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Nonprofiteer
← AMERICAN PAINT HORSE ASSOCIATION

Form 990 for tax year 2023

Filed by AMERICAN PAINT HORSE ASSOCIATION.

Totals

Total revenue
$12,987,771
Total expenses
$12,814,983
Contributions and grants received
$2,571,478
Grants paid
$0
Program service revenue
$10,299,859
Investment income
$116,434
Other revenue
$0
Total assets, end of year
$25,937,773
Total liabilities, end of year
$4,930,658
Net assets or fund balances, end of year
$21,007,115
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$12,173,409

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $2,337,687

  • 1e · Government grants (contributions)

    $233,791

  • 2a · Program service revenue: APHA WORLD SHOW

    total $3,381,249 · excluded $3,381,249

  • 2b · Program service revenue: REGISTRATION

    total $3,167,026 · related or exempt $3,167,026

  • 2c · Program service revenue: HALTER MILLION

    total $963,452 · related or exempt $963,452

  • 2d · Program service revenue: BREEDERS TRUST-RESTRICTED-FS

    total $711,565 · related or exempt $711,565

  • 2e · Program service revenue: PUBLICATIONS

    total $613,884 · related or exempt $613,884

  • 2f · All other program service revenue

    total $1,462,683 · related or exempt $1,251,981 · unrelated business $210,702

  • 3 · Investment income

    total $584,513 · excluded $584,513

  • 7a · Gross sales of assets other than inventory

    securities $9,262,715

  • 7b · Less cost or other basis and sales expenses

    securities $9,730,794

  • 7c · Gain or loss

    securities -$468,079

  • 7d · Net gain or loss

    total -$468,079 · related or exempt -$468,079

  • 10a · Gross sales of inventory

    $58,578

  • 10b · Cost of goods sold

    $58,578

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $367,139

  • 6 · Compensation of disqualified persons

    total $162,396

  • 7 · Other salaries and wages

    total $1,189,198

  • 9 · Other employee benefits

    total $390,735

  • 10 · Payroll taxes

    total $200,706

  • 11b · Fees: legal

    total $107,815

  • 11c · Fees: accounting

    total $200,227

  • 11g · Fees: other

    total $595,854

  • 12 · Advertising and promotion

    total $240,554

  • 13 · Office expenses

    total $652,198

  • 14 · Information technology

    total $121,671

  • 16 · Occupancy

    total $208,485

  • 17 · Travel

    total $207,558

  • 19 · Conferences, conventions and meetings

    total $5,338,627

  • 22 · Depreciation, depletion and amortization

    total $162,253

  • 23 · Insurance

    total $91,555

  • 24a · Other expenses: CREDIT CARD/BANK FEES

    total $739,914

  • 24b · Other expenses: BREEDERS TRUST PAYOUTS-FS

    total $719,948

  • 24c · Other expenses: MEMBER OUTREACH

    total $400,050

  • 24d · Other expenses: MARKETING INITIATIVE

    total $320,000

  • 24e · All other expenses

    total $398,100

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,665,971 · end of year $1,711,248

  • 2 · Savings and temporary cash investments

    beginning of year $1,040,048 · end of year $1,272,011

  • 4 · Accounts receivable

    beginning of year $1,679,836 · end of year $1,818,894

  • 8 · Inventories for sale or use

    beginning of year $58,578

  • 9 · Prepaid expenses and deferred charges

    beginning of year $45,648 · end of year $33,865

  • 10a · Land, buildings and equipment: cost or other basis

    $2,122,866

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,620,397

  • 10c · Land, buildings and equipment, net

    beginning of year $657,114 · end of year $502,469

  • 11 · Investments: publicly traded securities

    beginning of year $17,123,964 · end of year $17,870,620

  • 15 · Other assets

    beginning of year $2,668,450 · end of year $2,728,666

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,439,287 · end of year $1,133,935

  • 19 · Deferred revenue

    beginning of year $866,046 · end of year $874,447

  • 25 · Other liabilities

    beginning of year $2,833,969 · end of year $2,922,276

  • 27 · Net assets without donor restrictions

    beginning of year $19,012,355 · end of year $20,165,731

  • 28 · Net assets with donor restrictions

    beginning of year $787,952 · end of year $841,384

Mission and programs · 2023

Mission

THE MISSION OF THE AMERICAN PAINT HORSE ASSOCIATION IS TO COLLECT, RECORD AND PRESERVE THE PEDIGREES OF AMERICAN PAINT HORSES, AND TO STIMULATE AND REGULATE ALL MATTERS PERTAINING TO THE PROMOTION, HISTORY, BREEDING AND EXHIBITION OF THIS BREED. THE ASSOCIATION SERVES BOTH THE BREED AND ITS MEMBERS BY BEING AWARE OF THE INDUSTRY AND MARKET, AND OF THE NEEDS, OPPORTUNITIES AND CHALLENGES OF ITS MEMBERS.

  • AMERICAN PAINT HORSE ASSOCIATION MEMBERSHIP COUNT (INCLUDES UNITED STATES, INTERNATIONAL AND CANADA) - 38,691

  • HORSES REGISTERED 10,019 HORSES TRANSFERRED 11,183

  • TOTAL APPROVED PAINT HORSE SHOWS - 731 TOTAL ENTRIES - 223,414 PAINT ALTERNATIVE COMPETITION - 444 HORSES ENTERED IN YOUTH WORLD SHOW & IN OPEN AND AMATEUR WORLD SHOW COMBINED - 1,459

  • APHA RACES - 244 NUMBER OF STARTERS - 292 PAINT BARREL RACING INCENTIVE EVENTS - 118 PAINT BARREL RACING ENROLLMENTS - 391 STALLIONS ENROLLED IN BREEDERS' TRUST - 200

    Expenses $12,173,409

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Lands

    PRESIDENT

    Total calculated
    $0
    Hours/week
    6

  • Kelly Boles-Chapman

    PRESIDENT-EL

    Total calculated
    $0
    Hours/week
    6

  • Monika Hagen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6

  • Diane Alves

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6

  • Ashley Griffin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6

  • Mike Holloway

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6

  • James Howard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6

  • Rachel Kooiker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6

  • Peggy Cummings

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6

  • Meredith Landy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6

  • Melanie Cox-Dayhuff

    IMMEDIATE PA

    Total calculated
    $0
    Hours/week
    6

  • David Dellin

    CEO

    Total calculated
    $216,907
    From this org
    $216,907
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,907
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $216,907

  • Billy Smith

    EX EXECUTIVE

    Total calculated
    $162,396
    From this org
    $162,396
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,396
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $162,396

  • Kurt Crawford

    BUSINESS DEV

    Total calculated
    $112,039
    From this org
    $112,039
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Tiffany Rowland

    CFO

    Total calculated
    $150,232
    From this org
    $150,232
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,232
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $150,232

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.0
Source object
202423199349310137

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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