Maryland Thoroughbred Horsemans Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 974,365 | 665,457 | 308,908 | 11.7 | 43% |
| 2012 | 858,062 | 776,289 | 81,773 | 11.3 | 52% |
| 2013 | 1,026,894 | 786,866 | 240,028 | 14.8 | 27% |
| 2014 | 972,973 | 779,587 | 193,386 | 17.9 | 32% |
| 2015 | 1,183,612 | 993,743 | 189,869 | 16.3 | 24% |
| 2016 | 1,471,255 | 1,302,230 | 169,025 | 14.0 | 15% |
| 2017 | 1,475,160 | 1,536,250 | −61,090 | 11.7 | 15% |
| 2018 | 1,651,738 | 1,501,855 | 149,883 | 12.8 | 16% |
| 2019 | 1,685,598 | 1,683,270 | 2,328 | 12.4 | 16% |
| 2020 | 1,245,576 | 1,359,679 | −114,103 | 14.9 | 16% |
| 2021 | 1,645,385 | 1,456,198 | 189,187 | 15.9 | 16% |
| 2022 | 1,820,486 | 1,759,953 | 60,533 | 12.1 | 17% |
| 2023 | 1,812,152 | 1,830,079 | −17,927 | 12.3 | 18% |
In its most recent public year (2023), this organization spent $17,927 more than it brought in. Its reserves stood at about 12.3 months of spending. Staff pay was 18% of spending. $70,005 of its net assets are donor-restricted.
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
Maryland Thoroughbred Horsemans 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