Schaaf Truck And Tractor Museum
- Assets
- $1.8m
- Revenue
- $365.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Frankfort, IL
- Founding
- 06/1997
- Data as of
- 12/2018
- EIN
- 36-4122475
Organization Overview
Schaaf Truck And Tractor Museum is located in Frankfort, IL. The organization was established in 1997. 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. Schaaf Truck And Tractor 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 12/2018, Schaaf Truck And Tractor Museum generated $365.6k in total revenue. All expenses for the organization totaled $21.6k during the year ending 12/2018. While expenses have increased by 30.2% per year over the past 2 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE MINISTRY OF BARNABAS FOUNDATION THROUGH GENERATING FINANCIAL SUPPORT AND PROVIDING AN OPPORTUNITY FOR THE GENERAL PUBLIC TO LEARN ABOUT GOD'S WORLD THROUGH THE ACTIVITIES OF THE MUSEUM, AND TO MAINTAIN, RESTORE, ACCUMULATE, PRESERVE AND DISPLAY ANTIQUE TRUCKS, TRACTORS AND EQUIPMENT FOR THE EDUCATION OF THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHAAF TRUCK & TRACTOR MUSEUM MAINTAINS, RESTORES, ACCUMULATES, PRESERVES AND DISPLAYS ANTIQUE TRUCKS, TRACTORS, MACHINES AND EQUIPMENT FOR THE EDUCATION OF THE GENERAL PUBLIC. THE MUSEUM IS OF PARTICULAR INTEREST TO SENIOR CITIZENS GROUPS, WHO REMEMBER SUCH VEHICLES AND EQUIPMENT FROM THEIR YOUTH, AND TO STUDENT GROUPS WHO HAVE AN OPPORTUNITY TO LEARN ABOUT GOD'S WORLD THROUGH VIEWING THE EARLY INNOVATIONS IN MECHANICAL TRANSPORTATION AND AGRICULTURAL VEHICLES.
TO GENERATE FINANCIAL SUPPORT IN THE FORM OF GRANTS EXCLUSIVELY FOR BARNABAS FOUNDATION, ITS SUPPORTED ORGANIZATION, WHOSE MISSION IS TO PROMOTE BIBLICAL STEWARDSHIP FOR THE CAUSE OF THE KINGDOM OF JESUS CHRIST. BOTH THE SCHAAF TRUCK & TRACTOR MUSEUM AND BARNABAS FOUNDATION SEEK TO SUPPORT THOSE GROUPS, SOCIETIES, ORGANIZATIONS AND INSTITUTIONS WHICH MINISTER IN JESUS' NAME TO MAN'S SPIRITUAL, PHYSICAL, EMOTIONAL AND INTELLECTUAL CAPACITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Schaaf Vice President | OfficerTrustee | 1 | $0 |
John Dieck Treasurer | OfficerTrustee | 1 | $0 |
David Schutt Secretary | OfficerTrustee | 1 | $0 |
James Bakke Director | Trustee | 1 | $0 |
David Vander Ploeg Thru 918 Director | Trustee | 1 | $0 |
Marvin Aardema Began 918 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 | $318,128 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $318,128 |
| Total Program Service Revenue | $0 |
| Investment income | $14 |
| 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 | $365,642 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| 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 | $9,065 |
| Insurance | $0 |
| All other expenses | $12,548 |
| Total functional expenses | $21,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,673 |
| Savings and temporary cash investments | $981 |
| 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 | $0 |
| Net Land, buildings, and equipment | $34,399 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,731,678 |
| Total assets | $1,782,731 |
| 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 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $1,782,731 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,782,731 |