Form 990 for tax year 2024

1f · All other contributions, gifts and grants

$102,619

2a · Program service revenue: ANNUAL RENO RODEO

total $5,386,272 · related or exempt $5,370,375 · unrelated business $15,897

2b · Program service revenue: STALL & EXHIBIT RENTALS

total $296,857 · related or exempt $296,857

2c · Program service revenue: MEMBERSHIP DUES

total $61,370 · related or exempt $61,370

3 · Investment income

total $238,672 · excluded $238,672

9a · Gaming: gross income

$344,424

9b · Gaming: direct expenses

$96,200

9c · Net income from gaming

total $248,224 · excluded $248,224

10a · Gross sales of inventory

$2,774,224

10b · Cost of goods sold

$649,753

10c · Net income from sales of inventory

total $2,124,471 · related or exempt $2,124,471

1 · Grants to domestic organizations and governments

total $559,016 · program services $559,016

5 · Compensation of officers, directors and key employees

total $170,886 · management and general $170,886

7 · Other salaries and wages

total $534,492 · program services $256,529 · management and general $277,963

8 · Pension plan contributions

total $19,694 · management and general $19,694

9 · Other employee benefits

total $31,617 · management and general $31,617

10 · Payroll taxes

total $21,699 · management and general $21,699

11g · Fees: other

total $1,228,148 · program services $1,117,571 · management and general $110,577

12 · Advertising and promotion

total $381,971 · program services $368,443 · management and general $13,528

13 · Office expenses

total $461,246 · program services $216,488 · management and general $244,758

16 · Occupancy

total $67,525 · program services $64,036 · management and general $3,489

17 · Travel

total $135,510 · management and general $135,510

19 · Conferences, conventions and meetings

total $195,544 · program services $19,287 · management and general $176,257

22 · Depreciation, depletion and amortization

total $142,436 · management and general $142,436

23 · Insurance

total $116,444 · management and general $116,444

24a · Other expenses: RODEO SUPPLIES

total $822,122 · program services $660,533 · management and general $161,589

24b · Other expenses: PURSES & AWARDS

total $810,768 · program services $739,060 · management and general $71,708

24c · Other expenses: LIVESTOCK

total $516,147 · program services $513,647 · management and general $2,500

24d · Other expenses: EQUIPMENT RENTAL

total $267,694 · program services $210,868 · management and general $56,826

24e · All other expenses

total $344,784 · program services $277,216 · management and general $67,568

1 · Cash, non-interest-bearing

beginning of year $1,963,055 · end of year $850

2 · Savings and temporary cash investments

beginning of year $2,106,369 · end of year $1,236,943

3 · Pledges and grants receivable

beginning of year $137,737 · end of year $122,290

4 · Accounts receivable

beginning of year $30,547 · end of year $138,552

8 · Inventories for sale or use

beginning of year $88,067 · end of year $128,433

9 · Prepaid expenses and deferred charges

beginning of year $84,079 · end of year $76,912

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

$4,931,247

10b · Land, buildings and equipment: accumulated depreciation

$2,506,399

10c · Land, buildings and equipment, net

beginning of year $2,390,669 · end of year $2,424,848

11 · Investments: publicly traded securities

beginning of year $3,042,997 · end of year $7,438,841

15 · Other assets

beginning of year $79,592 · end of year $86,943

17 · Accounts payable and accrued expenses

beginning of year $785,096 · end of year $985,555

18 · Grants payable

beginning of year $300,000 · end of year $300,000

19 · Deferred revenue

beginning of year $144,677 · end of year $50,129

27 · Net assets without donor restrictions

beginning of year $8,192,066 · end of year $9,835,676

28 · Net assets with donor restrictions

beginning of year $501,273 · end of year $483,252