ROBERT GUMBINER FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: ROBERT GUMBINER FOUNDATION (EIN 95-4167110)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-08-15
IRS object ID: 201232289349100728
Schema version: 2011v1.2
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 ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-08-15T13:03:27-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LEGACY PARTNERS	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	13 CORPORATE PLAZA SUITE 100	AddressLine1
City	NEWPORT BEACH	City
State	CA	State
ZIP Code	92660	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	954167110	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ROBERT GUMBINER FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ROBE	NameControl
Phone	5624375359	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1020 E 7TH STREET	AddressLine1
City	LONG BEACH	City
State	CA	State
ZIP Code	90813	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MICHAEL DEOVLET	Name
Title	CO-CHAIR/EXEC DIR	Title
Phone	5624375359	Phone
Date Signed	2012-08-15	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	KARLYLLE SCHWARTZE CPA	Name
Phone	9497067165	Phone
Date Prepared	2012-08-15	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	21326435	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	2740090	ContriReceivedRevAndExpnss
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Dividends Rev And Expnss	62627	DividendsRevAndExpnss
Dividends Net Invst Incm	58188	DividendsNetInvstIncm
Dividends Adj Net Incm	62627	DividendsAdjNetIncm
Gross Rents Rev And Expnss	730190	GrossRentsRevAndExpnss
Gross Rents Net Invst Incm	730190	GrossRentsNetInvstIncm
Gross Rents Adj Net Incm	730190	GrossRentsAdjNetIncm
Net Rental Income Or Loss	277135	NetRentalIncomeOrLoss
Net Gain Sale Assets Rev And Expnss	-1714654	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	2702812	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	13178	CapitalGainNetIncmNetInvstIncm
Gross Sales Less Returns And Allwnc	206394	GrossSalesLessReturnsAndAllwnc
Cost Of Goods Sold	41731	CostOfGoodsSold
Gross Profit Rev And Expnss	164663	GrossProfitRevAndExpnss
Gross Profit Adj Net Incm	164663	GrossProfitAdjNetIncm
Other Income Rev And Expnss	13693	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	13693	OtherIncomeNetInvstIncm
Other Income Adj Net Incm	13693	OtherIncomeAdjNetIncm
Total Revenue And Expenses	1996609	TotalRevenueAndExpenses
Total Net Investment Income	815249	TotalNetInvestmentIncome
Total Adjusted Net Income	971173	TotalAdjustedNetIncome
Comp Ofcr Dir Trst Rev And Expnss	88206	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	52756	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Adj Net Incm	88206	CompOfcrDirTrstAdjNetIncm
Oth Empl Slrs Wgs Rev And Expnss	128661	OthEmplSlrsWgsRevAndExpnss
Oth Empl Slrs Wgs Adj Net Incm	57381	OthEmplSlrsWgsAdjNetIncm
Oth Empl Slrs Wgs Dsbrs Chrtbl Prps	71280	OthEmplSlrsWgsDsbrsChrtblPrps
Pension Empl Bnft Rev And Expnss	14462	PensionEmplBnftRevAndExpnss
Pension Empl Bnft Adj Net Incm	5289	PensionEmplBnftAdjNetIncm
Pension Empl Bnft Dsbrs Chrtbl Prps	9173	PensionEmplBnftDsbrsChrtblPrps
Legal Fees Rev And Expnss	15080	LegalFeesRevAndExpnss
Legal Fees Adj Net Incm	5515	LegalFeesAdjNetIncm
Legal Fees Dsbrs Chrtbl Prps	9565	LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss	11737	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	237	AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm	11737	AccountingFeesAdjNetIncm
Other Prof Fees Rev And Expnss	41581	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	41581	OtherProfFeesNetInvstIncm
Other Prof Fees Adj Net Incm	41581	OtherProfFeesAdjNetIncm
Taxes Rev And Expnss	20891	TaxesRevAndExpnss
Taxes Net Invst Incm	5500	TaxesNetInvstIncm
Taxes Adj Net Incm	11791	TaxesAdjNetIncm
Taxes Dsbrs Chrtbl Prps	5589	TaxesDsbrsChrtblPrps
Deprec And Depletion Rev And Expnss	310489	DeprecAndDepletionRevAndExpnss
Deprec And Depletion Net Invst Incm	162602	DeprecAndDepletionNetInvstIncm
Deprec And Depletion Adj Net Incm	162602	DeprecAndDepletionAdjNetIncm
Occupancy Rev And Expnss	26555	OccupancyRevAndExpnss
Occupancy Adj Net Incm	9712	OccupancyAdjNetIncm
Occupancy Dsbrs Chrtbl Prps	16843	OccupancyDsbrsChrtblPrps
Trav Conf Meeting Rev And Expnss	21203	TravConfMeetingRevAndExpnss
Trav Conf Meeting Adj Net Incm	8553	TravConfMeetingAdjNetIncm
Trav Conf Meeting Dsbrs Chrtbl Prps	12650	TravConfMeetingDsbrsChrtblPrps
Printing And Pub Rev And Expnss	143	PrintingAndPubRevAndExpnss
Printing And Pub Adj Net Incm	143	PrintingAndPubAdjNetIncm
Other Expenses Rev And Expnss	525416	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	256638	OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm	364936	OtherExpensesAdjNetIncm
Other Expenses Dsbrs Chrtbl Prps	160479	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	1204424	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	519314	TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm	767446	TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	285579	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	1725000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	1725000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	2929424	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	519314	TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm	767446	TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps	2010579	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-932815	ExcessOfRevenueOverExpenses
Net Investment Income	295935	NetInvestmentIncome
Adjusted Net Income	203727	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	379673	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	281264	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	281264	SavingsAndTempCashInvstEOYFMV
Accounts Receivable	3400	AccountsReceivable
Accounts Receivable BOY	1374	AccountsReceivableBOY
Accounts Receivable EOY	3400	AccountsReceivableEOY
Accounts Receivable EOYFMV	3400	AccountsReceivableEOYFMV
Other Notes And Loans Receivable	121875	OtherNotesAndLoansReceivable
Other Notes And Loans Rcvbl BOY	462500	OtherNotesAndLoansRcvblBOY
Other Notes And Loans Rcvbl EOY	121875	OtherNotesAndLoansRcvblEOY
Other Notes And Loans Rcvbl EOYFMV	121875	OtherNotesAndLoansRcvblEOYFMV
Inventories For Sale Or Use BOY	44664	InventoriesForSaleOrUseBOY
Inventories For Sale Or Use EOY	15042	InventoriesForSaleOrUseEOY
Inventories For Sale Or Use EOYFMV	15042	InventoriesForSaleOrUseEOYFMV
Investments Govt Oblig BOY	1424624	InvestmentsGovtObligBOY
Investments Govt Oblig EOY	1965809	InvestmentsGovtObligEOY
Investments Govt Oblig EOYFMV	1968828	InvestmentsGovtObligEOYFMV
Investments Corp Stock EOY	376005	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	353195	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	861434	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	983990	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	1037342	InvestmentsCorpBondsEOYFMV
Investments Land Etc Basis	10074987	InvestmentsLandEtcBasis
Accum Deprec Investments Land Etc	1067567	AccumDeprecInvestmentsLandEtc
Investments Land Etc BOY	8366543	InvestmentsLandEtcBOY
Investments Land Etc EOY	9007420	InvestmentsLandEtcEOY
Investments Land Etc EOYFMV	10190000	InvestmentsLandEtcEOYFMV
Land Building And Equipment Basis	5862363	LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip	1502833	AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY	6922303	LandBuildingAndEquipmentBOY
Land Building And Equipment EOY	4359530	LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV	5862363	LandBuildingAndEquipmentEOYFMV
Other Assets BOY	1493126	OtherAssetsBOY
Other Assets EOY	1493126	OtherAssetsEOY
Other Assets EOYFMV	1493126	OtherAssetsEOYFMV
Total Assets BOY	19956241	TotalAssetsBOY
Total Assets EOY	18607461	TotalAssetsEOY
Total Assets EOYFMV	21326435	TotalAssetsEOYFMV
Accounts Payable BOY	102271	AccountsPayableBOY
Accounts Payable EOY	962	AccountsPayableEOY
Other Liabilities BOY	384431	OtherLiabilitiesBOY
Other Liabilities EOY	69775	OtherLiabilitiesEOY
Total Liabilities BOY	486702	TotalLiabilitiesBOY
Total Liabilities EOY	70737	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	2174	CapitalStockBOY
Capital Stock EOY	2174	CapitalStockEOY
Paid In Or Capital Surplus BOY	1396432	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	1396432	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	18070933	RetainedEarningsBOY
Retained Earnings EOY	17138118	RetainedEarningsEOY
Total Net Assets BOY	19469539	TotalNetAssetsBOY
Total Net Assets EOY	18536724	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	19956241	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	18607461	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	19469539	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-932815	ExcessOfRevenueOverExpenses
Subtotal	18536724	Subtotal
Total Net Assets Fund Balances EOY	18536724	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (18 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
FED HOME LN BK	P	2011-09-12	2011-12-22	100000	99950	50	50
GE CAPITAL	P	2009-04-02	2011-05-16	25000	23203	1797	1797
FED HOME LN BK	P	2011-08-09	2011-12-30	100000	99970	30	30
VERIZON NEW ENGLAND	P	2009-07-17	2011-04-27	153524	152152	1372	1372
FED HOME LN MTG	P	2011-06-10	2011-09-13	100000	99950	50	50
CMO'S RETURN OF PRINCIPAL	P			19267	19267
FED HOME LN BK	P	2011-06-10	2011-08-25	100000	100020	-20	-20
FED NATL MTG	P	2011-01-19	2011-07-13	21000	21015	-15	-15
FED NATL MTG	P	2010-07-13	2011-07-28	100000	99725	275	275
FED HOME LN BK	P	2010-07-08	2011-07-29	300000	299335	665	665
FED HOME LN BK	P	2010-07-12	2011-07-27	200000	199540	460	460
FED NATL MTG	P	2010-07-07	2011-07-27	200000	199640	360	360
US TREAS STRIP	P	2010-06-29	2011-02-18	250775	256830	-6055	-6055
GOLDMAN SACHS GROUP	P	2010-05-05	2011-11-18	105150	104273	877	877
FHR 2785 DX	P	2009-04-02	2011-02-15		416	-416	-416
FHR 2759 BL	P	2009-04-02	2011-01-14		117	-117	-117
PROTECTIVE LIFE	P	2009-03-04	2011-06-15	25000	23313	1687	1687
PROTECTIVE LIFE	P	2009-03-04	2011-03-28	175368	163190	12178	12178

Field	Value	IRS element (for citing)
Capital Gain Net Income	13178	CapitalGainNetIncome
Net Short Term Capital Gain Or Loss	-5960	NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	2311366	QualifyingDistributionsYear1
Noncharitable Assets Year1	13685990	NoncharitableAssetsYear1
Distribution Ratio Year1	0.168886	DistributionRatioYear1
Qualifying Distributions Year2	1623225	QualifyingDistributionsYear2
Noncharitable Assets Year2	14418660	NoncharitableAssetsYear2
Distribution Ratio Year2	0.112578	DistributionRatioYear2
Qualifying Distributions Year3	658023	QualifyingDistributionsYear3
Noncharitable Assets Year3	579600	NoncharitableAssetsYear3
Distribution Ratio Year3	1.135305	DistributionRatioYear3
Qualifying Distributions Year4	1577624	QualifyingDistributionsYear4
Noncharitable Assets Year4	455673	NoncharitableAssetsYear4
Distribution Ratio Year4	3.462185	DistributionRatioYear4
Qualifying Distributions Year5	842427	QualifyingDistributionsYear5
Noncharitable Assets Year5	214500	NoncharitableAssetsYear5
Distribution Ratio Year5	3.927399	DistributionRatioYear5
Total Distribution Ratio	8.806353	TotalDistributionRatio
Average Distribution Ratio	1.761271	AverageDistributionRatio
Net Noncharitable Assets	12444091	NetNoncharitableAssets
Adjusted Noncharitable Assets	21917417	AdjustedNoncharitableAssets
One Percent Net Investment Income	2959	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	21920376	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	2010579	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	5919	InvestmentIncomeExciseTax
Subtotal	5919	Subtotal
Tax Based On Investment Income	5919	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	9447	EstTaxPaymentsAndOverpayment
Total Credits And Payments	9447	TotalCreditsAndPayments
Overpayment	3528	Overpayment
Amount Credited To Next Year	3528	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	CA	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	true	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	MANAGEMENT ACTIVITES INC	BooksInCareOfPersonName
Books In Care Of Phone Number	5624375359	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	1020 E 7TH STREET	AddressLine1
City	LONG BEACH	City
State	CA	State
ZIP Code	90813	ZIPCode

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	true	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	true	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	false	ActsFailToQualifyAsExceptions
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
MICHAEL DEOVLET
1020 E 7TH STREET	LONG BEACH	CA	90813	CO-CHAIR/DIR	20.00	53590	617	0
BURKE GUMBINER
4053 SUNNYSLOPE AVE	LONG BEACH	CA	91423	CO-CHAIR/SEC	2.00	0	0	0
ALIS GUMBINER
1020 E 7TH STREET	LONG BEACH	CA	90813	DIRECTOR	2.00	0	0	0
BRIAN HOPE
1020 E 7TH STREET	LONG BEACH	CA	90813	CFO	15.00	34616	0	0

Compensation Of Highest Paid Empl CompensationOfHighestPaidEmpl

Field	Value	IRS element (for citing)
Name	BRENNA BARRETT	Name

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1020 E 7TH STREET	AddressLine1
City	LONG BEACH	City
State	CA	State
ZIP Code	90813	ZIPCode

Field	Value	IRS element (for citing)
Title	MUSEUM DIREC	Title
Average Hours Per Week	40.00	AverageHoursPerWeek
Compensation	77500	Compensation
Employee Benefits	6998	EmployeeBenefits

Field	Value	IRS element (for citing)
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	ETHNIC ART INSTITUTE OF MICRONESIA	Description1
Expenses1	239964	Expenses1
Description2	PACIFIC ISLAND ETHNIC ART MUSEUM	Description2
Expenses2	210277	Expenses2

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	2039218	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	404377	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	10190000	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	12633595	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	12633595	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	189504	CashDeemedCharitable
Net Noncharitable Assets	12444091	NetNoncharitableAssets
Minimum Investment Return	622205	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	X	Sect4942j3j5FndtnAndFrgnOrg

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	2010579	ExpensesAndContributions
Qualifying Distributions	2010579	QualifyingDistributions
Adj Qualifying Distributions	2010579	AdjQualifyingDistributions

Private Operating Foundations PrivateOperatingFoundations

Field	Value	IRS element (for citing)
Section4942j3	X	Section4942j3

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

Field	Value	IRS element (for citing)
Current Year	203727	CurrentYear
Total	203727	Total

Percent85 Of Lessor Percent85OfLessor

Field	Value	IRS element (for citing)
Current Year	173168	CurrentYear
Total	173168	Total

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Current Year	2010579	CurrentYear
Year1	2311366	Year1
Year2	1623225	Year2
Year3	658023	Year3
Total	6603193	Total

Qlfy Distri Not Used Directly QlfyDistriNotUsedDirectly

Field	Value	IRS element (for citing)
Current Year	1725000	CurrentYear
Year1	1643563	Year1
Year2	1180000	Year2
Total	4548563	Total

Qlfy Distri Made Directly QlfyDistriMadeDirectly

Field	Value	IRS element (for citing)
Current Year	285579	CurrentYear
Year1	667803	Year1
Year2	443225	Year2
Year3	658023	Year3
Total	2054630	Total

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

Field	Value	IRS element (for citing)
Current Year	414803	CurrentYear
Year1	456200	Year1
Year2	495333	Year2
Year3	144912	Year3
Total	1511248	Total

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MUSEUM OF LATIN AMERICAN	BusinessNameLine1
Business Name Line2	ART	BusinessNameLine2

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	638 ALAMITOS AVENUE	AddressLine1
City	LONG BEACH	City
State	CA	State
ZIP Code	90802	ZIPCode

Field	Value	IRS element (for citing)
Recipient Relationship	NONE	RecipientRelationship
Recipient Foundation Status	501(C)(3)	RecipientFoundationStatus
Purpose Of Grant Or Contribution	PROMOTION OF VISUAL ARTS & CULTURE	PurposeOfGrantOrContribution
Amount	$1,725,000	Amount

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	1725000	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$62,627	ExclusionAmount

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

Field	Value	IRS element (for citing)
Exclusion Code	16	ExclusionCode
Exclusion	$277,135	ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

Field	Value	IRS element (for citing)
Exclusion Code	15	ExclusionCode
Exclusion	$13,693	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$13,178	ExclusionAmount
Related Or Exempt Function Income	-1727832	RelatedOrExemptFunctionIncome

Gross Profit Loss Sales Of Invntry GrossProfitLossSalesOfInvntry

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	164663	RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$366,633	ExclusionAmount
Related Or Exempt Function Income	-1563169	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	-1196536	TotalPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps (2 entries)

Line NumberLineNumber	Relationship StatementRelationshipStatement
10	INCOME DERIVED FROM EXEMPT PURPOSE ACTIVITIES RELATED TO THE ETHNIC ART INSTITUTE OF MICRONESIA, INCLUDING, AMONG OTHER EXEMPT PURPOSES, THE PROMOTION OF ART AND ART CULTURE.
10	INCOME DERIVED FROM EXEMPT PURPOSE ACTIVITIES RELATED TO THE PACIFIC ISLAND ETHNIC ART MUSEUM, INCLUDING, AMONG OTHER EXEMPT PURPOSES, THE PROMOTION OF ART AND ART CULTURE.

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees (2 entries)

AmountAmount	Adjusted Net IncomeAdjustedNetIncome	CategoryCategory	Net Investment IncomeNetInvestmentIncome
$11,500	11500
$237	237	278 ALAMITOS - ARTIST LOFTS	237

Compensation Explanation CompensationExplanation

Compensation Compensation (4 entries)

MICHAEL DEOVLET
BURKE GUMBINER
ALIS GUMBINER
BRIAN HOPE

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (119 entries)

Description Of PropertyDescriptionOfProperty	Date AcquiredDateAcquired	Cost Or Other BasisCostOrOtherBasis	Prior Years DepreciationPriorYearsDepreciation	Computation MethodComputationMethod	LifeLife	Current Year ExpenseCurrentYearExpense	Net Investment IncomeNetInvestmentIncome	Adjusted Net IncomeAdjustedNetIncome
278 ALAMITOS - BLDG	1997-07-01	294711	102013	S/L	39.0000	7557	7557	7557
278 ALAMITOS - LAND	1997-07-01	265628
CAPITAL IMPROVEMENT	1998-07-01	2417	1117	S/L	39.0000	62	62	62
CAPITAL IMPROVEMENT	1999-07-14	21343	8617	S/L	39.0000	548	548	548
CAPITAL IMPROVEMENT	2000-07-01	117206	41360	S/L	39.0000	3006	3006	3006
CAPITAL IMPROVEMENT	2001-07-01	1716329	418074	S/L	39.0000	44009	44009	44009
CAPITAL IMPROVEMENT	2002-07-01	82726	18029	S/L	39.0000	2121	2121	2121
BLDGS	2009-04-30	333871	14268	S/L	39.0000	8561	8561	8561
LAND	2009-04-30	241129
500 ALAMITOS - BLDG	2009-04-30	2200000	94017	S/L	39.0000	56410	56410	56410
500 ALAMITOS - LAND	2009-04-30	550000
CAPITAL IMPROVEMENTS	2011-06-30	16343		S/L	39.0000	210	210	210
1066 E. 7TH ST- BLDG	2009-04-05	581579	37010	S/L	27.5000	21148	21148	21148
1066 E 7TH ST - LAND	2009-04-05	268421
1052 E 7TH ST - BLDG	2009-04-30	316667	19192	S/L	27.5000	11515	11515	11515
1052 E 7TH ST- LAND	2009-04-30	158333
1046 E 7TH ST - BLDG	2009-04-30	205000	12424	S/L	27.5000	7455	7455	7455
1046 E 7TH ST - LAND	2009-04-30	205000
LAND	2010-01-01	1000000
CAPITAL IMPROVEMENTS	2011-06-30	14590
CAPITAL IMPROVEMENTS	2005-01-01	3059	466	S/L	39.0000	19
EAIM EQUIPMENT	2005-01-01	36411	36411	200DB	5.0000
OTHER EQUIPMENT	2005-01-01	12976	12976	200DB	5.0000
AIRPORT LANDING	1997-07-01	8989	8094	S/L	15.0000	149
AIRPORT LANDING	1998-07-01	10058	2874	S/L	7.0000	359
LANDING CONSTRUCTION	1999-07-01	899	690	S/L	15.0000	15
BALBOA REMODEL	1999-07-01	8500	3523	S/L	27.5000	309
BAR/REST CONSTRUCT	1998-07-01	108431	108431	S/L	5.0000
BAR/REST CONSTRUCT	1999-07-01	6493	6493	S/L	5.0000
CAPITAL IMPROVEMENT	1995-07-01	74454	29590	S/L	39.0000	1909
HIPPODROME IMPROV	1996-07-01	314389	116887	S/L	39.0000	8061
292 ALAMITOS IMPROVE	1997-07-01	45700	45700	S/L	7.0000
1043 E 6TH ST	1997-07-01	276181	95601	S/L	39.0000	7082
628 ALAMITOS AVE	1997-07-01	168719	58401	S/L	39.0000	4326
CAPITAL IMPROVEMENT	1998-07-01	91541	43273	S/L	27.5000	3329
BALBOA CAP IMPROVEMENT	1998-07-01	6385	3017	S/L	27.5000	233
CAPITAL IMPROVEMENT	1999-07-01	24402	10114	S/L	27.5000	888
CAPITAL IMPROVE	2000-07-01	2350	854	S/L	27.5000	86
CAPITAL IMPROVE	2001-07-01	1490	363	S/L	39.0000	38
CAPITAL IMPROVE	2003-01-01	2547	519	S/L	39.0000	65
YAP CAPITAL IMPROVE	2003-01-01	2316	471	S/L	39.0000	15
CAPITAL IMPROVE	2004-01-01	1593	285	S/L	39.0000	41
EAIM BUILDING	2000-07-01	2614692	670424	S/L	39.0000	16761
EAIM EQUIPMENT	2000-07-01	652933	652933	S/L	7.0000
EAIM BLDG	2001-07-01	326124	79439	S/L	39.0000	2091
EAIM EQUIP	2001-07-01	35018	35018	S/L	7.0000
EAIM BLDG	2002-07-01	92096	20070	S/L	39.0000	590
EAIM EQUIP	2002-07-01	2428	2428	S/L	7.0000
EQUIPMENT	2003-01-01	14400	14400	S/L	7.0000
EQUIPMENT	2003-01-10	12469	12469	S/L	7.0000
CONSTRUCTION IMPROVE	2003-01-01	10865	5434	S/L	15.0000	181
GARDEN LIGHT/A TRIA	2000-07-01	971	971	S/L	7.0000
GARDEN LIGHT/ A TRIA	2001-07-01	746	746	S/L	7.0000
GARDEN LIGHT/ A TRIA	2002-07-01	61	61	S/L	7.0000
CAPITAL IMPROVE	2006-12-31	378095	39184	S/L	39.0000	9695
INTERIOR DESIGN	1995-07-01	7343	7343	S/L	7.0000
INTERIOR DESIGN	1995-07-01	14437	14437	S/L	7.0000
INTERIOR DESIGN	1996-07-01	2568	2568	S/L	7.0000
KANTEEN EQUIPMENT	1998-07-01	6400	6400	S/L	7.0000
KANTEEN EQUIPMENT	1999-07-01	749	749	S/L	7.0000
KANTEEN EQUIPMENT	2002-07-01	28	28	S/L	7.0000
KANTEEN IMPROVE	1998-07-01	116	102	S/L	15.0000	2
KANTEEN IMPROVEMENT	1999-07-01	695	531	S/L	15.0000	11
KANTEEN IMPROVEMENT	2000-07-01	972	650	S/L	15.0000	16
KANTEEN IMPROVE	2001-07-01	673	427	S/L	15.0000	11
KITCHEN EQUIPMENT	1999-07-01	3286	3286	S/L	7.0000
KITCHEN EQUIPMENT	2000-07-01	1017	1017	S/L	7.0000
KITCHEN EQUIPMENT	2001-07-01	3727	3727	S/L	7.0000
KITCHEN EQUIPMENT	2002-07-01	2688	2688	S/L	7.0000
KITCHEN EQUIP	2003-01-01	315	315	S/L	7.0000
LANDING EQUIPMENT	1998-07-01	10324	8950	S/L	15.0000	172
LANDING EQUIPMENT	1999-07-01	812	812	S/L	7.0000
MAA CONSTRUCTION	1999-07-01	123	93	S/L	15.0000	2
MAA CONSTRUCTION	2000-07-01	4238	2828	S/L	15.0000	71
EAIM EQUIPMENT	2006-12-31	36410	36410	S/L	5.0000
COMPUTER EQUIPMENT	2006-12-31	877	723	S/L	5.0000	154
MURAL	1995-07-01	18858	18858	S/L	7.0000
OFFICE EQUIPMENT	2004-01-01	211	211	S/L	5.0000
HIPPODROME BLDG	1995-12-15	936000	361996	S/L	39.0000	24000
HIPPODROME LAND	1995-12-15	264000
6TH STREET BLDG	1995-05-26	300000	120510	S/L	39.0000	7692
6TH STREET - LAND	1995-05-26	475000
1033 6TH ST - BLDG	1998-02-24	180977	85549	S/L	27.5000	6581
1033 6TH ST - LAND	1998-02-24	60326
1011 6TH ST - BLDG	1998-03-10	168856	79821	S/L	27.5000	6141
1011 6TH ST - LAND	1998-03-10	56285
1021 6TH ST - BLDG	1998-03-30	117934	55751	S/L	27.5000	4289
1031 6TH ST - LAND	1998-03-03	39311
1029 E. 6TH ST - BLDG	1998-04-21	58031	27431	S/L	27.5000	2111
1029 E. 6TH ST - LAND	1998-04-21	19344
910 6TH ST - LAND	1998-10-22	10000
920 E. 3RD ST - BLDG	1999-07-01	216280	63546	S/L	39.0000	5546
1038 7TH ST - BLDG	2000-07-01	122220	31340	S/L	39.0000	3134
1038 7TH ST - LAND	2000-07-01	38596
EAIM MKTG START UP	2000-07-01	169196	169196	S/L	5.0000
TOUR EQUIPMENT	1998-07-01	2975	2576	S/L	15.0000	49
TOUR EQUIPMENT	1999-07-01	107	107	S/L	7.0000
TOUR EQUIPMENT	1999-07-01	27	27	S/L	7.0000
TOUR EQUIPMENT	2000-07-01	3927	3927	S/L	7.0000
TOUR EQUIPMENT	2001-07-01	1629	1629	S/L	7.0000
TOUR EQUIPMENT	2002-07-01	3076	3076	S/L	7.0000
EQUIPMENT	2003-01-01	1225	1225	S/L	7.0000
TRADERS VILLAGE	2000-07-01	2126	2126	S/L	7.0000
TRADERS VILLIAGE	2002-07-01	8126	8126	S/L	7.0000
TRADERS VILLAGE	2002-07-01	902	902	S/L	7.0000
TRADERS VILLAGE	2003-04-01	100	100	S/L	7.0000
TRANSPORTATION	1998-07-01	2950	2950	S/L	7.0000
TRANSPORTATION	2000-07-01	4000	4000	S/L	7.0000
VAN	1995-07-01	2914	2914	S/L	5.0000
VERANDA BAR	2000-07-01	2854	2854	S/L	7.0000
VERANDA BAR	2001-07-01	24	24	S/L	7.0000
2008 IMPROVEMENT	2008-07-01	198085	12698	S/L	39.0000	5079
2009 CAPITAL IMPROVE	2009-07-01	614695	23642	S/L	39.0000	15762
TRIANGLE - BLDG	1994-12-29	225000	135002	S/L	27.5000	8181
TRIANGLE PARK-LAND	1994-12-29	218000
902 ALAMITOS - IMPROVE	2010-06-30	97428	1249	S/L	39.0000	2498
YAP GARDEN/LIGHT ATRIUM	2007-07-01	4000	3731	S/L	7.0000	143
EAIM LAND	2000-07-01	157634
EAIM PROJECT INVENTORY	2011-04-05	33219

Employee Compensation Expln EmployeeCompensationExpln

Employee Comp Explanation EmployeeCompExplanation

Field	Value	IRS element (for citing)
Employee Name	BRENNA BARRETT	EmployeeName

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAsset (57 entries)

NameName	Date AcquiredDateAcquired	How AcquiredHowAcquired	Date SoldDateSold	BasisBasis	Total NetTotalNet	Accumulated DepreciationAccumulatedDepreciation	Gross Sales PriceGrossSalesPrice
CAPITAL IMPROVEMENTS	2005-01	PURCHASE	2011-04	3059	-2574	485
EAIM EQUIPMENT	2005-01	PURCHASE	2011-04	36411		36411
OTHER EQUIPMENT	2005-01	PURCHASE	2011-04	12976		12976
AIRPORT LANDING	1997-07	PURCHASE	2011-04	8989	-746	8243
AIRPORT LANDING	1998-07	PURCHASE	2011-04	10058	-6825	3233
LANDING CONSTRUCTION	1999-07	PURCHASE	2011-04	899	-194	705
BAR/REST CONSTRUCT	1998-07	PURCHASE	2011-04	108431		108431
BAR/REST CONSTRUCT	1999-07	PURCHASE	2011-04	6493		6493
YAP CAPITAL IMPROVE	2003-01	PURCHASE	2011-04	2316	-1830	486
EAIM BUILDING	2000-07	PURCHASE	2011-04	2614692	-1199779	687185	727728
EAIM EQUIPMENT	2000-07	PURCHASE	2011-04	652933		652933
EAIM BLDG	2001-07	PURCHASE	2011-04	326124	-244594	81530
EAIM EQUIP	2001-07	PURCHASE	2011-04	35018		35018
EAIM BLDG	2002-07	PURCHASE	2011-04	92096	-71436	20660
EAIM EQUIP	2002-07	PURCHASE	2011-04	2428		2428
EQUIPMENT	2003-01	PURCHASE	2011-04	14400		14400
EQUIPMENT	2003-01	PURCHASE	2011-04	12469		12469
CONSTRUCTION IMPROVE	2003-01	PURCHASE	2011-04	10865	-5250	5615
GARDEN LIGHT/A TRIA	2000-07	PURCHASE	2011-04	971		971
GARDEN LIGHT/ A TRIA	2001-07	PURCHASE	2011-04	746		746
GARDEN LIGHT/ A TRIA	2002-07	PURCHASE	2011-04	61		61
KANTEEN EQUIPMENT	1998-07	PURCHASE	2011-04	6400		6400
KANTEEN EQUIPMENT	1999-07	PURCHASE	2011-04	749		749
KANTEEN EQUIPMENT	2002-07	PURCHASE	2011-04	28		28
KANTEEN IMPROVE	1998-07	PURCHASE	2011-04	116	-12	104
KANTEEN IMPROVEMENT	1999-07	PURCHASE	2011-04	695	-153	542
KANTEEN IMPROVEMENT	2000-07	PURCHASE	2011-04	972	-306	666
KANTEEN IMPROVE	2001-07	PURCHASE	2011-04	673	-235	438
KITCHEN EQUIPMENT	1999-07	PURCHASE	2011-04	3286		3286
KITCHEN EQUIPMENT	2000-07	PURCHASE	2011-04	1017		1017
KITCHEN EQUIPMENT	2001-07	PURCHASE	2011-04	3727		3727
KITCHEN EQUIPMENT	2002-07	PURCHASE	2011-04	2688		2688
KITCHEN EQUIP	2003-01	PURCHASE	2011-04	315		315
LANDING EQUIPMENT	1998-07	PURCHASE	2011-04	10324	-1202	9122
LANDING EQUIPMENT	1999-07	PURCHASE	2011-04	812		812
MAA CONSTRUCTION	1999-07	PURCHASE	2011-04	123	-28	95
MAA CONSTRUCTION	2000-07	PURCHASE	2011-04	4238	-1339	2899
EAIM EQUIPMENT	2006-12	PURCHASE	2011-04	36410		36410
EAIM MKTG START UP	2000-07	PURCHASE	2011-04	169196		169196
TOUR EQUIPMENT	1998-07	PURCHASE	2011-04	2975	-350	2625
TOUR EQUIPMENT	1999-07	PURCHASE	2011-04	107		107
TOUR EQUIPMENT	1999-07	PURCHASE	2011-04	27		27
TOUR EQUIPMENT	2000-07	PURCHASE	2011-04	3927		3927
TOUR EQUIPMENT	2001-07	PURCHASE	2011-04	1629		1629
TOUR EQUIPMENT	2002-07	PURCHASE	2011-04	3076		3076
EQUIPMENT	2003-01	PURCHASE	2011-04	1225		1225
TRADERS VILLAGE	2000-07	PURCHASE	2011-04	2126		2126
TRADERS VILLIAGE	2002-07	PURCHASE	2011-04	8126		8126
TRADERS VILLAGE	2002-07	PURCHASE	2011-04	902		902
TRADERS VILLAGE	2003-04	PURCHASE	2011-04	100		100
TRANSPORTATION	1998-07	PURCHASE	2011-04	2950		2950
TRANSPORTATION	2000-07	PURCHASE	2011-04	4000		4000
VERANDA BAR	2000-07	PURCHASE	2011-04	2854		2854
VERANDA BAR	2001-07	PURCHASE	2011-04	24		24
EAIM PROJECT INVENTORY	2011-04	PURCHASE	2011-04	33219	-33219
YAP GARDEN/LIGHT ATRIUM	2007-07	PURCHASE	2011-04	4000	-126	3874
EAIM LAND	2000-07	PURCHASE	2011-04	157634	-157634

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

Field	Value	IRS element (for citing)
Name Of Bond	CORPORATE BONDS	NameOfBond
EOY Book Value	983990	EOYBookValue
EOYFMV	1037342	EOYFMV

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
EOY Book Value	376005	EOYBookValue
EOYFMV	353195	EOYFMV

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Securities EOY Book Value	1965809	USGovtSecuritiesEOYBookValue
US Govt Securities EOYFMV	1968828	USGovtSecuritiesEOYFMV

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLand

Field	Value	IRS element (for citing)
Cost Or Other Basis	10074987	CostOrOtherBasis
Accumulated Depreciation	1067567	AccumulatedDepreciation
Book Value	9007420	BookValue
EOYFMV	10190000	EOYFMV

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc

Field	Value	IRS element (for citing)
Cost Or Other Basis	1992990	CostOrOtherBasis
Accumulated Depreciation	1502833	AccumulatedDepreciation
Book Value	490157	BookValue
EOYFMV	5862363	EOYFMV

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Field	Value	IRS element (for citing)
Category	INDIRECT LEGAL FEES	Category
Amount	$15,080	Amount

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	ARTWORK	Description
BOY Book Value	1493126	BOYBookValue
EOY Book Value	1493126	EOYBookValue
EOYFMV	1493126	EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (26 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Adjusted Net IncomeAdjustedNetIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
278 ALAMITOS - ARTIST LOFTS
RENTAL EXPENSES	64835	64835	64835
900-918 E 4TH ST
RENTAL EXPENSES	12488	12488	12488
500 ALAMITOS-TALBERT
RENTAL EXPENSES	79930	79930	79930
1066 E 7TH STREET
RENTAL EXPENSES	46816	46816	46816
1052 E 7TH STREET
RENTAL EXPENSES	16874	16874	16874
1046 E 7TH STREET
RENTAL EXPENSES	18191	18191	18191
300 ALAMITOS PARKING LOT
RENTAL EXPENSES	15586	15586	15586
EXPENSES
PAYROLL PROCESSING	23		23
CONTRACTED LABOR	37878		21464	16414
WORKERS COMPENSATION	1033		1033
BUSINESS LICENSE FEES	314		210	104
BANK CHARGES	1918	1918	1283	634
TELEPHONE	2347		933	1414
OFFICE SUPPLIES	1447		815	632
MISCELLANEOUS	722		459	263
EXHIBIT COSTS	1988		727	1261
PROGRAM EXPENSES	216024		79004	137019
ADVERTISING	7002		4265	2738

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	OIL RIGHTS	Description
Revenue And Expenses Per Books	13693	RevenueAndExpensesPerBooks
Net Investment Income	13693	NetInvestmentIncome
Adjusted Net Income	13693	AdjustedNetIncome

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	BOY Book ValueBOYBookValue	EOY Book ValueEOYBookValue
SALES TAX DEPOSIT	568	279
TENANT DEPOSITS	63210	69496
LOAN - ROBERT GUMBINER	320653

Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch

Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLong

Borrowers Name BorrowersName

Field	Value	IRS element (for citing)
Individual	MOLAA CONSTRUCTION LOAN	Individual

Field	Value	IRS element (for citing)
Relationship To Insider	NONE	RelationshipToInsider
Original Amount Of Loan	1325129	OriginalAmountOfLoan
Balance Due	121875	BalanceDue
Repayment Terms	ON DEMAND	RepaymentTerms
Interest Rate	0.0000	InterestRate
Consideration Fmv	121875	ConsiderationFmv

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees (7 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Adjusted Net IncomeAdjustedNetIncome
OUTSIDE CONTRACTORS	$6,085	6085	6085
278 ALAMITOS - ARTIST LOFTS	$16,134	16134	16134
500 ALAMITOS-TALBERT	$6,750	6750	6750
1066 E 7TH STREET	$6,228	6228	6228
1052 E 7TH STREET	$1,562	1562	1562
1046 E 7TH STREET	$2,959	2959	2959
300 ALAMITOS PARKING LOT	$1,863	1863	1863

Sales Of Inventory List SalesOfInventoryList

Sale Of Inventory SaleOfInventory (2 entries)

CategoryCategory	Gross SalesGrossSales	Cost Of Goods SoldCostOfGoodsSold	NetNet
EAIM	182053	40847	141206
PIEAM	24341	884	23457

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Adjusted Net IncomeAdjustedNetIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
PAYROLL TAXES	$17,381	5500	11791	5589
FEDERAL EXCISE TAX	$3,510