Nonprofit · EIN 61-6029614
AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC
Tax-exempt · LEXINGTON, KY 40511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $465,305 | $806,204 | -$340,899 | $9,323,196 | $37,388 | $9,285,808 |
| December 31, 2023 | 990 | $363,749 | $779,610 | -$415,861 | $9,444,926 | $40,762 | $9,404,164 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $235,221
- Membership dues
- $12,330
- Program service revenue
- $25,803
- Investment income
- $49,419
- Net rental income
- $1,650
- Net income from fundraising events
- $87,783
- Net income from gaming
- $14,075
- Net income from sales of inventory
- $47,071
- Other revenue
- $154,862
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $102,750
- Other salaries and wages
- $170,522
- Salaries, compensation and benefits (total)
- $305,401
- Professional fundraising fees
- $0
- Occupancy
- $84,320
- Travel
- $5,126
- Depreciation
- $325,478
- Program services (functional)
- $456,225
- Management and general (functional)
- $305,675
- Fundraising (functional)
- $44,304
Balance sheet and other
- Total assets, start of year
- $9,444,926
- Total assets, end of year
- $9,323,196
- Total liabilities, end of year
- $37,388
- Net assets, end of year
- $9,285,808
- Land, buildings and equipment
- $5,838,398
- Publicly traded securities
- $2,008,276
- Net assets without donor restrictions
- $7,707,336
- Net assets with donor restrictions
- $1,578,472
- Gross unrelated business income
- $48,721
- Gross receipts
- $605,126
- Employees
- 14
- Volunteers
- 10
- Year formed
- 1962
- State of legal domicile
- KY
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jennifer K Foster | Executive Director | 40 | $102,750 |
| Grace Arnold | Board Member Trustee or director | 1 | $0 |
| Deborah Butler | Board Member Trustee or director | 1 | $0 |
| Rob Byers | Board Member Trustee or director | 1 | $0 |
| Ann Simien Curl | Board Member Trustee or director | 1 | $0 |
| Donna Finch | Secretary Trustee or director, Officer | 3 | $0 |
| Angela Herrin | Board Member Trustee or director | 1 | $0 |
| Mary Jane Glasscock Kirkpatrick | Treasurer Trustee or director, Officer | 3 | $0 |
| Carolyn Melka | Board Member Trustee or director | 1 | $0 |
| Ross Millin | Board Member Trustee or director | 1 | $0 |
| Diane Nyhammer | Board Member Trustee or director | 1 | $0 |
| Amy Dix Rock | First VP Trustee or director, Officer | 3 | $0 |
| Mark Strong | President Trustee or director, Officer | 3 | $0 |
| Nancy Trent | Second VP Trustee or director, Officer | 3 | $0 |
| Katie Dunn Jacobsen | Board Member Trustee or director | 1 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stacey Kipper-Perrelli | Board Member Trustee or director | 1 | $0 |
| Chryse Veit | Board Member Trustee or director | 1 | $0 |
| Robin H Giles | Board Member Trustee or director | 1 | $0 |
| Robin K Rednor | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Grace Arnold | Board Member Trustee or director | 1 | $0 |
| Candi Covino Aversenti | Member at Large Trustee or director | 2 | $0 |
| Deborah Butler | Board Member Trustee or director | 1 | $0 |
| Rob Byers | Board Member Trustee or director | 1 | $0 |
| Ann Simien Curl | Board Member Trustee or director | 1 | $0 |
| Donna Finch | Secretary Trustee or director, Officer | 3 | $0 |
| Angela Herrin | Board Member Trustee or director | 1 | $0 |
| Mary Jane Glasscock Kirkpatrick | Treasurer Trustee or director, Officer | 3 | $0 |
| Gail Kline | Board Member Trustee or director | 1 | $0 |
| Keith Kurz | Member at Large Trustee or director | 3 | $0 |
| Carolyn Melka | Board Member Trustee or director | 1 | $0 |
| Ross Millin | Board Member Trustee or director | 1 | $0 |
| Angela Mirabole | Board Member Trustee or director | 1 | $0 |
| Diane Nyhammer | Board Member Trustee or director | 1 | $0 |
| Amy Dix Rock | First VP Trustee or director, Officer | 3 | $0 |
| Mark Strong | President Trustee or director, Officer | 3 | $0 |
| Nancy Trent | Board Member Trustee or director | 1 | $0 |
| Katie Dunn Jacobsen | Board Member Trustee or director | 1 | $0 |
| Stacey Kipper-Perrelli | Board Member Trustee or director | 1 | $0 |
| Chryse Veit | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4083 WING COMMANDER WAY STE 150, LEXINGTON, KY 40511-8203
- Principal officer (990 for 2024)
- Jennifer K Foster
- Signed the 990
- Jennifer K Foster, Executive Director
- Phone
- (859) 259-2746
- Website
- www.asbmuseum.org
- Return prepared by
- R & R CPAS
Mission
TO PRESERVE THE TRADITIONS AND PROMOTE THE HERITAGE OF OUR BEAUTIFUL ATHLETIC HORSES, THROUGH ACTIVE ENGAGEMENT OF THE GENERAL PUBLIC AND EQUINE COMMUNITY BY EXPANDING INTEREST AND APPEAL IN OUR BREED.
Program accomplishments
- TO PRESERVE THE TRADITIONS AND PROMOTE THE HERITAGE OF OUR BEAUTIFUL ATHLETIC HORSES, THROUGH ACTIVE ENGAGEMENT OF THE GENERAL PUBLIC AND EQUINE COMMUNITY BY EXPANDING INTEREST AND APPEAL IN OUR BREED.Expenses $456,225
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 | Not 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
- 61-6029614
- 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
- 1964
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A500)
- Assets (IRS master file)
- $9,323,196
- Income (IRS master file)
- $605,126
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $465,305 | $806,204 | $9,323,196 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $363,749 | $779,610 | $9,444,926 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $593,426 | $757,917 | $9,830,638 | 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 61-6029614).
Questions about AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC
- What is the EIN of AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC?
- The employer identification number (EIN) of AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC is 61-6029614.
- Is AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN SADDLE HORSE MUSEUM ASSOCIATION 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 AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names Jennifer K Foster.
- Who are the officers and directors of AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 19 people; 1 received compensation from the organization, the highest $102,750 (Jennifer K Foster, Executive Director).
- How much revenue does AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $465,305, expenses of $806,204 and total assets of $9,323,196 at year end.
Other nonprofits in LEXINGTON
- COMMONWEALTH FUND FOR KET INC EIN 61-1285473 · last filed 990 for 2025
- KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC EIN 61-0722558 · last filed 990 for 2025
- LEXINGTON THEATRE COMPANY EIN 46-4867178 · last filed 990 for 2025
- LEXINGTON LEADERSHIP FOUNDATION INC EIN 61-1359956 · last filed 990 for 2024
- LEXARTS INC EIN 61-1163184 · last filed 990 for 2025
- THE AVIATION MUSEUM OF KENTUCKY INC EIN 31-1028870 · last filed 990 for 2024
- LEXINGTON CHILDRENS THEATRE INC EIN 61-0929277 · last filed 990 for 2025
- LEXINGTON PHILHARMONIC SOCIETY INC EIN 61-6033529 · last filed 990 for 2025
All nonprofits in LEXINGTON · Kentucky · Arts, culture and humanities