Nevada Automobile Museum
Nevada Automobile Museum faces persistent operating deficits despite substantial assets and zero liabilities.
EIN: 200862300 · Las Vegas, NV · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $178K |
| Total Expenses | $123K |
| Program Spending | 70% |
| Net Assets | $3.6M |
| Transparency Score | 55/100 |
Is Nevada Automobile Museum Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nevada Automobile Museum directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Nevada Automobile Museum
Nevada Automobile Museum (EIN: 200862300) is a nonprofit organization based in Las Vegas, NV. The organization reported total revenue of $178K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nevada Automobile Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nevada Automobile Museum is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -11.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $96K |
| Total Expenses | $123K |
| Surplus / Deficit | $-27,586 |
| Total Assets | $3.6M |
| Net Assets | $3.6M |
| Operating Margin | -28.9% |
| Months of Reserves | 349.9 months |
Financial Health Grade: B
In 2024, Nevada Automobile Museum reported a deficit of $28K with expenses exceeding revenue, holds 349.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2024), Nevada Automobile Museum's revenue has declined at a compound annual growth rate (CAGR) of -11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +293.7% | +59.0% | -0.8% |
| 2023 | +178.1% | +43.8% | -13.5% |
| 2021 | -96.5% | +24.8% | -1.1% |
| 2020 | +706.3% | +22.0% | +5.2% |
| 2019 | -55.6% | -11.3% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nevada Automobile Museum with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Nevada Automobile Museum allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting either a fully volunteer executive leadership or that compensation is structured in a way not captured under standard officer compensation reporting.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Nevada Automobile Museum's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in most recent periods (e.g., 202406, 202306, 202106).
- Significant fluctuations in annual revenue, indicating potential reliance on sporadic large contributions rather than stable income streams.
- Unknown NTEE code, which can obscure the organization's specific mission and make peer comparison difficult.
Strengths
The following positive indicators were identified for Nevada Automobile Museum:
- Substantial asset base ($3,588,936 in 202406) providing financial stability.
- Zero reported liabilities across all filings, indicating strong solvency and no debt burden.
- No reported officer compensation, potentially indicating efficient use of funds or volunteer leadership.
Frequently Asked Questions about Nevada Automobile Museum
Is Nevada Automobile Museum a legitimate charity?
Nevada Automobile Museum (EIN: 200862300) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 55/100. It has 12 years of IRS 990 filings on record. Total revenue: $178K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Nevada Automobile Museum spend its money?
Nevada Automobile Museum directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Nevada Automobile Museum tax-deductible?
Nevada Automobile Museum is registered as a tax-exempt nonprofit (EIN: 200862300). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nevada Automobile Museum's spending goes to programs?
Nevada Automobile Museum directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Nevada Automobile Museum located?
Nevada Automobile Museum is headquartered in Las Vegas, Nevada and files with the IRS under EIN 200862300.
How many years of IRS 990 filings does Nevada Automobile Museum have?
Nevada Automobile Museum has 12 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 $178K in total revenue.
How does the Nevada Automobile Museum sustain operations with consistent revenue deficits?
The museum appears to sustain operations by drawing from its substantial asset base, which was $3,588,936 in 202406, or through infrequent large revenue spikes, such as the $1,184,822 reported in 201706, rather than consistent annual operating income.
What is the long-term financial strategy given the recurring negative net income?
The filings do not explicitly detail a long-term financial strategy to address the recurring negative net income. The consistent pattern of expenses exceeding revenue suggests a need for a robust plan to increase sustainable revenue or reduce operational costs.
Why is no officer compensation reported in any of the filings?
The absence of reported officer compensation could indicate that the executive leadership is entirely volunteer-based, or that any compensation is structured in a way that is not categorized as 'officer compensation' on the IRS Form 990.
Filing History
IRS 990 filing history for Nevada Automobile Museum showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Nevada Automobile Museum's revenue has declined by 75.2%, moving from $386K to $96K. Total assets increased by 20% over the same period, from $3.0M to $3.6M. Total functional expenses rose by 255%, from $35K to $123K. In its most recent filing year (2024), Nevada Automobile Museum reported a deficit of $28K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $96K | $123K | $3.6M | $0 | — | — |
| 2023 | $24K | $77K | $3.6M | $0 | — | View 990 |
| 2021 | $9K | $54K | $4.2M | $0 | — | — |
| 2020 | $251K | $43K | $4.2M | $0 | — | View 990 |
| 2019 | $31K | $35K | $4.0M | $0 | — | View 990 |
| 2018 | $70K | $40K | $4.0M | $0 | — | — |
| 2017 | $1.2M | $29K | $4.0M | $0 | — | View 990 |
| 2016 | $223K | $43K | $2.8M | $0 | — | View 990 |
| 2015 | $44K | $66K | $2.7M | $0 | — | View 990 |
| 2014 | $4K | $51K | $2.7M | $0 | — | View 990 |
| 2013 | $2K | $28K | $2.7M | $0 | — | View 990 |
| 2012 | $386K | $35K | $3.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $96K, expenses of $123K, and assets of $3.6M (revenue +293.7% year-over-year).
- 2023: Revenue of $24K, expenses of $77K, and assets of $3.6M (revenue +178.1% year-over-year).
- 2021: Revenue of $9K, expenses of $54K, and assets of $4.2M (revenue -96.5% year-over-year).
- 2020: Revenue of $251K, expenses of $43K, and assets of $4.2M (revenue +706.3% year-over-year).
- 2019: Revenue of $31K, expenses of $35K, and assets of $4.0M (revenue -55.6% year-over-year).
- 2018: Revenue of $70K, expenses of $40K, and assets of $4.0M (revenue -94.1% year-over-year).
- 2017: Revenue of $1.2M, expenses of $29K, and assets of $4.0M (revenue +431.7% year-over-year).
- 2016: Revenue of $223K, expenses of $43K, and assets of $2.8M (revenue +403.0% year-over-year).
- 2015: Revenue of $44K, expenses of $66K, and assets of $2.7M (revenue +957.8% year-over-year).
- 2014: Revenue of $4K, expenses of $51K, and assets of $2.7M (revenue +115.9% year-over-year).
- 2013: Revenue of $2K, expenses of $28K, and assets of $2.7M (revenue -99.5% year-over-year).
- 2012: Revenue of $386K, expenses of $35K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nevada Automobile Museum:
Data Sources and Methodology
This transparency report for Nevada Automobile Museum 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.