Washington International Horseshow Association Ltd
- Assets
- $661.4k
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 7
- Location
- Annapolis, MD
- Founding
- 07/1984
- Data as of
- 01/2022
- EIN
- 53-0260530
Organization Overview
Washington International Horseshow Association Ltd is located in Annapolis, MD. The organization was established in 1984. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 01/2022, Washington International Horseshow Association Ltd employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington International Horseshow Association Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 01/2022, Washington International Horseshow Association Ltd generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $2.1m during the year ending 01/2022. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Washington International Horseshow Association Ltd has awarded 15 individual grants totaling $192,470. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE WASHINGON INTERNATIONAL HORSE SHOW IS A HISTORIC, WORLD CLASS EQUESTRIAN EVENT THAT ENGAGES,ENTERTAINS AND EDUCATES THE WASHINGTON DC COMMUNITY WHILE SUPPORTING CHARITABLE AND MILITARY CAUSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
WASHINGTON INTERNATIONAL HORSE SHOW TAKES PLACE EACH YEAR IN OCTOBER. THIS SHOW DRAWS RIDERS FROM ALL OVER THE UNITED STATES AS WELL AS SOME INTERNATIONAL COMPETITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claudia Frost Vice President | OfficerTrustee | 2 | $0 |
Lauren Peterson Vice President | OfficerTrustee | 2 | $0 |
Archie Cox Vice President | OfficerTrustee | 1 | $0 |
Marley Bunce Secretarytreasurer | OfficerTrustee | 4 | $0 |
Victoria Lowell President | OfficerTrustee | 4 | $0 |
Angelique Famulak Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $260,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $64,135 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $334,135 |
| Total Program Service Revenue | $2,036,113 |
| Investment income | $724 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $66,279 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $13,077 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,450,328 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $269,476 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,358 |
| Payroll taxes | $25,015 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,169 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,000 |
| Advertising and promotion | $46,810 |
| Office expenses | $11,109 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,572 |
| Travel | $102,201 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,417 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,954 |
| Insurance | $13,400 |
| All other expenses | $1,465,484 |
| Total functional expenses | $2,067,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,805 |
| Savings and temporary cash investments | $405,912 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,950 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,790 |
| Net Land, buildings, and equipment | $21,924 |
| Investments—publicly traded securities | $20,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,006 |
| Total assets | $661,387 |
| Accounts payable and accrued expenses | $28,433 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,433 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $577,680 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $55,274 |
| Total liabilities and net assets/fund balances | $661,387 |
Grants Awarded
Over the last fiscal year, Washington International Horseshow Association Ltd has awarded $20,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Arlington, VA PURPOSE: Financial support for Veteran families | $15,000 |
New York, NY PURPOSE: As needed | $3,000 |
Washington, DC PURPOSE: As needed | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Washington International Horseshow Association Ltd has recieved totaling $65,000.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: HUMAN SERVICES | $25,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $15,000 |
Danhakl Fam Foundation Los Angeles, CA PURPOSE: ADDRESS COMMUNITY NEEDS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Horse Center Foundation Lexington, VA | $21,949,749 | $6,089,538 |
Pennsylvania Harness Horsemens Association Chester, PA | $47,723,168 | $7,569,633 |
Upperville Colt & Horse Show Inc Upperville, VA | $4,423,395 | $3,060,055 |
Washington International Horseshow Association Ltd Annapolis, MD | $661,387 | $2,450,328 |
Meadowbrook Foundation Inc Chevy Chase, MD | $4,161,973 | $2,176,434 |
Maryland Thoroughbred Horsemans Association Owings Mills, MD | $1,933,805 | $1,645,385 |
Pennsylvania Horse Breeders Association Inc Kennett Square, PA | $833,317 | $1,478,049 |
Thorncroft Equestrian Center Malvern, PA | $14,841,730 | $1,605,648 |
Virginia Gold Cup Association Inc Warrenton, VA | $148,262 | $1,262,964 |
National Steeplechase Association Inc Elkton, MD | $2,246,962 | $1,167,801 |
Dressage At Devon Downingtown, PA | $164,087 | $746,882 |
Plantation Field Equestrian Events Inc Unionville, PA | $211,293 | $521,664 |