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Nonprofiteer
← LIVINGSTON ROUNDUP ASSOCIATION INC

Form 990 for tax year 2023

Filed by LIVINGSTON ROUNDUP ASSOCIATION INC.

Totals

Total revenue
$546,507
Total expenses
$500,482
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$549,210
Investment income
$1,220
Other revenue
-$3,923
Total assets, end of year
$636,326
Total liabilities, end of year
$120
Net assets or fund balances, end of year
$636,206
Program services expenses (Part IX)
$497,791
Management and general expenses
$2,691
Fundraising expenses
$0
Program service expenses (Part III)
$497,791

Program services were 99.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 2a · Program service revenue: RODEO INCOME

    total $549,210 · related or exempt $549,210

  • 3 · Investment income

    total $1,220 · related or exempt $1,220

  • 8a · Fundraising events: gross income

    $10,800

  • 8b · Fundraising events: direct expenses

    $19,330

  • 8c · Net income from fundraising events

    total -$8,530 · excluded -$8,530

  • 11a · Other revenue: MISCELLANEOUS

    total $4,607 · related or exempt $4,607

  • 11e · Other revenue, total

    $4,607

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $1,285 · management and general $1,285

  • 11c · Fees: accounting

    total $1,250 · management and general $1,250

  • 12 · Advertising and promotion

    total $10,961 · program services $10,961

  • 13 · Office expenses

    total $28,963 · program services $28,807 · management and general $156

  • 16 · Occupancy

    total $59,199 · program services $59,199

  • 17 · Travel

    total $9,963 · program services $9,963

  • 23 · Insurance

    total $8,145 · program services $8,145

  • 24a · Other expenses: PURSES

    total $128,000 · program services $128,000

  • 24b · Other expenses: RODEO STOCK

    total $81,735 · program services $81,735

  • 24c · Other expenses: COURTESY TENT

    total $32,516 · program services $32,516

  • 24d · Other expenses: SCOREBOARD

    total $29,165 · program services $29,165

  • 24e · All other expenses

    total $109,300 · program services $109,300

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $363,613 · end of year $340,667

  • 2 · Savings and temporary cash investments

    beginning of year $226,568 · end of year $227,788

  • 9 · Prepaid expenses and deferred charges

    end of year $67,871

  • 17 · Accounts payable and accrued expenses

    end of year $120

  • 27 · Net assets without donor restrictions

    beginning of year $590,181 · end of year $636,206

Mission and programs · 2023

Mission

SEE SCHEDULE O

Activities or mission (Part I)

THE ORGANIZATION PUTS ON A FOUR DAY RODEO EVENT IN LIVINGSTON MT, A SMALL RURAL TOWN. THIS IS THE BIGGEST EVENT OF THE YEAR IN PARK COUNTY, AND DRAWS CROWDS OF UP TO 20,000 ATTENDEES ANNUALLY. IT IS A SIGNIFICANT PART OF LOCAL HERITAGE. IT IS ONE OF THE LARGEST RODEOS IN THE STATE OF MONTANA, AND REGULARLY DRAWS THE TOP COMPETITORS IN THE COUNTY. IT IS A SIGNIFICANT PRODUCER OF REVENUE TO THE RESTAURAUNTS/BARS, HOTELS, AND OTHER RETAIL MERCHANTS.

  • PRODUCTION OF ANNUAL FOUR-DAY RODEO, HELD EACH YEAR ON THE WEEKEND OF JULY 4TH

    Expenses $497,791 · Revenue $549,210

As filed on the 2023 return.

Listed in Part VII

  • VICKI AYRES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • BRUCE BECKER

    BOARD PRESID

    Total calculated
    $0
    Hours/week
    4
  • CAROLINE BILLINGSLEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • CATHY BOSLEY

    BOARD SECRET

    Total calculated
    $0
    Hours/week
    2
  • IVAN BOSLEY

    BOARD VICE P

    Total calculated
    $0
    Hours/week
    2
  • GARY GLASS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • MARLENE GLASS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • PEGGY GLASS

    BOARD TREASU

    Total calculated
    $0
    Hours/week
    4
  • SHAWN O'NEILL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • SHARON PAYNE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
23 April 2024
IRS schema version
2023v5.0
Source object
202411209349300736

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