Corvair Preservation Foundation
- Assets
- $347.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Maple Plain, MN
- Founding
- 12/1989
- Data as of
- 12/2021
- EIN
- 36-3638163
Organization Overview
Corvair Preservation Foundation is located in Maple Plain, MN. The organization was established in 1989. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, 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. Corvair Preservation Foundation 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, Corvair Preservation Foundation generated $140.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.6% each year . All expenses for the organization totaled $30.1k during the year ending 12/2021. While expenses have increased by 30.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ALL EXPENSES ARE FOR THE MAINTENANCE OF A MUSEUM TO REFLECT THE HISTORY OF THE CORVAIR AUTOMOBILE AND TO PROVIDE A NUMBER OF SMALL SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Brown VP | 0 | $0 | |
Allan Lacki Director | 0 | $0 | |
Mike Hall President | 0 | $0 | |
Paul Sergeant Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,715 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $140,503 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,500 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,913 |
| Occupancy, rent, utilities, and maintenance | $21,153 |
| Printing, publications, postage, and shipping | $3,190 |
| Other expenses | $2,356 |
| Total expenses | $30,112 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $201,638 |
| Other assets | $0 |
| Total assets | $347,211 |
| Total liabilities | $0 |
| Net assets or fund balances | $347,211 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Corvair Preservation Foundation has recieved totaling $635.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $635 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Theodore Roosevelt Medora Foundation Medora, ND | $68,522,255 | $10,499,633 |
Dubuque County Historical Society Dubuque, IA | $42,203,208 | $9,721,079 |
Minnesota Landmarks St Paul, MN | $7,312,284 | $2,339,984 |
Mount Rushmore National Memorial Society Of Black Hills Rapid City, SD | $22,476,449 | $3,858,593 |
Midwest Art Conservation Center Inc Minneapolis, MN | $2,125,685 | $1,795,271 |
Iowa Railroad Historical Society Boone, IA | $4,623,282 | $1,830,405 |
Ramsey County Historical Society Inc Saint Paul, MN | $5,355,556 | $1,137,123 |
Rethos Saint Paul, MN | $2,732,815 | $1,832,549 |
Two Rivers Historical Society Two Rivers, WI | $1,166,797 | $640,666 |
Milwaukee County Historical Society Milwaukee, WI | $3,176,056 | $1,183,454 |
Stearns County Historical Society Inc St Cloud, MN | $1,632,705 | $959,647 |
Four Mounds Foundation Dubuque, IA | $637,426 | $940,682 |