Overview
What is Saratoga Automobile Museum?
The Saratoga Automobile Museum, situated in Saratoga Springs, New York, is a nonprofit organization dedicated to preserving and showcasing automobiles and related artifacts. This is achieved through volunteer efforts in repairing, cleaning, and maintaining the vehicles. The museum serves as an educational platform by offering programs and employing knowledgeable docents who engage with visitors, sharing historical insights and the significance of the displayed automobiles, including those from New York's rich racing heritage. With a team of 12 dedicated individuals, the Saratoga Automobile Museum plays a vital role in preserving and interpreting the automobile's cultural and technological impact.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The organization has a solid foundation in governance, with 100% of its board members being independent. It also demonstrates effectiveness in asset management, maintaining a low liabilities to assets ratio of 7.62%, indicating a stable financial position.
However, the Saratoga Automobile Museum has some shortcomings in transparency and financial reporting. The absence of financial statements and the lack of vital documents on their website, such as their tax form, have significantly impacted their overall accountability and finance score. This may hinder potential donors from fully understanding the organization’s financial health.
Despite these limitations, the museum shows a commitment to good governance practices by implementing policies for conflict of interest, whistleblowing, and document retention. The high percentage of program expenses (64.81%) suggests that a substantial portion of their funds is directed towards their mission-related activities, which is a positive aspect for potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Saratoga Automobile Museum legitimate?
Saratoga Automobile Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saratoga Automobile Museum submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $106,468
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Saratoga Automobile Museum?
The Saratoga Automobile Museum's mission is centered around preserving, interpreting, and exhibiting automobiles and related artifacts. This is achieved through various programs and the involvement of volunteers who ensure the restoration, cleaning, and maintenance of the automobiles. The museum also serves an educational purpose by engaging the public through knowledgeable staff and docents. They share insights about the history and significance of the automobiles on display, both in temporary exhibits and the museum's permanent collection, which includes vehicles built or raced in New York.
Who is the CEO of Saratoga Automobile Museum?
Y Scott Lansing is the Chairman & Trustee of Saratoga Automobile Museum.
What is the revenue of Saratoga Automobile Museum?
Saratoga Automobile Museum's revenue in 2022 was $1,495,730.
Who are the executives of Saratoga Automobile Museum and what are their salaries?
The average compensation at Saratoga Automobile Museum during 2022 was $8,872. There are 12 employees and 100 volunteers at Saratoga Automobile Museum.
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- Compensation: $106,468
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Where can I find the form 990 for Saratoga Automobile Museum?
Saratoga Automobile Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Saratoga Automobile Museum
The Saratoga Automobile Museum's mission revolves around the preservation, interpretation, and exhibition of automobiles and related artifacts. This esteemed institution dedicates its resources to preserving automobiles through various programs and volunteer efforts, ensuring their restoration, cleaning, and maintenance. The museum serves as an educational platform, engaging the public through knowledgeable program facilitators and docents who share the historical significance and value of the displayed automobiles, as well as those included in the permanent exhibit, which showcases automobiles built or raced in New York. The Saratoga Automobile Museum plays a vital role in preserving automotive history and cultivating an appreciation for the art and craftsmanship that have shaped the automobile industry.
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Impact
October, 2024
The Saratoga Automobile Museum plays a vital role in preserving the automotive heritage and history of New York. By showcasing a diverse collection of automobiles and related artifacts, the museum educates the public about the significance of these vehicles, many of which were built or raced in the state. Through engaging programs and knowledgeable docents, visitors gain insights into the cultural and technological developments represented by the automobiles on display.
Furthermore, the museum’s commitment to restoration and maintenance, supported by dedicated volunteers, ensures that these historical artifacts remain in excellent condition for future generations. This hands-on approach not only keeps the vehicles pristine but also fosters a deeper appreciation for automotive craftsmanship and innovation among the community. The museum serves as a hub of learning and engagement, enriching Saratoga Springs with its unique contributions to the arts and history of automobiles.
This information is meant to be a general summary of Saratoga Automobile Museum. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,924
- Program Service Revenue: $361,595
- Gross Receipts: $2,271,715
Assets and Liabilities:
- Total Assets: $3,999,612
- Total Liabilities: $304,794
- Net Assets: $3,694,818
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ERTC
Revenue
$138,708
Admission Donations
Revenue
$222,887
Organization Details
Founding Year
1999
Phone
(518) 587-1935Principal Officer
Y Scott Lansing
Main Address
110 Avenue of the Pines, Saratoga Springs, NY, 12866
NTEE Category
Code: A540 - Arts
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