Table 6.--Unrelated Business Income Tax: Sources of Gross Unrelated Business Income (UBI), by Size of Gross UBI, Tax Year 1998
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Sources of gross unrelated business income (UBI) [1] Gross unrelated Size of gross unrelated business income (UBI) Number of returns (1) Total...................................................................................... 46,208 (2) 7,584,915 88,072 7,496,843 590,066 1,269,423 693,854 1,711,502 3,231,998 Amount Number of returns (3) 15,984 3,039 12,945 7,993 3,624 655 550 123 (4) 3,326,781 11,569 3,315,212 274,449 676,211 368,022 867,867 1,128,663 Amount Number of returns (5) 877 *37 740 425 158 51 68 39 (6) 572,955 *218 572,737 8,854 22,675 18,738 72,832 449,639 Amount business income (UBI) Gross profit (less loss) from sales and services Capital gain net income
$1,000 under $10,001 [2].......................................................................................................................... 22,124 $10,001 or more, total [2,3].......................................................................................................................... 24,084 $10,001 under $100,000 [2].......................................................................................................................... 16,280 $100,000 under $500,000.......................................................................................................................... 5,753 $500,000 under $1,000,000.......................................................................................................................... 1,001 $1,000,000 under $5,000,000.......................................................................................................................... 836 $5,000,000 or more.......................................................................................................................... 214
Sources of gross unrelated business income (UBI) [1]--Continued
Net capital loss Size of gross unrelated business income (UBI) Number of returns (7) Total...................................................................................... 28 (8) 98 -98 -*73 9 15 -Amount Number of returns (9) (trusts only)
Net gain (less loss), sales of noncapital assets [4]
Income (less loss) from partnerships and S corporations Number
Amount
of returns
Amount
(10) 314 *68 246 147 54 20 17 8 3,264 *150 3,114 1,443 1,923 443 -537 -157
(11) 13,878 11,797 2,080 1,517 332 72 107 53
(12) 627,537 41,982 585,556 28,747 42,301 12,568 43,813 458,127
$1,000 under $10,001 [2].......................................................................................................................... -$10,001 or more, total [2,3].......................................................................................................................... 28 $10,001 under $100,000 [2].......................................................................................................................... -$100,000 under $500,000.......................................................................................................................... *19 $500,000 under $1,000,000.......................................................................................................................... 4 $1,000,000 under $5,000,000.......................................................................................................................... 5 $5,000,000 or more.......................................................................................................................... --
Sources of gross unrelated business income (UBI) [1]-- Continued Rental Size of gross unrelated business income (UBI) Number of returns (13) Total...................................................................................... 4,235 (14) 171,275 5,317 165,958 Amount Number of returns (15) 2,892 686 2,205 (16) 334,156 2,814 331,342 Amount Number of returns (17) 6,061 2,746 3,315 (18) 795,020 9,476 785,544 Amount income [5] Unrelated debtfinanced income Investment income (less loss) [6]
$1,000 under $10,001 [2].......................................................................................................................... 1,256 $10,001 or more, total [2,3].......................................................................................................................... 2,979
$10,001 under $100,000 [2].......................................................................................................................... 2,058 $100,000 under $500,000.......................................................................................................................... 727 $500,000 under $1,000,000.......................................................................................................................... 98 $1,000,000 under $5,000,000.......................................................................................................................... 78 $5,000,000 or more.......................................................................................................................... 18
40,136 52,814 21,691 38,693 12,624
1,375 606 102 98 24
33,523 82,322 34,866 84,971 95,661
1,992 1,013 168 107 36
32,713 67,150 46,635 121,719 517,327
Footnotes at end of table.
Table 6.--Unrelated Business Income Tax: Sources of Gross Unrelated Business Income (UBI), by Size of Gross UBI, Tax Year 1998 --Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Sources of gross unrelated business income (UBI) [1]--Continued
Income from Size of gross unrelated business income (UBI) Number of returns (19) Total...................................................................................... 1,509 $1,000 under $10,001 [2].......................................................................................................................... 436 $10,001 or more, total [2,3].......................................................................................................................... 1,073 $10,001 under $100,000 [2].......................................................................................................................... 709 $100,000 under $500,000.......................................................................................................................... 252 $500,000 under $1,000,000.......................................................................................................................... 41 $1,000,000 under $5,000,000.......................................................................................................................... 57 14 $5,000,000 or more.......................................................................................................................... (20) 87,846 1,169 86,677 10,781 17,131 5,775 27,753 25,236 Amount controlled organizations [7]
Exploited exempt activity income, except advertising
Advertising income
Number of returns (21) 957 *155 802 417 239 66 68 12 (22) 114,414 *925 113,489 10,372 24,159 17,291 46,657 15,010 Amount
Number of returns (23) 8,432 2,778 5,654 3,732 1,363 271 235 53 (24) 1,227,675 10,695 1,216,979 105,891 206,047 129,016 293,484 482,541 Amount
*Estimate should be used with caution because of the small number of sample returns on which it is based. [1] For definitions of the sources of gross unrelated business income, see the Explanation of Selected Terms section of this article. [2] The gross unrelated business income (UBI) brackets of "$1,000 under $10,001" and "$10,001 under $100,000" reflect the different filing requirements for organizations with gross UBI of $10,000 or less (only a "partial" return was required) and all other Form 990-T filers (a more detailed "complete" return was required). Organizations with gross UBI below $1,000 were not required to file Form 990-T. [3] All organizations were required to report each income item, as shown in columns 3 through 26. However, only organizations with gross UBI over $10,000 were required to report each deduction shown in columns 14 through 45, 48, 49, and 54 through 59 of Table 7. Income totals for these larger organizations with gross UBI over $10,000 are shown in order to facilitate comparison with Table 7. [4] Property other than capital assets generally included property of a business nature, in contrast to personal and investment property, which were capital assets. [5] Income from real property and personal property leased with real property. [6] Reported by Internal Revenue Code section 501(c)(7), (9), and (17) organizations only. [7] Annuities, interest, rents, and royalties. NOTE: Detail may not add to totals because of rounding. SOURCE: IRS, Statistics of Income Bulletin, Spring 2002, Publication 1136 (Revised 6-02).
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Other income (less loss)
Number of returns (25) 5,215 1,173 4,042 2,533 1,117 192 171 30 (26) 324,088 3,757 320,332 43,159 76,764 38,817 114,265 47,327 Amount
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