Public Charity

OKLAHOMA QUARTER HORSE RACING ASSOCIATION INC

OKLAHOMA QUARTER HORSE RACING ASSOCIATION INC, of EDMOND, OK, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.5M in revenue, $2.5M in expenses, $3.8M in total assets.

EIN: 731348198 EDMOND, OK Latest filing: 2024

Total Revenue$2.5M

Total Expenses$2.5M

Total Assets$3.8M

Grant Records0

Filing Years2019–2024

Mission

TO PROMOTE AND PROTECT THE INTEREST OF THE OKLAHOMA RACING QUARTER HORSE AND THE OWNERS, BREEDERS, AND TRAINERS OF RACING QUARTER HORSES AND ALL OTHER BREEDS PARTICIPATING IN RACING IN OKLAHOMA TO PROVIDE A FORUM FOR DISCUSSION OF LEGISLATIVE ISSUES WHICH MIGHT IMPACT QUARTER HORSE RACING AND BREEDING AND ALL OF THE OTHER BREEDS PARTICIPATING IN RACING AND BREEDING OF RACEHORSES IN OKLAHOMA; TO PROVIDE A VEHICLE FOR UNITED ACTION ON SUCH ISSUES WITH THE LEGISLATURE, THE OKLAHOMA HORSE RACING COMMISSION AND OTHER RACE OR BREED ORGANIZATIONS IN OKLAHOMA RACE TRACKS AND; TO REPRESENT OFFICIALLY OR UNOFFICIALLY OWNERS, TRAINERS AND BREEDERS AT ALL OKLAHOMA RACE TRACKS AND; TO ACTIVELY AND AGGRESSIVELY PROMOTE RACING OF ALL BREEDS INCLUDING QUARTER HORSE RACING TO THE PUBLIC, AND; TO PROMOTE RESEARCH IN EQUINE HEALTH, BREEDING AND TRAINING AND TO EDUCATE THE MEMBERSHIP IN NEW IDEAS AND TECHNIQUES, AND; TO EDUCATE AND INFORM THE PUBLIC ABOUT THE RACING QUARTER HORSE IN OKLAHOMA TO IMPROVE TH

Where $100 goes at Oklahoma Quarter Horse Racing Association Inc

How Oklahoma Quarter Horse Racing Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself

<$1 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 $100 for programs

$25

Providing administrative support, leadership, financial assistance and representation for the quarter horse industry participants at the racetrack and state regulatory agency as directed by oklahoma statutes

25% of program spending

$25

Implement and administer various programs to encourage increased participation in oklahoma horse racing (futurities, derbies) and promotion support to increase public awareness of the sport

25% of program spending

$25

Develop, maintain and distribute various forms of communication (newsletter, email, website) designed to provide information and direction to the quarter horse industry participants

25% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE/DIRE Allen Hybsha

DIRECTOR Angie Dean

OUT STATE DI Ben Hudson

DIRECTOR/EME Butch Wise

DIRECTOR Carl Pevehouse

DIRECTOR/SEC Connie Barnes

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2024	$2.5M	$2.5M	$3.8M
2023	$2.5M	$2.4M	$3.8M
2022	$2.8M	$2.6M	$3.6M
2020	$1.8M	$1.8M	$3.4M
2019	$1.9M	$1.7M	$3.1M

Between 2019 and 2024, reported annual revenue grew from $1.9M to $2.5M (+31%), with total assets most recently reported at $3.8M.

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

See the full picture for OKLAHOMA QUARTER HORSE RACING ASSOCIATION INC

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