Peter Mullin Automotive Museum Foundation
- Assets
- $18.1m
- Revenue
- $74.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Oxnard, CA
- Founding
- 12/2004
- Data as of
- 12/2021
- EIN
- 20-1728744
Organization Overview
Peter Mullin Automotive Museum Foundation is located in Oxnard, CA. The organization was established in 2004. 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. Peter Mullin Automotive Museum Foundation 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, Peter Mullin Automotive Museum Foundation generated $74.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $24.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. 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
TO SUPPORT NONPPROFIT PUBLIC CHARITIES THAT ARE DEDICATED TO THE STUDY, PRESERVATION, AND PUBLIC DISPLAY OF CLASSIC AUTOMOBILES OR PUBLIC EDUATION REGARDING CLASSIC AUTOMOBILES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MAINTAINS AND PRESERVES A COLLECTION OF HISTORICAL AUTOMOBILES AND MAKES THE COLLECTION OF AUTOMOBILES AND/OR MEMORABILIA AVAILABLE FOR LOAN TO THE SUPPORTED ORGANIZATIONS AND OTHER NON-PROFIT ORGANIZATIONS, FOR USE IN THEIR EXHIBITIONS AND/OR EDUCATION PROGRAMS. THE ORGANIZATION HAS PREVIOUSLY PLEDGED AND PAID FUNDS TO ONE OF ITS SUPPORTED ORGANIZATIONS TO ENDOW A SCHOLARSHIP IN TRANSPORTATION DESIGN AND TO FUND A CLASSIC AUTOMOBILE DESIGN COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorne M Buchman Secretary | OfficerTrustee | 1 | $0 |
Bruce Meyer Treasurer | OfficerTrustee | 1 | $0 |
Peter W Mullin President | OfficerTrustee | 1 | $0 |
James Dowd Assistant Treasurer | Officer | 1 | $0 |
Susan Bendrick Assistant Secretary | Officer | 1 | $0 |
David Sydorick Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $74,324 |
| Noncash contributions included in lines 1a–1f | $46,305 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,324 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,324 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,360 |
| Fees for services: Accounting | $7,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,944 |
| All other expenses | $0 |
| Total functional expenses | $24,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,339 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $652 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,491,301 |
| Intangible assets | $0 |
| Other assets | $15,577,826 |
| Total assets | $18,091,118 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $18,071,618 |
| Net assets with donor restrictions | $19,500 |
| 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 | $18,091,118 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peter Mullin Automotive Museum Foundation has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
E B R Foundation Chicago, IL PURPOSE: UNRESTRICTED | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Contemporary Jewish Museum San Francisco, CA | $89,973,935 | $6,215,554 |
Wjo Foundation Los Angeles, CA | $40,838,683 | $19,917,813 |
Council On American-Islamic Relations California Anaheim, CA | $15,557,872 | $7,778,802 |
Pacific Battleship Center San Pedro, CA | $7,123,238 | $6,518,959 |
Swc Museum Corp Los Angeles, CA | $185,291,567 | $7,296,634 |
Eames Institute Petaluma, CA | $18,964,312 | $22,211,223 |
Palm Springs Air Museum Inc Palm Springs, CA | $20,548,882 | $5,160,584 |
Museum Of Northern Arizona Inc Flagstaff, AZ | $21,755,182 | $7,019,493 |
Hiller Aviation Institute San Carlos, CA | $13,765,649 | $3,172,781 |
Dr Prem Reddy Family Foundation Victorville, CA | $59,640,803 | $7,595,439 |
Nevada Northern Railway Foundation Inc Ely, NV | $12,170,524 | $3,367,956 |
Working Assumptions Foundation Berkeley, CA | $1,074,747 | $600,119 |