Form 990 for tax year 2022

1f · All other contributions, gifts and grants

$678,325

1g · Noncash contributions included above

$159,237

2a · Program service revenue: RACE ENTRY FEES

total $3,096,770 · related or exempt $3,096,770

2b · Program service revenue: RACE OTHER INCOME

total $237,455 · related or exempt $237,455

3 · Investment income

total $38,160 · excluded $38,160

7a · Gross sales of assets other than inventory

securities $4,524

7b · Less cost or other basis and sales expenses

securities $0 · other assets $10,460

7c · Gain or loss

securities $4,524 · other assets -$10,460

7d · Net gain or loss

total -$5,936 · excluded -$5,936

10a · Gross sales of inventory

$190,926

10b · Cost of goods sold

$26,343

10c · Net income from sales of inventory

total $164,583 · related or exempt $164,583

1 · Grants to domestic organizations and governments

total $430,435 · program services $430,435

5 · Compensation of officers, directors and key employees

total $253,841 · program services $152,305 · management and general $50,768 · fundraising $50,768

7 · Other salaries and wages

total $54,641 · program services $32,783 · management and general $10,929 · fundraising $10,929

9 · Other employee benefits

total $718 · program services $430 · management and general $144 · fundraising $144

10 · Payroll taxes

total $22,886 · program services $13,732 · management and general $4,577 · fundraising $4,577

11c · Fees: accounting

total $60,421 · program services $60,421

11g · Fees: other

total $1,992 · program services $1,992

12 · Advertising and promotion

total $124,920 · program services $124,920

13 · Office expenses

total $46,401 · program services $23,201 · management and general $22,548 · fundraising $652

14 · Information technology

total $116,779 · program services $111,507 · management and general $5,272

16 · Occupancy

total $92,775 · program services $92,775

17 · Travel

total $11,186 · program services $4,807 · management and general $5,200 · fundraising $1,179

19 · Conferences, conventions and meetings

total $4,270 · program services $4,270

20 · Interest

total $7,753 · management and general $7,753

22 · Depreciation, depletion and amortization

total $13,686 · program services $13,686

23 · Insurance

total $10,768 · program services $3,230 · management and general $7,538

24a · Other expenses: RACE OPERATIONS

total $955,387 · program services $955,387

24b · Other expenses: EQUIPMENT RENTAL

total $257,148 · program services $257,148

24c · Other expenses: TRANSPORTATION AND PARK

total $235,247 · program services $235,247

24d · Other expenses: RACE SECURITY COSTS

total $214,612 · program services $214,612

24e · All other expenses

total $628,410 · program services $628,410

1 · Cash, non-interest-bearing

beginning of year $699,005 · end of year $1,901,215

2 · Savings and temporary cash investments

beginning of year $500,023 · end of year $42,337

4 · Accounts receivable

beginning of year $7,089 · end of year $60,606

8 · Inventories for sale or use

beginning of year $61,969 · end of year $64,290

9 · Prepaid expenses and deferred charges

beginning of year $37,534 · end of year $75,660

10a · Land, buildings and equipment: cost or other basis

$109,837

10b · Land, buildings and equipment: accumulated depreciation

$81,090

10c · Land, buildings and equipment, net

beginning of year $51,794 · end of year $28,747

11 · Investments: publicly traded securities

beginning of year $2,095,618 · end of year $1,988,196

15 · Other assets

beginning of year $82,912 · end of year $42,954

17 · Accounts payable and accrued expenses

beginning of year $17,540 · end of year $62,963

18 · Grants payable

beginning of year $13,310 · end of year $108,960

19 · Deferred revenue

beginning of year $2,277,147 · end of year $2,534,045

25 · Other liabilities

beginning of year $247,968 · end of year $4,662

27 · Net assets without donor restrictions

beginning of year $958,207 · end of year $1,471,603

28 · Net assets with donor restrictions

beginning of year $21,772 · end of year $21,772