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Nonprofiteer
← SILVER SPURS CLUB INC

Form 990 for tax year 2023

Filed by SILVER SPURS CLUB INC.

Totals

Total revenue
$2,294,038
Total expenses
$1,809,863
Contributions and grants received
$490,394
Grants paid
$65,636
Program service revenue
$1,715,348
Investment income
$3,483
Other revenue
$84,813
Total assets, end of year
$4,871,644
Total liabilities, end of year
$50,698
Net assets or fund balances, end of year
$4,820,946
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $490,394

  • 2a · Program service revenue: ADMISSIONS

    total $1,088,431 · related or exempt $1,088,431

  • 2b · Program service revenue: CONCESSIONS

    total $172,246 · related or exempt $172,246

  • 2c · Program service revenue: SPONSORSHIPS

    total $156,246 · related or exempt $156,246

  • 2d · Program service revenue: OTHER PROGRAMS

    total $135,333 · related or exempt $135,333

  • 2e · Program service revenue: STALLS

    total $70,088 · related or exempt $70,088

  • 2f · All other program service revenue

    total $93,004 · related or exempt $93,004

  • 3 · Investment income

    total $3,483 · excluded $3,483

  • 6a · Gross rents

    real property $125,742

  • 6b · Less rental expenses

    real property $101,942

  • 6c · Rental income or loss

    real property $23,800

  • 6d · Net rental income or loss

    total $23,800 · related or exempt $23,800

  • 11a · Other revenue: SOD REVENUE

    total $61,013 · related or exempt $61,013

  • 11e · Other revenue, total

    $61,013

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $65,136

  • 2 · Grants to domestic individuals

    total $500

  • 7 · Other salaries and wages

    total $57,724

  • 11a · Fees: management

    total $126,158

  • 11b · Fees: legal

    total $4,833

  • 11g · Fees: other

    total $316,376

  • 12 · Advertising and promotion

    total $146,028

  • 13 · Office expenses

    total $24,741

  • 14 · Information technology

    total $5,760

  • 16 · Occupancy

    total $10,000

  • 17 · Travel

    total $12,012

  • 22 · Depreciation, depletion and amortization

    total $24,361

  • 23 · Insurance

    total $39,476

  • 24a · Other expenses: LIVESTOCK EXPENSE

    total $258,842

  • 24b · Other expenses: MATERIALS AND SUPPLIES

    total $135,136

  • 24c · Other expenses: PRCA

    total $104,960

  • 24d · Other expenses: SPONSORSHIP EXPENSES

    total $85,968

  • 24e · All other expenses

    total $391,852

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $640,619 · end of year $1,145,049

  • 2 · Savings and temporary cash investments

    beginning of year $281,829 · end of year $285,824

  • 4 · Accounts receivable

    beginning of year $1,209 · end of year -$900

  • 10a · Land, buildings and equipment: cost or other basis

    $4,102,119

  • 10b · Land, buildings and equipment: accumulated depreciation

    $660,448

  • 10c · Land, buildings and equipment, net

    beginning of year $3,465,643 · end of year $3,441,671

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $21,303

  • 25 · Other liabilities

    beginning of year $24,390 · end of year $29,395

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $4,364,910 · end of year $4,820,946

Mission and programs · 2023

Mission

THE SILVER SPURS CLUB, INC. PRODUCES TWO SEMI-ANNUAL RODEOS AND EQUESTRIAN EVENTS THROUGHOUT THE YEAR TO KEEP OUR HERITAGE ALIVE AND PROVIDE AN ARENA FOR THOSE EVENTS TO TAKE PLACE.

Activities or mission (Part I)

THE PRIMARY PURPOSE OF SILVER SPURS CLUB, INC. IS THE PRODUCTION OF RODEOS. SILVER SPURS IS THE LARGEST RODEO EAST OF THE MISSISSIPPI AND IS ANNUALLY RANKED AMONG THE TOP 50 EVENTS SANCTIONED BY THE PROFESSIONAL RODEO COWBOYS ASSOCIATION. PRESENTLY, THE SILVER SPURS CLUB HAS 414 MEMBERS, OF WHICH 45 ARE CLUB FOUNDERS AND MANY ARE STILL PERFORMING IMPORTANT ROLES IN THE CLUB AND THE COMMUNITY. ALTHOUGH THE RODEO HAS GROWN INTO A LARGE BUSINSESS AS ONE OF OSCEOLA COUNTY'S PREMIER EVENTS, THE WORK CONTINUES TO BE DONE BY CLUB MEMBERS, THEIR FAMILIES, AND VOLUNTEERS. THE SILVER SPURS RIDING CLUB, ALONG WITH ITS UNCOMPROMISING LOVE OF ANIMALS, LAND, AND THE OUTDOORS, IS PRESERVING AN AMERICAN TRADITION THAT HAS BEEN PASSED DOWN FOR GENERATIONS.

  • THE ORGANIZATION PRODUCED TWO EVENTS IN FEBRUARY 2024, WITH AN AVERAGE ATTENDANCE OF 7,000 PER RODEO OVER 5 DAYS AND A TWO DAY RODEO IN JUNE 2024. SILVER SPURS AWARDED $8,000 IN SCHOLARSHIPS OSCEOLA COUNTY STUDENTS. ADDITIONALLY, SPURS MEMBERS VOLUNTEER AT DIFFERENT COMMUNITY EVENTS WITH THEIR TIME & LABOR.

As filed on the 2023 return.

Listed in Part VII

  • Sara Berlinsky

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Randy Booth

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Kaye Whaley

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Henry Thacker

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Ryleigh Tyson

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Ken Baker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Clifton Chapman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rayelynne Ketchum

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ratso Pennington

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Adam West

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jj White

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
7 April 2025
IRS schema version
2023v6.0
Source object
202510989349301006

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