Keith Busse Automotive And Classic Art Foundation Inc
- Assets
- $5.4m
- Revenue
- $39.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 04/2015
- Data as of
- 12/2023
- EIN
- 47-2516944
Organization Overview
Keith Busse Automotive And Classic Art Foundation Inc is located in Fort Wayne, IN. The organization was established in 2015. This organization is the central organization for a national or regional group of organizations. Keith Busse Automotive And Classic Art Foundation 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 12/2023, Keith Busse Automotive And Classic Art Foundation Inc generated $39.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $67.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Keith Busse Automotive And Classic Art Foundation Inc has awarded 27 individual grants totaling $255,633. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM OF CLASSIC CARS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46,650 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$7,500 |
| Other Income | $0 |
| Total Revenue | $39,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $34,701 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,439 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,150 |
| Total operating and administrative expenses | $67,779 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $67,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,459,759 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $3,972,462 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,432,221 |
| Accounts payable and accrued expenses | $395 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $395 |
Grants Awarded
Over the last fiscal year, Keith Busse Automotive And Classic Art Foundation Inc has awarded $144,933 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL KIDNEY FOUNDATION PURPOSE: MEDICAL | $1,433 |
LUKEMIA LYMPHOMA SOCIETY PURPOSE: MEDICAL | $3,000 |
INTERNATIONAL HOUSE PURPOSE: EVANGELICAL | $2,500 |
BIG BROTHERS BIG SISTERS OF NORTHEA PURPOSE: CIVIC | $5,000 |
BOYS AND GIRLS CLUB PURPOSE: COMMUNITY SUPPORT AND DEVELOPMENT | $20,000 |
TRINE UNIVERSITY PURPOSE: EDUCATIONAL | $68,000 |