The Vintage Motor Car Club of America

Treasurer's Report

- posted January 7, 2026

Happy New Year to you! I hope this finds you happy and fulfilled by the recent holidays. Now we can begin to plan earnestly for the touring season ahead of us for 2026. There are plenty of tours to choose from and all of them sound like great fun! Please plan to attend and enjoy the friendships you will make on the journey.

The Board of Governors will hold the Annual Membership Meeting and first quarter board meeting this year, March 16–20, in Lincoln, Nebraska, hosted by Myron and Barb Smith. Look for the flyer and registration in this issue and quickly get registered. We want to see you there.

At the 4th quarter meeting, held in November, the financial reports for the end of September were presented and the summaries are as follows:

Actual to Budget Revenue and Expense as of September 30, 2025
Total Net Revenue at the end of the third quarter 2025 is $63,293, which is $(10,375), or 16.4% less than anticipated by the budget. Total Expense at the end of the first nine months is $94,325, which is less than expected by the budget in the amount of $(6,034), or -6.4%. Revenue less Expense at 9-30-2025 is $(31,032) and is $(4,341), or 14.0%, greater than expected by the budget. Timing of expenses and revenue shortfalls attribute to the variance.

Statement of Revenue and Expense as of 9-30-2025 and 9-30-2024
Total Net Revenue as of 9-30-2025 is $63,293, less in the amount of $(29,813), or 32%, as compared to 9-30-2024. Of note is the expectation of fourth quarter income from the sale of the Helck painting and the Revival AAA Glidden® tour. Total Expense as of 9-30-2025 is $94,325, which is $(13,007), or 12.1%, less than total expense as of 9-30-2024. Revenue less Expense as of 9-30-2025 is $(31,032), with expenses greater than revenue. When compared to 9-30-2024, the variance is greater by $(16,806). There is less revenue at 9-30-25 to fund expenses compared to 9-30-2024.

Statement of Financial Position
This report is the organization’s balance sheet. The changes in our cash position reflect the expenses in excess of revenue. Several recommendations for improving the revenue streams have been approved by the Board of Governors. More recommendations are forthcoming to address sustainability of the VMCCA into the future as a reflection of the board acknowledging their fiscal responsibilities.

I appreciate your attention to the financials and am always happy to answer any questions you may have. See you soon in Lincoln!

Elaine Johnsen
VMCCA Treasurer