Texas Palomino Exhibitors Assn
- Assets
- $34.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Weatherford, TX
- Founding
- 01/1943
- Data as of
- 12/2020
- EIN
- 75-6038593
Organization Overview
Texas Palomino Exhibitors Assn is located in Weatherford, TX. The organization was established in 1943. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Palomino Exhibitors Assn is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2020, Texas Palomino Exhibitors Assn generated $94.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $95.5k during the year ending 12/2020. While expenses have increased by 4.6% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROMOTE THE PALOMINO QUARTER HORSE THROUGH THE CONDUCT OF YOUTH, AMATEUR, FUTURITY, AND OPEN HORSE SHOW EVENTS.
PROMOTE THE PALOMINO QUARTER HORSE THROUGH THE CONDUCT OF YOUTH, AMATEUR, FUTURITY, AND OPEN HORSE SHOW EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mandy Cleveland 2nd Cice Pre | 1 | $0 | |
Robert Mckenzie 4th Vice Pre | 1 | $0 | |
Lee Ann Cornelison Director | 0.5 | $0 | |
Rachel Matthews Director | 0.5 | $0 | |
Justin Brown Director | 0.5 | $0 | |
Robyn Zumar 3rd Vice Pre | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,883 |
| Total Program Service Revenue | $85,030 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,695 |
| Total Revenue | $94,608 |
| 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 | $1,312 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $304 |
| Other expenses | $93,863 |
| Total expenses | $95,479 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,653 |
| Other assets | $0 |
| Total assets | $34,653 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,653 |
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|---|---|---|
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Ballroom Cultural Arts Foundation Marfa, TX | $1,422,501 | $1,165,140 |
Gil And Dody Weaver Foundation Dallas, TX | $0 | $964,218 |
Fotofest Inc Houston, TX | $1,959,929 | $2,155,129 |
Interform Springdale, AR | $499,617 | $931,526 |
Inspiration Point Fine Arts Colony Inc Eureka Springs, AR | $3,726,831 | $2,341,148 |
Dallas Spark Dallas, TX | $494,166 | $779,653 |
Valere B Potter Trust Uw Dallas, TX | $5,062,926 | $695,206 |
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