Auburn Automotive Heritage Inc

Analysis

Auburn Automotive Heritage Inc is a registered charity in United States, based in Auburn, IN. It received its IRS tax-exemption ruling in June 1973, 53 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Auburn Automotive Heritage Inc reported income of $7.7m and spending of $2.8m, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $7.7m (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 322%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Auburn Automotive Heritage Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include The Arkansas Symphony Orchestra Society Inc ($7.7m), Vilar Performing Arts Center Inc ($7.7m) and Colorado Education Initiative ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $146k (5.3% of expenses). Other salaries and wages came to $549k. At year end it held assets of $12.9m against liabilities of $567k, net assets of $12.4m. It reported 41 employees.