Overview
What is 450 Muscle Car Museum Inc?
450 Muscle Car Museum Inc is a nonprofit organization dedicated to enriching public knowledge by restoring and refurbishing muscle cars. Their main objective is to promote cultural education. They accomplish this by not only restoring these classic vehicles but also prepping their exhibition space, ensuring a captivating display. By doing so, this museum serves as an educational platform for the community, showcasing the history and allure of muscle cars.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
450 Muscle Car Museum Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The 94% score indicates that the organization is well-managed and transparent in its financial practices. This rating is primarily based on their accountability and finance metrics, which highlight the charity's commitment to maintaining robust governance and ethical standards.
One of the notable strengths of 450 Muscle Car Museum is its independent board composition, with all ten board members being independent, which enhances the integrity of its governance. The organization has demonstrated excellent financial practices, evidenced by a 100% program expense ratio, meaning that all funds are directed towards its mission. Additionally, the absence of any material diversion of assets and the presence of comprehensive policies for conflicts of interest and whistleblower protections further bolster its credibility.
While the charity stands out in terms of financial health and governance, it's important for potential donors and supporters to consider how the organization communicates its mission and impact. Overall, 450 Muscle Car Museum Inc exemplifies a well-structured nonprofit that prioritizes accountability and effective resource allocation.
This AI summary has been generated from information found on Charity Navigator.
Is 450 Muscle Car Museum Inc legitimate?
450 Muscle Car Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 450 Muscle Car 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of 450 Muscle Car Museum Inc?
The 450 Muscle Car Museum Inc is dedicated to promoting cultural education to the public. They accomplish this mission by engaging in the process of restoring and refurbishing muscle cars, as well as meticulously arranging their showroom for public viewing. This hands-on approach to preserving automotive history serves as an educational tool, fostering an appreciation for the evolution of muscle cars and their significant role in American culture.
Who is the CEO of 450 Muscle Car Museum Inc?
Scott Bailey is the President of 450 Muscle Car Museum Inc.
What is the revenue of 450 Muscle Car Museum Inc?
450 Muscle Car Museum Inc's revenue in 2022 was $79,733.
Who are the executives of 450 Muscle Car Museum Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for 450 Muscle Car Museum Inc?
450 Muscle Car Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 450 Muscle Car Museum Inc
The 450 Muscle Car Museum Inc is committed to enriching public knowledge through its mission. This esteemed organization achieves this goal by focusing on the restoration and improvement of muscle cars. Moreover, it meticulously prepares its showroom to showcase these refurbished vehicles, thereby contributing to the cultural education of visitors. By engaging in these activities, the 450 Muscle Car Museum Inc plays a significant role in fostering an appreciation for the history and artistry of muscle cars, thereby providing a unique and enlightening experience for the general public.
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Impact
August, 2024
450 Muscle Car Museum Inc's impact lies in providing cultural education to the public through the preservation and showcasing of muscle cars. By preparing and repairing these iconic vehicles, as well as maintaining a well-curated showroom, the museum offers a unique platform for enthusiasts and visitors to delve into the rich history and significance of muscle cars. This hands-on approach not only educates individuals about automotive heritage but also promotes an appreciation for the artistry and craftsmanship behind these machines. Through its mission, 450 Muscle Car Museum Inc contributes to enriching the cultural landscape of CLAREMORE, OK, and engaging audiences with a distinctive blend of art and engineering.
This information is meant to be a general summary of 450 Muscle Car 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 2022.
- Gross Receipts: $79,733
Assets and Liabilities:
- Total Assets: $345,500
- Total Liabilities: $0
- Net Assets: $345,500
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Organization Details
Founding Year
2020
Principal Officer
Scott Bailey
Main Address
7254 E 450 Rd, Claremore, OK, 74017
NTEE Category
Code: A50 - Arts
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