Automotive Hall Of Fame Inc

Organization Overview

Automotive Hall Of Fame Inc is located in Dearborn, MI. 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. As of 12/2020, Automotive Hall Of Fame Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Automotive Hall Of Fame Inc 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 12/2020, Automotive Hall Of Fame Inc generated $625.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $896.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

A HALL OF FAME TO HONOR AND CELEBRATE THE ACCOMPLISHMENTS OF INDIVIDUALS IN THE INTERNATIONAL AUTOMOTIVE INDUSTRY,AND TO INCREASE UNDERSTANDING OF THE CONTRIBUTION THE AUTOMOTIVE INDUSTRY HAS MADE TO SOCIETY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AUTOMOTIVE EDUCATION - PROVIDES SCHOLARSHIP FUNDS WHICH ARE USED TO PROVIDE FINANCIAL ASSISTANCE TO AUTOMOTIVE STUDENTS AT THE BACCALAUREATE LEVEL.


HALL OF FAME - THE ORGANIZATION OPERATES AND MAINTAINS A HALL OF FAME AS A TRIBUTE TO THE MEN AND WOMEN OF THE AUTOMOTIVE INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Margarite Fourcroys
$105,736
Sarah Cook
President
$89,571
Kc Crain
2nd Vice Pre
$0
Ramzi Hermiz
Chairman
$0
Thomas Manganello
Secretary
$0
Michael Simonte
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $101,935
All other contributions, gifts, grants, and similar amounts not included above$500,067
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$602,002
Total Program Service Revenue$3,983
Investment income $15,323
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,572
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $625,880

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Automotive Hall Of Fame Inc has recieved totaling $132,000.

Awarding OrganizationAmount
Edelweiss Foundation

Bloomfield Hills, MI

PURPOSE: GENERAL OPERATING EXPENSE

$60,000
National Automobile Dealers Association

Tysons, VA

PURPOSE: GENERAL SUPPORT

$15,000
B D & Jane Mcintyre Foundation

Chicago, IL

PURPOSE: GENERAL

$10,000
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$10,000
Motor & Equipment Manufacturers Association

Research Triangle Park, NC

PURPOSE: RECOGNITION

$10,000
Ralph L And Winifred E Polk Foundation

Birmingham, MI

PURPOSE: GENERAL FUND

$10,000
View Grant Recipient Profile

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