Disable all preview features

Animals : Animal Rights, Welfare, and Services

Kentucky Horse Park Foundation

Building a strong foundation for the Kentucky Horse Park

two stars

76.36

4089 Iron Works Parkway Lexington, KY 40511
tel: (859) 255-5727   Web Site
EIN: 62-1257717

Board Leadership
Clay Geen
Chairman

CEO
Kathy Meyer
Interim Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 76.36 two stars
  Financial 66.57 one star
  Accountability & Transparency 100.00 four stars
This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Kentucky Horse Park Foundation utilizes the private sector to enhance, expand, and improve the Kentucky Horse Park. Since its inception in 1985, the Kentucky Horse Park Foundation has followed its mission to expand and enhance the Kentucky Horse Park. The Foundation helps enable the Kentucky Horse Park to be the unquestioned leading equestrian facility of its kind in the world and to continue to be recognized as the theme park for all horse lovers everywhere, as well as being the premier showcase for the sport and industry of horses. The Kentucky Horse Park is a unique treasure in the Bluegrass. The park's world-class show facilities welcome more than 15,000 competition horses at shows each year.

The Kentucky Horse Park Foundation utilizes the private sector to enhance, expand, and improve the Kentucky Horse Park. Since its inception in 1985, the Kentucky Horse Park Foundation has followed its mission to expand and enhance the Kentucky Horse Park. The Foundation helps enable the Kentucky Horse Park to be the unquestioned leading equestrian facility of its kind in the world and to continue to be recognized as the theme park for all horse lovers everywhere, as well as being the premier showcase for the sport and industry of horses. The Kentucky Horse Park is a unique treasure in the Bluegrass. The park's world-class show facilities welcome more than 15,000 competition horses at shows each year.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Total in 2018
Number of children served
4,325
Estimated number of funding dollars secured for the sector
1,497,530
This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

one star

66.57

Accountability & Transparency

four stars

100.00

This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
46.0%
  Administrative Expenses 23.5%
  Fundraising Expenses 30.4%
  Fundraising Efficiency $0.33
  Working Capital Ratio (years) 7.01
  Program Expenses Growth 6.6%
  Liabilities to Assets 2.1%
All data for Financial Performance Metrics calculations was provided by Kentucky Horse Park Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Kentucky Horse Park Foundation on recent 990s filed with the IRS.

Constituent Voice

Charity Navigator believes collecting feedback from the people an organization serves can make it more effective. That is why we're partnering with GuideStar by Candid to share Constituent Voice information with you. Here's how this organization is listening and learning from its constituents:
How is the organization collecting feedback?
Paper surveys, Constituent (client or resident, etc) advisory committees, Suggestion box/email
How is the organization using feedback?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve
With whom is the organization sharing feedback?
Our staff, Our board
What challenges does the organization face when collecting feedback?
Note: This organization did not select any of the multiple choice responses to this question
Describe a recent change in your organization that resulted from feedback.
Note: This organization did not answer this question
This Constituent Voice information is provided to us by Candid. At this time, Constituent Voice information published on this organization's page has no effect on its rating per our methodology.

Highly Rated

Charity Name & State Overall Score Overall Rating
Kentucky Horse Park Foundation (KY) 76.36 two stars
North Carolina Veterinary Medical Foundation (NC) 94.34 four stars
Animal Welfare Institute (DC) 99.99 four stars
Animal Legal Defense Fund (CA) 91.80 four stars
Farm Sanctuary (NY) 86.41 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,086,248
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $117,913
   Related Organizations $0
   Government Grants $0
Total Contributions $1,204,161
   Program Service Revenue $0
Total Primary Revenue $1,204,161
   Other Revenue $824,921
TOTAL REVENUE $2,029,082
   
EXPENSES  
   Program Expenses $511,201
   Administrative Expenses $264,453
   Fundraising Expenses $331,721
TOTAL FUNCTIONAL EXPENSES $1,107,375
   
Payments to Affiliates $0
Excess (or Deficit) for the year $921,707
   
Net Assets $8,969,905

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-05 10/01/2019 76.36 two stars
2017-05 10/01/2018 69.94 one star
2016-05 08/01/2018 73.54 two stars
2015-05 11/01/2016 73.48 two stars
2014-05 06/01/2016 75.98 two stars
 
CN 2.0
2014-05 09/01/2015 75.88 two stars
2013-05 10/01/2014 69.20 one star
2012-05 07/01/2013 70.73 two stars
2011-05 08/01/2012 84.14 three stars
2010-05 09/20/2011 81.98 three stars
 
CN 1.0
2010-05 06/01/2011 81.96 three stars
2009-05 10/01/2010 86.54 three stars
2008-05 09/01/2009 91.94 four stars
2007-05 07/01/2008 81.92 three stars
2006-05 02/01/2008 75.16 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 62-1257717
Name in IRS Master File KENTUCKY HORSE PARK FOUNDATION INC
NTEE Code N69
NTEE Classification Equestrian, Riding
NTEE Type Recreation, Sports, Leisure, Athletics
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
(994) Described in section 170(b)1)(a)(vi) of the Code
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date October, 1985
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End May
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • May, 2018
  • May, 2017
  • May, 2016
  • May, 2015
  • May, 2014
Compensation % of Expenses Paid to Title Compensation from Affiliates
Not compensated -- Laura Klumb Executive Director $147,045

Highly Rated

Charity Name & State Overall Score Overall Rating
Kentucky Horse Park Foundation (KY) 76.36 two stars
Animal Welfare Institute (DC) 99.99 four stars
Animal Legal Defense Fund (CA) 91.80 four stars
American Anti-Vivisection Society (PA) 85.00 three stars
American Veterinary Medical Foundation (IL) 89.13 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Constituent Voice

This organization is sharing information on how they communicate with stakeholders to better inform your giving.

Charity Contact Info

Kentucky Horse Park Foundation
4089 Iron Works Parkway
Lexington, KY 40511
tel: (859) 255-5727
fax: (859) 254-7121
EIN: 62-1257717

Visit Web Site

Board Leadership

Clay Geen
Chairman

CEO

Kathy Meyer
Interim Executive Director

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.