Civic Intelligence

Breeders' Cup Limited

990 • Fiscal year 2017 • EIN 13-3082904

Feb 01, 2016 to Jan 31, 2017 • Filed on Oct 19, 2017

Organization Profilewww.breederscup.com

View Organization Page

2525 Harrodsburg RoadLexington, KY 40504

(859) 223-5444

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.06x

Higher debt load relative to assets than 14% of similar nonprofits.

2017 filings • 501(c)6 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

10th percentile

0.07x

Higher debt load relative to revenue than 10% of similar nonprofits.

2017 filings • 501(c)6 • $50M-$100M nonprofits • Source year 2017

Net Margin

54th percentile

6.2%

Higher net margin than 54% of similar nonprofits.

2017 filings • 501(c)6 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

52nd percentile

$736,913

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2017 filings • 501(c)6 • $50M-$100M nonprofits • Source year 2017

Asset Growth

54th percentile

7.6%

Faster asset growth than 54% of similar nonprofits.

2017 filings • 501(c)6 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

38th percentile

2.3%

Faster revenue growth than 38% of similar nonprofits.

2017 filings • 501(c)6 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$57,089,222

Up $4,054,362 (+7.6%) from 2016

Net Assets

Up

$53,884,088

Up $5,071,240 (+10%) from 2016

Liabilities

Down

$3,205,134

Down $1,016,878 (-24%) from 2016

Revenue And Expenses
Liabilities / Revenue10th percentileNet Margin54th percentile

Revenue

Up

$45,194,768

Up $1,018,753 (+2.3%) from 2016

Expenses

Up

$42,390,145

Up $1,515,798 (+3.7%) from 2016

Net Income

Down

$2,804,623

Down $497,045 (-15%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $49,516,358Liabilities 2010: $10,704,976Net Assets 2010: $38,811,3822010Assets 2011: $53,868,282Liabilities 2011: $11,307,342Net Assets 2011: $42,560,9402011Assets 2012: $49,482,022Liabilities 2012: $5,813,520Net Assets 2012: $43,668,5022012Assets 2013: $52,892,349Liabilities 2013: $7,890,480Net Assets 2013: $45,001,8692013Assets 2014: $60,769,270Liabilities 2014: $15,294,149Net Assets 2014: $45,475,1212014Assets 2015: $54,492,917Liabilities 2015: $7,271,255Net Assets 2015: $47,221,6622015Assets 2016: $53,034,860Liabilities 2016: $4,222,012Net Assets 2016: $48,812,8482016Assets 2017: $57,089,222Liabilities 2017: $3,205,134Net Assets 2017: $53,884,0882017Assets 2018: $63,519,213Liabilities 2018: $726,392Net Assets 2018: $62,792,8212018Assets 2019: $69,664,917Liabilities 2019: $905,348Net Assets 2019: $68,759,5692019Assets 2020: $85,293,196Liabilities 2020: $8,200,882Net Assets 2020: $77,092,3142020Assets 2021: $95,226,655Liabilities 2021: $18,745,108Net Assets 2021: $76,481,5472021Assets 2022: $117,837,245Liabilities 2022: $16,181,054Net Assets 2022: $101,656,1912022Assets 2023: $111,786,548Liabilities 2023: $20,169,720Net Assets 2023: $91,616,8282023Assets 2024: $113,159,231Liabilities 2024: $18,100,897Net Assets 2024: $95,058,3342024Assets 2025: $123,730,032Liabilities 2025: $22,666,258Net Assets 2025: $101,063,7742025

Highlighted filing

2017

Assets$57,089,222
Liabilities$3,205,134
Net Assets$53,884,088
Open 2017 Filing

Operations Trend

Revenue Growth38th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80M$60M$40M$20M$0-$20MExpenses 2010: $42,145,6552010Revenue 2011: $45,321,443Expenses 2011: $41,578,288Net Income 2011: $3,743,1552011Revenue 2012: $797,651Expenses 2012: $689,880Net Income 2012: $107,7712012Revenue 2013: $40,853,271Expenses 2013: $42,886,966Net Income 2013: -$2,033,6952013Revenue 2014: $38,674,888Expenses 2014: $42,090,708Net Income 2014: -$3,415,8202014Revenue 2015: $40,153,658Expenses 2015: $42,002,613Net Income 2015: -$1,848,9552015Revenue 2016: $44,176,015Expenses 2016: $40,874,347Net Income 2016: $3,301,6682016Revenue 2017: $45,194,768Expenses 2017: $42,390,145Net Income 2017: $2,804,6232017Revenue 2018: $49,518,649Expenses 2018: $48,214,489Net Income 2018: $1,304,1602018Revenue 2019: $51,067,347Expenses 2019: $47,226,586Net Income 2019: $3,840,7612019Revenue 2020: $46,230,829Expenses 2020: $46,844,817Net Income 2020: -$613,9882020Revenue 2021: $45,264,565Expenses 2021: $52,564,127Net Income 2021: -$7,299,5622021Revenue 2022: $60,542,303Expenses 2022: $49,372,175Net Income 2022: $11,170,1282022Revenue 2023: $51,010,416Expenses 2023: $50,197,979Net Income 2023: $812,4372023Revenue 2024: $48,087,353Expenses 2024: $51,247,098Net Income 2024: -$3,159,7452024Revenue 2025: $51,462,177Expenses 2025: $57,952,209Net Income 2025: -$6,490,0322025

Highlighted filing

2017

Revenue$45,194,768
Expenses$42,390,145
Net Income$2,804,623
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Feb 1, 2016 to Jan 31, 2017
Signed
Oct 19, 2017
Return Version
2016v3.0
Gross Receipts
$54,502,811
Mission and Program Overview

Mission

To conduct the breeders' cup world championships at the highest levels of quality, safety and integrity and to promote the growth of thoroughbred breeding, racing and sales through proactive leadership, innovation and service.

To support breeders by promoting the growth of the thoroughbred racing industry and improving business conditions for breeders through the staging of the Breeders' Cup competition

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$28,379,536$31,666,884▲ $3,287,348
Investments Other Securities$13,757,910$13,320,006▼ $437,904
Accounts Receivable$2,691,696$1,707,402▼ $984,294
Savings and Temporary Cash Investments$136,327$425,599▲ $289,272
Prepaid Expenses and Deferred Charges$223,573$278,757▲ $55,184
Land, Buildings, and Equipment, Net$170,249$225,038▲ $54,789
Intangible Assets$4,847$4,146▼ $701
Total Assets$53,034,860$57,089,222▲ $4,054,362
Other Assets Total$7,670,722$9,461,390▲ $1,790,668
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,076,840$2,295,184▼ $781,656
Accounts Payable and Accrued Expenses$1,145,172$909,950▼ $235,222
Total Liabilities$4,222,012$3,205,134▼ $1,016,878
Net Assets / Fund Balance
Unrestricted Net Assets$48,747,848$53,819,088▲ $5,071,240
Temporarily Rstr Net Assets$65,000$65,000→ $0
Total Net Assets Fund Balance$48,812,848$53,884,088▲ $5,071,240
Total Liabilities and Net Assets / Fund Balance$53,034,860$57,089,222▲ $4,054,362

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$223,760$840,497$1,064,257
Equipment$1,278$5,704$6,982
Other Assets Org$9,367,930--
Other Securities$2,500,000--
Financial Derivatives$8,437,123--
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Craig FravelPresident/CEOFT$691,562$45,351$736,913
Bryan PettigrewSR VP Marketing and SponsoFT$264,613$32,306$296,919
Dora J DelgadoSR VP Racing & nominationsFT$245,364$45,091$290,455
Robert N EllistonExecutive VP & COOFT$248,250$31,515$279,765
Peter RotondoVP Media EntertainmentFT$214,400$14,945$229,345
Justin N McDonaldVP MArketing & Digital MedFT$172,675$27,866$200,541
Todd SparksVP Information TechnologyFT$148,600$32,146$180,746
Drew FlemingSR VP Operations & DevelopmentFT$160,028$12,571$172,599
TIm SchramVP Finace & HRFT$143,025$19,409$162,434
Stefanie A PalmieriSR Director Special EventsFT$133,899$15,037$148,936
Heather HigginsVP Corporate PArtnershipsFT$131,336$15,863$147,199
Michael NewmanVP TreasurerFT$119,436$17,298$136,734

Board Members and Trustees

NameTitle
Anthony BeckDirector
Barbara BankeDirector
Bill Oppenhiemdirector
Bobby FlayDirector
Bret JonesDirector
Clem MurphyDirector
Dan PrideDirector
Elliott WaldenDirector
Fred W Hertrich IIIDirector
J David Richardson MDDirector
Mike RogersDirector
Roy Jacksondirector
Tom Ludtdirector
William S Farish Jrdirector
Bob WattSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$44,063,241
Investment Income
$1,112,733
Other Revenue
$18,794
Change in Net Assets
$2,804,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$38,669,153
Salaries, Compensation, and Employee Benefits$3,678,092
Grants and Similar Amounts Paid$42,900
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$4,222,787
Current Officers, Directors, Trustees, and Key Employees---$2,982,588
Office Expenses---$804,356
Travel---$516,435
Fees for Service Investment Mgmnt Fees---$259,086
Other Salaries and Wages---$258,195
Payroll Taxes---$196,091
Other Expenses---$195,833
Other Employee Benefits---$189,525
Fees for Services Other---$167,335
Insurance---$110,178
Conferences and Meetings---$107,055
Depreciation Depletion---$61,913
Fees for Services Legal---$58,815
Pension Plan Contributions---$51,693
Fees for Services Accounting---$47,143
Grants to Domestic Orgs---$42,900
Interest---$42,005
Occupancy---$15,953
Total Functional Expenses$0$0$0$42,390,145
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Thoroughbred Aftercare alliance foundation incLexington, KY501(c)(3)Equine Facility support$42,900

International Summary

Offices
0
Employees
0
Spending
$8,529,342

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,InvestmentsConsulting00$8,437,123
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesAdvertising00$30,750
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesNominations00$30,000
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesConsulting00$20,894
North America - Canada and Mexico, but not the United StatesProgram Services-00$6,000
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesNominations00$4,575
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“The board of trustees and directors of Breeders' cup limited consists primarily of individuals involved in many facets of the thoroughbred industry, including the breeding and racing of thoroughbred horses. Breeders' cup limited's trustees and directors may own horses directly or through partnerships that are eligible for breeders' cup purses or awards. Certain trustees, directors or their farms are managers with respect to certain stallions and foals that collectively generate a majority of the stallion and foal nomination fees on behalf of Breeders' Cup Limited.”

Form 990, Part VI, Section A, line 6

“Through breeders' cup championships, breeders' cup challenge series, year round stakes program, and nominations program, breeders' cup limited promotes the thoroughbred industry by enhancing public awareness of thoroughbred racing and the industry in general track promotion of breeders' cup races, television, radio and internet promotions, newsfeeds, press conferences, press releases, the kentucky horse park exhibit, and other promotional campaigns are all used to increase public awareness and promote the thoroughbred industry more than 94,000 spectators attended the 2015 breeders' cup championships which generated over $30 million in revenues for the organization the financial success of the 2015 championships enabled the organization to fund nearly $28.2 million in purses and nominator awards for the year”

Form 990, Part VI, Section A, line 7A

“There are 44 members. Members have the right to change corporate bylaws and to elect the governing body”

Form 990, Part VI, Section A, line 7B

“Decisions requirirng approval by members include only changes to bylaws”

Form 990, Part VI, Section B, line 11B

“Reviewed by senior financial managers, finance & audit committee, and the governing body during june 2016. After their review, a final draft of the form 990 is distributed via email to the entire board of directors before it is filed with the irs.”

Form 990, Part VI, Section B, line 12C

“Conflict of interest questionnaire is completed by each board member annually. Employees are subject to the conflict of interest policy and are required to contact the human resources department should a conflict arise. Potential conflicts are reviewed by outside legal counsel to determine if additional followup and review is appropriate. if a conflict is identified, the individuals involved in the conflict must remove themselves from the decision making process associated with the conflict.”

Form 990, Part VI, Section B, line 15

“A third party consultant reviewed company's compensation for key managment employees for 2015. the compensation comittee reviews the compnay's annual compensation budget prior to the review and approval of compensation by the board of directors. the compensation committe reviews year-end bonuses for all employees. the board of directors reviews and approves year-end bonuses for senior manager on an individual basis”

Form 990, Part VI, Section C, line 19

“Annual audited financial statements are published on company web page. Governing documents and policies are available for review upon request at the organization's corporate office”

Filing and Contact Details

Filer

Filer Name
Breeders' Cup Limited
EIN
13-3082904
Phone
8592235444
Address
2525 Harrodsburg Road, Lexington, KY 40504

Signing Officer

Name
MIchael Newman
Title
Treasurer
Phone
8592235444
Signed
2017-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Craig Fravel
Formed
1980
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
13
Employees
35
Volunteers
50

Preparer

Firm
Strothman & Company PSC
Address
325 W Main St Suite 1600, Louisville, KY 40202-4251
Preparer
William G Meyer III
Phone
5025851600
Supplemental Narrative

Additional Explanations

Part XII, Line 2C Explanation

“Oversight and selection of the independent auditors is done by the finance & Audit committee.”

Financial Statement Notes

Part X, Line 2:

“In respect to accounting for uncertainty in income taxes, a tax position is recognized as a benefit only if it is more likely than not that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more likely than not test, no tax benefit is recorded.”

Raw XML AppendixShowing 400 of 808 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01145172
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0909950
IRS990/AccountsReceivableGrp/BOYAmt02691696
IRS990/AccountsReceivableGrp/EOYAmt01707402
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To support breeders by promoting the growth of the thoroughbred racing industry and improving business conditions for breeders through the staging of the Breeders' Cup competition
IRS990/AdvertisingGrp/TotalAmt04222787
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Michael Newman
IRS990/BooksInCareOfDetail/PhoneNum08592235444
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02525 Harrodsburg Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0Lexington
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040504
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt02982588
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt0107055
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt042900
IRS990/CYInvestmentIncomeAmt01112733
IRS990/CYOtherExpensesAmt038669153
IRS990/CYOtherRevenueAmt018794
IRS990/CYProgramServiceRevenueAmt044063241
IRS990/CYRevenuesLessExpensesAmt02804623
IRS990/CYSalariesCompEmpBnftPaidAmt03678092
IRS990/CYTotalExpensesAmt042390145
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt045194768
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt061913
IRS990/Desc0Through breeders' cup championships, breeders' cup challenge series, year round stakes program, and nominations program, breeders' cup limited promotes the thoroughbred industry by enhancing public awareness of thoroughbred racing and the industry in general. Track promotion of breeder's cup races, television, radio and internet promotions, newsfeeds, press conference, press releases, the kentucky horse park exhibit, and other promotional campaigns are all used to increase public awareness and promote the thoroughbred industry. More than 118,000 spectators attended the 2016 Breeder's cup championships hich generated over $32 million in revenues for the organization. the financial success of the 2016 championships enabled the organization to fund nearly $31.1 million in purses and awards for the year.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt035
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/ExpenseAmt042390145
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt047143
IRS990/FeesForServicesLegalGrp/TotalAmt058815
IRS990/FeesForServicesOtherGrp/TotalAmt0167335
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0259086
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt192.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt045351
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1517298
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1645091
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1712571
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1832306
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2031515
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2114945
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2227866
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2332146
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2419409
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2515863
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2615037
IRS990/Form990PartVIISectionAGrp/PersonNm0Craig Fravel
IRS990/Form990PartVIISectionAGrp/PersonNm1Anthony Beck
IRS990/Form990PartVIISectionAGrp/PersonNm2DAN PRIDE
IRS990/Form990PartVIISectionAGrp/PersonNm3Mike Rogers
IRS990/Form990PartVIISectionAGrp/PersonNm4J David Richardson MD
IRS990/Form990PartVIISectionAGrp/PersonNm5Elliott Walden
IRS990/Form990PartVIISectionAGrp/PersonNm6Bret Jones
IRS990/Form990PartVIISectionAGrp/PersonNm7Fred W Hertrich III
IRS990/Form990PartVIISectionAGrp/PersonNm8Clem Murphy
IRS990/Form990PartVIISectionAGrp/PersonNm9Barbara Banke
IRS990/Form990PartVIISectionAGrp/PersonNm10BOBBY FLAY
IRS990/Form990PartVIISectionAGrp/PersonNm11William S Farish Jr
IRS990/Form990PartVIISectionAGrp/PersonNm12Bill Oppenhiem
IRS990/Form990PartVIISectionAGrp/PersonNm13Roy Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm14Tom Ludt
IRS990/Form990PartVIISectionAGrp/PersonNm15Michael Newman
IRS990/Form990PartVIISectionAGrp/PersonNm16Dora J Delgado
IRS990/Form990PartVIISectionAGrp/PersonNm17Drew Fleming
IRS990/Form990PartVIISectionAGrp/PersonNm18Bryan Pettigrew
IRS990/Form990PartVIISectionAGrp/PersonNm19Bob Watt
IRS990/Form990PartVIISectionAGrp/PersonNm20Robert N Elliston
IRS990/Form990PartVIISectionAGrp/PersonNm21Peter Rotondo
IRS990/Form990PartVIISectionAGrp/PersonNm22Justin N McDonald
IRS990/Form990PartVIISectionAGrp/PersonNm23TODD SPARKS
IRS990/Form990PartVIISectionAGrp/PersonNm24TIm Schram
IRS990/Form990PartVIISectionAGrp/PersonNm25Heather Higgins
IRS990/Form990PartVIISectionAGrp/PersonNm26Stefanie A Palmieri
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0691562
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15119436
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16245364
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17160028
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18264613
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20248250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21214400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22172675
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23148600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24143025
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25131336
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26133899
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0President/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11director
IRS990/Form990PartVIISectionAGrp/TitleTxt12director
IRS990/Form990PartVIISectionAGrp/TitleTxt13director
IRS990/Form990PartVIISectionAGrp/TitleTxt14director
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt16SR VP Racing & nominations
IRS990/Form990PartVIISectionAGrp/TitleTxt17SR VP Operations & Development
IRS990/Form990PartVIISectionAGrp/TitleTxt18SR VP Marketing and Sponso
IRS990/Form990PartVIISectionAGrp/TitleTxt19Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt20Executive VP & COO
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP Media Entertainment
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP MArketing & Digital Med
IRS990/Form990PartVIISectionAGrp/TitleTxt23VP Information Technology
IRS990/Form990PartVIISectionAGrp/TitleTxt24VP Finace & HR
IRS990/Form990PartVIISectionAGrp/TitleTxt25VP Corporate PArtnerships
IRS990/Form990PartVIISectionAGrp/TitleTxt26SR Director Special Events
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-2380
IRS990/GainOrLossGrp/SecuritiesAmt0923715
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt042900
IRS990/GrantsToDomesticOrgsGrp/TotalAmt042900
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt010229378
IRS990/GrossReceiptsAmt054502811
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt012
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt0110178
IRS990/IntangibleAssetsGrp/BOYAmt04847
IRS990/IntangibleAssetsGrp/EOYAmt04146
IRS990/InterestGrp/TotalAmt042005
IRS990/InvestmentIncomeGrp/ExclusionAmt0191398
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0191398
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt013757910
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt013320006
IRS990/InvestmentsPubTradedSecGrp/BOYAmt028379536
IRS990/InvestmentsPubTradedSecGrp/EOYAmt031666884
IRS990/IRPDocumentCnt0130
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0846201
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0170249
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0225038
IRS990/LandBldgEquipCostOrOtherBssAmt01071239
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02380
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt09305663
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To support breeders by promoting the growth of the thoroughbred racing industry and improving business conditions for breeders through the staging of the breeders' cup competition
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03076840
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02295184
IRS990/NetAssetsOrFundBalancesBOYAmt048812848
IRS990/NetAssetsOrFundBalancesEOYAmt053884088
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0921335
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0921335
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02266617
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt015953
IRS990/OfficeExpensesGrp/TotalAmt0804356
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07670722
IRS990/OtherAssetsTotalGrp/EOYAmt09461390
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0189525
IRS990/OtherExpensesGrp/Desc0Purse Expense
IRS990/OtherExpensesGrp/Desc1Television Expenses
IRS990/OtherExpensesGrp/Desc2Direct Event Operations
IRS990/OtherExpensesGrp/Desc3Membership Dues to NTRA
IRS990/OtherExpensesGrp/TotalAmt031029515
IRS990/OtherExpensesGrp/TotalAmt1528988
IRS990/OtherExpensesGrp/TotalAmt2501756
IRS990/OtherExpensesGrp/TotalAmt3195833
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other
IRS990/OtherRevenueMiscGrp/ExclusionAmt018794
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018794
IRS990/OtherRevenueTotalAmt018794
IRS990/OtherSalariesAndWagesGrp/TotalAmt0258195
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt0196091
IRS990/PensionPlanContributionsGrp/TotalAmt051693
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0223573
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0278757
IRS990/PrincipalOfficerNm0Craig Fravel
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0Simulcast Fees & Host Track Contr
IRS990/ProgramServiceRevenueGrp/Desc1NOMINATION FEES
IRS990/ProgramServiceRevenueGrp/Desc2Entry Fees
IRS990/ProgramServiceRevenueGrp/Desc3Rights and Royalties
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017209031
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115610640
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28265000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32978570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017209031
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115610640
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28265000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32978570
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt087512
IRS990/PYInvestmentIncomeAmt01989654
IRS990/PYOtherExpensesAmt036842476
IRS990/PYOtherRevenueAmt02750
IRS990/PYProgramServiceRevenueAmt042183611
IRS990/PYRevenuesLessExpensesAmt03301668
IRS990/PYSalariesCompEmpBnftPaidAmt03944359
IRS990/PYTotalExpensesAmt040874347
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt044176015
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02804623
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt044063241
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0136327
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0425599
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01278
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05704

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$57,089,222
Liabilities
$3,205,134
Net assets
$53,884,088
Revenue
$45,194,768
Expenses
$42,390,145
Net income
$2,804,623
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$124$22.7$101$51.5$58.0$6.49
2024Detailed filing. Detailed filing data is available for this year.$113$18.1$95.1$48.1$51.2$3.16
2023Detailed filing. Detailed filing data is available for this year.$112$20.2$91.6$51.0$50.2$0.81
2022Detailed filing. Detailed filing data is available for this year.$118$16.2$102$60.5$49.4$11.2
2021Detailed filing. Detailed filing data is available for this year.$95.2$18.7$76.5$45.3$52.6$7.30
2020Detailed filing. Detailed filing data is available for this year.$85.3$8.20$77.1$46.2$46.8$0.61
2019Detailed filing. Detailed filing data is available for this year.$69.7$0.91$68.8$51.1$47.2$3.84
2018Detailed filing. Detailed filing data is available for this year.$63.5$0.73$62.8$49.5$48.2$1.30
2017Detailed filing. Detailed filing data is available for this year.$57.1$3.21$53.9$45.2$42.4$2.80
2016Detailed filing. Detailed filing data is available for this year.$53.0$4.22$48.8$44.2$40.9$3.30
2015Detailed filing. Detailed filing data is available for this year.$54.5$7.27$47.2$40.2$42.0$1.85
2014Detailed filing. Detailed filing data is available for this year.$60.8$15.3$45.5$38.7$42.1$3.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.9$7.89$45.0$40.9$42.9$2.03
2012Summary only. Only limited summary data is available for this year.$49.5$5.81$43.7$0.80$0.69$0.11
2011Summary only. Only limited summary data is available for this year.$53.9$11.3$42.6$45.3$41.6$3.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.5$10.7$38.8$42.1