Automobile Driving Museum

Analysis

Automobile Driving Museum is a registered charity in United States, based in El Segundo, CA. It received its IRS tax-exemption ruling in April 2003, 23 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, Automobile Driving Museum reported income of $568k and spending of $817k, spending 144% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $158k to $568k (+260%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 172% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Automobile Driving Museum sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Carlisle Communications Inc ($568k), International Society of Political Psychology Inc ($568k) and Mr Mo Project Senior Dog Rescue Inc ($568k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 45% of the total. Other salaries and wages came to $338k. At year end it held assets of $4.1m against liabilities of $403k, net assets of $3.7m. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.