Maryland Horse Industry Foundation

Organization Overview

Maryland Horse Industry Foundation is located in Reisterstown, MD. The organization was established in 1990. According to its NTEE Classification (D03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland Horse Industry Foundation 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 12/2021, Maryland Horse Industry Foundation generated $1.5m in total revenue. All expenses for the organization totaled $56.4k during the year ending 12/2021. While expenses have increased by 9.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO EDUCATE THE PUBLIC AND IMPROVE THE CONDITIONS OF THE EQUINE INDUSTRY THROUGHOUT THE STATE OF MARYLAND.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO EDUCATE THE PUBLIC AND IMPROVE THE CONDITIONS OF THE EQUINE INDUSTRY THROUGHOUT THE STATE OF MARYLAND. SEVERAL HUNDRED INDIVIDUALS ARE REACHED ON AN ANNUAL BASIS.


TO EDUCATE STUDENTS AND ASSIST IN THER EDUCATION COSTS BY PROVIDING SCHOLARSHIPS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,462,256
Noncash contributions included in lines 1a–1f $80,825
Total Revenue from Contributions, Gifts, Grants & Similar$1,462,256
Total Program Service Revenue$0
Investment income $57
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $57,138
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,519,451

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Maryland Horse Industry Foundation has recieved totaling $5,000.

Awarding OrganizationAmount
Brown Family Foundation Inc

Butler, MD

PURPOSE: UNRESTRICTED

$5,000
View Grant Recipient Profile

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