Wheels Museum
- Assets
- $232.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 07/1999
- Data as of
- 06/2024
- EIN
- 85-0460925
Organization Overview
Wheels Museum is located in Albuquerque, NM. The organization was established in 1999. 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. Wheels 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 06/2024, Wheels Museum generated $101.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.7% each year . All expenses for the organization totaled $34.7k during the year ending 06/2024. While expenses have increased by 7.1% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
RAISE PUBLIC AWARENESS SECURE FUNDS AND CONTINUE THE PROCESS OF DESIGNING AND BUILDING A TRANSPORTATION MUSEUM IN ALBUQUERQUE. ACQUISITION OF EXHIBUIT MATERIAL ANDF BUILDING DISPLAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leba Freed President - Director | 20 | $0 | |
Adelle Hundly Vice-President - Director | 0 | $0 | |
Henryk Sloma Secretary - Director | 0 | $0 | |
William Brown Treasurer - Director | 0 | $0 | |
Vita Baca Director | 0 | $0 | |
Name Not Listed Ditrector | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,119 |
| Total Program Service Revenue | $0 |
| Membership dues | $200 |
| Investment income | $1,999 |
| Gain or Loss | $250 |
| Net Income from Gaming & Fundraising | $31,659 |
| Other Revenue | $8,323 |
| Total Revenue | $101,229 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $200 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,900 |
| Occupancy, rent, utilities, and maintenance | $13,893 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,732 |
| Total expenses | $34,725 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $232,163 |
| Other assets | $0 |
| Total assets | $232,163 |
| Total liabilities | $0 |
| Net assets or fund balances | $232,163 |