Lemay-Americas Car Museum

Organization Overview

Lemay-Americas Car Museum is located in Tacoma, WA. The organization was established in 1998. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Lemay-Americas Car Museum employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lemay-Americas Car 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, Lemay-Americas Car Museum generated $3.8m 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 (5.3%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) 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 PRESERVE AND INTERPRET THE HISTORY AND TECHNOLOGY OF THE AUTOMOBILE AND ITS INFLUENCE ON AMERICAN CULTURE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GUEST SERVICES: THE MUSEUM CREATES AN ACTIVE, INVOLVED AND SOCIAL ENVIRONMENT FOR CAR ENTHUSIASTS. IT PROVIDES ENGAGING AND ENTERTAINING EXHIBITIONS FOR A BROAD SPECTRUM OF THE COMMUNITY, A RETAIL STORE WHICH INCLUDES EDUCATIONAL MATERIALS AND A CAFÉ. TO ENHANCE THE VISITOR EXPERIENCE, THE MUSEUM OFFERS RACING SIMULATORS AND SLOT CAR DRIVING. IN 2021, THE MUSEUM INCREASED ITS DAYS OF OPERATION TO 5 DAYS/WEEK. ATTENDANCE 2021 = 63,943.


COLLECTION: THE MUSEUM IS DEDICATED TO SECURE AND INTERPRET THE EXTENSIVE LEMAY CAR COLLECTION AS WELL AS TO ACQUIRE, PRESERVE AND INTERPRET ADDITIONAL MOBILITY COLLECTIONS. THERE ARE APPROXIMATELY 260 CARS IN THE COLLECTION.


EXHIBITION: THE MUSEUM BREAKS THE TRADITIONAL DESIGN OF STATIC DISPLAYS OF CARS BY ROTATING EXHIBITIONS FROM ITS VAST COLLECTION AND SHOWCASING AUTO MANUFACTURERS' ACHIEVEMENTS AND FUTURE DIRECTIONS IN DESIGN, TECHNOLOGY AND PRODUCT DEVELOPMENT. THE MUSEUM OPENED 2 EXHIBITS IN 2021.


THE REMAINING PROGRAMS PRIMARILY INCLUDE THE FOLLOWING: EDUCATION - AN INTERACTIVE CENTER FOR ALL "STUDENTS" OF AUTOMOTIVE HISTORY, RESTORATION AND PRESERVATION AND EVENT SALES - PATRONS UNABLE TO ATTEND THE MUSEUM DURING NORMAL OPERATING HOURS ARE OFFERED THE OPPORTUNITY TO VIEW THE COLLECTION DURING AN AFTER-HOURS EVENT OR GROUP TOUR. DURING 2021, THE MUSEUM INCREASED ITS NUMBER OF EDUCATION ACTIVITIES AND AFTER-HOUR EVENTS. TOTAL STUDENTS SERVED WAS 5,072.


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Board, Officers & Key Employees

Name (title)Compensation
Brad Phillips
Exec Director, Acm
$109,038
Scot Keller
Curator
$100,249
B Corry Mcfarland
Chairman
$0
Michael Towers
Chairman
$0
Tabetha Hammer
CEO
$0
Trevor Cobb
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$225,835
Government grants $957,538
All other contributions, gifts, grants, and similar amounts not included above$1,431,489
Noncash contributions included in lines 1a–1f $601,857
Total Revenue from Contributions, Gifts, Grants & Similar$2,614,862
Total Program Service Revenue$1,012,745
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$17,250
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $164,587
Miscellaneous Revenue$0
Total Revenue $3,774,944

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Lemay-Americas Car Museum has recieved totaling $213,256.

Awarding OrganizationAmount
Americas Automotive Trust

Tacoma, WA

PURPOSE: Proceeds from America's Automotive Trust's annual fundraiser to support operations.

$160,835
Greater Tacoma Community Foundation

Tacoma, WA

PURPOSE: CAPITAL SUPPORT, OPERATING SUPPORT

$51,115
The Greg D And Melanie S Mcfarland Foundation

Edgewood, WA

PURPOSE: PRESERVATION OF HISTORY OF AUTOMOBIL

$1,200
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$106
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$20,000
Ending Balance$20,000

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