Speed Museum Hb Speed Music Rm

PITTSBURGH, PA EIN: 61-6023144

Speed Museum Hb Speed Music Rm is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $949K in total assets. In 2024, it awarded 1 grants totaling $29K. Net investment income was $37K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$949K

+0.6% YoY

Annual Giving

$29K

+69.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$29K

+69.3% YoY

Under IRS private-foundation payout rules, Speed Museum Hb Speed Music Rm reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.

About Speed Museum Hb Speed Music Rm

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $129K (100%)

States

Kentucky

Cities

Louisville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$949,082	$943,649	$967,887
Revenue	$48,190	$3,294	$38,277
Expenses	$42,318	$28,739	$31,836
Qualifying Distributions	$31,301	$19,249	$19,707
Net Investment Income	$37,092	$16,377	$27,521
Distributable Amount	$53,918	$48,194	$48,379

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include J B Speed Art Museum ($28,653).

Recipient	Purpose	Amount
J B SPEED ART MUSEUM LOUISVILLE, KY	GENERAL SUPPORT	$28,653

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK N A	TRUSTEE	3	$13,241

Frequently Asked Questions

How large is Speed Museum Hb Speed Music Rm?

As of 2024, Speed Museum Hb Speed Music Rm holds $949K in total assets with $48K in annual revenue. It awarded 1 grants totaling $29K in 2024.

Where does Speed Museum Hb Speed Music Rm operate?

Speed Museum Hb Speed Music Rm has awarded grants in Kentucky.

What size grants does Speed Museum Hb Speed Music Rm award?

In 2024, Speed Museum Hb Speed Music Rm awarded 1 grants totaling $29K — an average of about $29K per grant, based on its IRS Form 990 filings.

How much is Speed Museum Hb Speed Music Rm required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Speed Museum Hb Speed Music Rm reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Speed Museum Hb Speed Music Rm's EIN?

Speed Museum Hb Speed Music Rm's EIN (Employer Identification Number) is 61-6023144. IRS Form 990 filing data is available on this page for 2020–2024.