Studebaker National Museum Inc

Organization Overview

Studebaker National Museum Inc is located in South Bend, IN. The organization was established in 1983. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Studebaker National Museum Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Studebaker National Museum Inc 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, Studebaker National Museum Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING HOUSING, DISPLAY AND RESTORATION FACILITIES FOR A COLLECTION OF HISTORICAL VEHICLES, ARCHIVES AND VARIOUS ARTIFACTS RELATED TO THE STUDEBAKER AUTOMOBILE CORPORATION AND THE CITY OF SOUTH BEND, INDIANA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO OPERATE A HISTORICAL MUSEUM PROVIDING HOUSING, DISPLAY AND RESTORATION FACILITIES FOR A COLLECTION OF HISTORICAL VEHICLES, ARCHIVES, AND VARIOUS ARTIFACTS RELATED TO THE STUDEBAKER AUTOMOBILE CORPORATION AND THE CITY OF SOUTH BEND, INDIANA.


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Board, Officers & Key Employees

Name (title)Compensation
Patrick Slebonick
Executive Di
$98,121
Thomas Felger
Secretary
$0
Vivian Lavine
2nd Vice Pre
$0
William Panzica
1st Vice Pre
$0
Leo Priemer
President
$0
Patrick Ruszkowski
Snm Fdn. Pre
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$32,285
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$564,859
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$597,144
Total Program Service Revenue$186,621
Investment income $51,458
Tax Exempt Bond Proceeds $0
Royalties $9,919
Net Rental Income $20,934
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $166,397
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $76,290
Miscellaneous Revenue$0
Total Revenue $1,228,301

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Studebaker National Museum Inc has recieved totaling $3,202.

Awarding OrganizationAmount
Sia Foundation Inc

Lafayette, IN

PURPOSE: GRANT

$3,202
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$921,202
Earnings$164,435
Admin Expense$5,200
Net Contributions$8,500
Ending Balance$1,088,937

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