Indianapolis Automobile Trade Association is located in Indianapolis, IN. The organization was established in 1985. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianapolis Automobile Trade Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Indianapolis Automobile Trade Association generated $246.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $429.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUPPORT THE AUTOMOBILE INDUSTRY IN THE INDIANAPOLIS METROPOLITAN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE AUTOMOBILE INDUSTRY AND PROVIDE INFORMATION TO MEMBERS. THIS INCLUDES HOSTING THE ANNUAL INDIANAPOLIS AUTO SHOW AS WELL AS AN ANNUAL GOLF OUTING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marty Murphy Executive Vice President | Officer | 10 | $216,097 |
Steve Baker Director | Trustee | 1 | $0 |
John Colglazier Director | Trustee | 1 | $0 |
Jonathan Skillman Director | Trustee | 1 | $0 |
Robert Kennedy-Edwards Immediate Past President | Trustee | 1 | $0 |
Brian Miller Preisdent | OfficerTrustee | 1 | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $29,900 |
Investment income | $48,279 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $72,998 |
Net Income from Fundraising Events | $2,741 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $246,139 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $7,615 |
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. | $184,626 |
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 | $12,337 |
Fees for services: Management | $25,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,527 |
Fees for services: Lobbying | $1,808 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $18,939 |
Fees for services: Other | $2,295 |
Advertising and promotion | $92,221 |
Office expenses | $39,114 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,169 |
Travel | $1,844 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,160 |
Interest | $5,335 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $12,903 |
All other expenses | $911 |
Total functional expenses | $429,837 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $80,484 |
Savings and temporary cash investments | $64,251 |
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 | $3,266 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,890,069 |
Investments—other securities | $3,670,714 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,656 |
Total assets | $5,711,440 |
Accounts payable and accrued expenses | $98,272 |
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 | $98,272 |
Net assets without donor restrictions | $5,613,168 |
Net assets with donor restrictions | $0 |
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 | $5,711,440 |