E-Z Spindizzies Foundation is located in Potomac, MD. The organization was established in 2001. According to its NTEE Classification (A50) the organization is classified as: 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. E-Z Spindizzies Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIVATE OPERATING FOUNDATION MAINTAINS A MUSEUM AND HOLDS OPEN HOUSES TO DISPLAY ITS COLLECTION OF ANTIQUE TOY CARS, ANTIQUE RACE CARS AND RELATED MEMORABILIA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Zausner Director | 0.25 | $0 | |
Andrew Zausner CFO | 1 | $0 | |
Bizuayehu Merid Hodge President | 1 | $0 | |
Bizuayehu Merid Hodge Director | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $367 |
| Depreciation | $1,475 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,281 |
| Total operating and administrative expenses | $34,560 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $34,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,862 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,685 |
| Other assets | $5,429,300 |
| Total assets | $5,461,847 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $60,000 |
| Other liabilities | $0 |
| Total liabilities | $60,000 |
Over the last fiscal year, E-Z Spindizzies Foundation has awarded $1,098,024 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
STICHTING HET NATIONAAL AUTO MUSEUM PURPOSE: TO BETTER PRESERVING HISTORIC AUTOMOTIVE ARTIFACTS. | $299,424 |
THE SMITH COLLECTION PURPOSE: TO BETTER PRESERVING HISTORIC AUTOMOTIVE ARTIFACTS. | $798,600 |