EIN 74-2519972

National Corvette Museum (NCM)

IRS 501(c) type
501(c)(3)
Num. employees
198
Year formed
1988
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The mission of the National Corvette Museum is to educate worldwide audiences on the evolution of the Corvette -- America's Sports Car -- through collection, preservation, and celebration of its legacy.
Also known as...
National Corvette Museum Foundation
Total revenues
$20,794,905
2022
Total expenses
$13,564,882
2022
Total assets
$82,060,290
2022
Num. employees
198
2022

Program areas at NCM

Tours and exhibits: the ncm provided educational tours to 218,474 people during 2022. 3,191 students participated in the educational tours. Tours include a 13-minute video on the history of the Corvette and educational period-era exhibits. One exhibit includes a scene from the Corvette assembly plant as workers talk first-hand about their career of building automobiles.
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.
Special events programs: 1,947 people participated in the special events programs in 2022. 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.
Plant tours: plant tours returned in 2022 after five long years of absence from our tour offerings. From the launch in october, through the end of the year, we welcomed 2,769 guests to the plant. Not only does this program generate additional revenue for the Museum, but it also helps further the mission of the Museum to educate world-wide audiences about the Corvette and how it is produced.the design and engineering area shows how the automobile design goes from sketches to clay models, and a cut-away chassis shows the inner backbone of a vehicle. An actual crash test car and active video demonstrates the importance of wearing seat belts and encourages vehicle safety. In 2016, the new skydome sinkhole experience exhibit opened that tells the story of the sinkhole that collapsed inside the Museum, why it happened, how the buried cars were recovered, how the building was repaired, and what the karst and cave landforms are.corvette cafe/corvette store: we offer a number of catering options for private events at the Museum, school group guests, and other large groups of guests. The cafe is located in the Museum for the convenience of guests visiting our attractions. The Corvette store at ncm is the ideal place to find anything Corvette. We have a wide selection of apparel, home items, artwork and items to allow you to customize your corvette.marketing and communications: america's sports car magazine is a quarterly publication mailed to 25,000 households, clubs and businesses that educates readers on happenings at the ncm and Corvette history, including articles on specific exhibits to inform those that cannot physically come to the Museum. Ncm e-news is a weekly email communication sent to over 80,000 subscribers with shorter educations stories/videos and new items on Corvette, the Museum and upcoming car shows and events. The Museum also has accounts on youtube and vimeo offering regular video content on various Corvette topics. The Museum website is a resource for researching Corvette, including details on every model year.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 ncm from individual enthusiasts, publishing companies, print media, aftermarket suppliers, clubs and organizations such as ncrs, and from gm/chevrolet.other program services include educational instruction such as the teen driving academy, vette camp and traveling trunks and visits to schools. Additional programs include website and magazine outreach, membership services, and attending shows around the country.the gateway exhibit tells the story behind the creation of Corvette, looking at the culmination of european sports cars being imported by wwii veterans, small american auto manufacturers building low production sports cars, and the development of fiberglass. The exhibit discusses the role harley earl played at general motors to bring all of these factors together to create Corvette america's sports car.

Who funds National Corvette Museum (NCM)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$55,600
Greater Houston Community FoundationArts$31,000
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$11,000
...and 8 more grants received

Personnel at NCM

NameTitleCompensation
Sharon A. BrawnerBoard Member$264,725
Amanda ThomasDirector of Human Resources and Business Operations$128,241
Joshuah CaskeyDirector of Finance$127,194
Mandi ThomasBoard Member
Tammy BryantDirector of Collections and Education / Corvette Store Manager and Buyer$105,050
...and 6 more key personnel

Financials for NCM

RevenuesFYE 12/2022
Total grants, contributions, etc.$6,301,294
Program services$5,989,079
Investment income and dividends$268,519
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$752,736
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$2,919,415
Net income from sales of inventory$2,949,967
Miscellaneous revenues$1,613,895
Total revenues$20,794,905

Form 990s for NCM

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-02990View PDF
2021-122022-11-11990View PDF
2020-122021-11-11990View PDF
2019-122021-02-26990View PDF
2018-122020-02-18990View PDF
...and 9 more Form 990s
Data update history
January 11, 2024
Updated personnel
Identified 4 new personnel
December 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $31,000 from Greater Houston Community Foundation
December 24, 2023
Used new vendors
Identified 3 new vendors, including , , and
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanities
Characteristics
MembershipsReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
350 Corvette Dr
Bowling Green, KY 42101
Metro area
Bowling Green, KY
County
Warren County, KY
Website URL
corvettemuseum.org/ 
Phone
(270) 781-7973
Facebook page
corvettemuseum 
Twitter profile
@corvettemuseum 
IRS details
EIN
74-2519972
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A50: Museums
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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