THE MUSEUM OF AUTOMOBILES INC

EIN: 710477370 501(c)(3) Arts, Culture & Humanities

MORRILTON, AR

Total Revenue
$427,912
Total Expenses
$417,521
Total Assets
$1,854,454
Net Assets
$1,823,104
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
AR
Principal Officer
BEULA IVY
Phone
5017275427
Tax Period
2023-01-01 to 2023-12-31

THE MUSEUM OF AUTOMOBILES INC, founded in 1976, is a small nonprofit in the Arts, Culture & Humanities sector that reported $428K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Net assets of $1.8M represent 51 months of operating reserves.

Mission

OUR MISSION IS TO PORTRAY THE EVOLUTION OF THE AUTOMOBILE. OUR PURPOSE IS TO PRESENT AN EDUCATIONAL AND HISTORICAL EXHIBIT, CONSISTING OF FORTY-PLUS VEHICLES, RANGING IN AGE FROM 1904 TO 1981. WE ARE OPEN TO THE PUBLIC YEAR ROUND, SEVEN DAYS A WEEK.

Program Service Accomplishments

Program 1
Expenses: $208,757 Revenue: $107,540

WE DISPLAY FORTY PLUS AUTOMBILES AND MOTORCYCLES, ANTIQUE ARCADE MACHINES, VINTAGE MODELS, VINTAGE STAND ALONE ENGINES TO THE GENERAL PUBLIC. WE ARE OPEN 10AM TO 5PM, 364 DAYS A WEEK, CLOSING ONLY ON...

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WE DISPLAY FORTY PLUS AUTOMBILES AND MOTORCYCLES, ANTIQUE ARCADE MACHINES, VINTAGE MODELS, VINTAGE STAND ALONE ENGINES TO THE GENERAL PUBLIC. WE ARE OPEN 10AM TO 5PM, 364 DAYS A WEEK, CLOSING ONLY ON CHRISTMAS DAY.

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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 $143,848
Program Service Revenue $107,540
Investment Income $56,264
Other Revenue $120,260
TOTAL REVENUE $427,912

Expense Breakdown

Grants Paid $0
Salaries & Benefits $216,025
Fundraising Expenses $125,258
Program Expenses $208,757
Other Expenses $201,496
TOTAL EXPENSES $417,521

Year-over-Year Comparison

2023 2022 Change
Revenue $427,912 $316,620 +0.4%
Expenses $417,521 $381,334 +0.1%
Net Income $10,391 $-64,714 -1.2%
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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
6
Employees
33
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
5
$61,560
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEULA IVY EXECUTIVE DI 50.00
Officer
$12,637 $0 $12,637
RAYMOND HARRILL PRESIDENT 0.50
Officer Director
$0 $0 $0
ROB HARRIS VICE PRESIDE 0.50
Officer Director
$0 $0 $0
JANNA FAWCETT HARRIS SECRETARY/TR 0.50
Officer Director
$0 $0 $0
TOM BROWN BOARD MEMBER 0.50
Director
$0 $0 $0
MELVIN IVY BOARD MEMBER 0.50
Director
$0 $0 $0
WILL ROCKEFELLER BOARD MEMBER 0.50
Director
$0 $0 $0
TONY SALTER BOARD MEMBER 0.50
Director
$0 $0 $0
ALAN E HOELZEMAN FORMER EXEC 50.00
Officer
$44,031 $4,892 $48,923
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 $427,912 $417,521 $1,854,454 $10,391
2022 $316,620 $381,334 $1,818,928 $-64,714
2021 $447,810 $374,888 $2,020,697 $72,922
2020 $259,293 $306,556 $1,872,017 $-47,263
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