Overview
What is Wheels Through Time Museum Inc?
Wheels Through Time Museum Inc, located in Maggie Valley, North Carolina, serves as a nonprofit organization dedicated to public awareness and education regarding antique cars and motorcycles. With a mission to collect, preserve, and interpret the history of motorcycles, the museum aims to educate visitors about the evolution and significance of these vehicles in society. With a team of 18 individuals, the museum operates and promotes its mission, sharing the rich history and stories behind these iconic machines. Whether you're a history buff, a motorcycle enthusiast, or simply curious, Wheels Through Time Museum Inc offers an engaging and informative experience.
Official website here: www.wheelsthroughtime.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.
Wheels Through Time Museum Inc has received a Two-Star rating from Charity Navigator, indicating potential areas for improvement in accountability and financial management. While the organization shows a strong program expense ratio of 85.94%, suggesting that a significant portion of its expenses is directed towards its mission, the overall score of 67% highlights concerns regarding governance and transparency.
The museum has a fully independent board size, which is a positive aspect, but it lacks a majority of independent board members, affecting its governance effectiveness. Additionally, the organization scored poorly in areas such as financial statements and conflict of interest policies, which may raise questions about its operational practices and oversight.
Despite these limitations, Wheels Through Time Museum maintains a solid liabilities to assets ratio of 20.32%, indicating financial stability. The implementation of certain policies, such as whistleblower protections, is commendable, but the absence of documented board meeting minutes and the posting of tax forms on its website points to a need for better transparency and public access to information.
This AI summary has been generated from information found on Charity Navigator.
Is Wheels Through Time Museum Inc legitimate?
Wheels Through Time Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wheels Through Time Museum Inc 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: $539,493
Professional Fundraising Fees: $0
Other Salaries and Wages: $184,237
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Official website here: www.wheelsthroughtime.com
What is the mission statement of Wheels Through Time Museum Inc?
The Wheels Through Time Museum Inc's mission is centered around collecting, preserving, and interpreting the historical significance of antique cars and motorcycles. Their primary objective is to operate a museum that fosters public awareness and education about these vintage vehicles. The institution aims to promote understanding and appreciation for the rich history of the motorcycle, serving as a platform for knowledge exchange and engagement.
Official website here: www.wheelsthroughtime.com
What is the revenue of Wheels Through Time Museum Inc?
Wheels Through Time Museum Inc's revenue in 2024 was $3,064,903.
Official website here: www.wheelsthroughtime.com
Who are the executives of Wheels Through Time Museum Inc and what are their salaries?
The average compensation at Wheels Through Time Museum Inc during 2024 was $48,249. There are 15 employees at Wheels Through Time Museum Inc.
Here are 10 key members and their salaries:
- Compensation: $209,238
- Related: $0
- Other: $23,583
- Compensation: $174,291
- Related: $0
- Other: $24,348
- Compensation: $69,500
- Related: $0
- Other: $19,598
- Compensation: $74,464
- Related: $0
- Other: $11,556
- Compensation: $12,000
- Related: $0
- Other: $15,812
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wheelsthroughtime.com
Where can I find the form 990 for Wheels Through Time Museum Inc?
Wheels Through Time Museum Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wheelsthroughtime.com
Learn more at the official website: www.wheelsthroughtime.com
Mission Statement of Wheels Through Time Museum Inc
Wheels Through Time Museum Inc is committed to gathering, preserving, and enlightening the public about the history of motorcycles. This nonprofit organization's mission is to establish and promote a museum that fosters public understanding and education regarding antique cars and motorcycles. By operating such a museum, Wheels Through Time Museum Inc aims to spread awareness and knowledge about these historical vehicles, enriching the public's appreciation for their cultural significance.
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Impact
July, 2024
Wheels Through Time Museum Inc has had a significant impact on promoting public awareness and education related to antique cars and motorcycles. Through its collection, preservation, and interpretation of motorcycle history, the museum has become a valuable resource for enthusiasts and the general public alike. By showcasing the rich heritage of these vehicles, Wheels Through Time Museum Inc has helped preserve an important aspect of automotive history and culture. Through its activities and exhibits, the museum has successfully engaged visitors in the fascinating world of antique cars and motorcycles, making a lasting impression on all who explore its collections.
This information is meant to be a general summary of Wheels Through Time Museum Inc. 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 2024.
- Investment Income: $222,026
- Program Service Revenue: $686,705
- Gross Receipts: $4,001,649
Assets and Liabilities:
- Total Assets: $9,023,268
- Total Liabilities: $2,156,710
- Net Assets: $6,866,558
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTERNET PROMOTION
Membership Dues & Assessments
Revenue
$686,705
MUSEUM ADMISSION
VIDEO WEBSITE
Organization Details
Founding Year
2002
Principal Officer
Matthew Walksler
Website
www.wheelsthroughtime.comNTEE Category
Code: A54 - Arts
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