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STUDEBAKER NATIONAL MUSEUM, INC. <br /> South Bend, Indiana <br /> Annual Report Filed in Cfark's ice <br /> December 31, 2016 JUN ' <br /> � 0 2017 <br /> ' KAREEMAH FOWLER <br /> CITY CLERK,SOUTH BEND, IN <br /> CONTENTS <br /> INDEPENDENT AUDITORS'REPORT 1 <br /> ' FINANCIAL STATEMENTS <br /> ' Statements of Financial Position 3 <br /> Statements of Activities and Changes in Net Assets 4 <br /> ' Statements of Cash Flows 5 <br /> ' Notes to Financial Statements 6 <br /> Supplementary Information <br /> Schedules of Management and General Expenses 16 <br /> 1 <br />