Form 990 for tax year 2024
Filed by UPPERVILLE COLT & HORSE SHOW INC.
Totals
- Total revenue
- $4,150,514
- Total expenses
- $3,648,556
- Contributions and grants received
- $817,723
- Grants paid
- $4,250
- Program service revenue
- $2,251,561
- Investment income
- $47,820
- Other revenue
- $1,033,410
- Total assets, end of year
- $6,865,074
- Total liabilities, end of year
- $1,219,475
- Net assets or fund balances, end of year
- $5,645,599
- Program services expenses (Part IX)
- $3,304,600
- Management and general expenses
- $192,273
- Fundraising expenses
- $151,683
- Program service expenses (Part III)
- $3,304,600
Program services were 90.6% 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.
-
1f · All other contributions, gifts and grants
$817,723
-
1g · Noncash contributions included above
$111,877
-
2a · Program service revenue: PARKING AND ADMISSION
total $854,871 · related or exempt $854,871
-
2b · Program service revenue: ENTRY FEES
total $828,802 · related or exempt $828,802
-
2c · Program service revenue: STALL RENTALS
total $492,906 · related or exempt $492,906
-
2d · Program service revenue: VENDOR RENTAL
total $74,982 · related or exempt $74,982
-
3 · Investment income
total $47,820 · excluded $47,820
-
11a · Other revenue: SPONSORSHIP
total $764,843 · related or exempt $764,843
-
11b · Other revenue: OTHER
total $185,582 · related or exempt $185,582
-
11c · Other revenue: PROMOTIONAL & PROGRAM
total $37,872 · related or exempt $37,872
-
11d · All other revenue
total $45,113 · related or exempt $37,249 · unrelated business $7,864
-
11e · Other revenue, total
$1,033,410
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $4,250 · program services $4,250
-
5 · Compensation of officers, directors and key employees
total $104,500 · program services $78,375 · management and general $26,125
-
7 · Other salaries and wages
total $42,316 · program services $31,737 · management and general $10,579
-
10 · Payroll taxes
total $11,304 · program services $8,478 · management and general $2,826
-
11a · Fees: management
total $44,700 · program services $35,760 · management and general $4,470 · fundraising $4,470
-
11c · Fees: accounting
total $26,096 · management and general $26,096
-
11g · Fees: other
total $132,829 · program services $132,829
-
12 · Advertising and promotion
total $13,695 · program services $10,271 · fundraising $3,424
-
13 · Office expenses
total $27,711 · program services $6,434 · management and general $20,160 · fundraising $1,117
-
14 · Information technology
total $48,409 · program services $48,409
-
16 · Occupancy
total $21,691 · program services $19,913 · management and general $1,778
-
20 · Interest
total $41,853 · management and general $41,853
-
22 · Depreciation, depletion and amortization
total $479,673 · program services $479,673
-
23 · Insurance
total $63,442 · program services $20,129 · management and general $43,313
-
24a · Other expenses: SHOW EXPENSE
total $735,367 · program services $735,367
-
24b · Other expenses: PRIZE MONEY
total $572,670 · program services $572,670
-
24c · Other expenses: ENTERTAINMENT
total $508,571 · program services $381,428 · fundraising $127,143
-
24d · Other expenses: JUDGES AND OFFICIALS
total $303,533 · program services $303,533
-
24e · All other expenses
total $465,946 · program services $435,344 · management and general $15,073 · fundraising $15,529
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,504 · end of year $2,766
-
2 · Savings and temporary cash investments
beginning of year $596,987 · end of year $286,366
-
4 · Accounts receivable
beginning of year $444,575 · end of year $27,184
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $21,500
-
10a · Land, buildings and equipment: cost or other basis
$8,619,866
-
10b · Land, buildings and equipment: accumulated depreciation
$3,079,395
-
10c · Land, buildings and equipment, net
beginning of year $4,923,676 · end of year $5,540,471
-
11 · Investments: publicly traded securities
beginning of year $833,505 · end of year $986,530
-
12 · Investments: other securities
beginning of year $257 · end of year $257
-
17 · Accounts payable and accrued expenses
beginning of year $485,593 · end of year $38,924
-
19 · Deferred revenue
beginning of year $313,860 · end of year $384,167
-
23 · Secured mortgages and notes payable
beginning of year $736,897 · end of year $686,897
-
24 · Unsecured notes and loans payable
beginning of year $121,513 · end of year $109,487
-
27 · Net assets without donor restrictions
beginning of year $5,143,641 · end of year $5,645,599
Mission and programs · 2024
Mission
THE ULTIMATE GOAL OF THE TOP RIDERS COMPETING IN THE SHOW IS TO QUALIFY FOR A PLACE ON THE UNITED STATES EQUESTRIAN TEAM AND ULTIMATELY IN THE OLYMPICS. A SUBSTANTIAL PERCENTAGE OF THE RIDERS ON THE UNITED STATES EQUESTRIAN TEAM HAVE COMPETED AT UPPERVILLE. THUS, THE PRIMARY PURPOSE IS TO PROMOTE AMATEUR EQUESTRIAN COMPETITION AT THE UPPERVILLE SHOW ITSELF AND TO ENABLE PARTICIPANTS TO COMPETE IN OTHER AMATEUR EQUESTRIAN EVENTS, INCLUDING NATIONAL AND INTERNATIONAL EVENTS.
-
UPPERVILLE COLT AND HORSE SHOW EVENT.
Expenses $3,304,600 · Grants $4,250 · Revenue $3,277,107
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Joe FargisJOE FARGIS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Kim O'DonnellKIM O'DONNELL
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Roy PerryROY PERRY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Punkin LeePUNKIN LEE
VP - COMMUNITY LIAISON
- Total calculated
- $0
- Hours/week
- 1
-
Kim PrinceKIM PRINCE
VP - JUMPERS
- Total calculated
- $0
- Hours/week
- 1
-
Mrs Kitty BarkerMRS KITTY BARKER
VP - HUNTERS
- Total calculated
- $0
- Hours/week
- 1
-
Tom BrennanTOM BRENNAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mrs Elizabeth CourtsMRS ELIZABETH COURTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mrs John B Denegre PennyMRS JOHN B DENEGRE PENNY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Michael S LissMR MICHAEL S LISS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mrs Ernest M Oare BettyMRS ERNEST M OARE BETTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mrs Margaret O'NeillMRS MARGARET O'NEILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Frank FergusonFRANK FERGUSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Catherine BrownCATHERINE BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Leslie KoppLESLIE KOPP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Samantha SchaeferSAMANTHA SCHAEFER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Emily DayEMILY DAY
SHOW DIRECTOR
- Total calculated
- $104,500
- From this org
- $104,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 8 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202521359349311507
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