Nonprofit · EIN 95-4739699
PETERSEN AUTOMOTIVE MUSEUM FOUNDATION
Tax-exempt · LOS ANGELES, CA 90036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $31,661,696 | $29,820,222 | $1,841,474 | $239,490,534 | $53,260,370 | $186,230,164 |
| December 31, 2024 | 990 | $27,986,788 | $28,073,986 | -$87,198 | $228,276,277 | $53,783,217 | $174,493,060 |
| December 31, 2023 | 990 | $25,097,609 | $25,688,572 | -$590,963 | $220,712,649 | $54,233,132 | $166,479,517 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $14,809,232
- Membership dues
- $1,563,288
- Program service revenue
- $9,609,170
- Investment income
- $2,194,149
- Net rental income
- $1,989,010
- Net gain from sales of assets
- $55,798
- Net income from fundraising events
- -$1,416,994
- Net income from sales of inventory
- $1,498,626
- Other revenue
- $5,049,145
Expenses
- Grants and similar amounts paid
- $107,325
- Compensation of officers, directors and key employees
- $1,728,988
- Other salaries and wages
- $10,855,013
- Salaries, compensation and benefits (total)
- $14,805,181
- Professional fundraising fees
- $0
- Legal fees
- $116,003
- Accounting fees
- $88,162
- Occupancy
- $1,995,694
- Travel
- $287,499
- Depreciation
- $4,937,771
- Program services (functional)
- $25,128,478
- Management and general (functional)
- $3,273,319
- Fundraising (functional)
- $1,418,425
Balance sheet and other
- Total assets, start of year
- $228,276,277
- Total assets, end of year
- $239,490,534
- Total liabilities, end of year
- $53,260,370
- Net assets, end of year
- $186,230,164
- Land, buildings and equipment
- $114,624,436
- Publicly traded securities
- $68,273,521
- Net assets without donor restrictions
- $163,615,139
- Net assets with donor restrictions
- $22,615,025
- Gross unrelated business income
- $941,314
- Gross receipts
- $46,940,693
- Employees
- 249
- Volunteers
- 184
- Year formed
- 1999
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TERRY KARGES | EXECUTIVE DIRECTOR Officer | 40 | $582,338 | $49,907 |
| MICHAEL BODELL | CHIEF OPERATING OFFICER Officer | 40 | $434,095 | $32,653 |
| TOM TORII | CHIEF FINANCIAL OFFICER Officer | 40 | $285,232 | $54,583 |
| ANNA SONG | CHIEF OF STAFF/INTERIM DIR. ENGAGEMENT Key employee | 40 | $239,313 | $50,867 |
| BRYAN STEVENS | EXHIBITS DIRECTOR Highest-paid employee | 40 | $248,022 | $23,449 |
| TERESA SEQUEIRA | FINANCE DIRECTOR Highest-paid employee | 40 | $195,792 | $19,274 |
| ALPEREN GUMAN | CHIEF TECHNOLOGY OFFICER Highest-paid employee | 40 | $193,653 | $5,166 |
| JASMINE GONZALEZ | EVENT DIRECTOR Highest-paid employee | 40 | $169,870 | $16,391 |
| YVONNE MAISONETTE | HUMAN RESOURCES DIRECTOR Highest-paid employee | 40 | $162,147 | $22,854 |
| RICHARD VARNER | CHAIRMAN/DIRECTOR Trustee or director, Officer | 3 | $0 | $0 |
| BRUCE MEYER | VICE-CHAIR/DIRECTOR Trustee or director, Officer | 3 | $0 | $0 |
| DAVID SYDORICK | VICE-CHAIR/DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM H AHMANSON | TREASURER/DIRECTOR Trustee or director, Officer | 3 | $0 | $0 |
| RICHARD ROEDER | SECRETARY/DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| CHIP CONNOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VIN DI BONA | DIRECTOR Trustee or director | 1 | $0 |
| JUAN GONZALEZ | DIRECTOR Trustee or director | 1 | $0 |
| MCKEEL HAGERTY | DIRECTOR Trustee or director | 1 | $0 |
| DR SABRINA KAY | DIRECTOR Trustee or director | 1 | $0 |
| MARK MITCHELL | DIRECTOR Trustee or director | 1 | $0 |
| MERLE MULLIN | DIRECTOR Trustee or director | 1 | $0 |
| CHARLES NEARBURG | DIRECTOR Trustee or director | 1 | $0 |
| GREG PENSKE | DIRECTOR Trustee or director | 1 | $0 |
| BOBBY RAHAL | DIRECTOR Trustee or director | 1 | $0 |
| PHILLIP SAROFIM | DIRECTOR Trustee or director | 1 | $0 |
| FRANZ VON HOLZHAUSEN | DIRECTOR Trustee or director | 1 | $0 |
| WOLFGANG PORSCHE | DIRECTOR Trustee or director | 1 | $0 |
| DUKE OF RICHMOND | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TERRY KARGES | EXECUTIVE DIRECTOR Officer | 40 | $537,070 | $38,881 |
| MICHAEL BODELL | CHIEF OPERATING OFFICER Officer | 40 | $395,087 | $22,567 |
| TOM TORII | CHIEF FINANCIAL OFFICER Officer | 40 | $215,973 | $34,377 |
| BRYAN STEVENS | EXHIBITS DIRECTOR Highest-paid employee | 40 | $174,116 | $14,743 |
| LUNA BONDESAN | MARKETING DIRECTOR Highest-paid employee | 40 | $174,075 | $6,194 |
| ANNA SONG | CHIEF OF STAFF/INTERIM DIRECTOR ENGAGEMENT Highest-paid employee | 40 | $140,314 | $36,497 |
| TERESA SEQUEIRA | FINANCE DIRECTOR Highest-paid employee | 40 | $143,629 | $7,718 |
| ALPEREN GUMAN | CHIEF TECHNOLOGY OFFICER Highest-paid employee | 40 | $137,779 | $4,643 |
| RICHARD VARNER | CHAIRMAN/DIRECTOR Trustee or director, Officer | 8 | $0 | $0 |
| BRUCE MEYER | VICE-CHAIR/DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| DAVID SYDORICK | VICE-CHAIR/DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| WILLIAM H AHMANSON | TREASURER/DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| RICHARD ROEDER | SECRETARY/DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| CHIP CONNOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VIN DI BONA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUAN GONZALEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MCKEEL HAGERTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR SABRINA KAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MERLE MULLIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK MITCHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES NEARBURG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG PENSKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BOBBY RAHAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILLIP SAROFIM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANZ VON HOLZHAUSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WOLFGANG PORSCHE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DUKE OF RICHMOND | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TERRY KARGES | EXECUTIVE DIRECTOR Officer | 40 | $489,515 | $19,532 |
| MICHAEL BODELL | CHIEF OPERATING OFFICER Officer | 40 | $304,117 | $13,150 |
| BRYAN STEVENS | EXHIBITS DIRECTOR Highest-paid employee | 40 | $149,709 | $9,114 |
| JOHN YANEZ | CONTROLLER Highest-paid employee | 40 | $129,058 | $11,819 |
| LESLIE KENDALL | CHIEF HISTORIAN Highest-paid employee | 40 | $120,048 | $9,429 |
| LUNA BONDESAN | MARKETING DIRECTOR Highest-paid employee | 40 | $121,706 | $2,421 |
| ANNA SONG | ENGAGEMENT & EX. OFFICE DIRECTOR Highest-paid employee | 40 | $103,711 | $19,958 |
| SANDRA LANDICHO | CHIEF FINANCIAL OFFICER (END 6/1/23) Officer | 40 | $119,317 | $3,339 |
| TOM TORII | CHIEF FINANCIAL OFFICER (AS OF 10/2023) Officer | 40 | $39,618 | $690 |
| RICHARD VARNER | CHAIRMAN/DIRECTOR Trustee or director, Officer | 8 | $0 | $0 |
| DAVID SYDORICK | VICE-CHAIR/DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| PETER MULLIN | VICE-CHAIR/DIRECTOR (END 9/23) Trustee or director, Officer | 4 | $0 | $0 |
| BRUCE MEYER | VICE-CHAIR/DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| WILLIAM H AHMANSON | TREASURER/DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| RICHARD ROEDER | SECRETARY/DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| PHILLIP SAROFIM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VIN DI BONA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUAN GONZALEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MCKEEL HAGERTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES NEARBURG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR SABRINA KAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MERLE MULLIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK MITCHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHIP CONNOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG PENSKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANZ VON HOLZHAUSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WOLFGANG PORSCHE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DUKE OF RICHMOND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BOBBY RAHAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6060 WILSHIRE BLVD, LOS ANGELES, CA 90036-3605
- In care of
- % TOM TORRI CFO
- Principal officer (990 for 2025)
- TERRY KARGES, 6060 WILSHIRE BOULEVARD, LOS ANGELES, CA 90036
- Signed the 990
- TERRY KARGES, EXECUTIVE DIRECTOR
- Phone
- (323) 930-2277
- Website
- WWW.PETERSEN.ORG
- Return prepared by
- GREEN HASSON & JANKS LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4739699 or by the name PETERSEN AUTOMOTIVE MUSEUM FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO EXPLORE AND PRESENT THE HISTORY OF THE AUTOMOBILE AND ITS IMPACT ON GLOBAL LIFE AND CULTURE.
Program accomplishments
- EXHIBITS PROGRAMS PRESENT THE MUSEUM AND ITS COLLECTION TO THE GENERAL PUBLIC. THIS INCLUDES THE DEVELOPMENT, PRODUCTION, AND IMPLEMENTATION OF PERMANENT AND ROTATING EXHIBITS, AS WELL AS THE DISSEMINATION OF MUSEUM CONTENT THROUGH ONLINE CHANNELS.Expenses $13,345,027 · revenue $5,403,258
- COLLECTIONS AND CURATORIAL PROGRAMS PROVIDE FOR THE ACQUISITION AND PRESERVATION OF COLLECTION OBJECTS THAT ADVANCE THE MISSION OF THE MUSEUM. THESE PROGRAMS INCLUDE THE MAINTENANCE AND RESTORATION OF COLLECTION VEHICLES AND OTHER OBJECTS. THE MUSEUM ALSO ACQUIRES, PRESERVES, AND ARCHIVES TWO DIMENSIONAL OBJECTIONS (PRINTED MATTER, PHOTOGRAPHS, DIAGRAMS, ETC.), BOOKS AND FILMS RELATED TO THE AUTOMOTIVE WORLD. CURATORIAL STAFF CONDUCT RESEARCH AND PRODUCE WRITTEN CONTENT THAT INTERPRET THESE OBJECTS FOR THE PUBLIC AS WELL AS FOR SCHOLARS.Expenses $8,102,278 · revenue $5,541,752
- EDUCATIONAL PROGRAMS INCLUDE MUSEUM ENDEAVORS TO EXPOSE AND TEACH CHILDREN AND ADULTS ABOUT THE AUTOMOBILE AND ITS IMPACT ON THE WORLD AND CULTURE. SIGNIFICANT PROGRAMS INCLUDE TOURS FOR SCHOOL CHILDREN IN SUPPORT OF THEIR CURRICULA, HANDS-ON TRAINING ON AUTOMOTIVE REPAIR AND CUSTOMIZATION FOR TEENS, DISPLAYING VEHICLES IN PUBLIC AUTOMOTIVE SHOWS, AS WELL AS PROVIDING SPEAKERS, FILMS, AND OTHER EXPERIENCES FOR ADULTS AND CHILDREN.Expenses $3,681,173 · grants $107,325 · revenue $162,786
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 95-4739699
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A500)
- Assets (IRS master file)
- $239,490,534
- Income (IRS master file)
- $46,940,693
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $31,661,696 | $29,820,222 | $239,490,534 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | $27,986,788 | $28,073,986 | $228,276,277 | XML |
| 990 | December 2023 | $25,097,609 | $25,688,572 | $220,712,649 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $27,055,446 | $23,999,947 | $215,784,582 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 95-4739699).
Questions about PETERSEN AUTOMOTIVE MUSEUM FOUNDATION
- What is the EIN of PETERSEN AUTOMOTIVE MUSEUM FOUNDATION?
- The employer identification number (EIN) of PETERSEN AUTOMOTIVE MUSEUM FOUNDATION is 95-4739699.
- Is PETERSEN AUTOMOTIVE MUSEUM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to PETERSEN AUTOMOTIVE MUSEUM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PETERSEN AUTOMOTIVE MUSEUM FOUNDATION 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 PETERSEN AUTOMOTIVE MUSEUM FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PETERSEN AUTOMOTIVE MUSEUM FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PETERSEN AUTOMOTIVE MUSEUM FOUNDATION?
- The 990 for the year ended December 31, 2025 names TERRY KARGES.
- Who are the officers and directors of PETERSEN AUTOMOTIVE MUSEUM FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 28 people; 9 received compensation from the organization, the highest $582,338 (TERRY KARGES, EXECUTIVE DIRECTOR).
- How much revenue does PETERSEN AUTOMOTIVE MUSEUM FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $31,661,696, expenses of $29,820,222 and total assets of $239,490,534 at year end.
Other nonprofits in LOS ANGELES
- CRYSTAL STAIRS INC EIN 95-3510046 · last filed 990 for 2025
- LOS ANGELES PHILHARMONIC ASSOCIATION EIN 95-1696734 · last filed 990 for 2025
- MUSEUM ASSOCIATES EIN 95-2264067 · last filed 990 for 2025
- LUCAS MUSEUM OF NARRATIVE ART EIN 45-5600818 · last filed 990-PF for 2024
- LOS ANGELES COUNTY MUSEUM OF NATURAL HISTORY FOUNDATION EIN 95-6132185 · last filed 990 for 2025
- PERFORMING ARTS CENTER OF LOS ANGELES COUNTY EIN 95-2217011 · last filed 990 for 2025
- THE COLBURN SCHOOL EIN 95-2501387 · last filed 990 for 2025
- LOS ANGELES OPERA COMPANY EIN 95-2096402 · last filed 990 for 2025
All nonprofits in LOS ANGELES · California · Arts, culture and humanities