Carriage Museum Of America is located in Lexington, KY. The organization was established in 1978. According to its NTEE Classification (A54) the organization is classified as: History 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. Carriage Museum Of America is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Carriage Museum Of America generated $56.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $82.3k during the year ending 12/2021. While expenses have increased by 9.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MUSEUM IS A LIBRARY THAT SERVES AS A SOURCE OF HISTORICALLY ACCURATE TECHNICAL INFORMATION ON ANIMAL-DRAWN VEHICLES AND RELATED SUBJECTS. IT IS THE ONLY FULL TIME LIBRARY DEDICATED EXCLUSIVELY TO THE CARRIAGE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAKE HISTORICALLY CORRECT INFORMATION ON ANIMAL-DRAWN VEHICLES AVAILABLE FOR STUDY BY COLLECTING CARRIAGES, BOOKS, ARTICLES AND CATALOGING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dan Bussey Secretary | Officer | 1 | $0 |
John Sowles President | Officer | 1 | $0 |
Jack Day Chairman | Officer | 1 | $0 |
Dale W Dehaan Treasurer | Officer | 1 | $0 |
Harvey Waller Vice Preside | Officer | 1 | $0 |
Gloria Austin Trustee | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $8,775 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,775 |
Total Program Service Revenue | $0 |
Investment income | $50,624 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $513 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$4,299 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $689 |
Miscellaneous Revenue | $0 |
Total Revenue | $56,302 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $15,905 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,217 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,400 |
Fees for services: Accounting | $3,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $11,284 |
Fees for services: Other | $1,416 |
Advertising and promotion | $3,317 |
Office expenses | $8,352 |
Information technology | $4,207 |
Royalties | $0 |
Occupancy | $9,000 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,334 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,575 |
Insurance | $3,361 |
All other expenses | $0 |
Total functional expenses | $82,340 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,209 |
Savings and temporary cash investments | $59,299 |
Pledges and grants receivable | $2,600 |
Accounts receivable, net | $517 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $19,691 |
Prepaid expenses and deferred charges | $1,135 |
Net Land, buildings, and equipment | $2,575 |
Investments—publicly traded securities | $1,116,371 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $329,262 |
Total assets | $1,537,659 |
Accounts payable and accrued expenses | $4,662 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $4,662 |
Net assets without donor restrictions | $1,504,213 |
Net assets with donor restrictions | $28,784 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,537,659 |
Over the last fiscal year, we have identified 1 grants that Carriage Museum Of America has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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