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Equestrian_NSW_Yearbook_2011

Where does my money go? National Levy Equestrian NSW compares very favourably to most other The National Levy is a portion of your membership that sports annual membership fees and other state EA is allocated to the EA national office for the purpose branches and the insurance component of your fee cover of administering our sports – particularly in terms of is very competitive when compared to any individually national rules and regulations, member protection, priced equestrian personal accident cover available. international and national competition, national The individual and club membership renewal fees for infrastructure, horse research and whole-of-sport 2012 are; development. Senior - $220 Officials - $105 Insurance Junior - $110 Associate - $145 NB. Joining fee applies to new senior and junior members. A proportion of your membership fee goes to your The following helps to explain how your fees are Personal Accident Insurance which protects you 24/7 spent and how this benefits you and our sport. This while participating in “recreational equestrian activities breakdown is based on a senior membership, with similar of non-commercial nature”. percentages applying to other member categories. International Competition and Development Fund (ICDF) Equestrian NSW Sports Funding GST The Equestrian Australia ICDF grants money to(Discipline Councils, Events,Elite, Officials, Special Projects and Swabbing) projects and events that are within the “international 10% 23.5% competitions” category and those which further develop EA ICDF the sport in general as well as in particular discipline4.5% 19.5% GST Personal Accident Insurance 21% As per Tax Office guidelines, one eleventh of all income isEquestrian NSW 21.5% Administration remitted to the Australian Tax Office for GST. EA National Levy ENSW Administration The balance of your fees goes towards the running costs *based on a 2011 senior membership and ENSW audited accounts of the ENSW office. We are a non-profit organisation, Supporting the Sport however, we have ongoing costs and endeavour to – ENSW Funding of Equestrian Sport Annually balance the annual budget whilst running a professional organisation. Most importantly your membership fees go back into the sport in a very significant way. In 2011 ENSW alone In Summary has provided financial assistance in the areas of event funding, committee/council administration, youth and ENSW membership is about being part of a structured, officials development, elite programmes, special projects, professional organisation that develops and promotes club support, course maintenance, swabbing, clinics and the sport and manages rules, regulations, committees, regional programmes to each discipline as follows*; training and competitions in equestrian, ensuring fairness and opportunities for all competitors. Dressage $54,000 Driving $16,000 Eventing $57,000 Interschool $18,000 High Performance $45,000 Saddlehorse $33,000 Showjumping $52,000 Vaulting $12,000 *Figures rounded down to nearest thousand TOTAL FINANCIAL CONTRIBUTION BACK INTO SPORT 2011 FROM MEMBERSHIP FEES = $287,000 Sydney International Equestrian Centre Saxony Road, Horsley Park NSW 2175 Correspondence: PO Box 7077, Wetherill Park BC, NSW 2164 Phone: 02 9620 2660 • Fax: 02 9620 2260 Website: www.nsw.equestrian.org.au 5


Equestrian_NSW_Yearbook_2011
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