Texas Rice Festival Inc

Organization Overview

Texas Rice Festival Inc is located in Winnie, TX. The organization was established in 1971. According to its NTEE Classification (N52) the organization is classified as: Fairs, 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. Texas Rice Festival 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 12/2022, Texas Rice Festival Inc generated $611.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $573.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

AGRICULTURAL EDUCATION AND PROMOTIONTO CONDUCT ACTIVITIES TO PROMOTE THE RICE INDUSTRY AND EDUCATE THE PUBLIC ABOUT THE RICE INDUSTRY AND OTHER AGRICULTURAL ACTIVITY IN SOUTHEAST TEXAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE THE RICE INDUSTRY AND EDUCATE THE PUBLIC CONCERNING THE RICE INDUSTRY AND AGRICULTURE IN SOUTHEAST TEXAS, THE TEXAS RICE FESTIVAL HOLDS AN ANNUAL FESTIVAL IN OCTOBER.


TO PROMOTE THE RICE INDUSTRY AND AGRICULTURE IN SOUTHEAST TEXAS, THE TEXAS RICE FESTIVAL PARTICIPATES IN AREA YOUTH PROJECT SHOWS. THE ORGANIZATION PURCHASES ADD-ONS TO INCREASE THE SALES VALUE OF YOUTH PROJECT SALES. THE ORGANIZATION ALSO OFFERS SCHOLARHIPS TO AREA GRADUATING SENIORS TO PROMOTE AGRICULTURAL EDUCATION.


TO PROMOTE THE RICE INDUSTRY AND AGRICULTURE IN SOUTHEAST TEXAS, THE ORGANIZATION MAKES DONATIONS TO SEVERAL LOCAL COMMUNITY ORGANIZATIONS. NO DONATIONS EXCEEDED $5,000 TO ANY ORGANIZATION.


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)Compensation
Heather Sumrall
Board Member
$0
Edward Murrell
Board Member
$0
Chris Street
Board Member
$0
Mike Milligan
Representative
$0
Kim Hill
Board Member
$0
Helena Dow
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$2,800
Fundraising events$267,618
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$270,418
Total Program Service Revenue$339,872
Investment income $89
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$6,897
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $7,802
Miscellaneous Revenue$0
Total Revenue $611,284

Peer Organizations

Organization NameAssets
State Fair Of Texas
Dallas, TX
$77,695,676
San Antonio Livestock Exposition Inc
San Antonio, TX
$50,413,465
Houston Livestock Show And Rodeo Educational Fund
Houston, TX
$21,017,128
Albuquerque International Balloon Fiesta Inc
Albuquerque, NM
$16,413,534
Bell County Expo Inc
Belton, TX
$11,578,565
Gentilly Carnival Club
Jefferson, LA
$10,485,320
Expo Center Of Taylor County
Abilene, TX
$6,020,543
International Association Of Venue Managers Inc
Irving, TX
$5,551,735
Arkansas Livestock Show Assoc
Little Rock, AR
$5,695,162
Fairfield Village Community Inc
Houston, TX
$5,460,075
Poteet Strawberry Festival Association Incorporated
Poteet, TX
$3,789,471
Washington County Fair Association
Brenham, TX
$4,372,294
Petroleum Equipment Institute
Tulsa, OK
$3,823,453
Austin County Fair Association Inc
Bellville, TX
$4,143,847
North Texas State Fair Association
Denton, TX
$3,857,341
Fort Bend County Fair Association
Rosenberg, TX
$3,632,539
Waller County Fair Association
Hempstead, TX
$4,038,440
Montgomery County Fair Association Inc
Conroe, TX
$3,458,316
Amarillo Tri-State Exposition
Amarillo, TX
$3,426,962
Wharton County Youth Fair And Exposition
Glen Flora, TX
$2,321,428
Burleson County Fair Association Inc
Caldwell, TX
$2,707,747
Washingtons Birthday Celebration Association Of Laredo 010193
Laredo, TX
$2,177,423
Fiesta San Antonio Commission Inc
San Antonio, TX
$2,309,625
Wurstfest Association Of New Braunfels
New Braunfels, TX
$4,746,029
Galveston County Fair And Rodeo Inc
Santa Fe, TX
$2,321,041

Create an account to unlock the data you need.

or