Breeders' Cup Limited

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133082904 ✦ Lexington, KY ✦ Designated as a 501(c)(6)

Overview

What is Breeders' Cup Limited?

Breeders' Cup Limited is a nonprofit organization based in Lexington, Kentucky, with a team of 43 employees. Their primary mission revolves around promoting thoroughbred racing and the industry as a whole through various channels. They execute the Breeders' Cup World Championships with top-tier quality, safety, and integrity. Their efforts extend beyond the races, involving innovative and service-driven initiatives to foster the growth of thoroughbred breeding, racing, and sales. Through promotional campaigns, including track and media promotions, they boost public awareness and support the thoroughbred industry.


Official website here: www.breederscup.com

Is Breeders' Cup Limited legitimate?

Breeders' Cup Limited is a legitimate nonprofit organization registered as a 501(c)(6) entity. Breeders' Cup Limited submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,955,084
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,833,221

For more financial information, click here


Official website here: www.breederscup.com

What is the mission statement of Breeders' Cup Limited?

Breeders' Cup Limited strives to organize the Breeders' Cup World Championships with the utmost quality, safety, and integrity. Their mission extends beyond hosting the event, as they aim to foster the growth of thoroughbred breeding, racing, and sales through proactive leadership, innovation, and service. By utilizing various promotional campaigns such as televised races, press conferences, and internet promotions, Breeders' Cup Limited increases public awareness of thoroughbred racing and the industry as a whole. Through their Championships, Challenge Series, and Nominations Program, they enhance the public perception of the thoroughbred industry, ultimately contributing to its growth.


Official website here: www.breederscup.com

Who is the CEO of Breeders' Cup Limited?

Drew Fleming is the Principal Officer of Breeders' Cup Limited. The CEO's salary of Breeders' Cup Limited is $688,654 and their total compensation is $710,412.


Official website here: www.breederscup.com

What is the revenue of Breeders' Cup Limited?

Breeders' Cup Limited's revenue in 2023 was $51,010,416.


Official website here: www.breederscup.com

Who are the executives of Breeders' Cup Limited and what are their salaries?

The average compensation at Breeders' Cup Limited during 2023 was $88,100. There are 43 employees and 25 volunteers at Breeders' Cup Limited.

Here are 25 key members and their salaries (Breeders' Cup Limited's CEO's salary is $688,654 and their total compensation is $710,412):

    Robert Drew Fleming (President & Ceo) [Trustee/Director]
  • Compensation: $688,654
  • Related: $0
  • Other: $21,758

    • John Keitt (Executive Vp & Coo)
  • Compensation: $425,991
  • Related: $0
  • Other: $37,661

    • Dora J Delgado (Executive Vp & Chief Racing Officer)
  • Compensation: $267,594
  • Related: $0
  • Other: $35,011

    • Justin N Mcdonald (Executive Vp & Cmo)
  • Compensation: $245,590
  • Related: $0
  • Other: $40,390

    • Todd Sparks (Vp Information Technology)
  • Compensation: $171,025
  • Related: $0
  • Other: $35,189

    • Heather Higgins (Sr Vp Corporate Partnerships)
  • Compensation: $175,542
  • Related: $0
  • Other: $28,762

    • Stephanie Palmieri (Vp Breeders' Cup Events)
  • Compensation: $159,831
  • Related: $0
  • Other: $18,971

    • Michael Newman (Vp, Controller)
  • Compensation: $152,544
  • Related: $0
  • Other: $18,794

    • Brandy Harmon (Sr Vp Ticketing & Venue Operations)
  • Compensation: $151,988
  • Related: $0
  • Other: $18,848

    • Tim Schram (Vp Finance & Hr, Simulcast)
  • Compensation: $152,425
  • Related: $0
  • Other: $18,382

    • William Beasley Through 21522 (Chief Strategy Officer)
  • Compensation: $21,097
  • Related: $0
  • Other: $0

    • Barbara Banke (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Antony Beck (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred W Hertrich Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bret Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clem Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gray Lyster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jimmy Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elliott Walden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Solis Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William S Farish Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gavin Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walker Hancock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Gustavson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.breederscup.com

    Where can I find the form 990 for Breeders' Cup Limited?

    The Breeders' Cup Limited’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.breederscup.com

    Learn more at the official website: www.breederscup.com

    Mission Statement of Breeders' Cup Limited

    Breeders' Cup Limited, a renowned organization, is dedicated to conducting the Breeders' Cup World Championships at the highest levels of quality, safety, and integrity. With a commitment to excellence, this esteemed body strives to promote the growth of Thoroughbred breeding, racing, and sales through proactive leadership, innovation, and service.

    By organizing the Breeders' Cup Championships, Breeders' Cup Limited elevates the Thoroughbred industry by enhancing public awareness of Thoroughbred racing and the industry as a whole. Through various promotional campaigns, the organization leaves no stone unturned in increasing public interest. These efforts include track promotions, television, radio, and internet promotions, newsfeeds, press conferences, press releases, and the Kentucky Horse Park exhibit. Each initiative is meticulously planned to captivate audiences and generate excitement around the Thoroughbred industry.

    In addition to public awareness, Breeders' Cup Limited focuses on the quality and safety of the Championships. The organization leaves no detail overlooked in ensuring a top-notch event experience for all participants. With a steadfast commitment to integrity, Breeders' Cup Limited upholds the highest standards in Thoroughbred racing, fostering an environment of trust and fairness. Through its unwavering dedication to the Breeders' Cup World Championships and the Thoroughbred industry, Breeders' Cup Limited continues to set the bar for excellence.

    Impact

    This information is meant to be a general summary of Breeders' Cup Limited. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Breeders' Cup Limited's impact lies in elevating the standards of quality, safety, and integrity in the realm of thoroughbred breeding, racing, and sales. By organizing the prestigious Breeders' Cup World Championships, they showcase the pinnacle of these industries and drive proactive leadership and innovation within them. Through initiatives like the Breeders' Cup Challenge Series and nominations program, they actively promote public awareness of thoroughbred racing, consequently fostering growth in the industry. Utilizing a range of promotional avenues such as track events, television broadcasts, radio spots, online promotions, newsfeeds, press conferences, press releases, and engaging exhibits like the one at the Kentucky Horse Park, Breeders' Cup Limited effectively boosts public interest and participation in the thoroughbred industry.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $158,472
  • Program Service Revenue: $50,850,884
  • Gross Receipts: $55,199,613

    • Assets and Liabilities:
  • Total Assets: $111,786,548
  • Total Liabilities: $20,169,720
  • Net Assets: $91,616,828
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SIMULCAST REVENUE

    Revenue

    $17,181,847

    NOMINATION FEES

    Revenue

    $15,739,225

    ENTRY FEES

    Revenue

    $8,830,000

    HOST TRACK CONTRIBUTION

    Revenue

    $5,098,412

    RIGHTS AND ROYALTIES

    Revenue

    $4,001,400

    Organization Details

    Founding Year

    1980

    Principal Officer

    Drew Fleming

    Main Address

    215 WEST MAIN STREET SUITE 250, LEXINGTON, KY, 40507

    NTEE Category

    Code: N70 - Recreation

    If you are a representative of Breeders' Cup Limited and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.