nonprofit logo

Petersen Automotive Museum Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 954739699 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Petersen Automotive Museum Foundation?

The Petersen Automotive Museum Foundation, located at 6060 Wilshire Boulevard in Los Angeles, California (90036), is a nonprofit organization dedicated to showcasing the history of the automobile and its influence on global life and culture. Through the development, production, and implementation of both permanent and rotating exhibits, as well as the dissemination of museum content via online channels, the Foundation brings the museum and its collection to a wider audience. With a team of 219 employees, the Petersen Automotive Museum Foundation aims to explore and present the intriguing story of the automobile and its far-reaching impact on our world.


Official website here: www.petersen.org

Is Petersen Automotive Museum Foundation legitimate?

Petersen Automotive Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Petersen Automotive Museum Foundation 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: $841,468
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,112,953

For more financial information, click here


Official website here: www.petersen.org

What is the mission statement of Petersen Automotive Museum Foundation?

The Petersen Automotive Museum Foundation is dedicated to exploring and presenting the history of the automobile and its influence on global life and culture. Through exhibits and programs, the museum showcases the development, production, and implementation of permanent and rotating displays. Additionally, the museum broadens its reach by disseminating its content through online channels, allowing a wider audience to engage with its collection.


Official website here: www.petersen.org

Who is the CEO of Petersen Automotive Museum Foundation?

Terry Karges is the Executive Director of Petersen Automotive Museum Foundation.


Official website here: www.petersen.org

What is the revenue of Petersen Automotive Museum Foundation?

Petersen Automotive Museum Foundation's revenue in 2022 was $27,055,446.


Official website here: www.petersen.org

Who are the executives of Petersen Automotive Museum Foundation and what are their salaries?

The average compensation at Petersen Automotive Museum Foundation during 2022 was $36,322. There are 219 employees and 195 volunteers at Petersen Automotive Museum Foundation.

Here are 28 key members and their salaries:

    Terry Karges (Executive Director)
  • Compensation: $338,846
  • Related: $0
  • Other: $36,200

    • Sandra Landicho (Chief Financial Officer)
  • Compensation: $238,496
  • Related: $0
  • Other: $4,993

    • Michael Bodell (Chief Operating Officer)
  • Compensation: $208,037
  • Related: $0
  • Other: $14,896

    • Bryan Stevens (Exhibits Director)
  • Compensation: $132,126
  • Related: $0
  • Other: $12,310

    • John Yanez (Controller)
  • Compensation: $107,116
  • Related: $0
  • Other: $16,203

    • Leslie Kendall (Chief Historian)
  • Compensation: $104,978
  • Related: $0
  • Other: $17,705

    • Dana Williamson (Collections Manager)
  • Compensation: $101,273
  • Related: $0
  • Other: $14,335

    • Lincoln Ramirez (Collections Development Manager)
  • Compensation: $106,953
  • Related: $0
  • Other: $7,977

    • Richard Varner (Chairman/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Meyer (Vice-Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Mullin (Vice-Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Sydorick (Vice-Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William H Ahmanson (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Roeder (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Conner Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vin Di Bona (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juan Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mckeel Hagerty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Hammer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Sabrina Kay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kent Kresa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Nearburg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Penske (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby Rahal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wolfgang Porsche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Duke Of Richmond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phillip Sarofim (Director (Left 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.petersen.org

    Where can I find the form 990 for Petersen Automotive Museum Foundation?

    The Petersen Automotive Museum Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.petersen.org

    Learn more at the official website: www.petersen.org

    Mission Statement of Petersen Automotive Museum Foundation

    The Petersen Automotive Museum Foundation is a pioneering organization with a mission to delve into the history of the automobile and its profound influence on global life and culture. Through its exhibits and programs, the Museum engages the general public, showcasing the evolution of vehicles from their inception to the present day.

    The Foundation's primary focus lies in the creation and presentation of both permanent and rotating exhibits. These meticulously curated displays breathe life into the Museum, offering visitors an immersive experience as they discover the intricacies of automobile development, production, and implementation. Furthermore, the Foundation disseminates museum content through various digital channels, ensuring a wider reach and accessibility to diverse audiences.

    The Petersen Automotive Museum Foundation is dedicated to preserving the rich history of the automobile and its impact on society. By sharing captivating stories, the organization transports visitors back in time, allowing them to appreciate the transformative role of automobiles in our lives and the world around us. From the inception of the first cars to the innovative designs of the modern era, the Petersen Automotive Museum Foundation invites everyone to explore the fascinating journey of automotive history.

    Impact

    This information is meant to be a general summary of Petersen Automotive Museum Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Petersen Automotive Museum Foundation's impact lies in its exploration and presentation of the history of the automobile and its influence on global life and culture. Through its exhibits and programs, the foundation educates and engages the general public with its collection. By developing, producing, and implementing both permanent and rotating exhibits, as well as disseminating museum content online, the foundation enhances understanding and appreciation of automotive history. Based in Los Angeles, California, the foundation's mission to delve into the impact of automobiles on society contributes to the broader conversation surrounding art and culture.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,753,330
  • Program Service Revenue: $6,573,456
  • Gross Receipts: $32,061,280

    • Assets and Liabilities:
  • Total Assets: $215,784,582
  • Total Liabilities: $54,786,415
  • Net Assets: $160,998,167
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MUSEUM ADMISSION FEES

    Revenue

    $6,027,775

    MEMBERSHIP EVENTS

    Revenue

    $545,681

    Organization Details

    Founding Year

    1999

    Principal Officer

    Terry Karges

    Main Address

    6060 WILSHIRE BOULEVARD, LOS ANGELES, CA, 90036

    NTEE Category

    Code: A500 - Arts

    If you are a representative of Petersen Automotive Museum Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.