NATIONAL MUSEUM OF RACING INC Charity Report

Public IRS 990 nonprofit record

NATIONAL MUSEUM OF RACING INC

EIN 14-1421321 · Arts, Culture & Humanities (A500)

What they do

CURATORIAL CONSERVATION of OBJECTS RELATING to HORSE RACING INDUSTRY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $65.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders54 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

82.56%of revenue went to mission work65.8% of expenses · Program services

20.81%of revenue went to fundraising16.6% of expenses

$125.53spent for every $100 of revenueSpending was higher than revenue this year.

22.16%of revenue went to management and office costs17.7% of expenses

$6.51in assets for every $1 spent this yearSome assets cannot be spent right away.

42.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $941,736 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $168,252 for CATHERINE MASTERSON (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,689,084

Mission workProgram services$3,045,86682.56% of revenue65.8% of expenses

ManagementOffice and general costs$817,36022.16% of revenue17.7% of expenses

FundraisingAsking for donations$767,59420.81% of revenue16.6% of expenses

Total expenses$4,630,820125.53% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 65.8% mission · 17.7% management · 16.6% fundraisingTotal expenses: 125.53% of revenue

2024Expense mix: 70.4% mission · 17.7% management · 11.9% fundraisingTotal expenses: 131.39% of revenue

2023Expense mix: 74.1% mission · 15.6% management · 10.3% fundraisingTotal expenses: 85.88% of revenue

2022Expense mix: 73.1% mission · 16.8% management · 10.1% fundraisingTotal expenses: 58.54% of revenue

2021Expense mix: 74.0% mission · 16.1% management · 9.8% fundraisingTotal expenses: 86.80% of revenue

2020Expense mix: 64.4% mission · 20.4% management · 15.2% fundraisingTotal expenses: 76.71% of revenue

2019Expense mix: 59.0% mission · 23.1% management · 17.9% fundraisingTotal expenses: 47.22% of revenue

2018Expense mix: 53.0% mission · 26.8% management · 20.2% fundraisingTotal expenses: 26.07% of revenue

Money in and money out

Revenue$3,689,084

Expenses$4,630,820

Annual shortfall $941,736 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,045,866 · 65.8% of expenses

Management and office costs$817,360 · 17.7% of expenses

Fundraising$767,594 · 16.6% of expenses

See all reported dollar amounts

Revenue$3,689,084

Expenses$4,630,820

Assets$30,136,604

Income$11,002,444

Contributions$1,570,621

Mission work (program services)$3,045,866

Fundraising$767,594

Management and general$817,360

Stocks and bonds$20,371,508

Accounting fees$79,665

Investing fees$113,560

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CATHERINE MASTERSONDIRECTOR · 40 hrs/week $168,252Base $137,236 · Other $31,016

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (54)

CATHERINE MASTERSONDIRECTOR

RICHARD PALMERVICE CHAIRMAN

H CHRISTOPHER BOEHNINGTRUSTEE

JEFFREY S AMLINGTREASURER

JOE CLANCYADVISORY TRUSTEE

JOSH PONSADVISORY TRUSTEE

JULIA CHLOPECKIADVISORY TRUSTEE

LEVERETT MILLERADVISORY TRUSTEE

LISA TROUTTVICE CHAIRMAN

LOUIS A CELLAVICE CHAIRMAN

MARY JANE HUNTTRUSTEE

MAUREEN LEWIADVISORY TRUSTEE

MIKE ROGERSVICE CHAIRMAN

PENELOPE MILLERADVISORY TRUSTEE

RAMON DOMINGUEZTRUSTEE

GRETCHEN JACKSONVICE CHAIRMAN

RICHARD C COLTON JRADVISORY TRUSTEE

ROBERT N CLAYADVISORY TRUSTEE

SARAH JEFFORDSTRUSTEE

SARGE REYNOLDSADVISORY TRUSTEE

SHANNON ARVINTRUSTEE

STELLA F THAYERVICE CHAIRMAN

STUART SIEGELADVISORY TRUSTEE

SUSAN NAYLORTRUSTEE

TERRENCE FINLEYADVISORY TRUSTEE

TOM DURKINTRUSTEE

WALTER BORISENOKSECRETARY

WILLIAM S FARISHADVISORY TRUSTEE

CHARLOTTE RADCLIFFEADVISORY TRUSTEE

AARON T GRYDERADVISORY TRUSTEE

ANDREW RICHARDSTRUSTEE

ARON WELLMANTRUSTEE

BARBARA BANKEADVISORY TRUSTEE

BEVERLY STEINMANVICE CHAIRMAN

BOB EDWARDSADVISORY TRUSTEE

C KENNETH GRAYSONTRUSTEE

CAROLYN WILSONADVISORY TRUSTEE

CATHLEEN T MARINOADVISORY TRUSTEE

CHARLES NOELLADVISORY TRUSTEE

CHARLES J CELLAADVISORY TRUSTEE

CHARLES V WAITTRUSTEE

A DOUGLAS HENDERSONADVISORY TRUSTEES

CHARLOTTE WEBERCHAIR

CHRIS BAKERADVISORY TRUSTEE

CORNELIA CORBETTTRUSTEE EMERITUS

DANIEL G VAN CLIEFADVISORY TRUSTEE

DAVID OROURKETRUSTEE

DEBBY OXLEYVICE CHAIRMAN

DELL HANCOCKADVISORY TRUSTEE

DONALD R DIZNEYADVISORY TRUSTEE

ELIZABETH LOFTUS-IMPERIOTRUSTEE

G WATTS HUMPHREYADVISORY TRUSTEE

GD HIERONYMUSADVISORY TRUSTEE

GEORGE STRAWBRIDGE JRVICE CHAIRMAN

About this charity

Recognized since: January 1952
Location: 191 UNION AVE, SARATOGA SPGS, NY 12866-3513
County: Saratoga
In care of: CATHERINE M MASTERSON
Primary officer: CATHERINE M MASTERSON, DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(518) 584-0400

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: UHY ADVISORS NORTHEAST INC
NTEE classification: Arts, Culture & Humanities (A500)