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Nonprofit · EIN 04-3657544

BRUCE LEE FOUNDATION INC

Tax-exempt · LOS ANGELES, CA 90034

Financials

$149K$167K2023$209K$198K2024
Revenue Expenses · by fiscal year end
Financials of BRUCE LEE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$208,633$197,590$11,043$236,277$5,030$231,247
December 31, 2023990$149,396$166,939-$17,543$215,173$1,323$213,850
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$210,169
Program service revenue
$0
Investment income
$0
Royalties
$2,345
Net income from fundraising events
-$8,118
Other revenue
-$1,536

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$92,476
Salaries, compensation and benefits (total)
$106,526
Professional fundraising fees
$0
Accounting fees
$2,388
Travel
$4,057
Program services (functional)
$123,712
Management and general (functional)
$36,592
Fundraising (functional)
$37,286

Balance sheet and other

Total assets, start of year
$215,173
Total assets, end of year
$236,277
Total liabilities, end of year
$5,030
Net assets, end of year
$231,247
Gross receipts
$222,051
Employees
1
Volunteers
3
Year formed
2002
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
NATALIE DERINGEXECUTIVE DIRECTOR
Officer
40$67,428$10,018
SHANNON LEEPRESIDENT/BOARD CHAIR
Trustee or director, Officer
5$0$0
DENNIS CHANGTREASURER
Trustee or director, Officer
5$0$0
SYDNIE WILSONSECRETARY
Trustee or director, Officer
5$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationOther / benefits
NATALIE DERINGEXECUTIVE DIRECTOR
Officer
40$95,764$4,484
SHANNON LEEPRESIDENT/BOARD CHAIR
Trustee or director, Officer
5$0$0
DENNIS CHANGTREASURER
Trustee or director, Officer
5$0$0
SYDNIE WILSONSECRETARY
Trustee or director, Officer
5$0$0

Address and contacts

Address (IRS master file)
9854 NATIONAL BLVD STE 181, LOS ANGELES, CA 90034-2713
In care of
% SHANNON LEE
Principal officer (990 for 2024)
SHANNON LEE, 11693 SAN VICENTE BLVD 918, LOS ANGELES, CA 90049
Signed the 990
SHANNON LEE, PRESIDENT
Phone
(310) 287-2100
Return prepared by
ARMANINO ADVISORY LLC

Mission

THE FOUNDATION SEEKS TO PRESERVE, PERPETUATE, AND DISSEMINATE BRUCE LEE'S LIFE EXAMPLE, PHILOSOPHIES AND ART OF JUN FAN JEET KUNE DO THROUGH INSPIRATIONAL EVENTS, EDUCATIONAL PROGRAMS, MARTIAL ARTS INSTRUCTION, AND THE BRUCE LEE MUSEUM.

990 for the year ended December 31, 2024

Program accomplishments

  • THE BRUCE LEE FOUNDATION HAS CREATED ONLINE AND PHYSICAL EXHIBITS TO EDUCATE PEOPLE ABOUT BRUCE LEE AND HIS UNIFYING AND HEALING TEACHINGS, SUPPORT OTHER ALIGNED ORGANIZATIONS IN THE SOCIAL IMPACT SPACE, PROVIDED MARTIAL ARTS INSTRUCTION FOR UNDERPRIVILEGED YOUTH, AND CREATED AND RUN OUR CAMP BRUCE LEE SUMMER PROGRAM FOR KIDS TO ENCOUNTER BRUCE LEE'S TEACHINGS AND PRACTICES.
    Expenses $123,712

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-3657544
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$236,277
Income (IRS master file)
$222,051

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$149,396$166,939$215,173IRS
990December 2022$250,336$181,044$232,965IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about BRUCE LEE FOUNDATION INC

What is the EIN of BRUCE LEE FOUNDATION INC?
The employer identification number (EIN) of BRUCE LEE FOUNDATION INC is 04-3657544.
Is BRUCE LEE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to BRUCE LEE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BRUCE LEE FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BRUCE LEE FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BRUCE LEE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BRUCE LEE FOUNDATION INC?
The 990 for the year ended December 31, 2024 names SHANNON LEE.
Who are the officers and directors of BRUCE LEE FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $67,428 (NATALIE DERING, EXECUTIVE DIRECTOR).
How much revenue does BRUCE LEE FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $208,633, expenses of $197,590 and total assets of $236,277 at year end.

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