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Nonprofiteer
← MONTANA EQUESTRIAN EVENTS INC

Form 990 for tax year 2022

Filed by MONTANA EQUESTRIAN EVENTS INC.

Totals

Total revenue
$1,948,772
Total expenses
$2,103,389
Contributions and grants received
$1,012,381
Grants paid
$115,000
Program service revenue
$909,338
Investment income
$976
Other revenue
$26,077
Total assets, end of year
$161,219
Total liabilities, end of year
$14,768
Net assets or fund balances, end of year
$146,451
Program services expenses (Part IX)
$1,998,216
Management and general expenses
$92,880
Fundraising expenses
$12,293
Program service expenses (Part III)
$1,998,216

Program services were 95.0% 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.

  • 1f · All other contributions, gifts and grants

    $1,012,381

  • 1g · Noncash contributions included above

    $602,585

  • 2a · Program service revenue: EQUESTRIAN EVENTS

    total $909,338 · related or exempt $909,338

  • 3 · Investment income

    total $2,921 · excluded $2,921

  • 7a · Gross sales of assets other than inventory

    securities $591,197

  • 7b · Less cost or other basis and sales expenses

    securities $593,142

  • 7c · Gain or loss

    securities -$1,945

  • 7d · Net gain or loss

    total -$1,945 · excluded -$1,945

  • 10a · Gross sales of inventory

    $71,409

  • 10b · Cost of goods sold

    $45,332

  • 10c · Net income from sales of inventory

    total $26,077 · related or exempt $26,077

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $115,000 · program services $115,000

  • 7 · Other salaries and wages

    total $374,884 · program services $308,424 · management and general $56,491 · fundraising $9,969

  • 9 · Other employee benefits

    total $20,318 · program services $11,073 · management and general $7,858 · fundraising $1,387

  • 10 · Payroll taxes

    total $33,804 · program services $27,556 · management and general $5,311 · fundraising $937

  • 11b · Fees: legal

    total $445 · management and general $445

  • 11c · Fees: accounting

    total $3,995 · management and general $3,995

  • 11g · Fees: other

    total $283,168 · program services $283,168

  • 12 · Advertising and promotion

    total $73,389 · program services $73,389

  • 13 · Office expenses

    total $18,780 · management and general $18,780

  • 16 · Occupancy

    total $572,925 · program services $572,925

  • 21 · Payments to affiliates

    total $99,204 · program services $99,204

  • 24a · Other expenses: JUDGE'S FEES AND EXPENS

    total $275,721 · program services $275,721

  • 24b · Other expenses: SUPPLIES

    total $139,285 · program services $139,285

  • 24c · Other expenses: PRIZES

    total $92,471 · program services $92,471

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $249,986 · end of year $125,847

  • 2 · Savings and temporary cash investments

    beginning of year $8,017 · end of year $888

  • 4 · Accounts receivable

    beginning of year $689

  • 8 · Inventories for sale or use

    beginning of year $5,754 · end of year $15,441

  • 15 · Other assets

    beginning of year $56,991 · end of year $19,043

  • 17 · Accounts payable and accrued expenses

    beginning of year $20 · end of year $585

  • 25 · Other liabilities

    beginning of year $20,349 · end of year $14,183

  • 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 $301,068 · end of year $146,451

Mission and programs · 2022

Mission

TO PROMOTE AMATEUR EQUESTRIAN COMPETITION IN THE WESTERN UNITED STATES.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $1,998,216 · Grants $115,000 · Revenue $935,415

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Jerome T Broussard

    PRESIDENT/TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Sarah G Broussard

    VICE PRESIDENT/SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Elizabeth A Lendrum

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Rebecca A Broussard

    DIRECTOR

    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

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • LOUISIANA LAND AND LIVESTOCK LLC

    N/A · REAL ESTATE INVESTMENT · MT

  • RB AVIATION LLC

    N/A · AIRPLANE CHARTER · MT

  • TEAM REBECCA LLC

    N/A · HORSE RIDING COMPETITION · MT

  • BROUSSARD INVESTMENT LP #1

    N/A · INVESTMENTS · MT

  • BROUSSARD INVESTMENT LP #2

    N/A · INVESTMENTS · MT

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
30 August 2023
IRS schema version
2022v5.0
Source object
202322579349302027

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