6 8 , Refunded Pj^
1
0.
2
0.
0.
3
4
5
0.
0.
7
2 , 368.
8
9
2 , 368.
10
11
0.
Part VII-A - I Statements Regarding Activities
1a During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in
any political campaign?
b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see instructions for definition)
If the answer is "Yes" to 1 a or 1b, attach a detailed description of the activities and copies of any materials published o r
distributed by the foundation in connection with the activities
c Did the foundation file Form 1120 -POL for this year's
d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. ^ $
0. (2) On foundation managers ^ $
0.
e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed on foundation
managers. ^ $
0.
2 Has the foundation engaged in any activities that have not previously been reported to the IRS?
If "Yes, " attach a detailed description of the activities
3 Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or
bylaws, or other similar instruments? If "Yes,"attach a conformed copy of the changes
4a Did the foundation have unrelated business gross income of $1,000 or more during the year?
b If 'Yes,' has it filed a tax return on Form 990 -T for this year?
5 Was there a liquidation, termination, dissolution, or substantial contraction during the year?
If "Yes, " attach the statement required by General Instruction T
6 Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either.
• By language in the governing instrument, or
• By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict with the state law
remain in the governing instrument?
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes, " complete Part ll, col (c), and Part XV.
N/A
la
X
lb
X
is
X
2
X
3
X
4a
X
4b
5
X
6
7
X
X
Ba Enter the states to which the foundation reports or with which it is registered (see instructions) ^
MD
b If the answer is 'Yes* to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate)
of each state as required by General Instruction G' If "No, " attach explanation
9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942(1)(3) or 4942(j)(5) for calendar
year 2008 or the taxable year beginning in 2008 (see instructions for Part XIV)? If "Yes, " complete Part XIV
0 Did any oersons become substantial contributors durino the tax year' If'•Yes " attach n ached ilo 1,f nn the,. -- N
X
Form 990-PF (2008)
823531
01-02-09
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
For m 990-PF ( 2008)
C / O BEVERLEY C.
COMPTON ,
Page 5
52-6046691
JR.
Part VII-A Statements Regarding Activities (continued)
11
12
13
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the meaning of
section 512(b)(13)7 If'Yes,'attach schedule (see instructions)
Did the foundation acquire a direct or indirect interest in any applicable insurance contract before
Telephone no. ^ ( 410)
COMPTON
Located at ^ 1110 ROLANDVUE ROAD,
BALTIMORE,
X
X
377-6428
ZIP+4 ^ 212 0 4
MD
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - Check here
and enter the amount of tax-exem p t interest received or accrued durin g the year
X
12
13
August 17 , 20089
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
Website address ^ N/A
14 The books are in care of ^ BEVERLEY C.
15
11
^
^
15
N/A
Part VII- B Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column , unless an exception applies.
la During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person?
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
(5) Transfer any income or assets to a disqualified person (or make any of either available
Yes
0 Yes ® No
Yes ® No
No
Yes
No
Yes
Yes ® No
for the benefit or use of a disqualified person)?
(6) Agree to pay money or property to a government official? ( Exception Check "No'
if the foundation agreed to make a grant to or to employ the official for a period after
Yes ® No
termination of government service, if terminating within 90 days.)
b If any answer is Yes to la(1)-(6), did any of the acts fail to qualify under the exceptions described in Regulations
N/A
section 53 4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?
^0
Organizations relying on a current notice regarding disaster assistance check here
c Did the foundation engage in a prior year in any of the acts described in la, other than excepted acts, that were not corrected
before the first day of the tax year beginning in 20087
2 Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private operating foundation
defined in section 4942(1)(3) or 4942(f)(5))*
a At the end of tax year 2008, did the foundation have any undistributed income (lines 6d and 6e. Part XIII) for tax year(s) beginning
Yes
before 20089
It'Yes," list the years ^
b Are there any years listed in 2a for which the foundation is not applying the provisiorrs of section 4942(a)(2) (relating to incorrect
valuation of assets) to the year's undistributed income? (If applying section 4942(a)(2) to all years listed, answer "No" and attach
statement - see instructions.)
No
lb
1c
X
No
N/A
2b
c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
3a Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time
during the year?
0 Yes ® No
b ItYes,' did it have excess business holdings in 2008 as a result of (1) any purchase by the foundation or disqualified persons after
May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose
of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C,
N/A
Form 4720, to determine if the foundation had excess business holdings in 2008.)
4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
b Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that
had not been removed from ieooardv before the first day of the tax year beginning in 20089
3b
4a
X
4b
X
Form 990-PF (2008)
823541
01-02-09
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
-60466
Part i/II-B Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a During the year did the foundation pay or incur any amount to:
(1) Carry on propaganda, or otherwise attempt to influence legislation ( section 4945 (e))?
(2) Influence the outcome of any specific public election (see section 4955); or to carry on , directly or indirectly,
any voter registration drive ?
(3) Provide a grant to an individual for travel, study , or other similar purposes?
(4) Provide a grant to an organization other than a charitable, etc ., organization described in section
509(a )(1), (2), or (3), or section 4940 (d)(2)9
(5) Provide for any purpose other than religious , charitable, scientific, literary, or educational purposes, or for
0 Yes ® No
Yes ® No
Yes ® No
Yes ® No
Yes ® No
the prevention of cruelty to children or animals?
b If any answer is "Yes" to 5a ( 1)-(5), did any of the transactions fail to qualify under the exceptions described in Regulations
section 53.4945 or in a current notice regarding disaster assistance ( see instructions)?
Organizations relying on a current notice regarding disaster assistance check here
c If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the tax because it maintained
N/A
expenditure responsibility for the grant?
If "Yes, " attach the statement required by Regulations section 53 4945-5(d).
6a Did the foundation, during the year, receive any funds, directly or indirectly , to pay premiums on
a personal benefit contract?
b Did the foundation, during the year, pay premiums, directly or indirectly , on a personal benefit contract?
If you answered "Yes" to 6b, also file Form 8870
7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
b If yes , did the foundation receive an y p roceeds or have any net income attributable to the transaction?
Part
a VIII
1
5b
N/A
^0
Yes
No
Yes
No
6b
Yes ® No
N /A
X
7b
Information About Officers , Directors, Trustees , Foundation Managers, Highly
Paid Employees, and Contractors
List all officers. directors. trustees. fo undatio n managers and their compensation.
(a) Name and address
(b) Title, and average
hours per week devoted
to position
_f C.- h-F-f_-rl -1--c lnfher than fhnea •nelurIer1 nn lino 11
(a) Name and address of each employee paid more than $50,000
If nnne
(b) Title, and average
hours per week
devoted to position
(e)Expense
account, other
allowances
m
(d)Con
p dyee nben efi t
and deterred
compensation
0.
0.
SEE STATEMENT 6
13
(c) Compensation
( If not paid,
enter - 0 -)
0.
enter "NI INF"
to
(d) Contnbutions
e
(c) Compensation
emp and d eterred
compensation
(e) Expense
account, other
allowances
NO EMPLOYEES
Total number of other employees paid over $50.000
823551
01-02-09
0
^ 1
Form 990-PF (2008)
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
Form 990-PF (2008)
52-6046691
C/O BEVERLEY C. COMPTON, JR.
Information About Officers , Directors , Trustees , Foundation Managers , Highly
Part VIII
Paid Employees , and Contractors (continued)
3 Five highest-paid independent contractors for professional services. If none, enter "NONE."
(a) Name and address of each person paid more than $50,000
1
List the foundation's four largest direct charitable activities during the tax year. Include relevant statistical information such as the
number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
1
I (c) C ompensation
(b) Type of service
Total number of others receivin g over $50 ,000 for p rofessional services
Part IX-A Summary of Direct Charitable Activities
Page 7
^
U
Expenses
N/A
2
3
4
Part IX- B Summary of Program - Related Investments
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
N/A
1
2
All other program-related investments. See instructions.
3
Total. Add lines 1 throu g h 3
0
Form 990-PF (2008)
823551
01-02-09
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
Form 99b-PF ( 2008 )
Part X
1
a
b
c
d
e
2
3
4
5
6
C/O
BEVERLEY
C.
COMPTON,
JR.
Minimum Investment Return (All domestic foundations must complete this part Foreign foundations , see instructions)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes:
Average monthly fair market value of securities
Average of monthly cash balances
Fair market value of all other assets
Total (add lines la, b, and c)
Reduction claimed for blockage or other factors reported on lines la and
le
1c (attach detailed explanation)
to
line
1
assets
Acquisition indebtedness applicable
Subtract line 2 from line 1d
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see instructions)
Net value of noncharitable - use assets . Subtract line 4 from line 3. Enter here and on Part V, line 4
Minimum investment return Enter 5% of line 5
Part XI
1
2a
b
c
3
4
5
6
7
Page 8
52- 6046691
1a
1b
1c
1d
5 , 607.
786
805 .
0.
2
3
4
0 .
786 , 805 .
11
802 .
775 , 003 .
5
6
Distributable Amount (see instructions) (Section 4942( j)(3) and ( j)(5) private operating foundations and certain
foreign organizations check here No. C and do not complete this part)
Minimum investment return from Part X, line 6
2a
Tax on investment income for 2008 from Part VI, line 5
2b
Income tax for 2008. (This does not include the tax from Part VI.)
Add lines 2a and 2b
Distributable amount before adjustments. Subtract line 2c from line 1
Recoveries of amounts treated as qualifying distributions
Add lines 3 and 4
Deduction from distributable amount (see instructions)
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
, 198.
781
38.750 .
0.
0.
0.
7
38 ,750.
is
ib
2
-
13 , 899.
Part XII Qualifying Distributions (see instructions)
1
a
b
2
3
a
b
4
5
6
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
Expenses, contributions, gifts, etc. - total from Part I, column (d), line 26
Program-related investments - total from Part IX-B
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc., purposes
Amounts set aside for specific charitable projects that satisfy the:
Suitability test (prior IRS approval required)
Cash distribution test (attach the required schedule)
Qualifying distributions . Add lines la through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
0.
3a
3b
4
13
income. Enter 1% of Part I, line 27b
5
Adjusted qualifying distributions Subtract line 5 from line 4
6
Note The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation q ualifie s for the section
4940(e) reduction of tax in those years.
,
899.
0.
13
,
899.
Form 990-P F (2008)
823571
01-02-09
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
Form 990-PF (2008)
Part XIII
C/O BEVERLEY C.
COMPTON,
(c)
2007
(b)
Years prior to 2007
(d)
2008
Distributable amount for 2008 from Part XI,
line?
2
Page 9
52-6046691
Undistributed Income (see instructions)
(a)
Corpus
t
JR.
38 , 750.
Undistributed income , if any, as of the end of 2007
0.
a Enter amount for 2007 only
b Total for prior years:
0.
3
Excess distributions ca rryover, if any, to 2008:
a From 2003
b From 2004
62 , 739.
155 , 240.
c From 2005
14 , 740.
d From 2006
e From 2007
f Total of lines 3a throu gh e
4 Qualifying distributions for 2008 from
Part XI I,line
232 719.
13 , 899.
a Applied to 2007, but not more than line 2a
b Applied to undistributed income of prior
years (Election required - see instructions)
c Treated as distributions out of corpus
(Election required - see instructions)
d Applied to 2008 distributable amount
e Remaining amount distributed out of corpus
5
Excess distributions carryover applied to 2008
(if an amount appears in column ( d), the same amount
must be shown in column (a))
6
Enter the net total of each column as
indicated below:
a Corpus Add lines 3f , 4c, and 4e Subtract line 5
0.
0.
0.
13 , 899.
0.
24
,
851.
207
,
868.
b Prior years' undistributed income. Subtract
line 4b from line 2b
c Enter the amount of prior years'
undistributed income for which a notice of
deficiency has been issued, or on which
24
,
851.
0.
the section 4942(a) tax has been previously
assessed
0
d Subtract line 6c from line 6b Taxable
amount - see instructions
0 .
e Undistributed income for 2007. Subtract line
4a from line 2a Taxable amount - see instr.
f Undistributed income for 2008. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2009
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3)
8 Excess distributions carryover from 2003
not applied on line 5 or line 7
9
10
Excess distributions carryover to 2009
Subtract lines 7 and 8 from line 6a
Analysis of line 9,
a Excess from 2004
155 , 240.
from 2005
from 2006
from 2007
from 2008
14 , 740.
b Excess
c Excess
d Excess
e Excess
0
0
0
37 , 888.
169 , 980.
Form 990-PF (2008)
823581
01-02-09
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
Form 990-PF (2008)
C/O BEVERLEY C. COMPTON, JR.
I Part XIV I Private Operating Foundations (see instructions and Part VII-A, question 9)
1 a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2008, enter the date of the ruling
lo.
b Check box to indicate whether the foundation is a p rivate operating foundation described in section
Prior 3 years
Tax year
2 a Enter the lesser of the adjusted net
2007
(c) 2006
2008
(b)
(a)
income from Part I or the minimum
52-6046691
Page 10
N/A
4942(j)(3) or
(d) 2005
U 4942(1)(5
(e) Total
investment return from Part X for
each year listed
b 85% of line 2a
c Qualifying distributions from Part XII,
line 4 for each year listed
d Amounts included in line 2c not
used directly for active conduct of
exempt activities
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
3 Complete 3a, b, or c for the
alternative test relied upon:
a 'Assets" alternative test - enter:
(1) Value of all assets
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
b 'Endowment" alternative test - enter
2/3 of minimum investment return
shown in Part X, line 6 for each year
listed
c 'Support" alternative test - enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments on
securities loans (section
512(a)(5)), or royalties)
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(nQ
(3) Largest amount of support from
an exempt organization
( 4 ) Gross investment income
Part XV
1
Supplementary Information (Complete this part o my if the foundation had S5.000 or more in assets
at any time during the year-see the instructions.)
Information Regarding Foundation Managers:
a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any tax
year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the ownership of a partnership or
other entity) of which the foundation has a 10% or greater interest
NONE
2 Information Regarding Contribution , Grant, Gift, Loan , Scholarship, etc., Programs:
Check here ^ 0 if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. If
the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under other conditions, complete items 2a, b, c, and d
a The name, address, and telephone number of the person to whom applications should be addressed:
SEE STATEMENT 7
b The form in which applications should be submitted and information and materials they should include:
c Any submission deadlines*
d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors:
823601 01-02-09
Form 990-PF (2008)
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
C/O BEVERLEY C. COMPTON, JR.
Form 990-PF (2008)
11
Information
r;rnnte and Gnntrihutinns Paid During the Year or Aooroved for Future Payment
Recipient
Name and address ( home or business)
It recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
a Paid dung the year
MARYLAND INSTITUTE COLLEGE
OF ART, 1300 MT ROYAL
AVE., BALTIMORE, MD 21217
ONE
12,000.
^ 3a
TotaI
b
RAINGER
MARBURG &
ALTERS
SCHOLARSHIP
12 , 000.
Approved for future payment
NONE
Total
823511 01-02-09
0.
111- 3b 1
Form 990-PF (2008)
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
Form 990-PF (2008)
Part XVI-A
C/O BEVERLEY C.
COMPTON,
JR.
52-6046691
Page 12
Analysis of Income - Producing Activities
Enter f ross am ou nts unle s s otherwise indicated .
1 Pro gram service revenue:
a
b
c
d
Unrelat ed business income
(a)
Business
code
Exclu ded b y section 512 513 or 514
(b)
Amount
Exc?uso"
code
(e)
Related or exempt
function income
(d)
Amount
e
f
9 Fees and contracts from government agencies
2 Me mbership dues and assessments
3 Int Brest on savings and temporary cash
Inv estments
4 Div idends and interest from securities
5 Nett rental income or (loss) from real estate:
a Debt-financed property
b Not debt-financed property
6 Nett rental income or (loss) from personal
proo perty
7 Ot h er investment income
8 Gal n or (loss) from sales of assets other
tha n inventory
9 Nett income or (loss) from special events
10 Gr o ss profit or (loss) from sales of inventory
11 Ot h er revenue:
14
15 , 748.
-
<54 , 046. >
18
a
b
c
d
e
12 Su btotal Add columns (b), (d), and (e)
13 Total. Add line 12, columns (b), (d), and (e)
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
823621
01-02-09
0. 1
1
<38 298 .
13
0.
<38 - , 298 . >
Relationship of Activities to the Accomplishment of Exempt Purposes
Form 990-PF (2008)
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
Form 990-PF (2008)
C/O BEVERLEY C. COMPTON, JR.
52-6046691
Information Regarding Transfers To and Transactions and Relationships With Noncharitable
Part XVII
Exempt Organizations
Paoe 13
Yes No
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of
the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
a Transfers from the reporting foundation to a noncharitable exempt organization of
la ( l )
X
(1) Cash
1a ( 2 )
X
(2) Other assets
b Other transactions:
lb ( l )
X
(1) Sales of assets to a noncharitable exempt organization
lb ( 2 )
X
(2) Purchases of assets from a noncharitable exempt organization
lb ( 3 )
X
(3) Rental of facilities, equipment, or other assets
lb ( 4 )
X
(4) Reimbursement arrangements
lb ( 5)
X
(5) Loans or loan guarantees
lb ( 6 )
X
(6) Performance of services or membership or fundraising solicitations
1c
X
c Sharing of facilities, equipment, mailing lists, other assets, or paid employees
d If the answer to any of the above is "Yes, complete the following schedule. Column (b) should always show the fair market value of the goods, ot her ass ets,
or services given by the reporting foundation. If the foundation received less than fair market value in any transaction or sharing arrangement, sh ow in
2a Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described
in section 501 ( c) of the Code ( other than section 501(c)(3 )) or in section 5277
er penalties of
U
d com
Si
fury, I decl
eclaration of pr
e th
arer o
as
t
e
m
tazp
is return , in
r-priduci
ng accompanying schedules and
based on all informah
ure of officer or tr stee
Preparer's
signature
p, y Firm ' s name (oryours
00
dself-employed ),
address and ZiP code
823622
01-02-09
MCGLADREY, INC.
1954 GREENSPRING DRIVE,
TIMONIUM
MARYLAND 2109
RSM
'
0 Yes
tatements, and to the best of my knowledge and belief, it is true , correct,
EXI No
52-6046691
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
GAIN OR
FORM 990-PF
(LOSS)
FROM SALE OF ASSETS
MANNER
ACQUIRED
(A)
DESCRIPTION OF PROPERTY
UBS FINANCIAL SERVICES,
PURCHASED
INC.
(D)
EXPENSE OF
SALE
(C)
COST OR
OTHER BASIS
(B)
GROSS
SALES PRICE
322,901.
271,835.
VARIOUS
(E)
1
DATE SOLD
VARIOUS
(F)
DEPREC.
GAIN OR LOSS
<51,066.>
0.
MANNER
DATE
INC.
(D)
EXPENSE OF
SALE
(C)
COST OR
OTHER BASIS
(B)
GROSS
SALES PRICE
DATE
ACQUIRED
0.
(A)
DESCRIPTION OF PROPERTY
UBS FINANCIAL SERVICES,
STATEMENT
259,668.
256,688.
(E)
(F)
DEPREC.
GAIN OR LOSS
0.
0.
<2,980
0.
CAPITAL GAINS DIVIDENDS FROM PART IV
TOTAL TO FORM 990-PF,
FORM 990-PF
PART I,
STATEMENT
DIVIDENDS AND INTEREST FROM SECURITIES
GROSS AMOUNT
SOURCE
UBS FINANCIAL SERVICES INC.
TOTAL TO FM 990 -PF,
<54,046.>
LINE 6A
PART I,
LN 4
CAPITAL GAINS
DIVIDENDS
2
COLUMN (A)
AMOUNT
15,748.
0.
15,748.
15,748.
0.
15,748.
STATEMENT(S)
1,
2
52-6046691
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
DESCRIPTION
(A)
(B)
EXPENSES
PER BOOKS
NET INVESTMENT INCOME
FOREIGN TAXES
EXCISE TAX
TO FORM 990-PF,
STATEMENT
TAXES
FORM 990-PF
PG 1,
LN 18
(C)
ADJUSTED
NET INCOME
154.
0.
0.
0.
654.
154.
0.
(A)
EXPENSES
PER BOOKS
DESCRIPTION
(D)
CHARITABLE
PURPOSES
154.
500.
STATEMENT
OTHER EXPENSES
FORM 990-PF
3
(B)
NET INVESTMENT INCOME
(C)
ADJUSTED
NET INCOME
4
(D)
CHARITABLE
PURPOSES
INVESTMENT MANAGEMENT FEES
INSURANCE FEES
AGENCY FEES
PROFESSIONAL FEES
14,536.
14,536.
0.
1,426.
175.
3,798.
0.
0.
1,899.
0.
0.
1,899.
TO FORM 990-PF, PG 1, LN 23
19,935.
16,435.
1,899.
BOOK VALUE
DESCRIPTION
UBS FINANCIAL SERVICES - STOCKS
TOTAL TO FORM 990-PF,
STATEMENT
CORPORATE STOCK
FORM 990-PF
PART II,
LINE 10B
5
FAIR MARKET
VALUE
725,234.
585,884.
725,234.
585,884.
STATEMENT(S)
3,
4,
5
52-6046691
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
PART VIII - LIST OF OFFICERS, DIRECTORS
TRUSTEES AND FOUNDATION MANAGERS
FORM 990-PF
TITLE AND
AVRG HRS/WK
NAME AND ADDRESS
COMPTON,
BEVERLEY C.
JR
PETER C.
ANNE L.
0.00
MD
0.
0.
0.00
0.
0.
0.
0.
0.
0.
0.
0.
0.
0.
0.
0.
21212
CULMAN
SECRETARY
2300 LEGG MASON BLDG
0.00
MD 21201
KATHERINE HARDIMAN
8 BOWEN MILL RD.
BALTIMORE, MD 21212
TREASURER
0.00
GREGORY BARNHILL
BOARD MEMBER
10801 STEVENSON RD.
STEVENSON,
0.
VICE PRESIDENT
DOO
BALTIMORE,
EMPLOYEE
BEN PLAN EXPENSE
CONTRIB ACCOUNT
COMPENSATION
MD 21204
6600 YORK RD.
BALTIMORE,
6
PRESIDENT
1110 ROLANDVUE RD.
BALTIMORE,
STATEMENT
0.00
MD
CONSTANCE CAPLAN
BOARD MEMBER
701 CATHEDRAL ST.
0.00
0.
0.
0.
WILLIAM B. GILMORE, II
1110 ROLANDVUE RD.
BALTIMORE, MD 21204
BOARD MEMBER
0.00
0.
0.
0.
DAVID A. ASHTON
1110 ROLANDVUE RD.
BALTIMORE, MD 21204
BOARD MEMBER
0.00
0.
0.
0.
MARGARET COOK
BOARD MEMBER
0.
0.
0.
0.
0.
0.
BALTIMORE,
MD 21201
0.00
1110 ROLANDVUE RD.
BALTIMORE,
MD 21204
TOTALS INCLUDED ON 990-PF,
PAGE 6,
PART VIII
STATEMENT(S)
6
52-6046691
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
FORM 990-PF
GRANT APPLICATION SUBMISSION INFORMATION
PART XV, LINES 2A THROUGH 2D
STATEMENT
7
NAME AND ADDRESS OF PERSON TO WHOM APPLICATIONS SHOULD BE SUBMITTED
MUNICIPAL ART SOCIETY OF BALTIMORE CITY C/O BEVERLEY C.
1110 ROLANDVUE RD
BALTIMORE, MD 21204
COMPTON,JR.
TELEPHONE NUMBER
(410)
377-6428
FORM AND CONTENT OF APPLICATIONS
LETTER OF REQUEST;
PLEDGE
ANY SUBMISSION DEADLINES
REQUESTS ARE ACCEPTED AT ANY TIME
RESTRICTIONS AND LIMITATIONS ON AWARDS
GRANT REQUESTS ARE LIMITED TO DONEES WITHIN BALTIMORE CITY
STATEMENT(S)
7
Page
Account Number JW 03670 63
10 of
13
UBS Financial Services Inc.
Your Financial Advisor or Contact
BUTTARAZZI,PATRICK J
2008 Consolidated Form 1099
410-576-3200/800-622-0073
P070 51622-X16
2008 Realized Gain/Loss Summary
(Includes sale proceeds not reported on Form 1099-B)
This Realized Gain/Loss Summary is not a tax reporting document and has not been submitted to the IRS If your sale amount matches the amount on Form 1099-B. which is reported to the IRS, it is marked as such Please rely
on the confirmations previously provided to you as your official activity record
Estimated 2008 Gain/Loss for transactions with trade dates through 12/31/08 has been incorporated into this statement Realized gain/loss is based on the sales amount less the cost basis Please note that gain or loss
recognized on the sale or redemption of certain Structured Products may be ordinary, and not capital, gain or loss Please check with your tax advisor Note that the Original Cost Basis column is only populated for
transactions of securities that have had their basis reduced due to premium amortization or increased due to O1D accretion
The cost basis of the oldest security lot (first-in, first-out or FIFO method of accounting) is assigned to a sale to calculate Gam/Loss unless you identified a specific lot (a "versus purchase" or "VSP" order) when you
placed your sell order An asterisk (') indicates a UBS Financial Services adjustment to cost basis The number "1"indicates cost basis information has been provided by a source other than UBS Financial Services
Gam/Loss may not have been adjusted for all capital changes Gain/Loss values that may be subject to Wash Sale provisions are not indicated here "Earnings" in the Purchase Date column indicates the position sold was
acquired on vanous dates through dividend reinvestment and that the Gam/Loss has been aggregated
Cost basis for coupon tax-exempt municipal secunties (including securities subject to AMT) has been adjusted for mandatory amortization of bond premium The O10 amount reported on your Form 1099-OID is not adjusted for
Market Discount, Acquisition Premium, or Bond Premium Therefore, the amortization and accretion adjustments used here may not be consistent with the Form 1099-OID amount because the reporting requirements are different
Gam/Loss from short sale closings are reported as short-term regardless of the holding penod of property used to close the short position Clients should consult their tax advisors as to whether exceptions may apply in
their particular case to change this classification The possible application of the "Constructive Sale" provisions (Sec 1259) for short-against-the box transactions is not considered Clients should discuss the possible
application of these provisions with their tax advisor
Net
Losses
Gam/Loss
Purchase
Gains
Sale
Short-term Gain/Loss
Long-term Gain/Loss.
Sub Total:
$
$
Total:
322,901 09
259,668 26
582,569 . 35
$
582,569 .35
$
$
17,061 00
36,469 83
53,530 .83
$
53, 530.83
$
$
271,835 46
256,688 28
528 ,523.74
$
528,523.74
$
$
-68,12663
-39,449 81
-107,576.44
$
-107,576.44
$
$
-51,06563
-2,979 98
-54,045.61
Short-Term Gain/Loss
This section includes securities held for less than one year, and option contracts that are not reported on Form 1099-B
Quantity/
Date
Onginal Cost Purchase date
Security Description
Face value
Basis
Activity Type
Date Acquired
Sold
Sale Amount
AIRGAS INC
Trade
300 000
03/03/08
05/14/08
17,793 45
14,386 85
3,406 60
Y
APACHE CORP
Trade
200 000
07/16/07
06/12/08
27,608 59
17,355 2 5
10,253 34
V
BANK OF AMER CORP
Trade
500 000
10/29/07
06/23/08
13,569 67
24,215 25
-10,645 58
V
BE AEROSPACE INC
Trade
300 000
06/18/08
07/01/08
6,67671
8,53205
-1,85534
Y
CATERPILLAR INC
Trade
Trade
Trade
150 000
150 000
100 000
07/09107
07/09/07
09/27/07
01/03108
06/05/08
06/05/08
10,515 08
12,155 78
8,10385
11,909 13
11,909 13
7,732.25
-1,39405
246 65
371 60
V
V
V
Continued on page 11
Cost or Other
Basis
Gam/Loss
2008 1099 / JW 03670 63
Remarks
Matches
1099- B
Account Number JW0367063
Page
11 of
13
UBS Financial Services Inc.
Your Financial Advisor or Contact
BUTTARAZZI,PATRICK J
2008 Consolidated Form 1099
410-576-3200/800-622-0073
P07L151623-X16
Short-Term Gain/Loss - continued
This section includes securities held for less than one year, and option contracts that are not reported on Form 1099-B
Quantity/
Original Cost Purchase date
Date
Security Description
Activity Type
Face value
Basis
Date Acquired
Sold
Sale Amount
CNH GLOBAL N V NEW
Trade
500 000
01/25/08
05/12/08
21,841 12
24,043 25
-2,202 13
Y
CORNING INC
Trade
600 000
06/12/08
11/18/08
4,95072
16,227 15
-11,27643
Y
DELL INC
Trade
400 000
07/16/07
02/08/08
7,67729
11,543 25
-3,86596
Y
HEWLETT PACKARD CO
Trade
200 000
07/16/07
05/12/08
9,865 93
9,453 25
412 68
Y
JOY GLOBAL INC
Trade
300 000
04/10/07
01/23/08
15,075 52
13,800 65
1,27487
Y
METLIFE INC
Trade
400 000
05/16/08
10/02/08
18,024 64
24,995 25
-6,97061
Y
NEWFIELD EXPLORATION COS
Trade
400 000
07/23/08
09/02/08
16,579 05
20,652 58
-4 073 53
Y
ROCKWELL AUTOMATION INC
NEW
Trade
300 000
04/11/07
01/09/08
17,974 47
17,458 25
516 22
Y
TIME WARNER CABLE INC
CLA
Trade
700 000
06/27/08
09/05/08
18,816 34
18,555 25
261 09
Y
TJX COS INC NEW
Trade
300 000
07/16/07
07/01/08
9,21720
8,89925
317 95
Y
UNITEDHEALTH GROUP INC
Trade
Trade
300 000
300 000
07/16/07
05/16/08
06/19/08
06/19/08
8,448 93
8,44893
16,159 25
9,67025
-7,710 32
-1,221.32
Y
Y
WALTER INDUSTRIES INC
Trade
200 000
09/03/08
10/01/08
9,03869
16,333 25
-7,294 56
Y
WHITING PETROLEUM CORP
NEW
Trade
Trade
100 000
100 000
06/20/08
07/18/08
10/07/08
10/07/08
4,72675
4,726.75
10,240 05
8,83025
-5,51330
-4,103.50
Y
Y
271,835.46
322,901.09
-51,065.63
Sale Amount
Cost or Other
Basis
Gam/Loss
4,070 75
9,561 05
Total Short -Term Gain / Loss
Cost or Other
Basis
Garn/Loss
Remarks
Matches
1099 - B
Long-Term Gain/Loss
This section includes securities held for more than one year, and option contracts that are not reported on Form 1099-B
Quantity/
Original Cost Purchase date
Date
Security Description
Activity Type
Face value
Basis
Date Acquired
Sold
AMER INTL GROUP INC
Trade
200 000
02/13/03
09/09/08
Continued on page 12
-5,490 30
2008 1099 / JW 03670 63
Remarks
Matches
1099- B
Y
Account Number JW 03670 63
Your Financial Advisor or Contact
BUTTARAZZI,PATRICK J
Page
12 of
13
UBS Financial Services Inc.
2008 Consolidated Form 1099
410-576-3200/800-622-0073
P07L151624-X16
Long-Term Gain /Loss - continued
This section includes securities hold for more than one year, and option contracts that are not reported on Form 1099-B
Quantity/
Original Cost Purchase date
Date
Security Description
Activity Type
Face value
Basis
Date Acquired
Sold
Sale Amount
Cost or Other
Basis
Gam/Loss
Remarks
Matches
1099- B
AMER INTL GROUP INC
Trade
200 000
02/28/03
09/09/08
4,07075
10,015 24
-5,94449
Y
APACHE CORP
Trade
Trade
100 000
100 000
09/19/05
10/25/05
03/19/08
03/19/08
11,212 34
11,212 34
7,72925
6,48425
3.48309
4,72809
Y
Y
CHESAPEAKE ENERGY CORP
OKLA
Trade
300 000
01/31/06
05/27/08
15,628 66
10,516 25
5,112.41
Y
CHEVRON CORP
Trade
100 000
09/19/05
07/30/08
8,30470
6,471 63
1,83307
Y
CVS CAREMARK CORP
Trade
500 000
08/10/05
08/28/08
18,524 64
15,070 25
3,454 39
Y
DELL INC
Trade
400 000
10/11/06
02/08/08
7,67729
9,38525
-1,70796
Y
GENL ELECTRIC CO
Trade
300 000
07/16/07
12/22/08
4,71472
11,935 25
-7.22053
Y
HEWLETT PACKARD CO
Trade
400 000
05/04/07
05/12/08
19,731 85
17,355 25
2,37660
Y
JOHNSON & JOHNSON COM
Trade
150 000
05/25/06
08/18/08
10,615 84
9,095 13
1,52071
Y
MORGAN STANLEY
Trade
200 000
11/16/05
10/10/08
1,75473
9,12065
-7,36592
NABORS INDUSTRIES LTD
Trade
300 000
10/20/05
07/15/08
13,385 24
9,12572
4,25952
NEW (BERMUDA)
Trade
300 000
10/20/05
07/23/08
11,866 68
9,12572
2,74096
Y
Y
SCHERING PLOUGH CORP
Trade
400 000
12/12/06
03/31/08
5,58468
9,11960
-3,53492
Y
STATE STREET CORP
Trade
Trade
100 000
100 000
06/02/06
06/15/06
03/14/08
03/14/08
7,45529
7,45529
6,35325
5,84525
1,10204
1,61004
Y
Y
TEXAS INSTRUMENTS
Trade
Trade
300 000
200 000
09/07/05
09/20/05
01/15/08
01/15/08
8,96971
5,97981
10,105.25
6,62950
-1,13554
-649 69
Trade
100 000
09/20/05
04/22/08
2,929 93
3,314 74
-384 81
Trade
400 000
12/12/06
04/22/08
11,719 73
11,815 25
-95 52
Y
Y
Y
Y
TJX COS INC NEW
Trade
600 000
11/29/06
07/01/08
18,434 39
16 , 535 25
1,899 14
Y
UNITEDHEALTH GROUP INC
Trade
300 000
02/20/07
03 / 11/08
11,269 62
16,420 25
-5,150.63
Y
Continued on page 13
2008 1099 1 JW 03670 63
1
Y
Account Number JW0367063
Page
13 of
13
UBS Financial Services Inc.
Your Financial Advisor or Contact
BUTTARAZZI,PATRICK J
2008 Consolidated Form 1099
410-576-3200/800-622-0073
P07L151625-X16
Long-Term Gain/Loss - continued
This section includes securities held for more than one year. and option contracts that are not reported on Form 1099-B
Quantity/
Original Cost Purchase date
Date
Sold
Security Description
Activity Type
Face value
Basis
Date Acquired
WAL MART STORES INC
WASTE MGMT INC NEW
Total Long -Term Gain/Loss
Sale Amount
Cost or Other
Basis
Gam/Loss
Remarks
Matches
1099- B
Trade
200 000
10/04/06
08/07/08
11, 429 10
9,965 25
1,46385
Y
Trade
100 000
11/15/06
08 /07/08
5,714 55
4,828 63
885 92
Y
Trade
500 000
02/09/07
04/ 10/08
16,975.65
17,745 15
-769 50
Y
256,688 . 28
259 , 668.26
-2,979.98
2008 1099 / JW 03670 63
Page 2
Form 8868 (Rev. 4-2009)
P If you are filing for an Additional ( Not Automatic ) 3-Month Extension , complete only Part II and check this box
Note . Only co,,iplete Part II if you have already been granted an automatic 3-month extension on a previously filed Form 8868
• If you are filing for an Automatic 3-Month Extension , complete only Part I (on page 1)
Additional (Not Automatic) 3-Month Extension of Time . Only file the original (no copies needed)
Part II
Name of Exempt Organization
Employer identification number
Number, street, and room or suite no If a P 0 box, see instructions.
For IRS use only
Type or
MUNICIPAL ART SOCIETY OF BALTIMORE CITY
print
O BEVERLEY C. COMPTON , JR.
File by the
extended
due date for
filing the
return see
nstructions
^
52-6046691
1110 ROLANDVUE ROAD
City, town or post office, state , and ZIP code . For a foreign address , see instructions
BALTIMORE ,
MD
21204
Check type of return to be filed (File a separate application for each return)
Form 990-EZ
Form 990-T (sec 401 (a) or 408 (a) trust)
Form 990
Form 990-T (trust other than above)
Form 990-BL
® Form 990-PF
Form 1041-A
Form 4720
0 Form 5227
Form 6069
Form 8870
STOP! Do not complete Part II if you were not already granted an automatic 3-mont h exten s ion on a previously filed Form 8868.
• The books are in the care of
BEVERLEY C. COMPTON
^ 1110 ROLANDVUE ROAD - BALTIMORE ,
MD 212 0 4
377-6428
FAX No ^
^ 0
• If the organization does not have an office or place of business in the United States , check this box
If this is for the whole group , check this
• If this is for a Group Return , enter the organization's four digit Group Exemption Number (GEN)
box ^ 0 If it is for part of the group , check this box ^ = and attach a list with the names and EINs of all members the extension is for
Telephone
( 410 )
4
I request an additional 3-month extension of time until
5
6
7
For calendar year 2 0 0 8 , or other tax year beginning
If this tax year is for less than 12 months, check reason
State in detail why you need the extension
NOVEMBER
0 Initial return
15,
2009 .
, and ending
0 Final return
0 Change in accounting period
ADDITIONAL TIME IS NEEDED TO FILE A COMPLETE AND ACCURATE RETURN.
8a
b
If this application is for Form 990-BL, 990 - PF, 990 -T, 4720, or 6069, enter the tentative tax, less any
nonrefundable credits See
If this application is for Form 990-PF, 990-T, 4720, or 6069, enter any refundable credits and estimated
tax payments made Include any prior year overpayment allowed as a credit and any amount paid
0.
Balance Due. Subtract line 8b from line 8a . Include your payment with this form, or, if required, deposit
with FTD coupon or, if required , by using EFTPS ( Electronic Federal Tax Payment System) See instructions
Signature and Verification
Under penalties of perjury, I declare that I have examined this form, including accompanying schedules and statements , and to the best of my knowledge and belief,
thonzed to prepare this form.
it is true, correct and complete , and that I a
c.,,nf,,ro ^n
i CYs
\
U (^ Mn A
Tine lll^
4
1^\
Hato :a
Form 8868 (Rev. 4-2009)
823832
05-28-09