LEONIS ADOBE ASSOCIATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- LEONIS ADOBE ASSOCIATION (EIN 95-6133952)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-10-13
- IRS object ID
- 201732869349100118
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-10-13T12:22:36-07:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOLDMAN KURLAND & MIRAGLIA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16133 VENTURA BLVD STE 880 | AddressLine1Txt |
| City | ENCINO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 914362403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 956133952 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEONIS ADOBE ASSOCIATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LEON | BusinessNameControlTxt |
| Phone | 8182226511 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 23537 CALABASAS ROAD | AddressLine1Txt |
| City | CALABASAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91302 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROL STEWART | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2017-10-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FRANK J MIRAGLIA | PreparerPersonNm |
| PTIN | P00877283 | PTIN |
| Phone | 8187849000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,600,892 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $14,031 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $25,351 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $25,351 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $25,351 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $31,766 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $31,766 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $31,766 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $719,732 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $719,732 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $719,732 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $719,732 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$24,445 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $505,984 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $136,011 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $136,011 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $902,446 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $776,849 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $912,860 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $67,108 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $67,108 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $325,537 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $325,537 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $28,722 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $28,722 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $16,939 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $16,939 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $7,932 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $7,932 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $54,181 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $9,930 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $44,251 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $21,310 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $348,793 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $23,073 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $325,720 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $870,522 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $40,935 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $808,277 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $870,522 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $40,935 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $808,277 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $31,924 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $735,914 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $912,860 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $122,535 | CashBOYAmt |
| Cash EOY | $144,879 | CashEOYAmt |
| Cash EOYFMV | $144,879 | CashEOYFMVAmt |
| Inventories BOY | $5,221 | InventoriesBOYAmt |
| Inventories EOY | $12,523 | InventoriesEOYAmt |
| Inventories EOYFMV | $12,523 | InventoriesEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,954,022 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,195,856 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,779,476 | LandBOYAmt |
| Land EOY | $3,758,166 | LandEOYAmt |
| Land EOYFMV | $4,954,022 | LandEOYFMVAmt |
| Other Assets BOY | $2,463,171 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,486,055 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,489,468 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,370,403 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,401,623 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,600,892 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $819 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $115 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $819 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $115 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $6,369,584 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,401,508 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,369,584 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,401,508 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,370,403 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,401,623 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,369,584 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $31,924 | ExcessRevenueOverExpensesAmt |
| Subtotal | $6,401,508 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $6,401,508 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 43.351 INVESCO CONVERT SEC | P | 2015-12-11 | 2016-02-26 | $929 | $1,026 | -$97 | -$97 |
| 373.267 LOOMIS SAYLES STRATEGIC | P | 2015-12-17 | 2016-01-20 | $4,864 | $5,251 | -$387 | -$387 |
| 400 VANGUARD S&P 500 GRTH | P | 2015-12-04 | 2016-01-20 | $37,278 | $42,606 | -$5,328 | -$5,328 |
| 355 ALERIAN MLP ETF | P | 2014-04-23 | 2016-01-13 | $3,501 | $5,917 | -$2,416 | -$2,416 |
| 900 DEUTSCHE X-TRACKERS MSCI | P | 2015-02-19 | 2016-12-06 | $23,303 | $25,440 | -$2,137 | -$2,137 |
| 2193.535 INVESCO CONVERT SEC | P | 2014-12-12 | 2016-02-26 | $46,985 | $52,741 | -$5,756 | -$5,756 |
| 3960.226 LOOMIS SAYLES STRATEGIC | P | 2014-12-16 | 2016-01-20 | $51,602 | $62,006 | -$10,404 | -$10,404 |
| 200 VANGUARD INDEX FDS S&P 500 | P | 2014-10-21 | 2016-01-13 | $35,392 | $35,442 | -$50 | -$50 |
| 100,000 GOLDMAN SACHS | P | 2013-03-05 | 2016-03-14 | $100,000 | $100,000 | ||
| 100,000 ALLY BK | P | 2014-09-10 | 2016-09-19 | $100,000 | $100,000 | ||
| 100,000 AMEX CENTURION | P | 2013-02-22 | 2016-02-29 | $100,000 | $100,000 | ||
| Capital Gain Dividends | $2,130 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$24,445 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$5,812 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $755,346 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,007,650 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.18848 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $729,197 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,994,328 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.18256 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $755,795 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,977,761 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.19001 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $728,390 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $3,951,263 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.18434 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $700,183 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $3,923,061 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.17848 | DistributionYr5Rt |
| Total Distribution | 0.923862 | TotalDistributionRt |
| Average Distribution | 0.184772 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,476,644 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $457,614 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $7,359 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $464,973 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $808,277 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $7,359 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,359 | SubtotalAmt |
| Tax Based On Investment Income | $7,359 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,400 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $7,400 | TotalPaymentsAndCreditsAmt |
| Overpayment | $41 | OverpaymentAmt |
| Applied To ES Tax | $41 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | LEONISADOBEMUSEUM.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROL STEWART | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8182226511 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 23537 CALABASAS ROAD | AddressLine1Txt |
| City | CALABASAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91302 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| RUTH ABEL | ||||||
| 20412 TIARA ST | WOODLAND HILLS | CA | 91367 | BOARD MEMBER | 2.00 | $0 |
| DON ADAMS | ||||||
| 7143 SALISBURY RD | WEST HILLS | CA | 91304 | PRESIDENT EM | 5.00 | $0 |
| BRIAN KAHN | ||||||
| 3611 SUNSET KNOLLS DR | THOUSAND OAKS | CA | 91362 | President | 2.00 | $0 |
| DIANE RAMADAN | ||||||
| 412 APPLETREE AVE | CAMARILLO | CA | 93012 | Director | 40.00 | $67,108 |
| CAROL STEWART | ||||||
| 5190 ROUND MEADOW RD | HIDDEN HILLS | CA | 91302 | Treasurer | 2.00 | $0 |
| JEANNETTE SMITH | ||||||
| 6971 LOS ANGELES AVE | SOMIS | CA | 93066 | Secretary | 2.00 | $0 |
| CAMILLE STODDARD | ||||||
| 25275 EL DORADO MEADOW | HIDDEN HILLS | CA | 91302 | Vice President | 2.00 | $0 |
| ROBERT WALLACE | ||||||
| 3390 LATHROP AVE | SIMI VALLEY | CA | 93063 | BOARD MEMBER | 2.00 | $0 |
| DENNIS WASHBURN | ||||||
| 22544 CALIPATRIA DR | CALABASAS | CA | 91302 | BOARD MEMBER | 2.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,445,564 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $68,795 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,514,359 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $2,514,359 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $37,715 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,476,644 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $123,832 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $123,832 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,359 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,359 | TotalTaxAmt |
| Distributable Before Adj | $116,473 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $116,473 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $116,473 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $808,277 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $808,277 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $7,359 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $800,918 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $116,473 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $517,704 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $544,775 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $644,872 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $617,128 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $569,017 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,893,496 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $808,277 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $116,473 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $691,804 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,585,300 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $517,704 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,067,596 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $544,775 | ExcessFromYear4Amt |
| Excess From Year3 | $644,872 | ExcessFromYear3Amt |
| Excess From Year2 | $617,128 | ExcessFromYear2Amt |
| Excess From Year1 | $569,017 | ExcessFromYear1Amt |
| Excess From Current Year | $691,804 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $25,351 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $31,766 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $719,732 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$24,445 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| GIFT SHOP SALES | $10,196 | ||
| MEMBERSHIP DUES | 25 | $6,894 | |
| PROGRAMS,WEDDING & EVENTS | 6 | $26,561 | |
| TOURS | 6 | $92,360 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $902,664 | ExclusionAmt |
| Related Or Exempt Function Incm | -$14,249 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $888,415 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11A | LineNumberTxt |
| Relationship Statement | LEONIS ADOBE MUSEUM IS A HISTORICAL MONUMENT AND LIVING HISTORY MUSEUM DEDICATED TO RESTORING, PRESERVING AND SHARING CALIFORNIA RANCH LIFE IN THE LATE 1800'S. AS SUCH, IT IS HISTORICAL CULTURAL MONUMENT #1 FOR THE CITY OF LOS ANGELES AND ON THE NATIONAL REGISTER OF HISTORICAL PLACES.LEONIS ADOBE IS A FREE MUSEUM THAT HOSTS SCHOOL TOURS DAILY FROM 9:00AM TO 11:30AM THROUGHOUT THE SCHOOL YEAR. IN ADDITION, IT IS OPEN TO VISITORS FROM 1:00PM TO 4:00PM FRIDAY AND SUNDAY, AND SATURDAY 10:00AM TO 4:00PM. OVER 12,000 STUDENTS VISIT THE MUSEUM ANNUALLY. A CONSIDERABLE AMOUNT OF THE ASSOCIATION'S RESOURCES ARE DEDICATED TO THE DEVELOPMENT OF DOCENT GUIDED TOURS THAT ARE CONSISTENT WITH THE STATE OF CALIFORNIA CURRICULA GUIDELINES FOR ELEMENTARY GRADES.AS A LIVING HISTORY MUSEUM, THE LEONIS ADOBE BRINGS THE EXPERIENCE OF 1800'S RANCH LIFE ALIVE BY PROVIDING HANDS-ON EXPLORATION OF TIMES PAST THROUGH ITS EXHIBITS. IN THE RICH CULTURAL CONTEXT OF MIGUEL LEONIS, A FRENCH BASQUE AND HIS NATIVE AMER | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $16,939 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $16,939 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (9 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | RtRt |
|---|---|---|---|---|---|---|---|
| BUILDINGS | 1962-01-01 | $1,570,452 | $1,084,093 | SL | 101.0000 | $15,549 | |
| IMPROVEMENTS | 1962-01-01 | $249,915 | $27,355 | SL | 101.0000 | $2,474 | |
| FURNITURE | 2010-01-28 | $875 | $816 | 200DB | $59 | 0.0893 | |
| PARKING SIGN | 2010-02-18 | $734 | $685 | 200DB | $49 | 0.0893 | |
| SECURITY SYSTEM | 2012-09-19 | $11,700 | $9,873 | 200DB | $1,045 | 0.0893 | |
| IMPROVEMENTS | 2012-09-06 | $2,719 | $1,777 | SL | 15.0000 | $181 | |
| FURNITURE | 2012-04-12 | $7,415 | $6,257 | 200DB | $662 | 0.0893 | |
| SECURITY SYSTEM | 2014-01-01 | $270 | $187 | 200DB | $47 | 0.1749 | |
| IMPROVEMENTS - SEWER LINE | 2015-02-03 | $18,658 | $9,795 | SL | 15.0000 | $1,244 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $39,922 | $38,608 | $1,314 | $39,922 |
| Machinery and Equipment | $14,780 | $14,780 | $14,780 | |
| Buildings | $1,570,452 | $1,099,642 | $470,810 | $1,570,452 |
| Improvements | $271,292 | $42,826 | $228,466 | $271,292 |
| Land | $3,057,576 | $3,057,576 | $3,057,576 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $28,722 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $28,722 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CERTIFICATES OF DEPOSIT | $1,419,000 | $1,451,789 | $1,451,789 |
| DEPOSITS | $900 | $900 | $900 |
| MARKETABLE SECURITIES | $1,043,117 | $1,033,366 | $1,036,779 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| ADVERTISING | $11,053 | $11,053 | |
| BARNYARD ANIMAL CARE & FEEDING | $30,302 | $30,302 | |
| BOARD MEETINGS AND TRAVEL | $9,369 | $9,369 | |
| DOCENT EXPENSES | $7,610 | $7,610 | |
| GIFT SHOP INVENTORY ADJUSTMENT | $2,151 | $2,151 | |
| INSURANCE | $113,248 | $90,175 | $23,073 |
| MERCHANT FEES | $807 | $807 | |
| MISCELLANEOUS EXPENSES | $8,239 | $8,239 | |
| MUSEUM EXPENSES | $9,371 | $9,371 | |
| OFFICE & ADMINISTRATION | $39,307 | $39,307 | |
| PROFESSIONAL FEES & OUTSIDE SERVICES | $24,723 | $24,723 | |
| REPAIRS & MAINTENANCE OF GROUNDS | $40,812 | $40,812 | |
| SCHOOL TOUR & SUMMER PROGRAM EXPS | $10,380 | $10,380 | |
| SPECIAL EVENT EXPENSES | $12,904 | $12,904 | |
| UTILITIES | $28,517 | $28,517 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| GIFT SHOP SALES | $10,196 | $10,196 |
| MEMBERSHIP DUES | $6,894 | $6,894 |
| PROGRAMS,WEDDING & EVENTS | $26,561 | $26,561 |
| TOURS | $92,360 | $92,360 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| SALES TAX PAYABLE | $262 | $115 |
| CREDIT CARD PAYABLE | $557 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MORGAN STANLEY INVESTMENT FEES | CategoryTxt |
| Amt | $7,932 | Amt |
| Net Investment Income | $7,932 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| FEDERAL INCOME TAXES | $7,400 | $7,400 | |
| FRANCHISE TAX BOARD | $244 | $244 | |
| LICENSES | $304 | $304 | |
| PAYROLL TAXES | $34,636 | $34,636 | |
| PROPERTY TAXES | $9,981 | $51 | $9,930 |
| SALES TAXES PAID | $1,616 | $1,616 |
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