Nonprofit · EIN 14-1421321
NATIONAL MUSEUM OF RACING INC
Tax-exempt · SARATOGA SPGS, NY 12866
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,689,084 | $4,630,820 | -$941,736 | $30,136,604 | $121,756 | $30,014,848 |
| December 31, 2024 | 990 | $3,274,667 | $4,302,609 | -$1,027,942 | $30,947,600 | $151,252 | $30,796,348 |
| December 31, 2023 | 990 | $4,618,697 | $3,966,723 | $651,974 | $31,316,412 | $102,929 | $31,213,483 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,570,621
- Program service revenue
- $294,569
- Investment income
- $1,555,248
- Net rental income
- $72,314
- Net gain from sales of assets
- $1,054,151
- Net income from fundraising events
- $112,725
- Net income from sales of inventory
- $69,175
- Other revenue
- $268,646
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $137,236
- Other salaries and wages
- $844,398
- Salaries, compensation and benefits (total)
- $1,231,671
- Professional fundraising fees
- $0
- Legal fees
- $969
- Accounting fees
- $79,665
- Occupancy
- $232,976
- Travel
- $48,292
- Depreciation
- $1,604,504
- Program services (functional)
- $3,045,866
- Management and general (functional)
- $817,360
- Fundraising (functional)
- $767,594
Balance sheet and other
- Total assets, start of year
- $30,947,600
- Total assets, end of year
- $30,136,604
- Total liabilities, end of year
- $121,756
- Net assets, end of year
- $30,014,848
- Land, buildings and equipment
- $7,509,685
- Publicly traded securities
- $20,371,508
- Net assets without donor restrictions
- $13,104,326
- Net assets with donor restrictions
- $16,910,522
- Gross receipts
- $11,002,444
- Employees
- 44
- Volunteers
- 42
- Year formed
- 1950
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHERINE MASTERSON | DIRECTOR Officer | 40 | $137,236 | $31,016 |
| STELLA F THAYER | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| JEFFREY S AMLING | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CHARLOTTE WEBER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DONALD R DIZNEY | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| SUSAN NAYLOR | TRUSTEE Trustee or director | 0 | $0 | $0 |
| GRETCHEN JACKSON | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| CORNELIA CORBETT | TRUSTEE EMERITUS Trustee or director | 0 | $0 | $0 |
| CHARLES V WAIT | TRUSTEE Trustee or director | 0 | $0 | $0 |
| LEVERETT MILLER | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| DEBBY OXLEY | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| GEORGE STRAWBRIDGE JR | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| G WATTS HUMPHREY | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| LOUIS A CELLA | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| SARAH JEFFORDS | TRUSTEE Trustee or director | 0 | $0 | $0 |
39 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA BANKE | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| H CHRISTOPHER BOEHNING | TRUSTEE Trustee or director | 0 | $0 |
| RICHARD C COLTON JR | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| WILLIAM S FARISH | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| TERRENCE FINLEY | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| C KENNETH GRAYSON | TRUSTEE Trustee or director | 0 | $0 |
| DELL HANCOCK | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| PENELOPE MILLER | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| CHARLES NOELL | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| RICHARD PALMER | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 |
| A DOUGLAS HENDERSON | ADVISORY TRUSTEES Trustee or director | 0 | $0 |
| ANDREW RICHARDS | TRUSTEE Trustee or director | 0 | $0 |
| GD HIERONYMUS | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| DANIEL G VAN CLIEF | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| WALTER BORISENOK | SECRETARY Trustee or director, Officer | 0 | $0 |
| CAROLYN WILSON | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| BEVERLY STEINMAN | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 |
| BOB EDWARDS | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| MIKE ROGERS | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 |
| LISA TROUTT | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 |
| ROBERT N CLAY | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| TOM DURKIN | TRUSTEE Trustee or director | 0 | $0 |
| MAUREEN LEWI | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| RAMON DOMINGUEZ | TRUSTEE Trustee or director | 0 | $0 |
| SHANNON ARVIN | TRUSTEE Trustee or director | 0 | $0 |
| JOSH PONS | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| MARY JANE HUNT | TRUSTEE Trustee or director | 0 | $0 |
| DAVID O'ROURKE | TRUSTEE Trustee or director | 0 | $0 |
| ARON WELLMAN | TRUSTEE Trustee or director | 0 | $0 |
| CHRIS BAKER | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| JOE CLANCY | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| AARON T GRYDER | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| ELIZABETH LOFTUS-IMPERIO | TRUSTEE Trustee or director | 0 | $0 |
| CATHLEEN T MARINO | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| CHARLES J CELLA | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| CHARLOTTE RADCLIFFE | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| JULIA CHLOPECKI | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| SARGE REYNOLDS | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| STUART SIEGEL | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 56 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHERINE MASTERSON | DIRECTOR Officer | 40 | $130,681 | $28,498 |
| STELLA F THAYER | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| EDWARD L BOWEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEFFREY S AMLING | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CHARLOTTE WEBER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DONALD R DIZNEY | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| SUSAN NAYLOR | TRUSTEE Trustee or director | 0 | $0 | $0 |
| GRETCHEN JACKSON | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| CORNELIA CORBETT | TRUSTEE EMERITUS Trustee or director | 0 | $0 | $0 |
| CHARLES V WAIT | TRUSTEE Trustee or director | 0 | $0 | $0 |
| LEVERETT MILLER | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| DEBBY OXLEY | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| GEORGE STRAWBRIDGE JR | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| G WATTS HUMPHREY | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| LOUIS A CELLA | TRUSTEE Trustee or director | 0 | $0 | $0 |
| SARAH JEFFORDS | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| BARBARA BANKE | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| H CHRISTOPHER BOEHNING | TRUSTEE Trustee or director | 0 | $0 | $0 |
| RICHARD C COLTON JR | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| WILLIAM S FARISH | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| TERRENCE FINLEY | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| C KENNETH GRAYSON | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DELL HANCOCK | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| PENELOPE MILLER | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| CHARLES NOELL | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| RICHARD PALMER | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| A DOUGLAS HENDERSON | ADVISORY TRUSTEES Trustee or director | 0 | $0 | $0 |
| ANDREW RICHARDS | TRUSTEE Trustee or director | 0 | $0 | $0 |
| GD HIERONYMUS | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| DANIEL G VAN CLIEF | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| WALTER BORISENOK | SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| CAROLYN WILSON | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| BEVERLY STEINMAN | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| BOB EDWARDS | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| MIKE ROGERS | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| LISA TROUTT | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| ROBERT N CLAY | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| TOM DURKIN | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MAUREEN LEWI | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| RAMON DOMINGUEZ | TRUSTEE Trustee or director | 0 | $0 | $0 |
| SHANNON ARVIN | TRUSTEE Trustee or director | 0 | $0 | $0 |
| JOSH PONS | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| MARY JANE HUNT | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DAVID O'ROURKE | TRUSTEE Trustee or director | 0 | $0 | $0 |
| ARON WELLMAN | TRUSTEE Trustee or director | 0 | $0 | $0 |
| CHRIS BAKER | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| JOE CLANCY | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| AARON T GRYDER | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| ELIZABETH LOFTUS-IMPERIO | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| CATHLEEN T MARINO | ADVISORY TRUSTEE Trustee or director | 0 | $0 | $0 |
| PRICE BELL | TRUSTEE Trustee or director | 0 | $0 | $0 |
| AURELIA BOLTON | TRUSTEE Trustee or director | 0 | $0 | $0 |
| SEAN CLANCY | TRUSTEE Trustee or director | 0 | $0 | $0 |
| JOHN HENDRICKSON | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| PETTER STANLEY | TRUSTEE Trustee or director | 0 | $0 | $0 |
| WILLIAM ROEBLING | TRUSTEE Trustee or director | 0 | $0 | $0 |
990 for the year ended December 31, 2023: 48 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CATHERINE MASTERSON | DIRECTOR Officer | 40 | $125,639 |
| STELLA F THAYER | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| EDWARD L BOWEN | TRUSTEE Trustee or director | 2 | $0 |
| JEFFREY S AMLING | TREASURER Trustee or director, Officer | 2 | $0 |
| CHARLOTTE WEBER | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| DONALD R DIZNEY | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| JOHN F HENDRICKSON | CHAIRMAN Trustee or director, Officer | 0 | $0 |
| GRETCHEN JACKSON | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 |
| WILLIAM ROEBLING | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| CHARLES V WAIT | TRUSTEE Trustee or director | 0 | $0 |
| CORNELIA CORBETT | TRUSTEE EMERITUS Trustee or director | 0 | $0 |
| LEVERETT MILLER | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| DEBBY OXLEY | VICE CHAIRMAN Trustee or director | 0 | $0 |
| GEORGE STRAWBRIDGE JR | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 |
| G WATTS HUMPHREY | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 |
| LOUIS A CELLA | TRUSTEE Trustee or director | 0 | $0 |
| SARAH JEFFORDS | TRUSTEE Trustee or director | 0 | $0 |
| BARBARA BANKE | TRUSTEE Trustee or director | 0 | $0 |
| AURELIA BOLTON | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| H CHRISTOPHER BOEHNING | TRUSTEE Trustee or director | 0 | $0 |
| RICHARD C COLTON JR | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| WILLIAM S FARISH | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| TERRENCE FINLEY | TRUSTEE Trustee or director | 0 | $0 |
| C KENNETH GRAYSON | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| DELL HANCOCK | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| PENELOPE MILLER | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| CHARLES NOELL | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| RICHARD PALMER | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 |
| STANLEY D PETTER JR | ADVISORY EMERITUS Trustee or director | 0 | $0 |
| A DOUGLAS HENDERSON | ADVISORY TRUSTEES Trustee or director | 0 | $0 |
| ANDREW RICHARDS | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| GD HIERONYMUS | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| DANIEL G VAN CLIEF JR | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| WALTER BORISENOK | SECRETARY Trustee or director, Officer | 0 | $0 |
| CAROLYN WILSON | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| BEVERLY STEINMAN | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 |
| BOB EDWARDS | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| MIKE ROGERS | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 |
| LISA TROUTT | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 |
| PRICE H BELL JR | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| ROBERT N CLAY | TRUSTEE Trustee or director | 0 | $0 |
| SEAN CLANCY | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| TOM DURKIN | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| MAUREEN LEWI | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| RAMON DOMINGUEZ | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
| SUSAN MOULTON | TRUSTEE Trustee or director | 0 | $0 |
| SHANNON ARVIN | TRUSTEE Trustee or director | 0 | $0 |
| JOSH PONS | ADVISORY TRUSTEE Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 191 UNION AVE, SARATOGA SPGS, NY 12866-3513
- Principal officer (990 for 2025)
- CATHERINE M MASTERSON, 191 UNION AVENUE, SARATOGA SPRINGS, NY 12866
- Signed the 990
- CATHERINE M MASTERSON, DIRECTOR
- Phone
- (518) 584-0400
- Website
- WWW.RACINGMUSEUM.ORG
- Return prepared by
- UHY ADVISORS NORTHEAST INC
Mission
CURATORIAL CONSERVATION OF OBJECTS RELATING TO HORSE RACING INDUSTRY
Program accomplishments
- CURATORIAL CONSERVATION OF OBJECTS RELATING TO HORSE RACING HISTORYExpenses $3,045,866 · revenue $412,162
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1421321
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1952
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A500)
- Assets (IRS master file)
- $30,136,604
- Income (IRS master file)
- $11,002,444
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,689,084 | $4,630,820 | $30,136,604 | IRS |
| 990 | December 2024 | $3,274,667 | $4,302,609 | $30,947,600 | IRS |
| 990 | December 2023 | $4,618,697 | $3,966,723 | $31,316,412 | XML |
| 990 | December 2022 | $6,266,172 | $3,667,991 | $29,006,071 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 14-1421321).
Questions about NATIONAL MUSEUM OF RACING INC
- What is the EIN of NATIONAL MUSEUM OF RACING INC?
- The employer identification number (EIN) of NATIONAL MUSEUM OF RACING INC is 14-1421321.
- Is NATIONAL MUSEUM OF RACING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1952.
- Are donations to NATIONAL MUSEUM OF RACING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NATIONAL MUSEUM OF RACING INC 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 NATIONAL MUSEUM OF RACING INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL MUSEUM OF RACING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NATIONAL MUSEUM OF RACING INC?
- The 990 for the year ended December 31, 2025 names CATHERINE M MASTERSON.
- Who are the officers and directors of NATIONAL MUSEUM OF RACING INC?
- The 990 for the year ended December 31, 2025 lists 54 people; 1 received compensation from the organization, the highest $137,236 (CATHERINE MASTERSON, DIRECTOR).
- How much revenue does NATIONAL MUSEUM OF RACING INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,689,084, expenses of $4,630,820 and total assets of $30,136,604 at year end.
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