Civic Intelligence

The Bunny Museum

990 • Fiscal year 2020 • EIN 47-1555043

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 25, 2021

2605 Lake AvenueAltadena, CA 91001

(626) 798-8848

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.30x

Higher debt load relative to assets than 63% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

3.97x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

74th percentile

19%

Higher net margin than 74% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

89th percentile

52%

Faster asset growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

96%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$5,963,839

Up $2,041,287 (+52%) from 2019

Net Assets

Up

$4,177,510

Up $1,915,417 (+85%) from 2019

Liabilities

Up

$1,786,329

Up $125,870 (+7.6%) from 2019

Revenue

Up

$450,042

Up $220,359 (+96%) from 2019

Expenses

Up

$364,470

Up $158,585 (+77%) from 2019

Net Income

Up

$85,572

Up $61,774 (+260%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $1,501,574Liabilities 2014: $0Net Assets 2014: $1,501,5742014Assets 2017: $3,919,812Liabilities 2017: $1,622,536Net Assets 2017: $2,297,2762017Assets 2018: $3,919,966Liabilities 2018: $1,507,483Net Assets 2018: $2,412,4832018Assets 2019: $3,922,552Liabilities 2019: $1,660,459Net Assets 2019: $2,262,0932019Assets 2020: $5,963,839Liabilities 2020: $1,786,329Net Assets 2020: $4,177,5102020Assets 2021: $6,184,943Liabilities 2021: $1,796,366Net Assets 2021: $4,388,5772021Assets 2022: $4,625,163Liabilities 2022: $1,584,759Net Assets 2022: $3,040,4042022Assets 2023: $4,854,500Liabilities 2023: $1,417,739Net Assets 2023: $3,436,7612023Assets 2024: $5,302,278Liabilities 2024: $1,500,817Net Assets 2024: $3,801,4612024

Highlighted filing

2020

Assets$5,963,839
Liabilities$1,786,329
Net Assets$4,177,510

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $4,356Expenses 2014: $2,782Net Income 2014: $1,5742014Revenue 2017: $122,146Expenses 2017: $152,536Net Income 2017: -$30,3902017Revenue 2018: $169,183Expenses 2018: $159,219Net Income 2018: $9,9642018Revenue 2019: $229,683Expenses 2019: $205,885Net Income 2019: $23,7982019Revenue 2020: $450,042Expenses 2020: $364,470Net Income 2020: $85,5722020Revenue 2021: $475,299Expenses 2021: $413,954Net Income 2021: $61,3452021Revenue 2022: $251,304Expenses 2022: $234,776Net Income 2022: $16,5282022Revenue 2023: $258,215Expenses 2023: $107,199Net Income 2023: $151,0162023Revenue 2024: $223,633Expenses 2024: $95,841Net Income 2024: $127,7922024

Highlighted filing

2020

Revenue$450,042
Expenses$364,470
Net Income$85,572
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 25, 2021
Return Version
2020v4.0
Gross Receipts
$450,042
Mission and Program Overview

Mission

The purpose is to be a museum to collect, preserve, research, interpret, and exhibit bunny objects of value for enjoying, understanding, and educating the public about bunnies historically in cultures and in nature.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$3,365,810$3,506,829▲ $141,019
Land, Buildings, and Equipment, Net$2,217,200$2,421,000▲ $203,800
Cash and Non-Interest-Bearing Accounts$0$36,010▲ $36,010
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$5,583,010$5,963,839▲ $380,829
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,454,573$1,421,859▼ $32,714
Accounts Payable and Accrued Expenses$205,885$364,470▲ $158,585
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,660,458$1,786,329▲ $125,871
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,922,552$4,177,510▲ $254,958
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$3,922,552$4,177,510▲ $254,958
Total Liabilities and Net Assets / Fund Balance$5,583,010$5,963,839▲ $380,829

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,000,000$0$0
Other Land Buildings$0$0$0
Land$400,000-$0
Equipment$21,000$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Candace FrazeePresident
Steve LubanskiVice President
Richard SalcedoVolunteer Committee Head
Revenue and Support

Revenue Composition

Contributions and Grants
$402,042
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$48,000
All Other Contributions
$401,977
Change in Net Assets
$85,572

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Collectibles646$5,900price tags
Books and Publications-$100price tags
Total Noncash Contributions646$6,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$364,470
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$0$311,995$0$311,995
Fees for Services Management$0$26,504$0$26,504
Insurance$0$11,455$0$11,455
Office Expenses$0$4,350$0$4,350
Other Expenses$0$3,989$0$3,989
Travel$0$2,171$0$2,171
Information Technology$0$1,076$0$1,076
Conferences and Meetings$0$549$0$549
Advertising$0$329$0$329
Total Functional Expenses$0$364,470$0$364,470
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Candace Frazee and Steve Lubanski are a married couple.

Form 990, Part VI, Section A, Line 6

Annual membership for 2 includes daily museum entrance, access to Library, access to Peter Rabbit Bedroom, and entrance to all night parties. $65/year

Form 990, Part VI, Section B, Line 11B

The organization provided a complete copy of Form 990 to all members of its governing body in person and by mail before filing.

Form 990, Part VI, Section B, Line 12C

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by checking monthly financial statements.

Form 990, Part VI, Section B, Line 15

Volunteers are monitored by Board.

Form 990, Part VI, Section C, Line 18

The organization make its governing documents, conflict of interest policy, and financial statements available to the public during the tax year by appointment.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public during the tax year by appointment.

Filing and Contact Details

Filer

Filer Name
The Bunny Museum
EIN
47-1555043
Phone
6267988848
Address
2605 Lake Avenue, Altadena, CA 91001

Signing Officer

Name
Candace Frazee
Title
President
Phone
6267988848
Signed
2021-02-25

Organization Details

Principal Officer
Candace Frazee
Formed
2014
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
5
Supplemental Narrative

Financial Statement Notes

Schedule D, Part III, Line 4

The Bunny Museum collections encompass 104 categories from salt & pepper shakers to bunnies holding carrots. In each category there are figurines, games, jewelry, household items, and original art pieces. Each category demonstrates the prevalence and use of bunnies as a part of our everyday lives, around the world, from literature to film to advertising to slang. Bunnies have world history hoppin' from antiquity to contemporary art.

Schedule D, Part VI, Line 1A

Land $400,000

Schedule D, Part VI, Line 1B

Buildings $2,000,000

Schedule D, Part VI, Line 1C

Lease Hold Improvements $0

Schedule D, Part VI, Line 1D

Equipment $21,000

Schedule D, Part VI, Line 1E

Other $0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03922552
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04177510
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt06000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04350
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt04350
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Pet Food & Care
IRS990/OtherExpensesGrp/Desc1Art Aquisitions
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02052
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13989
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/TotalAmt02052
IRS990/OtherExpensesGrp/TotalAmt13989
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Candace Frazee
IRS990/PriorPeriodAdjustmentsAmt0169386
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0none
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0none
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0193249
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0205885
IRS990/PYOtherRevenueAmt036000
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt023364
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0205885
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0229249
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt085572
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt048000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The organization's officers, directors or trustees did have significant voices in the organization's investment policies and in directing the use of the organization's income or assets at all times during the tax year.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1All of the organization's activities during the tax year directly furthered the exempt purpose of the organization to which the organization was responsible.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2The activities described in (a) constitute activities that, but for the organization's involvement, would not have taken place. The reasons for the organization's position that its supported organization would have engaged in these activities is that its activities, from exhibition information placards providing self-guided tours and upon request guided tours, to access of a library of approximately 1,000 bunny books for research and pleasure, to on-hands activities/activeness centers (puzzles, games) which include educational and entertaining activities about bunnies, all promote appreciation and understanding of bunnies culturally.

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