Totals
- Total revenue
- $975,404
- Total expenses
- $1,322,133
- Contributions and grants received
- $189,946
- Grants paid
- $0
- Program service revenue
- $734,381
- Investment income
- $51,077
- Other revenue
- $0
- Total assets, end of year
- $7,233,397
- Total liabilities, end of year
- $61,647
- Net assets or fund balances, end of year
- $7,171,750
- Program services expenses (Part IX)
- $912,734
- Management and general expenses
- $387,537
- Fundraising expenses
- $21,862
- Program service expenses (Part III)
- $912,734
Program services were 69.0% 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.
-
1f · All other contributions, gifts and grants
$189,946
-
2a · Program service revenue: PROPERTY USE RENT
total $524,050 · excluded $524,050
-
2b · Program service revenue: EVENT REVENUE
total $210,331 · related or exempt $210,331
-
3 · Investment income
total $51,077 · excluded $51,077
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $81,327 · program services $60,995 · fundraising $20,332
-
7 · Other salaries and wages
total $314,986 · program services $134,408 · management and general $180,578
-
8 · Pension plan contributions
total $10,678 · program services $4,596 · management and general $6,082
-
9 · Other employee benefits
total $49,636 · program services $36,038 · management and general $13,598
-
10 · Payroll taxes
total $29,832 · program services $14,709 · management and general $13,593 · fundraising $1,530
-
11b · Fees: legal
total $9,696 · program services $9,696
-
11c · Fees: accounting
total $44,225 · management and general $44,225
-
11g · Fees: other
total $65,735 · program services $65,675 · management and general $60
-
12 · Advertising and promotion
total $6,770 · management and general $6,770
-
13 · Office expenses
total $18,186 · program services $3,765 · management and general $14,421
-
16 · Occupancy
total $17,557 · program services $8,786 · management and general $8,771
-
17 · Travel
total $644 · program services $18 · management and general $626
-
20 · Interest
total $12,463 · program services $1,758 · management and general $10,705
-
22 · Depreciation, depletion and amortization
total $241,747 · program services $234,494 · management and general $7,253
-
23 · Insurance
total $54,659 · management and general $54,659
-
24a · Other expenses: SPECIAL EVENTS
total $177,728 · program services $174,961 · management and general $2,767
-
24b · Other expenses: EQUIPMENT REPAIRS AND M
total $90,492 · program services $87,972 · management and general $2,520
-
24c · Other expenses: TURF MAINTENANCE
total $38,614 · program services $38,614
-
24d · Other expenses: PROFESSIONAL SERVICES
total $28,839 · program services $11,600 · management and general $17,239
-
24e · All other expenses
total $28,319 · program services $24,649 · management and general $3,670
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $50,201 · end of year $24,349
-
2 · Savings and temporary cash investments
beginning of year $1,219,439 · end of year $932,696
-
3 · Pledges and grants receivable
beginning of year $806,465 · end of year $427,901
-
4 · Accounts receivable
beginning of year $6,000 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$10,611,015
-
10b · Land, buildings and equipment: accumulated depreciation
$4,762,564
-
10c · Land, buildings and equipment, net
beginning of year $5,600,254 · end of year $5,848,451
-
17 · Accounts payable and accrued expenses
beginning of year $9,038 · end of year $53,690
-
19 · Deferred revenue
beginning of year $7 · end of year $7
-
23 · Secured mortgages and notes payable
beginning of year $145,635 · end of year $0
-
25 · Other liabilities
beginning of year $9,200 · end of year $7,950
-
27 · Net assets without donor restrictions
beginning of year $5,726,943 · end of year $6,244,781
-
28 · Net assets with donor restrictions
beginning of year $1,791,536 · end of year $926,969
Mission and programs · 2023
Mission
THE GREAT MEADOW FOUNDATION IS DEDICATED TO PRESERVING OPEN SPACE IN SERVICE TO THE COMMUNITY AND TO ADVANCING EQUESTRIAN SPORT.
Activities or mission (Part I)
GREAT MEADOW FOUNDATION, INC'S PURPOSE IS TO PRESERVE AND PROTECT OPEN SPACE, VISUAL ORDER, FLORA AND FAUNA, AND AIR, LAND AND WATER RESOURCES FOR THE BENEFIT OF THE GENERAL PUBLIC AND TO PERPETUATE, AND TO FURTHER PUBLIC EDUCATION, RECREATION AND ENJOYMENT WITH RESPECT TO THE HISTORIC AND TRADITIONAL OPEN SPACES AND FIELD EVENTS OF FAUQUIER COUNTY, VIRGINIA.
-
VA GOLD CUP:TWO TIMES A YEAR, VA GOLD CUP RUNS THE SPRING VA GOLD CUP RACE AND THE FALL INTERNATIONAL CUP RACE. THE RACES HELD AT GREAT MEADOW, ARE STEEPLECHASES, OR MORE COMMONLY KNOWN AS A CHASE AND IS A RACE RUN OVER FENCES. STEEPLECHASES ARE RUN OVER DISTANCES THAT RANGE BETWEEN 2 AND 4 MILES (3.2 AND 7.2 KM). THE RUNNERS JUMP OVER A VARIETY OF OBSTACLES THAT CAN INCLUDE PLAIN FENCES, WATER JUMPS OR OPEN DITCHES.
Expenses $277,312 · Revenue $329,300
-
TWILIGHT ARENA POLO:EVERY SATURDAY FROM MAY THROUGH SEPTEMBER, TWILIGHT POLO FEATURES THREE ARENA POLO MATCHES WITH HALFTIME GAMES FOR BOTH CHILDREN AND ADULTS. FOLLOWING THE FINAL MATCH, THE EVENINGS CONCLUDE WITH MUSIC AND DANCING IN THE PAVILION.
Expenses $137,209 · Revenue $167,795
-
FOURTH OF JULY EVENT: GREAT MEADOW FOUNDATION HOSTS A COMMUNITY EVENT TO CELEBRATE THE FOURTH OF JULY. THE EVENT ENCOMPASSES FIREWORKS AND ENTERTAINMENT.
Expenses $124,032 · Revenue $43,448
-
OTHER PROGRAMS INCLUDING CROSS COUNTRY RACES, ROCKETRY, GREAT MEADOW INTERNATIONAL, NSA JUMP RENTAL, AND GENERAL MAINTENANCE OF THE GROUNDS.
Expenses $374,181 · Revenue $193,838
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Natalie EpsteinNATALIE EPSTEIN
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 6.5
-
Mike SmithMIKE SMITH
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Garrick SteeleGARRICK STEELE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Dulaney MorisonDULANEY MORISON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David GreenhillDAVID GREENHILL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Holidae HayesHOLIDAE HAYES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Najaf HusainNAJAF HUSAIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas McMillenTHOMAS MCMILLEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Richard SpencerRICHARD SPENCER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Stuart Weinstein-BacalSTUART WEINSTEIN-BACAL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Karen CraneKAREN CRANE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Birge WatkinsBIRGE WATKINS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Tess NewcomeTESS NEWCOME
EXECUTIVE DIRECTOR
- Total calculated
- $81,327
- From this org
- $81,327
- 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
- 2023
- Filed
- 26 April 2024
- IRS schema version
- 2023v5.0
- Source object
- 202401219349301405
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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