International Society For The Protection Of Mustangs & Burros
- Assets
- $407.8k
- Revenue
- $202.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Rapid City, SD
- Founding
- 04/1968
- Data as of
- 12/2023
- EIN
- 94-6169422
Organization Overview
International Society For The Protection Of Mustangs & Burros is located in Rapid City, SD. The organization was established in 1968. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Society For The Protection Of Mustangs & Burros 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 12/2023, International Society For The Protection Of Mustangs & Burros generated $202.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $141.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (17.2%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONS MISSION IS TO PROTECT, PRESERVE AND UNDERSTAND WILD HORSES AND BURROS AS WELL AS THEIR HABITAT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISPMB HAS COLLECTED MORE THAN TWENTY YEARS OF DATA OBSERVING BEHAVIORS AND HERD GROWTH OF FOUR HERDS OF WILD HORSES IT MANAGED. WITH THIS INFORMATION, ISPMB HAS CREATED A MODEL FOR MANAGING AMERICAS WILD HORSES. ISPMBS INTENT IS TO TRANSFORM HOW WILD HORSES AND BURROS ARE MANAGED ON PUBLIC LANDS. IN THE PAST, ISPMB HAS SHARED MANY PROGRAMS WITH THE BUREAU OF LAND MANAGEMENT AND THE FOREST SERVICE, THE AGENCIES WHO MANAGE WILD HORSES AND BURROS. IT IS OUR GOAL TO SHARE THIS NEW PROGRAM WITH THE AGENCIES.CURRENTLY ISPMB MANAGES ONE ENDANGERED WILD HERD KNOWN AS THE GILA HERD AND CONTINUES TO OBSERVE AND COLLECT DATA ON THIS HERD WHICH REMAINS IN CONSERVATION UNDER THEIR CARE.ISPMB OPERATES A RESCUE PROGRAM FOR WILD HORSES AND CONTINUES EFFORTS TO CREATE ITS INTERNATIONAL WILD HORSE AND BURRO HERITAGE CENTER.ISPMB RECEIVED $122,253 IN DONATED SERVICES WHICH INCLUDES $40,000 IN MANAGEMENT SERVICES AND $81,379 IN LEGAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patti Roth Secretary | OfficerTrustee | 2 | $0 |
Craig Downer Director | OfficerTrustee | 1 | $0 |
Karen A Sussman President | OfficerTrustee | 20 | $0 |
Johnnie Forquer Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,653 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $194,043 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $196,696 |
| Total Program Service Revenue | $0 |
| Investment income | $5,857 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $202,553 |
| 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 | $10,662 |
| Fees for services: Accounting | $13,629 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $156 |
| Advertising and promotion | $1,436 |
| Office expenses | $22,712 |
| Information technology | $155 |
| Royalties | $0 |
| Occupancy | $68,397 |
| Travel | $136 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $179 |
| Interest | $8,700 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,202 |
| Insurance | $2,236 |
| All other expenses | $3,786 |
| Total functional expenses | $141,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,170 |
| Savings and temporary cash investments | $205,521 |
| 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 | $49,932 |
| Investments—publicly traded securities | $295 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,903 |
| Other assets | $0 |
| Total assets | $407,821 |
| Accounts payable and accrued expenses | $53,800 |
| 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 | $236,275 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $120,750 |
| Other liabilities | $0 |
| Total liabilities | $410,825 |
| Net assets without donor restrictions | -$7,554 |
| Net assets with donor restrictions | $4,550 |
| 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 | $407,821 |