Classic Motor Museum Of St Michaels Inc
EIN: 471085883 · St Michaels, MD · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $217K |
| Net Assets | $1.6M |
Is Classic Motor Museum Of St Michaels Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Classic Motor Museum Of St Michaels Inc
Classic Motor Museum Of St Michaels Inc (EIN: 471085883) is a nonprofit organization based in St Michaels, MD, classified under NTEE code A50. The organization reported total revenue of $1.6M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Classic Motor Museum Of St Michaels Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Classic Motor Museum Of St Michaels Inc is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $422K |
| Total Expenses | $217K |
| Surplus / Deficit | +$205K |
| Total Assets | $1.6M |
| Total Liabilities | $2K |
| Net Assets | $1.6M |
| Operating Margin | 48.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 87.9 months |
Financial Health Grade: A
In 2023, Classic Motor Museum Of St Michaels Inc reported a surplus of $205K with revenue exceeding expenses, holds 87.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Classic Motor Museum Of St Michaels Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +66.3% | +66.9% | +15.3% |
| 2022 | +113.1% | -8.8% | +9.6% |
| 2021 | -53.3% | +7.4% | -1.7% |
| 2020 | -8.2% | -2.3% | +0.8% |
| 2019 | +10.0% | +17.1% | +11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Classic Motor Museum Of St Michaels Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Classic Motor Museum Of St Michaels Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $205K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Classic Motor Museum Of St Michaels Inc
Is Classic Motor Museum Of St Michaels Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Classic Motor Museum Of St Michaels Inc (EIN: 471085883) insufficient data. 0 red flags identified, 0 strengths noted.
How does Classic Motor Museum Of St Michaels Inc spend its money?
Detailed spending breakdown data is not yet available for Classic Motor Museum Of St Michaels Inc. Check back for updated IRS 990 analysis.
Are donations to Classic Motor Museum Of St Michaels Inc tax-deductible?
Classic Motor Museum Of St Michaels Inc is registered as a tax-exempt nonprofit (EIN: 471085883). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Classic Motor Museum Of St Michaels Inc located?
Classic Motor Museum Of St Michaels Inc is headquartered in St Michaels, Maryland and files with the IRS under EIN 471085883. It is classified under NTEE code A50.
How many years of IRS 990 filings does Classic Motor Museum Of St Michaels Inc have?
Classic Motor Museum Of St Michaels Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for Classic Motor Museum Of St Michaels Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Classic Motor Museum Of St Michaels Inc's revenue has grown by 158.3%, moving from $163K to $422K. Total assets increased by 1004.8% over the same period, from $144K to $1.6M. Total functional expenses rose by 1007.6%, from $20K to $217K. In its most recent filing year (2023), Classic Motor Museum Of St Michaels Inc reported a surplus of $205K, with revenue exceeding expenses. The organization holds $2K in liabilities against $1.6M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $422K | $217K | $1.6M | $2K | — | View 990 |
| 2022 | $254K | $130K | $1.4M | $652 | — | View 990 |
| 2021 | $119K | $143K | $1.3M | $2K | — | View 990 |
| 2020 | $255K | $133K | $1.3M | $0 | — | View 990 |
| 2019 | $278K | $136K | $1.3M | $145K | — | View 990 |
| 2018 | $253K | $116K | $1.1M | $249K | — | View 990 |
| 2017 | $286K | $67K | $1.1M | $335K | — | View 990 |
| 2016 | $176K | $21K | $864K | $333K | — | View 990 |
| 2015 | $243K | $10K | $377K | $0 | — | View 990 |
| 2014 | $163K | $20K | $144K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $422K, expenses of $217K, and assets of $1.6M (revenue +66.3% year-over-year).
- 2022: Revenue of $254K, expenses of $130K, and assets of $1.4M (revenue +113.1% year-over-year).
- 2021: Revenue of $119K, expenses of $143K, and assets of $1.3M (revenue -53.3% year-over-year).
- 2020: Revenue of $255K, expenses of $133K, and assets of $1.3M (revenue -8.2% year-over-year).
- 2019: Revenue of $278K, expenses of $136K, and assets of $1.3M (revenue +10.0% year-over-year).
- 2018: Revenue of $253K, expenses of $116K, and assets of $1.1M (revenue -11.6% year-over-year).
- 2017: Revenue of $286K, expenses of $67K, and assets of $1.1M (revenue +62.7% year-over-year).
- 2016: Revenue of $176K, expenses of $21K, and assets of $864K (revenue -27.7% year-over-year).
- 2015: Revenue of $243K, expenses of $10K, and assets of $377K (revenue +48.7% year-over-year).
- 2014: Revenue of $163K, expenses of $20K, and assets of $144K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Classic Motor Museum Of St Michaels Inc:
Data Sources and Methodology
This transparency report for Classic Motor Museum Of St Michaels Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.