Civic Intelligence

Automobile Driving Museum

990 • Fiscal year 2016 • EIN 75-3057889

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 28, 2017

610 Lairport StreetEl Segundo, CA 90245

(310) 909-0950

Siviq Scores

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

Liabilities / Assets

41st percentile

0.05x

Higher debt load relative to assets than 41% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

70th percentile

0.31x

Higher debt load relative to revenue than 70% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

69th percentile

10%

Higher net margin than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

52nd percentile

1.8%

Faster asset growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

106%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$4,624,600

Up $83,831 (+1.8%) from 2015

Net Assets

Up

$4,377,680

Up $82,605 (+1.9%) from 2015

Liabilities

Up

$246,920

Up $1,226 (+0.5%) from 2015

Revenue

Up

$808,678

Up $416,848 (+106%) from 2015

Expenses

Up

$726,073

Up $152,138 (+27%) from 2015

Net Income

Up

$82,605

Up $264,710 (+145%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,112,842Liabilities 2011: $145,731Net Assets 2011: $3,967,1112011Assets 2012: $4,358,175Liabilities 2012: $174,004Net Assets 2012: $4,184,1712012Assets 2013: $4,528,872Liabilities 2013: $205,152Net Assets 2013: $4,323,7202013Assets 2014: $4,724,577Liabilities 2014: $247,397Net Assets 2014: $4,477,1802014Assets 2015: $4,540,769Liabilities 2015: $245,694Net Assets 2015: $4,295,0752015Assets 2016: $4,624,600Liabilities 2016: $246,920Net Assets 2016: $4,377,6802016Assets 2017: $4,708,040Liabilities 2017: $35,888Net Assets 2017: $4,672,1522017Assets 2018: $4,763,368Liabilities 2018: $40,965Net Assets 2018: $4,722,4032018Assets 2020: $4,686,297Liabilities 2020: $216,736Net Assets 2020: $4,469,5612020Assets 2021: $4,469,803Liabilities 2021: $290,451Net Assets 2021: $4,179,3522021Assets 2022: $4,380,153Liabilities 2022: $400,185Net Assets 2022: $3,979,9682022Assets 2023: $4,133,607Liabilities 2023: $402,636Net Assets 2023: $3,730,9712023

Highlighted filing

2016

Assets$4,624,600
Liabilities$246,920
Net Assets$4,377,680

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $602,932Expenses 2011: $348,046Net Income 2011: $254,8862011Revenue 2012: $509,264Expenses 2012: $292,204Net Income 2012: $217,0602012Revenue 2013: $519,123Expenses 2013: $379,574Net Income 2013: $139,5492013Revenue 2014: $112,031Expenses 2014: $85,685Net Income 2014: $26,3462014Revenue 2015: $391,830Expenses 2015: $573,935Net Income 2015: -$182,1052015Revenue 2016: $808,678Expenses 2016: $726,073Net Income 2016: $82,6052016Revenue 2017: $999,319Expenses 2017: $704,847Net Income 2017: $294,4722017Revenue 2018: $914,081Expenses 2018: $863,830Net Income 2018: $50,2512018Revenue 2020: $157,602Expenses 2020: $532,156Net Income 2020: -$374,5542020Revenue 2021: $381,715Expenses 2021: $671,924Net Income 2021: -$290,2092021Revenue 2022: $526,220Expenses 2022: $725,604Net Income 2022: -$199,3842022Revenue 2023: $568,080Expenses 2023: $817,077Net Income 2023: -$248,9972023

Highlighted filing

2016

Revenue$808,678
Expenses$726,073
Net Income$82,605
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 28, 2017
Return Version
2016v3.0
Gross Receipts
$966,441
Mission and Program Overview

Mission

The automobile driving museum exists to preserve automotive history, interpret the hisotrical significance, educate guests and provide them with the opportunity to take a ride in one of the museum's historic collector vehicles.

The automobile driving museum exists to preserve automotive history, interpret the historical significance, educate our guests and provide them with the opportunity to take a ride in one of the museums historic collector vehicles.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$4,440,387$4,425,535▼ $14,852
Cash and Non-Interest-Bearing Accounts$44,380$160,990▲ $116,610
Land, Buildings, and Equipment, Net$21,611$18,638▼ $2,973
Prepaid Expenses and Deferred Charges$17,158$12,226▼ $4,932
Inventories for Sale or Use$17,233$7,211▼ $10,022
Total Assets$4,540,769$4,624,600▲ $83,831
Liabilities
Other Liabilities$235,718$236,189▲ $471
Accounts Payable and Accrued Expenses$9,976$10,731▲ $755
Total Liabilities$245,694$246,920▲ $1,226
Net Assets / Fund Balance
Unrestricted Net Assets$4,295,075$4,377,680▲ $82,605
Total Net Assets Fund Balance$4,295,075$4,377,680▲ $82,605
Total Liabilities and Net Assets / Fund Balance$4,540,769$4,624,600▲ $83,831

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,468,120--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$832,991
Program Service Revenue
$0
Investment Income
$-53,105
Other Revenue
$28,792
All Other Contributions
$589,745
Change in Net Assets
$82,605

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported Amount
Cars and Other Vehicles1$125,303
Total Noncash Contributions1$125,303
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$453,993
Salaries, Compensation, and Employee Benefits$272,080
Total Fundraising Expense$97,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$111,954$56,622$56,622$225,198
All Other Expenses$64,543$7,005$10,482$82,030
Advertising$74,080--$74,080
Occupancy$40,250$2,022$2,022$44,294
Other Employee Benefits$12,327$6,235$6,235$24,797
Payroll Taxes$10,979$5,553$5,553$22,085
Other Expenses$15,669$2,718$2,720$21,107
Insurance$6,895$5,171$5,171$17,237
Fees for Services Other$7,676$732$732$9,140
Depreciation Depletion-$8,880-$8,880
Information Technology$3,511$2,632$2,632$8,775
Office Expenses$1,680$1,260$1,260$4,200
Fees for Services Legal-$4,053-$4,053
Fees for Services Accounting-$2,000-$2,000
Travel$1,494--$1,494
Total Functional Expenses$519,119$109,204$97,750$726,073
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$38,263
Fundraising Gross Income$38,263
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$281,509$38,263$38,263$0
Total Events$281,509$38,263$38,263-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$236,189
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 11B

A copy was provided to the organization's governing body for review and approval.

Form 990, Page 6, Part VI, Line 12C

The organization regularly and consistently monitors and enforces the compliance with the conflict of interest policy. If the governing board or committee has reasonable cause to believe a member has failed to disclose it will investigate, take appropriate disciplinary and corrective action if necessary.

Form 990, Page 6, Part VI, Line 19

The organization makes its documents available to the pubic upon request. And the notice of the availability is posted in a prominent place.

Filing and Contact Details

Filer

Filer Name
Automobile Driving Museum
EIN
75-3057889
Phone
3109090950
Address
610 LAIRPORT STREET, EL SEGUNDO, CA 90245

Signing Officer

Name
Thomas Zimmerman
Title
CFO
Phone
3109090950
Signed
2017-06-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Zimmerman
Formed
2002
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
10
Volunteers
50

Preparer

Firm
Boroda Holm a Professional Corporation
Address
15760 VENTURA BLVD 1030, ENCINO, CA 91436-3020
Preparer
Leon Boroda
Phone
8189059550
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The automobile driving museum exists to preserve automotive history, interpret the historical significance, educate guests and provide them with the opportunity to take a ride in one of the museums historic collector vehicles.

Form 990, Part IX, Line 24E

Merchandise 20,618 0 0 docents 20,276 0 0 bank charges 9,169 0 0 printing & production 3,395 2,545 2,545 telephone 2,064 1,548 1,548 miscellaneous 700 0 3,859 equipment rental 1,817 1,363 1,363 dues and subscriptions 4,451 0 0 payroll processing fee 1,523 770 770 postage 530 397 397 taxes & licenses 0 382 0 total 64,543 7,005 10,482

Financial Statement Notes

Schedule D, Page 3, Part X

The museum is generally exempt from federal and state income taxes as a publicly supported organization under section 501(c) (3) of the internal revenue code and corresponding california code sections. However, income generated from activities unrelated to the museum's exempt purpose is subject to tax under section 511 of the code. The museum did not have any unrelated business income for the years ended december 31, 2016. Accordingly, the accompanying financial statements contain no provision for income taxes. The museum is subject to a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. After evaluating the tax position taken, none are considered to be uncertain; therefore, no amounts have been recognized as of december 31, 2016. If incurred, interest and penalties associated with uncertain tax positions would be recorded in the period assessed as other operating expenses. No interest or penalties have been assessed as of december 31, 2016. The museum believes it is no longer subject to income tax examinations for years prior to 2013.

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IRS990/OtherExpensesGrp/ProgramServicesAmt223222
IRS990/OtherExpensesGrp/ProgramServicesAmt315669
IRS990/OtherExpensesGrp/TotalAmt086417
IRS990/OtherExpensesGrp/TotalAmt167064
IRS990/OtherExpensesGrp/TotalAmt223222
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IRS990/OtherLiabilitiesGrp/BOYAmt0235718
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056622
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0111954
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05553
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IRS990/PrincipalOfficerNm0THOMAS ZIMMERMAN
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IRS990/PYOtherExpensesAmt0401903
IRS990/PYOtherRevenueAmt029525
IRS990/PYRevenuesLessExpensesAmt0-182105
IRS990/PYSalariesCompEmpBnftPaidAmt0172032
IRS990/PYTotalExpensesAmt0573935
IRS990/PYTotalRevenueAmt0391830
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0658073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0477352
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IRS990ScheduleA/PublicSupportPY170Pct00.97960
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IRS990ScheduleA/SubstantialContributorsTotAmt03221
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0832991
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0134077
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0658073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0477352
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02588973
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11468120
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ANTIQUE VEHICLE COLLECTION
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1ARTIFACTS & LITERATURE
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE MUSEUM IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND CORRESPONDING CALIFORNIA CODE SECTIONS. HOWEVER, INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE MUSEUM'S EXEMPT PURPOSE IS SUBJECT TO TAX UNDER SECTION 511 OF THE CODE. THE MUSEUM DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2016. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS CONTAIN NO PROVISION FOR INCOME TAXES. THE MUSEUM IS SUBJECT TO A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITION TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF DECEMBER 31, 2016. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS WOULD BE RECORDED IN THE PERIOD ASSESSED AS OTHER OPERATING EXPENSES. NO INTEREST OR PENALTIES HAVE BEEN ASSESSED AS OF DECEMBER 31, 2016. THE MUSEUM BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalLiabilityAmt0236189
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0243246
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0243246
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0281509
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IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE AUTOMOBILE DRIVING MUSEUM EXISTS TO PRESERVE AUTOMOTIVE HISTORY, INTERPRET THE HISTORICAL SIGNIFICANCE, EDUCATE GUESTS AND PROVIDE THEM WITH THE OPPORTUNITY TO TAKE A RIDE IN ONE OF THE MUSEUMS HISTORIC COLLECTOR VEHICLES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES THE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE IT WILL INVESTIGATE, TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE TO THE PUBIC UPON REQUEST. AND THE NOTICE OF THE AVAILABILITY IS POSTED IN A PROMINENT PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MERCHANDISE 20,618 0 0 DOCENTS 20,276 0 0 BANK CHARGES 9,169 0 0 PRINTING & PRODUCTION 3,395 2,545 2,545 TELEPHONE 2,064 1,548 1,548 MISCELLANEOUS 700 0 3,859 EQUIPMENT RENTAL 1,817 1,363 1,363 DUES AND SUBSCRIPTIONS 4,451 0 0 PAYROLL PROCESSING FEE 1,523 770 770 POSTAGE 530 397 397 TAXES & LICENSES 0 382 0 TOTAL 64,543 7,005 10,482
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0808678
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IRS990/TravelGrp/TotalAmt01494
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IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0WWW.AUTOMOBILEDRIVINGMUSEUM.ORG

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