Reading Fairgrounds Racing Historical Society is located in Temple, PA. The organization was established in 2005. According to its NTEE Classification (A54) the organization is classified as: History 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. Reading Fairgrounds Racing Historical Society 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, Reading Fairgrounds Racing Historical Society generated $13.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $13.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTING EDUCATION ON THE READING FAIRGROUNDS RACING BY DISPLAYING MEMORABILIA AND PROVIDING A DISCUSSION PLACE WHERE RACE FANS CAN TEACH AND REMINISCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Galen Koller President | 4 | $0 | |
Earl Stufflet Vice President | 4 | $0 | |
Michael Ritter Treasurer | 6 | $0 | |
Marie Gift Secretary | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,909 |
Total Program Service Revenue | $3,257 |
Membership dues | $4,465 |
Investment income | $320 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $121 |
Total Revenue | $13,530 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $684 |
Printing, publications, postage, and shipping | $1,215 |
Other expenses | $11,176 |
Total expenses | $13,075 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,497 |
Other assets | $0 |
Total assets | $71,174 |
Total liabilities | $0 |
Net assets or fund balances | $71,174 |
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