National Steeplechase Museum Inc
- Assets
- $1.8m
- Revenue
- $88.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Camden, SC
- Founding
- 03/2004
- Data as of
- 12/2021
- EIN
- 20-0477201
Organization Overview
National Steeplechase Museum Inc is located in Camden, SC. The organization was established in 2004. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Steeplechase Museum Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, National Steeplechase Museum Inc generated $88.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $151.5k during the year ending 12/2021. While expenses have increased by 9.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AND MAINTAIN A REPOSITORY FOR STEEPLECHASE MEMORABILIA AND FOSTER PUBLIC INTEREST IN THE SPORT OF AMERICAN STEEPLECHASING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF MUSUEM FOR STEEPLECHASE MEMORABILIA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Cox Chairman | OfficerTrustee | $0 | |
Rick Reames Secretary/tr | OfficerTrustee | $0 | |
Walter M Long Jr Vice Chairma | OfficerTrustee | $0 | |
Toby Edwards CEO | Officer | $0 | |
Tom Mullikin Director | Trustee | $0 | |
Hope H Cooper Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $49,124 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,624 |
| Total Program Service Revenue | $0 |
| Investment income | $2,230 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,516 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $690 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $88,060 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,976 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,834 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,545 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,000 |
| Advertising and promotion | $8,468 |
| Office expenses | $5,556 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,565 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,993 |
| Insurance | $1,340 |
| All other expenses | $1,207 |
| Total functional expenses | $151,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,124,878 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $659,152 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $52,100 |
| Total assets | $1,836,130 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,887 |
| Total liabilities | $1,887 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,834,243 |
| Total liabilities and net assets/fund balances | $1,836,130 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that National Steeplechase Museum Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Luminescence Foundation Inc Marshall, VA PURPOSE: GENERAL | $1,000 |
Fernleigh Foundation New York, NY PURPOSE: GENERAL SUPPORT | $1,000 |
Brady Foundation Salisbury, NC PURPOSE: CHARITABLE USE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Center For Civil And Humanrights Inc Atlanta, GA | $28,909,465 | $12,210,926 |
Atlanta Hall Management Inc Atlanta, GA | $34,614,233 | $3,372,998 |
International African American Museum Charleston, SC | $69,899,271 | $29,654,302 |
Cultural And Heritage Commission Of York County Rock Hill, SC | $4,729,121 | $4,880,963 |
Georgia Museums Inc Cartersville, GA | $34,504,271 | $6,701,117 |
Museum Of Aviation At Robins Air Force Base Georgia Foundation Inc Warner Robins, GA | $2,983,793 | $2,917,153 |
Earle Brown Music Foundation Atlanta, GA | $25,951,264 | $2,643,188 |
Museum Of The Cherokee Indian Cherokee, NC | $7,226,404 | $1,829,995 |
William Bremen Jewish Heritage Musuem Atlanta, GA | $6,272,637 | $3,248,833 |
Eagle Market Streets Development Asheville, NC | $2,650,057 | $3,019,811 |
Coastal Discovery Museum Hilton Head Island, SC | $7,166,489 | $1,911,663 |
Morris Museum Of Art Augusta, GA | $40,339,683 | $1,573,093 |