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)

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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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $2,092,654
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,495,461

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?

Robert Drew Fleming is the CEO of Breeders' Cup Limited The CEO's salary of Breeders' Cup Limited is $742,621 and their total compensation is $766,138.


Official website here: www.breederscup.com

What is the revenue of Breeders' Cup Limited?

Breeders' Cup Limited's revenue in 2024 was $48,087,353.


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 2024 was $109,241. There are 42 employees and 252 volunteers at Breeders' Cup Limited.

Here are 23 key members and their salaries (Breeders' Cup Limited's CEO's salary is $742,621 and their total compensation is $766,138):


Barbara Banke (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bret Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred W Hertrich Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antony Beck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William S Farish Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Solis Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliott Walden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gray Lyster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clem Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Gustavson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walker Hancock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Drew Fleming (President & Ceo)
  • Compensation: $742,621
  • Related: $0
  • Other: $23,517
John Keitt (Executive Vp & Coo)
  • Compensation: $455,998
  • Related: $0
  • Other: $40,659
Dora J Delgado (Executive Vp & Chief Racing Officer)
  • Compensation: $290,760
  • Related: $0
  • Other: $37,870
Justin N Mcdonald (Executive Vp & Cmo)
  • Compensation: $275,885
  • Related: $0
  • Other: $43,962
Michael Newman (Vp, Controller)
  • Compensation: $161,753
  • Related: $0
  • Other: $19,628
Heather Higgins (Sr Vp Corporate Partnerships)
  • Compensation: $210,729
  • Related: $0
  • Other: $32,480
Brandy Harmon (Sr Vp Ticketing & Venue Operations)
  • Compensation: $186,977
  • Related: $0
  • Other: $27,268
Stephanie Palmieri (Vp Breeders' Cup Events)
  • Compensation: $168,261
  • Related: $0
  • Other: $20,162
Tim Schram (Vp Administration, Simulcasting)
  • Compensation: $164,896
  • Related: $0
  • Other: $19,793
Todd Sparks (Vp Information Technology)
  • Compensation: $181,625
  • Related: $0
  • Other: $37,674


Official website here: www.breederscup.com

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

Breeders' Cup Limited's most recent form 990 was submitted in 2024 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.

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Impact




October, 2024

Breeders' Cup Limited significantly influences the thoroughbred racing industry by conducting the Breeders' Cup World Championships, elevating the sport's standards through an emphasis on quality, safety, and integrity. This premier series not only showcases the best in thoroughbred racing but also drives public engagement and awareness through extensive promotional efforts.

Through initiatives like the Breeders' Cup Challenge Series and the nominations program, the organization enhances visibility for thoroughbred racing, encouraging both participation and fandom. Utilizing various media channels—including television, radio, and digital platforms—Breeders' Cup Limited amplifies its reach, drawing attention to the races and fostering a deeper appreciation for the sport.

Additionally, Breeders' Cup Limited plays a vital role in promoting the thoroughbred breeding and sales markets, contributing to the industry's growth. Its proactive leadership and innovative approaches inspire confidence among stakeholders and attract new fans, ensuring the continued vitality of thoroughbred racing. The emphasis on integrity and quality not only shapes public perception but also sets a benchmark for excellence within the industry. Overall, Breeders' Cup Limited is pivotal in enhancing the profile of thoroughbred racing and supporting its long-term sustainability.




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.


Financials

This financial information is from Propublica.

Revenue
$48,087,353 (2024)
Expenses
$51,247,098 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $669,783
  • Program Service Revenue: $47,148,668
  • Gross Receipts: $52,596,493

Assets and Liabilities:

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

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Programs

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

NOMINATION FEES

Revenue

$16,843,055

SIMULCAST REVENUE

Revenue

$15,747,968

ENTRY FEES

Revenue

$8,630,000

RIGHTS AND ROYALTIES

Revenue

$3,895,443

HOST TRACK CONTRIBUTION

Revenue

$2,032,202

Organization Details

Founding Year

1980

Principal Officer

Drew Fleming

NTEE Category

Code: N70 - Recreation

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