Hale Auto Museum in Frankfort, Michigan (MI)

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Hale Auto Museum
Employer Identification Number (EIN)460867710
Name of OrganizationHale Auto Museum
Address1211 Crystal Dr, Frankfort, MI 49635-9507
SubsectionCharitable Organization
Ruling Date01/2014
DeductibilityContributions are deductible
FoundationPrivate operating foundation (other)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$252,000
Amount of Income$30,151
Form 990 Revenue Amount$30,151
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Museum, Museum Activities


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Amount of income in 2013: $30,151
This organization: 

 $30,151
Other organizations performing similar types of work: 

 $69,335

Assets in 2013: $252,000
This organization: 

 $252,000
Other organizations performing similar types of work: 

 $145,105

Expenses in 2013: $30,151
Hale Auto Museum: 

 $30,151
Other organizations performing similar types of work: 

 $47,186

Income to expenses ratio in 2013: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 26.3%

Financial snapshot for 2013 ($)

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$30,151$0$0
Contributions, gifts, grants, etc., received$30,151
Interest on savings and temporary cash investments$0
Dividends and interest from securities$0
Gross rents$0
Gross sales price for all assets$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$30,151$0$0$0
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$6,084
Accounting fees$0
Interest$0
Depreciation$0
Occupancy$18,847
Travel, conferences, and meetings$698
Printing and publications$504
Total operating and administrative expenses$30,151$0$0
Contributions, gifts, grants paid$0
Excess of revenue over expenses and disbursements$0
Net investment income$0
Adjusted net income$0
Balance Sheets
2013
Book ValueFair Market Value
Total assets$252,000$252,000
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Other assets$0
Total liabilities$0
Total liabilities and net assets/fund balances$252,000
Capital Gains and Losses for Tax on Investment Income
2013
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income
2013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$0
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$0
Overpayment$0
Amount to be credited to next year's estimated tax$0
Statements Regarding Activities
2013
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Has the foundation engaged in any activities that have not previously been reported to the IRS?No
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?No
Has the foundation filed a tax return on Form 990-T for this year?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?Yes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?Yes
Did any persons become substantial contributors during the tax year?No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041No
Statements Regarding Activities for Which Form 4720 May Be Required
2013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?No
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?No
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?No
Minimum Investment Return
2013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$0
Net value of noncharitable-use assets$0
Minimum investment return$0
Distributable Amount
2013
Distributable amount$0
Undistributed Income
2013
Distributable amount for this year$0
Undistributed income for this year. This amount must be distributed in the next year$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
The lesser of the adjusted net income or the minimum investment return$30,151$264,699$0$0$294,850
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$1$0$0$0$1
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Supplementary Information (for 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$0
Dividends and interest from securities$0$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Trust For African Rock Arts77 W Wacker Dr, Chicago, IL 60601-1604IL2001-09$595,502
2Sw Michigan Ltc Connections Inc2900 Lakeview Ave, Saint Joseph, MI 49085-2379MI2009-01$2,299,576
3The Reid Family Foundation3159 Alco Dr, Waterford, MI 48329-2203MI2001-02$1,855,952
4Top Of The Lake Snowmobile MuseumP O Box 2, Naubinway, MI 49762MI2009-04$115,217
5Southern Michigan Railroad Society IncPO BOX A, Clinton, MI 49236-0001MI2014-06$91,700
6Copper Colored Mountain Arts Inc7073 West Liberty Rd, Ann Arbor, MI 48103MI2010-10$48,810
7Grand Army Of The Republic Department Of Michigan James B Bra5287 Brookside Ln, Washington, MI 48094-2678MI2014-08$46,490
8Hale Auto Museum1211 Crystal Dr, Frankfort, MI 49635-9507MI2014-01$30,151
9St Charles Area Museum603 Chesaning Street, St Charles, MI 48655MI2011-04$12,923
10Region Of Three Oaks Museum215 Ash St, Three Oaks, MI 49128MI2008-09$12,697
11Soo Locks Visitor Center Association IncPO BOX 666, Sault Ste Marie, MI 49783-0666MI2004-09$9,424
12The@jack Krasula Foundation Of Sports History28411 Northwestern Hwy Ste 850, Southfield, MI 48034-5522MI2004-05$2,992
13Rails On Wheels525 E Michigan Ave Ste 151, Saline, MI 48176MI1999-12$992
14Us Military Hall Of Fame Inc2391 M 32, East Jordan, MI 49727-9115MI2013-12$925
15Aeronca Aircraft History Museum2285 Ore Creek Ln, Brighton, MI 48114MI2011-06$0
16Alberta Village Museum21235 Alberta Ave, Lanse, MI 49946-9564MI2002-03$0
17Alpha Historical MuseumPo Box 7, Alpha, MI 49902-0007MI2005-04$0
18American Farm And Garden9366 Stony Creek Road, Ypsilanti, MI 48197MI2013-03$0
19Automotive History Preservation Society1323 E Main St, Flushing, MI 48433-2243MI2015-02$0
20Bailey Property Preservation Association Inc, West Shore Comm Fishing MuseumN6634 S Harbor Ln, Menominee, MI 49858MI1998-01$0
Number of organizations performing similar types of work
Alaska12
Alabama38
Arkansas28
Arizona44
California277
Colorado64
Connecticut37
District of Columbia17
Delaware10
Florida130
Georgia75
Hawaii20
Iowa54
Idaho20
Illinois84
Indiana71
Kansas48
Kentucky37
Louisiana50
Massachusetts67
Maryland54
Maine40
Michigan76
Minnesota41
Missouri63
Mississippi32
Montana17
North Carolina76
North Dakota13
Nebraska23
New Hampshire16
New Jersey58
New Mexico29
Nevada23
New York175
Ohio107
Oklahoma56
Oregon52
Pennsylvania99
Rhode Island11
South Carolina41
South Dakota13
Tennessee42
Texas216
Utah27
Virginia68
Vermont10
Washington71
Wisconsin65
West Virginia24
Wyoming15
International8
Total2,844

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