Nethercutt Collection
- Assets
- $69.3m
- Revenue
- $481.3k
- Investments
- $27.9m
- Employees
- 0
- Location
- Sylmar, CA
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 95-4442622
Organization Overview
Nethercutt Collection is located in Sylmar, CA. The organization was established in 1994. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nethercutt Collection 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, Nethercutt Collection generated $481.3k 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 (17.4%) each year. All expenses for the organization totaled $742.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NETHERCUTT COLLECTION IS A MUSEUM FEATURING AN EXTENSIVE COLLECTION OF ANTIQUES AND CLASSIC AUTOMOBILES, AN AUTOMOBILE LIBRARY,MECHANICAL MUSICAL INSTRUMENTS.
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 |
|---|---|---|---|
Helen Nethercutt Director | 1 | $0 | |
Jack B Nethercutt II Pres/chairman | 2 | $0 | |
Travis Richards Director | 1 | $0 | |
Bruce Meyer Director | 1 | $0 | |
William Bullis Director | 1 | $0 | |
Robert C Baker Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $183,000 |
| Interest on Savings | $289,723 |
| 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 | $8,567 |
| Other Income | $0 |
| Total Revenue | $481,290 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $189,560 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $186,161 |
| Occupancy | $92,000 |
| Travel, conferences, and meetings | $491 |
| Printing and publications | $0 |
| Other expenses | $273,761 |
| Total operating and administrative expenses | $741,973 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $741,973 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,579,093 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $27,858,597 |
| Net Land, buildings, and equipment | $5,633,363 |
| Other assets | $25,231,792 |
| Total assets | $69,302,845 |
| Accounts payable and accrued expenses | $285,167 |
| 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 | $285,167 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Common Sense Media San Francisco, CA | $40,167,265 | $41,899,008 |
Plusoneplusoneplusone San Francisco, CA | $5,684,709 | $11,808,551 |
Childrens Cancer Association Portland, OR | $5,324,937 | $6,576,998 |
Nevada Urban Indians Inc Reno, NV | $1,731,908 | $3,144,359 |
Wallowa Resources Enterprise, OR | $1,481,576 | $2,430,712 |
Maui County Community Television Inc Kahului, HI | $4,912,699 | $2,059,927 |
The Kuhn Foundation Santa Monica, CA | $12,029,147 | $2,231,432 |
Business Arts Plaza Inc Burbank, CA | $87,991,215 | $6,547,572 |
Nevada Rural Counties Rsvp Program Inc Carson City, NV | $434,499 | $1,716,339 |
Rancho Los Cerritos Foundation Long Beach, CA | $2,512,679 | $1,540,496 |
W O L F Moorpark, CA | $765,817 | $1,467,427 |
Create Academy Inc Tempe, AZ | $184,127 | $1,377,364 |