2024-05-10T14:21:13-05:00 2023-12-31 620788068 PURYEAR & NOONAN CPAS 40 BURTON HILLS BLVD STE 170 NASHVILLE TN 37215 990 2023-01-01 621324410 THE VOLUNTEER STATE HORSEMEN'S FOUNDATION VOLU 6152522319 203 3RD AVENUE NORTH FRANKLIN TN 37064 DWIGHT HALL CHAIRMAN-RACE CMTE. 6152522319 2024-05-09 1 DWIGHT HALL 999009999 1 BETHANY HOVATER CPA P01981291 6152960500 2024-05-09 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z DWIGHT HALL 203 3RD AVENUE NORTH FRANKLIN TN 37064 3567869 0 X WWW.IROQUOISSTEEPLECHASE.ORG X 1987 TN THE FOUNDATION MANAGES AND PRODUCES THE ANNUAL STEEPLECHASE EVENT BENEFITING THE MONROE CARELL JR. CHILDREN'S HOSPITAL AT VANDERBILT AND PROMOTES THE SPORT AND THE SPIRIT OF AMATEURISM THROUGHOUT THE COMMUNITY. 16 16 0 350 0 0 989785 1042766 1733865 2461600 4562 31764 191 22139 2728403 3558269 0 0 0 0 244242 256112 0 0 0 2360850 2883204 2605092 3139316 123311 418953 1392875 1683522 128306 0 1264569 1683522 THE FOUNDATION MANAGES AND PRODUCES THE ANNUAL STEEPLECHASE EVENT BENEFITING THE MONROE CARELL JR. CHILDREN'S HOSPITAL AT VANDERBILT AND PROMOTES THE SPORT AND THE SPIRIT OF AMATEURISM THROUGHOUT THE COMMUNITY. 0 0 2251073 2461600 THE FOUNDATION SPONSORS THE IROQUOIS STEEPLECHASE RACE (THE STEEPLECHASE), AN ANNUAL EVENT OPEN TO THE GENERAL PUBLIC AND HELD IN THE SPRING OF EACH YEAR ON THE GROUNDS OF PERCY WARNER PARK, A PUBLIC PARK LOCATED IN NASHVILLE, TENNESSEE, OWNED BY THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY. IN ADDITION, A PORTION OF THE PROCEEDS FROM THE STEEPLECHASE MAY BE USED TO IMPROVE THE EQUESTRIAN FACILITIES AT PERCY WARNER PARK. THE FOUNDATION RECEIVES IN-KIND DONATIONS OF THE USE OF EQUIPMENT AND FACILITIES. THE FAIR MARKET VALUE OF THESE DONATIONS RELATED TO THE STEEPLECHASE IS $90,000. 2251073 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 56 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 TN X DWIGHT HALL 6155912991 203 3RD AVENUE NORTH FRANKLIN TN 37064 X SARA JO GILL TRUSTEE 1.00 X 0 0 0 MARY WADE TRUSTEE 1.00 X 0 0 0 WILLIAM HAGGARD TRUSTEE 1.00 X 0 0 0 DWIGHT HALL CHAIRMAN-RACE CMTE. 1.00 X 0 0 0 STEPHEN K HEARD SECRETARY-RACE CMTE. 1.00 X 0 0 0 MARIANNE BYRD PRESIDENT-RACE CMTE. 1.00 X 0 0 0 TOM MAGLI TREASURER-RACE CMTE. 1.00 X 0 0 0 0 0 0 0 0 0 0 NATIONAL STEEPLECHASE ASSOCIATION 400 FAIR HILL DR ELKTON MD 21921 EVENT COORDINATION 422927 PAYCHEX OASIS 22 CENTURY BLVD SUITE 150 NASHVILLE TN 37214 STAFFING 259952 WHITE DOOR EVENTS 1920 NOLENSVILLE PK NASHVILLE TN 37211 EQUIPMENT RENTAL 155151 EVOLUTION EVENT SOLUTIONS INC 1253 MARTIN ST NASHVILLE TN 37203 RACE MANAGEMENT 138075 NTACO LLC 1727 ELM HILL PK NASHVILLE TN 37210 EQUIPMENT RENTAL 112080 5 1042766 513138 1042766 PROGRAM SERVICE REVENU 711210 2461600 2461600 2461600 25553 25553 15640 9429 6211 6211 6211 22310 1042766 171 22139 22139 3558269 2461600 0 53903 X 256112 256112 136000 136000 17393 17393 25950 25950 71533 59033 12500 67315 67315 27531 27531 153146 140078 13068 15500 15500 7250 7250 5532 5532 25531 1093 24438 75404 75404 RACE DAY 652131 348632 303499 AWARDS & PRIZES 425516 425516 EQUIPMENT RENTAL 284880 284880 MEALS & ENTERTAINMENT 238780 235053 3727 653812 545384 108428 3139316 2251073 888243 0 350287 687878 677202 745993 8292 8292 459715 218356 228788 241359 128306 0 1392875 1683522 128306 0 128306 0 X 1229569 1683522 35000 0 1264569 1683522 1392875 1683522 418953 0 X 0 1 X 1 0 X 825438 927413 914044 989785 1042766 4699446 825438 927413 914044 989785 1042766 4699446 1327190 3372256 2682 1228 3324 4562 25553 37349 33080 -6863 20156 191 22139 68703 4805498 7415131 0.70170 0.69900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 443215 201856 241359 16500 16500 0 241359 X 3297567 90000 90000 3207567 350702 350702 3558269 3237771 90000 8455 98455 3139316 0 3139316 PART X, LINE 2: THE FOUNDATION RECOGNIZES THE TAX BENEFITS OF UNCERTAIN TAX POSITIONS ONLY WHERE THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED ASSUMING EXAMINATION BY TAX AUTHORITIES. MANAGEMENT HAS ANALYZED THE FOUNDATION'S TAX POSITIONS AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FILED FOR THE OPEN TAX YEARS (2020-2022), OR EXPECTED TO BE TAKEN IN THE FOUNDATION'S 2023 TAX RETURN. THE FOUNDATION IDENTIFIES ITS MAJOR TAX JURISDICTIONS AS THE U.S. FEDERAL AND THE STATE OF TENNESSEE. THE FOUNDATION IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE IN THE NEXT TWELVE MONTHS. PART XI, LINE 4B - OTHER ADJUSTMENTS: ACCRUAL ADJUSTMENT 350,873. DIRECT EXPENSES DEDUCTED FROM REVENUE -171. PART XII, LINE 2D - OTHER ADJUSTMENTS: ACCURAL ADJUSTMENT 8,284. DIRECT EXPENSES DEDUCTED FROM REVENUE 171. PART XIII - SUPPLEMENTAL FINANCIAL INFORMATION UNDER REGULATION 1.263(A)-1(F), THE FOUNDATION HEREBY ELECTS TO APPLY THE DE MINIMIS SAFE HARBOR ELECTION TO ALL QUALIFYING PROPERTY PLACED IN SERVICE DURING THE TAX YEAR. STEEPLECHASE 1065076 1042766 22310 171 1065076 1042766 22310 171 171 22139 X 305 49938 FAIR MARKET VALUE X MEDIA/SERVICE 18 341398 FAIR MARKET VALUE X EQUIPMENT RENTAL 5 51594 FAIR MARKET VALUE X FOOD AND BEVERAGE 4 26047 FAIR MARKET VALUE X MISC & INVENTORY 17 24513 FAIR MARKET VALUE X REPAIRS & MAINTENANCE 4 12648 FAIR MARKET VALUE X PRIZES & AWARDS 1 7000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 WAS PROVIDED TO EACH TRUSTEE AND THE PRESIDENT AND CHAIRMAN OF THE RACE COMMITTEE FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, ON A CASE-BY-CASE BASIS. FORM 990, PART IX, LINE 24E REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 167,963. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 167,963. UTILITIES & IRRIGATION: PROGRAM SERVICE EXPENSES 101,423. MANAGEMENT AND GENERAL EXPENSES 2,813. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 104,236. SECURITY: PROGRAM SERVICE EXPENSES 100,294. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,294. CONTRIBUTION: PROGRAM SERVICE EXPENSES 66,600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,600. SIGNAGE & DECOR: PROGRAM SERVICE EXPENSES 61,981. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,981. BANK & CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 44,397. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,397. TICKETING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 38,777. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,777. PERMIT & SANCTION FEES: PROGRAM SERVICE EXPENSES 36,478. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,478. PRINTING & POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 15,714. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,714. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 6,143. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,143. LANDSCAPING & FENCING: PROGRAM SERVICE EXPENSES 4,502. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,502. GIFTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,049. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,049. MEMBERSHIP DUES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,000. UNIFORMS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,678. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,678.