Overview
What is The Shelby American Collection?
The Shelby American Collection is a nonprofit organization situated in Boulder, Colorado, with a limited workforce of just two individuals. Their mission is to commemorate and preserve the pivotal role of iconic American vehicles such as the Cobra, Shelby Mustang, and Ford GT 40 in the transformation of auto racing during the 1960s. By displaying these significant automobiles at their Boulder museum, along with complementary race records, photographs, memorabilia, and tributes to influential drivers and innovators like Carroll Shelby, Ken Miles, and Phil Hill, they serve as a valuable resource for automotive enthusiasts worldwide. The museum also functions as a platform to preserve and honor this essential era in American automotive history for future generations.
Official website here: www.shelbyamericancollection.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
The Shelby American Collection has received a low rating of 52%, which signifies notable concerns in its accountability and financial management practices. The organization has demonstrated a strong program expense ratio of 83.19%, indicating that a significant portion of its resources is directed towards its mission-related activities. However, this positive aspect is overshadowed by the lack of independent board members and the absence of critical financial documentation, which raises questions about governance and transparency.
Key shortcomings include the absence of independent board members and missing policies such as conflict of interest, whistleblower, and document retention policies. Furthermore, the organization has not provided financial statements, leading to a lack of clarity about its financial operations. The failure to maintain minutes from board meetings and not posting the tax form on the nonprofit's website also contribute to a perception of poor oversight.
Overall, while The Shelby American Collection does allocate a considerable amount of its expenses to programs, the significant gaps in governance and accountability practices highlighted by its low rating warrant a cautious approach for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Shelby American Collection?
96% of 372 reviewers on Facebook recommend The Shelby American Collection. Here is a summary of their reviews:
Many visitors highlight their deep appreciation for the wealth of history showcased in the collection, particularly those with a passion for classic cars and the Shelby legacy. Comments often reflect a sense of wonder as guests explore the impressive lineup of vehicles and memorabilia. Personal interactions with knowledgeable staff members, such as guided tours, enhance the experience, leaving a lasting impression on attendees.
Overall, the sentiment surrounding The Shelby American Collection is overwhelmingly positive. People express gratitude for the opportunity to connect with automotive history and learn from experts, indicating that the nonprofit effectively fulfills its mission of preserving and sharing the legacy of Carroll Shelby and his iconic cars.
This AI summary has been generated from reviews found on Facebook.
Is The Shelby American Collection legitimate?
The Shelby American Collection is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Shelby American Collection 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.shelbyamericancollection.org
What is the mission statement of The Shelby American Collection?
The Shelby American Collection is committed to honoring the revolutionary era of auto racing in the 1960s, marked by the Cobra, Shelby Mustang, and Ford GT 40 vehicles. Through the generous contributions of collectors and owners, the museum showcases some of the most significant American cars of all time. Alongside these vehicles, the collection features a vast array of race records, historic photographs, memorabilia, and tributes to the influential drivers and innovators of the era. The museum and its associated website serve as a valuable resource for all automotive enthusiasts, aiming to preserve and celebrate this pivotal period in American automotive history for future generations.
Official website here: www.shelbyamericancollection.org
What is the revenue of The Shelby American Collection?
The Shelby American Collection's revenue in 2023 was $1,195,742.
Official website here: www.shelbyamericancollection.org
Who are the executives of The Shelby American Collection and what are their salaries?
The average compensation at The Shelby American Collection during 2023 was $40,000. There are 2 employees at The Shelby American Collection.
Here are 2 key members and their salaries:
- Compensation: $40,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.shelbyamericancollection.org
Where can I find the form 990 for The Shelby American Collection?
The Shelby American Collection's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.shelbyamericancollection.org
Learn more at the official website: www.shelbyamericancollection.org
Mission Statement of The Shelby American Collection
The Shelby American Collection, a notable entity, is dedicated to honoring and commemorating the influential Cobra, Shelby Mustang, and Ford GT 40 vehicles that revolutionized the auto racing landscape in the 1960s. Through the kindness of collectors and owners, this organization showcases some of the most significant American automobiles ever crafted, housed in its Boulder museum. Alongside these iconic vehicles, The Shelby American Collection boasts an extensive collection of historical race records, photographs, memorabilia, and tributes to the visionary drivers and pioneers of the era, such as Carroll Shelby, Ken Miles, Dan Gurney, Bob Bondurant, Phil Hill, and Phil Remington, among others, who were all integral members of the Shelby American Team.
In line with its mission, The Shelby American Collection serves as a valuable resource for enthusiasts and devotees, providing a wealth of information about this pivotal era in American automotive history. The museum and its accompanying website aim to preserve and celebrate this rich heritage for future generations, ensuring that the legacies of these pioneers and their groundbreaking achievements live on.
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Impact
July, 2024
The Shelby American Collection's impact lies in its celebration of the rich heritage of the Cobra, Shelby Mustang, and Ford GT 40 cars that revolutionized auto racing in the 1960s. Through the display of some of the most significant American cars ever made, along with an extensive collection of race records, period photographs, memorabilia, and tributes to pioneering drivers like Carroll Shelby, Ken Miles, and Dan Gurney, the museum serves as a vital resource for enthusiasts. By preserving and memorializing this crucial era in American automotive history, The Shelby American Collection ensures that the legacy of these iconic vehicles and the visionaries behind them endures for all generations.
This information is meant to be a general summary of The Shelby American Collection. 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 2023.
- Investment Income: $23,188
- Program Service Revenue: $135,134
- Gross Receipts: $1,398,612
Assets and Liabilities:
- Total Assets: $2,935,972
- Total Liabilities: $129
- Net Assets: $2,935,843
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Museum Income
Revenue
$135,134
Organization Details
Founding Year
1996
Principal Officer
Steven B Volk
NTEE Category
Code: A59Z - Arts
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