American Hot Rod Foundation Inc

Organization Overview

American Hot Rod Foundation Inc is located in Palm Beach, FL. The organization was established in 2003. According to its NTEE Classification (A70) the organization is classified as: Humanities, 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. American Hot Rod Foundation 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, American Hot Rod Foundation Inc generated $727.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $315.2k during the year ending 12/2021. While expenses have increased by 0.3% 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION GATHERS HISTORICAL ARCHIVAL MATERIAL ANDPRODUCES WEB-SITE AND SOCIAL NETWORK MATERIAL AND VIDEOS TO PRESERVE, PROMOTE AND CELEBRATE THE HISTORY OF AMERICAN HOT RODDING. THE FOUNDATION IS AN INFORMATIONAL SOURCE FOR LEADING AUTOMOTIVE MUSEUMS


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $732,834
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets -$8,484
Capital Gain Net Income $189,414
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $3,136
Other Income $0
Total Revenue $727,486

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