Overview
What is The Harrah Automobile Foundation National Automobile Museum?
The Harrah Automobile Foundation National Automobile Museum, situated in Reno, Nevada, at 1 Museum Drive, is a vibrant nonprofit institution dedicated to preserving and showcasing the evolution of automobiles in American society. With a mission to maintain this historical collection for future generations, the museum welcomes over 62,950 visitors annually, offering them an immersive experience of special exhibits, educational programs, and its extensive automobile collection. The museum's 27 dedicated employees work tirelessly to ensure the preservation and continuation of this significant piece of American history.
Official website here: www.automuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
The Harrah Automobile Foundation National Automobile Museum has received an 86% rating, indicating a solid performance in terms of accountability and finance. This score is derived entirely from the Accountability & Finance category, showcasing the organization's commitment to transparency and responsible financial management.
Strengths of the organization include a comprehensive audit and oversight committee, along with robust policies for conflict of interest and whistleblower protections. The museum has demonstrated effective financial practices, with no material diversion of assets and a healthy liabilities to assets ratio. Its program expense ratio indicates a significant portion of funds goes directly to its mission, which is a positive sign for potential donors.
While the overall rating reflects strong accountability, the single-beacon score suggests that other areas of performance have not been publicly assessed. Therefore, further evaluation of programmatic impact and community engagement could provide a more holistic view of the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Harrah Automobile Foundation National Automobile Museum legitimate?
The Harrah Automobile Foundation National Automobile Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Harrah Automobile Foundation National 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: $94,823
Professional Fundraising Fees: $0
Other Salaries and Wages: $569,694
For more financial information, click here
Official website here: www.automuseum.org
What is the mission statement of The Harrah Automobile Foundation National Automobile Museum?
The Harrah Automobile Foundation National Automobile Museum's mission is centered around preserving automobiles for future generations. Their primary objective is to showcase the significant impact of automobiles on American society. By collecting and preserving these vehicles, they aim to tell compelling stories that educate and engage individuals. The museum, open 363 days a year, welcomes over 62,950 visitors annually, offering them the opportunity to explore the collection, special exhibits, and educational programs.
Official website here: www.automuseum.org
What is the revenue of The Harrah Automobile Foundation National Automobile Museum?
The Harrah Automobile Foundation National Automobile Museum's revenue in 2023 was $3,698,198.
Official website here: www.automuseum.org
Who are the executives of The Harrah Automobile Foundation National Automobile Museum and what are their salaries?
The average compensation at The Harrah Automobile Foundation National Automobile Museum during 2023 was $24,612. There are 27 employees at The Harrah Automobile Foundation National Automobile Museum.
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- Compensation: $94,823
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Official website here: www.automuseum.org
Where can I find the form 990 for The Harrah Automobile Foundation National Automobile Museum?
The Harrah Automobile Foundation National Automobile Museum's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.automuseum.org
Learn more at the official website: www.automuseum.org
Mission Statement of The Harrah Automobile Foundation National Automobile Museum
The Harrah Automobile Foundation National Automobile Museum is dedicated to a significant mission. Its primary objective is to gather and preserve automobiles, serving as a testament to their impact on American society for future generations. By doing so, the museum aims to narrate the profound influence of automobiles on the societal fabric of America. Visitors to this esteemed institution can immerse themselves in the collection, special exhibits, and educational programs, gaining a deeper appreciation for the role of automobiles in shaping our history. The museum welcomes a substantial number of visitors annually, extending admission to 62,950 individuals, thereby enabling a wide audience to engage with this historical narrative.
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Impact
July, 2024
The Harrah Automobile Foundation National Automobile Museum in Reno, NV, plays a significant role in preserving the history and impact of the automobile on American society. The museum's mission to collect and preserve automobiles for future generations helps educate visitors about the evolution of automotive technology and its cultural significance. With an annual attendance of around 62,950 visitors, the museum provides a unique experience through its collection, special exhibits, and educational programs. By showcasing historical automobiles, the museum contributes to the appreciation and understanding of America's automotive heritage.
This information is meant to be a general summary of The Harrah Automobile Foundation National 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 2023.
- Investment Income: $63,938
- Program Service Revenue: $1,051,643
- Gross Receipts: $3,811,354
Assets and Liabilities:
- Total Assets: $37,643,200
- Total Liabilities: $382,940
- Net Assets: $37,260,260
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSEUM ADMISSIONS
Revenue
$695,466
SPECIAL EVENTS
Revenue
$346,039
RESEARCH REVENUE
Revenue
$10,138
Organization Details
Founding Year
1981
Principal Officer
Philip Macdougall
Website
www.automuseum.orgNTEE Category
Code: A50 - Arts
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