NATIONAL MUSEUM OF RACING INC

NATIONAL MUSEUM OF RACING INC

SARATOGA SPRINGS, NY, US
501(c)(3)
EIN
14-1421321

NATIONAL MUSEUM OF RACING INC

SARATOGA SPRINGS, NY, US
501(c)(3)
EIN
14-1421321

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$30,947,600

Investments
62%
Property, Plant, & Equipment (net)
29%
Receivables (Non-Related)
5%
Cash & Equivalents
3%
Other Assets
<1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$151,252

Payables & Accruals
52%
Deferred Revenue
43%
Notes Payable / Debt (Non-Related)
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,054,967
$898,359
-56%
Receivables (Non-Related)
$2,358,048
$1,538,524
-35%
Related-Party Receivables
-
-
-
Inventories
$72,634
$83,081
+14%
Prepaid Expenses
$46,040
$53,346
+16%
Investments
$16,079,034
$19,164,581
+19%
Property, Plant, & Equipment (net)
$10,574,736
$9,107,302
-14%
Other Assets
$130,953
$102,407
-22%
Total Assets
$31,316,412
$30,947,600
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$53,351
$79,050
+48%
Grants Payable
-
-
-
Deferred Revenue
$37,125
$64,349
+73%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$12,453
$7,853
-37%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$102,929
$151,252
+47%
Net assets
2023
2024
Change
Restricted Net Assets
$15,103,442
$16,315,173
+8%
Unrestricted Net Assets
$16,110,041
$14,481,175
-10%
Net assets
2023
2024
Change
Net assets
+$31,213,483
+$30,796,348
-1%
Balance Sheet
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