2022-07-25T16:24:13-05:00 2021-12-31 161092347 MENGEL METZGER BARR & CO LLP 333 EAST WATER ST STE 200 ELMIRA NY 14901 990 2021-01-01 161572964 WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC WATK 6075359044 610 S DECATUR ST WATKINS GLEN NY 14891 JOHN R SAUNDERS CHAIRMAN 6075359044 2022-06-29 1 JOHN SAUNDERS 999009999 KATHERINE E STICKLER CPA P00385238 6077344183 2022-06-29 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JOHN R SAUNDERS 610 S DECATUR ST WATKINS GLEN NY 14891 1996487 0 X WWW.RACINGARCHIVES.ORG X 1999 NY THE INTERNATIONAL MOTOR RACING RESEARCH CENTER COLLECTS, SHARES AND PRESERVES THE HISTORY OF MOTORSPORTS. SPANNING CONTINENTS, ERAS AND RACE SERIES, THE CENTER'S COLLECTION EMBODIES THE SPEED, DRAMA AND CAMARADERIE OF AMATEUR AND PROFESSIONAL MOTOR RACING THROUGHOUT THE WORLD. THE CENTER WELCOMES SERIOUS RESEARCHERS AND THE CASUAL FANS ALIKE TO SHARE STORIES OF RACE DRIVERS, RACE SERIES, AND RACE CARS CAPTURED ON OUR SHELVES AND WALLS, AND BROUGHT TO LIFE THROUGH A REGULAR CALENDAR OF PUBLIC LECTURES AND SPECIAL EVENTS. THE CENTER'S COLLECTION DOCUMENTS THE HISTORY OF RACING IN THE MORE THAN 4000 BOOKS OR 250 DIFFERENT MOTORSPORTS MAGAZINES AND NEWSPAPERS TITLES; CLUB AND SANCTIONING BODY RECORDS; RACE RESULTS, PROGRAMS AND POSTERS; PAPERS OF MOTORSPORTS JOURNALISTS AND SCHOLARS; CORRESPONDENCE OF RACE ORGANIZERS; AND STILL AND MOVING IMAGES HOUSED ONSITE AND IN OUR EXPANDING OFFSITE COLLECTIONS STORAGE FACILITIES. ITS KNOWLEDGEABLE RESEARCH AND ARCHIVES STAFF ASSISTS HUNDRE 15 15 11 20 0 0 621907 828124 4387 21332 148477 357501 19604 6108 794375 1213065 0 0 0 0 355095 342662 0 0 300119 362740 464315 717835 806977 76540 406088 4874605 5496575 161082 42177 4713523 5454398 X THE INTERNATIONAL MOTOR RACING RESEARCH CENTER COLLECTS, SHARES AND PRESERVES THE HISTORY OF MOTORSPORTS. SPANNING CONTINENTS, ERAS AND RACE SERIES, THE CENTER'S COLLECTION EMBODIES THE SPEED, DRAMA AND CAMARADERIE OF AMATEUR AND PROFESSIONAL MOTOR RACING THROUGHOUT THE WORLD. THE CENTER WELCOMES SERIOUS RESEARCHERS AND THE CASUAL FANS ALIKE TO SHARE STORIES OF RACE DRIVERS, RACE SERIES, AND RACE CARS CAPTURED ON OUR SHELVES AND WALLS, AND BROUGHT TO LIFE THROUGH A REGULAR CALENDAR OF PUBLIC LECTURES AND SPECIAL EVENTS. THE CENTER'S COLLECTION DOCUMENTS THE HISTORY OF RACING IN THE MORE THAN 4000 BOOKS OR 250 DIFFERENT MOTORSPORTS MAGAZINES AND NEWSPAPERS TITLES; CLUB AND SANCTIONING BODY RECORDS; RACE RESULTS, PROGRAMS AND POSTERS; PAPERS OF MOTORSPORTS JOURNALISTS AND SCHOLARS; CORRESPONDENCE OF RACE ORGANIZERS; AND STILL AND MOVING IMAGES HOUSED ONSITE AND IN OUR EXPANDING OFFSITE COLLECTIONS STORAGE FACILITIES. ITS KNOWLEDGEABLE RESEARCH AND ARCHIVES STAFF ASSISTS HUNDRE 0 0 236989 21332 A VALUABLE COLLECTION OF RESEARCH AND ARCHIVAL MATERIALS DOCUMENTING THE HISTORY OF MOTORSPORTS ARE ACQUIRED THROUGH DONATION AND MAINTAINED AS A RESOURCE FOR THE RACING COMMUNITY AND THE GENERAL PUBLIC. THE CENTER SERVES AS THE CUSTODIAN OF THE ARCHIVES OF THE SPORTS CAR CLUB OF AMERICA, THE LARGEST CLUB FOR AUTOMOBILE RACING IN THE UNITED STATES. IT SHARES ITS HISTORICAL COLLECTIONS THROUGH AN ACTIVE RESEARCH AND REFERENCE SERVICES PROGRAM, PUBLIC EVENTS, AND EXHIBITIONS AS WELL AS ONLINE UTILIZING ITS WEBSITE, SOCIAL MEDIA PLATFORMS, AND ELECTRONIC PUBLICATIONS. 236989 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 4 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 NY X X X THE ORGANIZATION 6075359044 610 S DECATUR ST WATKINS GLEN NY 14891 MARK STEIGERWALD EXECUTIVE DIRECTOR 40.00 X 8654 0 0 DANIEL G DERUSHA EXECUTIVE DIRECTOR THROUGH JUNE 2021 40.00 X 26211 0 12350 JOHN R SAUNDERS CHAIRMAN 0.50 X X 0 0 0 LARRY KESSLER VICE CHAIRMAN 0.50 X X 0 0 0 SCOTT WELLIVER TREASURER 0.50 X X 0 0 0 BILL BRANSON TRUSTEE 0.50 X 0 0 0 DAWN BURLEW TRUSTEE 0.50 X 0 0 0 NICHOLAS CRAW TRUSTEE 0.50 X 0 0 0 EVAN FAY EARLE TRUSTEE 0.50 X 0 0 0 GREGORY G GALDI TRUSTEE 0.50 X 0 0 0 JOHN CGORSLINE TRUSTEE 0.50 X 0 0 0 PHIL HENDERSON TRUSTEE 0.50 X 0 0 0 ROBERT M NEWMAN JR TRUSTEE 0.50 X 0 0 0 MICHAEL PRINTUP TRUSTEE 0.50 X 0 0 0 ARCHIE URCIUOLI TRUSTEE 0.50 X 0 0 0 DINAH GUELDENPFENNIG WEISBERG TRUSTEE 0.50 X 0 0 0 CHIP WILE TRUSTEE 0.50 X 0 0 0 34865 0 12350 0 0 0 0 0 99885 77392 119500 531347 828124 OTHER 900099 13789 13789 RESEARCH SERVICES 900099 7543 7543 21332 129688 129688 980948 753135 227813 227813 227813 19440 77392 30287 -10847 -10847 EMPLOYEE RETENTION CRE 900099 16955 16955 16955 1213065 38287 0 346654 47215 18886 28329 258701 162252 54695 41754 11728 3664 4844 3220 25018 13827 5850 5341 17068 17068 39478 39478 55849 55849 22156 619 21537 36005 35965 40 21424 3795 7835 9794 35354 31989 3365 580 580 1042 732 310 SWEEPSTAKES SOLICITATIO 158910 158910 SWEEPSTAKES PRIZE 50000 50000 COLLECTION EXPENSES 16827 16827 RETAIL SALES 5907 3284 2623 3715 984 2731 806977 236989 269869 300119 148271 92087 12262 13792 3000 12449 15305 147778 96881 51939 50897 4646684 5324494 4874605 5496575 103182 37848 4329 57900 161082 42177 X 2691526 3430087 2021997 2024311 4713523 5454398 4874605 5496575 406088 334787 0 X X 0 1 X 1 0 X 212082 638118 434981 621907 828124 2735212 212082 638118 434981 621907 828124 2735212 270464 2464748 151355 63748 105241 106974 129688 557006 3292218 49105 0.74870 0.70580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 4646684 25000 652810 5324494 4305155 81263 330266 70000 4646684 3739567 663588 98000 4305155 0 0 50000 50000 45560 44663 897 52218 52218 0 50897 X 1493737 334787 18526 16837 370150 1123587 39478 50000 89478 1213065 752862 18526 16837 35363 717499 39478 50000 89478 806977 PART III, LINE 1A: THE COUNCIL'S COLLECTIONS ARE HELD FOR EDUCATION, RESEARCH, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH CONTRIBUTIONS SINCE THE COUNCIL'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS OR REVENUE IN THE FINANCIAL STATEMENTS. PART V, LINE 4: THE ORGANIZATION HAS A BUILDING ENDOWMENT FUND AS WELL AS AN ENDOWMENT TO SUPPORT OPERATIONS. PRIOR YEAR INFORMATION FOR PART V IS NOT AVAILABLE. PART X, LINE 2: THE COUNCIL IS A NON-PROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS. THE COUNCIL HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE VARIOUS JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. THE COUNCIL FILES A FORM 990 TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND IN NEW YORK STATE. WITH FEW EXCEPTIONS, AS OF DECEMBER 31, 2021, THE COUNCIL IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED PRIOR TO DECEMBER 31, 2018. THE TAX RETURNS FOR YEARS ENDED DECEMBER 31, 2018 THROUGH DECEMBER 31, 2021ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS AND TAXING AUTHORITIES IN NEW YORK STATE. MANAGEMENT OF THE COUNCIL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 16,837. PART XI, LINE 4B - OTHER ADJUSTMENTS: SWEEPSTAKES PRIZE COST NETTED WITH REVENUE IN FINANCIAL STATEMENTS 50,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 16,837. PART XII, LINE 4B - OTHER ADJUSTMENTS: SWEEPSTAKES PRIZE COST NETTED WITH REVENUE IN FINANCIAL STATEMENTS 50,000. CRA AWARD DINNER 96832 77392 19440 13450 16837 96832 77392 19440 13450 16837 30287 -10847 X 0 X 0 X 14 0 X GRAPHIC MATERIALS 25 0 0 1 0 PART I, LINE 33: THE COUNCIL'S COLLECTIONS ARE HELD FOR EDUCATION, RESEARCH, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH CONTRIBUTIONS SINCE THE COUNCIL'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS OR REVENUE IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS A COPY OF THE FORM 990 BEFORE FILING FORM 990, PART VI, SECTION B, LINE 12C A GOVERNING COUNCIL MEMBER, OFFICER OR KEY STAFF MEMBER SHALL DISCLOSE A CONFLICT OF INTEREST ON THE ORGANIZATION'S CONFLICT OF INTEREST STATEMENT FORM ANNUALLY OR UPON KNOWN CONFLICT TO THE GOVERNING COUNCIL CHAIRMAN AND SECRETARY FORM 990, PART VI, SECTION B, LINE 15A A CONSULTING FIRM WAS USED FOR ADVISE ON DIRECTOR COMPENSATION DURING THE DIRECTOR EMPLOYMENT SEARCH. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENT AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 2C THE PROCESS FOR AUDIT OVERSIGHT AND AUDITOR SELECTION HAS NOT CHANGED FROM THE PRIOR YEAR.