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
2023
Open to Public Inspection
A For the 2023 calendar year, or tax year beginning 10-01-2023 , and ending 09-30-2024
BCheck if applicable:
CName of organization
AMERICAN QUARTER HORSE ASSOCIATION
 
% ANDREW BARBE
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
PO BOX 200
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AMARILLO, TX791680001
D Employer identification number

75-0725576
E Telephone number

G Gross receipts $ 113,071,450
F Name and address of principal officer:
ANDREW BARBE
PO BOX 200
AMARILLO,TX791680001
I
Tax-exempt status: ( 5 ) (insert no.) or
J
Website:
WWW.AQHA.COM
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. See instructions.
H(c)
Group exemption number  
K Form of organization:  
L Year of formation: 1940
M State of legal domicile: TX
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: The American Quarter Horse Association is the largest equine breed and membership organization.
2 Check this box
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 315
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 311
5 Total number of individuals employed in calendar year 2023 (Part V, line 2a) ...... 5 259
6 Total number of volunteers (estimate if necessary) ............. 6 329
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 1,923,262
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 461,574 489,185
9 Program service revenue (Part VIII, line 2g) ......... 51,297,287 60,666,286
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 1,250,649 3,309,423
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 1,846,175 2,091,163
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 54,855,685 66,556,057
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 5,781,889 963,442
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 15,995,105 17,453,134
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).... 25,756,219 35,544,596
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 47,533,213 53,961,172
19 Revenue less expenses. Subtract line 18 from line 12....... 7,322,472 12,594,885
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 74,300,679 95,075,835
21 Total liabilities (Part X, line 26)............. 28,596,690 29,648,869
22 Net assets or fund balances. Subtract line 21 from line 20..... 45,703,989 65,426,966
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
PTIN
Firm's name

Firm's EIN
Firm's address



Phone no.
May the IRS discuss this return with the preparer shown above? See Instructions. ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2023)
Form 990 (2023)
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..............
1
Briefly describe the organization’s mission: To record and preserve the pedigree of the American Quarter Horse, while maintaining its welfare and integrity and promoting lifelong enjoyment of the breed.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
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 $   )
To collect, preserve, and maintain records on the pedigrees of the American Quarter Horse and to promote education relating to the breed. As of 9/30/2024, the Association had 229,244 members and is maintaining 7,109,101 registrations of horses and their related records.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
AQHA provides the AQHA Professional Horseman's Association for professional horse trainers in good standing; the AQHA Stewards program to ensure safety and fairness at events; and the AQHA Leveling program to provide a place for every level of exhibitor at AQHA shows and events. AQHA Shows offers something for everyone, no matter the experience level or preferred disciplines. We offer a wide range of show levels with classes in Halter, English and Western disciplines. In 2024, there were a total of 2,135 shows with 801,650 total show entries.
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
Publication of the American Quarter Horse Journal and Quarter Horse Racing Journal are meant to provide the most timely, comprehensive, and accessible information available in the industry. Total circulation of these publications as of 9/30/2024 was 146,922.
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expenses  
Form 990 (2023)
Form 990 (2023)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................
1
 
No
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment
List of Attached Documents:
// Content
...
2
Yes
 
3
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 IClick to see attachment
List of Attached Documents:
// Content
.............
3
Yes
 
4
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.........
4
 
 
5
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 IIIClick to see attachment
List of Attached Documents:
// Content
..
5
Yes
 
6
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 IClick to see attachment
List of Attached Documents:
// Content
.........................
6
 
No
7
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 IIClick to see attachment
List of Attached Documents:
// Content
....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part IIIClick to see attachment
List of Attached Documents:
// Content
..............
8
 
No
9
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 IVClick to see attachment
List of Attached Documents:
// Content
..............
9
 
No
10
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 VClick to see attachment
List of Attached Documents:
// Content
......
10
 
No
11
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.
a
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
 
b
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 VIIClick to see attachment
List of Attached Documents:
// Content
.......
11b
Yes
 
c
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 VIIIClick to see attachment
List of Attached Documents:
// Content
.......
11c
 
No
d
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 IXClick to see attachment
List of Attached Documents:
// Content
............
11d
Yes
 
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11e
Yes
 
f
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 XClick 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 XIIClick to see attachment
List of Attached Documents:
// Content
......................
12a
 
No
b
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
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
 
No
b
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
 
15
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
15
Yes
 
16
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
16
 
No
17
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. ....Click to see attachment
List of Attached Documents:
// Content
17
 
No
18
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............ Click to see attachment
List of Attached Documents:
// Content
18
Yes
 
19
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...................Click to see attachment
List of Attached Documents:
// Content
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
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
21
Yes
 
Form 990 (2023)
Form 990 (2023)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
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
22
 
No
23
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
23
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
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
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
 
 
d
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
 
 
b
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
 
 
26
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 IIClick to see attachment
List of Attached Documents:
// Content
...........
26
 
No
27
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 IIIClick to see attachment
List of Attached Documents:
// Content
.........................
27
Yes
 
28
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
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
 
No
b
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
 
No
c
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..................... Click to see attachment
List of Attached Documents:
// Content
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
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
33
 
No
34
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
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
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
 
36
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.............
36
 
 
37
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 VIClick to see attachment
List of Attached Documents:
// Content
37
 
No
38
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. ............
38
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
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..
1a
1,160
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
 
 
Form 990 (2023)
Form 990 (2023)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
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 ..................
2a
259
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
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)? ..
4a
 
No
b
If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
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? ...
6a
Yes
 
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
Yes
 
7
Organizations that may receive deductible contributions under section 170(c).
a
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? ....................
7a
 
No
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
 
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
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? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
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
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
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
 
 
b
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
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
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.
15
 
No
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, or any disqualified or other person 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.
17
 
 
Form 990 (2023)
Form 990 (2023)
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
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
315
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.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
311
2
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? .................
2
Yes
 
3
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? .
3
Yes
 
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
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? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
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.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
Yes
 
b
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
Yes
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
 
No
b
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
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
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
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
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?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
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
 
No
b
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
17
List the states with which a copy of this Form 990 is required to be filed
18
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.
19
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.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
ANDREW BARBE1600 QUARTER HORSE DR   Amarillo,TX79104 (806) 376-4811
Form 990 (2023)
Form 990 (2023)
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.

RoundBullet List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."
RoundBullet 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, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

RoundBullet 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.

RoundBullet 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
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) KARL STRESSMAN......................................................................
CHIEF EXECUTIVE OFFICER
 45.0
.................
5.0 		    X       457,687 0 36,410
(2) ROBERT PIERCE......................................................................
Chief General Counsel
 40.0
.................
0.0 		      X     303,924 0 41,953
(3) AARON ENGET......................................................................
Chief Strategy Officer
 40.0
.................
0.0 		      X     210,449 0 36,288
(4) DAVID STEINMAN......................................................................
Chief Information/Tech
 55.0
.................
0.0 		      X     192,172 0 15,224
(5) Scott Neuman......................................................................
Dir. of Competitions
 40.0
.................
0.0 		      X     171,592 0 16,063
(6) JANET VANBEBBER......................................................................
Chief Racing Officer
 50.0
.................
0.0 		        X   141,508 0 18,289
(7) TAMMY CANIDA......................................................................
Registrar
 40.0
.................
0.0 		        X   138,671 0 17,266
(8) CHRISTOPHER FANGIO......................................................................
Dir of Project Management
 45.0
.................
0.0 		        X   142,785 0 13,041
(9) Duane Crowley......................................................................
Mgr of Application Dvlpmn
 40.0
.................
0.0 		        X   140,470 0 8,721
(10) Katherine Brantley......................................................................
Sr. Finance Director
 40.0
.................
0.0 		        X   138,101 0 8,754
(11) CHRIS CECIL-DARNELL......................................................................
DIRECTOR
 3.0
.................
0.0 		X           57,770 0 0
(12) PATRICK KAYSER......................................................................
DIRECTOR
 7.5
.................
0.0 		X           13,900 0 0
(13) JOHN B KUNKLE......................................................................
DIRECTORS AT LARGE
 0.5
.................
0.0 		X           11,900 0 0
(14) kathy headley......................................................................
BOARD OF TRUSTEES
 5.0
.................
2.0 		X           0 0 0
(15) LARRY BELL......................................................................
BOARD OF TRUSTEES
 2.0
.................
2.0 		X           0 0 0
(16) ADRIANNE STEWART POTWORA......................................................................
DIRECTOR
 1.0
.................
0.0 		X           0 0 0
(17) ALAN R HINDS......................................................................
DIRECTOR
 3.0
.................
0.0 		X           0 0 0
Form 990 (2023)
Form 990 (2023)
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
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) Alexandro severins........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(19) ANDREA D RIDGWAY........................................................................
DIRECTOR
 0.1
.......................0.0 		X           0 0 0
(20) Andrea Lopes James........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(21) ANNE L PRINCE........................................................................
DIRECTOR
 0.5
.......................0.0 		X           0 0 0
(22) ANTONIO LOBETO TAMES........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(23) APRIL BONDS........................................................................
DIRECTOR
 0.5
.......................0.0 		X           0 0 0
(24) AURELIO A ESCALONA........................................................................
DIRECTOR
 3.0
.......................0.0 		X           0 0 0
(25) BEAU BAIRD........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(26) BETH C AUSTIN........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(27) BOB BROADSTOCK........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(28) BOBBY SIMMONS........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(29) BRAD WELLENDORF........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(30) BRIAN BRADY........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(31) BROOKE M WHARTON........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(32) CAMERON R MULRONY........................................................................
DIRECTOR
 0.5
.......................0.0 		X           0 0 0
(33) CARA HARMON........................................................................
DIRECTOR
 4.0
.......................0.0 		X           0 0 0
(34) CAROLINE FRENCH-CAMPBELL........................................................................
DIRECTOR
 10.0
.......................0.0 		X           0 0 0
(35) CHELE MCGAULY........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(36) CHERYLLEE SARGENT........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(37) CHRIS D RIEDLE........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(38) CHRISTINE HOCUTT-SENTENEY........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(39) CHRISTOPHER J PERNICIARO........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(40) CINDY CHILTON-MOORE........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(41) CLARK SCOGGIN........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(42) CRYSTA LOMBARDI KELLAR........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(43) D SPENCE KIDNEY........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(44) DAN B THORNTON........................................................................
DIRECTOR
 0.1
.......................0.0 		X           0 0 0
(45) DAWN MARTIN........................................................................
DIRECTOR
 0.3
.......................0.0 		X           0 0 0
(46) DEAN R JOHNSON........................................................................
DIRECTOR
 3.0
.......................0.0 		X           0 0 0
(47) DEANN ATCHLEY........................................................................
DIRECTOR
 0.5
.......................0.0 		X           0 0 0
(48) DEBBI R HOLMES STOCKSTILL........................................................................
DIRECTOR
 7.0
.......................0.0 		X           0 0 0
(49) DEBORAH L WEISHEIM........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(50) DENISE THOMPSON........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(51) DENNIS AMBROSE........................................................................
DIRECTOR
 0.5
.......................0.0 		X           0 0 0
(52) DIANE GRAHAM........................................................................
DIRECTOR
 6.0
.......................0.0 		X           0 0 0
(53) DINO PEREZ........................................................................
DIRECTOR
 6.0
.......................0.0 		X           0 0 0
(54) DOLLY R CHAYER........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(55) DON GRIFFIN........................................................................
DIRECTOR
 10.0
.......................0.0 		X           0 0 0
(56) DONNA GOODSON CASEY........................................................................
DIRECTOR
 3.0
.......................0.0 		X           0 0 0
(57) DOREEN SWENSON........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(58) Douglas M Huls........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(59) EDWARD J AND VON ZAE MCNELIS........................................................................
DIRECTOR
 10.0
.......................0.0 		X           0 0 0
(60) EUGENE SPAGNOLA........................................................................
DIRECTOR
 20.0
.......................0.0 		X           0 0 0
(61) Eugenia Pascolini........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(62) G R CARTER JR........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(63) GENTRY L PICKETT........................................................................
DIRECTOR
 3.0
.......................0.0 		X           0 0 0
(64) GERALD THOMAS HANCOCK........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(65) GILLES SEGUIN........................................................................
DIRECTOR
 30.0
.......................0.0 		X           0 0 0
(66) GORDON L HARE........................................................................
DIRECTOR
 0.3
.......................0.0 		X           0 0 0
(67) GREG BOOTH........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(68) HAROLDO ARAUJO PESSOA SOBRINHO........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(69) HEINZ HUBER........................................................................
DIRECTOR
 4.0
.......................0.0 		X           0 0 0
(70) HENRY J R GAUTHIER........................................................................
DIRECTOR
 10.0
.......................0.0 		X           0 0 0
(71) HOLLY HOVER........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(72) JACOB L MAGEE........................................................................
DIRECTOR
 3.0
.......................0.0 		X           0 0 0
(73) JAIRO ALFREDO PERALTA........................................................................
DIRECTOR
 25.0
.......................0.0 		X           0 0 0
(74) JAMES HIGBIE CLEMENT III........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(75) JAMES HUNT presfrom 32024........................................................................
1st vice pres (to 3/2024)
 40.0
.......................2.0 		X   X       0 0 0
(76) JANE BAGLEY........................................................................
DIRECTOR
 6.0
.......................0.0 		X           0 0 0
(77) JASON L TURNER........................................................................
DIRECTOR
 0.5
.......................0.0 		X           0 0 0
(78) JASON SMITH........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(79) JAVIER ROSIQUE JR........................................................................
DIRECTOR
 4.0
.......................0.0 		X           0 0 0
(80) JECCA R OSTRANDER........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(81) JEFFREY ELDON PAIT........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(82) JENNIFER HORTON........................................................................
DIRECTOR
 0.3
.......................0.0 		X           0 0 0
(83) JENNIFER INGWERSON........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(84) JENNY M DRINKALL........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(85) JERI KAY LOCKWOOD........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(86) JILL COOK DVM........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(87) JIMMY DAURIO........................................................................
DIRECTOR
 50.0
.......................0.0 		X           0 0 0
(88) JIMMY E SEAGO........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(89) JOE DAVID EDDY........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(90) JOE DAVID YATES........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(91) JOHN A BACHELOR JR........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(92) JONATHAN MEILLEUR........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(93) JOSE DE MENDIGUREN........................................................................
DIRECTOR
 3.0
.......................0.0 		X           0 0 0
(94) JOSHUA LITTLE........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(95) JUDY KAY F BONHAM........................................................................
DIRECTOR
 10.0
.......................0.0 		X           0 0 0
(96) Judy Zeitler........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(97) Julie Schumacher........................................................................
DIRECTOR
 3.0
.......................0.0 		X           0 0 0
(98) JUSTIN BILLINGS........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(99) KARL BAUER........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(100) KATHLEEN M MCNALLY........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(101) KATHY ANDERSON........................................................................
DIRECTOR
 10.0
.......................0.0 		X           0 0 0
(102) KELLY K JOHNSRUD........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(103) KELSEY STANGEBYE........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(104) KENDRA WEIS........................................................................
DIRECTOR
 4.0
.......................0.0 		X           0 0 0
(105) KENNETH ADKINS........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(106) KRISTEN DAY KRUEGER GONSOIR........................................................................
DIRECTOR
 0.2
.......................0.0 		X           0 0 0
(107) KRYSTAL PETERSON........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(108) KURT W HARRIS........................................................................
DIRECTOR
 4.0
.......................0.0 		X           0 0 0
(109) LAUREN A LOVELACE MURRAY........................................................................
DIRECTOR
 6.0
.......................0.0 		X           0 0 0
(110) LEONARD LEE BERRYHILL........................................................................
DIRECTOR
 0.5
.......................0.0 		X           0 0 0
(111) LESLI R GLEN........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(112) LYNN CORNELIUS........................................................................
DIRECTOR
 0.1
.......................0.0 		X           0 0 0
(113) MAGDALENA SZARSZEWSKA........................................................................
DIRECTOR
 8.0
.......................0.0 		X           0 0 0
(114) MANUEL QUEIJEIRO........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(115) MARCO STORS........................................................................
DIRECTOR
 3.0
.......................0.0 		X           0 0 0
(116) Margaret Bellville........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(117) MARGARITA CHURCH........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(118) MARLA FADEL........................................................................
DIRECTOR
 0.1
.......................0.0 		X           0 0 0
(119) MARY BESS WOODRUFF........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(120) MARY ELLEN ROBINSON........................................................................
DIRECTOR
 8.0
.......................0.0 		X           0 0 0
(121) MATT GOUTHRO........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(122) MATTHEW J HERRMAN........................................................................
DIRECTOR
 0.8
.......................0.0 		X           0 0 0
(123) MELANIE KAY BURNS........................................................................
DIRECTOR
 52.0
.......................0.0 		X           0 0 0
(124) MELANIE SMITH........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(125) MICAH L HANSEN........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(126) Michelle Tidwell........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(127) Nancy Weaver........................................................................
DIRECTOR
 8.0
.......................0.0 		X           0 0 0
(128) Nikki Medalen........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(129) PAMELA A SCOTT........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(130) PETE A SCARMARDO........................................................................
DIRECTOR
 0.7
.......................0.0 		X           0 0 0
(131) REBECCA HALVORSON........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(132) RICHARD SPINKS........................................................................
DIRECTOR
 0.3
.......................0.0 		X           0 0 0
(133) RICK BAKER........................................................................
DIRECTOR
 2.5
.......................0.0 		X           0 0 0
(134) RICK BAUGH........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(135) RICK YOUNG........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(136) Robbin Jung........................................................................
DIRECTOR
 6.0
.......................0.0 		X           0 0 0
(137) ROBERT CHARLES HARTLEY........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(138) ROBERT J COLEMAN........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(139) ROBERT MENEELY........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(140) ROBERT WILLIAM HAWKINS........................................................................
DIRECTOR
 0.0
.......................0.0 		X           0 0 0
(141) ROBIN J C FRID........................................................................
DIRECTOR
 10.0
.......................0.0 		X           0 0 0
(142) RODNEY LOWE........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(143) RONALD M BULLOCK........................................................................
DIRECTOR
 4.0
.......................0.0 		X           0 0 0
(144) RYAN A FLEETWOOD........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(145) RYAN ROBICHEAUX........................................................................
DIRECTOR
 6.0
.......................0.0 		X           0 0 0
(146) SANDY E KIRTZINGER........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(147) SHANAE SIMON........................................................................
DIRECTOR
 0.1
.......................0.0 		X           0 0 0
(148) SHANE G YOUNG........................................................................
DIRECTOR
 0.0
.......................0.0 		X           0 0 0
(149) SHARON J FORBES-HANKS........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(150) SHELLEY RUTH DONOVAN........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(151) SHERRYE JOHNSON-TRAFTON........................................................................
DIRECTOR
 3.4
.......................0.0 		X           0 0 0
(152) SIMON MANCEAU........................................................................
DIRECTOR
 3.0
.......................0.0 		X           0 0 0
(153) SOFIE GAWINSKI LINDHOLM........................................................................
DIRECTOR
 13.0
.......................0.0 		X           0 0 0
(154) STEFANIE BUBENZER........................................................................
DIRECTOR
 10.0
.......................0.0 		X           0 0 0
(155) STEPHAN GOEB........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(156) STEPHANIE ANN LYNN........................................................................
DIRECTOR
 0.3
.......................0.0 		X           0 0 0
(157) STEPHEN R STEPHENS........................................................................
DIRECTOR
 3.0
.......................0.0 		X           0 0 0
(158) STEVE D BURNS DVM........................................................................
DIRECTOR
 0.3
.......................0.0 		X           0 0 0
(159) STEVE SCHIESTEL........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(160) STEVEN R HEADLEY........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(161) STUART THOMPSON........................................................................
DIRECTOR
 0.2
.......................0.0 		X           0 0 0
(162) SUSAN GAIL DUDLEY........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(163) SUSAN RUMBAUGH-TULLOCK........................................................................
DIRECTOR
 0.1
.......................0.0 		X           0 0 0
(164) TAMMI J ADIX........................................................................
DIRECTOR
 6.0
.......................0.0 		X           0 0 0
(165) THOMAS LEPIC........................................................................
DIRECTOR
 3.0
.......................0.0 		X           0 0 0
(166) TIMOTHY SCHMAHL........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(167) TOM CROWLEY........................................................................
DIRECTOR
 10.0
.......................0.0 		X           0 0 0
(168) Tom kirshenbaum........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(169) TONI HAWKINS-SCRIBNER........................................................................
DIRECTOR
 1.0
.......................0.0 		X           0 0 0
(170) TRACY BROWN........................................................................
DIRECTOR
 5.0
.......................0.0 		X           0 0 0
(171) VALERIE CLARK........................................................................
DIRECTOR
 0.0
.......................0.0 		X           0 0 0
(172) VICTOR WOLF........................................................................
DIRECTOR
 6.0
.......................0.0 		X           0 0 0
(173) WENDY KIM JOHNSON........................................................................
DIRECTOR
 2.0
.......................0.0 		X           0 0 0
(174) ANGELO BIZZARRO........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(175) ANNE M BRZEZICKI........................................................................
DIRECTOR EMERITUS
 4.0
.......................0.0 		X           0 0 0
(176) BOB G LINES........................................................................
DIRECTOR EMERITUS
 0.0
.......................0.0 		X           0 0 0
(177) C DAVID FLOHR........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(178) CALVIN R WHITE DVM........................................................................
DIRECTOR EMERITUS
 8.0
.......................0.0 		X           0 0 0
(179) CAROL L WHITTAKER........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(180) CHRIS J JENSEN........................................................................
DIRECTOR EMERITUS
 6.0
.......................0.0 		X           0 0 0
(181) CHRISTA L BALDWIN........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(182) CLAY E MACLEOD........................................................................
DIRECTOR EMERITUS
 0.2
.......................0.0 		X           0 0 0
(183) CONNIE ARMSTRONG........................................................................
DIRECTOR EMERITUS
 2.0
.......................0.0 		X           0 0 0
(184) DAN TREIN........................................................................
DIRECTOR EMERITUS
 5.0
.......................0.0 		X           0 0 0
(185) DAVID S NELSON........................................................................
DIRECTOR EMERITUS
 2.0
.......................0.0 		X           0 0 0
(186) DEBBY BREHM........................................................................
DIRECTOR EMERITUS
 0.1
.......................0.0 		X           0 0 0
(187) DR LARRY L FINDLEY........................................................................
DIRECTOR EMERITUS
 5.0
.......................0.0 		X           0 0 0
(188) DR ROLAND WOHLIN........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(189) ELEANOR GREEN........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(190) GALE LITTLE........................................................................
DIRECTOR EMERITUS
 6.0
.......................0.0 		X           0 0 0
(191) GRETCHEN MATHES........................................................................
DIRECTOR EMERITUS
 3.0
.......................0.0 		X           0 0 0
(192) HARRY A KNIGHT........................................................................
DIRECTOR EMERITUS
 0.0
.......................0.0 		X           0 0 0
(193) J LLOYD YOTHER........................................................................
DIRECTOR EMERITUS
 20.0
.......................0.0 		X           0 0 0
(194) J WADE ELLERBROEK JR........................................................................
DIRECTOR EMERITUS
 0.2
.......................0.0 		X           0 0 0
(195) JAMES R HOOTMAN........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(196) JANET S HANSEN........................................................................
DIRECTOR EMERITUS
 2.0
.......................0.0 		X           0 0 0
(197) JIM DUDLEY........................................................................
DIRECTOR EMERITUS
 5.0
.......................0.0 		X           0 0 0
(198) JOHN BOBENRIETH II........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(199) JOHN HOVDE........................................................................
DIRECTOR EMERITUS
 0.3
.......................0.0 		X           0 0 0
(200) JOHN SCHMAHL........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(201) JUDY COY-HORTON........................................................................
DIRECTOR EMERITUS
 0.2
.......................0.0 		X           0 0 0
(202) KATHRYN SCHROEDER........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(203) KATHY M PATTERSON........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(204) KEN COCHRANE........................................................................
DIRECTOR EMERITUS
 8.0
.......................0.0 		X           0 0 0
(205) LARRY G CLIFFORD........................................................................
DIRECTOR EMERITUS
 8.0
.......................0.0 		X           0 0 0
(206) LAURENCE W JAYNES........................................................................
DIRECTOR EMERITUS
 5.0
.......................0.0 		X           0 0 0
(207) LLOYD BENOIT JR........................................................................
DIRECTOR EMERITUS
 0.0
.......................0.0 		X           0 0 0
(208) LORNE A WINTHER........................................................................
DIRECTOR EMERITUS
 0.2
.......................0.0 		X           0 0 0
(209) MARKUS MUELLER........................................................................
DIRECTOR EMERITUS
 4.0
.......................0.0 		X           0 0 0
(210) MARY EBNET........................................................................
DIRECTOR EMERITUS
 5.0
.......................0.0 		X           0 0 0
(211) MICHAEL L SWAIN........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(212) MICHAEL TERRY MARTIN........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(213) NANCY CAHILL........................................................................
DIRECTOR EMERITUS
 8.0
.......................0.0 		X           0 0 0
(214) PAUL TREADWELL........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(215) POUL HAUKROG MOLLER........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(216) RICHARD SHIFFLER........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(217) RICK ADKINS........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(218) RICK BAILEY........................................................................
DIRECTOR EMERITUS
 1.0
.......................0.0 		X           0 0 0
(219) RUTI SHADMOT........................................................................
DIRECTOR EMERITUS
 5.0
.......................0.0 		X           0 0 0
(220) STARLET HUNT........................................................................
DIRECTOR EMERITUS
 0.0
.......................0.0 		X           0 0 0
(221) STEVEN CLAY OSBORNE DVM........................................................................
DIRECTOR EMERITUS
 5.0
.......................0.0 		X           0 0 0
(222) VINCENT P GENCO........................................................................
DIRECTOR EMERITUS
 0.2
.......................0.0 		X           0 0 0
(223) WAYNE A BURWASH DVM........................................................................
DIRECTOR EMERITUS
 5.0
.......................0.0 		X           0 0 0
(224) WILLARD NORDICK........................................................................
DIRECTOR EMERITUS
 0.2
.......................0.0 		X           0 0 0
(225) WILLIAM R HORTON........................................................................
DIRECTOR EMERITUS
 2.0
.......................0.0 		X           0 0 0
(226) ADRIANA GOMEZ BARNOLA........................................................................
DIRECTORS AT LARGE
 10.0
.......................0.0 		X           0 0 0
(227) AL DUNNING........................................................................
DIRECTORS AT LARGE
 0.0
.......................0.0 		X           0 0 0
(228) ALEX ROSS........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(229) ALICE W HOLMES........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(230) ALVARO MARTINICORENA........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(231) Anna Riggs-Eader........................................................................
DIRECTORS AT LARGE
 0.0
.......................0.0 		X           0 0 0
(232) ANTONIO ALEARDO GIRAUDINI........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(233) BEN L HUDSON........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(234) BENNIE T SARGENT........................................................................
DIRECTORS AT LARGE
 2.2
.......................0.0 		X           0 0 0
(235) CAL R BRANDT........................................................................
DIRECTORS AT LARGE
 0.5
.......................0.0 		X           0 0 0
(236) CAROL ROSE........................................................................
DIRECTORS AT LARGE
 0.0
.......................0.0 		X           0 0 0
(237) CATHY HANSON........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(238) CHRIS HARDCASTLE........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(239) Curtis G Ferguson........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(240) DAVID L NELSON........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(241) DAVID WHITAKER........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(242) DIRK JONES........................................................................
DIRECTORS AT LARGE
 0.4
.......................0.0 		X           0 0 0
(243) DON BELL........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(244) DOUGLAS S BROWN........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(245) DR TOMMY HAYS........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(246) DR CAROLE JOUBERT GABOURY........................................................................
DIRECTORS AT LARGE
 0.0
.......................0.0 		X           0 0 0
(247) Duayne Didericksen........................................................................
DIRECTORS AT LARGE
 0.0
.......................0.0 		X           0 0 0
(248) ED MURRAY DVM........................................................................
DIRECTORS AT LARGE
 5.0
.......................0.0 		X           0 0 0
(249) GARY LYNN OLSON........................................................................
DIRECTORS AT LARGE
 3.0
.......................0.0 		X           0 0 0
(250) Georgianna Busboom Renouard........................................................................
DIRECTORS AT LARGE
 5.0
.......................0.0 		X           0 0 0
(251) GLEN GABEL........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(252) HEATHER LYNN THRAPP-MAUCK........................................................................
DIRECTORS AT LARGE
 0.1
.......................0.0 		X           0 0 0
(253) JACKIE KRSHKA........................................................................
DIRECTORS AT LARGE
 5.0
.......................0.0 		X           0 0 0
(254) JAMES M ELLER III........................................................................
DIRECTORS AT LARGE
 36.0
.......................0.0 		X           0 0 0
(255) JEFF B TEBOW 1st vp from........................................................................
3/2024), 2nd vp (to 3/2024)
 10.0
.......................2.0 		X   X       0 0 0
(256) JERRY L MATTHEWS........................................................................
DIRECTORS AT LARGE
 0.5
.......................0.0 		X           0 0 0
(257) JIM BRINKMAN 2nd vp from........................................................................
3/2024),exec comm. (to 3/2024)
 5.0
.......................2.0 		X   X       0 0 0
(258) JOAN LOGAN SMITH........................................................................
DIRECTORS AT LARGE
 5.0
.......................0.0 		X           0 0 0
(259) JOHN D HAMMES........................................................................
DIRECTORS AT LARGE
 0.0
.......................0.0 		X           0 0 0
(260) JOHN PIPKIN........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(261) JOSEPH H MCALLISTER........................................................................
DIRECTORS AT LARGE
 0.5
.......................0.0 		X           0 0 0
(262) KATE BAMFORD........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(263) KELLY BOLES CHAPMAN........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(264) LAINA P BANKS........................................................................
DIRECTORS AT LARGE
 25.0
.......................0.0 		X           0 0 0
(265) LANCE R TREPTOW........................................................................
DIRECTORS AT LARGE
 0.0
.......................0.0 		X           0 0 0
(266) LARRY LARSON........................................................................
DIRECTORS AT LARGE
 1.5
.......................0.0 		X           0 0 0
(267) LAUREL BETH CAPURRO-WACHTEL........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(268) LAUREL WALKER-DENTON........................................................................
DIRECTORS AT LARGE
 4.0
.......................0.0 		X           0 0 0
(269) LORI S BUCHOLZ........................................................................
Member Exec. Committee
 25.0
.......................2.0 		X   X       0 0 0
(270) LUKE CASTLE........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(271) MARGO LEA BALL........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(272) MARK DUNHAM........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(273) MARTY OAK SIMPER........................................................................
DIRECTORS AT LARGE
 5.0
.......................0.0 		X           0 0 0
(274) MARY HANNAGAN........................................................................
DIRECTORS AT LARGE
 0.1
.......................0.0 		X           0 0 0
(275) MATT R WITMAN........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(276) MICHAEL D MURPHY........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(277) MICHAEL JENNINGS........................................................................
DIRECTORS AT LARGE
 0.5
.......................0.0 		X           0 0 0
(278) MICHELLE M FORNESS........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(279) NANCY A MARTIN........................................................................
DIRECTORS AT LARGE
 0.0
.......................0.0 		X           0 0 0
(280) NARCISO FLORES........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(281) P G PAWLEY-WILSON........................................................................
DIRECTORS AT LARGE
 10.0
.......................0.0 		X           0 0 0
(282) PARIS WIXON........................................................................
DIRECTORS AT LARGE
 0.2
.......................0.0 		X           0 0 0
(283) PAUL E BAILEY........................................................................
DIRECTORS AT LARGE
 0.3
.......................0.0 		X           0 0 0
(284) PETE KYLE........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(285) RANDY ALDERSON........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(286) RANDY RATLIFF........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(287) RICHARD L HARRIS........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(288) RICK CHAYER........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(289) ROB A BROWN........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(290) RONALD D SMITH........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(291) ROSS ROARK........................................................................
Member Exec.Comm.(from 3/2024)
 12.0
.......................2.0 		X   X       0 0 0
(292) RUTH J MCDONALD-GATES........................................................................
DIRECTORS AT LARGE
 20.0
.......................0.0 		X           0 0 0
(293) SARAH SHOEMAKE DOLES........................................................................
DIRECTORS AT LARGE
 0.6
.......................0.0 		X           0 0 0
(294) SCOTT A MERRITT........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(295) SCOTT R FLACH........................................................................
DIRECTORS AT LARGE
 4.0
.......................0.0 		X           0 0 0
(296) SHAWN T MAGEE........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(297) SHERRI A TEARNEY........................................................................
DIRECTORS AT LARGE
 4.0
.......................0.0 		X           0 0 0
(298) STEVE MEADOWS........................................................................
DIRECTORS AT LARGE
 0.0
.......................0.0 		X           0 0 0
(299) SUZY JEANE........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(300) THOMAS R SCOTT........................................................................
DIRECTORS AT LARGE
 0.0
.......................0.0 		X           0 0 0
(301) TOM MCBEATH........................................................................
DIRECTORS AT LARGE
 10.0
.......................0.0 		X           0 0 0
(302) TYLER GRAHAM........................................................................
DIRECTORS AT LARGE
 0.5
.......................0.0 		X           0 0 0
(303) W MICHAEL JUNG........................................................................
DIRECTORS AT LARGE
 1.0
.......................0.0 		X           0 0 0
(304) WAYNE HALVORSON........................................................................
DIRECTORS AT LARGE
 2.0
.......................0.0 		X           0 0 0
(305) WILLIAM ROSS BRIGDEN........................................................................
DIRECTORS AT LARGE
 3.0
.......................0.0 		X           0 0 0
(306) ANDY REES........................................................................
HONORARY VICE PRESIDENT
 0.0
.......................0.0 		X           0 0 0
(307) DON TREADWAY........................................................................
HONORARY VICE PRESIDENT
 0.1
.......................0.0 		X           0 0 0
(308) DONNA JOHNSON........................................................................
HONORARY VICE PRESIDENT
 1.0
.......................0.0 		X           0 0 0
(309) EDWARD L SQUIRES........................................................................
HONORARY VICE PRESIDENT
 1.0
.......................0.0 		X           0 0 0
(310) GEORGA M SUTTON........................................................................
HONORARY VICE PRESIDENT
 0.0
.......................0.0 		X           0 0 0
(311) J BENHAM STEWART JR........................................................................
HONORARY VICE PRESIDENT
 3.0
.......................0.0 		X           0 0 0
(312) JODI SULLIVAN........................................................................
HONORARY VICE PRESIDENT
 0.0
.......................0.0 		X           0 0 0
(313) LESLIE VAGNEUR LANGE........................................................................
HONORARY VICE PRESIDENT
 2.0
.......................0.0 		X           0 0 0
(314) LYNN PALM........................................................................
HONORARY VICE PRESIDENT
 0.5
.......................0.0 		X           0 0 0
(315) MARILYN RANDALL........................................................................
HONORARY VICE PRESIDENT
 2.0
.......................0.0 		X           0 0 0
(316) ROBIN SEVERINSEN MERRILL........................................................................
HONORARY VICE PRESIDENT
 0.0
.......................0.0 		X           0 0 0
(317) THOMAS LENZ........................................................................
HONORARY VICE PRESIDENT
 1.0
.......................0.0 		X           0 0 0
(318) DR SCOTT MYERS........................................................................
PAST PRESIDENT
 2.0
.......................0.0 		X           0 0 0
(319) FLOYD E WISE........................................................................
PAST PRESIDENT
 10.0
.......................0.0 		X           0 0 0
(320) FRANK G MERRILL........................................................................
PAST PRESIDENT
 1.0
.......................0.0 		X           0 0 0
(321) GINGER HYLAND........................................................................
PAST PRESIDENT
 0.0
.......................0.0 		X           0 0 0
(322) JAMES C HEIRD........................................................................
PAST PRESIDENT
 1.0
.......................0.0 		X           0 0 0
(323) JERRY WINDHAM........................................................................
PAST PRESIDENT
 0.0
.......................0.0 		X           0 0 0
(324) JOHANNES ORGELDINGER........................................................................
PAST PRESIDENT
 2.0
.......................0.0 		X           0 0 0
(325) JOHNE DOBBS........................................................................
PAST PRESIDENT
 1.0
.......................0.0 		X           0 0 0
(326) JOHNNY TROTTER........................................................................
PAST PRESIDENT
 10.0
.......................0.0 		X           0 0 0
(327) KEN ARTHUR MUMY........................................................................
PAST PRESIDENT
 2.0
.......................0.0 		X           0 0 0
(328) KENNETH BANKS past presfrom........................................................................
3/2024), President (to 3/2024)
 30.0
.......................2.0 		X   X       0 0 0
(329) NORMAN K LUBA........................................................................
PAST PRESIDENT
 3.0
.......................0.0 		X           0 0 0
(330) R H STEVENS JR........................................................................
PAST PRESIDENT
 2.0
.......................0.0 		X           0 0 0
(331) SANDRA K ARLEDGE........................................................................
PAST PRESIDENT
 0.5
.......................0.0 		X           0 0 0
(332) STAN WEAVER........................................................................
PAST PRESIDENT
 10.0
.......................0.0 		X           0 0 0
(333) STEPHEN J KLEBERG........................................................................
PAST PRESIDENT
 1.0
.......................0.0 		X           0 0 0
(334) WALTER FLETCHER........................................................................
PAST PRESIDENT
 0.1
.......................0.0 		X           0 0 0
(335) ANDREW BARBE........................................................................
CFO & Treasurer
 45.0
.......................0.0 		    X       0 0 0
1b Sub-Total..............
c Total from continuation sheets to Part VII, Section A..
d Total (add lines 1b and 1c)......... 2,120,929 0 212,009
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 22
Yes
No
3
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 ..............
3
 
No
4
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...........................
4
Yes
 
5
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 ........
5
 
No
Section B. Independent Contractors
1
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
STEVE MADDOX,
618 South Williams
EL RENO,OR73036 		IT Production Supp. 235,841
THUNDERBIRD ADVISORY GROUP LLC,
9405 Stonecrest Drive
AMARILLO,TX79118 		fin. acct services 198,645
EQUINE NETWORK HOLDINGS LLC,
PO Box 208347
DALLAS,TX75320 		Videography & stream 192,386
ANTHONY MILLIGAN,
440 Alta Ridge Dr
KELLER,TX76248 		software development 189,200
Weaver and Tidwell LLP,
2821 W 7th Street ste 700
FORTWORTH,TX76107 		Audit & Tax Services 188,734
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 11
Form 990 (2023)
Form 990 (2023)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c  
d Related organizations1d 37,775
e Government grants (contributions)1e 320,248
f All other contributions, gifts, grants, and similar amounts not included above1f 131,162
g Noncash contributions included in lines 1a - 1f:$ 1g  
h Total. Add lines 1a-1f....... 489,185
Program Service RevenueAmt Business Code
2a MEMBERSHIP INCOME 813910 9,390,708 9,390,708    
b SHOWS, EVENTS & SHOWS RELATED SERVICES 711320 11,044,948 11,044,948    
c REGISTRATION 112920 12,837,707 12,837,707    
d PUBLICATION & ADVERTISING 513120 5,642,357 3,719,095 1,923,262  
e SBR, BREEDING, GENOTYPING (BREEDING) 112920 10,370,870 10,370,870    
f All other program service revenue. 11,379,696 11,379,696    
g Total. Add lines 2a–2f ..... 60,666,286
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ...... 1,950,706 0 0 1,950,706
4 Income from investment of tax-exempt bond proceeds 0      
5 Royalties........... 2,001,752 0 0 2,001,752
(i) Real (ii) Personal
6a Gross rents 6a    
b Less: rental expenses 6b    
c Rental income or (loss) 6c 0 0
d Net rental income or (loss)....... 0      
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 7a 47,718,210  
b Less: cost or other basis and sales expenses 7b 46,359,493  
c Gain or (loss) 7c 1,358,717  
d Net gain or (loss)......... 1,358,717 0 0 1,358,717
8a Gross income from fundraising events (not including $ 0of contributions reported on line 1c). See Part IV, line 18 ....
8a 42,849
b Less: direct expenses ... 8b 12,831
c Net income or (loss) from fundraising events.. 30,018   30,018
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a 0
b Less: direct expenses ... 9b 0
c Net income or (loss) from gaming activities.. 0      
10a Gross sales of inventory, less
returns and allowances ..
10a 202,462
b Less: cost of goods sold .. 10b 143,069
c Net income or (loss) from sales of inventory.. 59,393 59,393 0 0
OtherRevenueMiscAmt
Business Code
11a            
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... 0
12 Total revenue. See instructions..... 66,556,057 58,802,417 1,923,262 5,341,193
Form 990 (2023)
Form 990 (2023)
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 .... 567,531  
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 0  
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 395,911 0
4 Benefits paid to or for members ....... 0  
5 Compensation of current officers, directors, trustees, and key employees ........... 2,004,470      
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ......... 0      
7 Other salaries and wages........ 12,345,298      
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 654,028      
9 Other employee benefits ....... 1,426,478      
10 Payroll taxes ........... 1,022,860      
11 Fees for services (non-employees):        
a Management ...... 175,717      
b Legal ......... 22,091      
c Accounting ........... 0      
d Lobbying ........... 0      
e Professional fundraising services. See Part IV, line 17 0  
f Investment management fees ...... 77,977      
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 5,914,161      
12 Advertising and promotion .... 1,907,460      
13 Office expenses ....... 3,849,030      
14 Information technology ...... 1,601,532      
15 Royalties .. 0      
16 Occupancy ........... 1,945,304      
17 Travel ............ 2,179,287      
18 Payments of travel or entertainment expenses for any federal, state, or local public officials . 0      
19 Conferences, conventions, and meetings .... 0      
20 Interest ........... 0      
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization .. 1,656,829      
23 Insurance ... 14,608      
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 SHOWS AND EVENTS 5,171,305      
b GENOTYPING 3,316,029      
c CORPORATE PARTNERS& MEMBERSHIP 3,461,328      
d UBI FED INCOME TAX 36,055      
e All other expenses 4,215,883      
25 Total functional expenses. Add lines 1 through 24e 53,961,172 0    
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 (2023)
Form 990 (2023)
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
Assets 1 Cash–non-interest-bearing ........ 1,600 1 1,575
2 Savings and temporary cash investments ......... 13,320,225 2 16,487,812
3 Pledges and grants receivable, net ...... 0 3 0
4 Accounts receivable, net ............. 615,928 4 1,297,548
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 .......
0 5 0
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) ...
0 6 0
7 Notes and loans receivable, net ........... 0 7 0
8 Inventories for sale or use ............ 0 8 0
9 Prepaid expenses and deferred charges ...... 119,550 9 1,004,504
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 30,083,536
b Less: accumulated depreciation 10b 17,300,660 11,435,477 10c 12,782,876
11 Investments—publicly traded securities . 36,818,435 11 45,412,451
12 Investments—other securities. See Part IV, line 11 ..... 3,491,638 12 6,675,206
13 Investments—program-related. See Part IV, line 11 .. 0 13 0
14 Intangible assets ............... 0 14 0
15 Other assets. See Part IV, line 11 ........... 8,497,826 15 11,413,863
16 Total assets. Add lines 1 through 15 (must equal line 33)... 74,300,679 16 95,075,835
Liabilities 17 Accounts payable and accrued expenses ..... 2,663,787 17 3,557,793
18 Grants payable ... 0 18 0
19 Deferred revenue ......... 25,819,837 19 26,069,226
20 Tax-exempt bond liabilities ......... 0 20 0
21 Escrow or custodial account liability. Complete Part IV of Schedule D 0 21 0
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 .........
0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 0 23 0
24 Unsecured notes and loans payable to unrelated third parties .. 0 24 0
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 113,066 25 21,850
26 Total liabilities. Add lines 17 through 25.. 28,596,690 26 29,648,869
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 45,703,989 27 65,426,966
28 Net assets with donor restrictions ........... 0 28 0
Organizations that do not follow FASB ASC 958, check here right arrow 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 ........... 45,703,989 32 65,426,966
33 Total liabilities and net assets/fund balances ........ 74,300,679 33 95,075,835
Form 990 (2023)
Form 990 (2023)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
66,556,057
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
53,961,172
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
12,594,885
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
45,703,989
5
Net unrealized gains (losses) on investments ...............
5
4,224,817
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
2,903,275
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
65,426,966
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
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:
b
Were the organization’s financial statements audited by an independent accountant?
2b
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:
c
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?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?
3a
 
No
b
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.
3b
 
 
Form 990 (2023)
Form 990 (2023)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




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
Special Rules
......... 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) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
AMERICAN QUARTER HORSE ASSOCIATION
  		Employer identification number
75-0725576
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


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
AMERICAN QUARTER HORSE ASSOCIATION
  		Employer identification number

75-0725576
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) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
AMERICAN QUARTER HORSE ASSOCIATION
  		Employer identification number

75-0725576
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 $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use 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 (c) Use 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 (c) Use 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 (c) Use 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) (2023)
Additional Data


Software ID:  
Software Version:  
SCHEDULE C
(Form 990)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

right arrow Complete if the organization is described below. right arrow Attach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public
Inspection
If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV. See instructions for definition of “political campaign activities."

2
Political campaign activity expenditures. See instructions ....................................................................right arrow
$ 0
3
Volunteer hours for political campaign activities. See instructions ..................................................................
0

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 ................................right arrow
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 .......................right arrow
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................
4a
Was a correction made? ......................................................................................................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... right arrow
$ 0
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................right arrow

$ 0
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b...........right arrow

$ 0
4
Did the filing organization file Form 1120-POL for this year? ...................................................................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
(1) AQHA Political
Action Committee 		PO Box 200
Amarillo,TX79168 		20-2231130 0 0
2
3
4
5
6
For Paperwork Reduction Act Notice, see the instructions for Form 990.
Cat. No. 50084S
Schedule C (Form 990) 2022

Schedule C (Form 990) 2022
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check right arrowexpenses, and share of excess lobbying expenditures).
B Check right arrow
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................    
b Total lobbying expenditures to influence a legislative body (direct lobbying) ........................    
c Total lobbying expenditures (add lines 1a and 1b) ............................................................    
d Other exempt purpose expenditures ...............................................................................    
e Total exempt purpose expenditures (add lines 1c and 1d) ..................................................    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) .................................................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ...................................................................................................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in) 		(a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) Total
2a Lobbying nontaxable amount          
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		 
c Total lobbying expenditures          
d Grassroots nontaxable amount          
e Grassroots ceiling amount
(150% of line 2d, column (e))		  
f Grassroots lobbying expenditures          
Schedule C (Form 990) 2022


Schedule C (Form 990) 2022
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
Yes|No
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? ...........................................................................................................
 
 
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........
 
 
c
Media advertisements? ...................................................................................................
 
 
 
d
Mailings to members, legislators, or the public? .............................................................................
 
 
 
e
Publications, or published or broadcast statements? ...........................................................
 
 
 
f
Grants to other organizations for lobbying purposes? ..........................................................
 
 
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? .......................
 
 
 
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................
 
 
 
i
Other activities? ...................................................................................................................
 
 
 
j
Total. Add lines 1c through 1i ....................................................................................................
 
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
 
b
If "Yes," enter the amount of any tax incurred under section 4912 ...........................................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ...............................................
1
 
No
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................
2
Yes
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................
3
 
No
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members ......................................................................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).
a
Current year .............................................................................................................................
2a
 
b
Carryover from last year ............................................................................................................
2b
 
c
Total ...........................................................................................................................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................
4
 
5
Taxable amount of lobbying and political expenditures. See Instructions .........................................
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
Sch C Part I-A Line 1 The AQHA Political Action Committee was created to help further the interests of the Association and its members. The principal fundraising activity is held at the annual Convention of the AQHA, attended by AQHA members and staff. AQHA administrative staff provides accounting support for the funds of the PAC. Any and all funds related to the PAC are paid/received by a separate bank account held by the PAC. AQHA did not contribute to the AQHA PAC, or another PAC, during the fiscal year ended September 30, 2024.
Schedule C (Form 990) 2022


Additional Data


Software ID:  
Software Version:  

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
right arrow 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.
right arrow Attach to Form 990.
right arrow 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
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
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 ........    
5
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? ............
6
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? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
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.
Held at the End of the 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 July 25, 2006, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow  
4
Number of states where property subject to conservation easement is located right arrow  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow $  
8
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)? .............................
9
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.
1a
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.
b
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 .........................right arrow $  
(ii)
Assets included in Form 990, Part X ...............................right arrow $  
2
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:
a
Revenue included on Form 990, Part VIII, line 1 ..........................right arrow $  
b
Assets included in Form 990, Part X ...............................right arrow $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
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):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
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?...
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.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
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  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
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 ......          
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment right arrow  
b
Permanent endowment right arrow  
c
Term endowment right arrow  
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
 
 
(ii) Related organizations .................
3a(ii)
 
 
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
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 .....   197,529 197,529
b Buildings ....   6,574,418 6,270,330 304,088
c Leasehold improvements        
d Equipment ....   3,507,996 3,257,447 250,549
e Other .....   19,803,593 7,772,883 12,030,710
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..right arrow 12,782,876
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
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........    
(3) Other
(A) VENTURE CAPITAL PARTNERSHIPS		 6,675,206 F
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)right arrow 6,675,206
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.)right arrow  
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)PENSION ASSET 11,115,590
(2)ASSOCIATION LIFE INSURANCE 229,004
(3)401K FORFEITURES 69,269
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........right arrow 11,413,863
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 0
INTERCOMPANY PAYABLE 21,850








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)right arrow 21,850
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) 2022

Schedule D (Form 990) 2022
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 70,858,797
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a 4,224,817
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ........... 2d 155,900
e Add lines 2a through 2d ..................... 2e 4,380,717
3 Subtract line 2e from line 1.................. 3 66,478,080
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 77,977
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c 77,977
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 66,556,057
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 54,045,852
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 162,657
e Add lines 2a through 2d.................... 2e 162,657
3 Subtract line 2e from line 1................... 3 53,883,195
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 77,977
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b..................... 4c 77,977
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 53,961,172
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
Sch D Part X Line 2 The Association and the Foundation are qualifying organizations under Subsections 501(c)(5) and 501(c)(3), respectively, of the Internal Revenue Code and are exempt from federal and state income taxes under Section 509(a). However, they are subject to federal income tax from any unrelated business activities. The Association and Foundation believe that they do not have any uncertain tax positions that are material to the financial statements.
Sch D Part XI Line 2 d Other adjustments: $155,900. $143,069 of merchandise and coffee shop cost of goods sold reclassified from audit expense to revenue for the tax return, and $12,831 fundraising expense reported in audited financial statements as expense.
Sch D Part XII Line 2 d Other adjustments: $162,663. $143,069 of merchandise and coffee shop cost of goods sold reclassified from audit expense to revenue for the tax return, $12,831 fundraising expense reported in audited financial statements as expense, reclassified to revenue for tax return, $6,757 PAC Expense included within the audited financial statements revenue, and excluded as a separate filing entity for the tax return, $6 rounding.
Schedule D (Form 990) 2022


Additional Data


Software ID:  
Software Version:  




SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right arrow Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16.Right arrow Attach to Form 990.Right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.
1
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? . . . . . . . . . . . . . . . . . . . . . . . . .
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
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
Central America and the Caribbean 0 0 Grantmaking Business Plan funding 12,183
Central America and the Caribbean 0 0 Grantmaking uslge grants 2,693
Central America and the Caribbean 0 0 Program Services Educational Market 5,000
East Asia and the Pacific 0 0 Grantmaking Business Plan Funding 26,805
East Asia and the Pacific 0 0 Grantmaking uslge grants 24,015
East Asia and the Pacific 0 0 Program Services Educational Market 5,000
Europe (Including Iceland and Greenland) 0 0 Grantmaking Business plan funding 158,451
Europe (Including Iceland and Greenland) 0 0 Grantmaking uslge grants 29,274
Europe (Including Iceland and Greenland) 0 0 Program Services Educational Market 33,647
Middle East and North Africa 0 0 Grantmaking Business plan funding 7,000
Middle East and North Africa 0 0 Grantmaking uslge grants 9,323
Middle East and North Africa 0 0 Program Services Educational Market 2,500
North America 0 0 Grantmaking Business plan funding 60,570
North America 0 0 Grantmaking uslge grants 31,003
North America 0 0 Program Services educational market 13,778
South America 0 0 Grantmaking Business plan funding 15,721
South America 0 0 Grantmaking uslge grants 3,197
Sub-Saharan Africa 0 0 Grantmaking Business Plan Funding 7,000
Sub-Saharan Africa 0 0 Grantmaking uslge grants 8,676
Sub-Saharan Africa 0 0 Program Services Educational Market 2,500
3a Sub-total .... 0 0 440,160
b Total from continuation sheets to Part I ... 0 0 18,176
c Totals (add lines 3a and 3b) 0 0 458,336
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2023
Schedule F (Form 990) 2023
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.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of noncash
assistance 		(h) Description
of noncash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
Central America and the Caribbean EDUCATIONAL 7,000 wire      
Central America and the Caribbean EDUCATIONAL 5,183 wire      
South America EDUCATIONAL          
East Asia and the Pacific   27,225 wire      
East Asia and the Pacific   7,790 wire      
East Asia and the Pacific   5,805 wire      
East Asia and the Pacific   7,485 wire      
Europe (Including Iceland and Greenland)   39,029 wire      
Europe (Including Iceland and Greenland)   34,283 wire      
Europe (Including Iceland and Greenland)   12,098 wire      
Europe (Including Iceland and Greenland)   10,000 wire      
Europe (Including Iceland and Greenland)   8,000 wire      
Europe (Including Iceland and Greenland)   10,000 wire      
Europe (Including Iceland and Greenland)   7,460 wire      
Europe (Including Iceland and Greenland)   7,000 wire      
Europe (Including Iceland and Greenland)   7,000 wire      
Europe (Including Iceland and Greenland)   7,000 wire      
Europe (Including Iceland and Greenland)   7,000 wire      
Europe (Including Iceland and Greenland)   7,000 wire      
Europe (Including Iceland and Greenland)   7,000 wire      
Europe (Including Iceland and Greenland)   7,000 wire      
Europe (Including Iceland and Greenland)   6,953 wire      
Europe (Including Iceland and Greenland)   6,803 wire      
Middle East and North Africa   16,323 wire      
South America   50,844 wire      
North America   40,729 wire      
South America   7,610 wire      
South America   7,000 wire      
Sub-Saharan Africa   7,116 wire      
Sub-Saharan Africa   8,560 wire      
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 .......MediumBullet
0
3 Enter total number of other organizations or entities .......................MediumBullet
29
Schedule F (Form 990) 2023
Schedule F (Form 990) 2023Page 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.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
noncash
assistance 		(g) Description
of noncash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2023
Schedule F (Form 990) 2023
Page 4
Part IV
Foreign Forms
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). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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). . . . . . . . . . . . . . . . . . . . . . . .
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). . . . . . . . . . . . . . . . . . . . . . . . . . . .
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) .
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). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2023
Schedule F (Form 990) 2023
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
Sch F Part I Line 2 AQHA business plan funding - The American Quarter Horse Association provides funding to its international affiliates based on membership and horse population. This funding is used for the promotion of the quarter horse in the affiliate country and must be accounted for by sending copies of expenditures and examples of promotion.
Sch F Part I Line 3, and Sch F, Part II, Line 1 American Quarter Horse Association requires the use of queries of our accounting system to identify foreign expenditures in our financial statements revealing the source and geographic origin of those expenditures. Expenditures are based upon the accrual method of accounting.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2023
Additional Data


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Software Version:  



SCHEDULE G (Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
Part I
Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.


(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
             
             
             
             
             
             
             
             
             
             
Total . . . . . . . . . . . . . . . . . . . . right arrow      
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990) 2023
Schedule G (Form 990) 2023
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.









VerticalRevenue
(a) Event #1

golf tournament
(event type) 		(b) Event #2

 
(event type) 		(c) Other events

0
(total number) 		(d) Total events
(add col. (a) through col. (c))

1
Gross receipts . . . . .
42,849
 
 
42,849

2
Less: Contributions . . . .
 
 
 
 
3 Gross income (line 1 minus
line 2) . . . . . .
42,849
 
 
42,849



VerticalDirectExpenses
4 Cash prizes . . . . .        
5 Noncash prizes . . . . 348     348
6 Rent/facility costs . . . . 6,000     6,000
7 Food and beverages . . . 2,320     2,320
8 Entertainment . . . .        
9 Other direct expenses . . . 4,163     4,163
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow 12,831
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow 30,018
Part III
Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue
(a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))

1
Gross revenue . . . . .
 
 
 
 
VerticalDirectExpenses

2
Cash prizes . . . . .
 
 
 
 

3
Noncash prizes . . . .
 
 
 
 

4
Rent/facility costs . . . .
 
 
 
 

5
Other direct expenses . . .
 
 
 
 


6

Volunteer labor . . . .
%
%
%


7
Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow
 

8
Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow
 

9
Enter the state(s) in which the organization conducts gaming activities:
a
Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .
YesNo
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .
YesNo
b
If "Yes," explain:
 
Schedule G (Form 990) 2023
Schedule G (Form 990) 2023
Page 3
11
Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .
YesNo
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? . . . . . . . . . . . . . . . . .
YesNo
13
Indicate the percentage of gaming activity conducted in:
a
The organization's facility . . . . . . . . . . . . . . . . . .
13a
%
b
An outside facility . . . . . . . . . . . . . . . . . . . .
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? . . . . . . . . . . . . . . . . . . . . . . . .
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? . . . . . . . . . . . . . . . . . . .
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.
Return Reference Explanation
Schedule G (Form 990) 2023
Additional Data


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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
2023
Open to Public
Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number
75-0725576
Part I
General Information on Grants and Assistance
1
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? ........................
2
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 (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) Pink Buckle LLC
810 W Utah Ave Ste 7
Payson,UT84651 		92-4012078   10,000       general support
(2) RACING OFFICIALS ACCREDITATION PROGRAM
821 CorpDr
Lenxington,KY40503 		20-4137857   10,000       general support
(3) Working Ranch Cowboys Association
408 SW 7th
Amarillo,TX79101 		75-2632691   10,000       general support
(4) Keith Stallbories
5216 NW 111 Tarrace
Ok City,OK73162 		44-2620698   10,100       general support
(5) LAZY E ARENA
9600 Lazy E Dr
Guthrie,OK73044 		46-3835271   16,000       general support
(6) Miss Rodeo America
101 Pro Rodeo Dr
CO Sprgs,CO80919 		84-1189654 501(c)(3) 25,000       general support
(7) THE RUN FOR A MILLION INC
28150 N Alma School Pkwy STE 103-61
Scottdale,AZ85262 		84-1898946   30,000       Event support
(8) National High School Rodeo Association
12011 Tejon Suite 900
Denver,CO80234 		46-6015501   35,000       general support
(9) South Point Hotel & Casino
9777 Las Vegas Blvd S
Las Vegas,NV89183 		35-2275044   35,000       general support
(10) PRCA Properties Inc
101 Pro Rodeo Dr
CO Sprgs,CO80919 		84-0692637   63,000       general support
(11) Racing Medication and Testing
401 W Main St Ste 222
Lexington,KY40507 		84-0692637   76,000       general support
(12) TR THE AMERICAN LLC
227 W Monroe St STE 5000
Chicago,IL60606 		92-2478760   185,000       general support
(13) MCC MAGAZINES LLC
725 Broad Street
augusta,GA30901 		26-4132412   6,000       Event support
(14) ALL AMERICAN RUIDOSO DOWNS LLC
26225 US Hwy 70
Ruidosa Downs,NM88346 		82-2183460   6,431       general support
(15) NATIONAL CATTLEMEN'S BEEF ASSOCIATION
9110 E nichols Ave Ste 300
Centennial,CO80112 		84-0738973 501(c)(6) 10,000       general support
(16) OTE BERRY DBA OTE BERRYS JR STEER WRESTING
PO Box 854
Checotah,OK74426 		50-6046674   10,000       general support
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
2
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
15
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2023

Schedule I (Form 990) 2023
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)
(2)
(3)
(4)
(5)
(6)
(7)
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
Schedule I Part I, Line 2 MONITORING OF GRANTS: ALL GRANTS TO OUTSIDE ORGANIZATIONS ARE REVIEWED FOR THEIR APPLICABILITIY TO THE EXEMPT PURPOSE AND ACTIVITIES OF AQHA. APPLICATIONS ARE REVIEWED AND APPROVED BY THE COUNCIL AND EXECUTIVE COMMITTEE. UPON RECEIPT OF FUNDS, GRANT RECIPIENTS ARE NOT REQUIRED TO FURTHER DOCUMENT THE USE OF FUNDS. THE ASSOCIATION WORKS CLOSELY WITH ITS RELATED ORGANIZATION, AMERICAN QUARTER HORSE FOUNDATION, ITS SUPPORTED ORGANZATION, TO ENSURE THAT MONIES ARE USED FOR THEIR INTENDED PURPOSE. ALL EXPENDITURES ARE REVIEWED AND PRESENTED TO THE COUNCIL AND EXECUTIVE COMMITTEE FOR APPROVAL.
Schedule I, Part III during the preparation of the current year's form 990, it was evaluated and determined that competition winners' prize monies and in-kind trophies, buckles, and horse tack awards, would be more appropriately reported as a component of show and event expense, and not grants or assistance to individuals. in prior years, competition winnings were reported as grants or direct assistance to individuals, and as such, were reportable on schedule i, part III. all competition winners are chosen based upon skill level and are not based upon charitable or financial need.
Schedule I (Form 990) 2023



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Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic Attach to Form 990.
medium right arrow graphic Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
Part I
Questions Regarding Compensation
Yes
No
1a
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.
b
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 .....
1b
Yes
 
2
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? ....
2
Yes
 
3
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.
4
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:
a
Receive a severance payment or change-of-control payment? .............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
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.
5
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:
a
The organization? ....................
5a
 
 
b
Any related organization? .......................
5b
 
 
If "Yes," on line 5a or 5b, describe in Part III.
6
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:
a
The organization? ..................
6a
 
 
b
Any related organization? ......................
6b
 
 
If "Yes," on line 6a or 6b, describe in Part III.
7
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 ............
7
 
 
8
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 ..........................
8
 
 
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2023

Schedule J (Form 990) 2023
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
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1KARL STRESSMAN
CHIEF EXECUTIVE OFFICER 		(i)

(ii)		 395,275
-------------
  		44,500
-------------
0 		17,912
-------------
0 		19,800
-------------
0 		16,610
-------------
0 		494,097
-------------
0 		0
-------------
0
2AARON ENGET
Chief Strategy Officer 		(i)

(ii)		 193,211
-------------
  		10,152
-------------
0 		7,086
-------------
0 		12,978
-------------
0 		23,310
-------------
0 		246,737
-------------
0 		0
-------------
0
3CHRISTOPHER FANGIO
Dir of Project Management 		(i)

(ii)		 141,130
-------------
  		0
-------------
0 		1,655
-------------
0 		8,782
-------------
0 		4,259
-------------
0 		155,826
-------------
0 		0
-------------
0
4DAVID STEINMAN
Chief Information/Tech 		(i)

(ii)		 191,915
-------------
  		0
-------------
0 		257
-------------
0 		11,544
-------------
0 		3,680
-------------
0 		207,396
-------------
0 		0
-------------
0
5JANET VANBEBBER
Chief Racing Officer 		(i)

(ii)		 134,655
-------------
  		0
-------------
0 		6,853
-------------
0 		8,577
-------------
0 		9,712
-------------
0 		159,797
-------------
0 		0
-------------
0
6ROBERT PIERCE
Chief General Counsel 		(i)

(ii)		 302,712
-------------
  		0
-------------
0 		1,212
-------------
0 		18,720
-------------
0 		23,233
-------------
0 		345,877
-------------
0 		0
-------------
0
7Scott Neuman
Dir. of Competitions 		(i)

(ii)		 171,120
-------------
  		0
-------------
0 		472
-------------
0 		9,646
-------------
0 		6,417
-------------
0 		187,655
-------------
0 		0
-------------
0
8TAMMY CANIDA
Registrar 		(i)

(ii)		 127,034
-------------
  		4,975
-------------
0 		6,662
-------------
0 		8,175
-------------
0 		9,091
-------------
0 		155,937
-------------
0 		0
-------------
0
Schedule J (Form 990) 2023

Schedule J (Form 990) 2023
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
Schedule J (Form 990) 2023

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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.
Attach to Form 990 or Form 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
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 (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... $
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ $
 

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?
To From 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
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990) 2023
Schedule L (Form 990) 2023
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?
Yes No
(1) THUNDERBIRD ADVISORY GROUP LLC OWNED BY OFFICER 175,717 CONTRACTED CFO SERVices   No
(2) SOLO SELECT HORSES LLC HORSE SALES OWNED BY DIRECTOR 126,436 PURCHASE & REGISTRATION SERV.   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990) 2023


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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.
Attach to Form 990 or 990-EZ.
 Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
Return Reference Explanation
Form 990 Part I Line 1 In the World AQHA members share a passion for the American quarter horse and the vast lifestyle created by the world's most popular horse. Whether you are a seasoned horse show veteran, a fan of the race track, a backyard horse enthusiast or simply someone dreaming of someday owning a horse, an AQHA membership will provide countless benefits and a means in which a connection can be made between members with similar passions. Located in Amarillo, Texas, AQHA has registered more than 7 million American Quarter horses and serves more than 229,200 members worldwide. AQHA functions as the official record keeping and governing body of the American Quarter Horse industry. AQHA records all American Quarter Horse ownership, processes approved show and race results, catalogs performance and produce data on all American Quarter Horses, maintains Association Funds and publications.
Form 990 Part III Line 1 Develop diverse educational programs, materials and curriculum that will position AQHA as the leading resource organization in the equine industry. To generate growth of AQHA membership via the marketing, promotion, advertising and publicity of the American Quarter Horse; to ensure the American Quarter Horse is treated humanely, with dignity, respect and compassion at all times.
Form 990 Part VI SECTION A Line 2 KATHY HEADLEY, BOARD OF TRUSTEES, and STEVEN R HEADLEY, Director, Family relationship. Shawn Magee, DIRECTOR at large, and JACOB L MAGEE, DIRECTOR, Family relationship. JOSHUA LITTLE, DIRECTOR, and GALE LITTLE, DIRECTOR, FAMILY relationship. ELEANOR M GREEN, DIRECTOR emeritus, and Dr. Jim Heird, past president, family and business relationship. Kenneth Banks, PAST PRESIDENT, and LAINA P BANKS, DIRECTOR at large, Family relationship. Robin Merrill, honorary vice president, and FRANK G MERRILL, past president, Family relationship.
form 990 Part VI section a line 3 THE ORGANIZATION HIRED Andrew Barbe, OF thunderbird advisory group, llc, FOR CONTRACTED CFO SERVICES, for the period June 2023 TO DECEMBER 2023. MR. BARBE BECAME A FULL-TIME EMPLOYEE-OFFICER OF THE ORGANIZATION as of january 1, 2024. thunderbird advisory group, llc WAS PAID $198,645 DURING THE 2023 CALENDAR YEAR FOR THE SERVICES PROVIDED. thunderbird advisory group, llc WAS PAID $175,717 FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2024 FOR SERVICES PROVIDED. ANDREW BARBE RECEIVED COMPENSATION THROUGH thunderbird advisory group, llc FOR SERVICES PROVIDED TO THE FILING ORGANIZATION, FOR THE CALENDAR YEAR 2023, THE SPECIFIC AMOUNT IS NOT KNOWN. THE COST OF THE CONTRACTED CFO SERVICES FOR THE FISCAL YEAR ARE REFLECTED ON FORM 990, PART IX, Line 11a
Form 990 Part VI SECTION A Line 6 The American Quarter Horse Association is a nonprofit corporation that is composed of approximately 229,100 members worldwide. The members in attendance each have a vote at the annual membership meetings. These members are divided into geographical areas representing states, provinces, countries, or regions. These members are represented on the board of directors. The total number of elected directors is 298. The number of directors representing an area is determined by the number of registered American Quarter Horses in their Geographic region. The members form each region elect the directors from their region. The members approve all decisions of the board of directors and executive committee at the annual meeting. See section II and III of the by-laws.
Form 990 Part VI section a Line 7A The board of directors is composed of elected directors, past presidents, directors emeriti, directors-at-large, honorary vice presidents, and appointed international directors. All of these have voting rights on the board of directors provided they adhere to the policies to maintain their voting rights. The board of directors meets annually at the annual membership meeting. The board of directors elects the executive committee, which has all rights of the board of directors except the power to change by-laws and any rules pertaining to the registration of horses. The executive committee is a five-member committee consisting of the president, first vice-president, second vice president, and two members, See section IV and V of the by-laws.
Form 990 part vi section a line 7b THE DECISIONS OF THE EXECUTIVE COMMITTEE ARE APPROVED BY THE BOARD OF DIRECTORS. THE ACTIONS OF THE BOARD OF DIRECTORS ARE APPROVED BY THE MEMBERS AT THE ANNUAL MEMBERSHIP MEETING.
Form 990 Part VI section b Line 11 B The 990 is completed with the assistance of the accounting department in conjunction with the CFO/Treasurer and an outside accounting firm. The 990 is then reviewed by the CFO/Treasurer and the CEO. The board of directors through the executive committee also reviews the return. After filing, the 990 is available to anyone upon request.
Form 990 Part VI section b Line 12 b ALL BOARD MEMBERS, OFFICERS, KEY EMPLOYEES, AND HIGHLY COMPENSATED INDIVIDUALS ARE REQUIRED TO FILL OUT THE CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS. ALL OF THESE RESPONSES ARE REVIEWED TO DETERMINE WHERE CONFLICTS MAY EXIST. IF A CONFLICT ARISES, THE BOARD MEMBER WITH SUCH CONFLICT WILL NOT BE ALLOWED TO VOTE ON THE TRANSACTION INVOLVED.
Form 990 Part VI section b line 15 a & b The executive committee approves compensation for the CEO, CFO/Treasurer, and key employees. Market studies are completed to ensure compensation is in alignment with comparable roles in similarly situated organizations. The executive committee has received independent reviews of the CEO's compensation in the past, but it is not done on an annual basis. The documentation of their decisions is reflected in the minutes of the executive committee meetings. The compensation process was last done in 2019.
Form 990 Part VI section c Line 19 The organization's governing documents are printed in the annual official handbook that is available upon request to all members and is posted on the AQHA website. The information can also be downloaded through the AQHA app. The conflict of interest policy is available to the public upon request. The consolidated audited financial statements are presented to the members at the annual meeting and then posted on the AQHA website.
Form 990 Part IX line 2 and 3 during the preparation of the current year's form 990, it was evaluated and determined that competition winners' prize monies and in-kind trophies, buckles, and horse tack awards, would be more appropriately reported as a component of show and event expense, and not grants or assistance to individuals. in prior years, competition winnings were reported as grants or direct assistance to individuals, and as such, were included on 990 part ix line 2 and 3 (if foreign individual) and reportable on schedule i, part III. all competition winners are chosen based upon skill level and are not based upon charitable or financial need.
Form 990 Part XI, line 9 Other change in net assets: $2,903,275 Pension liability adjustment.
form 990 part xii line 2 c THERE HAS BEEN NO CHANGE IN THE SELECTION OF A FINANCIAL STATEMENT AUDITOR OR IN THE REVIEW OF THE FINANCIAL STATEMENT AUDIT, FROM PRIOR YEARS.
FORM 990 PART IX LINE 11G DESCRIPTION:ARENA GROUND SERVICE TOTAL FEES:44778
FORM 990 PART IX LINE 11G DESCRIPTION:ARENA TECH SERVICE TOTAL FEES:24455
FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACT LABOR TOTAL FEES:3503923
FORM 990 PART IX LINE 11G DESCRIPTION:EQUINE PROFESSIONAL FEES TOTAL FEES:34305
FORM 990 PART IX LINE 11G DESCRIPTION:PAYROLL PROCESSING FEE TOTAL FEES:184685
FORM 990 PART IX LINE 11G DESCRIPTION:PROFESSIONAL FEES - OTHER TOTAL FEES:2122015
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2023


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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.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
AMERICAN QUARTER HORSE ASSOCIATION
 
Employer identification number

75-0725576
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










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?
Yes No
(1)American Quarter Horse Foundation
PO Box 200

Amarillo,TX79168
51-0187823 		See Part VII TX 501(c)(3) 12 (a) AQHA
 
Yes
 












For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
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



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(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
Yes No Yes No












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?
Yes No












Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
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
No
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 .....................
1a
 
No
b Gift, grant, or capital contribution to related organization(s) ............................
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) ............................
1d
 
No
e Loans or loan guarantees by related organization(s) ............................
1e
Yes
 
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
Yes
 
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
Yes
 
o Sharing of paid employees with related organization(s) ............................
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses ............................
1p
 
No
q Reimbursement paid by related organization(s) for expenses ............................
1q
 
No
r Other transfer of cash or property to related organization(s) ............................
1r
Yes
 
s Other transfer of cash or property from related organization(s) ............................
1s
Yes
 
2
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) American Quarter Horse Foundation

 b 310,755 Cash & in-kind
(2) American Quarter Horse Foundation

 L 305,755 in-kind value
(3) American Quarter Horse Foundation

 M 345,000 cash



Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
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) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(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
Yes No Yes No Yes No






























Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R, Part II, Line 1, Column B American Quarter Horse Foundation Primary Activity : Support of educational projects of interest to devotees of the quarter horse.
Schedule R (Form 990) 2023

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