Newport Rodeo Association
- Assets
- $25.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, WA
- Founding
- 07/1950
- Data as of
- 12/2020
- EIN
- 91-6055912
Organization Overview
Newport Rodeo Association is located in Newport, WA. The organization was established in 1950. 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. Newport Rodeo Association 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 12/2020, Newport Rodeo Association generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (29.7%) each year. All expenses for the organization totaled $20.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (21.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
NEWPORT RODEO ASSOCIATION IS A LOCAL ASSOCIATION OF MEMBERS WHO PUT ON LOCAL RODEO EVENTS AND MAINTAIN THE LOCAL FAIRGROUNDS IN NEWPORT, WASHINGTON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Hansen President | 2 | $0 | |
Dick Jackson Vice President | 2 | $0 | |
Angie Saunders Secretary | 2 | $0 | |
Lola Rickey Board Member | 2 | $0 | |
Nick Tucker Treasurer | 2 | $0 | |
Cheyne Anderson Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $10,088 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,092 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,435 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,061 |
| Total expenses | $20,496 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,141 |
| Other assets | $0 |
| Total assets | $25,933 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,933 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Little Bit Therapeutic Riding Center Redmond, WA | $10,862,062 | $2,671,005 |
National Intercollegiate Rodeo Association Walla Walla, WA | $2,628,196 | $1,958,605 |
Caldwell Night Rodeo Caldwell, ID | $1,843,255 | $1,685,493 |
Idaho Cutting Horse Assn Inc Buhl, ID | $161,331 | $1,157,609 |
The Washington Hunters And Jumper Association Sammamish, WA | $298,303 | $1,154,615 |
Oregon Cutting Horse Association Sublimity, OR | $128,820 | $907,106 |
Oregon High School Equestrian Teams Inc Redmond, OR | $492,938 | $732,077 |
Farm-City Pro Rodeo Inc Hermiston, OR | $666,994 | $894,751 |
Omak Stampede Inc Omak, WA | $198,933 | $660,511 |
Washington State High School Rodeo Association Inc Ellensburg, WA | $285,215 | $575,000 |
Oregon Quarter Horse Assn Inc Newberg, OR | $71,850 | $553,265 |
Eagle Rodeo Inc Eagle, ID | $207,094 | $497,060 |