WEST COAST STOCK CAR HALL OF FAME
Mission Statement
The West Coast Stock Car/Motorsports Hall of Fame was conceived in 2001 as a means of recognizing significant contributors and contributions to the sport of Stock Car Auto Racing. The mission of the West Coast Stock Car/Motorsports Hall of Fame was founded to preserve the history and heritage of the important role west coast stock car competitors have played in the sport’s development and continuation and to recognize, through annual enshrinement of outstanding individuals and groups within the sport. These recognitions include but are not limited to designers, engineers, mechanics, drivers, track owners, promoters, publicists, sponsors, car owners and members of the motorsports media.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.4% | 81.8% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
22.0 mo | 10.4 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.4% | 1.9% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.7% | 79.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-20.5% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
0.8% | 13.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
10.1% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $489K | $440K | $806K | 82.4% | — |
| 2022 | $616K | $436K | $756K | 87.2% | — |
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