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California · Nonprofit

PETERSEN AUTOMOTIVE MUSEUM FOUNDATION

PETERSEN AUTOMOTIVE MUSEUM FOUNDATION (California) receives grants from 109 organizations whose IRS filings report $92,696,595 to it, the largest being MARGIE AND ROBERT E PETERSEN FOUNDATION CO THEODORE CALLETON ($76,491,600). 64 of them have funded it in more than one year.

Revenue FY2025
$32M
Funders on record
109
Grants received
$93M
Net assets
$186M
64/109 repeat fundersgrants exceed reported revenue in one year
01What it does

What Petersen Automotive Museum Foundation does

Mission

To explore and present the history of the automobile and its impact on global life and culture.

As stated on its FY2025 Form 990.

Programs

  1. Exhibits programs present the museum and its collection to the general public. This includes the development, production, and implementation of permanent and rotating exhibits, as well as the dissemination of museum content through online channels.

    $13,345,027 spent$5,403,258 earned by the program
    53% of program spending
  2. Collections and curatorial programs provide for the acquisition and preservation of collection objects that advance the mission of the museum. These programs include the maintenance and restoration of collection vehicles and other objects. The museum also acquires, preserves, and archives two dimensional objections (printed matter, photographs, diagrams, etc.), books and films related to the automotive world. Curatorial staff conduct research and produce written content that interpret these objects for the public as well as for scholars.

    $8,102,278 spent$5,541,752 earned by the program
    32% of program spending
  3. Educational programs include museum endeavors to expose and teach children and adults about the automobile and its impact on the world and culture. Significant programs include tours for school children in support of their curricula, hands-on training on automotive repair and customization for teens, displaying vehicles in public automotive shows, as well as providing speakers, films, and other experiences for adults and children.

    $3,681,173 spentof which $107,325 as grants$162,786 earned by the program
    15% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $25,128,478.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($20M) Expenses 100 ($20M) Net assets 100 ($163M)2018 Revenue 81 ($16M) Expenses 107 ($22M) Net assets 98 ($159M)2019 Revenue 123 ($25M) Expenses 109 ($22M) Net assets 99 ($162M)2020 Revenue 65 ($13M) Expenses 94 ($19M) Net assets 97 ($158M)2021 Revenue 38 ($7.7M) Expenses 26 ($5.3M) Net assets 102 ($167M)2022 Revenue 135 ($27M) Expenses 117 ($24M) Net assets 99 ($161M)2023 Revenue 125 ($25M) Expenses 125 ($26M) Net assets 102 ($166M)2024 Revenue 139 ($28M) Expenses 137 ($28M) Net assets 107 ($174M)2025 Revenue 158 ($32M) Expenses 146 ($30M) Net assets 114 ($186M)
'17'18'19'20'21'22'23'24'25
Revenue (158)Expenses (146)Net assets (114)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $228M to $239M (+5%).

$226M
$221M
$221M
$216M
$223M
$216M
$221M
$228M
$239M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 17% · 2022 7% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.

47% of PETERSEN AUTOMOTIVE MUSEUM FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (58% for the typical peer).

This organization
Typical peer · 810 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$376k
’17
−$5.6M
’18
$2.5M
’19
−$6.2M
’20
$2.4M
’21
$3.1M
’22
−$591k
’23
−$87k
’24
$1.8M
’25
6.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Terry Karges

Executive director

Board chair

Richard Varner

Chairman/director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed141519202128292727
Joined·+3+4+4+1+9+6+2+1
No longer listed·20302541
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 25 funders to 36 funders, grant income fell $75M → $2.2M.

19 of 109 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PETERSEN AUTOMOTIVE MUSEUM FOUNDATION’s funders (the co-funder graph). Top 30 of 109 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PETERSEN AUTOMOTIVE MUSEUM FOUNDATION leans on a few funders — its largest provides 83% of grant income and the top three 89%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

83%
largest funder
89%
top three
~1
effective funders

Largest funder’s share by year: 2017 99% · 2018 36% · 2019 69% · 2020 66% · 2021 39% · 2022 25% · 2023 29% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of PETERSEN AUTOMOTIVE MUSEUM FOUNDATION's funders are still giving 3 years after their first grant; 59% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of PETERSEN AUTOMOTIVE MUSEUM FOUNDATION's grant income comes from California funders.

WA
ID
MN
IL
NY
NV
IA
PA
NJ
CA
UT
MO
VA
MD
DE
AZ
KS
TN
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $3.6M arriving through sponsors registered in 15 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PETERSEN AUTOMOTIVE MUSEUM FOUNDATION holds deeper cash reserves than three-quarters of the 570 arts & culture nonprofits its size.

Operating margin6% · below the median
Months of reserve6.9mo · top quartile
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025

Organizations like PETERSEN AUTOMOTIVE MUSEUM FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 11%Fundraising 5%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

58%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 1 related entity

  • Petersen Drive LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for PETERSEN AUTOMOTIVE MUSEUM FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PETERSEN AUTOMOTIVE MUSEUM FOUNDATION?
PETERSEN AUTOMOTIVE MUSEUM FOUNDATION (California) receives grants from 109 organizations whose IRS filings report $92,696,595 to it, the largest being MARGIE AND ROBERT E PETERSEN FOUNDATION CO THEODORE CALLETON ($76,491,600). 64 of them have funded it in more than one year.
How many funders does PETERSEN AUTOMOTIVE MUSEUM FOUNDATION have?
IRS filings report 109 organizations giving $92,696,595 in grants to PETERSEN AUTOMOTIVE MUSEUM FOUNDATION, 64 of which have funded it in more than one year.
Who is the largest funder of PETERSEN AUTOMOTIVE MUSEUM FOUNDATION?
MARGIE AND ROBERT E PETERSEN FOUNDATION CO THEODORE CALLETON is the largest funder on record, with $76,491,600 in grants. The full list of funders is on this page.
How can an organization like PETERSEN AUTOMOTIVE MUSEUM FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 109 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing