GOSHEN, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HARNESS RACING MUSEUM AND HALL OF FAME, founded in 1951, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $419K, a strong 25% operating margin.
THE HARNESS RACING MUSEUM & HALL OF FAME IS DEDICATED TO COMPREHENSIVE, ACTIVE AND AUTHORITATIVE SUPPORT AND PROMOTION OF THE STANDARDBRED RACING THROUGH DOCUMENTATION AND PRESERVATION OF THE HISTORY AND TRADITIONS OF THIS AMERICAN-BORN SPORT. IT WILL ALSO CONTINUE TO AUGMENT EXISTING COLLECTIONS AND PROVIDE EXTENSIVE RESEARCH, EDUCATIONAL PROGRAMMING AND EXCITING EXHIBITRY TO EXPAND HARNESS RACING'S INTEREST APPEAL, BOTH NATIONALLY AND INTERNATIONALLY, TO ASSURE AN INFORMED AUDIENCE AND A SUCCESSFUL FUTURE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,685,299 | $1,399,590 | +0.2% |
| Expenses | $1,266,443 | $1,172,288 | +0.1% |
| Net Income | $418,856 | $227,302 | +0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MAX J HEMPT | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| SETH ROSENFELD | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEPHEN E OLDFORD | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATHY PARKER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRANK ANTONACCI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT M BONI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH CALDWELL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN D CAMPBELL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS A CHARTERS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LAWRENCE S DEVAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN M EGLOFF DVM | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAY E FARRAR | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ELBRIDGE T GERRY JR | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THEODORE GEWERTZ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROGER E HUSTON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE JONES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARVIN KATZ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KARYN MALINOWSKI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID H MCDUFFEE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID P REID | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES W SIMPSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MITCHEL SKOLNICK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JIMMY W TAKTER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RUSSELL C WILLIAMS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JANET T TERHUNE | DIRECTOR | 40.00 |
Officer
|
$126,232 | $30,500 | $156,732 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,685,299 | $1,266,443 | $9,491,621 | $418,856 |
| 2024 | $1,399,590 | $1,172,288 | $9,028,157 | $227,302 |
| 2023 | $1,027,321 | $1,203,866 | $8,452,991 | $-176,545 |
| 2022 | $1,869,206 | $995,910 | $8,348,787 | $873,296 |
| 2021 | $1,122,521 | $1,067,316 | $9,049,795 | $55,205 |
| 2020 | $1,206,732 | $1,229,024 | $7,297,601 | $-22,292 |
| 2019 | $1,059,661 | $1,142,243 | $7,851,015 | $-82,582 |
Compare HARNESS RACING MUSEUM AND HALL OF FAME with other nonprofits in New York and across the country.