Nonprofit · EIN 45-2560489
CLASSIC CAR COLLECTION
Tax-exempt · KEARNEY, NE 68847
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $239,714 | $131,042 | $108,672 | $442,994 | $932 | $442,062 |
| June 30, 2024 | 990 | $109,760 | $112,598 | -$2,838 | $243,315 | $18,925 | $224,390 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $189,548
- of which government grants
- $7,000
- Program service revenue
- $53,125
- Investment income
- $1,514
- Net rental income
- -$3,950
- Net income from sales of inventory
- -$841
- Other revenue
- -$4,473
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $13,304
- Salaries, compensation and benefits (total)
- $15,747
- Professional fundraising fees
- $250
- Accounting fees
- $5,420
- Occupancy
- $108,272
- Depreciation
- $2,055
- Program services (functional)
- $124,421
- Management and general (functional)
- $5,420
- Fundraising (functional)
- $1,201
Balance sheet and other
- Total assets, start of year
- $243,315
- Total assets, end of year
- $442,994
- Total liabilities, end of year
- $932
- Net assets, end of year
- $442,062
- Land, buildings and equipment
- $8,946
- Net assets without donor restrictions
- $333,062
- Net assets with donor restrictions
- $109,000
- Gross receipts
- $292,286
- Employees
- 3
- Volunteers
- 50
- Year formed
- 2011
- State of legal domicile
- NE
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brad Kernick | Chairman Trustee or director, Officer | 20 | $0 |
| Jeffrey Knapp | Vice Chairman Trustee or director, Officer | 20 | $0 |
| Jackie Purdy | SecretaryTreasurer Trustee or director, Officer | 5 | $0 |
| Gene Beerbohm | Director Trustee or director | 5 | $0 |
| John Sahling | Director Trustee or director | 5 | $0 |
| Danny Oberg | Director Trustee or director | 5 | $0 |
| Bruce Schanbacher | Director Trustee or director | 5 | $0 |
| Earl Joy | Director Trustee or director | 5 | $0 |
| Norris Marshall | Director Trustee or director | 5 | $0 |
| Steve Mercer | Director Trustee or director | 5 | $0 |
| Reed Miller | Director Trustee or director | 5 | $0 |
| Tom Henning | Director Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bruce Schanbacher | Director Trustee or director | 5 | $0 |
| Danny Oberg | Director Trustee or director | 5 | $0 |
| Earl Joy | Director Trustee or director | 5 | $0 |
| Steve Mercer | Director Trustee or director | 5 | $0 |
| Norris Marshall | Director Trustee or director | 5 | $0 |
| Gene Beerbohm | Director Trustee or director | 5 | $0 |
| John Sahling | Director Trustee or director | 5 | $0 |
| Brad Kernick | Chairman Trustee or director, Officer | 20 | $0 |
| Jeffrey Knapp | Vice Chairman Trustee or director, Officer | 20 | $0 |
| Jackie Purdy | SecretaryTreasurer Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 3600 E HWY 30 SUITE B, KEARNEY, NE 68847-9790
- In care of
- % BRAD KERNICK
- Principal officer (990 for 2024)
- Brad Kernick, 4308 Country Club Lane, Kearney, NE 68845
- Signed the 990
- BRAD KERNICK, Chairman
- Phone
- (308) 234-1964
- Return prepared by
- R Andrew Hanson CPA LLC
Mission
Classic Car Collection is dedicated to presenting an entertaining yet artful perspective tracing the major role that the automobile has played relative to history, culture, industry, and innovation.
Program accomplishments
- Maintaining the museum featuring over 120 cars currently in the collection. The majority of which are on loan to the musuem. Other exhibits include authentic vignettes, artwork, mannequins, and other items. We embrace and use technology via interactive displays to help illustrate the wide-ranging effects that automobiles have and continue to have on our lives. The museum has recreated a 1950s gas station, with both vintage tools and modern devices, which shows the progression of technical sophistication and advancement. There is also a drive-in theater screen and display that incorporates the original ticket booth from the local Kearney Drive-In. Other displays include various video screens showing historical footage and events. The Car Hoods Project is the crowning bit of technology. Using recreated car hoods as projector screens, they provide historical yet entertaining footage.Expenses $124,421 · revenue $50,166
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-2560489
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A51)
- Assets (IRS master file)
- $442,994
- Income (IRS master file)
- $292,286
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $239,714 | $131,042 | $442,994 | XML |
| 990 | June 2024 | $109,760 | $112,598 | $243,315 | XML |
| 990 | June 2023 | $254,987 | $138,918 | $231,078 | IRS |
| 990 | June 2022 | $164,095 | $59,852 | $113,365 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 45-2560489).
Questions about CLASSIC CAR COLLECTION
- What is the EIN of CLASSIC CAR COLLECTION?
- The employer identification number (EIN) of CLASSIC CAR COLLECTION is 45-2560489.
- Is CLASSIC CAR COLLECTION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to CLASSIC CAR COLLECTION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLASSIC CAR COLLECTION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CLASSIC CAR COLLECTION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLASSIC CAR COLLECTION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CLASSIC CAR COLLECTION?
- The 990 for the year ended June 30, 2025 names Brad Kernick.
- Who are the officers and directors of CLASSIC CAR COLLECTION?
- The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does CLASSIC CAR COLLECTION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $239,714, expenses of $131,042 and total assets of $442,994 at year end.
Other nonprofits in KEARNEY
- GROW NEBRASKA INC EIN 47-0764457 · last filed 990 for 2024
- MUSEUM OF NEBRASKA ART EIN 47-0608588 · last filed 990 for 2025
- GREAT PLATTE RIVER ROAD MEMORIAL FOUNDATION EIN 47-0800660 · last filed 990 for 2025
- BUFFALO COUNTY HISTORICAL SOCIETY EIN 51-0168183 · last filed 990 for 2025
- ROBERT M MERRYMAN PERFORMING ARTS CENTER EIN 27-3418855 · last filed 990 for 2025
- WORLD THEATRE FOUNDATION EIN 45-4693960 · last filed 990 for 2025
- KEARNEY AREA CHILDRENS MUSEUM EIN 47-0727929 · last filed 990 for 2025
- KEARNEY COMMUNITY THEATRE EIN 47-0604962 · last filed 990 for 2025
All nonprofits in KEARNEY · Nebraska · Arts, culture and humanities