The National Thoroughbred Racing Association (NTRA) today released its Annual Report for 2015-2016.
A PDF of the full 2015-2016 Annual Report is available online at http://ntra.kinsta.cloud/about/annual-reports.
The 28-page report includes the organization’s audited financial statements. For Fiscal Year 2016 – covering the period February 1, 2015 through January 31, 2016 – the NTRA’s net revenue was $116,669, which represents the fourth straight year of sustainable financial results for the organization.
A few of the many ways that the NTRA furthered its mission to strengthen Thoroughbred racing and breeding in the past 12 months include: securing a two-year renewal of accelerated depreciation for young racehorses; further progress in the effort to modernize federal tax rules governing the withholding and reporting of winning pari-mutuel wagers; and another year of record participation in the Daily Racing Form/NTRA National Handicapping Championship presented by Racetrack Television Network and Treasure Island Las Vegas.
The Annual Report also includes information on the NTRA Safety & Integrity Alliance, NTRA Communications, the Eclipse Awards, NTRA Advantage, and additional legislative advocacy.