Minnesota Horsemens Benevolent And Protective Association Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 38,656 | 45,722 | −7,066 | 2.7 | — |
| 2012 | 50,120 | 48,690 | 1,430 | 2.9 | — |
| 2013 | 67,000 | 57,960 | 9,040 | 4.3 | — |
| 2014 | 42,752 | 32,859 | 9,893 | 11.2 | — |
| 2015 | 58,219 | 69,641 | −11,422 | 3.3 | — |
| 2016 | 41,300 | 34,155 | 7,145 | 9.3 | — |
| 2017 | 50,195 | 66,606 | −16,411 | 1.8 | — |
| 2018 | 100,454 | 111,132 | −10,678 | -0.1 | — |
| 2019 | 3,476 | 77,110 | −73,634 | -11.6 | — |
| 2020 | 529 | 29,964 | −29,435 | -41.6 | — |
| 2021 | 554 | 82,202 | −81,648 | -27.1 | — |
| 2022 | 35,771 | 89,791 | −54,020 | -32.0 | — |
| 2023 | 3,683 | 132,261 | −128,578 | -33.4 | — |
In its most recent public year (2023), this organization spent $128,578 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-33.4 months), down from 2.7 in 2011.
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
Minnesota Horsemens Benevolent And Protective Association Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works