Totals
- Total revenue
- $525,224
- Total expenses
- $615,454
- Contributions and grants received
- $186,363
- Grants paid
- $0
- Program service revenue
- $117,119
- Investment income
- $20,179
- Other revenue
- $201,563
- Total assets, end of year
- $2,953,972
- Total liabilities, end of year
- $109,166
- Net assets or fund balances, end of year
- $2,844,806
- Program services expenses (Part IX)
- $327,918
- Management and general expenses
- $226,060
- Fundraising expenses
- $61,476
- Program service expenses (Part III)
- $327,918
Program services were 53.3% 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.
-
1b · Membership dues
$27,564
-
1f · All other contributions, gifts and grants
$158,799
-
1g · Noncash contributions included above
$140,000
-
2a · Program service revenue: GALLERY ADMISSIONS
total $117,119 · related or exempt $117,119
-
3 · Investment income
total $18,174 · excluded $18,174
-
6a · Gross rents
real property $130,125
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $130,125
-
6d · Net rental income or loss
total $130,125 · related or exempt $130,125
-
7a · Gross sales of assets other than inventory
other assets $12,693
-
7b · Less cost or other basis and sales expenses
securities $10,688 · other assets $0
-
7c · Gain or loss
securities -$10,688 · other assets $12,693
-
7d · Net gain or loss
total $2,005 · related or exempt $12,693 · excluded -$10,688
-
10a · Gross sales of inventory
$103,382
-
10b · Cost of goods sold
$37,936
-
10c · Net income from sales of inventory
total $65,446 · unrelated business $65,446
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $5,992 · related or exempt $5,992
-
11e · Other revenue, total
$5,992
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $95,000 · program services $38,000 · management and general $28,500 · fundraising $28,500
-
7 · Other salaries and wages
total $180,749 · program services $92,613 · management and general $66,942 · fundraising $21,194
-
9 · Other employee benefits
total $3,399 · management and general $3,399
-
10 · Payroll taxes
total $22,020 · program services $10,741 · management and general $7,418 · fundraising $3,861
-
11b · Fees: legal
total $10 · management and general $10
-
11c · Fees: accounting
total $27,269 · management and general $27,269
-
11f · Fees: investment management
total $4,946 · management and general $4,946
-
11g · Fees: other
total $69 · program services $10 · management and general $59
-
12 · Advertising and promotion
total $18,008 · program services $13,506 · fundraising $4,502
-
13 · Office expenses
total $50,781 · program services $33,939 · management and general $15,241 · fundraising $1,601
-
14 · Information technology
total $10,899 · management and general $10,899
-
16 · Occupancy
total $141,571 · program services $114,477 · management and general $25,276 · fundraising $1,818
-
19 · Conferences, conventions and meetings
total $2,704 · program services $2,704
-
22 · Depreciation, depletion and amortization
total $44,512 · program services $21,928 · management and general $22,584
-
23 · Insurance
total $7,722 · management and general $7,722
-
24a · Other expenses: UNRELATED BUSINESS INCO
total $5,795 · management and general $5,795
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $143,611 · end of year $54,126
-
2 · Savings and temporary cash investments
beginning of year $112,763 · end of year $93,793
-
3 · Pledges and grants receivable
beginning of year $112,770 · end of year $42,135
-
4 · Accounts receivable
beginning of year $4,287 · end of year $6,466
-
8 · Inventories for sale or use
beginning of year $29,922 · end of year $30,717
-
9 · Prepaid expenses and deferred charges
beginning of year $4,900 · end of year $16,992
-
10a · Land, buildings and equipment: cost or other basis
$651,076
-
10b · Land, buildings and equipment: accumulated depreciation
$472,385
-
10c · Land, buildings and equipment, net
beginning of year $218,280 · end of year $178,691
-
12 · Investments: other securities
beginning of year $653,268 · end of year $669,065
-
14 · Intangible assets
beginning of year $4,758 · end of year $4,102
-
15 · Other assets
beginning of year $1,779,035 · end of year $1,857,885
-
17 · Accounts payable and accrued expenses
beginning of year $77,877 · end of year $62,438
-
19 · Deferred revenue
beginning of year $13,319 · end of year $18,772
-
25 · Other liabilities
beginning of year $32,042 · end of year $27,956
-
27 · Net assets without donor restrictions
beginning of year $2,170,872 · end of year $2,095,513
-
28 · Net assets with donor restrictions
beginning of year $769,484 · end of year $749,293
Mission and programs · 2022
Mission
TO OFFER A UNIQUE ATMOSPHERE FOR PUBLIC AND PRIVATE EVENTS WHICH SUPPORTS THE EDUCATION AND INSPIRATION OF "THE AUTOMOBILE IS THE ART". WE SHARE OUR PASSION SO OUR GUESTS CAN GAIN KNOWLEDGE AND APPRECIATE THE FORM AND FUNCTION OF THE AUTOMOBILE PAST, PRESENT AND INTO THE FUTURE.
-
THE CORPORATION WILL FOSTER EDUCATIONAL OPPORTUNITIES THROUGH VARIOUS PROGRAMS, EXHIBITS, AND INTERACTIVE LEARNING ENVIRONMENTS. THE NUMBER OF VISITORS TO THE GALLERY WAS 16,252, THE NUMBER OF EVENTS HELD WAS APPROXIMATELY 186, AND THERE WERE 50 MEMBERSHIPS DURING THE FISCAL YEAR ENDING MAY 31, 2023.
Expenses $327,918 · Revenue $265,929
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Michael I BorleeMICHAEL I BORLEE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Rebecca Lewis-VerhedyenREBECCA LEWIS-VERHEDYEN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Tom OlejniczakTOM OLEJNICZAK
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Barb GillingBARB GILLING
TREASURER
- Total calculated
- $0
- Hours/week
- 6
-
Douglas MuellerDOUGLAS MUELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Ashok RaiDR ASHOK RAI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joe DravesJOE DRAVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Raymond ShacklefordRAYMOND SHACKLEFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bob RuppBOB RUPP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darrel BurnettDARREL BURNETT
EXECUTIVE DIRECTOR
- Total calculated
- $95,000
- From this org
- $95,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
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
- 2022
- Filed
- 19 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440229349300854
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.