EIN 72-0676064

Louisiana Thoroughbred Breeders Association

IRS 501(c) type
501(c)(6)
Num. employees
8
Year formed
1961
Most recent tax filings
2023-12-01
Description
The Louisiana Thoroughbred Breeders Association seeks to promote and further the Thoroughbred breeding industry within the state by engaging in programs for the encouragement and improvement of breeding Thoroughbred horses. It is an economic stimulus program, legislatively put in place as the official registrar of Louisiana bred thoroughbreds. Additionally, it offers a scholarship program where drawings are held to give out $1,000 scholarships at various race tracks throughout the year. The scholarships are available to any member of the general public who is present and currently eligible.
Total revenues
$9,383,782
2023
Total expenses
$9,643,800
2023
Total assets
$5,615,065
2023
Num. employees
8
2023

Program areas at Louisiana Thoroughbred Breeders Association

The Association is an economic stimulus program, legislatively put in place as the official registrar of Louisiana bred thoroughbreds and for the encouragement and improvement of Thoroughbred horses in the state of Louisiana including, but not limited to, the payment of Breeders' awards to Breeders of accredited louisiana-bred horses, supplementing purses for races written for accredited louisiana-bred horses, and payment of stallion and world wide Breeders awards.
Scholarship program:drawings were held to give out $1,000 scholarships in february at delta downs, in may at evangeline downs in august at Louisiana downs and in december at the fair grounds. Any member of the general public that was present and currently enrolled as a full-time college student was eligible to participate in the drawing. The proceeds were submitted directly to the school.
The Association publishes "the Louisiana horse magazine," the official publication of the Association, on a semiannual basis, as well as the annual "stallion register."

Financials for Louisiana Thoroughbred Breeders Association

RevenuesFYE 12/2023
Total grants, contributions, etc.$120,270
Program services$9,183,941
Investment income and dividends$79,571
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$9,383,782
Data update history
February 17, 2025
Posted financials
Added Form 990 for fiscal year 2023
May 28, 2024
Posted financials
Added Form 990 for fiscal year 2022
May 13, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 21, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Trade associationsBusiness and community development organizationsAnimal organizationsHeadquarter / parent organizations
Issues
EducationAnimalsCommunity improvementBusiness and industry
Characteristics
State / local levelReceives government fundingProvides scholarships
General information
Address
PO Box 24650
New Orleans, LA 70184
Metro area
New Orleans-Metairie, LA
County
Orleans Parish, LA
Website URL
louisianabred.com/ 
Phone
(504) 947-4676
Facebook page
louisianathoroughbredbreedersassociation 
Twitter profile
@louisianabred 
IRS details
EIN
72-0676064
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1961
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
D03: Animal-Related Professional Societies and Associations
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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