Montana Equestrian Events Inc is located in Whitefish, MT. The organization was established in 2000. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Montana Equestrian Events Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montana Equestrian Events 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 12/2021, Montana Equestrian Events Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 0.1% 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.
Since 2015, Montana Equestrian Events Inc has awarded 25 individual grants totaling $572,233. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AMATEUR EQUESTRIAN COMPETITION IN THE WESTERN UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION GIVES EQUESTRIANS OF ALL AGES THE OPPORTUNITY TO COMPETE IN THE WESTERN UNITED STATES IN COMPETITIONS THAT ARE SANCTIONED BY A NATIONAL PARENT ORGANIZATION, THE UNITED STATES EVENTING ASSOCIATION (USEA), HEADQUARTERED IN LEESBURG, VIRGINIA AND THE INTERNATIONAL SANCTIONING ORGANIZATION, FEDERATION EQUESTRE INTERNATIONALE, SWITZERLAND.THE PRIMARY SERVICE ACCOMPLISHMENT IS STAGING THE MAIN COMPETITION CALLED THE EVENT AT REBECCA FARM IN JULY OF EACH YEAR FOR APPROXIMATELY 580 ENTRANTS. THE RIDER AND HORSE PERFORM A COMBINATION OF THE EQUESTRIAN DISCIPLINE OF DRESSAGE, CROSS COUNTRY AND STADIUM JUMPING OVER A 3 DAY PERIOD. THERE ARE MULTIPLE DIVISIONS FROM NOVICE TO ADVANCED INCLUDING INTERNATIONAL DIVISIONS. IT IS PART OF A CIRCUIT OF SIMILAR EVENTS THAT TAKE PLACE ACROSS THE U.S. AND THE WORLD AS IT SERVES AS A SPRINGBOARD FOR THE HORSE AND RIDER TO ADVANCE TO MAJOR NATIONAL AND INTERNATIONAL EQUESTRIAN COMPETITIONS, INCLUDING THE OLYMPICS.OVER SEVERAL MONTHS PRIOR TO THE EVENT, THE COURSE IS PREPARED TO APPROPRIATE STANDARDS, TEMPORARY STABLES ARE INSTALLED AND QUALIFIED OFFICIALS ARE HIRED. SEVERAL HUNDRED VOLUNTEERS ALSO HELP IN THE PRODUCTION OF THE EVENT. PLANNED FUNDRAISING TAKES PLACE TO SOLICIT SPONSORS TO OFFSET THE COST NOT COVERED BY ENTRY FEES SUCH AS PROGRAM PRODUCTION, PRIZES, ORGANIZATION FEES, SECURITY, TOILET RENTAL AND GARBAGE REMOVAL, ETC. OVER 20,000 SPECTATORS ATTEND AND ADMISSION IS FREE; HANDICAP ACCESS IS PROVIDED. A TRADE FAIR TAKES PLACE OVER THE 3 DAYS ATTRACTING VENDORS AND FOOD CONCESSIONAIRES. AN EVENING BARBECUE IS ALSO A TRADITIONAL PART OF THE FESTIVITIES. THE COMMUNITY NOT ONLY BENEFITS IN THE RECREATION PROVIDED, BUT ALSO FROM AN ECONOMIC STANDPOINT. THE AVERAGE COMPETITOR FROM OUT OF THE AREA (APPROXIMATELY 3/4 OF THE ENTRANTS) BRING 4-5 HELPERS WITH THEM AND STAY AN AVERAGE OF 5 DAYS. EQUESTRIAN ENTHUSIASTS FROM ALL OVER THE U.S. AND CANADA FLOCK TO THE EVENT EACH JULY TO TAKE IT ALL IN AND THUS SUPPORTING LOCAL TOURISM.ALONG WITH THE MAIN EVENT, SEVERAL CLINICS, SHOW JUMPING COMPETITIONS AND A DRESSAGE SHOW TAKE PLACE THROUGHOUT THE SEASON. THEY TOO ARE SANCTIONED BY PARENT ORGANIZATIONS RESPECTIVELY AS PER THE EQUESTRIAN DISCIPLINE. EXPERT CLINICIANS TEACH 20-30 STUDENTS OVER WEEKENDS AND JUDGES OFFICIATE AT THE JUMPING AND DRESSAGE SHOWS WHICH AVERAGE 80 COMPETITORS. AGAIN, THESE EVENTS ATTRACT EQUESTRIANS FROM ALL OVER THE U.S. AND CANADA.IN 2012, IN MEMORY OF THE EVENT'S FOUNDER, REBECCA BROUSSARD, HER DAUGHTER, SARAH G. BROUSSARD, LAUNCHED "HALT CANCER AT X" - AN INITIATIVE TO RAISE MONEY FOR BREAST CANCER RESEARCH. THE NAME COMES FROM THE DRESSAGE TEST - WHERE THE FIRST MOVEMENT IS FOR THE RIDER TO HALT THE HORSE AT X, A STATION MARKED IN THE ARENA. A PARKING DONATION WAS COLLECTED EACH DAY AT THE EVENT TO HELP SUPPORT THIS CAMPAIGN AND PARTICIPATING COMPETITORS ALSO RAISED MONEY THROUGH SOLICITING PLEDGES. A TOTAL OF $75,650 WAS AWARDED TO NATIONAL AND LOCAL ORGANIZATIONS IN THE FIGHT AGAINST BREAST CANCER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerome T Broussard President/treasurer | OfficerTrustee | 2 | $0 |
Sarah G Broussard Vice President/secretary | OfficerTrustee | 2 | $0 |
Rebecca A Broussard Director | Trustee | 1 | $0 |
Elizabeth A Lendrum Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $33,610 |
All other contributions, gifts, grants, and similar amounts not included above | $882,641 |
Noncash contributions included in lines 1a–1f | $519,456 |
Total Revenue from Contributions, Gifts, Grants & Similar | $916,251 |
Total Program Service Revenue | $473,731 |
Investment income | $8 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $9,713 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $21,890 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,421,593 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $60,451 |
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 | $197,077 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $17,158 |
Payroll taxes | $20,633 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $170,056 |
Advertising and promotion | $60,099 |
Office expenses | $17,367 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $300,665 |
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 | $30,545 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,183,598 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $249,986 |
Savings and temporary cash investments | $8,017 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $689 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $5,754 |
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 | $56,991 |
Total assets | $321,437 |
Accounts payable and accrued expenses | $20 |
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 | $20,349 |
Total liabilities | $20,369 |
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 | $301,068 |
Total liabilities and net assets/fund balances | $321,437 |
Over the last fiscal year, Montana Equestrian Events Inc has awarded $50,278 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Kalispell, MT PURPOSE: BREAST CANCER PROGRAM AND RELATED SERVICES | $17,078 |
Kalispell, MT PURPOSE: HELP PAY FOR TRAVEL EXPENSES INCURRED FOR CANCER TREATMENT | $12,000 |
Missoula, MT PURPOSE: PROVIDE FINANCIAL RESOURCES FOR FAMILIES IMPACTED BY CANCER | $11,200 |
Lakeside, MT PURPOSE: PROVIDE FINANCIAL ASSISTANCE TO CANCER PATIENTS AND THEIR FAMILIES | $10,000 |
Over the last fiscal year, we have identified 3 grants that Montana Equestrian Events Inc has recieved totaling $30,012.
Awarding Organization | Amount |
---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $20,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $9,852 |
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $160 |
Organization Name | Assets | Revenue |
---|---|---|
Caldwell Night Rodeo Caldwell, ID | $1,843,255 | $1,685,493 |
Sheridan Wyo Rodeo Inc Sheridan, WY | $1,087,929 | $1,273,070 |
Montana Equestrian Events Inc Whitefish, MT | $321,437 | $1,421,593 |
Idaho Cutting Horse Assn Inc Buhl, ID | $161,331 | $1,157,609 |
Eagle Rodeo Inc Eagle, ID | $207,094 | $497,060 |
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 |
Handi Riders Inc Sioux Falls, SD | $208,076 | $316,417 |
Big Horn Equestrian Center Inc Sheridan, WY | $664,055 | $309,094 |
Wyoming Cutting Horse Association Incorporated Casper, WY | $26,585 | $256,443 |
Killdeer Saddle Club Killdeer, ND | $1,525,623 | $432,250 |