Tucson Rodeo Committee Inc
- Assets
- $2.0m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 7
- Location
- Tucson, AZ
- Founding
- 12/1988
- Data as of
- 05/2022
- EIN
- 86-0579801
Organization Overview
Tucson Rodeo Committee Inc is located in Tucson, AZ. The organization was established in 1988. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 05/2022, Tucson Rodeo Committee Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tucson Rodeo Committee 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 05/2022, Tucson Rodeo Committee Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.5m during the year ending 05/2022. While expenses have increased by 1.9% 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
TO SUPPORT TUCSON, ARIZONA THROUGH THE SPORT OF RODEO BY PRODUCING A HIGH QUALITY PROFESSIONAL RODEO EVENT WHICH PROMOTES THE TRADITION AND CULTURAL HERITAGE OF THE COMMNUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORS LA FIESTA DE LOS VAQUEROS, THE ANNUAL TUCSON PROFESSIONAL RODEO, WHICH IS A COMMUNITY WIDE CELEBRATION OF THE HISTORY AND HERTITAGE OF TUCSON, ARIZONA (APPROXIMATELY ANNUAL 43,000 ATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blue Adermann Vice Chairman | OfficerTrustee | 3 | $0 |
Elizabeth Jordan Secretary | OfficerTrustee | 2 | $0 |
Mark Baird Chairman | OfficerTrustee | 3 | $0 |
Tom Davenport Treasurer | OfficerTrustee | 5 | $0 |
Samuel Merriman Director | Trustee | 1 | $0 |
Butch Krietemeyer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $146,250 |
| 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 | $146,250 |
| Total Program Service Revenue | $1,837,252 |
| Investment income | $790 |
| 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 | $27,118 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,029,512 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,169 |
| 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 | $247,884 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,541 |
| Payroll taxes | $19,831 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,563 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,990 |
| Advertising and promotion | $82,931 |
| Office expenses | $21,905 |
| Information technology | $2,119 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,330 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,197 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,086 |
| Insurance | $21,793 |
| All other expenses | $828,096 |
| Total functional expenses | $1,488,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $861,027 |
| Savings and temporary cash investments | $799,958 |
| 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 | $326,376 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,987,361 |
| Accounts payable and accrued expenses | $5,689 |
| 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 | $5,689 |
| Net assets without donor restrictions | $1,981,672 |
| 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 | $1,987,361 |
Grants Awarded
Over the last fiscal year, Tucson Rodeo Committee Inc has awarded $48,169 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TUCSON RODEO FOUNDATION PURPOSE: GENRAL SUPPORT | $25,000 |
VARIOUS ORGANIZATIONS PURPOSE: GENERAL SUPPORT | $23,169 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reno Rodeo Association Reno, NV | $7,682,424 | $7,267,043 |
J F Shea Therapeutic Riding Center Inc San Juan Capistrano, CA | $18,381,911 | $5,838,761 |
The Horsepark At Woodside Ltd Woodside, CA | $5,825,426 | $3,874,613 |
Paso Robles Horse Park Foundation Inc Paso Robles, CA | $8,466,644 | $4,825,746 |
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 |
Colorado Springs Rodeo Association Colorado Springs, CO | $74,186 | $2,419,320 |
National Center For Equine Facilitated Therapy Woodside, CA | $7,890,170 | $1,276,046 |
Clovis Horse Show & Festival Assn Clovis, CA | $2,523,034 | $1,947,993 |
Rbb Inc Redwood City, CA | $80,395 | $1,535,893 |
Tucson Rodeo Committee Inc Tucson, AZ | $1,987,361 | $2,029,512 |
Rancho Riding Club Rancho Santa Fe, CA | $2,274,734 | $1,345,001 |