American Cutting Horse Association is located in Brenham, TX. The organization was established in 2000. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, American Cutting Horse Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Cutting Horse Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, American Cutting Horse Association generated $290.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $295.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 4 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
PROMOTION AND REGULATION OF THE SHOWING OF CUTTING HORSES AND PROMOTION OF BREEDING, TRAINING AND EXHIBITING CUTTING HORSES IN THE CONTEST ARENA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCED SHOW INCOME
3 DAY ACHA SHOW HELD IN BRENHAM, TX
AMERICAN CHAMPIONSHIP INCOME
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jana Lowe Vice President | OfficerTrustee | 2 | $0 |
Chris Woods Director | Trustee | 1 | $624 |
Lynn Glover President | OfficerTrustee | 2 | $1,666 |
Butch Lott Director | Trustee | 1 | $4,090 |
Billy Crenshaw Director | Trustee | 1 | $0 |
Terry Jones Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $11,982 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $12,735 |
All other contributions, gifts, grants, and similar amounts not included above | $26,650 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $51,367 |
Total Program Service Revenue | $234,228 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $5,040 |
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 | $221 |
Miscellaneous Revenue | $0 |
Total Revenue | $290,856 |
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. | $10,260 |
Compensation of current officers, directors, key employees. | $10,260 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,530 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $986 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,060 |
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 | $2,363 |
Advertising and promotion | $82 |
Office expenses | $3,399 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,800 |
Travel | $0 |
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 | $147 |
Insurance | $3,194 |
All other expenses | $8,791 |
Total functional expenses | $295,025 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $12,098 |
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 | $52 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $12,150 |
Accounts payable and accrued expenses | $662 |
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 | $0 |
Total liabilities | $662 |
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 | $11,488 |
Total liabilities and net assets/fund balances | $12,150 |