Rodeo De Santa Fe Inc
- Assets
- $307.9k
- Revenue
- $315.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 85-0376213
Organization Overview
Rodeo De Santa Fe Inc is located in Santa Fe, NM. The organization was established in 2016. According to its NTEE Classification (N69) the organization is classified as: Equestrian, 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. Rodeo DE Santa Fe 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, Rodeo DE Santa Fe Inc generated $315.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $278.9k during the year ending 12/2021. While expenses have increased by 2.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE RODEO PROGRAMS TO PROVIDE THE COMMUNITY WITH RECREATION AND PRESERVE HISTORY AND TRADITIONAL RURAL CUSTOMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SUCCESSFULLY PRODUCED A FOUR DAY RODEO PERFORMANCE WITH ATTENDENCE IN EXCESS OF 9,500 PEOPLE CONSISTING OF BOTH THE LOCAL COMMUNITY AND INTERNATIONAL TOURISTS.
THE ORGANIZATION HELD ROYALTY INSTRUCTION CLASSES AND ROYALTY CONTESTS FOR LOCAL YOUNG WOMEN. THE PROGRAM PROMOTES TRAINING IN PUBLIC PRESENTATIONS AND SPEAKING, IN ADDITION TO HORSEMANSHIP TRAINING.
THE ORGANIZATION PRODUCED A WEEKLY BARREL RACING COMPETITION AND EXHIBITION FROM MAY TO OCTOBER. THE EVENTS WERE ATTENDED BY LOCAL BARREL RACERS, BOTH YOUTH AND ADULT COMPETITORS. THERE WAS AN AVERAGE OF 20 ATTENDEES FOR EACH EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Butler President | Officer | 15 | $0 |
Adriene Simpson Treasurer | Officer | 5 | $0 |
Beth Gray Secretary | Officer | 5 | $0 |
Gary Runer Director | Trustee | 5 | $0 |
Fiona Jolly Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,500 |
| 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 | $2,500 |
| Total Program Service Revenue | $263,550 |
| Investment income | $134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $49,492 |
| 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 | $315,676 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| 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 | $434 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $93,885 |
| Advertising and promotion | $18,312 |
| Office expenses | $18,410 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,616 |
| Travel | $5,128 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $350 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,636 |
| Insurance | $10,413 |
| All other expenses | $21,031 |
| Total functional expenses | $278,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,487 |
| Savings and temporary cash investments | $51,468 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,887 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $101,035 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $307,877 |
| Accounts payable and accrued expenses | $2,428 |
| 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 | $158,134 |
| Other liabilities | $0 |
| Total liabilities | $160,562 |
| Net assets without donor restrictions | $147,315 |
| 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 | $307,877 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Cutting Horse Association Sonoita, AZ | $358,442 | $3,211,338 |
Professional Association Of Therapeutic Horsemanship Intl Westminster, CO | $1,976,775 | $2,827,086 |
Houston Polo Club Houston, TX | $639,620 | $2,717,907 |
Colorado Springs Rodeo Association Colorado Springs, CO | $74,186 | $2,419,320 |
Oklahoma Quarter Horse Racing Association Inc Edmond, OK | $3,393,007 | $2,258,601 |
Tucson Rodeo Committee Inc Tucson, AZ | $1,987,361 | $2,029,512 |
Utah Cutting Horse Association Lehi, UT | $334,665 | $1,358,261 |
West Texas Cutting Horse Association Amarillo, TX | $317,039 | $987,985 |
Arizona Reining Horse Association Inc Scottsdale, AZ | $327,080 | $1,052,561 |
Therapeutic Riding Of Tucson Inc Tucson, AZ | $1,737,432 | $1,013,964 |
Oklahoma Quarter Horse Association Inc Oklahoma City, OK | $788,287 | $878,265 |
Texas Senior Pro Rodeo Assoc Inc Gatesville, TX | $32,489 | $804,765 |