Wisconsin State Horse Council Incorporated
- Assets
- $4.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 6
- Location
- Columbus, WI
- Founding
- 03/1980
- Data as of
- 06/2023
- EIN
- 39-1347729
Organization Overview
Wisconsin State Horse Council Incorporated is located in Columbus, WI. The organization was established in 1980. According to its NTEE Classification (D03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Animal-Related and related organizations. As of 06/2023, Wisconsin State Horse Council Incorporated employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin State Horse Council Incorporated is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Wisconsin State Horse Council Incorporated generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $1.6m during the year ending 06/2023. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT AND TO FOSTER A UNIFIED EQUINE INDUSTRY IN WISCONSIN. TO PROMOTE THE EQUINE THROUGH LEADERSHIP, EDUCATION, SERVICE AND COMMUNICATION. TO TAKE A PROACTIVE ROLE IN THE FUTURE GROWTH & DEVELOPMENT OF THE EQUINE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WISCONSIN HORSE COUNCIL IS A NONPROFIT ORGANIZATION REPRESENTING HORSEMEN AND HORSEWOMEN AND THE EQUINE INDUSTRY. THE WHC PROMOTES THE HORSEMEN/WOMEN THROUGH LEADERSHIP EDUCATION AND TAKES A PROACTIVE ROLE IN THE GROWTH OF THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Bachhuber Director | Trustee | 0.5 | $0 |
Nancy Edwards President | OfficerTrustee | 10 | $0 |
Jill Feller Secretary | OfficerTrustee | 5 | $0 |
Floyd Finney Director | Trustee | 0.5 | $0 |
Rae Geb Director | Trustee | 0.5 | $0 |
James Harris Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,966 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,966 |
| Total Program Service Revenue | $1,773,125 |
| Investment income | $4,320 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $435 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,789,276 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $66,270 |
| Grants and other assistance to domestic individuals. | $180 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $205,151 |
| Compensation of current officers, directors, key employees. | $61,545 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $146,053 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,257 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,606 |
| Fees for services: Accounting | $30,593 |
| Fees for services: Lobbying | $18,329 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $121,050 |
| Office expenses | $52,039 |
| Information technology | $5,900 |
| Royalties | $0 |
| Occupancy | $264,219 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4 |
| Interest | $16,130 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,202 |
| Insurance | $29,359 |
| All other expenses | $116,941 |
| Total functional expenses | $1,622,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $953,468 |
| Savings and temporary cash investments | $457,830 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $169,995 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $22,693 |
| Prepaid expenses and deferred charges | $15,645 |
| Net Land, buildings, and equipment | $463,581 |
| Investments—publicly traded securities | $100,153 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $412 |
| Other assets | $2,681,374 |
| Total assets | $4,865,151 |
| Accounts payable and accrued expenses | $47,070 |
| Grants payable | $0 |
| Deferred revenue | $219,725 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $3,272,455 |
| Other liabilities | $0 |
| Total liabilities | $3,539,250 |
| Net assets without donor restrictions | $1,309,320 |
| Net assets with donor restrictions | $16,581 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,865,151 |
Grants Awarded
Over the last fiscal year, Wisconsin State Horse Council Incorporated has awarded $17,620 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WISCONSIN HORSE COUNCIL EQUINEFOUNDATION INC PURPOSE: SUPPORT FDTN PURPOSE | $11,620 |
FRIENDS OF GOVERNOR DODGE STATEPARK PURPOSE: DEVELOP TRAILS | $6,000 |