The Harrah Automobile Foundation

Organization Overview

The Harrah Automobile Foundation is located in Reno, NV. The organization was established in 1981. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Harrah Automobile Foundation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harrah Automobile Foundation 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, Harrah Automobile Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 2.3% 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE NATIONAL AUTOMOBILE MUSEUM (THE HARRAH COLLECTION) IS TO COLLECT AND PRESERVE THE AUTOMOBILE FOR FUTURE GENERATIONS TO TELL THE STORY OF THE IMPACT OF THE AUTOMOBILE ON AMERICAN SOCIETY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MUSEUM IS OPEN 363 DAYS A YEAR PROVIDING ADMISSION TO 62,950 VISITORS. VISITORS EXPERIENCE THE COLLECTION, SPECIAL EXHIBITS AND EDUCATIONAL PROGRAMS.


THE GIFT SHOP IS OPEN ALONG WITH THE MUSEUM AND SELLS MERCHANDISE RELATED TO THE AUTOMOBILE AND THE MUSEUM, INCLUDING REFERENCE BOOKS, MODELS, CAR CARE PRODUCTS AND LOGO CLOTHING.


THE MUSEUM OFFERS SPECIAL EVENTS TO THE PUBLIC AND MEMBERS AND IS AVAILABLE FOR BANQUETS AND MEETINGS FOR GROUPS.


N/A


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Board, Officers & Key Employees

Name (title)Compensation
Philip Macdougall
President & Executive Director
$79,933
Buddy Frank
Coo/trustee
$18,250
Ranson W Webster
Chairman
$0
Paul Georgeson
Vice President
$0
William E Ramsey
Treasurer
$0
Janet L Chubb
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$62,523
Fundraising events$0
Related organizations$0
Government grants $571,352
All other contributions, gifts, grants, and similar amounts not included above$168,272
Noncash contributions included in lines 1a–1f $90,000
Total Revenue from Contributions, Gifts, Grants & Similar$802,147
Total Program Service Revenue$712,647
Investment income $28,785
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $12,100
Net Gain/Loss on Asset Sales $650
Net Income from Fundraising Events $10,012
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $158,880
Miscellaneous Revenue$0
Total Revenue $1,726,114

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Harrah Automobile Foundation has recieved totaling $6,104.

Awarding OrganizationAmount
$6,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$104
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$475,399
Earnings$51,232
Ending Balance$526,232

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