Museum of Automotive Icons Inc

Nonprofit profile at a glance

EIN
824679842
IRS 990 coverage
2018–2025
Forms available
Form 990 2025, Form 990-T 2025
Location
Manhattan, KS, USA
Phone
7852365501
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Museum, Museum Activities

Official website

Reported finances

Revenue
$973,392
Expenses
$835,021
Assets
$15,571,768
Liabilities
$11,347

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DAVE CARPENTER (PRESIDENT)
  • JOHN STALLMAN (VICE PRESIDENT)

Highest reported compensation

  • DOUGLAS MELOAN (OPERATIONS MANAGER/CURATOR): $93,683 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To utilize vehicles as a gateway to educating the public on history, culture, design, innovation, engineering, and art. The museum is able to tell the story from the earliest self-propelled transportation through the most modern and focus on the total history and not just the statistics.

What it reported doing in 2025

Education: the museum utilizes their "tread talks" as a tool to make vehicles accessible to everyone. This process allows the museum to tell the stories of women and minorities in automotive history and to address societal issues such as autism and other challenges.educational outreach: the museum has partnered with the manhattan area technical college to provide education as part of the automotive repair program by teaching on the history of the automobile through the collection. The museum has also significantly increased their outreach and group tours focusing on the history and stories that bring the collection to life and share the historical significance of the collection and the way transportation has shaped the united states and the world. Educational enrichment: education is at the heart of the midwest dream car collection. Each month, our tread talks bring automotive history and innovation to life through engaging presentations. We partner with local schools and educational groups to host field trips and hands-on activities tailored for all ages. Our newly designed audio tours, created for both adults and children, offer deeper insight into the stories behind the cars. Through partnerships, programs, and interactive experiences, we are proud to make education a cornerstone of our mission.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 71
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.9%; rating input score 49
  • Program expense ratio: 55.8%; rating input score 56
  • Fundraising efficiency: $435.33 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 14.2%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 18.65; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 11.2%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 0.2% per year; rating input score 100; 16th percentile among comparable filings
  • Revenue growth: -3.3% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 17.8% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 48.9% of revenue deployed · 55.8% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $466K in reported program spending
  • Leadership: top reported pay $94K · 6 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 8 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
  • Review — Financial Efficiency: Program expense ratio scored 56/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.