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 09/2021, Sisters Rodeo Association generated $477.4k 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 (5.2%) each year. All expenses for the organization totaled $196.3k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (18.1%) per year over the past 6 years. 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
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 President | OfficerTrustee | 0 | $0 |
Rodger Dwight Vice President | OfficerTrustee | 0 | $0 |
Patti Cordoni Secretary | OfficerTrustee | 0 | $0 |
Rick Wageman Treasurer | OfficerTrustee | 0 | $0 |
Brian Greig Board Member | Trustee | 0 | $0 |
Chuck Harper Board Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $3,625 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $3,625 |
Total Program Service Revenue | $73,595 |
Investment income | $7,301 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $355,672 |
Net Gain/Loss on Asset Sales | $1,974 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,352 |
Miscellaneous Revenue | $0 |
Total Revenue | $477,411 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $7,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $12,057 |
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 | $5,530 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,012 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,327 |
Fees for services: Other | $0 |
Advertising and promotion | $9,401 |
Office expenses | $3,063 |
Information technology | $1,790 |
Royalties | $0 |
Occupancy | $7,685 |
Travel | $0 |
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 | $69,411 |
Insurance | $12,817 |
All other expenses | $7,332 |
Total functional expenses | $196,255 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,571 |
Savings and temporary cash investments | $190,567 |
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 | $39,260 |
Prepaid expenses and deferred charges | $15,773 |
Net Land, buildings, and equipment | $1,038,036 |
Investments—publicly traded securities | $237,459 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,523,666 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $109,700 |
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 | $23,320 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $133,020 |
Net assets without donor restrictions | $1,324,775 |
Net assets with donor restrictions | $65,871 |
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 | $1,523,666 |
Over the last fiscal year, we have identified 1 grants that Sisters Rodeo Association has recieved totaling $132.
Awarding Organization | Amount |
---|---|
Campbell Foundation Portland, OR PURPOSE: GENERAL SUPPORT | $132 |
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 |
Little Bit Therapeutic Riding Center Redmond, WA | $10,862,062 | $2,671,005 |
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 |
National Intercollegiate Rodeo Association Walla Walla, WA | $2,628,196 | $1,958,605 |
Rbb Inc Redwood City, CA | $80,395 | $1,535,893 |
Caldwell Night Rodeo Caldwell, ID | $1,843,255 | $1,685,493 |
Rancho Riding Club Rancho Santa Fe, CA | $2,274,734 | $1,345,001 |
Idaho Cutting Horse Assn Inc Buhl, ID | $161,331 | $1,157,609 |