National Little Britches Rodeo
- Assets
- $2.6m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Colorado Springs, CO
- Founding
- 12/1973
- Data as of
- 08/2021
- EIN
- 84-0622356
Organization Overview
National Little Britches Rodeo is located in Colorado Springs, CO. The organization was established in 1973. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, National Little Britches Rodeo employed 5 individuals. This organization is the central organization for a national or regional group of organizations. National Little Britches Rodeo 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 08/2021, National Little Britches Rodeo generated $2.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $2.3m during the year ending 08/2021. While expenses have increased by 4.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AWARD COLLEGE SCHOLARSHIPS TO WINNERS IN ANNUAL FINALS RODEO IN GUTHRIE, OKLAHOMA, PROMOTE RODEOS, OPEN FRANCHISES, AND SERVE MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED COLLEGE SCHOLARSHIPS TO WINNERS IN ANNUAL FINAL'S RODEO IN GUTHRIE, OKLAHOMA, PROMOTED RODEOS AND FRANCHISES AND SERVED MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annie Walter Executive Director | Officer | 40 | $88,138 |
Sam Stoddard Director | OfficerTrustee | 5 | $0 |
Jodi Stoddard Director | OfficerTrustee | 2 | $0 |
Galen Shumaker Vice President | OfficerTrustee | 2 | $0 |
Jason Grubb President | OfficerTrustee | 5 | $0 |
Kerbie Bowden Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $301,640 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,205 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,845 |
| Total Program Service Revenue | $2,313,104 |
| Investment income | $10,042 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $8,541 |
| 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 | $2,636,797 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $43,400 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,783 |
| Compensation of current officers, directors, key employees. | $90,783 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $157,144 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $89,300 |
| Advertising and promotion | $210,654 |
| Office expenses | $26,647 |
| Information technology | $0 |
| Royalties | $16,267 |
| Occupancy | $18,239 |
| Travel | $36,348 |
| 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 | $13,378 |
| Insurance | $0 |
| All other expenses | $302,561 |
| Total functional expenses | $2,276,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $930,707 |
| Savings and temporary cash investments | $68,618 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $142,266 |
| 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 | $13,750 |
| Net Land, buildings, and equipment | $49,610 |
| Investments—publicly traded securities | $1,381,581 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $56,140 |
| Other assets | $1,190 |
| Total assets | $2,643,862 |
| Accounts payable and accrued expenses | $8,203 |
| Grants payable | $321,029 |
| Deferred revenue | $173,100 |
| 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 | $502,332 |
| Net assets without donor restrictions | $2,141,530 |
| 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 | $2,643,862 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Little Britches Rodeo has recieved totaling $74.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $74 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oktoberfest Inc Tulsa, OK | $2,688,468 | $7,024,472 |
Colorado Education Initiative Denver, CO | $5,028,811 | $3,690,284 |
Archaeology Southwest Tucson, AZ | $12,685,440 | $3,597,421 |
National Little Britches Rodeo Colorado Springs, CO | $2,643,862 | $2,636,797 |
Latino Community Foundation Of Colorado Inc Denver, CO | $7,867,698 | $2,394,861 |
Flower Hill Institute Jemez Pueblo, NM | $823,224 | $2,237,551 |
Southwestern Association For Indian Arts Inc Santa Fe, NM | $785,210 | $1,802,877 |
Life-Line Denver, CO | $658,638 | $1,555,832 |
Tribal Education Departments National Assembly Co Oklahoma City, OK | $43,006 | $1,157,227 |
Fort Apache Heritage Foundation Inc Fort Apache, AZ | $2,439,706 | $1,250,700 |
Native Renewables Inc Flagstaff, AZ | $1,342,329 | $2,136,177 |
Cihuapactli Collective Phoenix, AZ | $864,626 | $1,497,266 |