Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1981.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
90 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
10 people listed on the 990.
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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
Hosts rodeo events to fund college scholarships for local students.
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Rodeo event for the enjoyment and benefit of the community. College scholarships, funded by profits and investment income, are awarded to local students.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $916K | $1.5M |
| InvestmentsLn 11–13 | $255K | $613K |
| Land, buildings, equipmentLn 10c | $1.1M | $1.3M |
| Total assetsLn 16 | $2.3M | $3.4M |
| LiabilitiesLn 26 | $8K | $7K |
| Net assetsLn 32 | $2.3M | $3.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $102K | $102K | ||
| Benefits paid to or for membersLn 4 | $24K | $24K | ||
| Management feesLn 11a | $15K | $15K | ||
| Other fees for servicesLn 11g | $46K | $46K | ||
| Advertising and promotionLn 12 | $83K | $83K | ||
| Office expensesLn 13 | $10K | $10K | ||
| Information technologyLn 14 | $2K | $2K | ||
| OccupancyLn 16 | $25K | $25K | ||
| TravelLn 17 | $20K | $20K | ||
| Conferences, conventions and meetingsLn 19 | $31K | $31K | ||
| InsuranceLn 23 | $29K | $18K | $10K | |
| Other expenses (24a–d)Ln 24 | $1.2M | $1.2M | ||
| All other expensesLn 24e | $33K | $12K | $21K | |
| Total functional expensesLn 25 | $1.6M | $1.5M | $165K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $1.5M | $1.2M | $301K | $2.3M | 990 PDF |
| FY2023 | $1.1M | $1.1M | $5K | $2.0M | 990 PDF |
| FY2022 | $1.2M | $826K | $423K | $1.8M | 990 PDF |
| FY2021 | $477K | $196K | $281K | $1.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $2,729,783 across 9 lines filed
Part IX · Statement of functional expenses $1,623,392 across 13 lines filed
Part X · Balance sheet $3,420,143 assets, 14 lines filed
Part XI · Reconciliation of net assets $3,413,146 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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