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Kentucky · Nonprofit

KENTUCKY THOROUGHBRED ASSOCIATION INC

KENTUCKY THOROUGHBRED ASSOCIATION INC (Kentucky) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being THE MT BRILLIANT FAMILY FOUNDATION (FORMERLY HGG FAMILY FOUNDATION) ($10,000). 1 of them have funded it in more than one year.

Revenue FY2025
$1.3M
Funders on record
1
Grants received
$10k
Net assets
$894k
1/1 repeat funderspeak grant-dependency 1%
01What it does

What Kentucky Thoroughbred Association Inc does

Mission

To advertise, foster and promote the thoroughbred horse industry in the commonwealth of kentucky

As stated on its FY2025 Form 990.

Program

  1. 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.

    $569,205 spentof which $121,998 as grants$840,396 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $569,205.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($388k) Expenses 100 ($333k) Net assets 100 ($705k)2018 Revenue 135 ($523k) Expenses 148 ($493k) Net assets 108 ($760k)2019 Revenue 140 ($542k) Expenses 157 ($523k) Net assets 114 ($802k)2020 Revenue 127 ($494k) Expenses 169 ($563k) Net assets 101 ($715k)2021 Revenue 175 ($677k) Expenses 207 ($691k) Net assets 118 ($830k)2022 Revenue 196 ($761k) Expenses 245 ($816k) Net assets 104 ($735k)2023 Revenue 196 ($759k) Expenses 214 ($715k) Net assets 117 ($823k)2024 Revenue 217 ($842k) Expenses 258 ($860k) Net assets 119 ($842k)2025 Revenue 342 ($1.3M) Expenses 262 ($873k) Net assets 127 ($894k)
'17'18'19'20'21'22'23'24'25
Revenue (342)Expenses (262)Net assets (127)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.2M to $923k (−23%).

$1.3M
$1.3M
$1.3M
$1.1M
$1.2M
$923k
$921k
$853k
$897k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$54k
’17
$30k
’18
$19k
’19
−$69k
’20
−$14k
’21
−$55k
’22
$44k
’23
−$18k
’24
$451k
’25
4.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Chauncey Morris

Executive director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed262727282839343438
Joined·+4+0+5+1+15+5+2+10
No longer listed·304141026
03Who funds it

Who funds it, year by year

2019 → 2022: the base held at 1 funder, grant income held at $5k.

From the IRS filings of KENTUCKY THOROUGHBRED ASSOCIATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of KENTUCKY THOROUGHBRED ASSOCIATION INC's grant income comes from Kentucky funders.

KY

In-state vs out-of-state, by year

’19
’22
Kentucky out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like KENTUCKY THOROUGHBRED ASSOCIATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

65% of spending goes to programs.

Program 65%Management 35%Fundraising 0%

Governance

37
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 3 related entities

  • Kentucky Thoroughbred Owners and Breeders Inc · exempt
  • Kentucky Thoroughbred Building Inc · exempt
  • Kentucky Thoroughbred Owners and Breeders Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for KENTUCKY THOROUGHBRED ASSOCIATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds KENTUCKY THOROUGHBRED ASSOCIATION INC?
KENTUCKY THOROUGHBRED ASSOCIATION INC (Kentucky) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being THE MT BRILLIANT FAMILY FOUNDATION (FORMERLY HGG FAMILY FOUNDATION) ($10,000). 1 of them have funded it in more than one year.
How many funders does KENTUCKY THOROUGHBRED ASSOCIATION INC have?
IRS filings report 1 organization giving $10,000 in grants to KENTUCKY THOROUGHBRED ASSOCIATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of KENTUCKY THOROUGHBRED ASSOCIATION INC?
THE MT BRILLIANT FAMILY FOUNDATION (FORMERLY HGG FAMILY FOUNDATION) is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like KENTUCKY THOROUGHBRED ASSOCIATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing