2024-09-12T10:19:49-05:00 2024-04-30 812950760 SAX LLP 1040 AVENUE OF THE AMERICAS-16TH FL NEW YORK NY 10018 990 2023-05-01 141368198 HARNESS RACING MUSEUM AND HALL OF FAME HARN 8452946330 240 MAIN STREET GOSHEN NY 10924 MAX J HEMPT PRESIDENT 8452946330 2024-09-05 1 0 DONOVAN TOMLINSON P01450208 2126857000 2024-09-05 2023 2024-08-08 14:25:15Z MAX J HEMPT 240 MAIN STREET GOSHEN NY 10924 1730218 0 X WWW.HARNESSMUSEUM.COM X 1951 NY THE HARNESS RACING MUSEUM & HALL OF FAME IS DEDICATED TO COMPREHENSIVE, ACTIVE AND AUTHORITATIVESUPPORT 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. 25 25 21 0 0 0 604872 771505 146756 136256 227336 460176 48357 31653 1027321 1399590 0 0 0 0 744324 766425 0 0 95457 459542 405863 1203866 1172288 -176545 227302 8452991 9028157 399406 391325 8053585 8636832 X 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. 0 0 251735 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 1911. THE MUSEUM'S THREE TRAVELLING EXHIBITS WERE SHOWN AT NUMEROUS VENUES IN THE UNITED STATES AND ABROAD. 297720 133034 PUBLIC INFORMATION AND EDUCATION: EDUCATIONAL PROGRAMS OFFERED TO SCHOOL CHILDREN RELATING TO THE TROTTING HORSE; DISTRIBUTION OF POSTERS, BROCHURES AND NEWSLETTERS.THE MUSEUM HOSTED 1361 STUDENTS. 405 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. 268848 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 133 RESEARCH REQUESTS VIA MUSEUM WEBSITE, EMAIL AND TELEPHONE. 818303 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 21 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X THE ORGANIZATION 8452946330 240 MAIN STREET GOSHEN NY 10924 MAX J HEMPT PRESIDENT 5.00 X X 0 0 0 SETH ROSENFELD TREASURER 5.00 X X 0 0 0 STEPHEN E OLDFORD VICE PRESIDENT 1.00 X X 0 0 0 KATHY PARKER SECRETARY 1.00 X X 0 0 0 FRANK ANTONACCI TRUSTEE 1.00 X 0 0 0 ROBERT M BONI TRUSTEE 1.00 X 0 0 0 ELIZABETH CALDWELL TRUSTEE 1.00 X 0 0 0 JOHN D CAMPBELL TRUSTEE 1.00 X 0 0 0 THOMAS A CHARTERS TRUSTEE 1.00 X 0 0 0 LAWRENCE S DEVAN TRUSTEE 1.00 X 0 0 0 JOHN M EGLOFF DVM TRUSTEE 1.00 X 0 0 0 JAY E FARRAR TRUSTEE 1.00 X 0 0 0 ELBRIDGE T GERRY JR TRUSTEE 1.00 X 0 0 0 THEODORE GEWERTZ TRUSTEE 1.00 X 0 0 0 ROGER E HUSTON TRUSTEE 1.00 X 0 0 0 STEVE JONES TRUSTEE 1.00 X 0 0 0 MARVIN KATZ TRUSTEE 1.00 X 0 0 0 KARYN MALINOWSKI TRUSTEE 1.00 X 0 0 0 DAVID H MCDUFFEE TRUSTEE 1.00 X 0 0 0 DAVID P REID TRUSTEE 1.00 X 0 0 0 JAMES W SIMPSON TRUSTEE 1.00 X 0 0 0 MITCHEL SKOLNICK TRUSTEE 1.00 X 0 0 0 JIMMY W TAKTER TRUSTEE 1.00 X 0 0 0 RUSSELL C WILLIAMS TRUSTEE 1.00 X 0 0 0 JANET T TERHUNE DIRECTOR 40.00 X 153510 0 0 153510 0 0 1 0 1 0 0 98235 673270 15105 771505 HALL OF FAME AWARDS 611710 111700 111700 ROOM RENTALS 611710 16672 16672 EDUCATION INCOME 611710 7884 7884 136256 240214 240214 518497 298535 219962 219962 219962 33800 15597 18203 18203 29946 16496 13450 13450 1399590 133034 0 495051 153510 102852 33772 16886 524960 351888 112429 60643 49760 33351 10723 5686 38195 25600 8230 4365 10309 10309 50623 50623 1980 1326 428 226 25534 23490 1533 511 50603 33916 10905 5782 EXHIBITS 101745 101745 BUILDING MAINTENANCE & 67898 62467 4073 1358 HALL OF FAME INDUCTION 61141 61141 SUPPLIES 18151 12165 5986 17879 8362 9517 1172288 818303 258528 95457 12604 27263 2250 1520 42383 23995 9563 9733 5335362 5123034 214934 212328 7773067 8367992 398190 385326 8452991 9028157 12567 10808 13047 14735 373792 365782 399406 391325 X 2678935 3095949 5374650 5540883 8053585 8636832 8452991 9028157 227302 355945 0 X 0 1 X 1 0 X 571971 509334 801116 604872 771505 3258798 571971 509334 801116 604872 771505 3258798 1244188 2014610 167863 128143 266539 289218 240214 1091977 4350775 0.46300 0.58580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 0 4665551 70000 4735551 4590548 75000 3 4665551 4390548 200000 4590548 4365551 25000 -3 4390548 4320551 45000 -133076 -133076 4365551 0 0 23763 23763 4085701 3916937 168764 17380 15366 2014 1208518 1190731 17787 212328 LEASE LIABILITY 365782 365782 1737007 355947 32093 388040 1348967 50623 50623 1399590 1153758 32093 32093 1121665 50623 50623 1172288 PART III, LINE 1A: PART III, LINE 1A: MUSEUM COLLECTIONS ARE NOT CAPITALIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COST OF COLLECTION OBJECTS PURCHASED IS CHARGED TO EXPENSE IN THE YEAR ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. THE MUSEUM'S COLLECTIONS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. THE MUSEUM'S COLLECTIONS COMPRISE ARTIFACTS AND RECORDS OF HISTORICAL SIGNIFICANCE, AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR; AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES THAT PROCEEDS FROM THEIR SALES ARE TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PART III, LINE 4: THE MUSEUM'S COLLECTIONS ARE MADE UP OF ARTIFACTS AND RECORDS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. PART V, LINE 4: ENDOWMENT EARNS INCOME FOR ALL PROGRAMS. PART XI, LINE 2D - OTHER ADJUSTMENTS: PART XII, LINE 2D-OTHER ADJUSTMENTS: COST OF MUSEUM SALES 16,496. PART XII, LINE 2D-OTHER ADJUSTMENTS: COST OF SPECIAL EVENTS 15,597. PART XII, LINE 2D - OTHER ADJUSTMENTS: PART XII, LINE 2D-OTHER ADJUSTMENTS: COST OF MUSEUM SALES 16,496. PART XII, LINE 2D-OTHER ADJUSTMENTS: COST OF SPECIAL EVENTS 15,597. PART X, LINE 2 THE MUSEUM IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE MUSEUM IS NOT A PRIVATE FOUNDATION AS DEFINED IN THE CODE. MANAGEMENT REVIEWS POSITIONS TAKEN ON IT'S TAX RETURNS AND BELIEVES THAT THERE ARE NO POSITIONS TAKEN THAT WILL ADVERSELY EFFECT THE MUSEUM'S TAX EXEMPT STATUS. HAMBLETONIAN CASINO NIGHT 33800 33800 15597 33800 33800 15597 15597 18203 0 0 0 0 0 0 0 0 0 JANET T TERHUNE DIRECTOR 153510 0 0 0 0 0 0 0 0 0 153510 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLASSES ARE BOARD OF DIRECTORS, TRUSTEES AND MEMBERSHIP BODY. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS AND REGULAR MEMBERS HAVE THE RIGHT TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE TAX RETURN IS COMPLETED IT IS PRESENTED TO CERTAIN MEMBERS OF THE EXECUTIVE COMMITTEE FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED FOR SIGNING TO ALL NEW TRUSTEES AND EMPLOYEES AND ANNUALLY TO THE MEMBERS OF THE AUDIT COMMITTEE. THE RESPONSES ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE APPROVES ALL SALARIES ANNUALLY AS PART OF THE BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AND INFORMATION ARE MADE AVAILABLE UPON REQUEST