Pikes Peak Auto Hill Climb Educational Museum Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The PPIHC Education Museum provides public education through its museum about the history of auto racing on Pikes Peak, conducts the annual PPIHC race and reports on technology development in racing.
- Income
- $2.7 million
- Spending
- $2.3 million
- Spent on programs
- 97%
- Reserves
- 12 months of spending
- Largest source of income
- fees for its services, 95%
- Employees
- 5
- Volunteers
- 300
- Highest pay
- $143,230, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 89% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 12.0 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
15 of 15Income exceeded spending by 13% of income.
Income trend
15 of 15Income rose 25% on the year before.
Spending floor
15 of 1597% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 77 out of 100. Higher than 28% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $1.4 million spent. The Museum Race Division conducts the annual Pikes Peak International Hill Climb automobile race which supports the Museum along with the Museum education programs and community outreach.
- $779,070 spent. The PPIHC Administration provides support for the permanent museum, the traveling museum, the operational administration of the PPIHC Organization, the annual PPIHC race, as well as the promotion of all public education and community outreach. The Museum provides financial and operational support to the City of Colorado Springs through the Pikes Peak Highway Authority along with the operational support to the City of Colorado Springs for the conduct of the annual PPIHC Fan Fest Community event.
- $68,600 spent. The PPIHC Museum in concert with the City of Colorado Springs conducts the annual Fan Fest event. Open to the Community and all visitors, the Fan Fest event highlights the history of racing on Pikes Peak displaying significant historical race cars & memorabilia. Fan Fest promotes the City of Colorado Springs, its agencies and organizations supporting the City, as well as the annual PPIHC Race. This annual event provides a public forum showcasing the Hill Climb Race; provides tours through the museum with access to drivers, race officials and to the agencies of the City of Colorado Springs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1989.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
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