Packard Museum Association
- Assets
- $625.5k
- Revenue
- $252.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Warren, OH
- Founding
- 02/1991
- Data as of
- 12/2021
- EIN
- 34-1648683
Organization Overview
Packard Museum Association is located in Warren, OH. The organization was established in 1991. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Packard Museum Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Packard Museum Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Packard Museum Association generated $252.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $185.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A MUSEUM AVAILABLE TO THE PUBLIC THAT PRESERVES THE HISTORY ASSOCIATED WITH THE PACKARD FAMILY, PACKARD ELECTRIC AND THE PACKARD MOTOR CAR COMPANY VIA INTERPRETIVE EXHIBITS, HISTORICAL PROGRAMS, CAR SHOWS AND SPECIAL EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRESERVE THE HISTORY ASSOCIATED WITH THE PACKARD FAMILY, PACKARD ELECTRIC, PACKARD MOTOR CAR COMPANY AND THE INDUSTRIAL HERITAGE OF THE WARREN AREA BY ACCUMULATING AND INTERPRETING ARTIFACTS, ARTICLES, AUTOMOBILES, AND OTHER INFORMATION. SPECIAL EVENTS AND MONTHY EDUCATIONAL PROGRAMS ARE PRESENTED THROUGHOUT THE YEAR INCLUDING AN ANNUAL CAR SHOW AND MOTORCYCLE EXHIBIT DESIGNED TO EDUCATE CURRENT AND FUTURE GENERATIONS ABOUT THE PACKARD LEGACY. IN 2021 THE MUSEUM RECEIVED A 1957 EDITION OF THE PACKARD ELECTRIC AUTOMOTIVE CABLE PRODUCTS CATALOGUE, TWO PACKARD ELECTRIC METAL TERMINAL BOXES, A SPOOL OF PACKARD ELECTRIC HIGH-TENSION CABLE AND AN ORIGINAL CORPORATE LEDGER FROM THE PACKARD ELECTRIC COMPANY CONTAINING FINANCE SCHEDULES FROM 1916 TO 1924.THE MUSEUM OFFERS REGULAR OPERATING HOURS FOR ANYONE TO VISIT AND ALSO GUIDED TOURS. DURING 2021 APPROXIMATELY 9,350 PATRONS VISITED THE MUSEUM AND MUSEUM EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ann Porinchak Executive Dir | Officer | 40 | $60,642 |
Charles Ohlin Dir Ed/research | Officer | 25 | $16,542 |
Scott Andrews Treasurer | OfficerTrustee | 2 | $0 |
William Dennis Jr President | OfficerTrustee | 2 | $0 |
Cindee Mines Secretary | OfficerTrustee | 2 | $0 |
John Marino Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,460 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $67,940 |
| All other contributions, gifts, grants, and similar amounts not included above | $132,305 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,705 |
| Total Program Service Revenue | $30,140 |
| Investment income | $6,995 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$146 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,368 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $252,062 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $77,184 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,593 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,778 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,620 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,138 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,086 |
| Office expenses | $23,683 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,347 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $141 |
| Interest | $7 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,333 |
| Insurance | $517 |
| All other expenses | $0 |
| Total functional expenses | $185,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,824 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,110 |
| Prepaid expenses and deferred charges | $100 |
| Net Land, buildings, and equipment | $393,095 |
| Investments—publicly traded securities | $120,731 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,679 |
| Total assets | $625,539 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,019 |
| Total liabilities | $3,019 |
| Net assets without donor restrictions | $495,373 |
| Net assets with donor restrictions | $127,147 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $625,539 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Packard Museum Association has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Nancy Kaighin Van Fossan Family Foundation Inc Warren, OH PURPOSE: PUBLIC SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $120,790 |
| Earnings | $6,995 |
| Net Contributions | $1,302 |
| Other Expense | $1,940 |
| Ending Balance | $127,147 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Edison Institute Inc Dearborn, MI | $598,342,638 | $88,893,387 |
Conner Prairie Museum Inc Fishers, IN | $11,539,614 | $17,879,069 |
Gettysburg Foundation Gettysburg, PA | $96,770,268 | $15,954,577 |
National Constitution Center Philadelphia, PA | $153,929,623 | $18,487,505 |
Museum Of The American Revolution Philadelphia, PA | $136,106,228 | $14,346,373 |
National Veterans Memorial And Museum Operating Corporation Columbus, OH | $58,052,071 | $6,042,215 |
Shakertown At Pleasant Hill Kentucky Inc Harrodsburg, KY | $23,439,163 | $8,870,243 |
Dayton History Dayton, OH | $68,372,034 | $7,774,649 |
National Underground Railroad Freedom Center Inc Cincinnati, OH | $30,820,781 | $4,231,725 |
Holocaust Memorial Center Farmington Hills, MI | $46,637,236 | $21,925,651 |
Owsley Brown Frazier Historical Arms Museum Foundation Inc Louisville, KY | $43,112,750 | $4,338,107 |
Motown Historical Museum Inc Detroit, MI | $36,344,932 | $14,838,936 |