Virginia Horse Shows Assoc Inc
- Assets
- $199.1k
- Revenue
- $416.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Warrenton, VA
- Founding
- 12/1990
- Data as of
- 11/2022
- EIN
- 54-0473941
Organization Overview
Virginia Horse Shows Assoc Inc is located in Warrenton, VA. The organization was established in 1990. According to its NTEE Classification (D60) the organization is classified as: Animal Services N.E.C., under the broad grouping of Animal-Related and related organizations. As of 11/2022, Virginia Horse Shows Assoc Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Horse Shows Assoc Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 11/2022, Virginia Horse Shows Assoc Inc generated $416.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $354.0k during the year ending 11/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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
THE VHSA IS AN ASSOCIATION OF SHOW AND INDIVIDUAL MEMBERS COOPERATING TO PROMOTE THE SPORT AND TO IMPROVE THE BREEDING OF HORSES IN THE COMMONWEALTH OF VIRGINIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSOCIATION HORSE SHOWS AND SANCTIONED CLASSES. MEMBERS' ANNUAL MEETING AND CLINICS. YEARBOOK-MEMBERSHIP LISITNG, SHOW LISTING, CLANDER OF EVENTS AND LIST OF CHAMPIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oliver Brown Vice-President | OfficerTrustee | 1 | $0 |
Walter J Lee President | OfficerTrustee | 1 | $0 |
Wendy Mathews Treasurer | OfficerTrustee | 1 | $0 |
Nancy Peterson Secretary | OfficerTrustee | 1 | $0 |
Claiborne Bishop Director | Trustee | 1 | $0 |
Diana Dodge Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $100,573 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,573 |
| Total Program Service Revenue | $315,577 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $416,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,380 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,504 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57 |
| Advertising and promotion | $0 |
| Office expenses | $28,377 |
| Information technology | $6,422 |
| Royalties | $0 |
| Occupancy | $19,248 |
| Travel | $4,248 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,146 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,129 |
| All other expenses | $2,973 |
| Total functional expenses | $354,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,115 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $199,115 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,914 |
| Total liabilities | $2,914 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $196,201 |
| Total liabilities and net assets/fund balances | $199,115 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Virginia Horse Shows Assoc Inc has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Hazelwild Farm Educational Foundation Fredericksburg, VA PURPOSE: GENERAL CHARITABLE DONATION | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Breeders Cup Limited Lexington, KY | $117,837,245 | $60,542,303 |
Retired Racehorse Project Ltd Edgewater, MD | $355,502 | $1,166,766 |
Thoroughbred Owners And Breeders Association Inc Lexington, KY | $3,840,044 | $1,423,625 |
Kentucky Thoroughbred Owners And Breeders Inc Lexington, KY | $2,411,831 | $1,040,440 |
Tennessee Reining Horse Association Speedwell, TN | $77,354 | $452,735 |
Eyes Ears Nose And Paws Inc Chapel Hill, NC | $483,335 | $392,148 |
Virginia Horse Shows Assoc Inc Warrenton, VA | $199,115 | $416,551 |
Mercer County Fair & Horse Show Inc Harrodsburg, KY | $196,569 | $331,638 |
Central Kentucky Reining Horse Association Inc Fairdale, KY | $152,423 | $335,218 |
Salisbury Md Kennel Club Inc Salisbury, MD | $464,414 | $262,686 |
Healing Angels Organization Concord, NC | -$3,462 | $228,303 |
Ohana Preservation Foundation Aldie, VA | $226,715 | $383,211 |