NonprofitsAudrain Automobile Museum Inc

Arts, Culture & Humanities

Audrain Automobile Museum Inc

NEWPORT, RI

Total revenue

$2.9M

Total expenses

$2.8M

Net assets

$60K

Grants received

$701K

26 grants

EIN

471918005

Tax year

2024

Mission

To assist in the conduct of charitable and educational promotion of public interest in appreciation of and participation in car collection through creating and supporting activities regarding a public museum dedicated to classic, collectible and modern cars.

Programs

1 program

The organization, through its wholly owned subsidiary, audrain concours foundation, llc annually produces and hosts the "audrain newport concours and motor week," a car centric experience in newport rhode island. This 4 day event includes a fundraising gala, tour d' elegance, concours d' elegance and educational seminars on automobile related topics that celebrate and promote the public's interest in the preservation and presentation of automotive history.

Financials

FY 2024

Revenue

Contributions & grants$3.8M
Program service revenue$267K
Investment income$155
Other revenue
Total revenue$2.9M

Expenses

Grants paid$105K
Salaries & benefits$1.6M
Fundraising$1.0M
Other expenses$1.1M
Total expenses$2.8M
Total assets$5.4M
Net assets$60K

People

8 listed

NameRoleCompensation

DAVID DE MUZIO

EXECUTIVE DIRECTOR

Board

$99K

40 hrs/wk

JOHN T BOXER

DIRECTOR, SECRETARY

Board

10 hrs/wk

WILLIAM M KAHANE

DIRECTOR

Board

1 hrs/wk

SHELLEY D SCHORSCH

DIRECTOR

Board

1 hrs/wk

EDWARD M WEIL JR

DIRECTOR

Board

5 hrs/wk

NICHOLAS S SCHORSCH JR

DIRECTOR

Board

5 hrs/wk

NICHOLAS S SCHORSCH

DIRECTOR, PRESIDENT

Board

5 hrs/wk

M BENJAMIN MERCER

TREASURER

Board

5 hrs/wk

Grants received

Showing 26 of 26

FromAmountPurposeYear
$100K
GENERAL SUPPORT
2024
$17K
General & Unrestricted
2024
$600
CHARITABLE OPERATIONS
2024
$76K
For grant recipient's exempt purposes
2023
$35K
TO ASSIST IN THE CHARTIABLE PURPOSE OF THE ORGANIZATION.
2023
$14K
GENERAL SUPPORT
2023
$13K
FOR GENERAL SUPPORT.
2023
$13K
GENERAL SUPPORT
2023
$10K
ARTS, CULTURE & HUMANITIES
2023
$6K
ARTS AND CULTURE
2023
$117K
For grant recipient's exempt purposes
2022
$35K
TO ASSIST IN THE CHARTIABLE PURPOSE OF THE ORGANIZATION.
2022
$3K
ANNUAL SUPPORT
2022
$47K
For grant recipient's exempt purposes
2021
$47K
For grant recipient's exempt purposes
2021
$30K
GENERAL FUNDS
2021
$500
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
2021
$19K
For grant recipient's exempt purposes
2020
$12K
CULTURE & ARTS
2020
$33K
For grant recipient's exempt purposes
2019
$54K
For grant recipient's exempt purposes
2018
$5K
CHARITABLE DONATION
2018
$2K
CHARITABLE DONATION
2018

Funded by

$701K from 16 funders · 26 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$391K · 7 grants · 2018–2023

United Way Miami Inc

$143K · 3 grants · 2021–2024

The Hometown Foundation Inc

$70K · 2 grants · 2022–2023

The Sidley Austin Foundation

$13K · 1 grant · 2023

The New York Community Trust

$13K · 1 grant · 2023

National Philanthropic Trust

$12K · 1 grant · 2020

Details

EIN471918005
NTEE codeA54
Subsection03
Ruling date2015-03
Formed2014
Employees11
Volunteers310
AUDRAIN AUTOMOBILE MUSEUM INC — Mission, Financials & Grants Received | Grantivo