Totals
- Total revenue
- $1,915,690
- Total expenses
- $1,906,021
- Contributions and grants received
- $1,678,255
- Grants paid
- $0
- Program service revenue
- $237,435
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $162,322
- Total liabilities, end of year
- $120,009
- Net assets or fund balances, end of year
- $42,313
- Program services expenses (Part IX)
- $1,753,471
- Management and general expenses
- $152,484
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,753,472
Program services were 92.0% 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.
-
1e · Government grants (contributions)
$1,659,842
-
1f · All other contributions, gifts and grants
$18,413
-
2a · Program service revenue: Event Revenue
total $237,435 · related or exempt $237,435
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $148,750 · program services $120,488 · management and general $28,263
-
7 · Other salaries and wages
total $273,129 · program services $221,234 · management and general $51,833
-
9 · Other employee benefits
total $42,258 · program services $33,666 · management and general $8,592
-
10 · Payroll taxes
total $33,260 · program services $26,941 · management and general $6,314
-
11c · Fees: accounting
total $129,140 · program services $123,974 · management and general $5,166
-
11g · Fees: other
total $251,993 · program services $241,118 · management and general $10,875
-
12 · Advertising and promotion
total $228,923 · program services $228,923
-
13 · Office expenses
total $117,138 · program services $94,882 · management and general $22,256
-
14 · Information technology
total $12,868 · program services $10,423 · management and general $2,445
-
16 · Occupancy
total $12,409 · program services $8,934 · management and general $3,475
-
17 · Travel
total $56,194 · program services $56,194 · management and general $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $14,694 · program services $10,580 · management and general $4,114
-
24a · Other expenses: Educational Kiosks
total $35,387 · program services $35,387
-
24b · Other expenses: Event Costs
total $500,517 · program services $500,517
-
24c · Other expenses: Sponsorship Fees
total $26,534 · program services $19,104 · management and general $7,430
-
24d · Other expenses: Cost of Goods Sold
total $18,457 · program services $18,457
-
24e · All other expenses
total $4,370 · program services $2,649 · management and general $1,721 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $46,519 · end of year $159,347
-
4 · Accounts receivable
beginning of year $4,809 · end of year $650
-
9 · Prepaid expenses and deferred charges
end of year $2,325
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $729 · end of year $2,000
-
19 · Deferred revenue
end of year $45,599
-
25 · Other liabilities
end of year $72,410
-
27 · Net assets without donor restrictions
beginning of year $50,599 · end of year $42,313
Mission and programs · 2023
Mission
Working in partnership with the Bureau of Land Management's Wild Horse and Burro Program, Mustang Champions will create and manage programs and events that will positively and efficiently aid in decreasing the total number of excess wild horses in holding, while building awareness, providing education, and creating a sense of community among mustang enthusiasts. Our hope is that with our combined efforts and talents we can reduce the American taxpayer burden that funds the gathering and holding of mustangs and the successful placement of mustangs into caring homes.
Activities or mission (Part I)
Mustang Champions is dedicated to the successful transition of American mustangs from off-range holding to placement in private care, working in partnership with the Bureau of Land Management's Wild Horse and Burro Program
-
Mustang Champions worked to increase wild horse placements, educate Americans and elevate the general publics understanding of the status of Americas wild horses and burros and the rangelands they inhabit. MC accomplished this through the development and implementation of a national education program, The Interactive Wild Horse Experience, and two national championship mustang events, Mustang Classic and Mustang Challenge. The goal of the events is to generate positive adoptions and sales while elevating the public image of wild horses and their adaptability to ownership. Through our educational efforts we gathered relative statistics and information on BLM programs and solutions and presented it to the public in an experiential trade show format to help Americans better appreciate and comprehend the complexity and purpose of the program. Advisory Boards were established for both the Mustang Classic and Mustang Challenge. The board members have helped consult on class formats and competition rules and regulations. They have also consulted on competition judges, event designers and staff. Exhibitor Solicitation advertising campaigns were designed and launched. Heavy focus on social marketing campaigns that directly target potential and past trainers and competitors and their use of mobile devices. Venues have been booked and contracts are in development. Class structure and rules and regulations have been developed, finalized, and distributed. Salesforce platform secured and developed for all competitor and mustang information to be collected, stored, and accessed for program execution. The Training curriculum and Training Readiness Test are in development.
Expenses $1,753,472 · Revenue $237,435
As filed on the 2023 return.
Listed in Part VII
-
David Lyon
President
- Total calculated
- $0
- Hours/week
- 2
-
Emily Factor
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Ruth Hughs
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Jeff Bednarz
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Carol Sandlin
Director
- Total calculated
- $0
- Hours/week
- 2
-
Matthew Manroe
Executive Director
- Total calculated
- $118,853
- From this org
- $118,750
- From related orgs
- $0
- Other
- $103
- Hours/week
- 40
-
Karen Wallace
Director of Finance
- Total calculated
- $49,000
- From this org
- $49,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Kali Sublett
Director of Government Partnerships & Funding
- Total calculated
- $96,686
- From this org
- $95,000
- From related orgs
- $0
- Other
- $1,686
- Hours/week
- 30
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
- 15 July 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541979349301609
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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