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Organizations Breeders' Cup Limited

Breeders' Cup Limited

Fiscal year ending 2024. Filed on October 2, 2024.

215 West Main Street Suite 250
Lexington, Kentucky 40507

Breeders' Cup Limited (EIN: 13-3082904) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Breeders' Cup Limited, a 501(c)(6) business league, reported compensation for 10 out of 42 total employees. Among the employees shown here, the average compensation is $314,252. The highest compensated employee at Breeders' Cup Limited is Robert Drew Fleming with fiscal year 2024 compensation of $766,138.

Revenue, expenses, and employee compensation

Revenue

$48,087,353

Expenses

$51,247,098

Employee compensation

$5,411,783
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert Drew Fleming
President and Chief Executive Officer
$766,138
$742,621 No related comp$23,517
John Keitt
Executive Vice President and Chief Operating Officer
$496,657
$455,998 No related comp$40,659
Dora J Delgado
Executive Vice President and Chief Racing Officer
$328,630
$290,760 No related comp$37,870
Justin N McDonald
Executive Vice President and CMO
$319,847
$275,885 No related comp$43,962
Heather Higgins
Senior Vice President Corporate Partnerships
$243,209
$210,729 No related comp$32,480
Todd Sparks
Vice President, Information Technology
$219,299
$181,625 No related comp$37,674
Brandy Harmon
Senior Vice President Ticketing and Venue Operations
$214,245
$186,977 No related comp$27,268
Stephanie Palmieri
Vice President Breeders' CUP Events
$188,423
$168,261 No related comp$20,162
Tim Schram
Vice President Administration, Simulcasting
$184,689
$164,896 No related comp$19,793
Michael Newman
Vice President, Controller
$181,381
$161,753 No related comp$19,628

Benchmark Employee Compensation

Non-Employee Board Members

Alan Cooper
Director
Alex Solis II
Director
Antony Beck
Director
Barbara Banke
Chair
Bret Jones
Director
Clem Murphy
Director
Elliott Walden
Director
Eric Gustavson
Director
Fred W Hertrich III
Director
Gray Lyster
Director
Jimmy Bell
Director
Walker Hancock
Director

Contractors

Tvg Network
Broadcast
$543,000
Next League LLC
Event Planning Consultants
$254,326
Stoll Keenon & Ogden Pllc
Legal
$174,404
Roberts Communications Network
Broadcast
$143,492
Lv Harkness & CO
Trophy Award Design and Fullfillment
$130,960

Mission Statement

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.

Revisions to this organization profile

September 12, 2025:
2025 Breeders' Cup Limited 990 filed
October 2, 2024:
2024 Breeders' Cup Limited 990 filed
December 12, 2023:
2023 Breeders' Cup Limited 990 filed

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