NATIONAL CORVETTE MUSEUM FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

NATIONAL CORVETTE MUSEUM FOUNDATION INC

EIN 74-2519972 · Arts, Culture & Humanities (A500)

What they do

THE MISSION of THE NATIONAL CORVETTE MUSEUM FOUNDATION is to EDUCATE WORLDWIDE AUDIENCES ON THE EVOLUTION of THE CORVETTE AMERICAS SPORTS CAR THROUGH COLLECTION, PRESERVATION, and CELEBRATION of ITS LEGACY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $61.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

53.41%of revenue went to mission work61.2% of expenses · Program services

1.02%of revenue went to fundraising1.2% of expenses

$87.24spent for every $100 of revenueRevenue covered expenses this year.

32.81%of revenue went to management and office costs37.6% of expenses

$4.91in assets for every $1 spent this yearSome assets cannot be spent right away.

9.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $329,856 for SHARON BRAWNER (CEO/PRESIDENT (PARTIAL YEAR)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$19,478,552

Mission workProgram services$10,402,85153.41% of revenue61.2% of expenses

ManagementOffice and general costs$6,391,27332.81% of revenue37.6% of expenses

FundraisingAsking for donations$198,2811.02% of revenue1.2% of expenses

Revenue left after expensesReported annual surplus$2,486,14712.76% of revenueShown in gray on the chart

Total expenses$16,992,40587.24% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 61.2% mission · 37.6% management · 1.2% fundraisingTotal expenses: 87.24% of revenue

2023Expense mix: 67.8% mission · 30.5% management · 1.7% fundraisingTotal expenses: 85.22% of revenue

2022Expense mix: 76.4% mission · 21.0% management · 2.7% fundraisingTotal expenses: 65.23% of revenue

2021Expense mix: 75.3% mission · 21.9% management · 2.8% fundraisingTotal expenses: 70.30% of revenue

2020Expense mix: 71.4% mission · 25.1% management · 3.6% fundraisingTotal expenses: 82.41% of revenue

2019Expense mix: 67.0% mission · 28.6% management · 4.4% fundraisingTotal expenses: 79.27% of revenue

2018Expense mix: 68.3% mission · 28.0% management · 3.7% fundraisingTotal expenses: 76.88% of revenue

2017Expense mix: 59.9% mission · 37.1% management · 3.0% fundraisingTotal expenses: 77.11% of revenue

Money in and money out

Revenue$19,478,552

Expenses$16,992,405

Annual surplus $2,486,147 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,402,851 · 61.2% of expenses

Management and office costs$6,391,273 · 37.6% of expenses

Fundraising$198,281 · 1.2% of expenses

See all reported dollar amounts

Revenue$19,478,552

Expenses$16,992,405

Assets$83,414,796

Income$24,876,959

Contributions$1,776,340

Mission work (program services)$10,402,851

Fundraising$198,281

Management and general$6,391,273

Executive compensation (total)$668,086

Stocks and bonds$22,464,932

Accounting fees$60,084

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SHARON BRAWNERCEO/PRESIDENT (PARTIAL YEAR) · 40 hrs/week $329,856Base $326,640 · Other $3,216

AMANDA THOMASDIRECTOR OF HR & BUSINESS · 40 hrs/week $187,171Base $172,472 · Other $14,699

BRYCE BURKLOWINTERIM COO · 40 hrs/week $183,068Base $168,637 · Other $14,431

RYAN EICHLERDIRECTOR OF MARKETING & COMMUNICATIONS · 40 hrs/week $150,206Base $137,349 · Other $12,857

CHRIS HUFFMANIT OPERATIONS MANAGER · 40 hrs/week $143,093Base $130,559 · Other $12,534

CHASTITY WILLIS-DAULEYFINANCIAL PLANNING & ANALYSIS MANAGER · 40 hrs/week $128,916Base $117,058 · Other $11,858

ROBERT MAXHIMERDIRECTOR OF CURATORIAL AFFAIRS AND EDUCATION · 40 hrs/week $119,227Base $111,130 · Other $8,097

STEPHEN LOPEACCOUNTING MANAGER · 40 hrs/week $112,852Base $103,144 · Other $9,708

BRIAN HUNLEYDIRECTOR OF FINANCE (PARTIAL YEAR) · 40 hrs/week $105,387Base $97,026 · Other $8,361

WILLIAM MARCUMDIRECTOR OF FINANCE (PARTIAL YEAR) · 40 hrs/week $13,106

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

SHARON BRAWNERCEO/PRESIDENT (PARTIAL YEAR)

AMANDA THOMASDIRECTOR OF HR & BUSINESS

BRYCE BURKLOWINTERIM COO

RYAN EICHLERDIRECTOR OF MARKETING & COMMUNICATIONS

CHRIS HUFFMANIT OPERATIONS MANAGER

CHASTITY WILLIS-DAULEYFINANCIAL PLANNING & ANALYSIS MANAGER

ROBERT MAXHIMERDIRECTOR OF CURATORIAL AFFAIRS AND EDUCATION

STEPHEN LOPEACCOUNTING MANAGER

BRIAN HUNLEYDIRECTOR OF FINANCE (PARTIAL YEAR)

WILLIAM MARCUMDIRECTOR OF FINANCE (PARTIAL YEAR)

GLENN JOHNSONDIRECTOR

CHUCK FASTDIRECTOR

VITO CIMILLUCADIRECTOR

TIM MCMICHAELDIRECTOR

DALE LEDBETTERSECRETARY

DAN COSTELLOWDIRECTOR

SHANNON SKOKOSDIRECTOR

SHANNON LAMARCHEDIRECTOR

DEB MURPHYDIRECTOR

HARLAN CHARLESDIRECTOR

NORM ROSEDIRECTOR

NEIL WATANABETREASURER

MIKE BUCHANONDIRECTOR

MICHAEL LAROCCACHAIR-ELECT

MARK STIELOWDIRECTOR

KAYE WAGNERCHAIR

KAI SPANDEIMMEDIATE PAST CHAIR

About this charity

Recognized since: January 1989
Location: 350 CORVETTE DRIVE, BOWLING GREEN, KY 42101
County: Warren
In care of: BRYCE BURKLOW
Primary officer: BRYCE BURKLOW, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(270) 781-7973

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: DEAN DORTON ALLEN FORD PLLC
NTEE classification: Arts, Culture & Humanities (A500)
IRS tax category: Museums