Overview
What is Indianapolis Motor Speedway Foundation Inc?
The Indianapolis Motor Speedway Foundation Inc, based in Indianapolis, Indiana, is a nonprofit organization dedicated to managing a museum, its collection, and public programs. The museum showcases historically and culturally significant items, such as vehicles, race cars, racing artifacts, artwork, and publications. With a rotating and permanent exhibit focus on the history and impact of the Indianapolis Motor Speedway, IndyCar racing, and motorsports, the museum offers unique tours of the speedway track and facilities. Educational and informational programming for the public, including field trips and lifelong learning opportunities, is a key aspect of the museum's mission. Additionally, the museum conducts a School Day Program during the Indy 500 practice days, engaging over 8,000 students annually. The Indianapolis Motor Speedway Museum celebrates over a century of innovation, thrill, and cultural significance in motor racing at the Indianapolis Motor Speedway. Currently, the organization has 113 employees.
Official website here: www.imsmuseum.org
Is Indianapolis Motor Speedway Foundation Inc legitimate?
Indianapolis Motor Speedway Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indianapolis Motor Speedway Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $514,637
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,528,623
For more financial information, click here
Official website here: www.imsmuseum.org
What is the mission statement of Indianapolis Motor Speedway Foundation Inc?
The Indianapolis Motor Speedway Foundation preserves and celebrates the innovation, thrill, and cultural significance of motor racing history. The organization manages a museum and its collection, which includes historically and culturally significant items such as vehicles, race cars, racing artifacts, artwork, and publications. Through a combination of rotating and permanent exhibits, the museum focuses on the history and impact of the Indianapolis Motor Speedway, IndyCar racing, and motorsports. Unique tours of the track and facilities, alongside educational and informational programming, are central to the museum's work. The foundation engages with students through a school day program during the Indianapolis 500 Mile Race, with over 8,000 students participating in 2022.
Official website here: www.imsmuseum.org
Who is the CEO of Indianapolis Motor Speedway Foundation Inc?
Constance Lund is the President of Indianapolis Motor Speedway Foundation Inc.
Official website here: www.imsmuseum.org
What is the revenue of Indianapolis Motor Speedway Foundation Inc?
Indianapolis Motor Speedway Foundation Inc's revenue in 2022 was $16,312,669.
Official website here: www.imsmuseum.org
Who are the executives of Indianapolis Motor Speedway Foundation Inc and what are their salaries?
The average compensation at Indianapolis Motor Speedway Foundation Inc during 2022 was $18,082. There are 113 employees and 12 volunteers at Indianapolis Motor Speedway Foundation Inc.
Here are 15 key members and their salaries:
- John Joseph Hale Jr (President)
- Kara Kovert Pray (Vice Pres Of Marketing & Comm)
- Constance Lund (Treasurer & Director)
- Jeffrey B Smith (Secretary And Director)
- Robert Dyson (Chair And Director)
- Kirk Hendrix (Director)
- Fred J Nation (Director)
- Chris Macallister (Director)
- Robert Rahal (Director)
- Chuck Jones (Director)
- Marlyne Sexton (Director)
- Scott Borchetta (Director)
- Douglas Boles (Director)
- Dujuan Mccoy (Director)
- John Gaidoo (Director (End 6/22))
Official website here: www.imsmuseum.org
Where can I find the form 990 for Indianapolis Motor Speedway Foundation Inc?
The Indianapolis Motor Speedway Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.imsmuseum.org
Learn more at the official website: www.imsmuseum.org
Mission Statement of Indianapolis Motor Speedway Foundation Inc
The Indianapolis Motor Speedway Foundation, Inc. is dedicated to celebrating the innovation, thrill, and cultural significance of racing at the Indianapolis Motor Speedway. Through its museum and public programs, the organization preserves the history behind the iconic race track and the Indy 500.
At the heart of the Indianapolis Motor Speedway Foundation is the museum, which houses a vast collection of historically and culturally significant items. These treasures include vehicles, race cars, racing artifacts, artwork, and publications. The museum offers a combination of rotating and permanent exhibits that delve into the history and impact of the Indianapolis Motor Speedway, IndyCar racing, and motorsports. Visitors can enjoy unique tours of the speedway track and facilities, providing an immersive experience into the world of racing.
Educational and informational programming for the public is a key focus for the Indianapolis Motor Speedway Foundation. From school field trips to lifelong learning opportunities, the museum engages students and adults alike. The organization conducts a School Day Program each May during the five practice days for the Indianapolis 500 Mile Race, with over 8,000 students participating in 2022. This comprehensive approach to sharing the history and excitement of racing ensures that the legacy of the Indianapolis Motor Speedway lives on for generations to come.
Impact
This information is meant to be a general summary of Indianapolis Motor Speedway Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The impact of the Indianapolis Motor Speedway Foundation Inc is the celebration of the innovation, thrill, and cultural significance of racing at the Indianapolis Motor Speedway. It aims to preserve the rich history behind the Speedway and the iconic Indianapolis 500 race. Through managing a museum, curating a collection of historically and culturally significant items such as vehicles, race cars, racing artifacts, artwork, and publications, the foundation brings to life the history and impact of the Indianapolis Motor Speedway, IndyCar racing, and motorsports. Additionally, the foundation offers educational and informational programming for the public, ranging from students on field trips to lifelong learning opportunities, and conducts a special school day program each May for thousands of students during the Indianapolis 500 Mile Race practice days.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROUND AND TRACK TOURS
Revenue
$1,327,485
MUSEUM ADMISSIONS
Revenue
$1,449,650
REIMBURSED SERVICES
Revenue
$121,700
RENTAL
Revenue
$339,833
OTHER INCOME
Revenue
$42,133
Organization Details
Founding Year
1957
Phone
(317) 492-5704
Principal Officer
Constance Lund
Main Address
4750 WEST 16TH STREET, INDIANAPOLIS, IN, 46222
Website
www.imsmuseum.org
NTEE Category
Code: N70 - Recreation
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