United States Dressage Federation Inc
- Assets
- $12.3m
- Revenue
- $5.7m
- Investments
- $46.7k
- Employees
- 30
- Location
- Lexington, KY
- Founding
- 06/1974
- Data as of
- 03/2022
- EIN
- 23-7373705
Organization Overview
United States Dressage Federation Inc is located in Lexington, KY. The organization was established in 1974. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 03/2022, United States Dressage Federation Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United States Dressage Federation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, United States Dressage Federation Inc generated $5.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $4.9m during the year ending 03/2022. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
USDF PROMOTES AND ENCOURAGES A HIGH STANDARD OF ACCOMPLISHMENT IN DRESSAGE THROUGHOUT THE UNITED STATES USDF IS; DEDICATED TO EDUCATION, RECOGNITION OF ACHIEVEMENT, AND OF DRESSAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE USDF PROMOTES AND ENCOURAGES A HIGH STANDARD OF ACCOMPLISHMENT IN DRESSAGE THROUGHOUT THE UNITED STATES PRIMARILY THROUGH EDUCATIONAL PROGRAMS INCLUDING: SEMINARS, CLINICS, FORUMS, ASSISTING REGIONAL ORGANIZATIONS AND COOPERATING WITH OTHER HORSE ORGANIZATIONS, AWARD PROGRAMS AND COMPETITION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephan Hienzsch Executive Di | Officer | 40 | $226,006 |
Margaret Freeman Secretary | OfficerTrustee | 1 | $0 |
Lorraine Musselman Treasurer | OfficerTrustee | 1 | $0 |
Kevin Reinig Vice Preside | OfficerTrustee | 1 | $0 |
George Williams President | OfficerTrustee | 1 | $0 |
Susan Bender Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $210,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $478,198 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $688,198 |
| Total Program Service Revenue | $4,546,813 |
| Investment income | $400,450 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,046 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $79,389 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,729,896 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,185 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $226,006 |
| Compensation of current officers, directors, key employees. | $226,006 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,334,150 |
| Pension plan accruals and contributions | $46,471 |
| Other employee benefits | $332,621 |
| Payroll taxes | $114,649 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,113 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $176,306 |
| Fees for services: Other | $244,198 |
| Advertising and promotion | $469,134 |
| Office expenses | $491,856 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,433 |
| Travel | $15,650 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $138,487 |
| Insurance | $0 |
| All other expenses | $2,986 |
| Total functional expenses | $4,851,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,104,590 |
| Savings and temporary cash investments | $655,396 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $77,003 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $128,076 |
| Prepaid expenses and deferred charges | $154,335 |
| Net Land, buildings, and equipment | $1,925,092 |
| Investments—publicly traded securities | $7,189,083 |
| Investments—other securities | $46,712 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,280,287 |
| Accounts payable and accrued expenses | $197,582 |
| Grants payable | $0 |
| Deferred revenue | $188,726 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $386,308 |
| Net assets without donor restrictions | $11,781,479 |
| Net assets with donor restrictions | $112,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,280,287 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that United States Dressage Federation Inc has recieved totaling $24,366.
| Awarding Organization | Amount |
|---|---|
Dressage Foundation Inc Lincoln, NE PURPOSE: PROVIDE FUNDING SUPPORT FOR USDF EDUCATIONAL PROGRAMS. | $15,600 |
Rowan T O Riley Family Foundation Wellesley, MA PURPOSE: SUPPORT | $5,000 |
The Lumpkin Family Foundation Mattoon, IL PURPOSE: CHARITABLE | $3,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $266 |
Endowment Analysis
| Beg. Balance | $4,096,033 |
| Earnings | $364,270 |
| Ending Balance | $4,460,303 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Horsemens Benevolent & Protective Assoc Inc Ohio Division Grove City, OH | $13,638,374 | $9,989,300 |
Virginia Horse Center Foundation Lexington, VA | $21,949,749 | $6,089,538 |
United States Dressage Federation Inc Lexington, KY | $12,280,287 | $5,729,896 |
Upperville Colt & Horse Show Inc Upperville, VA | $4,423,395 | $3,060,055 |
Interscholastic Equestrian Association Inc Chagrin Falls, OH | $1,821,708 | $2,864,631 |
National Horse Show Association Of America Ltd Lexington, KY | $1,577,659 | $2,858,029 |
Kentucky Horse Park Foundation Inc Lexington, KY | $11,891,530 | $2,119,028 |
Equestrian Events Inc Lexington, KY | $1,466,435 | $412,033 |
Pegasus Farm Hartville, OH | $3,046,238 | $1,440,332 |
Virginia Gold Cup Association Inc Warrenton, VA | $148,262 | $1,262,964 |
Kentucky Horsemans Benevolent And Protective Association Inc Louisville, KY | $2,025,353 | $1,522,291 |
United Professional Horsemens Foundation Lexington, KY | $2,711,001 | $1,019,249 |