American Motorcycle Heritage Foundation
- Assets
- $1.9m
- Revenue
- $588.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Pickerington, OH
- Founding
- 12/1982
- Data as of
- 09/2023
- EIN
- 31-1047849
Organization Overview
American Motorcycle Heritage Foundation, operating under the name Ama Motorcycle Hall Of Fame, is located in Pickerington, OH. The organization was established in 1982. 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. Ama Motorcycle Hall Of Fame 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 09/2023, Ama Motorcycle Hall Of Fame generated $588.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $585.8k during the year ending 09/2023. While expenses have increased by 1.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CELEBRATE, ELUCIDATE AND PRESERVE THE RICH TRADITION OF MOTORCYCLING IN AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH THE OPERATION OF THE AMA MOTORCYCLE HALL OF FAME MUSEUM, THE AMHF PRESERVES THE HERITAGE OF AMERICAN MOTORCYCLING AND EDUCATES THE PUBLIC ABOUT ITS GREAT TRADITIONS. VISITORS TO THE MUSEUM LEARN ABOUT THE RICH HISTORY OF AMERICAN MOTORCYCLING; AND EXPERIENCE THE EXCITEMENT OF THE OPEN ROAD OR TRAIL, THE THRILL OF RACING, THE ALLURE OF MOTORCYCLE DESIGN AND TECHNOLOGY, AND THE INSPIRATION OF MEMORABLE PERSONALITIES. LOCATED JUST 13 MILES EAST OF COLUMBUS ON THE CAMPUS OF THE AMERICAN MOTORCYCLIST ASSOCIATION (AMA) IN PICKERINGTON, OHIO, THE NONPROFIT MUSEUM IS OPEN DAILY FROM 9 AM TO 5 PM.
THE AMHF MAINTAINS AND PROMOTES THE AMA MOTORCYCLE HALL OF FAME TO HONOR THE DISTINGUISHED MEN AND WOMEN WHOSE COMPETITIVE SPIRIT, PASSION, VISION, AND ENTREPRENEURSHIP HAVE PLAYED A VITAL ROLE IN SHAPING THE SPORT, LIFESTYLE, AND BUSINESS OF MOTORCYCLING. THE MAIN FLOOR GALLERY OF THE MUSEUM SHOWCASES THE MEMBERS OF THE HALL OF FAME AND AN ADDITIONAL PRIMARY FUNCTION IS THE ADMINISTRATION OF THE HALL OF FAME INDUCTION PROCESS.
THE AMHF COLLECTS, RECORDS, AND MAINTAINS AN ARCHIVE OF PUBLICATIONS, PHOTOGRAPHS, AND OTHER DOCUMENTS AND ITEMS RELEVANT TO THE HISTORY OF MOTORCYCLING. THE MUSEUM AND ITS EXTENSIVE ARCHIVES ALLOW THE AMHF TO COOPERATE WITH OTHER HIGH QUALITY MUSEUMS AND PARTICIPATE IN PROJECTS CONSISTENT WITH ITS VISION TO BECOME THE PREMIER MOTORCYCLING MUSEUM IN THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Abboud Director | Trustee | 1 | $0 |
Brad Baumert Director | Trustee | 1 | $0 |
Hub Brennan Director | Trustee | 1 | $0 |
Christopher Cox Director | Trustee | 1 | $0 |
Russ Ehnes Director | Trustee | 1 | $0 |
Mark Hosbach Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $30,600 |
| Related organizations | $99,819 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,292 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,711 |
| Total Program Service Revenue | $40,530 |
| Investment income | $28,504 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,626 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $281,617 |
| Net Income from Gaming Activities | $36,257 |
| Net Income from Sales of Inventory | $14,597 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $588,842 |
| 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 | $112,288 |
| Pension plan accruals and contributions | $1,524 |
| Other employee benefits | $10,342 |
| Payroll taxes | $9,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $53,334 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $361,586 |
| Travel | $12,332 |
| 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 | $4,581 |
| Insurance | $6,371 |
| All other expenses | $0 |
| Total functional expenses | $585,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,094,178 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,800 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $47,479 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $73,887 |
| Investments—publicly traded securities | $260,661 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $427,192 |
| Total assets | $1,914,197 |
| Accounts payable and accrued expenses | $9,500 |
| Grants payable | $0 |
| Deferred revenue | $3,476 |
| 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 | $147,702 |
| Other liabilities | $0 |
| Total liabilities | $160,678 |
| Net assets without donor restrictions | $1,440,977 |
| Net assets with donor restrictions | $312,542 |
| 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 | $1,914,197 |