Nonprofit · EIN 46-0401462
INSTITUTE OF RANGE & THE AMERICAN MUSTANG
Tax-exempt · HOT SPRINGS, SD 57747
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,533,497 | $2,464,553 | $68,944 | $7,065,100 | $11,378 | $7,053,722 |
| December 31, 2024 | 990 | $2,238,146 | $2,106,469 | $131,677 | $6,690,708 | $41,459 | $6,649,249 |
| December 31, 2023 | 990 | $1,655,620 | $2,294,307 | -$638,687 | $6,158,197 | $3,906 | $6,154,291 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,134,687
- of which government grants
- $16,741
- Program service revenue
- $58,924
- Investment income
- $281,801
- Net gain from sales of assets
- $227,325
- Net income from sales of inventory
- -$1,353
- Other revenue
- $58,085
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $36,000
- Other salaries and wages
- $304,345
- Salaries, compensation and benefits (total)
- $373,421
- Professional fundraising fees
- $0
- Accounting fees
- $31,642
- Occupancy
- $54,063
- Travel
- $6,412
- Depreciation
- $114,990
- Program services (functional)
- $2,073,760
- Management and general (functional)
- $316,631
- Fundraising (functional)
- $74,162
Balance sheet and other
- Total assets, start of year
- $6,690,708
- Total assets, end of year
- $7,065,100
- Total liabilities, end of year
- $11,378
- Net assets, end of year
- $7,053,722
- Land, buildings and equipment
- $2,410,489
- Net assets without donor restrictions
- $7,053,722
- Gross unrelated business income
- -$1,353
- Gross receipts
- $4,421,186
- Employees
- 21
- Volunteers
- 0
- Year formed
- 1988
- State of legal domicile
- SD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN WATT | PRESIDENT Trustee or director, Officer | 40 | $36,000 |
| RANDY WHITE | DIRECTOR Trustee or director | 2 | $0 |
| WENDY WATT-GOWAN | VP/TREASURER Trustee or director | 2 | $0 |
| ALICE REYNOLDS | SECRETARY Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN WATT | PRESIDENT Trustee or director, Officer | 40 | $30,000 |
| RANDY WHITE | DIRECTOR Trustee or director | 2 | $0 |
| WENDY WATT-GOWAN | VP/TREASURER Trustee or director | 2 | $0 |
| ALICE REYNOLDS | SECRETARY Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN WATT | PRESIDENT Trustee or director, Officer | 40 | $51,000 |
| RANDY WHITE | DIRECTOR Trustee or director | 2 | $0 |
| WENDY WATT-GOWAN | VP/TREASURER Trustee or director | 2 | $0 |
| ALICE REYNOLDS | SECRETARY Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 998, HOT SPRINGS, SD 57747-0998
- Principal officer (990 for 2025)
- SUSAN WATT, PO BOX 998, HOT SPRINGS, SD 577470998
- Signed the 990
- SUSAN WATT, PRESIDENT
- Phone
- (605) 745-5955
- Website
- WILDMUSTANGS.COM
- Return prepared by
- WMB2 LLP
Mission
PRESERVATION OF THE NATURAL RANGE AND MAINTENANCE OF A WILD HORSE SANCTUARY
Program accomplishments
- PROTECTING THE LAND AND PROVIDING A HAVEN OF HOPE FOR AMERICA'S WILD HORSES SINCE 1988Expenses $2,073,760 · revenue $400,163
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-0401462
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Animal-related (D340)
- Assets (IRS master file)
- $7,065,100
- Income (IRS master file)
- $4,421,186
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,533,497 | $2,464,553 | $7,065,100 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | $2,238,146 | $2,106,469 | $6,690,708 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,655,620 | $2,294,307 | $6,158,197 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $1,841,222 | $1,781,745 | $6,204,376 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-0401462).
Questions about INSTITUTE OF RANGE & THE AMERICAN MUSTANG
- What is the EIN of INSTITUTE OF RANGE & THE AMERICAN MUSTANG?
- The employer identification number (EIN) of INSTITUTE OF RANGE & THE AMERICAN MUSTANG is 46-0401462.
- Is INSTITUTE OF RANGE & THE AMERICAN MUSTANG tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to INSTITUTE OF RANGE & THE AMERICAN MUSTANG tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE OF RANGE & THE AMERICAN MUSTANG file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INSTITUTE OF RANGE & THE AMERICAN MUSTANG due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE OF RANGE & THE AMERICAN MUSTANG last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INSTITUTE OF RANGE & THE AMERICAN MUSTANG?
- The 990 for the year ended December 31, 2025 names SUSAN WATT.
- Who are the officers and directors of INSTITUTE OF RANGE & THE AMERICAN MUSTANG?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $36,000 (SUSAN WATT, PRESIDENT).
- How much revenue does INSTITUTE OF RANGE & THE AMERICAN MUSTANG have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,533,497, expenses of $2,464,553 and total assets of $7,065,100 at year end.
Other nonprofits in HOT SPRINGS
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- SAVE THEM ALL RESCUE SERVICES EIN 83-0663070 · last filed 990-EZ for 2025
- FALL RIVER HEALTH SERVICES EIN 46-0450523 · last filed 990 for 2024
- HOT SPRINGS AMBULANCE SERVICE INC EIN 46-0417845 · last filed 990 for 2025
- MAMMOTH SITE OF HOT SPRINGS SOUTH DAKOTA INC EIN 46-0337824 · last filed 990 for 2025
- BLACK HILLS PARKS AND FORESTS ASSOCIATION EIN 46-6017180 · last filed 990 for 2025
- WORLD FOSSIL FINDER MUSEUM EIN 88-1304321 · last filed 990 for 2025
- OMALLEY FOUNDATION EIN 36-4264521 · last filed 990-PF for 2026
All nonprofits in HOT SPRINGS · South Dakota · Animal-related