Public Charity

AUDRAIN AUTOMOBILE MUSEUM INC

AUDRAIN AUTOMOBILE MUSEUM INC is a Public Charity headquartered in MIDDLETOWN, RI. Financial data from the 2024 filing: $2.9M revenue, $2.8M expenses, $5.4M total assets. 21 publicly reported grants to this organization, totaling roughly $813K, appear in IRS filings.

EIN: 471918005 MIDDLETOWN, RI History Museums NTEE: A54 Latest filing: 2024
Total Revenue$2.9M
Total Expenses$2.8M
Total Assets$5.4M
Grant Records21
Funding Total$813K
Filing Years2020–2024

Mission

TO CONDUCT CHARITABLE AND EDUCATIONAL ACTIVITIES TO PROMOTE AND ADVANCE THE PUBLIC'S INTEREST IN A PUBLIC MUSEUM TO PRESERVE AND PRESENT AUTOMOTIVE HISTORY.

Where $100 goes at Audrain Automobile Museum Inc

How Audrain Automobile Museum Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$33 Programs the work itself
$46 Management running the organization
$21 Fundraising raising the next dollar

Inside the $33 for programs

$17
The organization operates a museum devoted to the appreciation of historical, classical, collectible and modern cars
50% of program spending
$16
The organization, through its wholly owned subsidiary, audrain concours foundation, LLC annually produces and hosts the "audrain newport concours and motor week," a car centric experience in newport…
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
GENERAL SUPPORT
$100,000
2024
For grant recipient's exempt purposes
$80,000
2024
TO ASSIST IN THE CHARTIABLE PURPOSE OF THE ORGANIZATION.
$35,000
2024
ARTS, CULTURE & HUMANITIES
$12,000
2023
For grant recipient's exempt purposes
$75,910

Showing up to 5 of 21 total records — full history available with membership.

Officers & Directors

EXECUTIVE DIRECTOR David De Muzio
DIRECTOR Edward M Weil Jr
DIRECTOR, SECRETARY John T Boxer
TREASURER M Benjamin Mercer
DIRECTOR, PRESIDENT Nicholas S Schorsch
DIRECTOR Nicholas S Schorsch Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$757,880 16 grants
Arts & Culture
$55,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.9M $2.8M $5.4M
2023 $2.6M $1.8M $3.8M
2022 $2.7M $3.4M $3.7M
2020 $3.1M $2.5M $2.9M

Between 2020 and 2024, reported annual revenue declined from $3.1M to $2.9M (-5%), with total assets most recently reported at $5.4M.

Interactive year-over-year charts and full filing details available with membership.

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