Reading Fairgrounds Racing Historical Society
- Assets
- $76.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Temple, PA
- Founding
- 04/2005
- Data as of
- 12/2022
- EIN
- 30-0228793
Organization Overview
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 12/2022, Reading Fairgrounds Racing Historical Society generated $22.0k 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 (6.4%) each year. All expenses for the organization totaled $17.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.5%) 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
2022
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Galen Koller President | 4 | $0 | |
Earl Stufflet Vice President | 4 | $0 | |
Michael Ritter Treasurer | 6 | $938 | |
Marie Gift Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,088 |
| Total Program Service Revenue | $10,929 |
| Membership dues | $2,530 |
| Investment income | $328 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,998 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $938 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $684 |
| Printing, publications, postage, and shipping | $2,596 |
| Other expenses | $12,834 |
| Total expenses | $17,052 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,490 |
| Other assets | $0 |
| Total assets | $76,120 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,120 |