Rocky Mountain Motorcycle Museum & Hall Of Fame
- Assets
- $608.2k
- Revenue
- $14.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Monument, CO
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 84-1203599
Organization Overview
Rocky Mountain Motorcycle Museum & Hall Of Fame is located in Monument, CO. The organization was established in 1992. 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, Rocky Mountain Motorcycle Museum & Hall Of Fame employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocky Mountain Motorcycle Museum & Hall Of Fame 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, Rocky Mountain Motorcycle Museum & Hall Of Fame generated $14.2k 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 (6.6%) each year. All expenses for the organization totaled $61.5k 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
DISPLAYS OF MOTORCYCLES AND MEMORABILIA. EDUCATE THE PUBLIC ON HISTORICAL EVENTS AND ENGINEERING OF MOTORCYCLES. HOST VISITORS FROM ALL 50 STATES. PROVIDE FREE ADMISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE PUBLIC ABOUT THE HISTORY AND ENGINEERING OF MOTORCYCLES
HOLDS AUCTIONS TO RAISE MONEY FOR VARIOUS CHARITIES AND THE MUSEUM MAINTENANCE.
EDUCATE PUBLIC ABOUT THE HISTORY AND ENGINEERING OF MOTORCYCLES
HOLDS AUCTIONS TO RAISE MONEY FOR VARIOUS CHARITIES AND THE MUSEUM MAINTENANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James F Wear President | OfficerTrustee | 30 | $15,800 |
Pamela E Wear Secretary/tr | OfficerTrustee | 30 | $15,000 |
Archie A Scott Jr Vice Preside | OfficerTrustee | 2 | $0 |
Cole Deister Director | Trustee | 0.5 | $0 |
Greg Lew Director | Trustee | 0.5 | $0 |
Dennis D'angelo Director | Trustee | 0.5 | $0 |
Financial Statements
| 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 | $9,894 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,894 |
| Total Program Service Revenue | $0 |
| Investment income | $1,025 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $500 |
| Net Income from Fundraising Events | $2,789 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,208 |
| 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. | $30,800 |
| Compensation of current officers, directors, key employees. | $3,080 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,314 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,340 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,801 |
| Office expenses | $2,518 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,418 |
| Travel | $842 |
| 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 | $7,960 |
| Insurance | $3,716 |
| All other expenses | $532 |
| Total functional expenses | $61,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $422,119 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,670 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $186,075 |
| Total assets | $608,194 |
| 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 | $608,194 |
| 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 | $608,194 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rocky Mountain Motorcycle Museum & Hall Of Fame has recieved totaling $46.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Science Museum Oklahoma Inc Oklahoma City, OK | $87,882,272 | $6,278,809 |
Heard Museum Phoenix, AZ | $36,442,009 | $14,120,125 |
The Arts And Recreation Foundation Of Overland Park Inc Overland Park, KS | $7,303,812 | $3,542,683 |
Gilcrease Museum Management Trust Tulsa, OK | $58,936,912 | $9,269,478 |
Exploration Place Inc Wichita, KS | $29,741,149 | $4,435,159 |
Cosmosphere Inc Hutchinson, KS | $12,276,263 | $5,989,265 |
Indian Pueblo Cultural Center Inc Albuquerque, NM | $8,961,229 | $4,518,580 |
National Museum Of Wildlife Art Of The United States Jackson, WY | $41,741,861 | $4,638,003 |
The Leonardo Salt Lake City, UT | $1,888,403 | $4,555,150 |
Childrens Museum Of Phoenix Phoenix, AZ | $9,716,806 | $7,301,894 |
National Museum Of Military Vehicles Dubois, WY | $44,269,511 | $10,295,733 |
Scottsdale Museum Of The West Inc Scottsdale, AZ | $7,668,852 | $7,750,587 |