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990-T 2003[11]

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990-T 2003[11]
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Table 5: Number of Returns, Gross Unrelated Business Income (UBI), Total Deductions, Unrelated Business

Taxable Income (Less Deficit), Unrelated Business Taxable Income, and Total Tax, by Primary Unrelated

Business Activity or Industrial Grouping, Tax Year 2003

[All figures are estimates based on samples--money amounts are in thousands of dollars]

Gross Total Unrelated business Unrelated business Total

Number unrelated deductions [1,2] taxable income taxable income [4] tax [5]

Primary unrelated business activity of business (less deficit) [3]

or industrial grouping returns income Number Number Number Number

(UBI) of Amount of Amount of Amount of Amount

returns returns returns returns

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

All activities and groupings...................................................................................... 8,412,822

36,064 8,436,027 35,893 27,954 23,204 15,580 780,149 15,524 220,916

Agriculture, forestry, hunting, and fishing..........................................................................................................................

219 43,763 218 39,478 142 4,285 109 8,527 107 2,741

240 25,770 240

Mining.......................................................................................................................... 17,694 229 8,075 228 9,641 228 2,827

98 31,807 98

Utilities.......................................................................................................................... 32,029 47 -222 * 26 * 1,322 * 26 * 267

70 126,357 70

Construction..........................................................................................................................123,965 64 2,392 * 49 * 3,251 * 49 * 899

218 80,595 218

Manufacturing..........................................................................................................................89,715 167 -9,120 115 9,383 116 2,879

95 11,307 95

Wholesale trade..........................................................................................................................4,781 * 92 * 6,526 * 65 * 7,472 * 65 * 2,567

1,560 670,604 1,560

Retail trade..........................................................................................................................701,935 1,301 -31,331 616 29,274 601 8,394

* 41 * 5,669 * 41 * 5,796 * 37

Transportation and warehousing.......................................................................................................................... * -127 * 27 * 1,087 * 27 * 289

705 197,556 702

Information.......................................................................................................................... 199,812 529 -2,257 134 21,905 135 6,806

8,538 1,489,201 8,424 1,242,919 7,287

Finance and insurance, total.......................................................................................................................... 246,282 6,154 318,616 6,082 86,176

Unrelated debt-financed activities,

1,012

other than rental of real estate......................................................... 110,111 1,012 75,698 850 34,413 646 44,113 646 13,347

Investment activities of Code section

501(c)(7), (9), and (17)

organizations [6]......................................................... 2,813 650,442 2,762 506,216 2,360 144,226 2,091 152,144 2,015 39,508

Passive income activities with

333

controlled organizations......................................................... 170,471 333 153,920 285 16,551 240 31,668 241 9,500

4,381

Other finance and insurance ......................................................... 558,176 4,317 507,084 3,791 51,092 3,177 90,691 3,180 23,821

6,488

Real estate and rental and leasing, total.........................................................928,481 6,486 910,698 5,515 17,782 2,742 115,337 2,751 31,539

462

Rental of personal property ......................................................... 58,309 462 59,379 378 -1,070 166 3,788 168 814

6,026 870,171

Other real estate and rental and leasing......................................................... 6,024 851,319 5,136 18,852 2,576 111,548 2,584 30,725

Professional, scientific, and

8,181

technical services......................................................... 1,757,270 8,181 1,779,936 5,101 -22,666 2,223 105,960 2,294 32,826

36

Management of companies and enterprises......................................................... 36 8,966 4,954 * 34 * 4,012 * 32 * 4,067 * 32 * 1,351

Administrative and support and waste

677

management and remediation services......................................................... 356,505 677 372,512 537 -16,007 193 22,916 196 7,194

Educational services......................................................... 26 22,480 26 23,735 23 -1,255 4 1,753 5 590

1,061 1,258,278

Healthcare and social assistance......................................................... 1,061 1,320,262 864 -61,984 296 65,159 317 21,108

4,234

Arts, entertainment, and recreation......................................................... 653,987 4,184 699,286 2,992 -45,299 1,472 24,156 1,456 4,733

2,629

Accommodation and food services......................................................... 510,604 2,629 570,457 2,212 -59,852 704 18,878 642 4,837

661 173,401 661 188,870

Other services.......................................................................................................................... 620 -15,470 289 6,199 290 1,406

208 81,410 208 81,924

Exploited exempt activities.......................................................................................................................... 158 -514 101 5,245 103 1,487

* 77 * 2,015 * 77 *

Not allocable.......................................................................................................................... 2,063 *3 * -48 0 0 0 0

*Estimate should be used with caution because of the small number of sample returns on which it is based.

[1] Excludes cost of sales and services, which was subtracted from gross receipts from sales and services in computing gross profit from sales and services. Gross profit from sales and services was a component of gross unrelated

business income (UBI). Cost of sales and services can include amounts attributable to depreciation, salaries and wages, and certain other deductible items. For all exempt organizations reporting gross UBI, cost of sales and services

was $2.5 billion.

[2] Includes both expenses and deductions reported on Form 990-T, lines 13(B), 29, 31, and 33.

[3] Excludes data from 8,110 returns with equal amounts of gross UBI and total deductions.

[4] Includes data from returns with positive amounts of unrelated business taxable income only.



[5] Total tax is the regular unrelated business income tax after reduction by any tax credits (foreign tax credit, general business credit, prior-year minimum tax credit, and other allowable credits), plus the "alternative

minimum tax," the "proxy" tax on nondeductible lobbying and political expenditures, and "other" taxes. The proxy tax was reported on Form 990-T and was included in total tax; however, it had no connection to the tax

on unrelated business income or an organization's involvement in unrelated business activities. For exempt organizations reporting gross UBI above the $1,000 filing threshold, total proxy tax was $3.0 million.

[6] Section 501(c)(7) organizations are social and recreational clubs; section 501(c)(9) organizations are voluntary employees' beneficiary associations; and section 501(c)(17) organizations are supplemental unemployment benefit

trusts.

NOTE: Detail may not add to totals because of rounding.

SOURCE: IRS, Statistics of Income Division, February 2007.


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