#51 of 500 · Arts, Culture & Sport

Prairie Meadows Race Track & Casino Inc

EIN 42-1244913 · IA · NTEE n/a · Form 990, fiscal 2023

A nonprofit corporation in Altoona, Iowa, whose members include government, civic, and business representatives of central Iowa. It operates a horse racetrack, casino, and hotel, and distributes its profits to state and local governments and to charitable, educational, civic, and economic-development causes benefiting Iowans, as required for its nonprofit gaming license.

Financials, fiscal 2023

Revenue

$2.60B

Expenses

$2.56B

Total assets

$317.4M

Net assets

$227.7M

Operating margin

1.5%

1-year growth

3.8%

5-year growth (CAGR)

2.6%

Reserve (years of spending)

1.1

Contributions share

n/a

Programme spending

99.9%

Fundraising cost

n/a

Executive pay share

0.13%

Employees

1,415

Revenue per employee

$1.8M

Grants paid

$32.3M

Years filing

34

NFP Health Score: 68 / 100

Financial 39 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To promote economic development, agriculture, jobs, tourism and entertainment, and to provide financial contributions to programs and organizations that improve the quality of life for all Iowans.

Revenue history