National Automotive and Truck Museum of the United States Inc

Analysis

National Automotive and Truck Museum of the United States Inc is a registered charity in United States, based in Auburn, IN. It received its IRS tax-exemption ruling in October 1990, 36 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, National Automotive and Truck Museum of the United States Inc reported income of $370k and spending of $257k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $370k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Automotive and Truck Museum of the United States Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Altoona Community Theatre ($370k), Cangelosi Dance Project Inc ($370k) and East Tennessee Historical Society Foundation ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $25k (9.7% of expenses). Other salaries and wages came to $45k. At year end it held assets of $1.3m against liabilities of $174k, net assets of $1.1m. It reported 4 employees.