Northwest Vintage Car And Motorcycle Museum Inc
- Assets
- $1.6m
- Revenue
- $207.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, OR
- Founding
- 07/2002
- Data as of
- 05/2023
- EIN
- 38-3649103
Organization Overview
Northwest Vintage Car And Motorcycle Museum Inc is located in Salem, OR. The organization was established in 2002. 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. Northwest Vintage Car And Motorcycle Museum 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 05/2023, Northwest Vintage Car And Motorcycle Museum Inc generated $207.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $81.1k during the year ending 05/2023. 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 EDUCATE MEMBERS AND THE GENERAL PUBLIC ABOUT THE HERITAGE, HISTORY AND EVOLUTION OF AUTOMOBILES AND MOTORCYCLES OLDER THEN TWENTY-FIVE YEARS. THE MUSEUM WILL SUPPORT LIFE-LONG LEARNING AND CAMARADERIE AMONG THE MEMBERS AND VISITORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM EDUCATES MEMBERS AND THE GENERAL PUBLIC ABOUT THE HERITAGE, HISTORY AND EVOLUTION OF AUTOMOBILES AND MOTORCYCLES OLDER THAN TWENTY-FIVE YEARS THROUGH COMMUNITY INVOLVEMENT ACTIVITIES DESIGNED TO GENERATE INTEREST, RAISE FUNDS, AND CREATE A SENSE OF CAMARADERIE AMONG ITS 200 MEMBERS AND 9,000 VISITORS. THESE ACTIVITIES INCLUDE HOSTING EVENTS AND MEETINGS ON THE GROUNDS WEEKLY, ALL YEAR LONG. ADDITIONALLY, THEIR SPEEDSTER PROGRAM WORKS WITH 50 CHILDREN FOR 24 DAYS A YEAR TRAINING THEM ON CAR REPAIR AND BUILDING.
THE MUSEUM PROVIDES DRY, HEATED AND SECURE STORAGE SPACE FOR MEMBER VEHICLES DURING THE WINTER WHEN THE MUSEUM DISPLAY IS NOT OPEN TO THE PUBLIC.
ALL COMER'S RENDEX-VOUS -- INVITE INDIVIDUALS AND CLUBS TO COME AND SHOW THEIR VINTAGE CARS. THE PUBLIC IS ALSO INVITED TO ATTEND. THE FUNCTION IS HELD AT THE MUSEUM GROUNDS. DURING THE SUMMER FROM MAY 20 THROUGH OCTOBER 1, THE MUSEUM IS OPEN ON WEEKENDS TO THE PUBLIC TO VIEW THE DISPLAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Smith President | OfficerTrustee | 16 | $0 |
Tom Popelka Director | Trustee | 5 | $0 |
Arlene Popelka Director | Trustee | 5 | $0 |
Connie Miller Director | Trustee | 5 | $0 |
Don Blain Director | Trustee | 8.3 | $0 |
Gary Le Master Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,950 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $154,074 |
| Noncash contributions included in lines 1a–1f | $68,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $161,024 |
| Total Program Service Revenue | $19,905 |
| Investment income | $17 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $26,201 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $207,147 |
| 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 | $7,101 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,209 |
| 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 | $32,445 |
| Insurance | $11,413 |
| All other expenses | $0 |
| Total functional expenses | $81,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,195 |
| Savings and temporary cash investments | $4,149 |
| 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 | $1,428,988 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,554,332 |
| 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 |
| Net assets without donor restrictions | $1,282,938 |
| Net assets with donor restrictions | $271,394 |
| 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 | $1,554,332 |