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Nonprofit · EIN 14-1368198

HARNESS RACING MUSEUM AND HALL OF FAME

Tax-exempt · GOSHEN, NY 10924

Financials

$1.4M$1.2M2023$1.7M$1.3M2024$1.8M$1.2M2025
Revenue Expenses · by fiscal year end
Financials of HARNESS RACING MUSEUM AND HALL OF FAME by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2026990$1,836,609$1,240,417$596,192$9,893,565$369,840$9,523,725
April 30, 2025990$1,685,299$1,266,443$418,856$9,491,621$383,104$9,108,517
April 30, 2024990$1,399,590$1,172,288$227,302$9,028,157$391,325$8,636,832
Financial details: 990 for the year ended April 30, 2026

Revenue

Contributions, gifts and grants
$789,866
Membership dues
$69,858
Program service revenue
$144,480
Investment income
$884,450
Net gain from sales of assets
$491,576
Net income from fundraising events
$900
Net income from sales of inventory
$16,913
Other revenue
$17,813

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$162,865
Salaries, compensation and benefits (total)
$803,135
Professional fundraising fees
$0
Accounting fees
$10,343
Travel
$4,188
Depreciation
$28,513
Program services (functional)
$885,366
Management and general (functional)
$281,671
Fundraising (functional)
$73,380

Balance sheet and other

Total assets, start of year
$9,491,621
Total assets, end of year
$9,893,565
Total liabilities, end of year
$369,840
Net assets, end of year
$9,523,725
Land, buildings and equipment
$201,851
Publicly traded securities
$9,189,448
Net assets without donor restrictions
$3,727,747
Net assets with donor restrictions
$5,795,978
Gross receipts
$2,996,464
Employees
20
Volunteers
0
Year formed
1951
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended April 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
JANET T TERHUNEDIRECTOR
Trustee or director, Officer
40$162,865
MAX J HEMPTVICE PRESIDENT
Trustee or director, Officer
5$0
SETH ROSENFELDPRESIDENT
Trustee or director, Officer
5$0
STEPHEN E OLDFORDTREASURER
Trustee or director, Officer
1$0
KATHY PARKERSECRETARY
Trustee or director, Officer
1$0
FRANK ANTONACCITRUSTEE
Trustee or director
1$0
ROBERT M BONITRUSTEE
Trustee or director
1$0
ELIZABETH CALDWELLTRUSTEE
Trustee or director
1$0
JOHN D CAMPBELLTRUSTEE
Trustee or director
1$0
THOMAS A CHARTERSTRUSTEE
Trustee or director
1$0
LAWRENCE S DEVANTRUSTEE
Trustee or director
1$0
JOHN M EGLOFF DVMTRUSTEE
Trustee or director
1$0
JAY E FARRARTRUSTEE
Trustee or director
1$0
ELBRIDGE T GERRY JRTRUSTEE
Trustee or director
1$0
THEODORE GEWERTZTRUSTEE
Trustee or director
1$0
10 more people on this return
NameTitleHours / weekCompensation
ROGER E HUSTONTRUSTEE
Trustee or director
1$0
STEVE JONESTRUSTEE
Trustee or director
1$0
MARVIN KATZTRUSTEE
Trustee or director
1$0
KARYN MALINOWSKITRUSTEE
Trustee or director
1$0
DAVID H MCDUFFEETRUSTEE
Trustee or director
1$0
DAVID P REIDTRUSTEE
Trustee or director
1$0
JAMES W SIMPSONTRUSTEE
Trustee or director
1$0
MITCHEL SKOLNICKTRUSTEE
Trustee or director
1$0
JIMMY W TAKTERTRUSTEE
Trustee or director
1$0
RUSSELL C WILLIAMSTRUSTEE
Trustee or director
1$0
990 for the year ended April 30, 2025: 25 people
NameTitleHours / weekCompensationOther / benefits
JANET T TERHUNEDIRECTOR
Officer
40$126,232$30,500
MAX J HEMPTPRESIDENT
Trustee or director, Officer
5$0$0
SETH ROSENFELDTREASURER
Trustee or director, Officer
5$0$0
STEPHEN E OLDFORDVICE PRESIDENT
Trustee or director, Officer
1$0$0
KATHY PARKERSECRETARY
Trustee or director, Officer
1$0$0
FRANK ANTONACCITRUSTEE
Trustee or director
1$0$0
ROBERT M BONITRUSTEE
Trustee or director
1$0$0
ELIZABETH CALDWELLTRUSTEE
Trustee or director
1$0$0
JOHN D CAMPBELLTRUSTEE
Trustee or director
1$0$0
THOMAS A CHARTERSTRUSTEE
Trustee or director
1$0$0
LAWRENCE S DEVANTRUSTEE
Trustee or director
1$0$0
JOHN M EGLOFF DVMTRUSTEE
Trustee or director
1$0$0
JAY E FARRARTRUSTEE
Trustee or director
1$0$0
ELBRIDGE T GERRY JRTRUSTEE
Trustee or director
1$0$0
THEODORE GEWERTZTRUSTEE
Trustee or director
1$0$0
ROGER E HUSTONTRUSTEE
Trustee or director
1$0$0
STEVE JONESTRUSTEE
Trustee or director
1$0$0
MARVIN KATZTRUSTEE
Trustee or director
1$0$0
KARYN MALINOWSKITRUSTEE
Trustee or director
1$0$0
DAVID H MCDUFFEETRUSTEE
Trustee or director
1$0$0
DAVID P REIDTRUSTEE
Trustee or director
1$0$0
JAMES W SIMPSONTRUSTEE
Trustee or director
1$0$0
MITCHEL SKOLNICKTRUSTEE
Trustee or director
1$0$0
JIMMY W TAKTERTRUSTEE
Trustee or director
1$0$0
RUSSELL C WILLIAMSTRUSTEE
Trustee or director
1$0$0
990 for the year ended April 30, 2024: 25 people
NameTitleHours / weekCompensation
JANET T TERHUNEDIRECTOR
Officer
40$153,510
MAX J HEMPTPRESIDENT
Trustee or director, Officer
5$0
SETH ROSENFELDTREASURER
Trustee or director, Officer
5$0
STEPHEN E OLDFORDVICE PRESIDENT
Trustee or director, Officer
1$0
KATHY PARKERSECRETARY
Trustee or director, Officer
1$0
FRANK ANTONACCITRUSTEE
Trustee or director
1$0
ROBERT M BONITRUSTEE
Trustee or director
1$0
ELIZABETH CALDWELLTRUSTEE
Trustee or director
1$0
JOHN D CAMPBELLTRUSTEE
Trustee or director
1$0
THOMAS A CHARTERSTRUSTEE
Trustee or director
1$0
LAWRENCE S DEVANTRUSTEE
Trustee or director
1$0
JOHN M EGLOFF DVMTRUSTEE
Trustee or director
1$0
JAY E FARRARTRUSTEE
Trustee or director
1$0
ELBRIDGE T GERRY JRTRUSTEE
Trustee or director
1$0
THEODORE GEWERTZTRUSTEE
Trustee or director
1$0
ROGER E HUSTONTRUSTEE
Trustee or director
1$0
STEVE JONESTRUSTEE
Trustee or director
1$0
MARVIN KATZTRUSTEE
Trustee or director
1$0
KARYN MALINOWSKITRUSTEE
Trustee or director
1$0
DAVID H MCDUFFEETRUSTEE
Trustee or director
1$0
DAVID P REIDTRUSTEE
Trustee or director
1$0
JAMES W SIMPSONTRUSTEE
Trustee or director
1$0
MITCHEL SKOLNICKTRUSTEE
Trustee or director
1$0
JIMMY W TAKTERTRUSTEE
Trustee or director
1$0
RUSSELL C WILLIAMSTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
240 MAIN ST, GOSHEN, NY 10924-2157
Principal officer (990 for 2025)
SETH ROSENFELD, 240 MAIN STREET, GOSHEN, NY 10924
Signed the 990
STEPHEN E OLDFORD, TREASURER
Phone
(845) 294-6330
Return prepared by
SAX ADVISORS LLC

Mission

THE HARNESS RACING MUSEUM & HALL OF FAME IS DEDICATED TO COMPREHENSIVE, ACTIVE AND AUTHORITATIVE SUPPORT AND PROMOTION OF THE STANDARDBRED RACING THROUGH DOCUMENTATION AND PRESERVATION OF THE HISTORY AND TRADITIONS OF THIS AMERICAN-BORN SPORT. IT WILL ALSO CONTINUE TO AUGMENT EXISTING COLLECTIONS AND PROVIDE EXTENSIVE RESEARCH, EDUCATIONAL PROGRAMMING AND EXCITING EXHIBITRY TO EXPAND HARNESS RACING'S INTEREST APPEAL, BOTH NATIONALLY AND INTERNATIONALLY, TO ASSURE AN INFORMED AUDIENCE AND A SUCCESSFUL FUTURE.

990 for the year ended April 30, 2026

Program accomplishments

  • EXHIBITS: DISPLAY THE HISTORY AND CULTURE OF THE TROTTING HORSE AND ITS IMPACT ON U.S. ECONOMIC, SOCIAL AND CULTURAL HISTORY. THE HISTORIC COLLECTIONS CONTAIN OVER 30,000 OBJECTS.ADMISSIONS TO THE MUSEUM WERE 1901. THE MUSEUM'S THREE TRAVELLING EXHIBITS WERE SHOWN AT NUMEROUS VENUES IN THE UNITED STATES AND ABROAD.
    Expenses $239,382
  • PUBLIC INFORMATION AND EDUCATION: EDUCATIONAL PROGRAMS OFFERED TO SCHOOL CHILDREN RELATING TO THE TROTTING HORSE; DISTRIBUTION OF POSTERS, BROCHURES AND NEWSLETTERS.THE MUSEUM HOSTED 7613 STUDENTS. 527 ATTENDED EDUCATIONAL WORKSHOPS.THE MUSEUM ALSO CONDUCTS THE ANNUAL HARNESS RACING HALL OF FAME AWARDS CEREMONY, WHICH IS OPEN TO PUBLIC.THE MUSEUM GIFT SHOP SOLD EDUCATIONAL ITEMS RELATED TO HARNESS RACING AND ITS HISTORY.
    Expenses $301,650 · revenue $144,216
  • LIBRARY AND RESEARCH: THE MUSEUM OFFERS A DIVERSITY OF RESEARCH ACTIVITIES, AND IT FURNISHES ARTICLES AND PHOTOGRAPHS TO INTERESTED PARTIES.THE MUSEUM'S DEPARTMENT OF INFORMATION SERVICES RESPONDED TO 60 RESEARCH REQUESTS VIA MUSEUM WEBSITE, EMAIL AND TELEPHONE.
    Expenses $344,334

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026990 on file
2024April 30, 2025September 15, 2025990 on file
2023April 30, 2024September 16, 2024990 on file

IRS record

EIN
14-1368198
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1951
Accounting year ends
April
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,893,565
Income (IRS master file)
$2,996,464

Filing history

FormYear endedRevenueExpensesAssetsReturn
990April 2026$1,836,609$1,240,417$9,893,565XML
990April 2025$1,685,299$1,266,443$9,491,621XML
990April 2024$1,399,590$1,172,288$9,028,157XML
990April 2023$1,027,321$1,203,866$8,452,991IRS
990April 2022–––IRS
990April 2021–––IRS
990April 2020–––IRS
990April 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1368198).

Questions about HARNESS RACING MUSEUM AND HALL OF FAME

What is the EIN of HARNESS RACING MUSEUM AND HALL OF FAME?
The employer identification number (EIN) of HARNESS RACING MUSEUM AND HALL OF FAME is 14-1368198.
Is HARNESS RACING MUSEUM AND HALL OF FAME tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1951.
Are donations to HARNESS RACING MUSEUM AND HALL OF FAME tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HARNESS RACING MUSEUM AND HALL OF FAME file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HARNESS RACING MUSEUM AND HALL OF FAME due?
The return for tax year 2026 (the year ending April 30, 2027) is due September 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HARNESS RACING MUSEUM AND HALL OF FAME last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended April 2026.
Who is the principal officer of HARNESS RACING MUSEUM AND HALL OF FAME?
The 990 for the year ended April 30, 2026 names SETH ROSENFELD.
Who are the officers and directors of HARNESS RACING MUSEUM AND HALL OF FAME?
The 990 for the year ended April 30, 2026 lists 25 people; 1 received compensation from the organization, the highest $162,865 (JANET T TERHUNE, DIRECTOR).
How much revenue does HARNESS RACING MUSEUM AND HALL OF FAME have?
On its 990 for the year ended April 30, 2026 it reported revenue of $1,836,609, expenses of $1,240,417 and total assets of $9,893,565 at year end.

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