TY 2022 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

A For the 2021 calendar year, or tax year beginning 01-01-2022 , and ending 12-31-2022

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
UNITED STATES POLO ASSOCIATION INC

Doing business as

Number and street (or P.O. box if mail is not delivered to street address)
12012 SOUTH SHORE BLVD 102

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WELLINGTON, FL33414

D Employer identification number

36-3016024

E Telephone number

G Gross receipts $ 96,551,459

F Name and address of principal officer:
SUSAN PRESENT
12012 SOUTH SHORE BLVD 102
WELLINGTON,FL33414

Tax-exempt status: 501(c)(3) 501(c) ( 6 ) LeftBullet

(insert no.) 4947(a)(1) or 527

Website:

WWW.USPOLO.ORG

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number MediumBullet

K Form of organization: Corporation Trust Association Other MediumBullet

L Year of formation: 1890

M State of legal domicile: IL

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: PROMOTE, COORDINATE AND SUPERVISE NATIONAL AND INTERNATIONAL POLO GAMES.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	27
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	17
5	Total number of individuals employed in calendar year 2021 (Part V, line 2a) ......	5	144
6	Total number of volunteers (estimate if necessary) .............	6	100
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	19,281
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	10,449

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	360,874
9	Program service revenue (Part VIII, line 2g) .........	3,051,185	3,192,965
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	17,330,954	17,089,340
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	17,489,513	25,759,835
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	37,871,652	46,403,014
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	3,178,716	2,831,437
14	Benefits paid to or for members (Part IX, column (A), line 4).....	109,821	124,847
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	3,767,772	5,306,516
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	8,079,766	16,957,829
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	15,136,075	25,220,629
19	Revenue less expenses. Subtract line 18 from line 12.......	22,735,577	21,182,385
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	254,907,980	316,079,104
21	Total liabilities (Part X, line 26).............	1,468,351	75,985,847
22	Net assets or fund balances. Subtract line 21 from line 20.....	253,439,629	240,093,257

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name MediumBullet

Firm's EIN MediumBullet

Firm's address MediumBullet

Phone no.

May the IRS discuss this return with the preparer shown above? (see instructions) ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2021)

Form 990 (2021)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s mission: THE ASSOCIATION HAS BEEN ORGANIZED AND EXISTS FOR THE PURPOSES OF PROMOTING THE GAME OF POLO WITH AN OVERARCHING GOAL OF IMPROVING THE SPORT, COORDINATING THE ACTIVITIES OF ITS MEMBER CLUBS AND REGISTERED PLAYERS, ARRANGING, ALLOCATING, AND SUPERVISING POLO TOURNAMENTS, COMPETITIONS AND GAMES AND PROVIDING RULES, HANDICAPS AND CONDITIONS FOR THOSE TOURNAMENTS, COMPETITIONS AND GAMES, INCLUDING THE SAFETY AND WELFARE OF PARTICIPANTS AND MOUNTS.

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	POLO DEVELOPMENT PROGRAM- PRIMARILY FOCUSED ON THE CULTIVATION OF THE SPORT THROUGH YOUTH POLO AND CLUB DEVELOPMENT INITIATIVES. POLO DEVELOPMENT IS BROKEN INTO THREE DIVISIONS: CLUB DEVELOPMENT (POLO DEVELOPMENT INITIATIVE), INTERCOLLEGIATE/INTERSCHOLASTIC (I/I) AND PLAYER DEVELOPMENT (JUNIOR POLO AND TEAM USPA). MULTIPLE INITIATIVES AIMED AT GROWING THE SPORT OF POLO, INCLUDING PLAYER GROWTH DEVELOPMENT AND CLUB DEVELOPMENT. THE TEAM USPA PROGRAM IDENTIFIES YOUNG, TALENTED AMERICAN PLAYERS AND PROVIDES MENTORED TRAINING AND PLAYING OPPORTUNITIES LEADING TO A POOL OF HIGHER RATED AMATEUR AND PROFESSIONAL PLAYERS. THE POLO DEVELOPMENT INITIATIVE (PDI PROGRAM) SUPPORTS MEMBER CLUBS/MEMBERS HAVING A STATED PLAN, IMPLEMENTING ACCOUNTABILITY AND FUTURE SUSTAINABILITY TOWARD CONTRIBUTING TO THE SPORT OF POLO. EQUINE WELFARE, THE CARE AND WELL-BEING OF POLO PONIES IS A FOCUS OF POLO PLAYER DEVELOPMENT. JUNIOR POLO/NYTS PROGRAM PROVIDES A VENUE TO GROW YOUNGER PLAYERS IN THE SPORT OF POLO. INTERCOLLEGIATE/ INTERSCHOLASTIC PROGRAM PROMOTES AND GROWS THE SPORT OF POLO BY PROVIDING MAXIMUM EXPOSURE TO THE SPORT; RECRUITING COLLEGIATE AND SCHOLASTIC INSTITUTIONS; COORDINATING ACTIVITIES OF MEMBER SCHOOLS AND PLAYERS;PROVIDING FOR ORGANIZED COMPETITION, INCLUDING SPONSORING AND ADMINISTERING REGIONAL AND NATIONAL TOURNAMENTS WITH AN EMPHASIS ON SPORTSMANSHIP, FAIRNESS AND SAFETY NATIONWIDE. USPA TOURNAMENTS SUPPORT PLAYERS OF ALL CATEGORIES, PROVIDING A VENUE FOR COMPETING AND MAINTAINING THE SPORT OF POLO.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	POLO UMPIRE PROGRAM- THE UMPIRES LLC PROGRAM IS TO SUPPORT ALL ASPECTS OF THE UMPIRE SERVICES AND PROGRAMS WITHIN THE UNITED STATES POLO ASSOCIATION. THIS INCLUDES THE TRAINING AND CERTIFICATION OF ALL UMPIRES, THE CONSISTENT INTERPRETATION OF THE RULES ON THE FIELD AND TRAINING, THE EDUCATION OF THE PLAYERS REGARDING THE RULES AND RULES UPDATES AND THE SUPPORT OF THE USPA PROFESSIONAL UMPIRES. THE UMPIRES LLC ASPIRES TO CREATE A SAFE, RULES DRIVEN ENVIRONMENT IN EVERY CLUB IT TOUCHES, WITH THE GOALS OF ACHIEVING RESPECT AND TREATING ALL PARTICIPANTS FAIRLY.

4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	MEMBER COMMUNICATIONS/BRAND STRATEGY- INCLUDES PUBLICATIONS, MARKETING, TOURNAMENT COORDINATION, SOCIAL MEDIA INCLUDING STRATEGIES TO PROMOTE AWARENESS AND GROWTH IN THE SPORT OF POLO AMONG MEMBERSHIP AND THE GENERAL PUBLIC. MEMBERS ALSO BENEFIT FROM RECEIVING POLO PLAYERS EDITION, THE OFFICIAL PUBLICATION OF THE UNITED STATES POLO ASSOCIATION, WHICH CONTAINS REGULAR ARTICLES ABOUT GAME STRATEGY AND PLAYING TIPS, HORSE CARE, INTERNATIONAL POLO, SOCIAL NEWS, AND GAME RESULTS.

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	MEMBER SERVICES PROGRAM- SUPPORTS ALL ASPECTS OF MEMBER SERVICES AND PROGRAMS WITHIN THE UNITED STATES POLO ASSOCIATION; PROVIDING A POSITIVE MEMBER EXPERIENCE FOR THE PURPOSE OF INCREASING MEMBERSHIP TO PROMOTE THE GROWTH OF THE SPORT OF POLO; TOURNAMENT SUPPORT FOR ALL LEVELS OF PLAYERS; MEMBER PUBLICATIONS INCLUDE THE ANNUAL RULE BOOK AND YEAR BOOK WHICH ARE PROVIDED TO ENHANCE THE MEMBERSHIP UNDERSTANDING OF THE RULES OF THE SPORT OF POLO.TOURNAMENT STIMULUS PACKAGE- IN MARCH 2020, THE WORLD HEALTH ORGANIZATION DECLARED A GLOBAL PANDEMIC RELATED TO THE OUTBREAK OF A RESPIRATORY ILLNESS CAUSED BY THE CORONAVIRUS, COVID-19. THE SPREAD OF THIS VIRUS HAS IMPACTED THE UNITED STATES AND OTHER GLOBAL FINANCIAL AND RETAIL MARKETS. THE VIRUS CAUSED BUSINESS DISRUPTION. IN RESPONSE TO THE POLO SUSPENSION FIRST ENACTED IN MARCH 2020, USPA REALLOCATED FINANCIAL RESOURCES AND DEVELOPED USPA COVID-19 RELIEF PACKAGES TO HELP ALLEVIATE THE FINANCIAL STRAIN PLACED ON THE SPORT AND THE POLO COMMUNITY. COVID RELIEF PACKAGES ENDED DURING 2022, EXCEPT FOR THE TOURNAMENT STIMULUS PROGRAM, AS USPA RECOGNIZES THE NEED TO CONTINUE TO SUPPORT MEMBER CLUBS.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

Form 990 (2021)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment

List of Attached Documents:

// Content

...

Yes

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

List of Attached Documents:

// Content

.........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

List of Attached Documents:

// Content

....

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

List of Attached Documents:

// Content

..............

Yes

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

List of Attached Documents:

// Content

...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

List of Attached Documents:

// Content

.......

11b

Yes

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

List of Attached Documents:

// Content

.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

List of Attached Documents:

// Content

............

11d

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11e

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11f

Yes

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

List of Attached Documents:

// Content

......................

12a

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

List of Attached Documents:

// Content

12b

Yes

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Yes

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment

List of Attached Documents:

// Content

14b

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV..... Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..... Click to see attachment

List of Attached Documents:

// Content

Yes

Form 990 (2021)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

List of Attached Documents:

// Content

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............

24a

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................

25b

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II Click to see attachment

List of Attached Documents:

// Content

...........

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III Click to see attachment

List of Attached Documents:

// Content

.........................

Yes

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV...................... Click to see attachment

List of Attached Documents:

// Content

28a

Yes

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV..... Click to see attachment

List of Attached Documents:

// Content

28b

Yes

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................

28c

Yes

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............ Click to see attachment

List of Attached Documents:

// Content

Yes

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1......................... Click to see attachment

List of Attached Documents:

// Content

Yes

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

Yes

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ... Click to see attachment

List of Attached Documents:

// Content

35b

Yes

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI Click to see attachment

List of Attached Documents:

// Content

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

418

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Yes

Form 990 (2021)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

144

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. See instructions.

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

Yes

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

Yes

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

If "Yes," enter the name of the foreign country: MediumBullet

See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Section 501(c)(21) organizations. Did the trust, any disqualified person, or mine operator engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2021)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Yes

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Yes

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Yes

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed MediumBullet

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBullet

SUSAN PRESENT CFO12012 SOUTH SHORE BLVD 102 WELLINGTON,FL33414 (800) 232-8772

Form 990 (2021)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the
organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)			(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) CHRIS GREEN...................................................................... COO/IN-HOUSE COUNSEL	40.00 ................. 0.00		X		430,724	0	15,389
(2) SUSAN C PRESENT...................................................................... CFO	40.00 ................. 0.00		X		313,723	0	22,937
(3) CHARLES A MULDOON EXEC DIR -...................................................................... UMPIRES LLC (TO 5/23/22)	40.00 ................. 0.00			X	277,984	0	16,247
(4) CARLOS R DE ARELLANO II...................................................................... EXEC. DIR. - MEMBER SERVICES	40.00 ................. 0.00			X	242,485	0	22,691
(5) FERGUS GOULD WEST REG UMPIRE...................................................................... DIR (TO 8/22) EXEC DIR-UMPIRES LLC (FROM 8/22)	40.00 ................. 0.00			X	220,493	0	31,210
(6) JUSTIN POWERS...................................................................... EXEC. DIR. - POLO DEVELOPMENT LLC	40.00 ................. 0.00			X	198,035	0	19,973
(7) KELLY VANDERWERFF...................................................................... CONTROLLER	40.00 ................. 0.00			X	135,999	0	22,966
(8) ROBIN SANCHEZ...................................................................... TRUSTEE	2.00 ................. 0.00	X			74,875	0	0
(9) JULIO ARELLANO...................................................................... TRUSTEE	2.00 ................. 0.00	X			0	0	35,000
(10) HALEY BRYAN...................................................................... TRUSTEE (FROM 11/22)	2.00 ................. 0.00	X			20,427	0	0
(11) CINDY HALLE...................................................................... TRUSTEE (FROM 11/22)	2.00 ................. 0.00	X			11,375	0	0
(12) ANTHONY L COPPOLA...................................................................... PRES (TO 10/22) TRUSTEE (FROM 11/22)	10.00 ................. 0.00	X	X		0	0	0
(13) CHARLES SMITH SEC TO 1022...................................................................... PRESIDENT (FROM 11/22)	10.00 ................. 0.20	X	X		0	0	0
(14) CHRYS BEAL...................................................................... TRUSTEE (TO 11/22), SEC. (FROM 11/22)	2.00 ................. 0.00	X	X		0	0	0
(15) STEVEN RUDOLPH...................................................................... TREASURER	10.00 ................. 0.00	X	X		0	0	0
(16) STEWART ARMSTRONG...................................................................... CHAIRMAN	10.00 ................. 0.20	X	X		0	0	0
(17) BILL KIRTON...................................................................... TRUSTEE	10.00 ................. 0.20	X			0	0	0

Form 990 (2021)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) CECELIA COCHRAN........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(19) CLIFTON YANDELL........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(20) DANIEL K WALKER........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(21) ERICA GANDOMCAR-SACHS........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(22) JORGE VASQUEZ........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(23) JOSEPH MULDOON........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(24) LEIGHTON JORDAN........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(25) LIZ BRAYBOY........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(26) MICHAEL CARNEY........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(27) DR MICHAEL MANNO........................................................................ TRUSTEE (FROM 11/22)	2.00 .......................0.00	X	0	0	0
(28) PAMELA FLANAGAN........................................................................ TRUSTEE (TO 10/22)	2.00 .......................0.00	X	0	0	0
(29) PAUL JORNAYVAZ........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(30) PETER RIZZO........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(31) ROBERT MCMURTRY........................................................................ TRUSTEE (TO 10/22)	2.00 .......................0.00	X	0	0	0
(32) ROBERT ORTHWEIN........................................................................ TRUSTEE (FROM 11/22)	2.00 .......................0.00	X	0	0	0
(33) SHERYL SICK........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(34) STEPHEN A ORTHWEIN JR........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(35) STEVE S ARMOUR........................................................................ TRUSTEE (TO 10/22)	2.00 .......................0.00	X	0	0	0
(36) THOMAS GOSE........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0
(37) VICKY OWENS........................................................................ TRUSTEE (T0 10/22)	2.00 .......................0.00	X	0	0	0
(38) WILLIAM RAAB........................................................................ TRUSTEE	2.00 .......................0.00	X	0	0	0

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	1,926,120	0	186,413

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

Yes

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
J-5 EQUESTRIAN LLC 1001 17TH STREET SUITE 1050 DENVER,CO80202	TOURNAMENT HOST/PROVIDER OF POLO PONIES	1,650,000
H & J CONTRACTING INC 3160 FAIRLANE FARMS ROAD WELLINGTON,FL33414	GENERAL CONTRACTOR	918,691
CHUKKERTV LLC 3629 AIKEN COURT WELLINGTON,FL33414	BROADCASTING/PRODUCTION	700,000
SHUTTS & BOWEN LLP 200 S BISCAYNE BLVD SUITE 4100 MIAMI,FL33131	LEGAL SERVICES	645,321
5 STAR BUILDERS INC OF WPB 2180 FAIRLANE FARMS RD SUITE 2 WELLINGTON,FL33414	GENERAL CONTRACTOR	294,590
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 21

Form 990 (2021)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	330,874

f	All other contributions, gifts, grants, and similar amounts not included above		1f	30,000

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		360,874

		Business Code
2a	UMPIRING	711300	1,768,235	1,768,235
b	MEMBERSHIP DUES	711300	934,400	934,400
c	TOURNAMENTS	711300	245,918	245,918
d	MEDIA RIGHTS	711300	100,000	100,000
e	MAGAZINE FEES	711300	53,902	53,902
f	All other program service revenue.		90,510	71,229	19,281
g	Total. Add lines 2a–2f .....		3,192,965

3 Investment income (including dividends, interest, and othersimilar amounts) ......			12,893,676			12,893,676
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........			25,681,731			25,681,731
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory	12,701,825	41,642,284	7a
b	Less: cost or other basis and sales expenses	12,514,400	37,634,045	7b
c	Gain or (loss)	187,425	4,008,239	7c
d	Net gain or (loss).........			4,195,664			4,195,664
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	FIELD LEASE INCOME		532000	78,104	78,104
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			78,104
12	Total revenue. See instructions.....			46,403,014	3,251,788	19,281	42,771,071

Form 990 (2021)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	1,982,171
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	500,817
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	348,449
4	Benefits paid to or for members .......	124,847
5	Compensation of current officers, directors, trustees, and key employees ...........	749,583
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	3,593,679
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	102,765
9	Other employee benefits .......	542,135
10	Payroll taxes ...........	318,354
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	211,976
c	Accounting ...........	83,426
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	244,421
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	486,353
12	Advertising and promotion ....
13	Office expenses .......	1,872,361
14	Information technology ......	67,630
15	Royalties ..
16	Occupancy ...........	104,992
17	Travel ............	409,749
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	190,096
20	Interest ...........	1,573,611
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	60,897
23	Insurance ...	984,572
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	UMPIRING EXPENSES	3,577,112
b	MEMBER SERVICES	3,450,386
c	BRAND STRATEGY	1,258,771
d	GROUNDS & FACILITIES	1,237,143
e	All other expenses	1,144,333
25	Total functional expenses. Add lines 1 through 24e	25,220,629
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2021)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........			1,105,441	1	2,677,992
2	Savings and temporary cash investments .........			17,410,718	2	13,268,091
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			3,729,904	4	5,398,035
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			1,159,911	9	1,063,868
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	113,986,814
b	Less: accumulated depreciation	10b	165,187	132,610	10c	113,821,627
11	Investments—publicly traded securities .			192,934,390	11	131,717,998
12	Investments—other securities. See Part IV, line 11 .....			38,085,006	12	46,998,797
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............			350,000	14	350,000
15	Other assets. See Part IV, line 11 ...........			0	15	782,696
16	Total assets. Add lines 1 through 15 (must equal line 33)...			254,907,980	16	316,079,104

17	Accounts payable and accrued expenses .....	1,210,710	17	2,216,578
18	Grants payable ...		18
19	Deferred revenue .........	257,641	19	2,519,269
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23	71,250,000
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D		25
26	Total liabilities. Add lines 17 through 25..	1,468,351	26	75,985,847

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	253,439,629	27	240,093,257
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	253,439,629	32	240,093,257
33	Total liabilities and net assets/fund balances ........	254,907,980	33	316,079,104

Form 990 (2021)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

46,403,014

Total expenses (must equal Part IX, column (A), line 25) ............

25,220,629

Revenue less expenses. Subtract line 2 from line 1 ..............

21,182,385

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

253,439,629

Net unrealized gains (losses) on investments ...............

-34,528,757

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

240,093,257

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Form 990 (2021)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2022

Name of the organization

UNITED STATES POLO ASSOCIATION INC

Employer identification number

36-3016024

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2022)

Schedule B (Form 990) (2022) Page 2

Name of organization UNITED STATES POLO ASSOCIATION INC

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)

Schedule B (Form 990) (2022)

Page 3

Name of organization UNITED STATES POLO ASSOCIATION INC		Employer identification number 36-3016024

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2022)

Schedule B (Form 990) (2022)

Page 4


Name of organization UNITED STATES POLO ASSOCIATION INC			Employer identification number 36-3016024
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2022)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

UNITED STATES POLO ASSOCIATION INC

Employer identification number

36-3016024

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2021

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Term endowment SchDMd Bullet

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....	113,296,982		113,296,982
c	Leasehold improvements	40,878	24,584	16,294
d	Equipment ....	477,300	75,022	402,278
e	Other .....	171,654	65,581	106,073
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				113,821,627

Schedule D (Form 990) 2021

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........	46,998,797	C
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	46,998,797

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2021

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1..................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................		4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................		2e
3	Subtract line 2e from line 1...................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................		4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART III, LINE 1A:	THE USPA MAINTAINS A COLLECTION OF VALUABLE TROPHIES WITH AN APPRAISED VALUE OF APPROXIMATELY $500,000 THAT ARE ON DISPLAY AT THE MUSEUM OF POLO AND HALL OF FAME AND OTHER LOCATIONS. THE VALUE OF THIS COLLECTION HAS BEEN EXCLUDED FROM THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. MANAGEMENT HAS ELECTED TO EXPENSE ALL COSTS RELATED TO THE COLLECTIONS, INCLUDING THE COST TO REFURBISH THESE ASSETS, IN THE PERIOD THESE EXPENSES ARE INCURRED. DURING THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THE AMOUNTS EXPENSED FOR COLLECTIONS WERE NOT MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS.
PART III, LINE 4:	THE UNITED STATES POLO ASSOCIATION (USPA) MAINTAINS A COLLECTION OF VALUABLE TROPHIES THAT ARE ON DISPLAY AND SERVES AS EVIDENCE OF THE VICTORY OF THE COMPETITION AND THE REWARD OF THE HIGH SKILL LEVEL ACHIEVED IN SUPPORT OF THE USPA'S MISSION.

Return Reference

Explanation

PART III, LINE 1A:

THE USPA MAINTAINS A COLLECTION OF VALUABLE TROPHIES WITH AN APPRAISED VALUE OF APPROXIMATELY $500,000 THAT ARE ON DISPLAY AT THE MUSEUM OF POLO AND HALL OF FAME AND OTHER LOCATIONS. THE VALUE OF THIS COLLECTION HAS BEEN EXCLUDED FROM THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. MANAGEMENT HAS ELECTED TO EXPENSE ALL COSTS RELATED TO THE COLLECTIONS, INCLUDING THE COST TO REFURBISH THESE ASSETS, IN THE PERIOD THESE EXPENSES ARE INCURRED. DURING THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THE AMOUNTS EXPENSED FOR COLLECTIONS WERE NOT MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS.

PART III, LINE 4:

THE UNITED STATES POLO ASSOCIATION (USPA) MAINTAINS A COLLECTION OF VALUABLE TROPHIES THAT ARE ON DISPLAY AND SERVES AS EVIDENCE OF THE VICTORY OF THE COMPETITION AND THE REWARD OF THE HIGH SKILL LEVEL ACHIEVED IN SUPPORT OF THE USPA'S MISSION.

Schedule D (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16. Right pointing arrow large image

Attach to Form 990. Right pointing arrow large image

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization
UNITED STATES POLO ASSOCIATION INC

Employer identification number

36-3016024

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees, agents, and independent contractors in the region	(d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in the region	(f) Total expenditures for and investments in the region
	NORTH AMERICA	0	8	PROGRAM SERVICES	UMPIRE SERVICES	39,785
	EUROPE (INCLUDING ICELAND & GREENLAND)	0	5	PROGRAM SERVICES	TOURNAMENT EVENT	17,606
	NORTH AMERICA	0	2	PROGRAM SERVICES	TOURNAMENT EVENT	1,764
	SOUTH AMERICA	0	15	PROGRAM SERVICES	TOURNAMENT EVENT	84,628
	SOUTH AMERICA	0	2	PROGRAM SERVICES	UMPIRE SERVICES	3,679
	NORTH AMERICA	0	1	GRANT-MAKING		87,659
	SOUTH AMERICA	0	1	GRANT-MAKING		260,790










3a	Sub-total ....	0	34			495,911
b	Total from continuation sheets to Part I ...	0	0			0
c	Totals (add lines 3a and 3b)	0	34			495,911

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2022

Schedule F (Form 990) 2022

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement	(g) Amount of noncash assistance
NORTH AMERICA	CLUB AND MEMBERSHIP DEVELOPMENT	12,618	ELECTRONIC FUND/WIRE TRANSFER	0
NORTH AMERICA	CLUB AND MEMBERSHIP DEVELOPMENT	6,054	ELECTRONIC FUND/WIRE TRANSFER	0
NORTH AMERICA	CLUB AND MEMBERSHIP DEVELOPMENT	15,472	ELECTRONIC FUND/WIRE TRANSFER	0
NORTH AMERICA	CLUB AND MEMBERSHIP DEVELOPMENT	6,542	ELECTRONIC FUND/WIRE TRANSFER	0
NORTH AMERICA	CLUB AND MEMBERSHIP DEVELOPMENT	10,000	ELECTRONIC FUND/WIRE TRANSFER	0
NORTH AMERICA	CLUB AND MEMBERSHIP DEVELOPMENT	26,222	ELECTRONIC FUND/WIRE TRANSFER	0
NORTH AMERICA	CLUB AND MEMBERSHIP DEVELOPMENT	10,751	ELECTRONIC FUND/WIRE TRANSFER	0

2	Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......	0
3	Enter total number of other organizations or entities .......................	7

Schedule F (Form 990) 2022

Schedule F (Form 990) 2022Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

	(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement
TEAM USPA GRANT	SOUTH AMERICA	7	208,000	ELECTRONIC FUND/WIRE TRANSFER
YOUNG PLAYER OUTREACH GRANT	SOUTH AMERICA	7	52,790	ELECTRONIC FUND/WIRE TRANSFER

Schedule F (Form 990) 2022

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2022

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.

ReturnReference	Explanation
PART I, LINE 2:	GRANT AWARDS UNDERGO EVALUATION BASED ON GOALS, OBJECTIVES, AND METRICS TAILORED TO THE SPECIFIC GRANT CATEGORY, AS APPROVED BY USPA LEADERSHIP. TO MAINTAIN ACCOUNTABILITY AND OVERSIGHT, SCORECARDS, PROGRESS REPORTS, AND CLUB VISITS ARE CONDUCTED AS REQUIRED.
PART I, LINE 3:	THE AMOUNTS REPORTED IN SCHEDULE F WERE DETERMINED USING THE ACCRUAL METHOD OF ACCOUNTING.
PART III ACCOUNTING METHOD:

Schedule F (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2022

Open to Public
Inspection

Name of the organization
UNITED STATES POLO ASSOCIATION INC

Employer identification number
36-3016024

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) ACOAXET POLO CLUB AND FARM LLC 1942 CRANDALL ROAD TIVERTON,RI02878	45-4028747		16,000	CLUB AND MEMBERSHIP DEVELOPMENT
(2) AIKEN POLO CLUB INC PO BOX 3021 AIKEN,SC29802	57-0778833		18,686	CLUB AND MEMBERSHIP DEVELOPMENT
(3) AMERITINA POLO FARM LLC 608 230TH STREET WOODVILLE,WI54028	46-1168709		13,672	CLUB AND MEMBERSHIP DEVELOPMENT
(4) BAREFIELD POLO CLUB LLC 509 BYRAM KINGWOOD ROAD FRENCHTOWN,NJ08825	45-5063452		9,256	CLUB AND MEMBERSHIP DEVELOPMENT
(5) BARRINGTON HILLS POLO CLUB 208 A-BRAEBURN ROAD BARRINGTON HILLS,IL60010	34-4230561	501(C)(7)	29,850	CLUB AND MEMBERSHIP DEVELOPMENT
(6) BEVERLY EQUESTRIAN 7120 BEVERLY LANE THE PLAINS,VA20198	27-3815726		31,050	CLUB AND MEMBERSHIP DEVELOPMENT
(7) BIG HORN POLO CLUB PO BOX 247 SHERIDAN,WY82801	83-0331398		22,635	CLUB AND MEMBERSHIP DEVELOPMENT
(8) BLOOMFIELD FARM LLC 18 BLOOMFIELD ROAD SARATOGA SPRINGS,NY12866	46-3141241		22,848	CLUB AND MEMBERSHIP DEVELOPMENT
(9) BRANDYWINE POLO CLUB 101 EAST STREET ROAD KENNETT SQUARE,PA19348	74-3033842		44,942	CLUB AND MEMBERSHIP DEVELOPMENT
(10) BUTTERWORTH FARM LLC DBA GIANT VALLEY FARM 640 TUTTLE AVENUE HAMDEN,CT06518	06-1469996		10,299	CLUB AND MEMBERSHIP DEVELOPMENT
(11) CENTRAL COAST POLO CLUB INC 2320 CLARK VALLEY ROAD LOS OSOS,CA93402	71-0891330	501(C)(3)	29,690	CLUB AND MEMBERSHIP DEVELOPMENT
(12) CENTRAL NEW YORK POLO CLUB INC 1112 HECTOR STREET ITHACA,NY14850	81-5336873	501(C)(3)	5,451	CLUB AND MEMBERSHIP DEVELOPMENT
(13) CENTRAL TEXAS POLO ASSOCIATION 522 WILKEY ROAD POTEET,TX78065	81-2089868	501(C)(7)	52,734	CLUB AND MEMBERSHIP DEVELOPMENT
(14) CERRO PAMPA POLO CLUB 1808 WEDEMEYER STREET SUITE 218 SAN FRANCISCO,CA94129	46-4497585		21,816	CLUB AND MEMBERSHIP DEVELOPMENT
(15) CHICAGO POLO ASSOCIATION 552 S WASHINGTON STREET SUITE 100 NAPERVILLE,IL60540	82-4972555	501(C)(7)	15,548	CLUB AND MEMBERSHIP DEVELOPMENT
(16) COMMONWEALTH POLO CLUB LLC 2665 BETHELHEM ROAD PARIS,KY40361	81-4315287		9,516	CLUB AND MEMBERSHIP DEVELOPMENT
(17) CONGRESSIONAL POLO LLC 2101 GAITHER ROAD SUITE 510 ROCKVILLE,MD20850	47-5459307		7,034	CLUB AND MEMBERSHIP DEVELOPMENT
(18) CTS PROPERTIES LTD DBA BROOKSHIRE POLO CLUB 109 NORTH POST OAK LANE SUITE 203 HOUSTON,TX77024	76-0621795		49,897	CLUB AND MEMBERSHIP DEVELOPMENT
(19) DALLAS DRAGOONS POLO INC 2201 MAIN STREET 205 DALLAS,TX75201	75-2286952		6,905	CLUB AND MEMBERSHIP DEVELOPMENT
(20) DDB CUSTOMS INC DBA TRIANGLE AREA POLO CLUB 9239 HESTER ROAD HURDLE MILLS,NC27541	56-1908757		8,792	CLUB AND MEMBERSHIP DEVELOPMENT
(21) DETROIT POLO CLUB 17 LIDDY DRIVE BRIGHTON,MI48114	82-3633875	501(C)(7)	7,250	CLUB AND MEMBERSHIP DEVELOPMENT
(22) EASTERN SHORE POLO CLUB DBA POINT CLEAR POLO CLUB 13456 COUNTY ROAD 48 SILVERHILL,AL36576	74-3039021		12,502	CLUB AND MEMBERSHIP DEVELOPMENT
(23) EL CASO POLO & EQUESTRIAN CENTER 1 POLO CLUB DRIVE QUEMADO,NM87829	84-2161814		10,243	CLUB AND MEMBERSHIP DEVELOPMENT
(24) ELDORADO POLO CLUB 50950 MADISON STREET INDIO,CA92201	46-2856594		26,160	CLUB AND MEMBERSHIP DEVELOPMENT
(25) FAIRFIELD COUNTY HUNT CLUB 174 LONG LOTS ROAD WESTPORT,CT06880	06-0338170		12,500	CLUB AND MEMBERSHIP DEVELOPMENT
(26) FAIRFIELD POLO ASSOCIATION 125 NORTH MARKET SUITE 1015 WICHITA,KS67202	48-0852246		14,000	CLUB AND MEMBERSHIP DEVELOPMENT
(27) FARMINGTON POLO CLUB 275 SCHOOLHOUSE ROAD CHESHIRE,CT06410	47-4600912		5,336	CLUB AND MEMBERSHIP DEVELOPMENT
(28) FIVE F'S INVESTMENTS LLC 5601 NARANJO ROAD SANTA TERESA,NM88008	27-3287354		11,310	CLUB AND MEMBERSHIP DEVELOPMENT
(29) FLOURNOY PARTNERS LLC 233 12TH STREET SUITE 900 COLUMBUS,GA31901	47-2468441		5,901	CLUB AND MEMBERSHIP DEVELOPMENT
(30) FOXLEASE FARMS LLC 33846 FOXLEASE LANE UPPERVILLE,VA20184	52-2074511		15,733	CLUB AND MEMBERSHIP DEVELOPMENT
(31) GARDNERTOWN POLO INC 822 GARDNERTOWN FARMS ROAD NEWBURGH,NY12550	14-1751562		14,543	CLUB AND MEMBERSHIP DEVELOPMENT
(32) GARRISON FOREST SCHOOL INC 300 GARRISON FOREST ROAD OWINGS MILLS,MD21117	52-0591516	501(C)(3)	14,975	CLUB AND MEMBERSHIP DEVELOPMENT
(33) GMPOLO LLC 10936 N PORT WASHINGTON RD STE 240 MEQUON,WI53092	86-3498184		6,000	CLUB AND MEMBERSHIP DEVELOPMENT
(34) GPC ALLAMUCHY LLC 39 PLOTTS ROAD NEWTON,NJ07860	87-2590234		17,906	CLUB AND MEMBERSHIP DEVELOPMENT
(35) GRACIDA LEGACY II INC 2899 FLORENCE STREET WELLINGTON,FL33414	46-5271509		6,000	CLUB AND MEMBERSHIP DEVELOPMENT
(36) GREEN HORSE POLO PARK HOA INC 84393 61ST AVENUE THERMAL,CA92274	33-0383168		15,000	CLUB AND MEMBERSHIP DEVELOPMENT
(37) GREENWICH POLO CLUB INC 80 FIELD POINT ROAD GREENWICH,CT06830	06-1103871		14,200	CLUB AND MEMBERSHIP DEVELOPMENT
(38) HAVILAND HOLLOW POLO CLUB LLC 815 EAST BRANCH ROAD PATTERSON,NY12563	51-0645222		11,000	CLUB AND MEMBERSHIP DEVELOPMENT
(39) HAWAII POLO PRODUCTIONS LLC DBA HAWAII POLO LIFE 900 FORT STREET MALL SUITE 1850 HONOLULU,HI96813	82-1634659		30,000	CLUB AND MEMBERSHIP DEVELOPMENT
(40) HAWAII POLO SCHOOL & TRAINING FOUND DBA HAWAII POLO CLUB 68-411 FARRINGTON HIGHWAY WAIALUA,HI96791	20-1259465	501(C)(3)	20,000	CLUB AND MEMBERSHIP DEVELOPMENT
(41) HOUSTON POLO CLUB 8552 MEMORIAL DRIVE HOUSTON,TX77024	76-0046253	501(C)(7)	54,934	CLUB AND MEMBERSHIP DEVELOPMENT
(42) INSTINCT HELMETS LTD ACORN HOUSE 33 CHURCHFIELD ROAD LONDON W3 6AY UK			7,370	CLUB AND MEMBERSHIP DEVELOPMENT
(43) JACKSON HOLE POLO CLUB PO BOX 949 JACKSON,WY83001	83-0295232		7,000	CLUB AND MEMBERSHIP DEVELOPMENT
(44) KYLIE SHEEHAN LLC 16676 HOLLOW TREE LANE WELLINGTON,FL33470	83-0987882		10,000	CLUB AND MEMBERSHIP DEVELOPMENT
(45) LA CONNER POLO CLUB DBA GEORGE DILL FARMS LLC 16278 LA CONNER WHITNEY ROAD LA CONNER,WA98257	75-3060825		10,509	CLUB AND MEMBERSHIP DEVELOPMENT
(46) LA DALILA POLO LLC 11790 SAINT ANDREWS PLACE APT 307 WELLINGTON,FL33414	83-3200756		10,860	CLUB AND MEMBERSHIP DEVELOPMENT
(47) LA GRANDE POLO CLUB 901 WASHINGTON AVENUE LA GRANDE,OR97850	93-1255400		10,398	CLUB AND MEMBERSHIP DEVELOPMENT
(48) LA HERRADURA DE PALM BEACH INC 12788 W FOREST HILLS BLVD STE 2005 WELLINGTON,FL33414	65-0043304		13,931	CLUB AND MEMBERSHIP DEVELOPMENT
(49) LAS BRISAS POLO CLUB LLC 205 NORTH MICHIGAN AVENUE SUITE 3770 CHICAGO,IL60601	86-3703466		72,194	CLUB AND MEMBERSHIP DEVELOPMENT
(50) LEXINGTON POLO ASSOCIATION 2665 BETHLEHEM ROAD PARIS,KY40361	31-0973518		8,224	CLUB AND MEMBERSHIP DEVELOPMENT
(51) LIBERTY HALL PLANTATION LLC 15191 MONTANUS DRIVE 308 CULPEPER,VA22701	30-1166391		20,640	CLUB AND MEMBERSHIP DEVELOPMENT
(52) LIGONIER POLO ASSOCIATION 754 DARLINGTON ROAD LIGONIER,PA15658	85-1558158	501(C)(3)	24,217	CLUB AND MEMBERSHIP DEVELOPMENT
(53) THE LOUISVILLE POLO CLUB INC 24 RIVER HILL ROAD LOUISVILLE,KY40207	20-0054258	501(C)(4)	20,000	CLUB AND MEMBERSHIP DEVELOPMENT
(54) MASHOMACK POLO INC PO BOX D MILLBROOK,NY12545	82-3775613		14,000	CLUB AND MEMBERSHIP DEVELOPMENT
(55) MAUI POLO CLUB ASSOCIATION 415 DAIRY ROAD SUITE C KAHULUI,HI96732	27-2116233	501(C)(7)	6,000	CLUB AND MEMBERSHIP DEVELOPMENT
(56) MIDLAND POLO CLUB INC PO BOX 81113 MIDLAND,TX79708	75-1224576		5,422	CLUB AND MEMBERSHIP DEVELOPMENT
(57) MOUNTAIN VIEW POLO LLC 261 FALCON RIDGE DRIVE CHARLES TOWN,WV25414	45-2873877		10,729	CLUB AND MEMBERSHIP DEVELOPMENT
(58) MYOPIA HUNT CLUB 435 BAY ROAD SOUTH HAMILTON,MA01982	04-1648210	501(C)(7)	64,000	CLUB AND MEMBERSHIP DEVELOPMENT
(59) NEW BRIDGE POLO CLUB INC 862 NEW BRIDGE ROAD AIKEN,SC29803	20-0485702		12,810	CLUB AND MEMBERSHIP DEVELOPMENT
(60) NEW ORLEANS POLO CLUB PO BOX 1202 FOLSOM,LA70437	27-0584800		8,500	CLUB AND MEMBERSHIP DEVELOPMENT
(61) NEWPORT POLO INC 2503 EAST MAIN ROAD PORTSMOUTH,RI02871	05-0458298		13,694	CLUB AND MEMBERSHIP DEVELOPMENT
(62) OF HORSE YOU CAN DBA DENVER POLO CLUB 10415 ROXBOROUGH PARK ROAD LITTLETON,CO80125	47-2756518		40,493	CLUB AND MEMBERSHIP DEVELOPMENT
(63) PCM INC DBA MARYLAND POLO CLUB 1701 GREENSPRING VALLEY ROAD STEVENSON,MD21153	52-1491603		26,812	CLUB AND MEMBERSHIP DEVELOPMENT
(64) PLAY POLO LLC 6351 HARLEM ROAD WESTERVILLE,OH43082	46-1416129		10,043	CLUB AND MEMBERSHIP DEVELOPMENT
(65) POLO RIENDA MEXICANA LLC DBA LEGENDS HORSE RANCH 3520 GRANADA AVENUE DALLAS,TX75205	46-4457782		14,783	CLUB AND MEMBERSHIP DEVELOPMENT
(66) PRESTONWOOD POLO CLUB LLC 25 HIGHLAND PARK VILLAGE SUITE 100-464 DALLAS,TX75205	47-2374200		14,674	CLUB AND MEMBERSHIP DEVELOPMENT
(67) PROPERTY CONCEPTS DBA MORGAN CREEK FARM 2679 US HIGHWAY 34 OSWEGO,IL60543	36-2818462		5,861	CLUB AND MEMBERSHIP DEVELOPMENT
(68) RANCHO SILVERADO STABLES LLC DBA OC POLO 23615 EL TORO BLVD BOX X 354 LAKE FOREST,CA92630	47-4162220		52,795	CLUB AND MEMBERSHIP DEVELOPMENT
(69) RIVER VALLEY EQUESTRIAN CENTER DBA LAKE SIDE POLO 10631 ASHWOOD STREET LAKESIDE,CA92040	46-5445238		20,588	CLUB AND MEMBERSHIP DEVELOPMENT
(70) ROSELAND FARM POLO CLUB LLC 6550 ROSELAND FARM CROZET,VA22932	86-1717047		22,906	CLUB AND MEMBERSHIP DEVELOPMENT
(71) SAN ANTONIO POLO CLUB LLC 490 WEST SPECHT ROAD SAN ANTONIO,TX78260	80-0913133	501(C)(3)	9,653	CLUB AND MEMBERSHIP DEVELOPMENT
(72) SANTA BARBARA POLO & RACQUET CLUB 3375 FOOTHILL ROAD 1200 CARPINTERIA,CA93013	95-2771762		50,169	CLUB AND MEMBERSHIP DEVELOPMENT
(73) SANTA ROSA POLO CLUB DBA WINE COUNTRY PO BOX NN SANTA ROSA,CA95402	68-0266351		10,500	CLUB AND MEMBERSHIP DEVELOPMENT
(74) SANTINO MAGRINI DBA CACHEKO LLC 2872 WINDING OAK LANE APARTMENT C WELLINGTON,FL33414	85-3460506		36,667	CLUB AND MEMBERSHIP DEVELOPMENT
(75) SARASOTA SADDLE & SAIL LLC DBA SARASOTA POLO CLUB 8201 POLO CLUB LANE LAKEWOOD RANCH,FL34240	82-4871144		13,575	CLUB AND MEMBERSHIP DEVELOPMENT
(76) SCHOLARSHIP AMERICA INC 7900 INTERNATIONAL DRIVE SUITE 500 MINNEAPOLIS,MN55425	04-2296967	501(C)(3)	72,000	CLUB AND MEMBERSHIP DEVELOPMENT
(77) SEATTLE POLO & EQUESTRIAN CLUB 425 WESTLAKE AVENUE NORTH SEATTLE,WA98109	46-0698337		9,806	CLUB AND MEMBERSHIP DEVELOPMENT
(78) SKANEATELES POLO INC 783 ANDREWS ROAD SKANEATELES,NY13152	06-1195509		15,005	CLUB AND MEMBERSHIP DEVELOPMENT
(79) SOUTH BAY POLO INC 1290 MASTEN AVENUE GILROY,CA95020	84-3435073		19,597	CLUB AND MEMBERSHIP DEVELOPMENT
(80) SOUTHFIELDS REAL ESTATE INC 13304 INDIAN MOUND ROAD WELLINGTON,FL33414	65-0157848		10,000	CLUB AND MEMBERSHIP DEVELOPMENT
(81) SPOKANE POLO CLUB 7714 WEST SUNSET HIGHWAY SPOKANE,WA99224	91-6055815	501(C)(3)	16,360	CLUB AND MEMBERSHIP DEVELOPMENT
(82) SPRINGBOK POLO INC 601 JACK ENDERS BOULEVARD BERRYVILLE,VA22611	47-1082851		8,701	CLUB AND MEMBERSHIP DEVELOPMENT
(83) STAGE HILL INC 42 LOW STREET NEWBURY,MA01951	04-3576122		9,651	CLUB AND MEMBERSHIP DEVELOPMENT
(84) SUGARBUSH POLO CLUB INC 844 WEISENBACH ROAD NORTH FERRISBURG,VT05473	23-7297573		8,893	CLUB AND MEMBERSHIP DEVELOPMENT
(85) TEXAS A & M POLO 4250 TAMU COLLEGE STATION,TX77843	74-6000531		5,615	CLUB AND MEMBERSHIP DEVELOPMENT
(86) TEXAS ARENA LEAGUE 37 LONG CREEK ROAD AUSTIN,TX78737	37-1950257	501(C)(7)	27,566	CLUB AND MEMBERSHIP DEVELOPMENT
(87) TEXAS TECH POLO CLUB 1109 FM 1585 LUBBOCK,TX79423	81-0753415		12,050	CLUB AND MEMBERSHIP DEVELOPMENT
(88) THE DUTTA CORP 3121 FAIRLANE FARMS ROAD SUITE 6 WELLINGTON,FL33414	13-3800974		30,000	CLUB AND MEMBERSHIP DEVELOPMENT
(89) TINICUM PARK POLO CLUB INC 101 FROGTOWN ROAD OTTSVILLE,PA18942	81-1552411		12,000	CLUB AND MEMBERSHIP DEVELOPMENT
(90) TWILIGHT POLO CLUB LLC PO BOX 1617 MIDDLEBURG,VA20118	27-2545349		55,500	CLUB AND MEMBERSHIP DEVELOPMENT
(91) TCPC CORP 1602 HOMESTEAD TR LONG LAKE,MN55356	85-3531816		11,448	CLUB AND MEMBERSHIP DEVELOPMENT
(92) VIRGINIA POLO INC 1082 FOREST LODGE DRIVE CHARLOTTESVILLE,VA22903	54-1569671		35,239	CLUB AND MEMBERSHIP DEVELOPMENT
(93) WHEATON POLO LLC 4719 CENTER AVENUE LISLE,IL60532	87-4234313		16,000	CLUB AND MEMBERSHIP DEVELOPMENT
(94) WILL ROGERS POLO CLUB INC 10947 BLOOMFIELD STREET 109 STUDIO CITY,CA91602	20-3430908		10,616	CLUB AND MEMBERSHIP DEVELOPMENT
(95) WILLOW BEND POLO CLUB LLC 2310 OAK GROVE PARKWAY LITTLE ELM,TX75068	75-2351886		8,961	CLUB AND MEMBERSHIP DEVELOPMENT
(96) YALE POLO & EQUESTRIAN CENTER INC 79 RAINBOW ROAD BETHANY,CT06524	27-0820382	501(C)(3)	11,440	CLUB AND MEMBERSHIP DEVELOPMENT
(97) PORT MAYACA POLO CLUB INC 27005 SW CHUKKER CIRCLE OKEECHOBEE,FL34974	11-3826041		28,876	CLUB AND MEMBERSHIP DEVELOPMENT
(98) WELLINGTON POLO TOUR INC 501 BRICKEL KEY DRIVE MIAMI,FL33131	87-2007881		32,000	CLUB AND MEMBERSHIP DEVELOPMENT
(99) MT BRILLIANT POLO CLUB LLC 3314 HUFFMAN MILL PIKE LEXINGTON,KY40511	20-3152078		8,250	CLUB AND MEMBERSHIP DEVELOPMENT

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2022

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1) ARENA TOURNAMENT INITIATIVE	3	13,463
(2) CLINIC	5	8,021
(3) DEVELOPMENT STARTUP CLUB	5	9,083
(4) TEAM USPA	4	130,891
(5) HORSE MORTALITY	1	5,000
(6) INSTRUCTOR CERTIFICATION CLUB DEVELOPMENT	2	9,400
(7) MILITARY INCENTIVE PROGRAM	3	12,358
(8) POLO DEVELOPMENT INITIATIVE (PDI)	7	70,083
(9) TOURNAMENT PRIZE MONEY PROGRAM	11	50,000
(10) SCHOLARSHIP	1	2,000
(11) TOURNAMENT SUPPORT	8	91,331
(12) TRAVEL PLAYERS NYTS	18	19,129
(13) TROPHY REIMBURSEMENT	2	3,270
(14) WOMEN'S TOURNAMENT INCENTIVE PROGRAM	3	1,323
(15) YOUNG PLAYER OPPORTUNITY (YPO) GRANT	6	47,109
(16) TOURNAMENT SUPPORT PROGRAM	11	28,355

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference

Explanation

PART I, LINE 2:

THE ASSOCIATION EMPLOYS THE FOLLOWING PROCEDURES FOR MONITORING THE UTILIZATION OF GRANT FUNDS: - CLUB VISITS: WE CONDUCT ON-SITE VISITS TO THE RECIPIENT CLUBS TO ASSESS THE UTILIZATION OF GRANT FUNDS. THIS INVOLVES PHYSICAL INSPECTIONS AND DISCUSSIONS WITH CLUB REPRESENTATIVES. - SCORECARD COMPLETION: GRANT RECIPIENTS ARE REQUIRED TO COMPLETE A SCORECARD, WHICH INCLUDES VARIOUS METRICS FOR MEASURING PERFORMANCE. THESE METRICS ENCOMPASS ACHIEVEMENTS, GOALS, BENCHMARKING, AND OTHER RELEVANT FACTORS. - CONTINUOUS MENTORSHIP SUPPORT: USPA PROVIDES ONGOING MENTORSHIP AND GUIDANCE TO GRANT RECIPIENTS TO ENSURE THEY ARE MAKING EFFECTIVE USE OF FUNDS AND ALIGNING WITH THE ORGANIZATION'S MISSION. - PROGRESS MONITORING: REGULAR MONITORING OF GRANT RECIPIENTS' PROGRESS IS AN INTEGRAL PART OF OUR OVERSIGHT. THIS INCLUDES TRACKING THEIR ADVANCEMENTS AND EVALUATING THE IMPACT OF THE GRANT. IT IS ESSENTIAL TO NOTE THAT GRANTS ARE ONLY ISSUED WHEN THE FUNDING REQUEST ALIGNS WITH THE MISSION OF THE USPA. THIS ENSURES THAT RESOURCES ARE DIRECTED TOWARDS INITIATIVES THAT CONTRIBUTE TO THE ORGANIZATIONAL OBJECTIVES.

Schedule I (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization

UNITED STATES POLO ASSOCIATION INC

Employer identification number

36-3016024

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Yes

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2022

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1CHRIS GREEN COO/IN-HOUSE COUNSEL	(i) (ii)	360,000 ------------- 0	70,000 ------------- 0	724 ------------- 0	0 ------------- 0	15,389 ------------- 0	446,113 ------------- 0	0 ------------- 0
2SUSAN C PRESENT CFO	(i) (ii)	237,999 ------------- 0	75,000 ------------- 0	724 ------------- 0	10,981 ------------- 0	11,956 ------------- 0	336,660 ------------- 0	0 ------------- 0
3CHARLES A MULDOON EXEC DIR - UMPIRES LLC (TO 5/23/22)	(i) (ii)	79,046 ------------- 0	16,800 ------------- 0	182,138 ------------- 0	3,834 ------------- 0	12,413 ------------- 0	294,231 ------------- 0	0 ------------- 0
4CARLOS R DE ARELLANO II EXEC. DIR. - MEMBER SERVICES	(i) (ii)	192,365 ------------- 0	50,000 ------------- 0	120 ------------- 0	296 ------------- 0	22,395 ------------- 0	265,176 ------------- 0	0 ------------- 0
5FERGUS GOULD WEST REG UMPIRE DIR (TO 8/22) EXEC DIR-UMPIRES LLC (	(i) (ii)	195,373 ------------- 0	25,000 ------------- 0	120 ------------- 0	8,815 ------------- 0	22,395 ------------- 0	251,703 ------------- 0	0 ------------- 0
6JUSTIN POWERS EXEC. DIR. - POLO DEVELOPMENT LLC	(i) (ii)	147,927 ------------- 0	50,000 ------------- 0	108 ------------- 0	7,917 ------------- 0	12,056 ------------- 0	218,008 ------------- 0	0 ------------- 0
7KELLY VANDERWERFF CONTROLLER	(i) (ii)	110,210 ------------- 0	25,000 ------------- 0	789 ------------- 0	5,409 ------------- 0	17,557 ------------- 0	158,965 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2022

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
PART I, LINE 4A	CHARLES MULDOON RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $182,000 DURING 2022.

Schedule J (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

Schedule L
(Form 990)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet

Attach to Form 990 or Form 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

UNITED STATES POLO ASSOCIATION INC

Employer identification number

36-3016024

Part I

Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22

(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	(d) Loan to or from the organization?		(e) Original principal amount	(f) Balance due	(g) In default?		(h) Approved by board or committee?		(i) Written agreement?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e) Original principal amount	(f) Balance due	Yes	No	Yes	No	Yes	No






Total ............... $

Part III

Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of assistance	(d) Type of assistance	(e) Purpose of assistance
(1) HOPE ARELLANO	FAMILY MEMBER OF JULIO ARELLANO (TRUSTEE)	40,000	MEMBER SUPPORT	TUSPA GRANT
(2) COMMONWEALTH POLO CLUB	JORGE VASQUEZ (TRUSTEE) CONTROLS AT LEAST 35%	9,516	CLUB SUPPORT	CLUB AND MEMBERSHIP DEVELOPMENT
(3) OF HORSE YOU CAN DBA DENVER POLO CLUB	FAMILY MEMBERS OF ERICA GANDOMCAR-SACHS (TRUSTEE) CONTROL AT LEAST 35%	40,493	CLUB SUPPORT	CLUB AND MEMBERSHIP DEVELOPMENT
(4) PORT MAYACA POLO CLUB	STEPHEN ORTHWEIN JR. (TRUSTEE) CONTROLS AT LEAST 35%	28,876	CLUB SUPPORT	CLUB AND MEMBERSHIP DEVELOPMENT
(5) TRAVELLERS REST POLO CLUB	ROBERT ORTHWEIN (TRUSTEE) CONTROLS AT LEAST 35%	7,100	CLUB SUPPORT	CLUB AND MEMBERSHIP DEVELOPMENT
(6) WILLIAM RAAB DBA WAGENER POLO CLUB	WILLIAM RAAB (TRUSTEE) CONTROLS AT LEAST 35%	16,166	CLUB SUPPORT	CLUB AND MEMBERSHIP DEVELOPMENT
(7) ROBIN SANCHEZ	ROBIN SANCHEZ (TRUSTEE)	18,461	CLUB SUPPORT	CLUB AND MEMBERSHIP DEVELOPMENT
(8) AGUSTIN ARELLANO	FAMILY MEMBER OF JULIO ARELLANO (TRUSTEE)	20,000	TRAINING STIPEND	TRAINING STIPEND

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50056A

Schedule L (Form 990) 2021

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) CHUKKERTV LLC	MELISSA GANZI (FORMER TRUSTEE) IS THE MANAGING MEMBER	700,000	FILM, PRODUCTION AND LIVE STREAM CONSULTING SERVICES		No
(2) J-5 EQUESTRIAN LLC	FAMILY MEMBERS OF PAUL JORNAYVAZ (TRUSTEE) CONTROLS AT LEAST 35%	1,650,000	PROVIDER OF POLO PONIES AND TOURNAMENT HOST		No

Part V

Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).

Return Reference	Explanation

Schedule L (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

UNITED STATES POLO ASSOCIATION INC

Employer identification number

36-3016024

Return Reference	Explanation
FORM 990, PART III, LINE 2	NPC POLO OPERATIONS- ENABLES THE USPA TO SHOWCASE ITS TOURNAMENTS, DEVELOP AMERICAN PLAYERS, AND SUSTAIN AN ENVIRONMENT THAT WILL RETAIN AND ATTRACT NEW PLAYERS THROUGH THE PROMOTION OF EXCELLENCE.
FORM 990, PART VI, SECTION A, LINE 1A	EXCEPT AS SPECIFICALLY SET FORTH HEREIN, THE BOARD OF GOVERNORS HAS DELEGATED THE FULL POWERS AND DUTIES OF THE BOARD OF GOVERNORS TO THE EXECUTIVE COMMITTEE TO ACT IN BETWEEN MEETINGS OF THE BOARD OF GOVERNORS, INCLUDING, BUT NOT LIMITED TO, THE OVERSIGHT OF THE DAY-TO-DAY OPERATIONAL BUSINESS OF THE ASSOCIATION, INCLUDING THE MANAGEMENT OF THE USPA STAFF AND ANNUAL BUDGET THAT HAS BEEN APPROVED BY THE BOARD OF GOVERNORS; PROVIDED, HOWEVER, THAT, UNLESS OTHERWISE DIRECTED FROM TIME TO TIME BY THE BOARD OF GOVERNORS, THE EXECUTIVE COMMITTEE SHALL NOT TAKE ANY ACTION THAT IS NOT APPROPRIATED FOR IN THE ANNUAL BUDGET OF THE ASSOCIATION AS APPROVED BY THE BOARD OF GOVERNORS OR THAT BINDS, COMMITS, OR OBLIGATES THE ASSOCIATION TO EXPEND, PLEDGE, LOAN, OR OTHERWISE COMMIT ASSOCIATION ASSETS THAT EXCEED TEN PERCENT (10%) OF ANY CORRESPONDING LINE ITEM IN THE ASSOCIATION'S BUDGET AS APPROVED BY THE BOARD OF GOVERNORS. NOTWITHSTANDING THE FOREGOING, NO NON-DELEGABLE DUTIES HAVE OR MAY BE DELEGATED TO THE EXECUTIVE COMMITTEE, AND THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY, WITHOUT CONSULTATION AND PRIOR APPROVAL OF THE BOARD OF GOVERNORS, TO PURCHASE, SELL, CREATE, OR DESTROY ANY CORPORATE ENTITY OF THE ASSOCIATION, WHETHER OWNED IN WHOLE OR IN PART. EXCEPT FOR ANY ACTION ON THE PART OF THE EXECUTIVE COMMITTEE TO ACCEPT A MEMBER CLUB AS A PROVISIONAL MEMBER CLUB OR TO TAKE ANY ACTION OR MAKE ANY DETERMINATION SPECIFICALLY REQUIRED OF THE EXECUTIVE COMMITTEE IN ANY BOARD-APPROVED DISCIPLINARY POLICY, EACH OF WHICH THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO DO WITHOUT FURTHER REVIEW BY THE BOARD OF GOVERNORS, ALL ACTIONS OF THE EXECUTIVE COMMITTEE CONSISTENT HEREWITH WILL BE BINDING ON THE ASSOCIATION AND WILL BE REPORTED TO THE BOARD OF GOVERNORS. THE BOARD OF GOVERNORS SHALL, WITHIN SEVEN (7) DAYS OF THE PUBLICATION OF THE EXECUTIVE COMMITTEE MINUTES, REVIEW THE MINUTES AND REGISTER ANY COMMENTS OR OBJECTIONS. IF FIVE (5) OR MORE GOVERNORS REGISTER OBJECTIONS ON A PARTICULAR MATTER WITHIN THE STATED SEVEN-DAY PERIOD, THEN THE EXECUTIVE COMMITTEE AND THE CHIEF EXECUTIVE OFFICER SHALL WORK TOGETHER TO RESOLVE SUCH OBJECTIONS IN A TIMELY MANNER. IF FIVE (5) OR MORE OF THE GOVERNORS THAT OBJECTED WITHIN THE STATED SEVEN-DAY PERIOD CONTINUE TO OBJECT AFTER AN ATTEMPT AT RESOLUTION, THEN THE PROPOSED ACTION AND SUCH UNRESOLVED OBJECTIONS SHALL BE TABLED AND HEARD AT THE FOLLOWING MEETING OF THE BOARD OF GOVERNORS.
FORM 990, PART VI, SECTION A, LINE 6	THE UNITED STATES POLO ASSOCIATION IS AN ASSOCIATION OF REGISTERED POLO CLUBS, ASSOCIATIONS, AND OTHER ENTITIES ENGAGED IN OR RELATED TO THE SPORT OF POLO (COLLECTIVELY, THE "MEMBER CLUBS") AND OF THE ASSOCIATION REGISTERED INDIVIDUAL MEMBERS OF THE MEMBER CLUBS, MEMBER CLUB CLASSIFICATIONS ARE ACTIVE, AFFILIATE AND ASSOCIATE MEMBER CLUBS, INDIVIDUAL MEMBER CLASSIFICATIONS ARE REGISTERED PLAYER, AFFILIATED PLAYER, SOCIAL NON-PLAYING AND LIFETIME.
FORM 990, PART VI, SECTION A, LINE 7A	CIRCUIT GOVERNORS - THE ACTIVE MEMBER CLUBS IN EACH CIRCUIT, BY VOTE OF THEIR DELEGATES, WILL ELECT A CIRCUIT GOVERNOR FOR A THREE YEAR TERM WHO WILL REPRESENT THE CIRCUIT IN ITS RELATIONS WITH THE ASSOCIATION. GOVERNORS-AT-LARGE - SHALL BE ELECTED BY THE VOTE OF REGISTERED PLAYERS IN GOOD STANDING FOR A THREE YEAR TERM.
FORM 990, PART VI, SECTION A, LINE 7B	AMENDMENTS OR CHANGES TO THE CONSTITUTION CAN ONLY BE MADE BY THE AFFIRMATIVE VOTE OF TWO-THIRDS (2/3) OF THE TOTAL NUMBER OF VOTES CAST BY THE DELEGATES OF THE ACTIVE MEMBER CLUBS OF THE ASSOCIATION. EACH MEMBER CLUB APPOINTS 1 DELEGATE AND THE DELEGATES ARE CONSIDERED THE MEMBERS. THE UNITED STATES POLO ASSOCIATION ("USPA") MUST HOLD AN ANNUAL MEMBER MEETING EACH FALL AND MUST HAVE A QUORUM BY ATTENDEES AND/OR BY PROXY IN ORDER TO CONDUCT THE MEETING. NO BUSINESS CAN BE CONDUCTED WITHOUT A QUORUM OF THE MEMBERS. THE WRITTEN NOTICE OF THE PROPOSED AMENDMENT IS PROVIDED TO THE DELEGATE OF ALL ACTIVE MEMBER CLUBS AS LEAST THIRTY (30) DAYS PRIOR TO THE MEETING. ALL NEW AND/OR CHANGES IN OFFICERS AND GOVERNORS ARE INSTALLED IN THE ANNUAL MEMBER MEETING. ALSO, ONLY DELEGATES (MEMBERS) OF THE ASSOCIATION CAN VOTE IN CIRCUIT GOVERNOR ELECTIONS AND ONLY REGISTERED PLAYER MEMBERS (PLAYING MEMBERS WITH US CITIZENSHIP) CAN VOTE IN GOVERNOR-AT-LARGE ELECTIONS.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS REVIEWED BY THE COO, CFO AND AUDIT COMMITTEE AND IS AVAILABLE TO ALL BOARD MEMBERS.
FORM 990, PART VI, SECTION B, LINE 12C	THE UNITED STATES POLO ASSOCIATION ("USPA") FINALIZED AND APPROVED A DETAILED CONFLICT OF INTEREST POLICY IN 2015. THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ANY INTERESTED PERSON, WHICH IS ANY USPA OFFICER, EMPLOYEE, GOVERNOR LIEUTENANT GOVERNOR, COMMITTEE MEMBER OR CHAIR AND VOLUNTEER. THE ORGANIZATION'S BOARD MEMBERS SIGN A BOARD OATH WHICH INCLUDES A STATEMENT REGARDING POTENTIAL CONFLICTS OF INTEREST. ANY INTERESTED PERSON HAS A DUTY TO DISCLOSE FINANCIAL CONFLICTS OF INTEREST. FINANCIAL CONFLICTS OF INTEREST WILL FIRST BE DISCLOSED TO THE CFO IN THE DISCLOSURE STATEMENT, THEN TO THE AUDIT COMMITTEE IF NECESSARY, AND FINALLY TO THE BOARD OF GOVERNORS, IF NECESSARY. THE AUDIT COMMITTEE REVIEWS THESE REPORTS AND DETERMINES THEIR VALIDITY. THERE WERE NO CONFLICTS OF INTERESTS IN 2022 REQUIRING FORMAL ACTION BY THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 15A	IN ESTABLISHING THE COMPENSATION FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL, THE USPA BOARD OFFICERS IMPLEMENT A THOROUGH PROCESS THAT INVOLVES REVIEW, APPROVAL, AND STRATEGIC DECISION-MAKING. THE TOP MANAGEMENT OFFICIAL'S COMPENSATION IS CAREFULLY COMPARED TO THAT OF PEERS IN SIMILAR ROLES ACROSS THE INDUSTRY TO ENSURE COMPETITIVENESS AND FAIRNESS.
FORM 990, PART VI, SECTION C, LINE 19	THE UNITED STATES POLO ASSOCIATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION B, LINE 14:	THE ORGANIZATION HAS A DOCUMENT RETENTION AND DESTRUCTION POLICY. HOWEVER, SINCE THIS POLICY IS ADMINISTRATIVE, THERE IS NO NEED FOR BOARD APPROVAL.
FORM 990, PART VII, SECTION A:	THE AMOUNTS PAID TO ROBIN SANCHEZ AND CINDY HALLE REFLECTS COMPENSATION FOR CONTRACTUAL SERVICES AS AN INDEPENDENT CONTRACTOR, UNRELATED TO HER DUTY AS A TRUSTEE. THE AMOUNT PAID TO JULIO ARELLANO REFLECTS COMPENSATION FOR COACHING SERVICES, UNRELATED TO HIS DUTY AS A TRUSTEE. THE AMOUNT PAID TO HALEY BRYAN REFLECTS BOTH COMPENSATION FOR CONTRACTUAL SERVICES AS AN INDEPENDENT CONTRACTOR, AS WELL AS FOR SERVICES PERFORMED AS AN EMPLOYEE.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

UNITED STATES POLO ASSOCIATION INC

Employer identification number

36-3016024

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity
(1) USPA UMPIRES LLC 12012 SOUTH SHORE BLVD SUITE 102 WELLINGTON,FL33414 45-3789031	POLO UMPIRING, INCLUDING CERTIFICATION AND SETTING STANDARDS	FL	1,848,000	569,837	UNITED STATES POLO ASSOCIATION INC
(2) USPA POLO DEVELOPMENT LLC 12012 SOUTH SHORE BLVD SUITE 102 WELLINGTON,FL33414 37-1743330	DEVELOPMENT OF PLAYERS, CLUBS AND MANAGERS	FL	214,775	85,841	UNITED STATES POLO ASSOCIATION INC
(3) USPA SUNDAY FIELD LLC 12012 SOUTH SHORE BLVD SUITE 102 WELLINGTON,FL33414 88-1633813	TRUSTEE OF THE USPA NATIONAL POLO CENTER LAND TRUST	FL	187,425	112,792,729	UNITED STATES POLO ASSOCIATION INC
(4) NPC POLO OPERATIONS LLC 12012 SOUTH SHORE BLVD SUITE 102 WELLINGTON,FL33414 88-2621851	SHOWCASE USPA TOURNAMENTS AND DEVELOP AMERICAN PLAYERS	FL	156,902	3,321,525	UNITED STATES POLO ASSOCIATION INC

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)AMERICAN INTERNATIONAL POLO FOUNDATION 12012 SOUTH SHORE BLVD 102 WELLINGTON,FL33414 37-1401344	PROMOTE AND EDUCATE POLO NATIONALLY AND INTERNATIONALLY	IL	501(C)(3)	10	UNITED STATES POLO ASSOCIATION INC	Yes

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2021

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No
(1) USPA GLOBAL LICENSING INC 1400 CENTREPARK BLVD SUITE 200 WEST PALM BEACH,FL33401 36-3280427	TRADEMARK AGREEMENTS	IL	UNITED STATES POLO ASSOCIATION INC	C	58,701,722	57,528,754	100.000 %	Yes
(2) NPC HOSPITALITY MANAGEMENT LLC 3667 120TH AVENUE SOUTH WELLINGTON,FL33414 88-2620374	OPERATE & MANAGE THE HOSPITALITY FACILITIES & SOCIAL CLUB LOCATED AT THE NPC	FL	UNITED STATES POLO ASSOCIATION INC	C	1,845,154	2,065,862	100.000 %	Yes
(3) NPC HOSPITALITY OPERATIONS INC 3667 120TH AVENUE SOUTH WELLINGTON,FL33414 88-2633484	BENEFICIAL INTEREST HOLDER UNDER USPA NPC LAND TRUST OF THE USPA NPC	FL	UNITED STATES POLO ASSOCIATION INC	C			100.000 %	Yes
(4) GLOBAL POLO ENTERTAINMENT INC 1400 CENTREPARK BLVD SUITE 200 WEST PALM BEACH,FL33401 37-1901777	PRODUCTION ENTITY FOR GLOBAL POLO BROADCASTS & POLO LIFESTYLE CONTENT	FL	N/A	C				Yes

Schedule R (Form 990) 2021

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

Yes

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

Yes

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

Yes

s Other transfer of cash or property from related organization(s) ............................

Yes

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) USPA GLOBAL LICENSING INC	A	25,681,731	COST
(2) GLOBAL POLO ENTERTAINMENT INC	A	100,000	COST
(3) NPC HOSPITALITY MANAGEMENT LLC	O	559,027	COST
(4) NPC HOSPITALITY MANAGEMENT LLC	S	62,340	COST
(5) NPC HOSPITALITY MANAGEMENT LLC	R	1,501,660	COST

Schedule R (Form 990) 2021

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) 2021

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation

Schedule R (Form 990) 2021

Additional Data

Software ID:
Software Version:

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No