The Harold E Lemay Museum

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

16 people listed

David Madeira (Vice Chair & CEO,AAT): $365,722 total reported compensation
Gary Yamamoto (Exec Director, ACM (left July 2024)): $143,221 total reported compensation
Nick Ellis (Exec Director, RPM): $115,940 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Harold E Lemay Museum provides supporting services for Lemay-America's Car Museum, a nonprofit, 501(c)(3) organization.

Harold E. Lemay Museum provides supporting activities to further the mission of Lemay-America's Car Museum.

Revenue model: No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model: No current program activity. The filing reports no program spending for the current year.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 77.8%; rating input score 78; 1st percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: No; rating input score 0

Independent voting board: 85.7%; rating input score 86; 26th percentile among comparable filings
Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: Limited
Total-asset coverage ratio: Limited
Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
Officer compensation ratio: Limited

Program expense growth: -39% per year; rating input score 0; 8th percentile among comparable filings
Revenue growth: -26% per year; rating input score 0; 15th percentile among comparable filings
Asset growth: -39.8% per year; rating input score 0; 3rd percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 12 of 14 board members independent · 7 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $366K · 16 people listed · 0 of 6 pay-setting controls reported
Consistency: 10 of 12 current checks pass · 2 findings to review
Schedules: 5 filed schedules · includes executive pay
Filing history: 11 filing years from 2014 to 2024
Contacts: How to reach this organization
Related organizations: 4 filed related-organization links
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.

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

High — Transparency & Controls: Pay-setting controls scored 0/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Transparency & Controls: Related-party transparency scored 0/100.
Review — Accountability: Governance controls: 2 of 9 not reported.
Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
High — Growth: Asset growth scored 0/100.