Overview
What is Washington International Horse Show?
The Washington International Horse Show is an annual event held in October, primarily attracting equestrian competitors from across the United States and beyond. Situated in Annapolis, Maryland, this esteemed event serves as a platform for both entertainment and education, engaging the local Washington D.C. community while promoting charitable and military causes. With a dedicated team of four employees, the show hosts a range of competitive events and activities, drawing riders from various parts of the nation and beyond.
Official website here: www.wihs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
The Washington International Horse Show has received a low rating of 54% from Charity Navigator, indicating notable concerns regarding its accountability and financial practices. The absence of independent board members and missing key policies, such as conflict of interest and whistleblower policies, highlights significant governance issues. While the organization does report a high program expense ratio of 94.72%, suggesting that a substantial portion of its budget is directed towards its programs, the lack of transparency in financial reporting raises red flags.
Additionally, the organization has not provided financial statements, which is a major factor contributing to its low score. The failure to post the tax form on its website further diminishes trust and accessibility for potential donors and stakeholders. Although the organization has demonstrated some positive financial health with a liabilities to assets ratio of 40.59%, the overall governance and transparency shortcomings may deter potential supporters.
In summary, while the Washington International Horse Show shows a commitment to its programs, its lack of independent oversight and transparency in financial practices casts doubt on its operational integrity. Prospective donors and supporters should weigh these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Washington International Horse Show legitimate?
Washington International Horse Show is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington International Horse Show 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $261,393
For more financial information, click here
Official website here: www.wihs.org
What is the mission statement of Washington International Horse Show?
The Washington International Horse Show serves as a historically renowned equestrian event, appealing to both local and international riders. Its primary objective is to engage, entertain, and educate the community in Washington D.C., while simultaneously supporting charitable and military causes. This annual event, held in October, aims to make a positive impact beyond the realm of equestrian sports.
Official website here: www.wihs.org
Who is the CEO of Washington International Horse Show?
Victoria Lowell is the President of Washington International Horse Show.
Official website here: www.wihs.org
What is the revenue of Washington International Horse Show?
Washington International Horse Show's revenue in 2023 was $3,280,818.
Official website here: www.wihs.org
Who are the executives of Washington International Horse Show and what are their salaries?
The average compensation at Washington International Horse Show during 2023 was $65,348. There are 4 employees and 70 volunteers at Washington International Horse Show.
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Official website here: www.wihs.org
Where can I find the form 990 for Washington International Horse Show?
Washington International Horse Show's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wihs.org
Learn more at the official website: www.wihs.org
Mission Statement of Washington International Horse Show
The Washington International Horse Show, a renowned equestrian event, serves a dual purpose of engaging, entertaining, and educating the Washington D.C. community while simultaneously supporting charitable and military causes. This historic event, held annually in October, attracts riders from across the United States and beyond, showcasing world-class equestrian skills. The organization's mission is deeply rooted in giving back, using the allure of horse shows to engage the community while raising funds for worthy causes.
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Impact
July, 2024
The Washington International Horse Show has a significant impact on the Washington DC community by engaging, entertaining, and educating its residents through a world-class equestrian event. This annual show, which attracts riders from across the United States and international competitors, not only showcases top-tier equestrian talent but also supports charitable and military causes. The event serves as a platform for raising awareness and funds for important issues while providing an enriching experience for both attendees and participants.
This information is meant to be a general summary of Washington International Horse Show. 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 2023.
- Investment Income: $863
- Program Service Revenue: $3,231,564
- Gross Receipts: $3,318,577
Assets and Liabilities:
- Total Assets: $490,126
- Total Liabilities: $198,962
- Net Assets: $291,164
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Horse Show Revenue
Revenue
$3,231,564
Organization Details
Founding Year
1978
Principal Officer
Victoria Lowell
Main Address
1320 Cape St Claire Rd STE 615, Annapolis, MD, 21409
Website
www.wihs.orgNTEE Category
Code: N69Z - Recreation
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