MIDDLEBURG SPRING RACE ASSOC INC

EIN 54-0801738 MIDDLEBURG, VA

Browse the largest nonprofits in Virginia

Revenue 2024: $790,320
Expenses 2024: $532,258

Program services were 85.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection: 03
NTEE code: N69Z
Classification: 1000
Street: PO BOX 1173

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).

Mission and programs · 2024

Mission

HORSE RACES FOR THE BENEFIT OF LOCAL CHARITABLE ORGANIZATIONS.

HORSE RACES FOR THE BENEFIT OF LOCAL CHARITABLE ORGANIZATIONS.

Expenses $454,211 · Grants $44,500 · Revenue $322,120

As filed on the 2024 return.

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.

Sharon SheppardSHARON SHEPPARD

CHAIRMAN

Total calculated

$0

Hours/week

1
Paul D FoutPAUL D FOUT

PRESIDENT

Total calculated

$0

Hours/week

3
F Turner Reuter JrF TURNER REUTER JR

VICE PRESIDENT

Total calculated

$0

Hours/week

1
Beverly SteinmanBEVERLY STEINMAN

DIRECTOR

Total calculated

$0

Hours/week

1
Gail ClarkGAIL CLARK

DIRECTOR

Total calculated

$0

Hours/week

1
Patsy RichardsPATSY RICHARDS

DIRECTOR

Total calculated

$0

Hours/week

1
Lynn WileyLYNN WILEY

DIRECTOR

Total calculated

$0

Hours/week

1
Michael CraneMICHAEL CRANE

DIRECTOR

Total calculated

$0

Hours/week

1
Annie BishopANNIE BISHOP

DIRECTOR

Total calculated

$0

Hours/week

3
Philip DudleyPHILIP DUDLEY

VICE PRESIDENT & TREASURER

Total calculated

$0

Hours/week

1
Bruce SmithBRUCE SMITH

DIRECTOR

Total calculated

$0

Hours/week

1

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. Earlier years are each on their own filing page.

Filings

2024

Revenue

$790,320

Expenses

$532,258

Contributions

$391,138

Grants paid

$44,500
2023

Revenue

$750,316

Expenses

$516,094

Contributions

$387,235

Grants paid

$22,500
2022

Revenue

$774,360

Expenses

$499,866

Contributions

$443,144

Grants paid

$18,950

Tax year	Revenue	Expenses	Contributions	Grants paid
2024	$790,320	$532,258	$391,138	$44,500
2023	$750,316	$516,094	$387,235	$22,500
2022	$774,360	$499,866	$443,144	$18,950

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

$686,163

Expenses

$433,370

Assets (EOY)

$1,992,145
2020 · 990

Revenue

$360,617

Expenses

$420,148

Assets (EOY)

$1,900,004
2019 · 990

Revenue

$702,045

Expenses

$317,480

Assets (EOY)

$1,732,861
2018 · 990

Revenue

$582,261

Expenses

$421,341

Assets (EOY)

$1,289,063
2017 · 990

Revenue

$592,065

Expenses

$370,476

Assets (EOY)

$1,057,934
2016 · 990

Revenue

$465,342

Expenses

$326,046

Assets (EOY)

$786,837
2015 · 990

Revenue

$393,514

Expenses

$356,996

Assets (EOY)

$625,952
2014 · 990

Revenue

$459,030

Expenses

$332,531

Assets (EOY)

$594,485
2013 · 990

Revenue

$447,885

Expenses

$307,286

Assets (EOY)

$480,455
2012 · 990

Revenue

not reported

Expenses

$298,605

Assets (EOY)

$353,657

Tax year	Form	Revenue	Expenses	Assets (EOY)
2021	990	$686,163	$433,370	$1,992,145
2020	990	$360,617	$420,148	$1,900,004
2019	990	$702,045	$317,480	$1,732,861
2018	990	$582,261	$421,341	$1,289,063
2017	990	$592,065	$370,476	$1,057,934
2016	990	$465,342	$326,046	$786,837
2015	990	$393,514	$356,996	$625,952
2014	990	$459,030	$332,531	$594,485
2013	990	$447,885	$307,286	$480,455
2012	990	not reported	$298,605	$353,657

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

GLENWOOD PARK TRUST

$27,000

2024 DONATION TO HELP COVER THE COST OF LAND PURCHASE

Where these grants went next →

Grants received

GREATER KANSAS CITY COMMUNITY FOUNDATION

$50,000

2024 Human Services
DONOR ADVISED CHARITABLE GIVING

$44,000

2022 HUMAN SERVICES
DONOR ADVISED CHARITABLE GIVING

$20,000

2024 HUMAN SERVICES
FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$12,500

2022 For grant recipient's exempt purposes
FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$12,500

2023 For grant recipient's exempt purposes

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.