MARYLAND HORSE BREEDERS ASSOCIATION INC

As filed

Subsection

06

NTEE code

D032

Classification

2000

Street

321 MAIN ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• MARYLAND HORSE FOUNDATION INC

  EIN 52-1619893

• MARYLAND MILLION LTD

  EIN 52-1405980

Mission and programs · 2024

• THE MARYLAND HORSE BREEDERS ASSOCIATION (MHBA) UTILIZES PUBLICATIONS AS A MEANS OF PROMOTING THE HORSE INDUSTRY AND ENCOURAGING HORSE BREEDING AND PARTICIPATION IN HORSE SPORTS. THE MHBA PUBLISHES THE "MID-ATLANTIC THOROUGHBRED", A FOUR-COLOR MONTHLY MAGAZINE THAT COVERS RACING AND BREEDING IN MARYLAND AND THROUGHOUT THE REGION. IN ADDITION, MHBA PUBLISHES AN ANNUAL GUIDE TO THOROUGHBRED FARMS IN MARYLAND AND VARIOUS POSTERS, BROCHURES AND GUIDES THAT EDUCATE THE PUBLIC ABOUT RACING AND BREEDING IN THE STATE OF MARYLAND.

  Expenses $1,327,175

• MHBA FUNCTIONS AS AN INFORMATION RESOURCE FOR HORSE BREEDERS AND OWNERS, THE MEDIA, COMMUNITY AND GOVERNMENTAL ORGANIZATIONS, AND THE GENERAL PUBLIC. BREEDERS AND OWNERS REGISTER THEIR MARYLAND BRED HORSES WITH THE ASSOCIATION IN ORDER TO QUALIFY FOR SPECIFIC RACES RESTRICTED TO MARYLAND - BREDS.

• EDUCATIONAL PROGRAMS HELD FOR MEMBERS AND THE GENERAL PUBLIC TO EDUCATE ON TOPICS RELEVANT TO THE HORSE INDUSTRY.

• THE MARYLAND HORSE BREEDERS ASSOCIATION (MHBA) UTILIZES PUBLICATIONS AS A MEANS OF PROMOTING THE HORSE INDUSTRY AND ENCOURAGING HORSE BREEDING AND PARTICIPATION IN HORSE SPORTS. THE MHBA PUBLISHES THE "MID-ATLANTIC THOROUGHBRED", A FOUR-COLOR MONTHLY MAGAZINE THAT COVERS RACING AND BREEDING IN MARYLAND AND THROUGHOUT THE REGION. IN ADDITION, MHBA PUBLISHES AN ANNUAL GUIDE TO THOROUGHBRED FARMS IN MARYLAND AND VARIOUS POSTERS, BROCHURES AND GUIDES THAT EDUCATE THE PUBLIC ABOUT RACING AND BREEDING IN THE STATE OF MARYLAND.

  Expenses $618,808 · Grants $92,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $1,831,685

  Expenses

  $1,945,983

  Contributions

  $77,670

  Grants paid

  $92,000

• 2023

  Revenue

  $2,189,510

  Expenses

  $1,954,708

  Contributions

  $62,770

  Grants paid

  $30,000

• 2022

  Revenue

  $2,173,917

  Expenses

  $1,900,614

  Contributions

  $72,710

  Grants paid

  $30,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $2,240,057

  Expenses

  $1,800,963

  Assets (EOY)

  $2,965,855

• 2020 · 990

  Revenue

  $1,634,574

  Expenses

  $1,629,752

  Assets (EOY)

  $2,889,536

• 2019 · 990

  Revenue

  $2,144,535

  Expenses

  $2,056,381

  Assets (EOY)

  $1,935,942

• 2018 · 990

  Revenue

  $2,168,496

  Expenses

  $2,013,202

  Assets (EOY)

  $1,929,461

• 2017 · 990

  Revenue

  $2,125,882

  Expenses

  $1,929,927

  Assets (EOY)

  $1,756,624

• 2016 · 990

  Revenue

  $1,974,743

  Expenses

  $1,848,972

  Assets (EOY)

  $1,566,822

• 2015 · 990

  Revenue

  $1,891,739

  Expenses

  $1,867,257

  Assets (EOY)

  $1,454,550

• 2014 · 990

  Revenue

  $1,745,567

  Expenses

  $1,674,142

  Assets (EOY)

  $1,421,027

• 2013 · 990

  Revenue

  $1,780,078

  Expenses

  $1,547,977

  Assets (EOY)

  $1,403,780

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $1,331,704

  Assets (EOY)

  $1,091,891

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• MARYLAND HORSE FOUNDATION

  $50,000

  2024

• BEYOND THE WIRE

  $30,000

  2022

• BEYOND THE WIRE

  $30,000

  2023

• BEYOND THE WIRE

  $30,000

  2024

• RETIRED RACEHORSE PROJECT

  $12,000

  2024

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files