STURGIS MOTORCYCLE MUSEUM & HALL OF FAME

EIN: 460460001 501(c)(3) Arts, Culture & Humanities

STURGIS, SD

Total Revenue
$522,600
Total Expenses
$532,885
Total Assets
$1,297,873
Net Assets
$920,369
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
SD
Principal Officer
HEIDI HARO
Phone
6053474720
Tax Period
2024-01-01 to 2024-12-31

STURGIS MOTORCYCLE MUSEUM AND HALL OF FAME INC, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $310K in total revenue in fiscal year 2019. Revenue decreased 15% compared to the prior year.

Mission

COLLECT, PRESERVE AND INTERPRET THE HISTORY OF MOTORCYCLING, HONOR THOSE WHO HAVE MADE A POSITIVE AND SIGNIFICANT IMPACT ON THE INDUSTRY.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $148,977
Program Service Revenue $208,257
Investment Income $5,929
Other Revenue $159,437
TOTAL REVENUE $522,600

Expense Breakdown

Grants Paid $0
Salaries & Benefits $243,772
Fundraising Expenses $54,944
Program Expenses $407,264
Other Expenses $289,113
TOTAL EXPENSES $532,885

Year-over-Year Comparison

2024 2023 Change
Revenue $522,600 $552,486 -0.1%
Expenses $532,885 $443,835 +0.2%
Net Income $-10,285 $108,651 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
16
Volunteers
18

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
5
$87,353
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEIDI HARO EXECUTIVE DI 40.00
Officer
$87,353 $0 $87,353
PAUL FOSDYCK PRESIDENT 20.00
Officer Director
$0 $0 $0
IRVING STONE VICE PRESIDE 1.00
Officer Director
$0 $0 $0
KEITH BALL SECRETARY 20.00
Officer Director
$0 $0 $0
DARCY HARBOTT TREASURER 1.00
Officer Director
$0 $0 $0
LANCE SCHERER CITY REP 1.00
Director
$0 $0 $0
KEITH TERRY BOARD MEMBER 10.00
Director
$0 $0 $0
CRAIG BAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
VINNY TERRANOVA BOARD MEMBER 1.00
Director
$0 $0 $0
ROD WOODRUFF BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES POTTS BOARD MEMBER 1.00
Director
$0 $0 $0
TIM SUTHERLAND BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT JACOBS BOARD MEMBER 1.00
Director
$0 $0 $0
KIRK WILLARD BOARD MEMBER 1.00
Director
$0 $0 $0
ARI LEVENBAUM BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT PETERSON BOARD MEMBER 1.00
Director
$0 $0 $0
MARILYN STEMP BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE PIEHL BOARD MEMBER 3.00
Director
$0 $0 $0
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 $522,600 $532,885 $1,297,873 $-10,285
2023 $552,486 $443,835 $1,309,163 $108,651
2022 $403,810 $384,548 $1,216,785 $19,262
2021 $548,052 $392,019 $1,214,883 $156,033
2020 $411,833 $361,236 $1,069,337 $50,597
2019 $309,856 $322,094 $1,039,717 $-12,238
Explore More Nonprofits
Top 100 Nonprofits in South Dakota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare STURGIS MOTORCYCLE MUSEUM & HALL OF FAME with other nonprofits in South Dakota and across the country.