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CHARITY REVIEW
Issued: October 2024 Expires: October 2026

Hampton Classic Horse Show

Accredited Charity
Accredited Charity

Meets Standards

PO Box 3013
Bridgehampton, NY, 11932

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Hampton Classic Horse Show meets the 20 Standards for Charity Accountability.

Stated Purpose:
"To operate an annual horse show and to make annual contributions to local charitable organizations."

Year, State Incorporated:
1981, NY

Operates an annual horse show and donates the revenue to local charities.

For the year ended March 31, 2023, Hampton Classic Horse Show's program expenses were:

Programs $5,556,071
Total Program Expenses $5,556,071

Chief Executive
Shanette Barth Cohen, Executive Director

Compensation*
$270,000

Chair's Profession / Business Affiliation
Not disclosed

Board Size
16

Paid Staff Size
7

* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.

Method(s) Used:
Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Cause-related marketing (affinity credit cards, consumer product sales, etc.), Corporate Sponsorship appeals

% of Related Contributions on Fundraising: 2.84%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Hampton Classic Horse Show's audited financial statements for the year ended March 31, 2023.

Source of Funds
Sponsorships $2,094,261
Admission and entry fees $1,638,396
Contributions $1,084,750
Rentals $831,199
Sponsorship In-Kind $229,715
Government grant $217,974
Souvenirs and feed store, net $114,187
Advertising $17,992
Investment income $3,697
Total Income $6,232,171

Programs: 95% Fundraising: 3% Administrative: 3%

Total Income $6,232,171
Total expenses: $5,872,525
  Program expenses $5,556,071
  Fundraising expenses $153,272
  Administrative expenses $163,182
  Other expenses $0
Income in Excess of Expenses $359,646
Beginning Net Assets $1,423,038
Other Changes In Net Assets $0
Ending Net Assets $1,782,684
Total Liabilities $2,750,818
Total Assets $4,533,502

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Foundation of Metropolitan New York