Public Charity

Mustang Heritage Foundation

Mustang Heritage Foundation is a nonprofit organization categorized as Public Charity based in Nashville, TN. Its most recent IRS filing (2024) reports revenue of $483K, expenses of $1.3M, total assets of $2.3M. Imperigo tracks 12 reported grant relationships connected to this organization totaling approximately $467K.

EIN: 880512149 Nashville, TN Latest filing: 2024
Total Revenue$483K
Total Expenses$1.3M
Total Assets$2.3M
Grant Records12
Funding Total$467K
Filing Years2020–2024

Mission

The Mustang Heritage Foundation works to ensure the successful private placement of excess wild horses and burros removed from public lands so future generations can enjoy this distinctive feature of our American heritage.

Officers & Directors

Trustee Bf Yeates
Interim Executive Director Cary Scholtes
CEO Clinton Shultz
Chair Devin O Day
Trustee Fred Woehl
Chair Gary Holt

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$369,171 5 grants
GENERAL SUPPORT
$40,147 1 grant
General Charitable Purposes
$25,000 1 grant
Animals
$18,366 3 grants
Unrestricted
$13,881 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $483K $1.3M $2.3M
2023 $5.2M $4.8M $3.3M
2022 $6.8M $5.9M $2.8M
2021 $5.4M $5.2M $2.2M
2020 $4.1M $3.9M $2.0M

Between 2020 and 2024, reported annual revenue declined from $4.1M to $483K (-88%), with total assets most recently reported at $2.3M.

Interactive year-over-year charts and full filing details available with membership.

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