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Filing year 2024

BERMUDA RACE FOUNDATION INC

Newport, Rhode Island·EIN 86-1989934·NTEE N70 · Recreation & Sports·501(c)(3)
Total revenue
$713k
Total assets
$742k
Total expenses
$631k
Reported officers
13
Mission

TO PROMOTE NATIONAL AND INTERNATIONAL AMATEUR SAILING COMPETITION BY CONDUCTING REGIONAL, NATIONAL AND INTERNATIONAL REGATTAS AND RACES, EDUCATIONAL SEMINARS, TRAINING, CONFERENCES AND MEETINGS REGARDING OFFSHORE RACING AND SAFETY AT SEA, AND TO SOLICIT, COLLECT AND EXPEND FUNDS FOR SUCH PURPOSES, AND ALL OTHER LEGAL PURPOSES UNDER SECTION 501(C)(3) OF THE CODE.

Reported officers (all unpaid)

No paid executives reported in 2024. BERMUDA RACE FOUNDATION INC reported 13 unpaid officers and board members on its 990.

President
Treasurer
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Vice President, Secretary
Financial trend

Revenue and expenses over time

BERMUDA RACE FOUNDATION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$299k
$136k
2022
$61k
$31k
2023
$713k
$631k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Recreation & Sports executives earn

BERMUDA RACE FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable recreation & sports organization nationwide earns a median of $46,154.

25th percentile
$12k
Median
$46,154
75th percentile
$103k
90th percentile
$187k

These are recreation & sports sector-wide figures, not this organization's reported pay. Based on 7,437 organizations across 7,437 filings (2020 – 2024).

See full Recreation & Sports compensation data
FAQ

Common questions about BERMUDA RACE FOUNDATION INC

What are BERMUDA RACE FOUNDATION INC's revenue and expenses?

In 2024, BERMUDA RACE FOUNDATION INC reported $713k in total revenue and $631k in total expenses on its IRS Form 990.

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