Overview
What is Maryland Million Ltd?
Maryland Million Ltd is a nonprofit organization located at 321 Main Street, Reisterstown, Maryland 21136. Their primary focus is the promotion and education of the thoroughbred racing and breeding industry in Maryland. They organize an annual event known as Maryland Million Day, which attracts approximately 20,000 participants. The event aims to highlight and support the local thoroughbred horse breeding and racing sector.
Official website here: www.marylandthoroughbred.com
Is Maryland Million Ltd legitimate?
Maryland Million Ltd is a legitimate nonprofit organization registered as a 501(c)(6) entity. Maryland Million Ltd 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.
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Official website here: www.marylandthoroughbred.com
What is the mission statement of Maryland Million Ltd?
Maryland Million Ltd's mission is centered around the promotion of the thoroughbred horse breeding and racing industry. This organization actively works towards educating the public about thoroughbred racing and breeding. They achieve this through events such as Maryland Million Day, which attracts approximately 20,000 participants. The primary goal of Maryland Million Ltd is to foster growth and awareness within the thoroughbred horse breeding and racing sector.
Official website here: www.marylandthoroughbred.com
What is the revenue of Maryland Million Ltd?
Maryland Million Ltd's revenue in 2024 was $1,736,089.
Official website here: www.marylandthoroughbred.com
Who are the executives of Maryland Million Ltd and what are their salaries?
There 17 volunteers at Maryland Million Ltd.
Here are 17 key members and their salaries:
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Official website here: www.marylandthoroughbred.com
Where can I find the form 990 for Maryland Million Ltd?
Maryland Million Ltd's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.marylandthoroughbred.com
Learn more at the official website: www.marylandthoroughbred.com
Mission Statement of Maryland Million Ltd
Maryland Million Ltd, a prominent organization, is dedicated to advocating for and promoting the Maryland thoroughbred horse breeding and racing industry. Their mission is multifaceted, aiming to educate the public and foster interest in thoroughbred racing and breeding. This is achieved through the Maryland Million Day program, an annual event that attracts approximately 20,000 individuals. This day of racing serves not only as a platform for showcasing the talents of these horses but also as an opportunity to educate and engage the public in the world of thoroughbred racing and breeding.
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Impact
October, 2024
Maryland Million Ltd significantly enhances the Maryland thoroughbred horse breeding and racing industry through its annual Maryland Million Day program, which attracts approximately 20,000 participants. This event not only showcases the region's rich equestrian heritage but also serves as a vital educational platform for the public, promoting awareness and appreciation of thoroughbred racing and breeding. By driving attendance and participation, Maryland Million Ltd plays a crucial role in boosting the local economy, fostering community engagement, and supporting the livelihoods of those involved in the horse racing industry. The initiative highlights the state's commitment to preserving its racing traditions while encouraging new interest and investment in thoroughbred horses.
This information is meant to be a general summary of Maryland Million Ltd. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $18,532
- Program Service Revenue: $1,228,040
- Gross Receipts: $1,736,089
Assets and Liabilities:
- Total Assets: $1,964,971
- Total Liabilities: $1,170,187
- Net Assets: $794,784
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MARYLAND BRED RACE FUND
Revenue
$380,297
RACING ACT
Revenue
$334,245
PRE-ENTRY/ENTRY FEES
Revenue
$241,854
SIMULCAST REVENUE
Revenue
$109,357
HORSEMEN'S CONTRIBUTION
Revenue
$54,705
Organization Details
Founding Year
1985
Principal Officer
Cricket Goodall
Website
www.marylandthoroughbred.comNTEE Category
Code: N70 - Recreation
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