Overview

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Est.

1999

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Watkins Glen Motor Racing Research Council Inc, operating with an operating budget of $959.9K and total revenue of $1.2M, is dedicated to collecting, sharing, and preserving the history of motorsports through its International Motor Racing Research Center. The center welcomes both serious researchers and casual fans to explore its extensive collection, which includes over 4,000 books, 250 different motorsports magazines, and various archival materials, while hosting public lectures and special events. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.

Mission Statement

THE INTERNATIONAL MOTOR RACING RESEARCH CENTER COLLECTS, SHARES AND PRESERVES THE HISTORY OF MOTORSPORTS. SPANNING CONTINENTS, ERAS AND RACE SERIES, THE CENTER'S COLLECTION EMBODIES THE SPEED, DRAMA AND CAMARADERIE OF AMATEUR AND PROFESSIONAL MOTOR RACING THROUGHOUT THE WORLD. THE CENTER WELCOMES SERIOUS RESEARCHERS AND THE CASUAL FANS ALIKE TO SHARE STORIES OF RACE DRIVERS, RACE SERIES, AND RACE CARS CAPTURED ON OUR SHELVES AND WALLS, AND BROUGHT TO LIFE THROUGH A REGULAR CALENDAR OF PUBLIC LECTURES AND SPECIAL EVENTS. THE CENTER'S COLLECTION DOCUMENTS THE HISTORY OF RACING IN THE MORE THAN 4000 BOOKS OR 250 DIFFERENT MOTORSPORTS MAGAZINES AND NEWSPAPERS TITLES; CLUB AND SANCTIONING BODY RECORDS; RACE RESULTS, PROGRAMS AND POSTERS; PAPERS OF MOTORSPORTS JOURNALISTS AND SCHOLARS; CORRESPONDENCE OF RACE ORGANIZERS; AND STILL AND MOVING IMAGES HOUSED ONSITE AND IN OUR EXPANDING OFFSITE COLLECTIONS STORAGE FACILITIES. ITS KNOWLEDGEABLE RESEARCH AND ARCHIVES STAFF ASSISTS HUNDRE
Revenues
$1.2M
Expenses
$959.9K
Net Income:
+$209.5K
Assets
$5.4M
Liabilities
$147.1K
Net Assets:
+$5.2M
Operating Budget
$959.9K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$15.8K
Largest grant received
$33.1K
M
Mark Steigerwald
Board Member
J
John Cgorsline
Board Member
D
Dinah Gueldenpfennig Weisberg
Board Member

Frequently Asked Questions

What is WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC’s budget?
In 2024, WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC reported an annual operating budget of around $960 thousand. More detailed financial information is available to registered users.
What causes does WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC support?
WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC supports work in History museums.
Where does WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC operate?
WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC is headquartered in Watkins Glen, NY.
Who funded WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC recently?
In 2024, WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC received grants from SPORTS CAR CLUB OF AMERICA FOUNDATION INC, MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC, and RAYMOND JAMES CHARITABLE ENDOWMENT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC received in 2024?
The largest grant to WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC in 2024 exceeds $33 thousand.