Bhs Inc is located in Miles City, MT. The organization was established in 2009. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2022, Bhs Inc employed 97 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bhs 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 09/2022, Bhs Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $1.5m during the year ending 09/2022. While expenses have increased by 10.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE COMMUNITY ENTERTAINMENT EVENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
BHS IS ORGANIZED TO HOLD A COMMUNITY ENTERTAINMENT EVENT THAT GENERATES TOURISM, PROVIDES ENTERTAINMENT OPPORTUNITIES AND CREATES ECONOMIC INFLUX TO THE AREA OVER A 3 OR 4 DAY PERIOD.
BHS IS ORGANIZED TO HOLD A COMMUNITY ENTERTAINMENT EVENT THAT GENERATES TOURISM, PROVIDES ENTERTAINMENT OPPORTUNITIES AND CREATES ECONOMIC INFLUX TO THE AREA OVER A 3 OR 4 DAY PERIOD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karl Drga Treasurer | OfficerTrustee | $0 | |
John Morford President | OfficerTrustee | $0 | |
Craig Miller Vice Preside | OfficerTrustee | $0 | |
Bart Meged Director | Trustee | $0 | |
Brian Nansel Director | Trustee | $0 | |
Ron Watts Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
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 | $0 |
Total Program Service Revenue | $0 |
Investment income | $1,788 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,455,430 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $11,000 |
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 | $96,507 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,722 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,856 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $116,952 |
Office expenses | $12,208 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $49,028 |
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 | $5,300 |
Insurance | $6,082 |
All other expenses | $124,188 |
Total functional expenses | $1,463,411 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $314,694 |
Savings and temporary cash investments | $301,659 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $616,353 |
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 | $0 |
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 | $616,353 |
Total liabilities and net assets/fund balances | $616,353 |
Organization Name | Assets | Revenue |
---|---|---|
Cody Stampede Inc Cody, WY | $3,494,478 | $3,110,728 |
Sioux Empire Fair Association Sioux Falls, SD | $1,938,315 | $2,671,698 |
Bhs Inc Miles City, MT | $616,353 | $1,455,430 |
Nampa Harvest Festival Association Inc Nampa, ID | $1,363,651 | $1,389,789 |
International Festivals & Events Association Boise, ID | $285,897 | $644,662 |
Greater Grand Forks Fair & Exhibition Association Inc Grand Forks, ND | $529,601 | $337,488 |
Rapid City Summer Nights Rapid City, SD | $175,997 | $286,079 |
Morton County Fair Association New Salem, ND | $0 | $447,939 |
Pembina County Annual Fair And Exhibition Association Cavalier, ND | $377,249 | $248,542 |
Minot Indoor Rodeo Inc Minot, ND | $141,549 | $286,998 |
Glasgow Rodeo Committee Glasgow, MT | $15,032 | $0 |
Ransom County Fair Association Lisbon, ND | $0 | $228,615 |