Wheels O Time Museum is a 501(c)(3) organization based in Dunlap, Illinois, registered in 2017, with $400,880 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$401K
▼ 22.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$289K
Net assets
$1.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Wheels O Time Museum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wheels O Time Museum: 77 mo reserves · +28% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Wheels O Time Museum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wheels O Time Museum: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $921K (FY2017) to $401K (FY2023) across 7 reported years.
Financial snapshot
Operating margin
28.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$1,984
Net assets
$1.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $400,880▼22.9% | $288,645▲21.3% | $1,843,471▲7.0% | $1,845,455▲7.1% | 990 |
| 2022 | $520,118▲20.2% | $237,956▲29.0% | $1,723,158▲18.7% | $1,723,888▲18.7% | 990 |
| 2021 | $432,662▼48.2% | $184,418▲31.3% | $1,451,352▲20.9% | $1,452,001▲20.2% | 990 |
| 2020 | $834,966▲204% | $140,500▼32.4% | $1,200,076▲14.8% | $1,207,676▲15.5% | 990 |
| 2019 | $274,400▲53.4% | $207,800▲186% | $1,045,655▲6.8% | $1,045,655▲6.8% | 990 |
| 2018 | $178,916▼80.6% | $72,652▲290508% | $979,055▲6.3% | $979,055▲6.3% | 990 |
| 2017 | $921,181 | $25 | $921,156 | $921,156 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Wheels O Time Museum totaling $75K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $5,050 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2019 | $70,000 |
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Data for Wheels O Time Museum (EIN 81-5145833) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.