Public Charity

LAGUNA SECA RACEWAY FOUNDATION

LAGUNA SECA RACEWAY FOUNDATION, of MONTEREY, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $22K in revenue, $515K in expenses, $231K in total assets. 4 publicly reported grants to this organization, totaling roughly $314K, appear in IRS filings.

EIN: 753088903 MONTEREY, CA Single Organization Support NTEE: N11 Latest filing: 2025
Total Revenue$22K
Total Expenses$515K
Total Assets$231K
Grant Records4
Funding Total$314K
Filing Years2022–2025

Mission

LAGUNA SECA RACEWAY FOUNDATION RAISES FUNDS FOR CAPITAL IMPROVEMENTS AT THE LAGUNA SECA RECREATIONAL AREA TO HELP IMPROVE THE OVERALL PARTICIPANT AND SPECTATOR EXPERIENCE FOR THE BENEFIT OF THE ENTIRE COMMUNITY OF MONTEREY COUNTY.

Where $100 goes at Laguna Seca Raceway Foundation

How Laguna Seca Raceway Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$95
$500,000 was donated to friends of laguna seca (operator of laguna seca raceway under a concession agreement with the county of Monterey, owner of the laguna seca recreation…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Arthur Cook
DIRECTOR Carl Anderson
VICE PRESIDENT Carl Moore
DIRECTOR Gordon Mccall
DIRECTOR Jon Norman
SECRETARY Mary Schley

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$304,398 3 grants
Human & Social Services
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $22K $515K $231K
2024 $726K $515K $721K
2023 $88K $34K $500K
2022 $313K $16K $433K

Between 2022 and 2025, reported annual revenue declined from $313K to $22K (-93%), with total assets most recently reported at $231K.

Interactive year-over-year charts and full filing details available with membership.

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