Civic Intelligence

Aaca Museum Inc.

990 • Fiscal year 2014 • EIN 25-1716419

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 04, 2015

161 Museum DriveHershey, PA 17033

(717) 566-7100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

36th percentile

0.12x

Higher debt load relative to assets than 36% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

76th percentile

0.83x

Higher debt load relative to revenue than 76% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

73rd percentile

14%

Higher net margin than 73% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

24th percentile

$102,695

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

44th percentile

1.8%

Faster asset growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

83rd percentile

30%

Faster revenue growth than 83% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Up

$14,385,309

Up $256,279 (+1.8%) from 2013

Net Assets

Up

$12,662,553

Up $293,358 (+2.4%) from 2013

Liabilities

Down

$1,722,756

Down $37,079 (-2.1%) from 2013

Revenue

Up

$2,065,768

Up $476,993 (+30%) from 2013

Expenses

Up

$1,778,267

Up $136,522 (+8.3%) from 2013

Net Income

Up

$287,501

Up $340,471 (+643%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $13,794,671Liabilities 2010: $2,054,403Net Assets 2010: $11,740,2682010Assets 2012: $14,392,304Liabilities 2012: $2,071,998Net Assets 2012: $12,320,3062012Assets 2013: $14,129,030Liabilities 2013: $1,759,835Net Assets 2013: $12,369,1952013Assets 2014: $14,385,309Liabilities 2014: $1,722,756Net Assets 2014: $12,662,5532014Assets 2015: $14,711,334Liabilities 2015: $1,755,298Net Assets 2015: $12,956,0362015Assets 2016: $14,760,018Liabilities 2016: $1,629,301Net Assets 2016: $13,130,7172016Assets 2017: $14,884,711Liabilities 2017: $1,618,032Net Assets 2017: $13,266,6792017Assets 2018: $17,411,485Liabilities 2018: $1,622,570Net Assets 2018: $15,788,9152018Assets 2019: $17,517,939Liabilities 2019: $1,627,731Net Assets 2019: $15,890,2082019Assets 2020: $18,115,188Liabilities 2020: $1,562,411Net Assets 2020: $16,552,7772020Assets 2021: $17,390,372Liabilities 2021: $600,396Net Assets 2021: $16,789,9762021Assets 2022: $17,225,784Liabilities 2022: $487,373Net Assets 2022: $16,738,4112022Assets 2023: $17,494,120Liabilities 2023: $467,818Net Assets 2023: $17,026,3022023Assets 2024: $18,160,209Liabilities 2024: $399,547Net Assets 2024: $17,760,6622024

Highlighted filing

2014

Assets$14,385,309
Liabilities$1,722,756
Net Assets$12,662,553

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,681,9942010Expenses 2012: $1,520,5412012Revenue 2013: $1,588,775Expenses 2013: $1,641,745Net Income 2013: -$52,9702013Revenue 2014: $2,065,768Expenses 2014: $1,778,267Net Income 2014: $287,5012014Revenue 2015: $2,053,388Expenses 2015: $1,762,180Net Income 2015: $291,2082015Revenue 2016: $1,853,767Expenses 2016: $1,686,794Net Income 2016: $166,9732016Revenue 2017: $1,844,110Expenses 2017: $1,810,791Net Income 2017: $33,3192017Revenue 2018: $2,033,768Expenses 2018: $1,854,421Net Income 2018: $179,3472018Revenue 2019: $1,558,368Expenses 2019: $1,703,109Net Income 2019: -$144,7412019Revenue 2020: $2,580,356Expenses 2020: $1,396,797Net Income 2020: $1,183,5592020Revenue 2021: $1,763,207Expenses 2021: $1,563,197Net Income 2021: $200,0102021Revenue 2022: $1,957,019Expenses 2022: $1,866,569Net Income 2022: $90,4502022Revenue 2023: $2,047,230Expenses 2023: $1,890,939Net Income 2023: $156,2912023Revenue 2024: $2,499,027Expenses 2024: $1,865,403Net Income 2024: $633,6242024

Highlighted filing

2014

Revenue$2,065,768
Expenses$1,778,267
Net Income$287,501
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 4, 2015
Return Version
2014v5.0
Gross Receipts
$2,895,785
Mission and Program Overview

Mission

The aaca museum is dedicated to the preservation and presentation of motor vehicle history in a manner that provides for the education and entertainment of our guests.our goal is to deliver a world class automotive experience through innovative and interactive exhibits that appeal to all ages and illustrate the historical evolution and potential future impacts of one of the most culturally defining innovations of modern times.

To acquire, maintain, and display to the public, various modes of antique transportation and related items, and to educate the public with respect to the history of transportation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,986,877$5,849,238▼ $137,639
Investments in Publicly Traded Securities$1,068,585$1,297,362▲ $228,777
Savings and Temporary Cash Investments$348,122$186,787▼ $161,335
Inventories for Sale or Use$76,652$104,572▲ $27,920
Prepaid Expenses and Deferred Charges$77,851$74,164▼ $3,687
Accounts Receivable$83,053$68,034▼ $15,019
Cash and Non-Interest-Bearing Accounts$3,997$6,658▲ $2,661
Total Assets$14,129,030$14,385,309▲ $256,279
Other Assets Total$6,483,893$6,798,494▲ $314,601
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,323,986$1,389,254▲ $65,268
Deferred Revenue$297,707$250,198▼ $47,509
Accounts Payable and Accrued Expenses$104,756$82,504▼ $22,252
Other Liabilities$33,386$800▼ $32,586
Total Liabilities$1,759,835$1,722,756▼ $37,079
Net Assets / Fund Balance
Unrestricted Net Assets$11,670,028$11,936,601▲ $266,573
Permanently Rstr Net Assets$521,213$528,796▲ $7,583
Temporarily Rstr Net Assets$177,954$197,156▲ $19,202
Total Net Assets Fund Balance$12,369,195$12,662,553▲ $293,358
Total Liabilities and Net Assets / Fund Balance$14,129,030$14,385,309▲ $256,279

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,741,269$1,914,414$6,655,683
Land$1,055,324-$1,055,324
Equipment$52,645$443,938$496,583
Other Assets Org$3,549--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,318,949$7,583▲ $71,429-$1,397,961
2013$1,158,552$1,825▲ $158,572-$1,318,949
2012$1,061,788$6,315▲ $90,449-$1,158,552
2011$983,299$5,880▲ $72,609-$1,061,788
2010$937,201$28,415▲ $17,683-$983,299
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark LizewskieExecutive DiFT$102,618$77$102,695

Board Members and Trustees

NameTitle
William EdmundsPresident
William H SmithAltn Board M
Antonia W RothmanBoard Member
Dale YingstBoard Member
Darwin E ClarkBoard Member
Donald E Schell JrBoard Member
Edward LaceyBoard Member
Henry W Hallowell IiiBoard Member
J Thomas CollinsBoard Member
Jonathan I GriggsBoard Member
Mark Bennett PhdBoard Member
Richard a ClyneBoard Member
William CoxBoard Member
William D CammackBoard Member
William S RothermelBoard Member
Bryan W ShookSecretary
Ralph J FetrowcfpTreasurer
Richard P Sills EsqVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,146,280
Program Service Revenue
$806,779
Investment Income
$-107,792
Other Revenue
$220,501
All Other Contributions
$1,117,272
Change in Net Assets
$287,501

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles29$703,239Professional Appraisal
Total Noncash Contributions29$703,239-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,065,768
Revenue Not Reported on Form 990
$112,179
Total Revenue per Audited Statements
$2,177,947
Total Revenue per Form 990
$2,065,768
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$910,820
Salaries, Compensation, and Employee Benefits$867,447
Total Fundraising Expense$42,053
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$461,731$151,802$18,975$632,508
Depreciation Depletion$184,676$22,825-$207,501
Advertising$170,306--$170,306
Occupancy$140,594$19,172-$159,766
Office Expenses$103,712$14,143-$117,855
Current Officers, Directors, Trustees, and Key Employees$74,911$24,628$3,079$102,618
Insurance$69,237$3,644-$72,881
Payroll Taxes$52,399$17,227$2,153$71,779
Other Employee Benefits$38,142$9,081$13,319$60,542
Interest$38,353$5,230-$43,583
Fees for Services Legal$7,277$10,472-$17,749
Fees for Services Accounting$4,592$6,607-$11,199
Travel$7,737$910$455$9,102
Other Expenses$7,820$1,066$2,448$8,886
All Other Expenses$6,050$805$1,401$8,256
Fees for Services Other$2,467$3,549-$6,016
Information Technology$2,784$155$155$3,094
Conferences and Meetings$1,160$137$68$1,365
Total Functional Expenses$1,443,356$292,858$42,053$1,778,267

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,884,589
Expenses per Audited Statements$1,778,267
Total Expenses per Form 990$1,778,267
Expenses Not Reported on Form 990$106,322
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$207,097
Fundraising Direct Expenses$106,322
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Night at the Mu$48,852$48,852$23,226$25,626
Auctions & Raff$36,165$36,165$29,691$6,474
Total Events$202,737$202,737$106,322$96,415
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$800
Sales Tax Payable-
Special Events Deposit-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 was reviewed and approved by organizations board of directors.

Form 990, Page 6, Part VI, Line 12C

The organization has a written "conflict of interest" disclosure that is reviewed and signed annually by the board of directors and officers.

Form 990, Page 6, Part VI, Line 15A

The executive directors starting compensation is determined by a search committee of the aaca museums board of directors and based on an equitable analysis of comparable positions in the job salary market, internal salaries, the individuals salary history, and the aaca museum's budget. The recommendation of the search committee is approved by the board policy and compensation committee and the board of directors. Subsequent increases are based on performance appraisals, the recommendation of the board president and approval by the board.

Form 990, Page 6, Part VI, Line 19

The organization's documents and policies are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Aaca Museum Inc
EIN
25-1716419
Phone
7175667100
Address
161 MUSEUM DRIVE, HERSHEY, PA 17033

Signing Officer

Name
Mark Lizewskie
Title
Executive Director
Phone
7175667100
Signed
2015-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Lizewskie Exec Dir
Formed
1993
Legal Domicile
Pa
Voting Board Members
18
Independent Board Members
18
Employees
43
Volunteers
195

Preparer

Firm
Hamilton & Musser Pc Cpas
Address
176 CUMBERLAND PARKWAY, MECHANICSBURG, PA 17055
Preparer
Daniel S Berger
Phone
7176973888
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To acquire, maintain, and display to the public, various modes of antique transportation and related items, and to educate the public with respect to the history of transportation.

Form 990, Page 2, Part III, Line 4A

Exhibits in additional to the permanent exhibits. Changes are made periodically so that the display remains interesting to the public. Many of the antique motor vehicles displayed in the upper level of the museum are arranged in galleries, with each representing a different era, and a different geographical area of the country. Each display includes a highly detailed diorama that presents the vintage vehicles in a context that brings the history of the automobile to life. The displays place each automobile in the context of american culture at the time it was produced. For example, the earliest antique cars (pre-1910 era) are displayed next to a tiny machine shop in a scene that represents turn-of-the-century new york. The machine shop reflects the manner in which cars were typically serviced and repaired in that era. The 1920s cars are displayed in front of an artistic mural showing several panoramic views of downtown hershey, pennsylvania in the 1920s. The 1930s cars are shown in a scene that represents an art-deco hotel in miami beach, florida, in that era. The 1940s cars are shown in front of a "service station" of that era, authentically replicated to include a supply of automotive lubricants and other products that would be available at that time. The service station even has a "bell hose" that rings to let the attendant know that a customer has arrived. Next to the station is a restored 1930s fuel tanker truck, ready to pump the station's tanks full of 20-cent-per-gallon gasoline. The 1950s cars are shown at a drive-in theater that was popular in the era. Other displays depict 1960s cars in a scene representing the rocky mountains, and 1970s and 80s cars in a scene reflecting the golden gate bridge in california. The cammack gallery on the main floor was re-purposed in october of 2014 to house the world's largest collection of tucker automobiles and related artifacts. Key collection elements include 3 tucker '48 automobiles including the first production tucker 1001, the only surviving tucker with automatic transmission, several experimental engines and the factory test chassis to name a few. The exhibit educates the audience regarding the life and career of preston tucker, whose innovative designs and efforts to compete with the major auto manufacturers made him a significant historical figure. The exhibits trace mr. Tucker's life and career, including his early days with an interest in racing, his years of labor to develop a revolutionary new automotive design, the triumphant introduction of his "car of tomorrow", and the legal travails that followed. Mr. Tucker's life story was the subject of a popular movie released in 1988, and remains of great interest to our visitors. This permanent exhibit continues to grow with new exhibit cases, wheel interactives and other educational pieces. Special featured exhibits occur each year and are incorporated throughout a variety of gallery spaces. For example, these exhibits have focused on "brass-era" automobiles (pre-1920), wooden-bodied automobiles, trucks, and the so-called "muscle cars" of the 1950s, 1960s and 1970s. Exhibits have also included cars from notable private collections, all of which are loaned to the museum without charge for the benefit of the public. The lower level of the museum includes additional displays of historically significant cars, often including a vintage ambulance and hearse, to show the usage of "professional cars" in our country's early history. Featured temporary exhibits in this area include a yearly summer exhibit which typically features motorcycles, scooters or related smaller vehicles. Changing themes have included "indian nation" focused on indian motorcycles, "motorbikes for the masses" focused on scooters and mopeds, and "fast from the past" focused on racing bikes. In addition, the museum exhibits about a dozen historic buses owned by the museum of bus transportation. This display includes buses from all eras of the twentieth century -

Form 990, Part XI, Line 9

Event expenses 106,322 event expenses -106,322

Financial Statement Notes

Schedule D, Page 2, Part III, Line 4

See program accomplishments for description of collections.

Schedule D, Page 2, Part V, Line 4

To support the long term financial health of the museum.

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the museum. Management evaluated the tax positions taken and concluded that the museum had taken no uncertain tax positions that require recognition or disclosure in the financial statements. No provision or benefit for income taxes has been included in these financial statements. With few exceptions, the museum is no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities for years before december 31, 2011.

Schedule D, Page 4, Part XI, Line 2D

EVENT EXPENSES 106,322

Schedule D, Page 4, Part XII, Line 2D

EVENT EXPENSES 106,322

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.2$0.40$17.8$2.50$1.87$0.63
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$0.47$17.0$2.05$1.89$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.2$0.49$16.7$1.96$1.87$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.4$0.60$16.8$1.76$1.56$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.1$1.56$16.6$2.58$1.40$1.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$1.63$15.9$1.56$1.70$0.14
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$1.62$15.8$2.03$1.85$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$1.62$13.3$1.84$1.81$0.03
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$1.63$13.1$1.85$1.69$0.17
2015Detailed filing. Detailed filing data is available for this year.$14.7$1.76$13.0$2.05$1.76$0.29
2014Detailed filing. Detailed filing data is available for this year.$14.4$1.72$12.7$2.07$1.78$0.29
2013Detailed filing. Detailed filing data is available for this year.$14.1$1.76$12.4$1.59$1.64$0.05
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.4$2.07$12.3$1.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$2.05$11.7$1.68