Barber Vintage Motorsports Museum

Organization Overview

Barber Vintage Motorsports Museum is located in Birmingham, AL. The organization was established in 1996. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Barber Vintage Motorsports Museum 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, Barber Vintage Motorsports Museum generated $20.2m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $10.9m during the year ending 12/2021. While expenses have increased by 7.9% per year over the past 3 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 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

THE FOUNDATION EXHIBITS VINTAGE MOTORCYCLES THROUGHOUT THE YEAR AT THE MUSEUM AND AT VARIOUS MOTORCYCLE AND AUTO RACES DURING THE YEAR.


THE FOUNDATION RUNS A STEM BASED EDUCATION PROGRAM WHICH INCLUDES FIELD TRIP VISITS TO THE MUSEUM WHERE PARTICIPANTS LEARN SOME OF THE SCIENCE BEHIND THE FUNDAMENTALS OF MOTORSPORTS.


THE FOUNDATION HOSTS VINTAGE MOTORSPORTS THEMED EVENTS MULTIPLE TIMES A YEAR TO PROMOTE AND EXHIBIT VINTAGE VEHICLE RACING AND RACING HISTORY.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $11,946,672
Interest on Savings $6,086
Dividends & Interest $200,018
Net Rental Income$5,864,712
Net Gain on Sale of Assets $47,469
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $249,080
Other Income $1,870,047
Total Revenue $20,184,084

Grants Awarded

Over the last fiscal year, Barber Vintage Motorsports Museum has awarded $5,230 in support to 2 organizations.

Grant RecipientAmount

MOUNT DORA COMMUNITY TRUST

Org PageRecipient Profile

Mount Dora, FL

PURPOSE: RICH CRITTERS

$5,000

MOVEMBER FOUNDATION

Org PageRecipient Profile

Santa Monica, CA

PURPOSE: GENERAL FUND

$230
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Barber Vintage Motorsports Museum has recieved totaling $110,000.

Awarding OrganizationAmount
Linn-Henley Charitable Trust Uw 1055002859

St Louis, MO

PURPOSE: SUPPORT

$100,000
Pete M Hanna Charitable Foundation

Hoover, AL

PURPOSE: SUPPORT OF PROGRAMS

$10,000
View Grant Recipient Profile

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