Living Legends Of Auto Racing Inc

Organization Overview

Living Legends Of Auto Racing Inc is located in Port Orange, FL. The organization was established in 2001. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Living Legends Of Auto Racing 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, Living Legends Of Auto Racing Inc generated $37.1k 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 (8.7%) each year. All expenses for the organization totaled $43.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. 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

TO PROMOTE THE HISTORY OF RACING THROUGH RUNNING A MUSEUM AND CONDUCT EDUCATIONAL CLASSES IN AREA SCHOOLS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE THE HISTORY OF RACING THROUGH RUNNING A MUSEUM AND CONDUCTING EDUCATIONAL CLASSES IN AREA SCHOOLS.


TO FURTHER THE HISTORY AND EDUCATION OF AUTO RACING BY OPERATING A MUSEUM THAT REPRESENTS THE HISTORY OF AUTO RACING.


TO PROMOTE THE HISTORY OF RACING THROUGH RUNNING A MUSEUM AND CONDUCT EDUCATIONAL CLASSES IN AREA SCHOOLS.


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Board, Officers & Key Employees

Name (title)Compensation
Paulette Mandela
Secretary
$0
Gary Smith
President
$0
John West
Vice Preside
$0
Nancy West
Treasurer
$0
Gary Cross
Director
$0
Dave Dion
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,510
Fundraising events$0
Related organizations$0
Government grants $3,356
All other contributions, gifts, grants, and similar amounts not included above$30,218
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$37,084
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,084

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