Model-T Automotive Heritage Complex Inc
- Assets
- $2.5m
- Revenue
- $509.8k
- Investments
- $0.0
- Employees
- 18
- Location
- Detroit, MI
- Founding
- 11/1999
- Data as of
- 12/2020
- EIN
- 38-3455896
Organization Overview
Model-T Automotive Heritage Complex Inc, operating under the name Ford Piquette Avenue Plant, is located in Detroit, MI. The organization was established in 1999. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Ford Piquette Avenue Plant employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ford Piquette Avenue Plant 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, Ford Piquette Avenue Plant generated $509.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $458.0k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PURCHASE AND RESTORE THE FIRST FACTORY BUILT BY THE FORD MOTOR COMPANY AND RETURN IT TO CIRCA 1910 APPEARANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORATION OF THE NATIONAL HISTORIC LANDMARK BUILDING PRESERVING THE PIQUETTE AVENUE PLANT AND RESTORE THE SITE TO ITS ORIGINAL CIRCA 1910 APPEARANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Flatt Executive Director | OfficerTrustee | 40 | $83,996 |
Dennis Curlew Treasurer | OfficerTrustee | 20 | $24,405 |
Jerald Mitchell President Emeritus | OfficerTrustee | 10 | $0 |
Peter Nikolajevs Secretary | OfficerTrustee | 3 | $0 |
Steven Shotwell President | OfficerTrustee | 24 | $0 |
Arthur Pope Trustee | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $310,535 |
| Investment income | $33 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $58,416 |
| Net Gain/Loss on Asset Sales | $385 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $12,101 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $509,835 |
| Statement of Expenses | |
|---|---|
| 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. | $81,174 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,993 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,321 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,795 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,644 |
| Advertising and promotion | $9,041 |
| Office expenses | $23,945 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $79,064 |
| 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 | $50,048 |
| Insurance | $12,420 |
| All other expenses | $0 |
| Total functional expenses | $458,030 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $420,074 |
| Savings and temporary cash investments | $164,949 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,170 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,552 |
| Prepaid expenses and deferred charges | $3,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $612,162 |
| Total assets | $2,459,654 |
| Accounts payable and accrued expenses | $10,065 |
| Grants payable | $0 |
| Deferred revenue | $7,763 |
| 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 | $155,046 |
| Total liabilities | $172,874 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,286,780 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Model-T Automotive Heritage Complex Inc has recieved totaling $108.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $108 |
Endowment Analysis
| Beg. Balance | $17,236 |
| Net Contributions | $2,022 |
| Ending Balance | $19,258 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Inventors Hall Of Fame Inc North Canton, OH | $44,107,247 | $39,073,824 |
Toledo Science Center Toledo, OH | $5,601,246 | $4,169,037 |
Wisconsin Agricultural Education Center Inc Manitowoc, WI | $11,673,876 | $384,322 |
Impression 5 Science Center Lansing, MI | $3,728,176 | $1,131,343 |
Wonderlab-Museum Of Science Health & Technology Inc Bloomington, IN | $4,147,404 | $968,426 |
Ohio Academy Of Science Dublin, OH | $1,206,586 | $1,431,773 |
Lake Erie Junior Nature & Science Center Bay Village, OH | $6,453,356 | $1,686,404 |
Aviation Heritage Foundation Inc Dayton, OH | $1,810,938 | $880,670 |
Model-T Automotive Heritage Complex Inc Detroit, MI | $2,459,654 | $509,835 |
Ispace Inc Evendale, OH | $1,021,347 | $594,899 |
Cognition Beulah, MI | $508,404 | $374,503 |
Iqhub St Johns, MI | $171,390 | $0 |