San Antonio Livestock Exposition Inc
- Assets
- $39.0m
- Revenue
- $12.4m
- Investments
- $0.0
- Employees
- 443
- Location
- San Antonio, TX
- Founding
- 08/1950
- Data as of
- 03/2021
- EIN
- 74-1075466
Organization Overview
San Antonio Livestock Exposition Inc is located in San Antonio, TX. The organization was established in 1950. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 03/2021, San Antonio Livestock Exposition Inc employed 443 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Antonio Livestock Exposition Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2021, San Antonio Livestock Exposition Inc generated $12.4m 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 (14.7%) each year. All expenses for the organization totaled $20.4m during the year ending 03/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 6 years. 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
THE OPENING SENTENCE IN SAN ANTONIO LIVESTOCK EXPOSITION'S (SALE) WEBSITE - "A VOLUNTEER ORGANIZATION THAT EMPHASIZES AGRICULTURE AND EDUCATION TO DEVELOP THE YOUTH OF TEXAS" SUMS UP THE MISSION (SEE THE WEBSITE FOR THE FULL DESCRIPTION OF MISSION STATEMENT).
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAN ANTONIO LIVESTOCK EXPOSITION (SALE) ANNUALLY CELEBRATES LIVESTOCK, STOCK SHOW AND RODEO HELD EACH FEBRUARY. THERE ARE VARIOUS SHOWS AND ACTIVITIES THAT HELP TO EDUCATE THE PUBLIC IN THE MANY ASPECTS OF THESE EVENTS. VARIOUS SCHOLARSHIPS AND FUNDS ARE AWARDED TO INDIVIUAL ENTRIES IN THE STOCK SHOW WHICH ENABLES THEM TO EXTEND THEIR EDUCATION. NET FUNDS FROM THESE AND OTHER ACTIVITIES ARE USED TO AWARD SCHOLARSHIPS FOR THOSE QUALIFIED INDIVIDUALS.DURING FEBRUARY, 2021 THE PROGRAM INCLUDED 18 DAYS OF EVENTS THAT HAD AN ATTENDANCE OF ESSENTIALLY ZERO DUE TO COVID. DURING THE VARIOUS LIVESTOCK AND OTHER COMPETITIONS, OVER 516 INDIVIDUALS WERE AWARDED SCHOLARSHIPS; THERE WERE OVER 18,021 LIVESTOCK COMPETITORS; OVER 411 ENTRIES IN THE HORSE SHOW COMPETITION; 336 COMPETITORS IN THE CALF SCRAMBLE; ; OVER 900 PARTICIPANTS IN THE JUNIOR LIVESTOCK AUCTION; AND OVER 450 COMPETITORS IN THE RODEO COMPETITION. THERE WERE OVER 6,796 VOLUNTEERS THAT HELPED IN ALL PHASES AND ASPECTS OF THIS EVENT AND CONTRIBUTED TO ITS OVERALL SUCCESS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cody Davenport Exec Dir/ceo | Officer | 2 | $451,124 |
Seth C Davenport Exec Dir Related | 50 | $451,124 | |
Jamie A Brown Chief Fin Officer | 50 | $184,800 | |
Christopher M Derby | 50 | $175,945 | |
Mallory Schrade-Hines | 50 | $175,620 | |
John D Phelps | 50 | $135,614 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aramark Sports & Entertainment Construction | 3/30/21 | $318,058 |
Coliseum Advisory Board Property Rent/servic | 3/30/21 | $2,089,275 |
Prca Rodeo/entertainment | 3/30/21 | $756,220 |
Sanger & Altgelt Ins Agency Sound System/enterta | 3/30/21 | $445,344 |
Community Arenas Management Entertainment | 3/30/21 | $748,571 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $263,724 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,467,609 |
| Noncash contributions included in lines 1a–1f | $313,719 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,731,333 |
| Total Program Service Revenue | $6,286,964 |
| Investment income | $23,536 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $70,413 |
| Net Gain/Loss on Asset Sales | $10,396 |
| Net Income from Fundraising Events | -$15,810 |
| Net Income from Gaming Activities | $225,277 |
| Net Income from Sales of Inventory | $102,390 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,434,499 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,318,712 |
| 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. | $1,638,333 |
| Compensation of current officers, directors, key employees. | $635,925 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,928,461 |
| Pension plan accruals and contributions | $413,818 |
| Other employee benefits | $208,202 |
| Payroll taxes | $258,067 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $51,551 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $140,676 |
| Advertising and promotion | $222,806 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $865,224 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $184,295 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,419,916 |
| Insurance | $432,371 |
| All other expenses | $578,923 |
| Total functional expenses | $20,437,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,889,513 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,662,083 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $77,100 |
| Prepaid expenses and deferred charges | $199,079 |
| Net Land, buildings, and equipment | $22,984,670 |
| Investments—publicly traded securities | $1,194,888 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $39,007,333 |
| Accounts payable and accrued expenses | $6,186,107 |
| Grants payable | $0 |
| Deferred revenue | $3,297,797 |
| 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 | $680,037 |
| Total liabilities | $10,163,941 |
| Net assets without donor restrictions | $28,843,392 |
| 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 | $39,007,333 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that San Antonio Livestock Exposition Inc has recieved totaling $112,397.
| Awarding Organization | Amount |
|---|---|
Parrish Family Foundation San Antonio, TX PURPOSE: JUNIOR LIVESTOCK AUCTION - EMPHASIZES AGRICULTURE AND EDUCATION TO DEVELOP THE YOUTH OF TEXAS | $27,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $26,827 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $21,500 |
Luke And Merle Soules Family Foundation San Antonio, TX PURPOSE: GENERAL PURPOSE | $10,000 |
Shelton Family Foundation Mountain Home, TX PURPOSE: SCHOLARSHIPS | $9,000 |
Greater Houston Community Foundation Houston, TX PURPOSE: HUMAN SERVICES | $7,620 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Antonio Livestock Exposition Inc San Antonio, TX | $39,007,333 | $12,434,499 |
Houston Livestock Show And Rodeo Educational Fund Houston, TX | $117,451,664 | $14,021,217 |
Earth Day Texas Inc Dallas, TX | $1,234,061 | $10,432,701 |
Bell County Expo Inc Belton, TX | $3,987,483 | $11,578,565 |
Albuquerque International Balloon Fiesta Inc Albuquerque, NM | $13,518,280 | $13,246,865 |
Gentilly Carnival Club Jefferson, LA | $3,366,886 | $4,740,044 |
Expo Center Of Taylor County Abilene, TX | $1,469,726 | $5,612,899 |
Arkansas Livestock Show Assoc Little Rock, AR | $4,870,203 | $5,931,539 |
Fairfield Village Community Inc Houston, TX | $4,878,144 | $5,460,075 |
International Association Of Venue Managers Inc Coppell, TX | $4,566,324 | $3,596,917 |
Petroleum Equipment Institute Tulsa, OK | $10,127,893 | $3,682,039 |
Austin County Fair Association Inc Bellville, TX | $2,038,389 | $3,840,084 |