Mobridge Rodeo Inc
- Assets
- $140.0k
- Revenue
- $165.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Mobridge, SD
- Founding
- 07/1973
- Data as of
- 12/2021
- EIN
- 46-0240816
Organization Overview
Mobridge Rodeo Inc is located in Mobridge, SD. The organization was established in 1973. 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. Mobridge Rodeo 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, Mobridge Rodeo Inc generated $165.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $96.8k during the year ending 12/2021. While expenses have increased by 12.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ENTERTAINMENT TO THE CITIZENS OF MOBRIDGE AND THE SURROUNDING AREA THROUGH RODEO, CARNIVAL AND OTHER SPECIAL EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ENTERTAINMENT TO THE CITIZENS OF MOBRIDGE AND THE SURROUNDING AREA THROUGH RODEO, CARNIVAL AND OTHER SPECIAL EVENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Dady Vice Preside | OfficerTrustee | $0 | |
Jason Frazier President | OfficerTrustee | $0 | |
Michele Harrison Treasurer | Officer | $0 | |
John Anderson Board Member | Trustee | $0 | |
Ritchie Davis Board Member | Trustee | $0 | |
Jim Bob Dorsey Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $800 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $70,686 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,042 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,528 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $750 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $84,039 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $165,317 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,374 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,372 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,129 |
| Insurance | $8,782 |
| All other expenses | $61,183 |
| Total functional expenses | $96,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,312 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $107,670 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $139,982 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $139,982 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $139,982 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Omaha Equestrian Foundation Omaha, NE | $87,852 | $1,522,092 |
Sheridan Wyo Rodeo Inc Sheridan, WY | $1,087,929 | $1,273,070 |
Nebraska Horsemens Benevolent & Protective Association Inc Lincoln, NE | $12,449,045 | $1,882,455 |
Montana Equestrian Events Inc Whitefish, MT | $321,437 | $1,421,593 |
Fort Madison Rodeo Corporation Fort Madison, IA | $1,926,637 | $1,322,191 |
We Can Ride Inc Maple Plain, MN | $568,560 | $706,700 |
Dressage Foundation Inc Lincoln, NE | $5,766,770 | $817,574 |
Iowa Quarter Horse Association Delta, IA | $566,832 | $581,039 |
Quarter Horse Assoc Of Nebraska Osceola, NE | $246,701 | $486,538 |
Red Lodge Rodeo Assn Billings, MT | $266,953 | $355,358 |
Montana Reining Horse Association Mrha Helena, MT | $69,247 | $254,685 |
Children Horses & Adults In Partnership For Therapeutic Riding Sheridan, WY | $265,226 | $299,592 |