Minnesota Rodeo Association Inc
- Assets
- $14.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Royalton, MN
- Founding
- 11/1995
- Data as of
- 12/2021
- EIN
- 41-1808855
Organization Overview
Minnesota Rodeo Association Inc is located in Royalton, MN. The organization was established in 1995. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Rodeo Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Minnesota Rodeo Association Inc generated $126.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $124.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AMATEUR RODEO, MRA PARTICIPATES IN OVER 20 AREA RODEOS. ADDITIONALLY THEY HOST A RODEO AND A FINALS RODEO CHAMPIONSHIP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kari Heidebrink Secretary | 8 | $6,600 | |
Courtney Otto Treasurer | 3 | $2,300 | |
Carm Schneider Points Secre | 2 | $1,300 | |
Emmett Davis Vice Preside | 2 | $0 | |
Jolaine Wagner President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,038 |
| Total Program Service Revenue | $106,740 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,464 |
| Other Revenue | $0 |
| Total Revenue | $126,242 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $39,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $85,096 |
| Total expenses | $124,196 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,056 |
| Other assets | $0 |
| Total assets | $14,056 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,056 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Equestrian Center Kids Kamp Inc Eau Claire, WI | $520,344 | $2,050,754 |
Fort Madison Rodeo Corporation Fort Madison, IA | $1,926,637 | $1,322,191 |
We Can Ride Inc Maple Plain, MN | $568,560 | $706,700 |
Iowa Quarter Horse Association Delta, IA | $566,832 | $581,039 |
Special Methods In Learning Equine Skills Inc Darien, WI | $1,040,733 | $483,328 |
Spooner Rodeo Committee Inc Spooner, WI | $187,474 | $439,420 |
Three Gaits Inc Stoughton, WI | $350,661 | $372,937 |
Handi Riders Inc Sioux Falls, SD | $208,076 | $316,417 |
Heavens Gait Ranch Inc Cedar Grove, WI | $1,589,842 | $1,454,564 |
Killdeer Saddle Club Killdeer, ND | $1,525,623 | $432,250 |
Roughrider Rodeo Association Of North Dakota Inc Sawyer, ND | $109,020 | $231,996 |
North Dakota Quarter Horse Association Lake Park, MN | $64,543 | $0 |