2026-03-13T13:00:16-07:00 2025-12-31 610990940 Summers McCrary & Sparks PSC 110 East Lowry Lane Lexington KY 40503 990 2025-01-01 610488425 THE THOROUGHBRED CLUB OF AMERICA INC THOR 8592544282 3555 RICE ROAD LEXINGTON KY 40510 W CHAPMAN HOPKINS President 2026-03-13 true Thomas S Sparks CPA P00288308 8592648785 2025 2025-03-06 01:10:19Z W CHAPMAN HOPKINS 3555 RICE ROAD LEXINGTON KY 40510 3384837 false X WWW.THETHROROUGHBREDCLUB.COM X 1932 KY TO PROMOTE, FOSTER AND ENCOURAGE BETTER BUSINESS RELATIONS IN THE THOROUGHBRED INDUSTRY 12 12 44 0 17700 17700 2788826 3326752 33975 38025 0 2840501 3382477 0 0 861403 972165 0 0 1736531 1900855 2597934 2873020 242567 509457 3980495 4504787 1283141 1309182 2697354 3195605 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. false false 2165693 1851695 CLUB RESTAURANT - CLUB PROVIDES RESTAURANT SERVICES FOR ITS MEMBERS CONVENIENCE WHILE ATTENDING RACING AND OTHER THOROUGHBRED INDUSTRY EVENTS AT KEENELAND. 37630 27426 TESTIMONIAL DINNER - DINNER TO HONOR A SPECIAL GUEST WHO MADE AN OUTSTANDING CONTRIBUTION TO THE THOROUGHBRED INDUSTRY. HISTORICAL LIBRARY - THE CLUB PROVIDES TO ITS MEMBERS AN EXTENSIVE HISTORICAL LIBRARY FOR THEIR USE IN THOROUGHBRED HORSE RESEARCH. 2203323 false false false true false false false false false true false false false true true false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 11 0 true 44 true false false false false false false false false X 12 12 false false false false true true false true true false false true false false false true true false X Laura Gardner General Manager 8592544282 3555 Rice Road LEXINGTON KY 40510 X Laura Gardner General Manager 40.00 0.00 175769 0 0 W CHAPMAN HOPKINS President 1.00 0.00 X X 0 0 0 JOE MILLER Vice President 1.00 0.00 X X 0 0 0 MEG LEVY Director 1.00 0.00 X 0 0 0 ROSEMARY HUNDLEY Director 1.00 0.00 X 0 0 0 LYNN HANCOCK Director 1.00 0.00 X 0 0 0 SUSAN SPECKERT Sergeant-At-Arm 1.00 0.00 X X 0 0 0 SUSAN BUNNING Director 1.00 0.00 X 0 0 0 BERNARD SAMS JR Director 1.00 0.00 X 0 0 0 CHARLES H BODEN Past President 1.00 0.00 X X 0 0 0 BRYAN SCHNABEL Director 1.00 0.00 X 0 0 0 LESLEY HOWARD Director 1.00 0.00 X 0 0 0 JIMMY LANFORD Secr.-Treas 1.00 0.00 X X 0 0 0 175769 1 false true false 0 17700 17700 CLUB RESTAURANT 1851695 1851695 Membership Dues & Assessments 1321868 1321868 SPECIAL EVENTS 153189 153189 3326752 40385 40385 0 0 0 2360 -2360 -2360 -2360 0 0 0 0 3382477 1359893 2004884 X 0 0 0 0 175769 102736 73033 0 582623 347404 235219 0 129360 69913 59447 84413 52336 32077 0 0 34251 9590 24661 0 0 0 82907 73940 8967 0 0 0 0 17700 15399 2301 0 0 0 4661 4661 0 185946 161773 24173 60800 52896 7904 food & beverage 595676 595676 outside services 356837 280081 76756 member activity 131915 120486 11429 MERCHANDISE 79456 79456 350706 231433 119273 2873020 2193119 679901 0 0 1468809 2042248 0 240479 241574 0 0 0 89756 106622 34136 24916 3052421 1140539 2008177 1911882 0 0 0 0 139138 177545 3980495 4504787 127583 130210 1065250 1104800 90308 74172 1283141 1309182 X 2640081 3138332 57273 57273 2697354 3195605 3980495 4504787 X 509457 -11206 X false true X true false false false true false 2252823 668190 1584633 506157 297051 209106 293441 175298 118143 1911882 LEASE PAYABLE 74172 74172 X Part III, Line 4: Description of organization's collections and how it furthers its purpose. THE ORGANIZATION'S COLLECTION CONSISTS OF PAINTINGS, BOOKS & TROPHIES RELATING TO THE THOROUGHBRED INDUSTRY DISPLAYED THROUGHOUT THE CLUB FOR MEMBERS' BENEFIT. THE ARTWORK FURTHERS THE ORGANIZATION'S EXEMPT PURPOSE AS PART OF THE PROMOTION OF THE THOROUGHBRED INDUSTRY. Part V, Line 4: Intended uses of the endowment fund. THE ORGANIZATION'S PERMANENTLY RESTRICTED ENDOWMENT CONSISTS OF ARTWORK, BOOKS & TROPHIES DISPLAYED THROUGHOUT THE CLUB AS RESOURCES AND A BENEFIT FOR MEMBERS. THE ORGANIZATION ALSO MAINTAINS A HISTORICAL LIBRARY CONSISTING OF EXTENSIVE RESEARCH MATERIALS RELATING TO THE THOROUGHBRED INDUSTRY FOR MEMBERS' USE IN THOROUGHBRED RESEARCH. THE USE OF THESE MATERIALS IS TO HELP PROVIDE A FORUM FOR THE DISCUSSION, DISSEMINATION AND INTERCHANGE OF IDEAS, METHODS AND INFORMATION RELATING TO BREEDING, RACING AND MARKETING OF THOROUGHBRED HORSES. Part X : FIN48 Footnote The Organization has evaluated the tax positions taken on all income tax returns that remain open to examination (those returns files for 2009 through 2011) by the respective taxing authorities. The Organization does not believe that there are any uncertain positions on those returns that require recognition or disclosure in the financial statements. false false false Laura Gardner General Manager 175769 175769 Form 990, Part VI, Section A, Line 6 THE MEMBERS OF THE ORGANIZATION ARE COMPRISED OF MEMBERS OF THE THOROUGHBRED INDUSTRY WHO COME TOGETHER 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 AND PROMOTION OF THE THOROUGHBRED INDUSTRY. Form 990, Part VI, Section B, Line 11b THE FINANCE COMMITTEE REVIEWS FORM 990 AND PRESENTS IT TO THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, Line 15a THE BOARD OF DIRECTORS APPROVES COMPENSATION OF THE EXECUTIVE DIRECTOR AND ANY EMPLOYEES. COMPENSATION AMOUNTS REQUIRE REVIEW AND APPROVAL BY AN HR COMMITTEE AND BY AUTHORIZATION OF THE BOARD. Form 990, Part VI, Section B, Line 15b THE BOARD OF DIRECTORS APPROVES COMPENSATION OF THE EXECUTIVE DIRECTOR AND ANY EMPLOYEES. COMPENSATION AMOUNTS REQUIRE REVIEW AND APPROVAL BY AN HR COMMITTEE AND BY AUTHORIZATION OF THE BOARD. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Form 990, Part IX, Line 24e DUES & SUBSCRIPTIONS: Column (A) - Total = $26241; Column (B) - Program Services = $26241; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e FLOWERS: Column (A) - Total = $14359; Column (B) - Program Services = $14359; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PINS & JULEP CUPS: Column (A) - Total = $55798; Column (B) - Program Services = $0; Column (C) - Management & General = $55798; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Postage and Shipping: Column (A) - Total = $19951; Column (B) - Program Services = $14764; Column (C) - Management & General = $5187; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Printing and Publications: Column (A) - Total = $2488; Column (B) - Program Services = $124; Column (C) - Management & General = $2364; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e REPAIRS AND MAINTENANCE: Column (A) - Total = $36543; Column (B) - Program Services = $400; Column (C) - Management & General = $36143; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SECURITY: Column (A) - Total = $24136; Column (B) - Program Services = $20998; Column (C) - Management & General = $3138; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SUPPLIES: Column (A) - Total = $68917; Column (B) - Program Services = $65403; Column (C) - Management & General = $3514; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e TELEPHONE: Column (A) - Total = $9509; Column (B) - Program Services = $4279; Column (C) - Management & General = $5230; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e UNIFORMS: Column (A) - Total = $32005; Column (B) - Program Services = $32005; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e UTILITIES: Column (A) - Total = $60759; Column (B) - Program Services = $52860; Column (C) - Management & General = $7899; Column (D) - Fundraising = $0 Form 990, Part XI, Line 9 DIFFERENCE IN GAIN/LOSS PER AUDIT = $129 Form 990, Part XI, Line 9 PRIOR YEAR ADJUSTMENT FROM FINANCIAL STMNT AUDIT = -$11335