Corn Palace Stampede INC FY2023 filing

Not tax-deductible

Mitchell, SD501(c)(4)Since 1994 EIN 23-7227487Revenue $269K in FY2023Latest return filed Jun 11, 2026

On file with the IRScornpalacestampede.comMitchell, SDTax-exempt since Dec 1991

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

This organization provides 4 nights of rodeo entertainment for the community and surrounding area. Approximately 18,000 viewers attend annually.

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $10K a year · 4% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
9 mo
of spending, in cash
Looks good: 8.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$64
0.02% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
26
of 26 voting members
Looks good: 26 of 26 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$269K
-29% vs prior year
Spent
$309K
To programs
100%
Net assets
$295K
By yearFY2021–FY2026
Revenue
$269K
FY2023▼ -29%
Tap a bar for its year
Revenue by fiscal year
FY2021$29K
FY2022$381K
FY2023$269K
FY2024$113K
FY2025$309K
FY2026$298K
Expenses
$309K
FY2023▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2021$31K
FY2022$264K
FY2023$309K
FY2024$183K
FY2025$341K
FY2026$332K
Net assets
$295K
FY2023▼ -12%
Tap a bar for its year
Net assets by fiscal year
FY2021$219K
FY2022$336K
FY2023$295K
FY2024$225K
FY2025$192K
FY2026$158K

From the FY2023 Form 990 (year ending January 2023) · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Dec 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $309K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Corn Palace Stampede INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers four nights of rodeo entertainment for the community.

Questions for Corn Palace Stampede INC

Tap to ask. Corn Palace Stampede INC sees how many people are interested.

Your first name shows with your question. Corn Palace Stampede INC answers here, for everyone.

1 program · in their own filed words · FY2022
01

This organization provides 4 nights of rodeo entertainment for the community and surounding area. Approximately 16,000 viewers attend annually.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $100K · 2023–2023
Mitchell Rodeo Foundation INCSD · FY2023$100,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$269K
Ln 12
Gifts and grantsLn 1h$268K
Other incomeLn 4–11$454
Money outPt IX
$309K
Ln 25
Programscol B$309K
Owns and owesPt X
$295K
net assets · Ln 32
Cash and savingsLn 1–2$226K
Total assetsLn 16$295K
LiabilitiesLn 26$64
PeoplePt VI, VII
18
listed · VII A
PaidVII A0
Voting boardVI 1a26
IndependentVI 1b26
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$268K
Other incomeLn 4–11$454
Total revenueLn 12$269K
Assets in detailPt X, end of year
CashLn 1$162K
SavingsLn 2$65K
Cash and savings togetherLn 1–2$226K
Land, buildings, equipmentLn 10c$69K
Total assetsLn 16$295K
LiabilitiesLn 26$64
Net assetsLn 32$295K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJanuary
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$251K$226K
Land, buildings, equipmentLn 10c$85K$69K
Total assetsLn 16$336K$295K
LiabilitiesLn 26$0$64
Net assetsLn 32$336K$295K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$18K$18K
Accounting feesLn 11c$453$453
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$33K$33K
Office expensesLn 13$1K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$5K$5K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$16K$16K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$185K$185K
All other expensesLn 24e$40K$40K
Total functional expensesLn 25$309K$309K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 LatestFiled with the IRS Jun 11, 2026 $298K$332K−$34K$158K 990 PDF
FY2025Filed with the IRS Jul 7, 2025 $309K$341K−$33K$192K 990 PDF
FY2024Filed with the IRS Jul 10, 2024 $113K$183K−$70K$225K 990 PDF
FY2023 ViewingFiled with the IRS Jun 7, 2023 $269K$309K−$41K$295K 990 PDF
FY2022Filed with the IRS Sep 8, 2022 $381K$264K$116K$336K 990 PDF
FY2021Filed with the IRS Jul 29, 2021 $29K$31K−$2K$219K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $268,713 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $379,731$268,259
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $925$454
I-12 Total revenuePrior year $380,656$268,713
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $264,372$309,343
I-18 Total expensesPrior year $264,372$309,343
I-19 Revenue less expensesPrior year $116,284−$40,630
Part VI · Governance 26 of 26 board members independent, 4 to look at
VI-1a Voting members of the governing body26
VI-1b Independent voting members26
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $268,713 across 4 lines filed
VIII-1f All other contributions, gifts and grants$268,259
VIII-1h Total contributions, gifts and grants$268,259
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)$454
VIII-12 Total revenue$268,713
Part IX · Statement of functional expenses $309,343 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesPrograms $18,010$18,010
IX-11c Accounting feesPrograms $453$453
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $32,545$32,545
IX-13 Office expensesPrograms $1,112$1,112
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $4,658$4,658
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $15,703$15,703
IX-23 InsurancePrograms $11,124$11,124
IX-24 Other expenses (24a–d)Programs $185,371$185,371
IX-24e All other expensesPrograms $40,367$40,367
IX-25 Total functional expensesPrograms $309,343 · Management $0 · Fundraising $0$309,343
Part X · Balance sheet $295,207 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $186,785$161,516
X-2 Savings and temporary cash investmentsStart of year $64,397$64,803
X-10c Land, buildings and equipment, netStart of year $84,591$68,888
X-16 Total assetsStart of year $335,773$295,207
X-17 Accounts payable and accrued expenses$64
X-26 Total liabilitiesStart of year $0$64
X-30 Paid-in or capital surplusStart of year $20,767$20,767
X-31 Retained earnings or endowmentStart of year $315,006$274,376
X-32 Total net assets or fund balancesStart of year $335,773$295,143
X-33 Total liabilities and net assetsStart of year $335,773$295,207
Part XI · Reconciliation of net assets $295,143 net assets at year end
XI-1 Total revenue$268,713
XI-2 Total expenses$309,343
XI-3 Revenue less expenses−$40,630
XI-4 Net assets at start of year$335,773
XI-10 Net assets at end of year$295,143

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.