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Nonprofit · EIN 51-0235884

VIRGINIA THOROUGHBRED ASSOCIATION

Tax-exempt · CHARLOTTESVLE, VA 22902

Financials

$486K$522K2023$563K$485K2024
Revenue Expenses · by fiscal year end
Financials of VIRGINIA THOROUGHBRED ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$562,834$484,534$78,300$4,968,831$4,610,843$357,988
December 31, 2023990$485,794$522,151-$36,357$4,488,935$4,209,247$279,688
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$80,000
of which government grants
$80,000
Program service revenue
$413,071
Investment income
$28,795
Net income from fundraising events
$22,818
Other revenue
$40,968

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$6,900
Travel
$6,229

Balance sheet and other

Total assets, start of year
$4,488,935
Total assets, end of year
$4,968,831
Total liabilities, end of year
$4,610,843
Net assets, end of year
$357,988
Net assets without donor restrictions
$357,988
Gross receipts
$1,265,436
Employees
0
Year formed
1978
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
TURNER KOBAYASHIPRESIDENT
Trustee or director, Officer
2$0
ANDREW MOTIONVICE PRESIDE
Trustee or director, Officer
2$0
SARA MILLERTREASURER
Trustee or director, Officer
2$0
AMY MOOREPAST PRESIDE
Trustee or director, Officer
1$0
CHRISTINE APPLEGATEDIRECTOR
Trustee or director
1$0
WAYNE CHATFIELD-TAYLORDIRECTOR
Trustee or director
1$0
DONNA DENNEHYDIRECTOR
Trustee or director
1$0
CHRIS GRACIEDIRECTOR
Trustee or director
1$0
ALAN HUTCHISONDIRECTOR
Trustee or director
1$0
BROOKE ROYSTERDIRECTOR
Trustee or director
1$0
CHRIS KUHNDIRECTOR
Trustee or director
1$0
DIANE MANNINGDIRECTOR
Trustee or director
1$0
DIANA MCCLUREDIRECTOR
Trustee or director
1$0
SUSAN COONEYDIRECTOR
Trustee or director
1$0
SARAH NAGLEDIRECTOR
Trustee or director
1$0
3 more people on this return
NameTitleHours / weekCompensation
PAT SHEPHERDDIRECTOR
Trustee or director
1$0
LAURA SMITHDIRECTOR
Trustee or director
1$0
WAYNE VANSANTDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensation
AMY MOOREPRESIDENT
Trustee or director, Officer
2$0
TURNER KOBAYASHIVICE PRESIDE
Trustee or director, Officer
2$0
SARA MILLERTREASURER
Trustee or director, Officer
2$0
SUSAN COONEYPAST PRESIDE
Trustee or director, Officer
2$0
CHRISTINE APPLEGATEDIRECTOR
Trustee or director
2$0
WAYNE CHATFIELD-TAYLORDIRECTOR
Trustee or director
2$0
DONNA DENNEHYDIRECTOR
Trustee or director
2$0
CHRIS GRACIEDIRECTOR
Trustee or director
2$0
ALAN HUTCHISONDIRECTOR
Trustee or director
2$0
LARRY JOHNSONDIRECTOR
Trustee or director
2$0
CHRIS KUHNDIRECTOR
Trustee or director
2$0
DIANE MANNINGDIRECTOR
Trustee or director
2$0
DIANA MCCLUREDIRECTOR
Trustee or director
2$0
ANDREW MOTIONDIRECTOR
Trustee or director
2$0
SARAH NAGLEDIRECTOR
Trustee or director
2$0
PAT SHEPHERDDIRECTOR
Trustee or director
2$0
LAURA SMITHDIRECTOR
Trustee or director
2$0
WAYNE VANSANTDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
250 W MAIN ST STE 100, CHARLOTTESVLE, VA 22902-5000
Principal officer (990 for 2024)
JILL BYRNE, 250 WEST MAIN STREET SUITE 100, CHARLOTTESVILLE, VA 22902
Signed the 990
WILLIAM MURRILL, CFO
Phone
(434) 977-3716
Return prepared by
ROBINSON FARMER COX ASSOCIATES

Mission

TO PROMOTE THE THOROUGHBRED HORSE INDUSTRY IN VIRGINIA AND ACT AS ADVOCATE FOR INDUSTRY AND COMMONWEALTH AGRI-BUSINESS AND THOROUGHBRED HORSE INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • VTA ADMINISTERS THE VIRGINIA BREEDERS FUND VIA A CONTRACT WITH THE VIRGINIA RACING COMMISSION. PURSUANT TO THE CONTRACT, MEMBERSHIP IN VTA IS NOT REQUIRED TO PARTICIPATE IN THE BREEDERS FUND. THE BREEDERS FUND PROMOTES THE INTEREST OF THOROUGHBRED BREEDERS AND OWNERS THROUGH ANNUAL AWARDS AND PROMOTIONS.
  • VTA CONDUCTS ANNUAL MEETINGS, SEMINARS, AND AWARD LUNCHEONS THAT RECOGNIZE ACHIEVEMENTS OF ITS MEMBERS AND THOROUGHBRED HORSES AND THEIR BREEDERS AND OWNERS. SEMINARS ARE HELD TO KEEP MEMBERS ABREAST OF DEVELOPMENT IN BREEDING AND THOROUGHBRED HORSE CARE AND KEEP MEMBERS INFORMED OF RECENT DEVELOPMENTS WITHIN THE HORSE INDUSTRY.
  • VTA PUBLISHED ONLINE BLOGS AND INFORMATION VIA ITS WEBSITE DESIGNED TO EDUCATE AND INFORM MEMBERS OF SIGNIFICANT MATTERS AFFECTING THE THOROUGHBRED HORSE INDUSTRY IN VIRGINIA. ARTICLES AND INFORMATION ARE DESIGNED TO RAISE PROFESSIONALISM AMONG VTA MEMBERS AND RECOGNIZE AND ENCOURAGE DEVELOPMENT IN THOROUGHBRED HORSE INDUSTRY AND BREEDING.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0235884
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,968,831
Income (IRS master file)
$1,265,436

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$562,834$484,534$4,968,831XML
990December 2023$485,794$522,151$4,488,935XML
990December 2022$511,626$508,435$898,870IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0235884).

Questions about VIRGINIA THOROUGHBRED ASSOCIATION

What is the EIN of VIRGINIA THOROUGHBRED ASSOCIATION?
The employer identification number (EIN) of VIRGINIA THOROUGHBRED ASSOCIATION is 51-0235884.
Is VIRGINIA THOROUGHBRED ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1999.
Are donations to VIRGINIA THOROUGHBRED ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VIRGINIA THOROUGHBRED ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VIRGINIA THOROUGHBRED ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VIRGINIA THOROUGHBRED ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of VIRGINIA THOROUGHBRED ASSOCIATION?
The 990 for the year ended December 31, 2024 names JILL BYRNE.
Who are the officers and directors of VIRGINIA THOROUGHBRED ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
How much revenue does VIRGINIA THOROUGHBRED ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $562,834, expenses of $484,534 and total assets of $4,968,831 at year end.

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