Motorcyclepedia is located in Newburgh, NY. The organization was established in 2011. 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 12/2021, Motorcyclepedia employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Motorcyclepedia 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 12/2021, Motorcyclepedia generated $841.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $533.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MOTORCYCLEPEDIA EXISTS TO HOUSE A COLLECTION OF MOTORCYCLES, BICYCLES AND MEMORABILIA THAT SHOWS OUR WORLDWIDE COMMUNITY THE PAST, PRESENT AND FUTURE, OUR WORK AND HOW WE ARE ALL CONNECTED.MOTORCYCLEPEDIA SERVES AN AUDIENCE OF ALL AGES AND COMMUNITIES BY CONNECTING GENERATIONS WHILE PRESENTING COMPREHENSIVE EXHIBITS AND HOUSING COMMONALITIES SPANNING OVER A CENTURY. MEMORABILIA, ADVERTISING AND ARTIFACTS COMBINE USING MOTORCYCLES AND BICYCLES FROM EACH DISTINCT PERIOD OF TIME WHERE THE PUBLIC CAN LOOK, EXPLORE AND LEARN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A PUBLIC MUSEUM RELATING TO MOTORCYCLES TO COLLECT, HOLD AND EXHIBIT MOTORCYCLES, BICYCLES AND THEIR RELATED CONNECTIONS TO EDUCATE THE PUBLIC WHILE PRESERVING THE PAST, PRESENT AND FUTURE.THE COLLECTION IS EDUCATIONAL IN NATURE AND REFERENCES MANUFACTURE PROCESSES, TECHNICAL MANUALS, PATENTS, ADVERTISING, CATALOGS, MAGAZINES, JOURNALS AND OTHER MOTORCYCLE AND BICYCLE RELATED MEDIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas E Murphy Jr Trustee | Trustee | 1 | $16,200 |
Jean L Lara President | Officer | 20 | $0 |
Antonio Vinciguerra Secretary | Officer | 2 | $0 |
Peter Giordano Vice President | Officer | 2 | $0 |
Chris Arch Sgt/arms | Officer | 2 | $0 |
Mark Germond Treasurer | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $86,460 |
Noncash contributions included in lines 1a–1f | $2,725 |
Total Revenue from Contributions, Gifts, Grants & Similar | $86,460 |
Total Program Service Revenue | $77,158 |
Investment income | $31,898 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $306,673 |
Net Gain/Loss on Asset Sales | $338,576 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $841,042 |
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. | $16,200 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $101,117 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,973 |
Payroll taxes | $7,971 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,906 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $25,884 |
Fees for services: Other | $0 |
Advertising and promotion | $1,335 |
Office expenses | $8,678 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $94,457 |
Travel | $20 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $94 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $146,698 |
Insurance | $16,577 |
All other expenses | $10,014 |
Total functional expenses | $533,710 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $40,944 |
Savings and temporary cash investments | $53,860 |
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 | $13,409 |
Prepaid expenses and deferred charges | $12,529 |
Net Land, buildings, and equipment | $5,652,742 |
Investments—publicly traded securities | $2,349,582 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $33,288 |
Total assets | $8,156,354 |
Accounts payable and accrued expenses | $43,587 |
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 | $43,587 |
Net assets without donor restrictions | $8,058,869 |
Net assets with donor restrictions | $53,898 |
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 | $8,156,354 |
Over the last fiscal year, we have identified 3 grants that Motorcyclepedia has recieved totaling $1,030.
Awarding Organization | Amount |
---|---|
William & Elaine Kaplan Family Charitable Foundation Newburgh, NY PURPOSE: MEMORIAL | $1,000 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $25 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Carnegie Institute Pittsburgh, PA | $541,460,866 | $82,217,609 |
Peabody Essex Museum Inc Salem, MA | $834,878,169 | $57,993,478 |
The Corning Museum Of Glass Corning, NY | $73,662,076 | $31,481,253 |
Intrepid Museum Foundation Inc New York, NY | $107,274,514 | $23,304,017 |
Jewish Museum New York, NY | $170,221,432 | $22,874,963 |
Mystic Seaport Museum Inc Mystic, CT | $122,267,932 | $26,794,983 |
The Paley Center For Media New York, NY | $149,800,581 | $16,736,827 |
Stone Barns Restoration Corp Pocantico Hills, NY | $107,933,883 | $7,964,721 |
Margaret Woodbury Strong Museum Rochester, NY | $223,670,725 | $24,556,351 |
Newark Museum Association Newark, NJ | $64,370,892 | $11,736,749 |
Brandywine Conservancy & Museum Of Art Chadds Ford, PA | $159,611,083 | $25,949,606 |
The Studio Museum In Harlem New York, NY | $153,708,532 | $40,471,884 |