Mission
TO ADVERTISE, FOSTER AND PROMOTE THE THOROUGHBRED HORSE INDUSTRY IN THE COMMONWEALTH OF KENTUCKY
Public Charity
KENTUCKY THOROUGHBRED ASSOCIATION INC
KENTUCKY THOROUGHBRED ASSOCIATION INC is a private foundation categorized as Public Charity based in LEXINGTON, KY. Its most recent IRS filing (2025) reports revenue of $1.3M, expenses of $873K, total assets of $897K. Imperigo tracks 11 reported grants from this foundation totaling approximately $222K.
EIN: 611034871
LEXINGTON, KY
Latest filing: 2025
Total Revenue$1.3M
Total Expenses$873K
Total Assets$897K
Grants Given11
Grant Total$222K
Filing Years2020–2025
Where $100 goes at Kentucky Thoroughbred Association Inc
How Kentucky Thoroughbred Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$67
Programs
the work itself
$33
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 $67 for programs
$67
Kta promoted the thoroughbred horse industry and, in general, assisted, promoted, and encouraged cooperative effort among racetracks, trainers, and owners for the benefit of the industry
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.
Sample Grants Given
PROGRAM SUPPORT
$37,500
DEMOCRATIC GOVERNORS ASSOCIATION
SUPPORT FOR ISSUES RELATED TO THE THOROUGHBRED HORSE INDUSTRY
$10,000
DEMOCRATIC GOVERNORS ASSOCIATION
SUPPORT FOR ISSUES RELATED TO THE THOROUGHBRED HORSE INDUSTRY
$40,000
DEMOCRATIC GOVERNORS ASSOCIATION
SUPPORT FOR ISSUES RELATED TO THE THOROUGHBRED HORSE INDUSTRY
$35,000
TO SUPPORT THE MISSION TO FUND RESEARCH, DEVELOP AND PROMOTE POLICY RECOMMENDATIONS, AND EDUCATE ON HORSE RACING SAFETY AND INTEGRITY.
$10,000
Showing up to 5 of 11 total records — full history available with membership.
Officers & Directors
DIRECTOR
Austin Luttrell
PRESIDENT
Bill Daugherty
DIRECTOR EMERITUS
Braxton Lynch
EXECUTIVE DIRECTOR
Chauncey Morris
DIRECTOR EMERITUS
Christopher L Baker
DIRECTOR EMERITUS
Clifford Barry
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.3M | $873K | $897K |
| 2024 | $842K | $860K | $853K |
| 2023 | $759K | $715K | $921K |
| 2021 | $677K | $691K | $1.2M |
| 2020 | $494K | $563K | $1.1M |
Between 2020 and 2025, reported annual revenue grew from $494K to $1.3M (+168%), with total assets most recently reported at $897K.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in DC, KY.
DCKY
Full geographic grant map with state-by-state breakdown available with membership.