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Austin Rock And Roll Car Museum Inc. is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 2008. The principal officer is Colt Verret. It holds total assets of $26.3M. Annual income is reported at $175K. Total assets have grown from $21.5M in 2011 to $26.3M in 2024. The foundation is governed by 3 officers and trustees. Tax records are available from 2015 to 2024. Contributions to this foundation are tax-deductible.
The Austin Rock and Roll Car Museum (EIN 26-1630239) is a Texas-based 501(c)(3) operating public charity rather than a grantmaking private foundation. Despite holding $26.3M in assets, the organization IRS filings and public-facing materials describe operating a museum, not distributing grants. Its program expenses (~$132K) cover exhibit curation, artifact preservation, and public access to classic cars, racing memorabilia, music memorabilia, and film props. Grantseekers should treat this EIN as a peer nonprofit (museum operator) rather than a funding source; any grant relationship would be inbound (seeking sponsorships or donations FROM the museum audience) not outbound funding to third parties.
Form 990 data indicates the organization reports expenses primarily for museum operations, not grants to others. The single program description OPERATING A MUSEUM with $131,796 in expenses confirms this. No grants-paid line item appears in public filings, and the assets likely represent the collection of vehicles, memorabilia, and artifacts held for exhibition rather than an endowment being distributed. Funding pattern: zero outbound grantmaking; inbound model relies on admissions (open 1st and 3rd Fridays/Saturdays), memberships, donations, and potentially private collector contributions.
The Austin Rock and Roll Car Museum belongs to a small niche of operating charity museums with large non-cash asset bases (vehicle collections) but modest operating budgets.
| Organization | Type | Assets | Annual Program Expenses | Grants Made |
|---|---|---|---|---|
| Austin Rock and Roll Car Museum | Operating Museum | $26.3M | $132K | $0 |
| Typical private foundation (same assets) | Grantmaker | $25-30M | $1.2-1.5M | $1M+ |
| Petersen Automotive Museum (peer operator) | Operating Museum | $100M+ | Several million | $0 |
| Small history museum (peer size) | Operating Museum | $5-30M | $200K-$1M | $0 |
The gap between asset size and operating expense is typical of collection-holding museums where assets are tangible artifacts, not liquid endowment capital.
The museum reopened at a new location (8408 Annalise Dr #115, Austin, TX 78744) and operates on a limited schedule: 1st and 3rd Friday and Saturday each month. Public web presence is a Squarespace site highlighting classic cars tied to music/entertainment, racing memorabilia, music artifacts, and film props. No recent news indicates a shift toward grantmaking activity; the organization remains a public-facing museum.
Do not submit grant applications to this organization: it does not make grants. If you are a cultural heritage or automotive history nonprofit, you may approach the museum for collaborative exhibits, artifact loans, or joint programming, but not for cash grants. If you are a private collector, you may consider donating vehicles or memorabilia (in-kind contributions). If you arrived here via a grant-discovery tool, verify the foundation 990 for a Grants and similar amounts paid line before investing application effort; in this case that line is zero.
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Operating a museum
Expenses: $132K
Form 990 data indicates the organization reports expenses primarily for museum operations, not grants to others. The single program description OPERATING A MUSEUM with $131,796 in expenses confirms this. No grants-paid line item appears in public filings, and the assets likely represent the collection of vehicles, memorabilia, and artifacts held for exhibition rather than an endowment being distributed. Funding pattern: zero outbound grantmaking; inbound model relies on admissions (open 1st and .
The Austin Rock and Roll Car Museum (EIN 26-1630239) is a Texas-based 501(c)(3) operating public charity rather than a grantmaking private foundation. Despite holding $26.3M in assets, the organization IRS filings and public-facing materials describe operating a museum, not distributing grants. Its program expenses (~$132K) cover exhibit curation, artifact preservation, and public access to classic cars, racing memorabilia, music memorabilia, and film props. Grantseekers should treat this EIN as.
Austin Rock And Roll Car Museum Inc. is headquartered in AUSTIN, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| COLT VERRET | DIRECTOR & PRESIDENT | $19K | $0 | $19K |
| ANGELA ROBERTS | DIRECTOR & SECRETARY | $0 | $0 | N/A |
| MARK FERTITTA | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$26.3M
Fair Market Value
$26.3M
Net Worth
$25.8M
Grants Paid
N/A
Contributions
$175K
Net Investment Income
N/A
Distribution Amount
N/A
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.