- Revenue 2024
- $2,639,920
- Expenses 2024
- $1,534,416
As filed
- Subsection
- 06
- Classification
- 2000
- Street
- 4079 IRON WORKS PARKWAY
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
TO ADVERTISE, FOSTER AND PROMOTE THE THOROUGHBRED HORSE INDUSTRY IN THE COMMONWEALTH OF KENTUCKY
-
PROMOTE AND FOSTER THE THOROUGHBRED HORSE INDUSTRY THROUGH ADVERTISEMENT AND AWARENESS ACTIVITIES, SUCH AS VARIOUS TRAINERS AND AWARDS DINNERS, TO HIGHLIGHT THE INDUSTRY ACCOMPLISHMENTS AND PRESENCE IN THE COMMONWEALTH OF KENTUCKY.
-
PROVIDE MONETARY CONTRIBUTIONS TO THOROUGHBRED PROGRAMS IN ORDER TO PROMOTE AND FOSTER THE THOROUGHBRED INDUSTRY IN THE COMMONWEALTH OF KENTUCKY.
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.
-
BILL DAUGHERTY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DR NATANYA NIEMAN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
WALKER HANCOCK
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DERMOT RYAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
J E STEPHEN HORN
ASSISTANT TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MICHAEL BANAHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CONRAD BANDOROFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
D WHITWORTH BECKMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
PRICE BELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CRAIG BROGDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
STUART E BROWN II DVM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
KELSEY DANNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
THOMAS DRURY JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
FERGUS GALVIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ROWLAND HANCOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
AUSTIN LUTTRELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
PAUL J MCGEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
NEIL PESSIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
KIM SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MICHAEL J SNYDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JEFFERY D THORNBURY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
NED TOFFEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CHRISTOPHER L BAKER
DIRECTOR EMERITUS
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CLIFFORD BARRY
DIRECTOR EMERITUS
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JAMES G BELL
DIRECTOR EMERITUS
- Total calculated
- $0
- Hours/week
- 1 + 1 related
The first 25 listed. 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
- $2,639,920
- Expenses
- $1,534,416
- Contributions
- $0
- Grants paid
- $394,350
-
2023
- Revenue
- $1,275,853
- Expenses
- $1,200,645
- Contributions
- $0
- Grants paid
- $107,886
-
2022
- Revenue
- $1,200,075
- Expenses
- $1,307,983
- Contributions
- $0
- Grants paid
- $165,000
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
- $1,040,440
- Expenses
- $943,915
- Assets (EOY)
- $2,411,831
-
2020 · 990
- Revenue
- $1,022,653
- Expenses
- $1,014,361
- Assets (EOY)
- $2,568,861
-
2019 · 990
- Revenue
- $959,284
- Expenses
- $813,292
- Assets (EOY)
- $2,180,558
-
2018 · 990
- Revenue
- $947,774
- Expenses
- $871,787
- Assets (EOY)
- $2,078,746
-
2017 · 990
- Revenue
- $848,578
- Expenses
- $719,855
- Assets (EOY)
- $1,953,269
-
2016 · 990
- Revenue
- $846,199
- Expenses
- $843,894
- Assets (EOY)
- $1,761,022
-
2015 · 990
- Revenue
- $727,210
- Expenses
- $734,926
- Assets (EOY)
- $1,637,323
-
2014 · 990
- Revenue
- $749,333
- Expenses
- $788,724
- Assets (EOY)
- $1,709,497
-
2013 · 990
- Revenue
- $740,914
- Expenses
- $731,446
- Assets (EOY)
- $1,697,459
-
2012 · 990
- Revenue
- not reported
- Expenses
- $812,657
- Assets (EOY)
- $1,690,435
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
-
$305,000
2024 ROTAVIRUS RESEARCH, EQUINE REPRODUCTION RESEARCH, & "BETTER BLUEGRASS" RESEARCH
-
$150,000
2022 ROTAVIRUS RESEARCH
-
$105,000
2023 ROTAVIRUS RESEARCH & "BETTER BLUEGRASS" RESEARCH
-
$37,500
2024 PROGRAM SUPPORT
-
THOROUGHBRED RACING INITIATIVE
$25,000
2024 PROGRAM SUPPORT
-
2022 2023 US HORSE INDUSTRY ECONOMIC STUDY
Grants received
-
U S LIVESTOCK GENETICS EXPORT INC
$162,971
2024 MARKET DEVELOPMENT
-
U S LIVESTOCK GENETICS EXPORT INC
$147,724
2023 MARKET DEVELOPMENT
-
U S LIVESTOCK GENETICS EXPORT INC
$133,944
2022 MARKET DEVELOPMENT
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.
Declared on its 2024 return
-
KENTUCKY THOROUGHBRED ASSOCIATION INC
501(C)6 · ADVERTISE, FOSTER, & PROMOTE THE THOROUGHBRED HORSE INDUSTRY IN KENTUCKY · KY
-
KENTUCKY THOROUGHBRED BUILDING INC
501(C)2 · OWN AND LEASE BUILDING FOR EQUINE RELATED TAX-EXEMPT ENTITIES · KY · controlled entity
-
KENTUCKY THOROUGHBRED OWNERS AND BREEDERS FOUNDATION INC
501(C)3 · SUPPORT AND FUND EQUINE RESEARCH · KY · controlled entity
Declared as related by
-
INDUSTRIAL MANUFACTURING PROFESSIONAL AND COMMERCIAL TRUST
On its 2024 return
-
KENTUCKY THOROUGHBRED BUILDING INC
On its 2024 return
-
KENTUCKY THOROUGHBRED OWNERS & BREEDERS FOUNDATION INC
On its 2024 return
-
KENTUCKY THOROUGHBRED ASSOCIATION INC
On its 2024 return
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
Not present in the most recent drop.
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 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.