UNITED STATES POLO ASSOCIATION INCPub 78
Pub 78
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$59,366,175
Other
66%
Investments
24%
Program Services
11%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$32,094,679
Other
38%
Salaries & Benefits
22%
Interest
10%
Grants
10%
Depreciation
7%
Fees to Service Providers
7%
Offices, Occupancy & IT
5%
Benefits to Members
<1%
Advertising & Promotion
<1%
Revenues
2023
2024
Change
Contributions
$30,000
$0
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$6,436,524
$6,334,566
-2%
Membership Dues
$0
$0
-
Investments
$9,667,750
$14,110,602
+46%
Other
$31,505,596
$38,921,007
+24%
Total Revenues
$47,639,870
$59,366,175
+25%
Expenses
2023
2024
Change
Grants
$3,082,252
$3,169,627
+3%
Benefits to Members
$131,441
$127,632
-3%
Salaries & Benefits
$6,614,348
$7,167,597
+8%
Fees to Service Providers
$1,407,100
$2,152,910
+53%
Advertising & Promotion
$0
$104,042
-
Offices, Occupancy & IT
$344,540
$1,666,285
+384%
Interest
$2,739,599
$3,279,214
+20%
Depreciation
$1,928,025
$2,236,588
+16%
Other
$14,089,870
$12,190,784
-13%
Total Expenses
$30,337,175
$32,094,679
+6%
Net income
2023
2024
Change
Net income
+$17,302,695
+$27,271,496
+58%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$30,337,175
$32,094,679
+6%
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