Public Charity

THE THOROUGHBRED CLUB OF AMERICA INC

THE THOROUGHBRED CLUB OF AMERICA INC is a Public Charity headquartered in LEXINGTON, KY. Financial data from the 2025 filing: $3.4M revenue, $2.9M expenses, $4.5M total assets.

EIN: 610488425 LEXINGTON, KY Latest filing: 2025
Total Revenue$3.4M
Total Expenses$2.9M
Total Assets$4.5M
Grant Records0
Filing Years2021–2025

Mission

THE PRIMARY EXEMPT PURPOSE OF THE THOROUGHBRED CLUB OF AMERICA, INC. IS TO PROMOTE, FOSTER AND ENCOURAGE CLOSER COOPERATION AND BETTER BUSINESS RELATIONS IN THE THOROUGHBRED INDUSTRY; TO PROVIDE A FORUM FOR THE DISCUSSION AND INTERCHANGE OF IDEAS, METHODS AND INFORMATION RELATING TO BREEDING, RACING AND MARKETING OF THOROUGHBRED HORSES AND TO ENCOURAGE PUBLIC INTEREST THEREIN; TO GATHER AND DISSEMINATE SUCH KNOWLEDGE AND INFORMATION PERTAINING TO THE BREEDING, RAISING AND RACING OF THOROUGHBRED HORSES IN OF INTEREST AND VALUE TO PERSONS HAVING A COMMON INTEREST THEREIN; TO ENDEAVOR IN EVERY PROPER AND LAWFUL WAY TO PROMOTE BETTER BUSINESS CONDITIONS IN THE INDUSTRY.

Where $100 goes at The Thoroughbred Club of America Inc

How The Thoroughbred Club of America Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$73 Programs the work itself
$27 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $73 for programs

$71
Club restaurant
96% of program spending
$1
Testimonial dinner
2% of program spending
$1
Historical library
About 2% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Bernard Sams Jr
Director Bryan Schnabel
Past President Charles H Boden
Secr.-Treas Jimmy Lanford
Vice President Joe Miller
General Manager Laura Gardner

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $3.4M $2.9M $4.5M
2024 $2.8M $2.6M $4.0M
2023 $3.0M $2.5M $3.7M
2022 $2.2M $2.0M $3.1M
2021 $1.8M $1.6M $2.6M

Between 2021 and 2025, reported annual revenue grew from $1.8M to $3.4M (+93%), with total assets most recently reported at $4.5M.

Interactive year-over-year charts and full filing details available with membership.

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