Totals
- Total revenue
- $149,396
- Total expenses
- $166,939
- Contributions and grants received
- $241,524
- Grants paid
- $111
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$92,128
- Total assets, end of year
- $215,173
- Total liabilities, end of year
- $1,323
- Net assets or fund balances, end of year
- $213,850
- Program services expenses (Part IX)
- $81,580
- Management and general expenses
- $37,432
- Fundraising expenses
- $47,927
- Program service expenses (Part III)
- $81,580
Program services were 48.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$109,729
-
1f · All other contributions, gifts and grants
$131,795
-
5 · Royalties
total $794 · excluded $794
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$109,729
-
8b · Fundraising events: direct expenses
$92,922
-
8c · Net income from fundraising events
total -$92,922 · excluded -$92,922
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $111 · program services $111
-
5 · Compensation of officers, directors and key employees
total $93,308 · program services $46,654 · management and general $23,327 · fundraising $23,327
-
9 · Other employee benefits
total $3,871 · program services $2,903 · management and general $968
-
10 · Payroll taxes
total $7,241 · program services $5,431 · management and general $1,810
-
11a · Fees: management
total $4,309 · fundraising $4,309
-
11c · Fees: accounting
total $2,688 · management and general $2,688
-
11g · Fees: other
total $18,758 · program services $3,275 · management and general $483 · fundraising $15,000
-
12 · Advertising and promotion
total $5,291 · fundraising $5,291
-
13 · Office expenses
total $2,485 · management and general $2,485
-
14 · Information technology
total $3,517 · management and general $3,517
-
17 · Travel
total $10,008 · program services $10,008
-
22 · Depreciation, depletion and amortization
total $4,109 · program services $2,055 · management and general $2,054
-
24a · Other expenses: CAMP PROGRAM SUPPLIES
total $11,143 · program services $11,143
-
24b · Other expenses: STATE FEES
total $100 · management and general $100
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $228,856 · end of year $214,801
-
10a · Land, buildings and equipment: cost or other basis
$25,711
-
10b · Land, buildings and equipment: accumulated depreciation
$25,711
-
10c · Land, buildings and equipment, net
beginning of year $4,109 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $372
-
17 · Accounts payable and accrued expenses
beginning of year $773 · end of year $1,323
-
25 · Other liabilities
beginning of year $63 · end of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $232,129 · end of year $213,850
Mission and programs · 2023
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.
-
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 $81,580 · Grants $111
As filed on the 2023 return.
Listed in Part VII
-
Natalie DeringNATALIE DERING
EXECUTIVE DIRECTOR
- Total calculated
- $100,248
- From this org
- $95,764
- From related orgs
- $0
- Other
- $4,484
- Hours/week
- 40
-
Shannon LeeSHANNON LEE
PRESIDENT/BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Dennis ChangDENNIS CHANG
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Sydnie WilsonSYDNIE WILSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 29 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432499349301813
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