Nonprofit · EIN 59-1763307
DON GARLITS MUSEUM OF DRAG RACING INC
Tax-exempt · OCALA, FL 34473
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $877,374 | $759,274 | $118,100 | $22,045,570 | $45,841 | $21,999,729 |
| September 30, 2024 | 990 | $888,127 | $727,629 | $160,498 | $21,952,477 | $70,848 | $21,881,629 |
| September 30, 2023 | 990 | $852,883 | $682,574 | $170,309 | $21,795,013 | $73,882 | $21,721,131 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $15,675
- Program service revenue
- $571,723
- Investment income
- $6,322
- Royalties
- $6
- Net income from sales of inventory
- $280,300
- Other revenue
- $283,654
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $324,285
- Salaries, compensation and benefits (total)
- $349,162
- Professional fundraising fees
- $0
- Accounting fees
- $1,470
- Occupancy
- $181,174
- Travel
- $48,282
- Program services (functional)
- $648,860
- Management and general (functional)
- $94,669
- Fundraising (functional)
- $15,745
Balance sheet and other
- Total assets, start of year
- $21,952,477
- Total assets, end of year
- $22,045,570
- Total liabilities, end of year
- $45,841
- Net assets, end of year
- $21,999,729
- Land, buildings and equipment
- $18,906,447
- Gross receipts
- $996,943
- Employees
- 12
- Year formed
- 1976
- State of legal domicile
- FL
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE ALBRIGHT | DIRECTOR Trustee or director | – | $0 |
| GAY LYN CAPITANO | TREASURER/SE Trustee or director, Officer | – | $0 |
| STEVE ELLIS | DIRECTOR Trustee or director | – | $0 |
| DON GARLITS | CHAIRMAN/CEO Trustee or director, Officer | – | $0 |
| DONNA GARLITS | VICE CHAIRMA Trustee or director, Officer | – | $0 |
| CHRIS KARAMESINES | DIRECTOR Trustee or director | – | $0 |
| CARL SCHIEFER | DIRECTOR Trustee or director | – | $0 |
990 for the year ended September 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON GARLITS | CHAIRMAN/CEO Trustee or director, Officer | 20 | $8,629 |
| GEORGE ALBRIGHT | DIRECTOR Trustee or director | 0.5 | $0 |
| GAY LYN CAPITANO | TREASURER/SE Trustee or director, Officer | 1 | $0 |
| STEVE ELLIS | DIRECTOR Trustee or director | – | $0 |
| DONNA GARLITS | VICE CHAIRMA Trustee or director, Officer | 0.5 | $0 |
| CHRIS KARAMESINES | DIRECTOR Trustee or director | 0 | $0 |
| CARL SCHIEFER | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended September 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Don Garlits | Chairman/CEO Trustee or director, Officer, Key employee | 40 | $0 |
| Steve Ellis | Director Trustee or director | 0 | $0 |
| Donna Garlits | Vice Chairman/CFO Trustee or director, Officer, Key employee | 0 | $0 |
| Gay Lyn Capitano | Treasurer/Sec Trustee or director, Officer | 1 | $0 |
| Carl Schiefer | Director Trustee or director | 1 | $0 |
| Chris Karamesines | Director Trustee or director | 0 | $0 |
| George Albright | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 13700 SW 16TH AVE, OCALA, FL 34473-3970
- Principal officer (990 for 2024)
- DON GARLITS, 13700 SW 16 AVE, OCALA, FL 34420
- Signed the 990
- DON GARLITS, CHAIRMAN/CEO
- Phone
- (352) 245-8661
- Website
- WWW.GARLITS.COM
- Return prepared by
- M SCRIBNER CPA
Mission
PRESERVING THE HISTORY OF DRAG RACING. THE GATHERING OF HISTORICAL RACING VEHICLES AND ARTIFACTS. THE RESTORING ATHE SAME FOR EXHIBITIONAL PURPOSES.
Program accomplishments
- EXHIBIT RACE CARS AND ANTIQUE AUTOS IN A MUSEUM SERVING OVER 50,000 PERSONS ANNUALLY.Expenses $648,860 · revenue $855,377
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 59-1763307
- 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
- 1978
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A500)
- Assets (IRS master file)
- $22,045,570
- Income (IRS master file)
- $996,943
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $877,374 | $759,274 | $22,045,570 | XML |
| 990 | September 2024 | $888,127 | $727,629 | $21,952,477 | XML |
| 990 | September 2023 | $852,883 | $682,574 | $21,795,013 | XML |
| 990 | September 2022 | $806,410 | $670,816 | $21,639,234 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 59-1763307).
Questions about DON GARLITS MUSEUM OF DRAG RACING INC
- What is the EIN of DON GARLITS MUSEUM OF DRAG RACING INC?
- The employer identification number (EIN) of DON GARLITS MUSEUM OF DRAG RACING INC is 59-1763307.
- Is DON GARLITS MUSEUM OF DRAG RACING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to DON GARLITS MUSEUM OF DRAG RACING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DON GARLITS MUSEUM OF DRAG 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 DON GARLITS MUSEUM OF DRAG RACING INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DON GARLITS MUSEUM OF DRAG RACING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of DON GARLITS MUSEUM OF DRAG RACING INC?
- The 990 for the year ended September 30, 2025 names DON GARLITS.
- Who are the officers and directors of DON GARLITS MUSEUM OF DRAG RACING INC?
- The 990 for the year ended September 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does DON GARLITS MUSEUM OF DRAG RACING INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $877,374, expenses of $759,274 and total assets of $22,045,570 at year end.
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