Indianapolis Automobile Trade Association is located in Indianapolis, IN. The organization was established in 1985. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianapolis Automobile Trade Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Indianapolis Automobile Trade Association generated $246.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $429.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUPPORT THE AUTOMOBILE INDUSTRY IN THE INDIANAPOLIS METROPOLITAN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE AUTOMOBILE INDUSTRY AND PROVIDE INFORMATION TO MEMBERS. THIS INCLUDES HOSTING THE ANNUAL INDIANAPOLIS AUTO SHOW AS WELL AS AN ANNUAL GOLF OUTING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marty Murphy Executive Vice President | Officer | 10 | $216,097 |
Steve Baker Director | Trustee | 1 | $0 |
John Colglazier Director | Trustee | 1 | $0 |
Jonathan Skillman Director | Trustee | 1 | $0 |
Robert Kennedy-Edwards Immediate Past President | Trustee | 1 | $0 |
Brian Miller Preisdent | OfficerTrustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $29,900 |
| Investment income | $48,279 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $72,998 |
| Net Income from Fundraising Events | $2,741 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $246,139 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,615 |
| 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. | $184,626 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,337 |
| Fees for services: Management | $25,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,527 |
| Fees for services: Lobbying | $1,808 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,939 |
| Fees for services: Other | $2,295 |
| Advertising and promotion | $92,221 |
| Office expenses | $39,114 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,169 |
| Travel | $1,844 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,160 |
| Interest | $5,335 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,903 |
| All other expenses | $911 |
| Total functional expenses | $429,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,484 |
| Savings and temporary cash investments | $64,251 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $3,266 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,890,069 |
| Investments—other securities | $3,670,714 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,656 |
| Total assets | $5,711,440 |
| Accounts payable and accrued expenses | $98,272 |
| 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 | $0 |
| Total liabilities | $98,272 |
| Net assets without donor restrictions | $5,613,168 |
| Net assets with donor restrictions | $0 |
| 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 | $5,711,440 |