Sisters Rodeo Association is located in Sisters, OR. The organization was established in 1981. 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. Sisters 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 09/2023, Sisters Rodeo Association generated $1.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $1.1m during the year ending 09/2023. While expenses have increased by 8.5% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RODEO EVENT FOR THE ENJOYMENT AND BENEFIT OF THE COMMUNITY. COLLEGE SCHOLARSHIPS, FUNDED BY PROFITS AND INVESTMENT INCOME, ARE AWARDED TO LOCAL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RODEO EVENT FOR THE ENJOYMENT AND BENEFIT OF THE COMMUNITY. COLLEGE SCHOLARSHIPS, FUNDED BY PROFITS AND INVESTMENT INCOME, ARE AWARDED TO LOCAL STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Curt Kallberg Member | Trustee | 0 | $0 |
Scott Talerico Board Member | Trustee | 0 | $0 |
Brian Witt Vice President | OfficerTrustee | 0 | $0 |
Amorita Anstett Board Member | Trustee | 0 | $0 |
Marcus Peck Board Member | Trustee | 0 | $0 |
Danette Bialous Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $6,900 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $7,632 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,532 |
Total Program Service Revenue | $810,134 |
Investment income | $15,463 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $49,933 |
Net Gain/Loss on Asset Sales | -$11,715 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $212,108 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,091,754 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $13,800 |
Grants and other assistance to domestic individuals. | $7,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $36,167 |
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 | $2,545 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,080 |
Fees for services: Other | $87,872 |
Advertising and promotion | $99,148 |
Office expenses | $8,919 |
Information technology | $6,137 |
Royalties | $0 |
Occupancy | $6,600 |
Travel | $29,054 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,435 |
Interest | $277 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $60,819 |
Insurance | $28,323 |
All other expenses | $87,013 |
Total functional expenses | $1,086,423 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $75,929 |
Savings and temporary cash investments | $557,602 |
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 | $11,995 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,114,772 |
Investments—publicly traded securities | $214,612 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,974,910 |
Accounts payable and accrued expenses | $4,543 |
Grants payable | $0 |
Deferred revenue | $5,829 |
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 | $11,660 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $22,032 |
Net assets without donor restrictions | $1,894,869 |
Net assets with donor restrictions | $58,009 |
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 | $1,974,910 |