Michigan Transit Museum
- Assets
- $144.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Clemens, MI
- Founding
- 01/1975
- Data as of
- 12/2022
- EIN
- 23-7361181
Organization Overview
Michigan Transit Museum is located in Mount Clemens, MI. The organization was established in 1975. According to its NTEE Classification (A50) the organization is classified as: 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. Michigan Transit Museum 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 12/2022, Michigan Transit Museum generated $50.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $79.3k during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Kent Director & President | 20 | $0 | |
Michael Washenko Treasurer | 15 | $0 | |
Gary J Michaels Director & Secretary | 7 | $0 | |
Alex Bogert Director & Vice President | 20 | $0 | |
David Jandron Director | 10 | $0 | |
Tom Stickly Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,025 |
| Total Program Service Revenue | $25,965 |
| Membership dues | $1,985 |
| Investment income | $108 |
| Gain or Loss | $9,000 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,096 |
| Total Revenue | $50,892 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $15,451 |
| Printing, publications, postage, and shipping | $1,026 |
| Other expenses | $62,778 |
| Total expenses | $79,255 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,619 |
| Other assets | $0 |
| Total assets | $144,733 |
| Total liabilities | $0 |
| Net assets or fund balances | $144,733 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Michigan Transit Museum has recieved totaling $46.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eiteljorg Museum Of American Indians And Western Art Inc Indianapolis, IN | $95,582,001 | $21,664,008 |
Grand Rapids Public Museum Grand Rapids, MI | $9,797,722 | $8,206,945 |
Kalamazoo Aviation History Museum Portage, MI | $17,581,493 | $5,451,685 |
Museum Of African American History Detroit, MI | $6,150,822 | $7,565,645 |
Lake States Dairy Center Inc Fair Oaks, IN | $6,073,141 | $3,616,020 |
Yankee Air Force Incorporated Belleville, MI | $14,568,941 | -$1,519,297 |
Genevieve And Donald S Gilmore Foundation Hickory Corners, MI | $0 | $3,411,516 |
National Whitetail Deer Education Cambridge, OH | $11,521,774 | $3,398,617 |
Leigh Yawkey Woodson Art Museum Inc Wausau, WI | $54,767,608 | $3,707,378 |
Maltz Museum Of Jewish Heritage Beachwood, OH | $30,145,147 | $2,967,482 |
Cincinnati Baseball Museum Cincinnati, OH | $7,716,039 | $1,963,239 |
Cincinnati Observatory Center Cincinnati, OH | $1,412,089 | $489,129 |