2019-06-28T15:22:09-05:00 2018-09-30 952302617 SINGERLEWAK LLP 10960 WILSHIRE BLVD STE 700 LOS ANGELES CA 900243783 990 2017-10-01 954739699 PETERSEN AUTOMOTIVE MUSEUM PETE 3109646356 6060 WILSHIRE BLVD LOS ANGELES CA 90036 EITAN GINSBURG CFO 3109646356 2019-06-26 1 LIOR TEMKIN P00748170 3104773924 2019-06-26 206.169.119.90 2019-06-26 09:39:18 PD P D9ECC63439EA1DDABC20BB2D867C20C161594E9D 873F98A2E08A7086AC1E8208905203404661095D 2017 2019-02-21 02:37:17Z TERRY KARGES 6060 WILSHIRE BLVD LOS ANGELES CA 90036 19037585 0 X WWW.PETERSEN.ORG X 1999 CA DEDICATED TO THE EXPLORATION AND PRESENTATION OF THE AUTOMOBILE AND ITS IMPACT ON GLOBAL LIFE. 12 12 203 135 1253963 130484 11477829 7455248 4481515 4480326 643199 660206 3498790 3666381 20101333 16262161 0 32495 0 0 6424031 7053072 113748 328604 1002501 13939100 14486980 20476879 21901151 -375546 -5638990 226455674 220505505 63419177 61093836 163036497 159411669 X THE PETERSEN AUTOMOTIVE MUSEUM FOUNDATION IS DEDICATED TO THE EXPLORATION AND PRESENTATION OF THE AUTOMOBILE AND ITS IMPACT ON GLOBAL LIFE AND CULTURE USING LOS ANGELES AS THE PRIME EXAMPLE. THE MUSEUM FOUNDATION OBTAINS, PRESERVES AND DISPLAYS VINTAGE, CLASSIC AND OTHER RARE OR VALUABLE AUTOMOBILES AND OBJECTS WITH THE PURPOSE OF EDUCATING THE PUBLIC AS TO THE CULTURAL, SOCIAL AND ENVIRONMENTAL EFFECTS FROM THE RISE OF THE AUTOMOBILE. 0 0 19141690 32495 5273197 PUBLIC EDUCATION PROGRAMS ARE OFFERED TO SCHOOL CHILDREN, SENIORS, FAMILIES, AUTOMOTIVE ENTHUSIASTS, AND THE GENERAL PUBLIC, THROUGH THE MUSEUM EXHIBITS, LECTURES, EVENTS, TOURS, AND PROGRAMS CONDUCTED IN THE COMMUNITY. THE MUSEUM COLLECTS, PRESERVES AND INTERPRETS HISTORICALLY SIGNIFICANT VEHICLES AND AUTOMOTIVE-RELATED ARTIFACTS. PUBLIC PROGRAMS PROVIDE FOCUSED AND DEEPER LEARNING ABOUT THE CONTENT IN THE 25 NEW GALLERIES. THE MUSEUM OFFERS GALLERY TALKS, SPECIAL TOURS, FILM SCREENINGS, AUTHOR PRESENTATIONS, HANDS-ON WORKSHOPS, SEMINARS, AND LECTURES TO ENGAGE ADULT AUDIENCES IN LIFE-LONG LEARNING AND FUN EDUCATIONAL EXPERIENCES. 19141690 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 1 0 0 0 1 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 53 0 1 203 1 1 1 0 0 0 0 1 1 0 0 0 1 0 X 12 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X X EITAN GINSBURG 3239646364 6060 WILSHIRE BLVD LOS ANGELES CA 90036 PETER MULLIN CHAIR 5.00 X X 0 0 0 DAVID SYDORICK VICE CHAIR 2.00 X X 0 0 0 BRUCE MEYER VICE CHAIR 2.00 X X 0 0 0 RICHARD VARNER TREASURER 2.00 X X 0 0 0 WILLIAM AHMANSON SECRETARY 1.00 X X 0 0 0 GREG PENSKE DIRECTOR 1.00 X 0 0 0 RICHARD ROEDER DIRECTOR 1.00 X 0 0 0 CHARLES NEARBURG DIRECTOR 1.00 X 0 0 0 MICHAEL HAMMER DIRECTOR 1.00 X 0 0 0 SABRINA KAY DIRECTOR (AS OF 6/26/18) 1.00 X 0 0 0 BOBBY RAHAL DIRECTOR 1.00 X 0 0 0 KENT KRESSA DIRECTOR (AS OF 12/05/17) 1.00 X 0 0 0 TERRY KARGES EXECUTIVE DIRECTOR 40.00 X 360945 0 11646 EITAN GINSBURG CFO 40.00 X 164645 0 21385 MICHAEL BODELL DEPUTY DIRECTOR 40.00 X 126456 0 10629 652046 0 43660 3 0 1 0 THE SCENIC ROUTE 13516 DESMOND ST PACOIMA CA 91331 EXHIBIT FABRICATION 529957 LADWP - ELECTRIC PO BOX 30808 LOS ANGELES CA 90030 ELECTRIC COMPANY 451988 RAYZMAN EVENT GROUP 2029 CENTURY PARK EAST STE 1500 LOS ANGELES CA 90067 EVENT PLANNER 439535 DRAGO CULINARY PRODUCTIONS 6060 WILSHIRE BLVD LOS ANGELES CA 90036 CATERING 370023 WE SERVICE AMERICA 9208 VERMONT AVE STE 200 GARDENA CA 90248 CLEANING 233918 10 1437341 1185167 4832740 739234 7455248 MUSEUM ADMISSION FEES 900099 4258481 4258481 MEMBERSHIP EVENTS 900099 221845 221845 4480326 996053 996053 1451624 0 1451624 1451624 1451624 145187 429703 144667 766070 520 -336367 -335847 -335847 228889 1185167 1137897 -909008 -909008 1519661 726790 792871 792871 PARKING FEES 812930 2211722 1253963 957759 OTHER INCOME 900099 119172 119172 2330894 16262161 5273197 1253963 2279753 32495 32495 762378 180222 445572 136584 5120766 4464578 480450 175738 81667 71222 7335 3110 654591 614434 29795 10362 433670 354449 50893 28328 8017 70 7947 75362 68287 5468 1607 328604 328604 130685 130685 33301 26829 4342 2130 423403 378802 44601 512865 388489 13168 111208 52153 39006 7570 5577 988768 964697 20060 4011 138899 105227 2729 30943 7136419 6921783 178863 35773 565925 515314 40362 10249 FINANCE CHARGES 2405467 2108867 285562 11038 EXHIBIT COSTS 1233976 1233176 800 FOOD & BEVERAGE 282037 232424 2953 46660 TAXES & LICENSES 247861 230057 17136 668 251842 211262 26070 14510 21901151 19141690 1756960 1002501 4765562 3330099 15334599 14510506 336945 137113 244131 333662 794614 899760 167902434 21923139 151986970 145979295 42139375 43775463 10853478 11539607 226455674 220505505 1070191 1632840 1138569 1166185 39410417 38594811 21800000 19700000 63419177 61093836 X 149513188 143706704 13523309 15704965 163036497 159411669 226455674 220505505 -5638990 2014162 0 X 0 1 X 1 0 X 13020230 113830671 11583925 11477829 7455248 157367903 13020230 113830671 11583925 11477829 7455248 157367903 100523989 56843914 912384 837573 2404480 2479918 2447677 9082032 25716 10199 130484 166399 16381 282586 1164956 1297099 1076931 3837953 170454287 0.33350 0.31680 X THE ORGANIZATION RECEIVED A LARGE LAND DONATION IN 2014 WHICH CAUSED PUBLIC SUPPORT TO DECREASE. THE ORGANIZATION IS CONTINUALLY WORKING ON INCREASING THEIR PUBLIC SUPPORT PERCENTAGE. 2078124 10715313 X X 0 37067343 301470 2530665 1421213 38478265 34503722 444978 3589481 1470838 37067343 33098464 3353977 1948719 34503722 34607976 -843776 665736 33098464 32663526 2944450 1000000 34607976 1.00000 0 0 49650000 49650000 99329244 16494579 82834665 18923190 5428560 13494630 145979295 VEHICLES & OBJECTS AVAILABLE FOR EXHIBIT 10715131 CONSTRUCTION IN PROGRESS 824476 11539607 X 19629195 2014162 1483557 3497719 16131476 130685 130685 16262161 23254023 1483557 1483557 21770466 130685 130685 21901151 PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, PERMANENT COLLECTION ITEMS PURCHASED BY OR DONATED TO THE FOUNDATION ARE NOT CAPITALIZED IN THE STATEMENT OF FINANCIAL POSITION. THE FOUNDATION'S COLLECTION IS MADE UP OF VEHICLES, MOTORCYCLES AND OBJECTS THAT ARE HELD FOR EXHIBITION AND VARIOUS OTHER EDUCATIONAL PROGRAM ACTIVITIES. EACH OF THE ITEMS IS CATALOGUED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASED COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE EXCLUDED FROM THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. DEACCESSION PROCEEDS ARE REQUIRED BY THE FOUNDATION'S POLICY TO BE APPLIED TO THE ACQUISITION OF OTHER ITEMS FOR THE PERMANENT COLLECTION. THE FOUNDATION ALSO HAS ACCESS TO THE USE OF VEHICLES AND OBJECTS THAT ARE LOANED FROM VARIOUS INDIVIDUALS AND INSTITUTIONS FOR EXHIBIT PURPOSES. PART III, LINE 4: THE COLLECTION IS MADE UP OF RARE AND COLLECTIBLE VEHICLES FOR THE EDUCATION OF THE GENERAL PUBLIC ABOUT TO THE CULTURAL, SOCIAL, TECHNOLOGICAL AND ENVIRONMENTAL DEVELOPMENT AND EFFECTS OF THE AUTOMOBILE. PART V, LINE 4: THE INTENTION OF THE ENDOWMENT IS THAT THE PRINCIPAL BE PRESERVED, AND INFLATION PROTECTED, TO PROVIDE FOR A CONTINUOUS FLOW OF ANNUAL DISTRIBUTIONS TO SUPPORT THE OPERATIONS OF THE FOUNDATION. PART X, LINE 2: THE FOUNDATION IS A CALIFORNIA NONPROFIT CORPORATION AND IS EXEMPT FROM FEDERAL TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE CORRESPONDING STATE PROVISIONS. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. DURING THE YEAR ENDED SEPTEMBER 30, 2018, THE FOUNDATION INCURRED DE MINIMIS UNRELATED BUSINESS INCOME TAXES. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES SOFTWARE SUPPORT, VEHICLE SHIPPING, AND FUNDRAISING AUCTION ITEM 55205 0 0 0 0 0 0 55205 0 55205 0 0 0 0 0 0 X X X X 1 AGENCY WON 687 NORMANDY ROAD MOORESVILLE NC 28117 SPONSORSHIP SOLICITATION 0 2540000 272604 2267396 JOHN CHURCH SOUTH COAST PARTNERSHIP INC 162 SUNSET TERRACE LAGUNA BEACH CA 92651 SPONSORSHIP LEADS 0 100000 20000 80000 SUZANNE BUCKNER THE GRANT WRITING COMPANY 25120 SUMMERHILL LANE STEVENSON RANCH CA 91381 GRANTS 0 10000 36000 0 2650000 328604 2347396 CA ANNUAL GALA 1184135 1010510 173625 15148 227059 141190 126800 502054 MULLIN GALLERY OPENING 165371 134186 31185 33257 3009 34403 1 64550 40471 24079 23633 13500 17844 1414056 1185167 228889 15148 227059 198080 143309 554301 1137897 -909008 0 HISTORIC ELECTRIC VEHICLE FOUNDATION PO BOX 427 CARLSBORG WA 98324 900948437 501(C)(3) 24000 FMV 9 ELECTRIC POWERED VEHICLES GENERAL ASSISTANCE 1 X X X X 0 0 0 0 0 0 0 1 0 TERRY KARGES EXECUTIVE DIRECTOR 282537 0 71250 0 7158 0 10777 0 869 0 372591 0 0 0 EITAN GINSBURG CFO 132126 0 27000 0 5519 0 5921 0 15464 0 186030 0 0 0 PART I, LINE 7 THE EXECUTIVE DIRECTOR'S BONUSES ARE APPROVED BY BOARD OF DIRECTORS AND COMMUNICATED TO THE CFO TO IMPLEMENT BY THE BOARD CHAIRMAN. SOME BONUSES FOR OTHER STAFF MEMBERS ARE PART OF A PRE-STRUCTURED COMPENSATION PACKAGE, DEPENDENT ON WHETHER THEY ACHIEVE CERTAIN GOALS, AND APPROVED BY THE EXECUTIVE DIRECTOR. OTHERS ARE APPROVED AT THE DISCRETION OF THE EXECUTIVE DIRECTOR FOR PARTICULAR MERIT OR REASON. A CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK 630304653 000000000 2014-12-04 39600000 RENOVATION OF A BUILDING 0 0 0 A 39600000 11993 39588007 2015 0 0 1 0 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 1267 FMV X 27 593500 FMV X 3 144667 FMV 24 0 1 1 PART I, COLUMN (B): NONCASH DONATIONS ARE LISTED BY TOTAL NUMBER OF DONORS. PART I, LINE 32B: THE ORGANIZATION AUTOMATICALLY SELLS ALL STOCK DONATION AS SOON AS IT IS RECEIVED. THE ORGANIZATION USES A 3RD PARTY TO SELL THESE STOCKS. PART I, LINE 33: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, PERMANENT COLLECTION ITEMS PURCHASED BY OR DONATED TO THE FOUNDATION ARE NOT CAPITALIZED IN THE STATEMENT OF FINANCIAL POSITION. THE FOUNDATION'S COLLECTION IS MADE UP OF VEHICLES, MOTORCYCLES, AND OBJECTS THAT ARE HELD FOR EXHIBITION AND VARIOUS OTHER EDUCATIONAL PROGRAM ACTIVITIES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. FORM 990, PART VI, SECTION A, LINE 2 TERRY KARGES AND RICHARD VARNER HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE CFO. IT IS THEN DISTRIBUTED AND REVIEWED BY ALL THE BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES THE BOARD OF DIRECTORS TO SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT NOTIFYING OF ANY CHANGES. THESE ARE MONITORED BY THE BOARD CHAIRMAN. TRANSACTIONS POTENTIALLY INVOLVING CONFLICTS ARE DISCLOSED TO BOARD AND INTERESTED PARTY IS RECUSED FROM PARTICIPATION IN THAT DECISION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL OFFICERS IS DETERMINED BY THE BOARD BASED ON MARKET RATES, INDIVIDUAL PAY HISTORY, AND IT IS ALSO COMPARED TO OTHER ORGANIZATIONS OF SIMILAR EMPLOYEE SIZE AND/OR BUDGET SIZE. THIS IS REVIEWED ANNUALLY BY THE BOARD INDEPENDENTLY, WITHOUT THE PARTICIPATION OF INTERESTED PERSONS. FORM 990, PART VI, SECTION C, LINE 18 ALL INFORMATIONAL RETURN DOCUMENTS ARE AVAILABLE TO THE PUBLIC EITHER THROUGH WWW.GUIDESTAR.ORG OR UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, INFORMATIONAL RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.