Virginia Thoroughbred Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 329,711 | 317,130 | 12,581 | 1.4 | 50% |
| 2012 | 342,774 | 343,982 | −1,208 | 1.2 | 46% |
| 2013 | 337,700 | 342,835 | −5,135 | 1.0 | 31% |
| 2014 | 327,231 | 328,140 | −909 | 1.1 | 0% |
| 2015 | 338,396 | 328,243 | 10,153 | 1.4 | 0% |
| 2016 | 337,973 | 345,726 | −7,753 | 1.1 | 0% |
| 2017 | 400,817 | 385,532 | 15,285 | 1.5 | 0% |
| 2018 | 460,980 | 416,088 | 44,892 | 2.6 | 0% |
| 2019 | 494,700 | 416,561 | 78,139 | 4.9 | 0% |
| 2020 | 440,671 | 366,088 | 74,583 | 8.0 | 0% |
| 2021 | 493,730 | 425,461 | 68,269 | 8.8 | 0% |
| 2022 | 511,626 | 508,435 | 3,191 | 7.5 | 0% |
| 2023 | 485,794 | 522,151 | −36,357 | 6.4 | 0% |
In its most recent public year (2023), this organization spent $36,357 more than it brought in. Its reserves stood at about 6.4 months of spending, up from 1.4 in 2011. Staff pay was 0% 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
Virginia Thoroughbred Association'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