NonprofitsNational Corvette Museum Foundation Inc

Arts, Culture & Humanities

National Corvette Museum Foundation Inc

BOWLING GREEN, KY

Total revenue

$19.5M

Total expenses

$17.0M

Net assets

$79.2M

Grants received

$417K

28 grants

EIN

742519972

Tax year

2024

Mission

The mission of the national corvette museum foundation is to educate worldwide audiences on the evolution of the corvette america's sports car through collection, preservation, and celebration of its legacy.

Programs

3 programs

Special events programs: 6,437 people participated in the special events programs in 2024. This included educational seminars, panel discussions and presentations from engineers, designers and other experts in their fields. This program uses a significant number of volunteers also to assist in running the activities and seminars.

Expenses: $371K

Delivery: the delivery program brings new corvette owners to the museum so that they can learn about the history of the corvette, and learn about the proper operation of their vehicle. They are given a tour of the corvette assembly plant (when available) to educate them on the manufacturing process and also given a hands-on demonstration of the features of the corvette. Those involved in the delivery program include the staff who prepare the car (pdi) and the staff who provide the tours and demonstrations.

Expenses: $955K

Plant tours: helps further the mission of the museum to educate world-wide audiences about the corvette and how it is produced.driven by design, the museum's design and engineering exhibition illustrates how automobile design progresses from sketches to clay models, with a scale clay model corvette on display as an example of the early design process. One exhibit highlights the female interior design team of the late 1950s, nicknamed the "damsels of design." since opening in 2016, the sinkhole experience exhibition has documented the 2014 sinkhole collapse inside the museumwhy it happened, how the buried cars were recovered, how the building was repaired, and what karst and cave landforms are.stingray grill/corvette store: the stingray grill offers lunch options for the convenience of museum guests, and catering options for events at the museum, school group visits and community events. The corvette store offers a wide selection of unique gifts and apparel that tell the corvette story, while corvette accessories allow visitors to customize their corvette. Museum marketing and communication efforts include america's sports car magazine, a quarterly publication mailed to 25,000 households, clubs and businesses that educates readers on events at the national corvette museum and corvette history, including articles on specific exhibits to inform those that cannot physically come to the museum. Museum channels on facebook, x, linkedin, tiktok, instagram, and youtube highlight the history of the corvette while also bringing attention to our mission and educational programs, along with digital advertising aimed at reaching the next generation of guests. Email marketing includes corvette campus connection, a monthly email distributed to more than 120,000 subscribers, which highlights programs at the museum for those unable to visit in person. The museum website provides historical information and detailed stories about the corvette and the personalities who have shaped its 72-year history. Library & archives resource center: the resource center is the repository for all materials documenting the past, present and future of corvette, corvette enthusiasts and the corvette museum. The material managed and preserved includes audio and visual media - both digital (dvds) and magnetic (vhs and beta tapes), periodicals, books, drawings, paintings, posters, memorabilia and documents including some important historical memorabilia plus build sheets. Most materials have been donated to the national corvette museum from individual enthusiasts, publishing companies, print media, aftermarket suppliers, clubs and organizations such as ncrs, and from gm/chevrolet.other national corvette museum program services include educational instruction, such as multiple steam workshops for students, field trips, community school outreach and relationship building. Educational programming also extends virtually through corvettemuseum.org, featuring high-profile storytelling with national corvette museum members, inclusion in the museum's quarterly magazine, america's sports car, and participation in car shows across the country.the gateway gallery tells the story of the corvette's creation, exploring the influence of european sports cars imported by wwii veterans, small american manufacturers building low-production sports cars, and the development of the corvette name. The exhibition highlights harley earl's role at general motors in bringing these elements together to create the corvette, america's sports car.

Financials

FY 2024

Revenue

Contributions & grants$1.8M
Program service revenue$7.1M
Investment income$2.6M
Other revenue$8.0M
Total revenue$19.5M

Expenses

Grants paid
Salaries & benefits$7.5M
Fundraising$198K
Other expenses$9.5M
Total expenses$17.0M
Total assets$83.4M
Net assets$79.2M

People

27 listed

NameRoleCompensation

SHARON BRAWNER

CEO/PRESIDENT (PARTIAL YEAR)

Board

$327K

40 hrs/wk

AMANDA THOMAS

DIRECTOR OF HR & BUSINESS

Board

$172K

40 hrs/wk

BRYCE BURKLOW

INTERIM COO

Board

$169K

40 hrs/wk

BRIAN HUNLEY

DIRECTOR OF FINANCE (PARTIAL YEAR)

Board

$97K

40 hrs/wk

WILLIAM MARCUM

DIRECTOR OF FINANCE (PARTIAL YEAR)

Board

$13K

40 hrs/wk

DEB MURPHY

DIRECTOR

Board

2 hrs/wk

NORM ROSE

DIRECTOR

Board

2 hrs/wk

SHANNON SKOKOS

DIRECTOR

Board

2 hrs/wk

KAI SPANDE

IMMEDIATE PAST CHAIR

Board

2 hrs/wk

DAN COSTELLOW

DIRECTOR

Board

2 hrs/wk

TIM MCMICHAEL

DIRECTOR

Board

2 hrs/wk

MARK STIELOW

DIRECTOR

Board

2 hrs/wk

MIKE BUCHANON

DIRECTOR

Board

2 hrs/wk

KAYE WAGNER

CHAIR

Board

2 hrs/wk

MICHAEL LAROCCA

CHAIR-ELECT

Board

2 hrs/wk

NEIL WATANABE

TREASURER

Board

2 hrs/wk

DALE LEDBETTER

SECRETARY

Board

2 hrs/wk

GLENN JOHNSON

DIRECTOR

Board

2 hrs/wk

HARLAN CHARLES

DIRECTOR

Board

2 hrs/wk

CHUCK FAST

DIRECTOR

Board

2 hrs/wk

VITO CIMILLUCA

DIRECTOR

Board

2 hrs/wk

SHANNON LAMARCHE

DIRECTOR

Board

2 hrs/wk

RYAN EICHLER

DIRECTOR OF MARKETING & COMMUNICATIONS

Staff

$137K

40 hrs/wk

CHRIS HUFFMAN

IT OPERATIONS MANAGER

Staff

$131K

40 hrs/wk

CHASTITY WILLIS-DAULEY

FINANCIAL PLANNING & ANALYSIS MANAGER

Staff

$117K

40 hrs/wk

ROBERT MAXHIMER

DIRECTOR OF CURATORIAL AFFAIRS AND EDUCATION

Staff

$111K

40 hrs/wk

STEPHEN LOPE

ACCOUNTING MANAGER

Staff

$103K

40 hrs/wk

Independent contractors

SUNBELT CONSTRUCTION INC

CONSTRUCTION

$765K

MEDIAONE NORTH AMERICA LLC

ADVERTISING

$352K

INSIGHT ADVERTISING

ADVERTISING

$143K

RUSSELL REYNOLDS ASSOCIATES

EMPLOYEE SEARCH FIRM

$130K

DEAN DORTON

ACCOUNTING SERVICES

$125K

Grants received

Showing 28 of 28

FromAmountPurposeYear
$8K
UNRESTRICTED GENERAL SUPPORT
2024
$7K
GENERAL ASSISTANCE
2024
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$8K
For grant recipient's exempt purposes
2023
$2K
General & Unrestricted
2023
$16K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$15K
For grant recipient's exempt purposes
2022
$1K
GENERAL PURPOSE
2022
$56K
For grant recipient's exempt purposes
2021
$56K
For grant recipient's exempt purposes
2021
$11K
For recipient's exempt purpose
2021
$1K
General & Unrestricted
2021
$27K
For grant recipient's exempt purposes
2020
$500
General & Unrestricted
2020
$50
GENERAL OPERATING SUPPORT
2020
$28K
For grant recipient's exempt purposes
2019
$5K
ARTS, CULTURE & HUMANITIES
2019
$5K
A50 MUSEUMS & MUSEUM ACTIVITIES
2019
$1K
General & Unrestricted
2019
$8K
ARTS, CULTURE & HUMANITIES
2018
$15K
SUPPORT OF MUSEUM
2017
$9K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$9K
ARTS, CULTURE & HUMANITIES
2017
$500
General & Unrestricted
2017

Funded by

$417K from 12 funders · 28 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$199K · 7 grants · 2017–2023

Greater Houston Community Foundation

$105K · 3 grants · 2022–2024

Vanguard Charitable Endowment Program

$42K · 3 grants · 2021–2023

Donor Advised Charitable Giving Inc

$21K · 3 grants · 2017–2019

Case Family Foundation

$15K · 1 grant · 2017

Natl Christian Charitable Fdn Inc

$11K · 1 grant · 2023

Lingenfelter Foundation

$7K · 1 grant · 2024

Details

EIN742519972
NTEE codeA500
Subsection03
Ruling date1989-05
Formed1988
Employees259
Volunteers465
NATIONAL CORVETTE MUSEUM FOUNDATION INC — Mission, Financials & Grants Received | Grantivo