Kentucky Thoroughbred Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 358,937 | 280,552 | 78,385 | 48.3 | 54% |
| 2013 | 339,636 | 332,970 | 6,666 | 43.4 | 49% |
| 2014 | 392,801 | 421,097 | −28,296 | 15.6 | 67% |
| 2015 | 349,296 | 334,605 | 14,691 | 20.1 | 51% |
| 2016 | 378,079 | 328,821 | 49,258 | 22.5 | 52% |
| 2017 | 387,603 | 333,202 | 54,401 | 25.4 | 57% |
| 2018 | 522,727 | 492,943 | 29,784 | 18.5 | 40% |
| 2019 | 541,643 | 522,735 | 18,908 | 18.4 | 40% |
| 2020 | 493,899 | 563,008 | −69,109 | 15.2 | 38% |
| 2021 | 677,107 | 690,991 | −13,884 | 14.4 | 31% |
| 2022 | 761,042 | 816,044 | −55,002 | 10.8 | 27% |
| 2023 | 758,534 | 714,593 | 43,941 | 13.8 | 32% |
| 2024 | 842,249 | 860,243 | −17,994 | 11.7 | 30% |
In its most recent public year (2024), this organization spent $17,994 more than it brought in. Its reserves stood at about 11.7 months of spending, down from 48.3 in 2012. Staff pay was 30% of spending. $7,977 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 2024. 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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