2024-11-15T17:08:06-06:00 2023-12-31 953001179 WINDES INC 2050 MAIN ST STE 1300 IRVINE CA 92614 990 2023-01-01 843574395 LIONS AUTOMOBILIA FOUNDATION LION 3102233473 2790 E DEL AMO BOULEVARD RANCHO DOMINGUEZ CA 90221 TAMI LORENZEN-FANSELOW CHAIRMAN 3102233473 2024-11-15 1 1 ELEANOR A LIVINGSTON CPA MST P00226461 9498529433 2024-11-08 2023 2024-10-15 13:58:12Z TAMI LORENZEN-FANSELOW 2790 E DEL AMO BOULEVARD RANCHO DOMINGUEZ CA 90221 2321018 0 X LIONSAUTOMOBILIA.ORG X 2019 CA TO HONOR AND PRESERVE THE LEGACY OF MOTORSPORTS & CAR CULTURE IN SOUTHERN CALIFORNIA FOR FUTURE GENERATIONS. 7 7 2 12 0 0 3146528 2189997 88838 75311 5000 0 41914 -27344 3282280 2237964 0 0 0 0 784664 728841 0 0 40794 1614794 929397 2399458 1658238 882822 579726 12772264 12826312 182791 107705 12589473 12718607 TO HONOR AND PRESERVE THE LEGACY OF MOTORSPORTS & CAR CULTURE IN SOUTHERN CALIFORNIA FOR FUTURE GENERATIONS. 0 0 1100758 31930 RECEIVED AND STORED DONATION OF CLASSIC CARS AND RACE VEHICLES REPRESENTING THE SOUTHERN CALIFORNIA CAR CULTURE. LIONS TEAM RESTORES DONATED COLLECTIBLES AND AUTOMOTIVE PARTS. 194252 58491 LIONS AUTOMOBILIA FOUNDATION MUSEUM ADMISSIONS - OPENED THE MUSEUM TO THE PUBLIC ON AUGUST 21, 2022 FOR SATURDAY OPENINGS. LIONS YOUTH ENGAGEMENT PROGRAM - OUR YOUTH ENGAGEMENT PROGRAM COMMITTEE WAS ESTABLISHED IN MAY, 2021 DEVELOPING CURRICULUM FOR YOUTH AND CAREER PATH PROGRAMS WITH LITTLE PROGRESS DUE TO RESTRAINT OF COVID REGULATIONS. A NEW COMMITTEE WAS ESTABLISHED IN 2022 WITH MEMBERS WITH EDUCATIONAL BACKGROUNDS INCLUDING A POTENTIAL PARTNERSHIP WITH THE SOCIETY OF AUTOMOTIVE ENGINEERS. 1295010 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 22 0 1 2 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 7 7 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 1 1 0 CA X LANA CHRISMAN 3102233473 2790 E DEL AMO BLVD RANCHO DOMINGUEZ CA 90221 RICK LORENZEN CHAIR 5.00 X X 0 0 0 TAMI LORENZEN-FANSELOW VICE CHAIR/TREASURER 2.00 X X 0 0 0 ROBERT MARCHESE SECRETARY/DIRECTOR OF OPERATIONS 40.00 X X 94286 0 0 TOM ELLIOTT BOARD MEMBER 0.50 X 0 0 0 CARL OLSON BOARD MEMBER 0.50 X 0 0 0 MARC PLATT BOARD MEMBER 0.50 X 0 0 0 DAVE MAREK BOARD MEMBER 0.50 X 0 0 0 LANA CHRISMAN EXECUTIVE DIRECTOR 40.00 X 105163 0 0 199449 0 0 1 0 0 0 JOHN WOOD 1505 CRESTA ROAD CORONA CA 92879 CONSTRUCTION OF EXHIBITS 121608 1 2710 16678 1779085 391524 376709 2189997 ADMISSION 900099 43381 43381 SERVICE SALES 459900 31930 31930 75311 2750 0 2750 2750 2750 17550 16678 62754 -45204 -45204 35410 20300 15110 15110 2237964 90421 0 -42454 X 199449 139614 59835 156468 109528 46940 55003 38502 16501 166883 116818 50065 151038 105727 45311 5502 3851 1651 40 28 12 208415 200425 7990 81588 40794 40794 103414 94641 8773 5079 3555 1524 158563 107701 50862 18993 6205 12788 177131 177131 35321 32260 3061 REPAIRS AND MAINTENANCE 44972 31480 13492 OTHER EXPENSES 34431 33737 694 MAITENANCE & JANITORIAL 33673 33673 SHOP EXPENSE 12490 12490 9785 6850 2935 1658238 1295010 322434 40794 47905 79352 0 9 12072 9950 1980705 533005 871959 1447700 0 87397 11840328 11201904 12772264 12826312 20722 107705 162069 0 182791 107705 X 12589473 12718607 12589473 12718607 12772264 12826312 579726 -450592 0 X 0 1 X 1 0 X 11020 3396212 2088431 3146528 2189997 10832188 11020 3396212 2088431 3146528 2189997 10832188 8164214 2667974 2750 2750 504 33026 33530 10868468 318440 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SHIPPING DELIVERY - 2021 AMOUNT: $ 135. 2022 AMOUNT: $ 856. MISCELLANEOUS REVENUE - 2021 AMOUNT: $ 369. 2022 AMOUNT: $ 2. EVENTS - 2022 AMOUNT: $ 32,168. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 105126 68804 36322 1875579 464201 1411378 1447700 FOUNDATION VEHICLES 11201904 11201904 X 2917567 630777 630777 2286790 -48826 -48826 2237964 2337841 630777 48826 679603 1658238 0 1658238 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAWS. THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS FILING STATUS OF TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE FOUNDATION HAD NO MATERIAL, NET UNRELATED BUSINESS INCOME, REQUIRING RECOGNITION FOR THE YEAR ENDED DECEMBER 31, 2023. THE FOUNDATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES MOVED FROM SOFE TO REVENUE -28,526. COST OF GOOD SOLD MOVED FROM SOFE TO REVENUE -20,300. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES MOVED FROM SOFE TO REVENUE 28,526. COST OF GOOD SOLD MOVED FROM SOFE TO REVENUE 20,300. LIONS HALL OF FAME EVENT 34228 16678 17550 24519 38235 34228 16678 17550 24519 38235 62754 -45204 X 4 354500 APPRAISAL X MEMORABILIA 9 16419 APPRAISAL X AUCTION ITEMS 15 4590 FMV X AUTO PARTS 1 1200 COMPARABLE SALES 0 0 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 RICK LORENZEN & TAMI LORENZEN-FANSELOW HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY REVIEWED THE TAX RETURN PRIOR TO HAVING THE VICE CHAIR/TREASURER SIGN THE RETURN AND FILING. FORM 990, PART VI, SECTION B, LINE 15 IT WAS DETERMINED BY THE GOVERNING BODY THAT ALL OFFICERS AND DIRECTORS WILL BE VOLUNTEERS AND WILL RECEIVE NO COMPENSATION. THE GOVERNING BODY DETERMINED THE COMPENSATION OF EMPLOYEES BASED UPON REASONABLE SALARIES AND RATES FOR THE REQUIRED SERVICES TO THE MUSEUM AND MAINTENANCE OF THE ASSETS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 200,425. MANAGEMENT AND GENERAL EXPENSES 7,990. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 208,415.