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KENTUCKY THOROUGHBRED OWNERS AND BREEDERS INC

EIN 61-0590716 LEXINGTON, KY

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

Where these grants went next →

Grants received

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

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.