American Saddle Horse Museum Association Inc

Analysis

American Saddle Horse Museum Association Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in May 1964, 62 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Saddle Horse Museum Association Inc reported income of $364k and spending of $780k, spending 214% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $364k (-74%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Saddle Horse Museum Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Summit Choral Society Inc ($364k), Ted Brown Music Outreach ($364k) and Plymouth Art Foundation Inc ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 0.6% of the total. Other salaries and wages came to $267k. At year end it held assets of $9.4m against liabilities of $41k, net assets of $9.4m. It reported 14 employees.