Overview
What is American Saddle Horse Museum Association Inc?
American Saddle Horse Museum Association Inc, a nonprofit based in Lexington, Kentucky, is dedicated to preserving the rich heritage and traditions of the American Saddlebred horse breed. With a focus on education, presentation, and dissemination of related information, they aim to expand interest and appeal in their breed. Operating with a team of 18 individuals, their mission is to actively engage the general public and equine community, fostering a deeper appreciation for these athletic horses. The association's activities are geared towards promoting their heritage and history, ensuring the legacy of the American Saddlebred remains a vibrant part of equine culture.
Official website here: www.asbmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48%, Zero-Star out of Four Star rating.
The American Saddle Horse Museum Association Inc has received a low rating primarily due to its Accountability and Finance score, which stands at 48%. While the organization has a strong governance structure with an independent board and appropriate financial oversight, its financial metrics raise concerns. Specifically, the program expense ratio is relatively low, indicating that less than half of its expenses are directed towards its mission-related activities.
The organization has positive attributes such as a majority-independent board and comprehensive financial statements. However, it lacks certain essential policies, including a whistleblower policy and document retention protocols, which negatively impact its overall accountability. The absence of these policies can be a significant limitation for transparency and operational integrity.
Overall, while the American Saddle Horse Museum Association demonstrates strengths in governance and financial integrity, fundamental issues in its financial allocations and missing policies contribute to its low rating. Potential donors and stakeholders may need to consider these factors when evaluating the organization's effectiveness and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about American Saddle Horse Museum Association Inc?
94% of 59 reviewers on Facebook recommend the American Saddle Horse Museum Association Inc. Here is a summary of their reviews:
Visitors commend the museum for its beautiful architecture and the wealth of information it provides about saddle horses. Many express that one does not need to own or have prior experience with saddlebreds to appreciate the exhibits and educational resources available.
Overall, supporters find the museum to be engaging and informative, highlighting its value in promoting awareness and appreciation for the saddle horse breed. The positive sentiment reflects a strong endorsement of the museum's mission and offerings.
This AI summary has been generated from reviews found on Facebook.
Is American Saddle Horse Museum Association Inc legitimate?
American Saddle Horse Museum Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Saddle Horse Museum Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $272,689
For more financial information, click here
Official website here: www.asbmuseum.org
What is the mission statement of American Saddle Horse Museum Association Inc?
The American Saddle Horse Museum Association Inc's mission is centered around preserving the history of the American Saddlebred horse. This is done with the intention of educating the public and disseminating related information. The association aims to preserve the traditions and promote the heritage of these athletic horses, engaging both the general public and the equine community to expand interest and appreciation for the breed. Their goal is to foster active involvement, thereby ensuring the continued significance and admiration of the American Saddlebred horse.
Official website here: www.asbmuseum.org
Who is the CEO of American Saddle Horse Museum Association Inc?
Jennifer K Foster is the Board Member of American Saddle Horse Museum Association Inc.
Official website here: www.asbmuseum.org
What is the revenue of American Saddle Horse Museum Association Inc?
American Saddle Horse Museum Association Inc's revenue in 2022 was $593,426.
Official website here: www.asbmuseum.org
Who are the executives of American Saddle Horse Museum Association Inc and what are their salaries?
The average compensation at American Saddle Horse Museum Association Inc during 2022 was $15,149. There are 18 employees and 10 volunteers at American Saddle Horse Museum Association Inc.
Here are 19 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.asbmuseum.org
Where can I find the form 990 for American Saddle Horse Museum Association Inc?
American Saddle Horse Museum Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.asbmuseum.org
Learn more at the official website: www.asbmuseum.org
Mission Statement of American Saddle Horse Museum Association Inc
The American Saddle Horse Museum Association Inc is dedicated to preserving the history of the American Saddlebred horse. Their mission is to educate, present, display, and disseminate information related to this breed, with the aim of promoting its traditions and heritage. The organization actively engages with both the general public and equine community to expand interest and appeal in the breed, thereby promoting its beauty and athleticism.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The American Saddle Horse Museum Association Inc has a significant impact on preserving the history of the American Saddlebred horse for educational purposes. By actively engaging the general public and the equine community, the association promotes the heritage and traditions of these beautiful athletic horses. Through their work, they expand interest and appeal in the breed, contributing to the overall preservation and promotion of American Saddlebred horse culture.
This information is meant to be a general summary of American Saddle Horse Museum Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $34,820
- Program Service Revenue: $1,813
- Gross Receipts: $867,957
Assets and Liabilities:
- Total Assets: $9,830,638
- Total Liabilities: $201,613
- Net Assets: $9,629,025
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Admission Charges
Revenue
$1,813
Organization Details
Founding Year
1962
Phone
(859) 259-2746Principal Officer
Jennifer K Foster
Main Address
4083 Wing Commander Way 150, Lexington, KY, 40511
Website
www.asbmuseum.orgNTEE Category
Code: A500 - Arts
If you are a representative of American Saddle Horse Museum Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.