Indiana Horsemens Benevolent & Protective Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 619,381 | 488,228 | 131,153 | 11.1 | 36% |
| 2011 | 592,045 | 601,079 | −9,034 | 8.8 | 29% |
| 2012 | 502,759 | 654,717 | −151,958 | 5.3 | 26% |
| 2013 | 591,879 | 632,177 | −40,298 | 4.7 | 23% |
| 2014 | 1,170,228 | 915,483 | 254,745 | 6.6 | 17% |
| 2015 | 1,210,951 | 1,118,227 | 92,724 | 6.4 | 18% |
| 2016 | 1,276,226 | 1,210,237 | 65,989 | 6.6 | 14% |
| 2017 | 1,308,309 | 1,205,516 | 102,793 | 7.6 | 14% |
| 2018 | 1,318,512 | 1,367,324 | −48,812 | 6.3 | 15% |
| 2019 | 1,349,077 | 1,305,063 | 44,014 | 7.0 | 16% |
| 2020 | 1,052,165 | 1,073,674 | −21,509 | 8.3 | 20% |
| 2021 | 1,583,236 | 1,273,066 | 310,170 | 9.9 | 19% |
| 2022 | 1,637,366 | 1,369,220 | 268,146 | 11.6 | 21% |
| 2023 | 1,580,285 | 1,528,347 | 51,938 | 10.8 | 20% |
In its most recent public year (2023), this organization brought in $51,938 more than it spent. Its reserves stood at about 10.8 months of spending. Staff pay was 20% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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