Canton Classic Car Museum
- Assets
- $3.1m
- Revenue
- $186.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Canton, OH
- Founding
- 02/1995
- Data as of
- 12/2021
- EIN
- 34-1782134
Organization Overview
Canton Classic Car Museum is located in Canton, OH. The organization was established in 1995. According to its NTEE Classification (A56) the organization is classified as: Natural History & Natural Science Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canton Classic Car Museum 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, Canton Classic Car Museum generated $186.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $69.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN AND OPERATE THE CANTON CLASSIC CAR MUSEUM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy S Belden Treasurer | 0 | $0 | |
Susan Ann Belden Secretary | 0 | $0 | |
Marshall B Belden Jr President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $186,869 |
| Interest on Savings | $7 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $186,876 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,965 |
| Depreciation | $20,715 |
| Occupancy | $8,194 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35,845 |
| Total operating and administrative expenses | $69,015 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $69,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,738 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $64,072 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $479,874 |
| Other assets | $2,447,382 |
| Total assets | $3,117,066 |
| Accounts payable and accrued expenses | $81,351 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $81,351 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Canton Classic Car Museum has recieved totaling $186,869.
| Awarding Organization | Amount |
|---|---|
Stark Community Foundation Inc Canton, OH PURPOSE: GENERAL SUPPORT | $186,869 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dayton Society Of Natural History Dayton Museum Of Natural History Dayton, OH | $20,462,095 | $5,232,570 |
Delaware And Lehigh National Heritage Corridor Inc Easton, PA | $5,340,261 | $2,619,266 |
Steam Into History Inc New Freedom, PA | $6,099,078 | $1,816,978 |
North Museum Corporation Lancaster, PA | $3,613,910 | $737,297 |
Friends Of Garfield Park Inc Indianapolis, IN | $1,492,001 | $233,735 |
Kingman Museum Inc Battle Creek, MI | $48,424 | $205,908 |
Miller-Empey Natural Sciencesfoundation Commerce Township, MI | $1,664,611 | $68,564 |
Canton Classic Car Museum Canton, OH | $3,117,066 | $186,876 |
Ben E Clement Mineral Museum Inc Marion, KY | $96,845 | $52,471 |
Harrison County West Virginia Historical Society Inc Clarksburg, WV | $126,638 | $0 |
Historic Trinity Inc Detroit, MI | $159,825 | $0 |
Philadelphia Vietnam Veterans Memorial Advisory Fund Philadelphia, PA | $90,787 | $69,883 |