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Animals : Animal Rights, Welfare, and Services

Kentucky Horse Park Foundation

Building a strong foundation for the Kentucky Horse Park

one star

69.94

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

Board Leadership
Clay Geen
Chairman

CEO
Laura Klumb
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 69.94 one star
  Financial 57.50 one star
  Accountability & Transparency 100.00 four stars
This rating was published 10/01/2018 and includes data from FY2017, 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.

Financial

one star

57.50

Accountability & Transparency

four stars

100.00

This rating was published 10/01/2018 and includes data from FY2017, 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)
43.6%
  Administrative Expenses 29.2%
  Fundraising Expenses 27.1%
  Fundraising Efficiency $0.29
  Working Capital Ratio (years) 5.94
  Program Expenses Growth -3.6%
  Liabilities to Assets 1.7%
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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Kentucky Horse Park Foundation (KY) 69.94 one star
Last Chance for Animals (CA) 99.85 four stars
Born Free USA (MD) 88.05 three stars
American Humane (DC) 90.49 four stars
National Anti-Vivisection Society (IL) 88.41 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $742,812
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $119,745
   Related Organizations $0
   Government Grants $0
Total Contributions $862,557
   Program Service Revenue $0
Total Primary Revenue $862,557
   Other Revenue $317,685
TOTAL REVENUE $1,180,242
   
EXPENSES  
   Program Expenses $518,295
   Administrative Expenses $258,031
   Fundraising Expenses $389,809
TOTAL FUNCTIONAL EXPENSES $1,166,135
   
Payments to Affiliates $0
Excess (or Deficit) for the year $14,107
   
Net Assets $7,744,026

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
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, 2017
  • May, 2016
  • May, 2015
  • May, 2014
  • May, 2013
Compensation % of Expenses Paid to Title
$130,984 11.23% Laura Klumb Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Kentucky Horse Park Foundation (KY) 69.94 one star
American Anti-Vivisection Society (PA) 87.61 three stars
Humane Farming Association (CA) 93.52 four stars
American Kennel Club Canine Health Foundation (NC) 92.32 four stars
North Carolina Veterinary Medical Foundation (NC) 94.34 four stars

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This charity has an official representative registered with Charity Navigator.

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

Laura Klumb
Executive Director

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