R E Olds Transportation Museum: Nonprofit Profile, Financials & Form 990 (EIN 38-2206081)

Sara Schultz’s $62K as Executive Director is at the 57th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

Name	FY2024	FY2023	FY2022	FY2021
Sara Schultz	$62,308	$60,000	$5,769	—
Scott Mrdeza	—	—	$44,234	$60,003

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See R E Olds Transportation Museum executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves and exhibits objects illustrating Lansing's transportation history, especially the automobile's impact.

Questions for R E Olds Transportation Museum

Tap to ask. R E Olds Transportation Museum sees how many people are interested.

Your first name shows with your question. R E Olds Transportation Museum answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $175K · in their own filed words · FY2024

01

Museum Operations

Day to day operations of the museum for public interest and education. The museum welcomed over 12,000 visitors in 2024. It is open to the public from tuesday to saturday from 10 am to 5 PM and sunday 12 PM to 5 PM. The museum put on the R.E.

$156Kprogram expense

02

Exhibit and Collections

Development, presentation, and management of exhibits of the museum's collection for public interest and education. In 2024, the museum developed a new curved dash oldsmobile exhibit, continued work on the preservation of artifacts and vehicles, expanded its collection with the addition of a 1947 reo truck, and started to use a…

$19Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2025

The Oldsmobile Club of America INCFY2025$6K

Total grants receivedfrom 1 funder$6K

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$361K

Ln 12

Gifts and grantsLn 1h$176K

Other incomeLn 4–11$89K

Fees for servicesLn 2g$62K

Money outPt IX

$284K

Ln 25

Programscol B$175K

Managementcol C$93K

Fundraisingcol D$16K

Owns and owesPt X

$687K

net assets · Ln 32

Cash and savingsLn 1–2$323K

Total assetsLn 16$691K

LiabilitiesLn 26$4K

PeoplePt VI, VII

12

listed · VII A

PaidVII A1

Voting boardVI 1a11

IndependentVI 1b11

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$176K

Government grantsLn 1e$57K

Fundraising eventsLn 1c$16K

Fees for servicesLn 2g$62K

Investment incomeLn 3$33K

Other incomeLn 4–11$89K

Gains on assetsLn 7$26K

Total revenueLn 12$361K

Assets in detailPt X, end of year

CashLn 1$2K

SavingsLn 2$321K

Cash and savings togetherLn 1–2$323K

InvestmentsLn 11–13$208K

Land, buildings, equipmentLn 10c$147K

Total assetsLn 16$691K

LiabilitiesLn 26$4K

Net assetsLn 32$687K

OperationsPt I, VI

EmployeesI 58

VolunteersI 630

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$256K	$323K
InvestmentsLn 11–13	$206K	$208K
Land, buildings, equipmentLn 10c	$140K	$147K
Total assetsLn 16	$616K	$691K
LiabilitiesLn 26	$6K	$4K
Net assetsLn 32	$610K	$687K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$62K		$50K	$12K
Other salaries and wagesLn 7	$71K	$71K
Other employee benefitsLn 9	$4K	$4K
Payroll taxesLn 10	$12K	$7K	$5K	$1K
Accounting feesLn 11c	$24K		$24K
Advertising and promotionLn 12	$3K	$3K
Office expensesLn 13	$26K	$21K	$3K	$3K
Information technologyLn 14	$4K	$2K	$2K
OccupancyLn 16	$35K	$35K
Depreciation, depletion and amortizationLn 22	$24K	$15K	$10K
InsuranceLn 23	$2K	$2K
Other expenses (24a–d)Ln 24	$16K	$16K
Total functional expensesLn 25	$284K	$175K	$93K	$16K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$361K	$284K	$77K	$687K	990 PDF
FY2023	$242K	$248K	−$6K	$610K	990 PDF
FY2022	$205K	$254K	−$49K	$691K	990 PDF
FY2021	$223K	$263K	−$40K	$728K	990 PDF
FY2020	$158K	$161K	−$3K	$673K	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $360,911 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $98,864$176,252

I-9 Program service revenuePrior year $67,032$62,271

I-10 Investment incomePrior year $5,610$33,474

I-11 Other revenuePrior year $70,300$88,914

I-12 Total revenuePrior year $241,806$360,911

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $137,424$149,714

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $110,597$134,158

I-18 Total expensesPrior year $248,021$283,872

I-19 Revenue less expensesPrior year −$6,215$77,039

Part VI · Governance 11 of 11 board members independent, 2 to look at

VI-1a Voting members of the governing body11

VI-1b Independent voting members11

VI-2 Family or business relationship among officers or directorsYes

VI-15a Process for setting top official's payNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $360,911 across 12 lines filed

Lines not itemized here account for $59,331 of total revenue; see the IRS return.

VIII-1b Membership dues$8,390

VIII-1c Fundraising events$15,520

VIII-1e Government grants$57,000

VIII-1f All other contributions, gifts and grants$95,342

VIII-1h Total contributions, gifts and grants$176,252

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $62,271$62,271

VIII-3 Investment incomeExcluded from tax $7,474$7,474

VIII-6 Net rental income or lossRelated to mission $20,031$20,031

VIII-7 Net gain or loss on sales of assetsExcluded from tax $26,000$26,000

VIII-8 Net income from fundraising eventsExcluded from tax $135$135

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,417$9,417

VIII-12 Total revenueRelated to mission $106,528 · Unrelated business $0 · Excluded from tax $78,131$360,911

Part IX · Statement of functional expenses $283,872 across 12 lines filed

IX-5 Pay of current officers, directors and key staffManagement $49,846 · Fundraising $12,462$62,308

IX-7 Other salaries and wagesPrograms $70,632$70,632

IX-9 Other employee benefitsPrograms $4,422$4,422

IX-10 Payroll taxesPrograms $6,563 · Management $4,631 · Fundraising $1,158$12,352

IX-11c Accounting feesManagement $24,196$24,196

IX-12 Advertising and promotionPrograms $2,935$2,935

IX-13 Office expensesPrograms $21,057 · Management $2,632 · Fundraising $2,632$26,321

IX-14 Information technologyPrograms $2,023 · Management $1,607$3,630

IX-16 OccupancyPrograms $34,920$34,920

IX-22 Depreciation, depletion and amortizationPrograms $14,537 · Management $9,692$24,229

IX-23 InsurancePrograms $1,531$1,531

IX-24 Other expenses (24a–d)Programs $16,396$16,396

IX-25 Total functional expensesPrograms $175,016 · Management $92,604 · Fundraising $16,252$283,872

Part X · Balance sheet $691,455 assets, 14 lines filed

X-1 Cash, non-interest-bearingStart of year $1,569$1,569

X-2 Savings and temporary cash investmentsStart of year $254,214$320,971

X-4 Accounts receivableStart of year $1,350$485

X-8 Inventories for sale or useStart of year $9,000$9,000

X-9 Prepaid expenses and deferred chargesStart of year $3,755$5,097

X-10c Land, buildings and equipment, netStart of year $140,281$146,536

X-12 Other securitiesStart of year $205,973$207,797

X-16 Total assetsStart of year $616,142$691,455

X-17 Accounts payable and accrued expensesStart of year $3,747$4,341

X-19 Deferred revenueStart of year $2,320$0

X-26 Total liabilitiesStart of year $6,067$4,341

X-27 Net assets without donor restrictionsStart of year $610,075$687,114

X-32 Total net assets or fund balancesStart of year $610,075$687,114

X-33 Total liabilities and net assetsStart of year $616,142$691,455

Part XI · Reconciliation of net assets $687,114 net assets at year end

XI-1 Total revenue$360,911

XI-2 Total expenses$283,872

XI-3 Revenue less expenses$77,039

XI-4 Net assets at start of year$610,075

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$687,114

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org