Virginia City Motorsports Club

Organization Overview

Virginia City Motorsports Club is located in Virginia City, NV. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia City Motorsports Club 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, Virginia City Motorsports Club generated $124.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $96.6k during the year ending 12/2023. While expenses have increased by 6.0% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3

THE VIRGINIA CITY GRAND PRIX RACE THAT TOOK PLACE IN 2023 FOR APPROX 600 RACERS. THE EVENT RAISES MONEY FROM RACE ENTRY FEES, PREMIUM START POSITION PURCHASES, CAMPING FEES, MERCHANDISE SALES AND MARKETING SUPPORT OPPORTUNITIES. THE COSTS TO PUT ON THE RACE EACH YEAR VARIES.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$102,766
Membership dues$0
Investment income $5
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$124,398

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