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          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MUSEUM OF MODERN ART</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>11 WEST 53 STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10019</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SOCRATES SCULPTURE PARK INC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>32-01 VERNON BLVD</AddressLine1Txt>
            <CityNm>LONG ISLAND CITY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>111060259</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MT SINAI MEDICAL CENTER FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4300 ALTON ROAD</AddressLine1Txt>
            <AddressLine2Txt>ASCHER BUILDING 100</AddressLine2Txt>
            <CityNm>MIAMI BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33140</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>FOTO FUNDACIO FOTO COLECTANIA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>599 NW 27TH ST</AddressLine1Txt>
            <CityNm>MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33127</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>JOSEPH AVE ARTS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 30147</AddressLine1Txt>
            <CityNm>ROCHESTER</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>14603</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ICA MIAMI</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>820 GREENWICH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10014</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>5150</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>72150</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <RelatedOrExemptFunctionIncmAmt>41707</RelatedOrExemptFunctionIncmAmt>
        </IntOnSavAndTempCashInvstGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>1</ExclusionCd>
          <ExclusionAmt>6874705</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>ADMISSION FEES</Desc>
          <RelatedOrExemptFunctionIncmAmt>48543</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>6874705</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>90250</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>6964955</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>1B</LineNumberTxt>
          <RelationshipStatementTxt>PROMOTES EDUCATION AND ACCESS TO VISUAL ARTS ON DISPLAY.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <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>
    <AccountingFeesSchedule documentId="RetDoc4">
      <AccountingFeesDetail>
        <CategoryTxt>MAKE IT COUNT - ACCOUNTING</CategoryTxt>
        <Amt>4500</Amt>
        <DisbursementsCharitablePrpsAmt>4500</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="RetDoc5">
      <DepreciationPropertyGrp>
        <PropertyDesc>WAREHOUSES</PropertyDesc>
        <AcquiredDt>2004-12-31</AcquiredDt>
        <CostOrOtherBasisAmt>3050000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1378364</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>39.0000</LifeRt>
        <CurrentYearExpenseAmt>78205</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WAREHOUSES - IMPRO</PropertyDesc>
        <AcquiredDt>2005-07-14</AcquiredDt>
        <CostOrOtherBasisAmt>17345</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>7583</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>39.0000</LifeRt>
        <CurrentYearExpenseAmt>444</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER EQUIPMENT</PropertyDesc>
        <AcquiredDt>2006-05-15</AcquiredDt>
        <CostOrOtherBasisAmt>1010</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1010</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND</PropertyDesc>
        <AcquiredDt>2004-12-31</AcquiredDt>
        <CostOrOtherBasisAmt>1950000</CostOrOtherBasisAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER EQUIPMENT</PropertyDesc>
        <AcquiredDt>2008-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>442</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>442</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AIR CONDITIONING U</PropertyDesc>
        <AcquiredDt>2009-05-01</AcquiredDt>
        <CostOrOtherBasisAmt>21450</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>21450</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>VIDEO EQUIPMENT</PropertyDesc>
        <AcquiredDt>2008-10-01</AcquiredDt>
        <CostOrOtherBasisAmt>7231</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>7231</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER EQUIPMENT</PropertyDesc>
        <AcquiredDt>2004-07-07</AcquiredDt>
        <CostOrOtherBasisAmt>1740</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1740</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>DELL COMPUTER</PropertyDesc>
        <AcquiredDt>2009-11-06</AcquiredDt>
        <CostOrOtherBasisAmt>1083</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1083</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>VIDEO EQUIPMENT</PropertyDesc>
        <AcquiredDt>2010-12-13</AcquiredDt>
        <CostOrOtherBasisAmt>5458</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5458</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROJECTOR</PropertyDesc>
        <AcquiredDt>2012-10-24</AcquiredDt>
        <CostOrOtherBasisAmt>3450</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3450</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROJECTOR</PropertyDesc>
        <AcquiredDt>2012-12-11</AcquiredDt>
        <CostOrOtherBasisAmt>1589</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1589</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER</PropertyDesc>
        <AcquiredDt>2014-05-17</AcquiredDt>
        <CostOrOtherBasisAmt>1702</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1702</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER</PropertyDesc>
        <AcquiredDt>2014-05-17</AcquiredDt>
        <CostOrOtherBasisAmt>3739</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3739</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROJECTOR LAMPS</PropertyDesc>
        <AcquiredDt>2014-11-18</AcquiredDt>
        <CostOrOtherBasisAmt>1026</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1026</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>I-PAD</PropertyDesc>
        <AcquiredDt>2015-03-05</AcquiredDt>
        <CostOrOtherBasisAmt>865</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>865</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SPEAKER SYSTEM</PropertyDesc>
        <AcquiredDt>2015-07-31</AcquiredDt>
        <CostOrOtherBasisAmt>5150</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5150</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MIXER/PROCESSOR</PropertyDesc>
        <AcquiredDt>2015-07-31</AcquiredDt>
        <CostOrOtherBasisAmt>1200</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1200</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PLAYBACK UNIT</PropertyDesc>
        <AcquiredDt>2015-07-31</AcquiredDt>
        <CostOrOtherBasisAmt>2795</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2795</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>I-PAD ACCESSORIES</PropertyDesc>
        <AcquiredDt>2015-07-31</AcquiredDt>
        <CostOrOtherBasisAmt>499</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>499</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AIR CONDITIONING U</PropertyDesc>
        <AcquiredDt>2015-10-23</AcquiredDt>
        <CostOrOtherBasisAmt>8900</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>8582</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
        <CurrentYearExpenseAmt>318</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AIR CONDITIONING U</PropertyDesc>
        <AcquiredDt>2016-07-26</AcquiredDt>
        <CostOrOtherBasisAmt>5789</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4962</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
        <CurrentYearExpenseAmt>827</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AMPLIFIER/SPEAKER</PropertyDesc>
        <AcquiredDt>2015-09-14</AcquiredDt>
        <CostOrOtherBasisAmt>1000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1000</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SECURITY SYSTEM</PropertyDesc>
        <AcquiredDt>2016-07-14</AcquiredDt>
        <CostOrOtherBasisAmt>2584</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2584</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER EQUIP</PropertyDesc>
        <AcquiredDt>2016-12-01</AcquiredDt>
        <CostOrOtherBasisAmt>2768</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2768</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>ALARM</PropertyDesc>
        <AcquiredDt>2016-12-01</AcquiredDt>
        <CostOrOtherBasisAmt>4998</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4998</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FURNITURE</PropertyDesc>
        <AcquiredDt>2016-10-26</AcquiredDt>
        <CostOrOtherBasisAmt>1444</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1186</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
        <CurrentYearExpenseAmt>207</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AIR CONDITIONING</PropertyDesc>
        <AcquiredDt>2016-08-29</AcquiredDt>
        <CostOrOtherBasisAmt>2702</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2284</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
        <CurrentYearExpenseAmt>386</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WAREHOUSE IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2018-07-31</AcquiredDt>
        <CostOrOtherBasisAmt>372981</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>38653</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>39.0000</LifeRt>
        <CurrentYearExpenseAmt>9564</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>A/C UNIT</PropertyDesc>
        <AcquiredDt>2017-08-09</AcquiredDt>
        <CostOrOtherBasisAmt>16900</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5633</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>15.0000</LifeRt>
        <CurrentYearExpenseAmt>1127</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>ALARM</PropertyDesc>
        <AcquiredDt>2018-07-31</AcquiredDt>
        <CostOrOtherBasisAmt>3388</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3388</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>ALARM</PropertyDesc>
        <AcquiredDt>2019-07-31</AcquiredDt>
        <CostOrOtherBasisAmt>1656</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1656</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTERS</PropertyDesc>
        <AcquiredDt>2019-02-11</AcquiredDt>
        <CostOrOtherBasisAmt>4072</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4072</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>VIDEO EQUIPMENT</PropertyDesc>
        <AcquiredDt>2018-09-18</AcquiredDt>
        <CostOrOtherBasisAmt>3758</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3758</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WAREHOUSE IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2019-07-31</AcquiredDt>
        <CostOrOtherBasisAmt>659456</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>51432</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>39.0000</LifeRt>
        <CurrentYearExpenseAmt>16909</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>EQUIPMENT</PropertyDesc>
        <AcquiredDt>2020-04-18</AcquiredDt>
        <CostOrOtherBasisAmt>941</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>941</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FURNITURE</PropertyDesc>
        <AcquiredDt>2019-09-26</AcquiredDt>
        <CostOrOtherBasisAmt>2302</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2302</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SHELVING</PropertyDesc>
        <AcquiredDt>2020-03-12</AcquiredDt>
        <CostOrOtherBasisAmt>203281</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>203281</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>IPADS</PropertyDesc>
        <AcquiredDt>2020-12-03</AcquiredDt>
        <CostOrOtherBasisAmt>3166</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3166</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SOFAS</PropertyDesc>
        <AcquiredDt>2020-11-21</AcquiredDt>
        <CostOrOtherBasisAmt>963</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>963</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AC CONDITIONER</PropertyDesc>
        <AcquiredDt>2021-07-14</AcquiredDt>
        <CostOrOtherBasisAmt>6200</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6200</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>15.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LEASEHOLD IMPROVEMENT - ROOF</PropertyDesc>
        <AcquiredDt>2021-07-31</AcquiredDt>
        <CostOrOtherBasisAmt>20500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>20500</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>15.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AIR CONDITIONER EQUIP.</PropertyDesc>
        <AcquiredDt>2022-09-07</AcquiredDt>
        <CostOrOtherBasisAmt>6676</CostOrOtherBasisAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
        <CurrentYearExpenseAmt>6676</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WAREHOUSE IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2022-09-02</AcquiredDt>
        <CostOrOtherBasisAmt>8026</CostOrOtherBasisAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>39.0000</LifeRt>
        <CurrentYearExpenseAmt>180</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER - APPLE</PropertyDesc>
        <AcquiredDt>2022-07-17</AcquiredDt>
        <CostOrOtherBasisAmt>2213</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2213</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER - APPLE</PropertyDesc>
        <AcquiredDt>2022-07-17</AcquiredDt>
        <CostOrOtherBasisAmt>2213</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2213</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER - APPLE</PropertyDesc>
        <AcquiredDt>2022-07-17</AcquiredDt>
        <CostOrOtherBasisAmt>2213</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2213</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WAREHOUSE - ELECTRIC IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2022-06-22</AcquiredDt>
        <CostOrOtherBasisAmt>6100</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6100</PriorYearDepreciationAmt>
        <ComputationMethodTxt>150DB</ComputationMethodTxt>
        <LifeRt>15.0000</LifeRt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <GainLossSaleOtherAssetsSch documentId="RetDoc6">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>WILLEM DE KOONING-SEATED WOMAN,1969</AssetDesc>
        <AcquiredDt>1981-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2022-05</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>VARIOUS</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>7500000</GrossSalesPriceAmt>
        <BasisAmt>250000</BasisAmt>
        <SalesExpenseAmt>375295</SalesExpenseAmt>
        <TotalNetAmt>6874705</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <LandEtcSchedule2 documentId="RetDoc7">
      <LandEtcGrp>
        <CategoryOrItemTxt>BUILDING AND IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>4484964</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1846755</AccumulatedDepreciationAmt>
        <BookValueAmt>2638209</BookValueAmt>
        <EOYFMVAmt>4582922</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1950000</CostOrOtherBasisAmt>
        <BookValueAmt>1950000</BookValueAmt>
        <EOYFMVAmt>12471250</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LoansFromOfficersSchedule documentId="RetDoc2">
      <LoansFromOfficerGrp>
        <LenderPersonNm>MARTIN Z MARGULIES</LenderPersonNm>
        <TitleTxt>PRESIDENT</TitleTxt>
        <BalanceDueAmt>974624</BalanceDueAmt>
        <LenderConsiderationDesc>CASH</LenderConsiderationDesc>
      </LoansFromOfficerGrp>
    </LoansFromOfficersSchedule>
    <OtherAssetsSchedule documentId="RetDoc8">
      <OtherAssetsScheduleGrp>
        <Desc>ART COLLECITON</Desc>
        <BOYBookValueAmt>42391050</BOYBookValueAmt>
        <EOYBookValueAmt>43778919</EOYBookValueAmt>
        <EOYFMVAmt>25000000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>PHOTO COLLECTION</Desc>
        <BOYBookValueAmt>70857</BOYBookValueAmt>
        <EOYBookValueAmt>70857</EOYBookValueAmt>
        <EOYFMVAmt>250000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>BOOK COLLECTION</Desc>
        <BOYBookValueAmt>53664</BOYBookValueAmt>
        <EOYBookValueAmt>53664</EOYBookValueAmt>
        <EOYFMVAmt>50000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="RetDoc9">
      <OtherDecreasesDetail>
        <Desc>NONDEDUCTIBLE EXPENSES</Desc>
        <Amt>5277</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc10">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADVERTISING</Desc>
        <RevenueAndExpensesPerBooksAmt>350</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>350</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ALARM</Desc>
        <RevenueAndExpensesPerBooksAmt>2376</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>2376</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ART BASEL</Desc>
        <RevenueAndExpensesPerBooksAmt>1392</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1392</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ART EXHIBITION EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>3000</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>3000</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ART FRAMING</Desc>
        <RevenueAndExpensesPerBooksAmt>3644</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>3644</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ART FREIGHT</Desc>
        <RevenueAndExpensesPerBooksAmt>79182</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>79182</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ART INSTALLATIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>19570</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>19570</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ART RESTORATION</Desc>
        <RevenueAndExpensesPerBooksAmt>4000</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>4000</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ART SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>6903</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>6903</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>AUTO</Desc>
        <RevenueAndExpensesPerBooksAmt>3603</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>3603</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>57</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>57</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>COLLECTION BOOK</Desc>
        <RevenueAndExpensesPerBooksAmt>119</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>119</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>COMPUTER REPAIRS AND SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>874</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>874</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CONTRACT SERVICES</Desc>
        <RevenueAndExpensesPerBooksAmt>45642</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>45642</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>3011</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>3011</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>EQUIPMENT RENTAL</Desc>
        <RevenueAndExpensesPerBooksAmt>14977</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>14977</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FEES &amp; PERMITS</Desc>
        <RevenueAndExpensesPerBooksAmt>508</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>508</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>GRAPHIC DESIGN</Desc>
        <RevenueAndExpensesPerBooksAmt>7500</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>7500</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>1259</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1259</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE - ART</Desc>
        <RevenueAndExpensesPerBooksAmt>38333</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>38333</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE - BUSINESS OWNERS</Desc>
        <RevenueAndExpensesPerBooksAmt>3657</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>3657</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MARKETING</Desc>
        <RevenueAndExpensesPerBooksAmt>19241</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>19241</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEALS &amp; ENTERTAINMENT</Desc>
        <RevenueAndExpensesPerBooksAmt>5278</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>5278</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE</Desc>
        <RevenueAndExpensesPerBooksAmt>19476</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>19476</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PAYROLL PROCESSING</Desc>
        <RevenueAndExpensesPerBooksAmt>373</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>373</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE &amp; COURIER</Desc>
        <RevenueAndExpensesPerBooksAmt>3754</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>3754</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>REPAIRS &amp; MAINTENANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>8171</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>8171</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>19267</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>19267</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>17468</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>17468</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>UTILITIES</Desc>
        <RevenueAndExpensesPerBooksAmt>38461</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>38461</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>WASTE AND TRASH</Desc>
        <RevenueAndExpensesPerBooksAmt>14661</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>14661</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>WEBSITE</Desc>
        <RevenueAndExpensesPerBooksAmt>1950</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1950</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc11">
      <OtherIncomeDetail>
        <Desc>ADMISSION FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>48543</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>48543</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="RetDoc12">
      <OtherLiabilitiesDetail>
        <Desc>CREDIT CARDS PAYABLE</Desc>
        <BOYBookValueAmt>22522</BOYBookValueAmt>
        <EOYBookValueAmt>29873</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>PAYROLL TAXES</Desc>
        <BOYBookValueAmt>1</BOYBookValueAmt>
        <EOYBookValueAmt>1</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>CUSTOMER DEPOSIT</Desc>
        <BOYBookValueAmt>2000000</BOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <ReasonableCauseExplanation documentId="RetDoc13">
      <ExplanationTxt>MAJOR STORM AND FLASH FLOODING IN MIAMI FROM JUNE 12 THRU JUNE 14 CAUSED ROAD CLOSURES AND BUSINESSES TO SHUTTER. KEY EMPLOYEE BECAME ILL AND WAS HOSPITALIZED ON MONDAY, JUNE 17 CAUSING WORK DISRUPTION.</ExplanationTxt>
    </ReasonableCauseExplanation>
    <TaxesSchedule documentId="RetDoc14">
      <TaxesDetail>
        <CategoryTxt>LICENSES</CategoryTxt>
        <Amt>108</Amt>
        <DisbursementsCharitablePrpsAmt>108</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
