SARASOTA CLASSIC CAR MUSEUM INC

EIN: 650896301 501(c)(3)

SARASOTA, FL

Total Revenue
$-112,236
Total Expenses
$363,630
Total Assets
N/A
Net Assets
N/A
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
FL
Principal Officer
MARTIN GODBEY
Phone
9413556228
Tax Period
2025-01-01 to 2025-06-30

SARASOTA CLASSIC CAR MUSEUM INC, founded in 1998, is a micro nonprofit that reported $112K in total revenue in fiscal year 2025. Revenue fell 123% from the prior year — a significant decline worth monitoring.

Mission

THE SARASOTA CLASSIC CAR MUSEUM (SCCM) EXISTS TO ACQUIRE, PRESERVE AND EXHIBIT THE EVOLUTIONARY, DWINDLING CARS OF THE 20TH CENTURY. WE SEEK TO PROVIDE A FOUNDATION FOR SCHOLARLY RESEARCH AND LEARNING PROGRAMS THAT INSPIRE AN INTEREST IN AND UNDERSTANDING OF THE IMPACTS OF THE AUTOMOBILE UPON LIFE IN AMERICA. THE MUSEUM BUILDING IS THE SAME BUILDING FROM 1953 THAT WAS CONVERTED FROM THE OLD STABLE DESIGN TO A CAR BARN WITH RUSTIC BEAMS AND ANTIQUE BRONZE LIGHTING. BECAUSE IT IS THE SAME BUILDING FROM 1953 BEING 50,000 SQUARE FEET, IT REQUIRES A LOT OF MAINTENANCE AND UPKEEP. TO STAY OPERATIONAL, SCCM NEEDS TO BE ABLE TO RECRUIT VOLUNTEER HELP, AUTOMOBILE DONATIONS AND FINANCIAL SUPPORT TO SURVIVE. ADMISSION ALONE DOES NOT MAINTAIN THE ENTIRE ENTITY. AUTOMOBILES DATE BACK TO THE EARLY 1900'S INCLUDING AUTOS FROM 1905 - 1908. SOME OF THESE AUTOS ARE THE SAME THAT WERE PRESENT WHEN THE HORN BROTHERS ORIGINALLY OPENED THE MUSEUM. THE AUTOS ARE DISPLAYED IN A TIMELINE IN ORDER TO GIVE THE A

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-127,162
Other Revenue $14,926
TOTAL REVENUE $-112,236

Expense Breakdown

Grants Paid $38,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $355,630
Other Expenses $325,630
TOTAL EXPENSES $363,630

Year-over-Year Comparison

2025 2024 Change
Revenue $-112,236 $493,120 -1.2%
Expenses $363,630 $532,626 -0.3%
Net Income $-475,866 $-39,506 +11.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTIN GODBEY DIRECTOR N/A
Officer Director
$0 $0 $0
BLAKE GODBEY TREASURER N/A
Officer
$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
2025 $-112,236 $363,630 No data $-475,866
2024 No data No data No data No data
2023 $876,012 $410,681 $842,777 $465,331
2022 $552,071 $385,201 $726,577 $166,870
2021 $935,580 $325,320 $478,945 $610,260
2020 $353,655 $334,360 $65,412 $19,295
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