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The Packard Motorcar Foundation

Ask the man who test drives one.

aka Packard Proving Grounds and Arsenal of Democracy   |   Shelby Township, MI   |  www.packardprovinggrounds.org
GuideStar Charity Check

The Packard Motorcar Foundation

EIN: 31-1502101


Mission

Mission: Preserve the legacy of the Packard Motor Car Company through the restoration and preservation of the Packard Proving Grounds and use this historic site educating future generations about Packard’s legendary achievements in automotive, aeronautical, and marine history. Vision: The PMCF tells the story of the Packard Motor Car Company through its people, its products and its contributions to the significant events of the 20th century. We do this by preserving and restoring the Packard Proving Grounds, by curating a collection of its products, and by maintaining the historical archives of this American automotive icon.

Notes from the nonprofit

The Packard Proving Grounds is a work-in-progress. The foundation is attempting to do two things at once. That is, restore a 17-acre campus of architectually significant buildings and simultaneously creating interpretive exhibits to educate the public on the products, people and property of the Packard Motor Car Company.

Ruling year info

1997

President - Trustee

Dr. Mark Smucker

Main address

49965 Van Dyke Avenue

Shelby Township, MI 48317 USA

Show more contact info

EIN

31-1502101

Subject area info

Museums

Science museums

Population served info

Adults

NTEE code info

Museum & Museum Activities (A50)

Science & Technology Museum (A57)

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Photo Digitization Program

Scan, at museum-quality standards, 40,000 images produced by the Packard Motor Car Company. These images are a combination of positives, negatives and transparencies of a sizes ranging from 3.5"X5" to 8"X 10" and larger.

Population(s) Served
Adults

Where we work

Awards

State Historic Site 2005

State of Michigan

National Register of Historic Places 2007

National Park Service

MotorCities National Heritage Area: Award of Excellence in Preservation 2016

National Park Service

Best Corporate Citizen for Tourism 2017

Shelby Township

Governor's Award for Preservation 2003

State Historic Preservation Office

Affiliations & memberships

American Aliance of Museums 2021

American Association of State and Local Histories 2018

Historical Society of Michigan 2021

Macomb County Heritage Alliance 2014

Michigan Nonprofit Association 2019

Michigan State Historic Preservation Office 2005

MotorCities National Heritage Area 2016

National Association of Automobile Museums 2006

Macomb County Heritage Alliance 2014

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

44.21

Average of 5.85 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

15

Average of 9.5 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

9%

Average of 4% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

The Packard Motorcar Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

The Packard Motorcar Foundation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

The Packard Motorcar Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of The Packard Motorcar Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $194,786 $309,859 $835,300 $462,103 $281,828
As % of expenses 66.7% 94.8% 251.9% 130.7% 59.4%
Unrestricted surplus (deficit) after depreciation $114,781 $224,008 $746,847 $372,096 $191,821
As % of expenses 30.9% 54.3% 177.8% 83.9% 34.0%
Revenue composition info
Total revenue (unrestricted & restricted) $489,809 $826,292 $699,319 $821,705 $806,422
Total revenue, % change over prior year -36.4% 68.7% -15.4% 17.5% -1.9%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 1.0% 0.1% 0.0%
Investment income 0.0% 0.0% 0.2% 0.1% 0.1%
Government grants 0.0% 0.0% 0.0% 5.9% 0.1%
All other grants and contributions 21.9% 52.4% 72.0% 34.4% 28.6%
Other revenue 78.0% 47.6% 26.8% 59.6% 71.2%
Expense composition info
Total expenses before depreciation $291,940 $326,779 $331,619 $353,572 $474,219
Total expenses, % change over prior year 19.8% 11.9% 1.5% 6.6% 34.1%
Personnel 0.0% 0.0% 34.0% 35.2% 27.9%
Professional fees 4.1% 6.1% 10.0% 8.0% 2.8%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 4.4% 3.1% 1.9% 0.5% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 91.4% 90.8% 54.0% 56.2% 69.2%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $371,945 $412,630 $420,072 $443,579 $564,226
One month of savings $24,328 $27,232 $27,635 $29,464 $39,518
Debt principal payment $0 $82,832 $0 $58,603 $168,715
Fixed asset additions $226,094 $178,664 $0 $0 $0
Total full costs (estimated) $622,367 $701,358 $447,707 $531,646 $772,459

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 0.4 5.3 16.7 16.4 15.0
Months of cash and investments 0.6 5.7 17.4 22.5 18.9
Months of estimated liquid unrestricted net assets -56.9 -38.6 -6.2 7.5 7.8
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $10,589 $143,800 $462,445 $482,261 $593,193
Investments $4,714 $11,070 $17,799 $180,092 $155,020
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $4,535,301 $4,713,965 $4,741,948 $4,751,661 $4,779,062
Accumulated depreciation (as a % of LBE) 9.8% 11.3% 13.1% 15.0% 16.8%
Liabilities (as a % of assets) 7.6% 6.3% 6.8% 3.3% 0.3%
Unrestricted net assets $2,704,088 $2,974,149 $3,720,996 $4,093,092 $4,284,913
Temporarily restricted net assets $46,053 N/A N/A N/A N/A
Permanently restricted net assets $1,067,000 N/A N/A N/A N/A
Total restricted net assets $1,113,053 $1,113,054 $1,240,681 $1,267,367 $1,285,575
Total net assets $3,817,141 $4,087,203 $4,961,677 $5,360,459 $5,570,488

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President - Trustee

Dr. Mark Smucker

Number of employees

Source: IRS Form 990

The Packard Motorcar Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

The Packard Motorcar Foundation

Board of directors
as of 01/23/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Dr. Mark Smucker

Packard Motor Car Foundation

Term: 2019 - 2021

Brian Burke

Treasurer

Kelley Kuhn

Vice President

David Dolby

Secretary

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes

Organizational demographics

SOURCE: Self-reported; last updated 4/3/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.