This one is known in the coral mushroom group and it’s easy to see why.
See Mushroom Expert for more info.
Lentaria micheneri is in the order Basidiomycota and division of Hymenomycetes, sometimes called Coral Fungi. Coral fungi is usually noted by its finger-like growth. Some of this growth is a simple stalk and other growth is branched like a piece of coral. The simple growth is sometimes called Club Coral. The Club Coral species can be very similar to the club-shaped sac fungi. One way to get closer to identification is to note whether the fungi is fragile and brittle, making it a coral fungi verses the tougher sac fungi.