Malibu Adamson House Foundation, operating under the name Malibu Lagoon Museum, is located in Malibu, CA. The organization was established in 1982. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Malibu Lagoon Museum is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Malibu Lagoon Museum generated $107.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $95.1k during the year ending 12/2021. While expenses have increased by 16.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE EDUCATIONAL AND INTERPRETIVE ACTIVITIES FOR THE MALIBU MUSEUM AND TO RAISE FUNDS FOR THE RESTORATION, REPAIR AND PRESERVATION OF THIS HISTORICAL SITE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CCONTRIBUTED MONIES TO MITIGATE EROSION UNDERMINING THE FOUNDATION OF THE MALIBU MUSEUM (ADAMSON HOUSE)
COSTS RELATED TO MAINTENANCE OF SERVICE PROGRAMS TO BENEFIT THE VOLUNTEER DOCENTS AND GENERAL PUBLIC
FEES RELATED TO THE MAINTENANCE OF THE ADAMSON HOUSE ARCHIVES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jules Hershfeld Treasurer | OfficerTrustee | 4 | $0 |
Nidra Winger President | OfficerTrustee | 2 | $0 |
Jefferson Wagner Vice President | OfficerTrustee | 1 | $0 |
Carol Jackson Secretary | OfficerTrustee | 1 | $0 |
Martha Juede Archivist | Trustee | 1 | $0 |
Robby Mazza Director-Center Manager | Trustee | 8 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $3,525 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $14,199 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,724 |
Total Program Service Revenue | $6,495 |
Investment income | $50,038 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $21,414 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $11,702 |
Miscellaneous Revenue | $0 |
Total Revenue | $107,373 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $990 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,840 |
Information technology | $648 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $80,500 |
Depreciation, depletion, and amortization | $0 |
Insurance | $717 |
All other expenses | $0 |
Total functional expenses | $95,139 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $150,090 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $892,176 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,042,266 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,042,266 |
Over the last fiscal year, we have identified 1 grants that Malibu Adamson House Foundation has recieved totaling $3,000.
Awarding Organization | Amount |
---|---|
Cma Foundation Inc Malibu, CA PURPOSE: RESTORATION OF HISTORIC ARTIFACTS AND STRUCTURE. | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
Contemporary Jewish Museum San Francisco, CA | $89,973,935 | $6,215,554 |
Wjo Foundation Los Angeles, CA | $40,838,683 | $19,917,813 |
Council On American-Islamic Relations California Anaheim, CA | $15,557,872 | $7,778,802 |
Pacific Battleship Center San Pedro, CA | $7,123,238 | $6,518,959 |
Swc Museum Corp Los Angeles, CA | $185,291,567 | $7,296,634 |
Eames Institute Petaluma, CA | $18,964,312 | $22,211,223 |
Palm Springs Air Museum Inc Palm Springs, CA | $20,548,882 | $5,160,584 |
Museum Of Northern Arizona Inc Flagstaff, AZ | $21,755,182 | $7,019,493 |
Hiller Aviation Institute San Carlos, CA | $13,765,649 | $3,172,781 |
Dr Prem Reddy Family Foundation Victorville, CA | $59,640,803 | $7,595,439 |
Nevada Northern Railway Foundation Inc Ely, NV | $12,170,524 | $3,367,956 |
Working Assumptions Foundation Berkeley, CA | $1,074,747 | $600,119 |