Financial Information for Formula Automotive Museum

Formula Automotive Museum's annual revenue was $183K in tax year 2024, reported on their IRS Form 990. They spent $30K in total expenses. 84% went to programs and services.

Financial Breakdown

What is Formula Automotive Museum's total annual expenses?

Formula Automotive Museum spent $30K in tax year 2024, according to their IRS Form 990 filing.

How much of Formula Automotive Museum's budget goes to programs?

Formula Automotive Museum spent $25K (84% of expenses) on programs and services in tax year 2024.

How much does Formula Automotive Museum spend on overhead?

Formula Automotive Museum's overhead in tax year 2024 includes administrative (16%) and fundraising (0%) of their expenses.

What is Formula Automotive Museum's net worth?

Formula Automotive Museum had net assets of $361K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.