The organization is organized exclusively for charitable, religious, educational, and scientific purposes under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code. The entity operates a public automobile museum.
Reported officers (all unpaid)
No paid executives reported in 2024. Formula Automotive Museum reported 3 unpaid officers and board members on its 990.
Revenue and expenses over time
Formula Automotive Museum reported revenue and expenses across 2 filing years.
What Arts, Culture & Humanities executives earn in Texas
Formula Automotive Museum reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in Texas earns a median of $50,496.
These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 932 organizations across 932 filings (2020 – 2024).
See full Arts, Culture & Humanities pay data for Texas →Common questions about Formula Automotive Museum
What are Formula Automotive Museum's revenue and expenses?
In 2024, Formula Automotive Museum reported $156k in total revenue and $30k in total expenses on its IRS Form 990.
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