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Arts, Culture, Humanities : Museums
Board Leadership
John Hendrickson
President
CEO
Cate Masterson
Director
|
The mission of the National Museum of Racing and Hall of Fame is to interpret the history and convey the excitement of Thoroughbred racing in America to the broadest possible audience. The National Museum of Racing was incorporated in historic Saratoga Springs, New York, in 1950. In 1955 the Museum moved to its present site on Union Avenue, and the Hall of Fame was created to recognize and honor deserving horses, jockeys, and trainers. Over the years the selection process and criteria have been fine-tuned, but the Hall of Fame remains devoted to the original three categories. As of Hall of Fame Day 2007, members include 176 Thoroughbreds, 88 jockeys, and 84 trainers. All are racing heroes.
The mission of the National Museum of Racing and Hall of Fame is to interpret the history and convey the excitement of Thoroughbred racing in America to the broadest possible audience. The National Museum of Racing was incorporated in historic Saratoga Springs, New York, in 1950. In 1955 the Museum moved to its present site on Union Avenue, and the Hall of Fame was created to recognize and honor deserving horses, jockeys, and trainers. Over the years the selection process and criteria have been fine-tuned, but the Hall of Fame remains devoted to the original three categories. As of Hall of Fame Day 2007, members include 176 Thoroughbreds, 88 jockeys, and 84 trainers. All are racing heroes.
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81.57
89.00
Program Expenses (Percent of the charity's total expenses spent on the programs and services it delivers) |
55.2% | |
Administrative Expenses | 26.1% | |
Fundraising Expenses | 18.5% | |
Fundraising Efficiency | $0.09 | |
Working Capital Ratio (years) | 11.47 | |
Program Expenses Growth | 11.1% | |
Liabilities to Assets | 4.4% |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
National Museum of Racing and Hall of Fame (NY) | 84.82 | |
Muhammad Ali Center (KY) | 88.05 | |
Independence Seaport Museum (PA) | 87.27 | |
Women In Military Service For America Memorial Foundation (VA) | 90.48 | |
The Morgan Library & Museum (NY) | 89.12 |
REVENUE | |
Contributions | |
Contributions, Gifts & Grants | $3,885,408 |
Federated Campaigns | $0 |
Membership Dues | $96,000 |
Fundraising Events | $0 |
Related Organizations | $0 |
Government Grants | $0 |
Total Contributions | $3,981,408 |
Program Service Revenue | $63,866 |
Total Primary Revenue | $4,045,274 |
Other Revenue | $902,490 |
TOTAL REVENUE | $4,947,764 |
EXPENSES | |
Program Expenses | $1,377,759 |
Administrative Expenses | $539,176 |
Fundraising Expenses | $419,330 |
TOTAL FUNCTIONAL EXPENSES | $2,336,265 |
Payments to Affiliates | $0 |
Excess (or Deficit) for the year | $2,611,499 |
Net Assets | $25,861,735 |
Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.
Program Name | Amount Spent | % of Program Expenses |
---|---|---|
Conservation of Horse Racing Objects | $1,377,759 | 100.0% |
Form 990 FYE | Date Published | Overall Score | Overall Rating | ||||||
---|---|---|---|---|---|---|---|---|---|
CN 2.1 | |||||||||
2019-12 | 02/01/2021 | 84.82 | |||||||
2018-12 | 04/01/2020 | 78.32 | |||||||
2017-12 | 02/01/2019 | 73.89 | |||||||
2016-12 | 04/01/2018 | 74.54 | |||||||
2015-12 | 08/01/2017 | 75.58 |
The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).
EIN | 14-1421321 |
Name in IRS Master File | NATIONAL MUSEUM OF RACING INC |
NTEE Code | A50 |
NTEE Classification | Museum, Museum Activities |
NTEE Type | Arts, Culture and Humanities |
Classification | Educational Organization |
Subsection | 501(c)(3) (View the list of codes) |
Activities | (60) Museum, zoo, planetarium, etc. |
Foundation Status | Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2) |
Deductibility | Contributions are deductible |
Affiliation | Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
Group Name | [Not Applicable] |
Ruling Date | April, 1952 |
Filing Requirement | 990 (all other) or 990EZ return |
Fiscal Year End | December |
IRS Forms 990 (provided courtesy of Foundation Center) |
(Log In or Register Now to View Forms 990!)
|
Compensation | % of Expenses | Paid to | Title | |
---|---|---|---|---|
$103,440 | 4.42% | Catherine M. Johnson | Director |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
National Museum of Racing and Hall of Fame (NY) | 84.82 | |
The Mariners' Museum (VA) | 89.76 | |
National Civil Rights Museum (TN) | 90.49 | |
Lone Star Flight Museum (TX) | 87.44 | |
America's Car Museum (WA) | 88.19 |
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National Museum of Racing and Hall of Fame
191 Union Avenue
Saratoga Springs,
NY 12866
tel: (800) 562-5394
fax: (518) 584-4574
EIN: 14-1421321
John Hendrickson
President
Cate Masterson
Director
Charity Navigator
299 Market Street Suite 250
Saddle Brook, NJ 07663
EIN: 13-4148824
BRIDGE ID: 3108588923