Classic Car Collection
- Assets
- $243.3k
- Revenue
- $109.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Kearney, NE
- Founding
- 06/2012
- Data as of
- 06/2024
- EIN
- 45-2560489
Organization Overview
Classic Car Collection, operating under the name The American Automobile Experi, is located in Kearney, NE. The organization was established in 2012. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, American Automobile Experi employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Automobile Experi 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 06/2024, American Automobile Experi generated $109.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $112.6k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
CLASSIC CAR COLLECTION IS DEDICATED TO PRESENTING AN ENTERTAINING YET ARTFUL PERSPECTIVE TRACING THE MAJOR ROLE THAT THE AUTOMOBILE HAS PLAYED RELATIVE TO HISTORY, CULTURE, INDUSTRY, AND INNOVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINING THE MUSEUM FEATURING OVER 120 CARS CURRENTLY IN THE COLLECTION. THE MAJORITY OF WHICH ARE ON LOAN TO THE MUSUEM. OTHER EXHIBITS INCLUDE AUTHENTIC VIGNETTES, ARTWORK, MANNEQUINS, AND OTHER ITEMS. WE EMBRACE AND USE TECHNOLOGY VIA INTERACTIVE DISPLAYS TO HELP ILLUSTRATE THE WIDE-RANGING EFFECTS THAT AUTOMOBILES HAVE AND CONTINUE TO HAVE ON OUR LIVES.THE MUSEUM HAS RECREATED A 1950S GAS STATION, WITH BOTH VINTAGE TOOLS AND MODERN DEVICES, WHICH SHOWS THE PROGRESSION OF TECHNICAL SOPHISTICATION AND ADVANCEMENT. THERE IS ALSO A DRIVE-IN THEATER SCREEN AND DISPLAY THAT INCORPORATES THE ORIGINAL TICKET BOOTH FROM THE LOCAL KEARNEY DRIVE-IN.OTHER DISPLAYS INCLUDE VARIOUS VIDEO SCREENS SHOWING HISTORICAL FOOTAGE AND EVENTS. THE CAR HOODS PROJECT IS THE CROWNING BIT OF TECHNOLOGY. USING RECREATED CAR HOODS AS PROJECTOR SCREENS, THEY PROVIDE HISTORICAL YET ENTERTAINING FOOTAGE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Schanbacher Director | Trustee | 5 | $0 |
Danny Oberg Director | Trustee | 5 | $0 |
Earl Joy Director | Trustee | 5 | $0 |
Steve Mercer Director | Trustee | 5 | $0 |
Norris Marshall Director | Trustee | 5 | $0 |
Gene Beerbohm Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,517 |
| Related organizations | $0 |
| Government grants | $7,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,499 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,016 |
| Total Program Service Revenue | $47,525 |
| Investment income | $1,389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$950 |
| 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 | $447 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $109,760 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50 |
| 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 | $10,566 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $342 |
| Payroll taxes | $855 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,049 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100 |
| Advertising and promotion | $14,185 |
| Office expenses | $1,382 |
| Information technology | $1,315 |
| Royalties | $0 |
| Occupancy | $104,546 |
| Travel | $2 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $100 |
| Interest | $161 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $890 |
| Insurance | $5,534 |
| All other expenses | $0 |
| Total functional expenses | $112,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,571 |
| Savings and temporary cash investments | $0 |
| 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 | $4,485 |
| Prepaid expenses and deferred charges | $96,250 |
| Net Land, buildings, and equipment | $8,009 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $110,000 |
| Total assets | $243,315 |
| Accounts payable and accrued expenses | $3,925 |
| 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 | $15,000 |
| Other liabilities | $0 |
| Total liabilities | $18,925 |
| Net assets without donor restrictions | $224,390 |
| 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 | $243,315 |