Skip to content

ASHA, Registry Announce Year-End 2007 Results



Lexington, Ky. - The American Saddlebred Horse Association and American Saddlebred Registry, which conduct their annual convention this week in Lexington, Kentucky, today announced audited results for the year ending December 31, 2007.

 

Prize program revenue increased a robust 15.1%, to $610,375, well up from the previous year’s mark of $530,155.  On a combined basis, 2007 net income for the two corporations was the second-highest in history, at $175,982, dipping 9.4% from the previous year’s all-time high of $194,166, but slightly bettering 2005 results.  Combined revenues increased over $74,000 from 2006, to $2,184,090, net of both the Registry’s gross revenues for prize programs, as well as unrealized gains on investments. 

 

“Our membership as of February 1 remains at an all-time high of just over 8,800,” said Alan F. Balch, Executive Secretary and Registrar of the organizations, “but it appears to have reached a plateau over the last year.  We’re continuing to see weakness in breed registration and transfer statistics, as are many other registered breeds, and that’s a major concern, of course.  Under these circumstances, our organizational financial performance is remarkable, but we have to be very prudent in how we protect and manage our members’ financial contributions to the Registry and Association.”

 

The Association and Registry are headquartered at the American Saddlebred Museum in the Kentucky Horse Park in Lexington.  The American Saddlebred Registry was founded in 1891 in Louisville, Kentucky.  The Association is organized under Section 501 (c) (3) of the Internal Revenue Code, and safeguards the integrity of the breed, educating the general public in the exhibiting, use, and history of American Saddlebreds, promoting interest in all matters relating to their breeding, exhibition, or competition.

 



 

More Stories

  • Latest Issue 6 12 23

    Read More
  • Nominations for UPHA Hall of Fame and Lifetime Awards Now Being Accepted

    The United Professional Horsemen's Association is accepting nominations for its UPHA Tom Moore Hall of Fame, Helen K. Crabtree Instructor Hall of Fame, Larry Bacon Lifetime Achievement Award, and Alvin C. Ruxer Lifetime Commitment Award. Read More
  • #FoalsNFocus – Week 11

    Some are just taking their first steps, others are shedding, but the quality of the 2023 foal crop has been spectacular week after week in all of our show breeds. Read More
  • High Spirits Riders Make Horses a Way of Life

    “The journeys for all five of these kids are basically the same. They’ve all become barn rats and it started with lessons and Academy,” said High Spirits Farm instructor Allison Cantrell, referring to the five junior exhibitor riders who just participated at the Madison Classic. “Four of these kids first showed with us and they are riding horses that were bred here. Read More
  • Beth Jones Passes Away

    Saddle Horse Report has learned the sad news of the passing of longtime owner and exhibitor Beth Jones of Bellefontaine, Ohio Monday, June 5th. Read More
  • ASHBA Announces Hunter Task Force

    The Hunter Country Pleasure division is one of the fastest-growing American Saddlebred divisions, with 645 classes across the nation in 2022. ASHBA recognizes the importance of this division and the versatility it offers our breed. Read More
  • Attention Hackney Youth

    The AHHS announced Hackney Youth Creative Arts and Writing Contest. This is your opportunity to showcase your creativity. Your goal is to share YOUR representation of the Hackney using any medium (material) of your choosing. Three lucky winners will be drawn from the entries to receive $500 each, along with select entries receiving featured spots in the youth newsletter. Read More
  • Latest Issue 6 5 23

    Read More
  • Hoof Beats and High Fashion

    The American Saddlebred Museum presents the annual July Fundraiser—Hoof Beats and High Fashion on Friday, July 14 at 11:00 a.m.  Read More
  • Freedman’s Gift Package Raffle

    The American Saddlebred Museum and Freedman's are offering a chance to win an amazing gift package and support the Museum at the same time! The prize package, valued at $550, is full of useful items any horseperson needs and features several exciting new products as well. Read More