AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC (EIN 61-6029614)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-02-26
IRS object ID: 202030579349300208
Schema version: 2019v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-02-26T10:07:06-06:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	453048812	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BESTEN & DIERUF PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	190 MARKET STREET	AddressLine1Txt
City	LEXINGTON	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40507	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	616029614	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	AMERICAN SADDLE HORSE MUSEUM ASSOCIATION	BusinessNameLine1Txt
Business Name Line2	INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	AMER	BusinessNameControlTxt
Phone	8592592746	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4083 IRON WORKS PARKWAY	AddressLine1Txt
City	LEXINGTON	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40511	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JENNIFER K FOSTER	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	8592592746	PhoneNum
Signature	2020-02-25	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ANDREW H DIERUF CPA	PreparerPersonNm
PTIN	P01239897	PTIN
Phone	8592544427	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	64.191.147.122	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-02-25	IPDt
IP Tm	16:04:41	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	6A84044BE34EB78F8FB3C58FF38ADF947BE0C32C	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2020-09-23 17:36:50Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JENNIFER K FOSTER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4083 IRON WORKS PRKWY	AddressLine1Txt
City	LEXINGTON	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40511	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,919,682	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.ASBMUSEUM.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1962	FormationYr
Legal Domicile State	KY	LegalDomicileStateCd
Activity Or Mission	TO PRESERVE THE HISTORY OF THE AMERICAN SADDLEBRED HORSE FOR THE PURPOSE OF EDUCATION, PRESENTATION, DISPLAY AND DISSEMINATION OF SUCH RELATED INFORMATION.	ActivityOrMissionDesc
Voting Members Governing Body	18	VotingMembersGoverningBodyCnt
Voting Members Independent	18	VotingMembersIndependentCnt
Total Employee	16	TotalEmployeeCnt
Total Volunteers	50	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$520,792	PYContributionsGrantsAmt
CY Contributions Grants	$1,091,333	CYContributionsGrantsAmt
PY Program Service Revenue	$38,853	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,036	CYProgramServiceRevenueAmt
PY Investment Income	$78,961	PYInvestmentIncomeAmt
CY Investment Income	$71,886	CYInvestmentIncomeAmt
PY Other Revenue	$97,254	PYOtherRevenueAmt
CY Other Revenue	$207,722	CYOtherRevenueAmt
PY Total Revenue	$735,860	PYTotalRevenueAmt
CY Total Revenue	$1,372,977	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$304,704	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$327,518	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$387,034	PYOtherExpensesAmt
CY Other Expenses	$366,272	CYOtherExpensesAmt
PY Total Expenses	$691,738	PYTotalExpensesAmt
CY Total Expenses	$693,790	CYTotalExpensesAmt
PY Revenues Less Expenses	$44,122	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$679,187	CYRevenuesLessExpensesAmt
Total Assets BOY	$9,357,685	TotalAssetsBOYAmt
Total Assets EOY	$11,562,952	TotalAssetsEOYAmt
Total Liabilities BOY	$1,801,959	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,839,263	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$7,555,726	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$8,723,689	NetAssetsOrFundBalancesEOYAmt
Mission	TO PRESERVE THE TRADITIONS AND PROMOTE THE HERITAGE OF OUR BEAUTIFUL ATHLETIC HORSES, THROUGH ACTIVE ENGAGEMENT OF THE GENERAL PUBLIC AND EQUINE COMMUNITY BY EXPANDING INTEREST AND APPEAL IN OUR BREED.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$337,956	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$37,304	RevenueAmt
Desc	TO PRESERVE THE TRADITIONS AND PROMOTE THE HERITAGE OF OUR BEAUTIFUL ATHLETIC HORSES, THROUGH ACTIVE ENGAGEMENT OF THE GENERAL PUBLIC AND EQUINE COMMUNITY BY EXPANDING INTEREST AND APPEAL IN OUR BREED.	Desc
Total Program Service Expenses	$337,956	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	Yes (1)	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	14	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	16	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	18	GoverningBodyVotingMembersCnt
Independent Voting Member	18	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	KY	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8592592746	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4083 IRON WORKS PARKWAY	AddressLine1Txt
City	LEXINGTON	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40511	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
KEITH KURZ
PRESIDENT	3.00	Yes (X)	Yes (X)	$0	$0	$0
CANDI COVINO AVERSENTI
FIRST VICE PRESIDENT	2.00	Yes (X)	Yes (X)	$0	$0	$0
ALLEN BOSWORTH
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
DEBORAH BUTLER
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
ROB BYERS
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
CINDY CARCIONE
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
KATE HARVEY CODEANNE
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
DANNY CUMMINS
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
DONNA FINCH
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
JASON GERSHMAN
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
ELIZABETH GHAREEB
SECOND VICE PRESIDENT	2.00	Yes (X)	Yes (X)	$0	$0	$0
ASHLEY HALLOCK
SECRETARY	3.00	Yes (X)	Yes (X)	$0	$0	$0
MARY JANE GLASSCOCK KIRKPATRICK
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
TERRI KEARNEY
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
CAROL REEDY
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
MARK STRONG
TREASURER	5.00	Yes (X)	Yes (X)	$0	$0	$0
ELLEN SUSMAN
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
SUSAN SWOPE
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SOLID LIGHT INC	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	800 SOUTH FIFTH STREET	AddressLine1Txt
City	LOUISVILLE	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40203	ZIPCd

Field	Value	IRS element (for citing)
Services	MUSEUM RENOVATION	ServicesDesc
Compensation	$1,458,394	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
Membership Dues	$18,570	MembershipDuesAmt
All Other Contributions	$1,072,763	AllOtherContributionsAmt
Noncash Contributions	$6,580	NoncashContributionsAmt
Total Contributions	$1,091,333	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	ADMISSION CHARGES	Desc
Business	900099	BusinessCd
Total Revenue Column	$2,036	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,036	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,036	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$79,422	TotalRevenueColumnAmt
Exclusion	$79,422	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$65,157	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$65,157	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$65,157	TotalRevenueColumnAmt
Related Or Exempt Func Income	$65,157	RelatedOrExemptFuncIncomeAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$7,536	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$7,536	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$7,536	TotalRevenueColumnAmt
Exclusion	-$7,536	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$480,743	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$308,289	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$172,454	TotalRevenueColumnAmt
Exclusion	$172,454	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$16,970	GamingGrossIncomeAmt
Gaming Direct Expenses	$3,065	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,905	TotalRevenueColumnAmt
Related Or Exempt Func Income	$13,905	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$181,558	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$227,815	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$46,257	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$46,257	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS	Desc
Business	900099	BusinessCd
Total Revenue Column	$2,463	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,463	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$2,463	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,372,977	TotalRevenueColumnAmt
Related Or Exempt Func Income	$37,304	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$244,340	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$268,929	TotalAmt
Program Services	$66,293	ProgramServicesAmt
Management And General	$202,636	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$36,610	TotalAmt
Program Services	$11,977	ProgramServicesAmt
Management And General	$24,633	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$21,979	TotalAmt
Program Services	$5,071	ProgramServicesAmt
Management And General	$16,908	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$17,029	TotalAmt
Management And General	$17,029	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$15,270	TotalAmt
Management And General	$15,270	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$18,816	TotalAmt
Management And General	$18,816	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$19,356	TotalAmt
Management And General	$19,356	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$105	TotalAmt
Management And General	$105	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$186,865	TotalAmt
Program Services	$186,865	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$20,243	TotalAmt
Management And General	$20,243	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
REPAIRS AND MAINTENANCE	$27,342	$19,077	$8,265
UTILITIES	$24,126	$18,229	$5,897
RENOVATION EXPENSE	$23,054	$23,054
EXHIBIT MAINTENANCE	$7,390	$7,390

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,676	TotalAmt
Management And General	$6,676	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$693,790	TotalAmt
Program Services	$337,956	ProgramServicesAmt
Management And General	$355,834	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$201,356	BOYAmt
EOY	$392,190	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$109,380	BOYAmt
EOY	$309,985	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,729	BOYAmt
EOY	$12,236	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$67,602	BOYAmt
EOY	$70,094	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$11,798	BOYAmt
EOY	$12,894	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$10,116,315	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$3,641,840	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$5,068,203	BOYAmt
EOY	$6,474,475	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$2,763,271	BOYAmt
EOY	$3,151,752	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,133,346	BOYAmt
EOY	$1,139,326	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$9,357,685	BOYAmt
EOY	$11,562,952	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$40,054	BOYAmt
EOY	$35,473	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
EOY	$5,699	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$1,759,310	BOYAmt
EOY	$2,796,591	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,595	BOYAmt
EOY	$1,500	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,801,959	BOYAmt
EOY	$2,839,263	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,073,503	BOYAmt
EOY	$7,244,836	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,482,223	BOYAmt
EOY	$1,478,853	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,555,726	BOYAmt
EOY	$8,723,689	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$9,357,685	BOYAmt
EOY	$11,562,952	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$679,187	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$488,776	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$227,382	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$207,497	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$507,611	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$520,792	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,589,046	CurrentTaxYearAmt
Total	$3,052,328	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$227,382	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$207,497	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$507,611	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$520,792	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,589,046	CurrentTaxYearAmt
Total	$3,052,328	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$477,412	SubstantialContributorsTotAmt
Public Support Total170	$2,574,916	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$71,822	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$76,665	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$79,390	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$78,961	CurrentTaxYearMinus1YearAmt
Current Tax Year	$144,579	CurrentTaxYearAmt
Total	$451,417	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$3,503,745	TotalSupportAmt
Gross Receipts Rltd Activities	$2,036	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.73490	PublicSupportCY170Pct
Public Support PY170	0.60840	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd
Solicited Assets Sale	Yes (1)	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,497,620	BeginningYearBalanceAmt
Contributions	$25,600	ContributionsAmt
Investment Earnings Or Losses	$340,821	InvestmentEarningsOrLossesAmt
End Year Balance	$1,864,041	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,525,520	BeginningYearBalanceAmt
Contributions	$24,676	ContributionsAmt
Investment Earnings Or Losses	-$52,576	InvestmentEarningsOrLossesAmt
End Year Balance	$1,497,620	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,507,918	BeginningYearBalanceAmt
Contributions	$24,969	ContributionsAmt
Investment Earnings Or Losses	$217,633	InvestmentEarningsOrLossesAmt
Other Expenditures	$225,000	OtherExpendituresAmt
End Year Balance	$1,525,520	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,319,358	BeginningYearBalanceAmt
Contributions	$40,945	ContributionsAmt
Investment Earnings Or Losses	$147,615	InvestmentEarningsOrLossesAmt
End Year Balance	$1,507,918	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,297,343	BeginningYearBalanceAmt
Contributions	$20,612	ContributionsAmt
Investment Earnings Or Losses	$1,403	InvestmentEarningsOrLossesAmt
End Year Balance	$1,319,358	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.81870	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.11140	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.06990	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,187,712	OtherCostOrOtherBasisAmt
Depreciation	$1,516,739	DepreciationAmt
Book Value	$2,670,973	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,573,255	OtherCostOrOtherBasisAmt
Depreciation	$2,125,101	DepreciationAmt
Book Value	$448,154	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,355,348	OtherCostOrOtherBasisAmt
Book Value	$3,355,348	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$6,474,475	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

Field	Value	IRS element (for citing)
Desc	COLLECTIONS	Desc
Book Value	$1,139,326	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$1,139,326	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	SCHOLARSHIPS PAYABLE	Desc
Amt	$1,500	Amt

Field	Value	IRS element (for citing)
Total Liability	$1,500	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$2,400,922	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$488,776	NetUnrealizedGainsInvstAmt
Other Revenue	$539,169	OtherRevenueAmt
Revenue Not Reported	$1,027,945	RevenueNotReportedAmt
Revenue Subtotal	$1,372,977	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,372,977	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,232,959	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$539,169	OtherExpensesIncludedAmt
Expenses Not Reported	$539,169	ExpensesNotReportedAmt
Expenses Subtotal	$693,790	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$693,790	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 4:	ITEMS DONATED TO THE MUSEUM ARE RECORDED AT MARKET VALUE AT THE DATE OF DONATION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AT COST IN THE YEAR OF ACQUISITION. ALL COLLECTION ITEMS ARE CONSIDERED BY THE MUSEUM TO BE DONOR RESTRICTED.
PART V, LINE 4:	ENDOWMENT FUNDS ARE INVESTED TO GENERATE EARNINGS WHICH CAN BE USED FOR PROGRAMS AND EXHIBITS FOR THE MUSEUM.
PART X, LINE 2:	THE MUSEUM DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS OR POSSIBLE RELATED INTEREST OR PENALTIES. THE MUSEUM'S FEDERAL EXEMPT INFORMATION RETURN (FORM 990) FOR THE YEARS ENDED 2019, 2018, AND 2017 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS SOLD 227,815. SPECIAL EVENTS FUNDRAISING EXPENSES 311,354.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS SOLDS 227,815. SPECIAL EVENT FUNDRAISING EXPENSES 311,354.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	KENTUCKY STATE FAIR	Event1Nm
Gross Receipts Event1	$213,309	GrossReceiptsEvent1Amt
Gross Revenue Event1	$213,309	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$98,025	OtherDirectExpensesEvent1Amt
Event2	ART AUCTION	Event2Nm
Gross Receipts Event2	$140,928	GrossReceiptsEvent2Amt
Gross Revenue Event2	$140,928	GrossRevenueEvent2Amt
Other Direct Expenses Event2	$123,298	OtherDirectExpensesEvent2Amt
Other Events Total	3	OtherEventsTotalCnt
Gross Receipts Other Events	$126,506	GrossReceiptsOtherEventsAmt
Gross Revenue Other Events	$126,506	GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events	$86,966	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$480,743	GrossReceiptsTotalAmt
Gross Revenue Total Events	$480,743	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$308,289	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$308,289	DirectExpenseSummaryEventsAmt
Net Income Summary	$172,454	NetIncomeSummaryAmt

Gaming Information GamingInformationGrp

Field	Value	IRS element (for citing)
Gross Revenue Other Gaming	$16,970	GrossRevenueOtherGamingAmt
Oth Direct Expnss Other Gaming	$3,065	OthDirectExpnssOtherGamingAmt
Volunteer Labor Other Gaming	0	VolunteerLaborOtherGamingInd
Gross Revenue Total Gaming	$16,970	GrossRevenueTotalGamingAmt
Oth Direct Expnss Total Gaming	$3,065	OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming	$3,065	DirectExpenseSummaryGamingAmt
Net Gaming Income Summary	$13,905	NetGamingIncomeSummaryAmt

Field	Value	IRS element (for citing)
States Where Gaming Conducted	KY	StatesWhereGamingConductedCd
Licensed	Yes (1)	LicensedInd
License Suspended Etc	0	LicenseSuspendedEtcInd
Gaming With Nonmembers	Yes (1)	GamingWithNonmembersInd
Member Of Other Entity	0	MemberOfOtherEntityInd
Gaming Other Facility	1.00000	GamingOtherFacilityPct

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	AMERICAN SADDLE HORSE MUSEUM ASSOCIATION INC	BusinessNameLine1Txt

Persons With Books US Address PersonsWithBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	4083 IRON WORKS PARKWAY	AddressLine1Txt
City	LEXINGTON	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40511	ZIPCd

Field	Value	IRS element (for citing)
Cntrct With3rd Prty For Game Rev	0	CntrctWith3rdPrtyForGameRevInd
Gaming Manager Person	JENNIFER FOSTER	GamingManagerPersonNm
Gaming Manager Services Prov	INDIVIDUAL IS THE ORGANIZATION'S EXECUTIVE DIRECTOR AND IS ALSO IN CHARGE OF GAMING ACTIVITIES.	GamingManagerServicesProvTxt
Gaming Manager Is Director Ofcr	Yes (X)	GamingManagerIsDirectorOfcrInd
Charitable Distribution Rqr	0	CharitableDistributionRqrInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	3	ContributionCnt
Noncash Contributions Rpt F990	$3,400	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Art Historical Treasures ArtHistoricalTreasuresGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	84	ContributionCnt
Noncash Contributions Rpt F990	$3,100	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$80	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 7A	TRUSTEES ARE ELECTED AS FOLLOWS: A NOMINATING COMMITTEE (COMPOSED OF 2 TRUSTEES AND 1 MEMBER AT LARGE) SELECT THE SLATE WHICH IS VOTED ON BY THE MEMBERSHIP. MEMBERS MAY ALSO NOMINATE CANDIDATES FROM THE FLOOR.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 IS REVIEWED BY THE TREASURER OF THE BOARD OF TRUSTEES AND BY THE EXECUTIVE DIRECTOR OF THE ORGANIZATION. A COPY OF FORM 990 IS MADE AVAILABLE TO MEMBERS OF THE BOARD OF TRUSTEES ON REQUEST.
FORM 990, PART VI, SECTION B, LINE 12C	CHANGES TO CONFLICT OF INTEREST DISCLOSURES ARE REQUESTED AT EACH BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 15	THE EXECUTIVE DIRECTOR'S PERFORMANCE, SALARY AND BENEFITS PACKAGE ARE REVIEWD ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH HAS ACCESS TO COMPARABLE DATA. THE EXECUTIVE DIRECTOR REVIEWS THE PERFORMANCE OF OTHER KEY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19	THE MUSEUM'S FORM 990 IS AVAILABLE ON THE INTERNET AT GUIDESTAR.ORG. ALL GOVERNANCE DOCUMENTS ARE AT THE ASSOCIATION'S OFFICE AND ARE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C	NO CHANGE FROM PRIOR YEAR