Does NHRA operate on a shoestring budget? (4 Viewers)

[Mike]

Seeing what IHRA is paying for their nitro series got me thinking: Given the scope of NHRA, do they operate on a tighter budget than many people think?

Are the funds there to pay out more? Are the NHRA executive salaries in line for that size of an organization?

 

[sammi]

Read their tax return or look at NDs staff box. No one is getting rich there. Without a huge title sponsor, the money isn't there to pay pro teams a sustainable purse.

 

[Jim]

Everyone seems to be operating on shoestring budgets these days, no matter what business it is.

I want to see how IHRA maintains the payouts and for how long.

 

[Chili]

Everyone seems to be operating on shoestring budgets these days, no matter what business it is.

I want to see how IHRA maintains the payouts and for how long.

That is the question. I want them to succeed but if the owner is paying out the purse from his own pocket it’s not going to last long. Gate and entry fees won’t cover that much.

 

[Marchboom]

What is the president of NHRA being paid?

 

[Rich D]

Seeing what IHRA is paying for their nitro series got me thinking: Given the scope of NHRA, do they operate on a tighter budget than many people think?

Are the funds there to pay out more? Are the NHRA executive salaries in line for that size of an organization?

The last 990 return (that non-profits file with the IRS) available for public viewing is 2022. Total revenue was $88 million. Total expenses (including salaries) were $82 million. They reported paying wages to 1,132 employees. The president Glen Cromwell received $828,000 in compensation. In my opinion, his salary is in line with what a president/CEO would receive in the private sector with a similar-sized business. Interestingly Graham Light shows compensation of $138,000 as a "former secretary".

Under "revenue", it shows $62 million in "Admissions & Sponsorships", $14 million in "Licenses & Fees", $5 million in "Royalties & Concessions" and $2.5 million in "Membership Dues".
It also shows $21.4 million paid out in Prize Money.

 

[Mike]

We shall see how long the new owner of IHRA dips into his bank account to fund this deal. Wish them all the best..

 

[camaro]

Seeing what IHRA is paying for their nitro series got me thinking: Given the scope of NHRA, do they operate on a tighter budget than many people think?

Are the funds there to pay out more? Are the NHRA executive salaries in line for that size of an organization?

Ask a certain former long time announcer his opinion !

 

[sfw1960]

Seeing what IHRA is paying for their nitro series got me thinking: Given the scope of NHRA, do they operate on a tighter budget than many people think?

Are the funds there to pay out more? Are the NHRA executive salaries in line for that size of an organization?

I'm gunna start jumping into the pool here - so if anybody gets heated about it, pile on - my back's junk but I still have broad shoulders to pad the fall...

Though I will readily agree just about any bidniz must operate on a little shoestring - but there is likely a load more Chiefs runnin' around "maintaining" their "career" than Indians (READ: working) and the guys like (IDK his name, but he IS Mr. Helpful on the top end ~ popping HANS, taking gloves - wrapping chutes. I KNOW Alan absolutely knows his name AND is friends with..one of the few real men that has the 'nads to wear a beard in that heat LOL!) ... People like that Gent & folks like Penny Gernes are just the kind of people that MAKE this thing go, AR fits in there too - but obviously there are management problems from where my lane of perception is and being PC too much to a crowd that doesn't care about that, they want racin' !!. Color me wrong if you please...
I worked in manufacturing the majority of my previously enjoyed working days (see what I did there?) and at every level of "management" I saw plenty of fat to get rid of - but when you're working so hard at looking like you're value added - then they too will lie for another paycheck...American society has gone blind to the wink, nudge of BS so long most accept it as "that's just the way it is"

Ask a certain former long time announcer his opinion !

I would like to know as well, but I try to respect the man's privacy greatly, something that's almost ALWAYS expected in a public figure...
Yaknow, "turn your head & cough, WHAT?? Here now in PUBLIC????" that kinda expected.

As far as Alan goes - he IS the workin' man's voice (something the wannabes will NEVER touch) and announcer, I will actively seek out where & when I can listen in and enjoy his calls, I haven't watched very many Nats this season, and I can say not having him available just isn't gettin' it IMO and IDC if all I ever do is watch divisionals my last days on the planet. I worked one place 30+ yrs. and got crapped on no matter what the people I worked with said, because if you ain't management then you don't mattaH. (READ: U ain't $#*&T!!)

That was my situation and everyone of those scenarios is different for every single person, I am sure he has plenty of opinion, but he has always been good at watching his P's & Q's under a scope. Today isn't any different I'd be willing to bet. . .

RAS