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Nonprofit · EIN 47-0761420

MUSEUM OF AMERICAN SPEED

Tax-exempt · LINCOLN, NE 68501

Financials

$3.3M$1.9M2023$9.6M$2.5M2024$13.4M$2.5M2025
Revenue Expenses · by fiscal year end
Financials of MUSEUM OF AMERICAN SPEED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$13,385,314$2,540,160$10,845,154$72,273,944$7,862,567$64,411,377
December 31, 2024990-PF$9,559,517$2,478,838$7,080,679$63,801,105$10,234,882$53,566,223
December 31, 2023990-PF$3,335,125$1,873,639$1,461,486$54,879,374$8,393,830$46,485,544
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$12,984,645
Dividends
$15,552
Net rental income
$201,849
Net gain from sales of assets
$179,122
Other income
$7,259

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$714,603
Disbursements for charitable purposes
$2,093,989
Excise tax on investment income
$52,549

Balance sheet and other

Total assets, start of year
$63,801,105
Total assets, end of year
$72,273,944
Total liabilities, end of year
$7,862,567
Net assets, end of year
$64,411,377
Fair market value of assets
$73,105,182
Qualifying distributions
$3,130,918
Net investment income
$3,793,517

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Carson W Smith
340 Victory Lane, Lincoln, NE 68528
Vice President0$0
Craig A Smith
340 Victory Lane, Lincoln, NE 68528
Vice President0$0
Clay F Smith
340 Victory Lane, Lincoln, NE 68528
President / Treasurer0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Carson W Smith
340 Victory Lane, Lincoln, NE 68528
Vice President0$0
Craig A Smith
340 Victory Lane, Lincoln, NE 68528
Vice President0$0
Clay F Smith
340 Victory Lane, Lincoln, NE 68528
President / Treasurer0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Carson W Smith
340 Victory Lane, Lincoln, NE 68528
Vice President0$0
Craig A Smith
340 Victory Lane, Lincoln, NE 68528
Vice President0$0
Clay F Smith
340 Victory Lane, Lincoln, NE 68528
President / Treasurer0$0

Address and contacts

Address (IRS master file)
PO BOX 81906, LINCOLN, NE 68501-1906
In care of
% CLAY SMITH
Signed the 990-PF
CLAY SMITH, President
Phone
(402) 323-3110
Return prepared by
Labenz & Associates LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-0761420
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1994
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$72,273,944
Income (IRS master file)
$17,689,620

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$13,385,314$2,540,160$72,273,944XML
990-PFDecember 2024$9,559,517$2,478,838$63,801,105IRS
990-PFDecember 2023$3,335,125$1,873,639$54,879,374XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-0761420).

Questions about MUSEUM OF AMERICAN SPEED

What is the EIN of MUSEUM OF AMERICAN SPEED?
The employer identification number (EIN) of MUSEUM OF AMERICAN SPEED is 47-0761420.
Is MUSEUM OF AMERICAN SPEED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to MUSEUM OF AMERICAN SPEED tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does MUSEUM OF AMERICAN SPEED file?
Form 990-PF. Private foundations file every year.
When is the next return of MUSEUM OF AMERICAN SPEED due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MUSEUM OF AMERICAN SPEED last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of MUSEUM OF AMERICAN SPEED?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does MUSEUM OF AMERICAN SPEED have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $13,385,314, expenses of $2,540,160 and total assets of $72,273,944 at year end.

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