CLASSIC CAR CLUB OF AMERICA MUSEUM INC

EIN: 222416022 501(c)(3) Arts, Culture & Humanities

HICKORY CORNERS, MI

Total Revenue
$379,086
Total Expenses
$456,800
Total Assets
$11,319,236
Net Assets
$10,310,943
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MI
Principal Officer
GREG KOSMATKA
Phone
2696715333
Tax Period
2023-01-01 to 2023-12-31

CLASSIC CAR CLUB OF AMERICA MUSEUM INC, founded in 1983, is a small nonprofit in the Arts, Culture & Humanities sector that reported $379K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $457K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PRESERVE AND DISPLAY CLASSIC AUTOMOBILES AND RELATED MATERIALS, TO ENCOURAGE PUBLIC INTEREST IN THE DESIGN, MANUFACTURE, AND USE OF SAME, TO EXPLAIN THEIR IMPORTANCE TO AUTOMOBILE HISTORY, AND TO ERECT, EQUIP AND MAINTAIN MUSEUM BUILDINGS AND A LIBRARY TO HOUSE THE COLLECTION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $225,097
Program Service Revenue $0
Investment Income $167,448
Other Revenue $-13,459
TOTAL REVENUE $379,086

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,796
Fundraising Expenses $0
Program Expenses $372,522
Other Expenses $401,004
TOTAL EXPENSES $456,800

Year-over-Year Comparison

2023 2022 Change
Revenue $379,086 $512,302 -0.3%
Expenses $456,800 $406,876 +0.1%
Net Income $-77,714 $105,426 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
1
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
21
$52,083
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CANDACE HAAG PRESIDENT 15.00
Officer Director
$0 $0 $0
CARROL JENSEN VICE PRESIDENT 7.00
Officer Director
$0 $0 $0
GREG STACHURA SECRETARY 7.00
Officer Director
$0 $0 $0
GREG KOSMATKA TREASURER 7.00
Officer Director
$0 $0 $0
LEE BARTHEL TRUSTEE 0.25
Director
$0 $0 $0
TOM BRACE TRUSTEE 0.25
Director
$0 $0 $0
BOB DEFREITAS TRUSTEE 0.25
Director
$0 $0 $0
JEFF DEMAREY TRUSTEE 0.25
Director
$0 $0 $0
HOWARD FREEDMAN TRUSTEE 0.25
Director
$0 $0 $0
DAVID GANO TRUSTEE 0.25
Director
$0 $0 $0
DAN GERNATT JR TRUSTEE 0.25
Director
$0 $0 $0
DONALD GHAREEB TRUSTEE 0.25
Director
$0 $0 $0
DAVID KANE TRUSTEE 0.25
Director
$0 $0 $0
TIANDA MCDONALD TRUSTEE 0.25
Director
$0 $0 $0
EDGAR MINNIE TRUSTEE 0.25
Director
$0 $0 $0
THYM SMITH TRUSTEE 0.25
Director
$0 $0 $0
CHRISTINE SNYDER TRUSTEE 0.25
Director
$0 $0 $0
JERRY STEELMAN TRUSTEE 0.25
Director
$0 $0 $0
CARL ZEIGER TRUSTEE 0.25
Director
$0 $0 $0
VICKI ZEIGER TRUSTEE 0.25
Director
$0 $0 $0
DON DESMETT EXECUTIVE DIRECTOR 40.00
Director
$52,083 $0 $52,083
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $379,086 $456,800 $11,319,236 $-77,714
2022 $512,302 $406,876 $9,548,309 $105,426
2021 $1,671,914 $349,920 $11,042,604 $1,321,994
2020 $1,358,862 $297,489 $9,110,251 $1,061,373
2018 $311,613 $281,436 $6,356,921 $30,177
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