Indiana Equine - Income and Expenses

IASS

INDIANA
AGRICULTURAL
STATISTICS
SERVICE

INDIANA
HORSE
COUNCIL

INDIANA EQUINE - INCOME & EXPENSE

INCOME OF OPERATIONS WITH 5 OR MORE RESIDENT EQUINE: INDIANA, 2001
Income Category

Purses and Prizes
Stud Fees
Equine Leasing or Rental
Lessons
Equine Sales
Boarding
Training
Therapeutic Riding or Driving
Other
Total Income
Out of State
Within Indiana

Total
Income

Operations
With
Income

Percent of
Operations
With Income

Average
Per
Equine

Average Per
Operation
with Income

Dollars
11,754,200
2,039,200
75,900
6,740,300
17,409,100
25,261,200
6,508,100
2,095,000
7,674,500

Number
1,695
960
140
735
2,955
1,524
855
65
210

Percent
15
8
1
6
26
13
7
1
2

681
147
28
546
497
1,153
562
3,341
1,429

6,935
2,125
541
9,170
5,892
16,571
7,612
32,231
36,545

79,557,500

5,240

46

1,326

15,182

6,549,900
73,007,600

895
5,240

8
46

589
1,217

7,315
13,932

Dollars

EXPENSES OF OPERATIONS WITH 5 OR MORE RESIDENT EQUINE: INDIANA, 2001
Expense Category
General Expenses
Boarding and Training Fees
Breeding Fees
Concentrates
Contract Labor
Depreciation
Farrier/Hoof Care
Fees and Payments
Fuels
Grooming Equipment
Hay
Health
Insurance Premiums
Interest
Maintenance and Repairs
Payroll
Rent/Lease
Shipping and Travel
Taxes
Utilities
Value of Non-Cash Items
Miscellaneous
Total General Expenses
Out of State
Within Indiana
Capital Expenses:
Purchase of Equine
Equine Land Purchases
Equine Buildings and Equipment
Total Capital Expenses
Total Expenses

Total Expense

Operations
With
Expense

Percent of
Operations
With
Expense
Percent
22
31
86
11
8
84
60
48
77
89
94
41
8
74
8
9
26
51
52
4
35
100
19
100

Average
Per
Equine

Average Per
Operation
With
Expense
Dollars
1,607
1,334
1,629
3,323
5,869
1,016
716
749
985
1,664
1,353
940
3,067
1,780
18,645
3,623
1,291
906
764
5,160
565
13,555
3,953
12,808

Dollars
4,017,600
4,680,700
16,050,900
4,336,800
5,545,900
9,745,200
4,919,300
4,132,200
8,679,100
16,824,100
14,450,200
4,396,300
2,915,600
14,953,600
16,966,500
3,913,200
3,858,900
5,280,800
4,532,700
2,192,800
2,272,800
154,665,200
8,520,500
146,144,700

Number
2,500
3,510
9,855
1,305
945
9,590
6,874
5,515
8,810
10,110
10,680
4,675
951
8,400
910
1,080
2,990
5,830
5,930
425
4,020
11,410
2,155
11,410

18,856,600
30,556,700
74,904,800

4,055
330
5,030

36
3
44

424
6,429
1,389

4,650
92,713
14,892

124,318,100
278,983,300

6,785
11,410

59
100

1,816
2,646

18,322
24,451

153
134
172
234
447
113
71
71
102
183
144
86
200
188
997
234
123
91
74
246
52
1,467
394
1,386