Skip to content
Nonprofiteer
← COLORADO SPRINGS RODEO ASSOCIATION

Form 990 for tax year 2024

Filed by COLORADO SPRINGS RODEO ASSOCIATION.

What the amendment changed

Compared with the return it replaced , filed 3 October 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Listed under a different title

  • Rick Powell: TREASURER then TREASURER THRU 7/25
  • Scott Stuart: DIRECTOR then DIRECTOR & TREASURER AS OF 7/25

Totals

Total revenue
$2,581,988
Total expenses
$2,585,844
Contributions and grants received
$595,000
Grants paid
$1,098,000
Program service revenue
$1,985,877
Investment income
$778
Other revenue
$333
Total assets, end of year
$42,972
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$42,972
Program services expenses (Part IX)
$2,573,815
Management and general expenses
$12,029
Fundraising expenses
$0
Program service expenses (Part III)
$2,573,815

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.

  • 1e · Government grants (contributions)

    $125,000

  • 1f · All other contributions, gifts and grants

    $470,000

  • 2a · Program service revenue: PIKES PEAK OR BUST ROD

    total $1,985,877 · related or exempt $1,985,877

  • 3 · Investment income

    total $778 · excluded $778

  • 10a · Gross sales of inventory

    $8,592

  • 10b · Cost of goods sold

    $10,554

  • 10c · Net income from sales of inventory

    total -$1,962 · related or exempt -$1,962

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $2,295 · excluded $2,295

  • 11e · Other revenue, total

    $2,295

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $98,000 · program services $98,000

  • 2 · Grants to domestic individuals

    total $1,000,000 · program services $1,000,000

  • 11g · Fees: other

    total $215,963 · program services $215,963

  • 12 · Advertising and promotion

    total $341,632 · program services $341,632

  • 13 · Office expenses

    total $27,077 · program services $22,187 · management and general $4,890

  • 16 · Occupancy

    total $284,758 · program services $284,758

  • 17 · Travel

    total $51,533 · program services $51,533

  • 19 · Conferences, conventions and meetings

    total $6,155 · management and general $6,155

  • 23 · Insurance

    total $16,391 · program services $15,407 · management and general $984

  • 24a · Other expenses: RODEO EXPENSES

    total $378,557 · program services $378,557

  • 24b · Other expenses: FOOD & HOSPITALITY

    total $165,778 · program services $165,778

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,085 · end of year $17,609

  • 2 · Savings and temporary cash investments

    beginning of year $36,049 · end of year $25,363

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,694

  • 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 $46,828 · end of year $42,972

Mission and programs · 2024

Mission

PROTECT AND MAINTAIN THE HERITAGE AND TRADITION OF RODEO AND WESTERN WAY OF LIFE.

  • THE PIKES PEAK OR BUST RODEO IS THE SECOND OLDEST EVENT IN OUR COMMUNITY AND WAS STARTED IN 1937. IN 2022 THE RODEO HOSTED THE FIRST PRESTIGIOUS NFR OPEN. THIS ANNUAL EVENT IS HELD IN JULY AND FEATURES CONTESTANTS FROM EACH OF THE 12 U.S. AND CANADIAN CIRCUITS, PLUS MEXICAN NATIONAL CHAMPIONS, BRINGING MORE THAN 200 CONTESTANTS TO THE NORRIS PENROSE EVENT CENTER. THE RODEO HOSTS OVER 49.1K VISITORS, WITH 30% FROM OUTSIDE THE AREA AND 70% WHO ARE LOCAL. THE NFR OPEN AT THE PIKES PEAK OR BUST RODEO IS IN THE TOP 97% NATIONWIDE AS AN ATTRACTION AND IN THE TOP 96% IN THE STATE OF COLORADO.CONTINUED ON SCHEDULE OTHE RODEO FAN ZONE IS PACKED WITH ACTIVITIES FOR ALL AGES, INCLUDING PONY RIDES, A PETTING ZOO, FACE PAINTING, GOAT ROPING, MUTTON BUSTIN', OLD WEST GUNFIGHTERS, AND A BEER & WINE CORRAL. VENDOR BOOTHS OFFER A WIDE ARRAY OF UNIQUE GOODS FROM HATS AND AUTHENTIC WESTERN WEAR TO TOYS AND SOUVENIRS, WITH CONCESSIONS PROVIDING PLENTY OF OPTIONS FOR MEALS, SNACKS, AND DRINKS. THE RODEO ALSO FEATURES THE GIRL OF THE WEST, A RODEO AMBASSADOR, WHO HELPS PROMOTE "THE WESTERN WAY OF LIFE AND THE WESTERN-TYPE AMERICAN GIRL" AT OUR RODEO AND OTHER EVENTS.THE RODEO IS LED BY AN ALL-VOLUNTEER BOARD OF DIRECTORS AND IS SUPPORTED BY OVER 495 VOLUNTEERS WHO ALL DEDICATE AN IMPRESSIVE AMOUNT OF TIME AND ENERGY TO MAKE THIS EVENT SUCCESSFUL EACH YEAR. THIS EVENT IS ABOUT HISTORY, ABOUT THE FUTURE OF THE FAST-GROWING SPORT OF PROFESSIONAL RODEO, AND ABOUT SHOWING APPRECIATION TO THOSE SERVICE MEN AND WOMEN WHO PROTECT OUR NATION. THE PIKES PEAK OR BUST RODEO HAS BEEN GIVING BACK TO OUR LOCAL MILITARY AND THEIR FAMILIES SINCE 1946, DONATING OVER $1 MILLION OVER THE PAST DECADE. THE SUPPORT INCLUDES CONTRIBUTIONS TO A WIDE VARIETY OF PROGRAMS SUCH AS FOOD BASKETS AT THE HOLIDAYS, EMERGENCY TRAVEL AND SHELTER RESOURCES, PROGRAMS FOR FAMILIES OF DEPLOYED SERVICE MEMBERS, AND TICKETS TO ATTEND THE RODEO.

    Expenses $2,573,815 · Grants $1,098,000 · Revenue $1,983,915

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kevin Kaveney

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Laurie Carroll

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Rick Powell

    TREASURER THRU 7/25

    Total calculated
    $0
    Hours/week
    1

  • Scott Stuart

    DIRECTOR & TREASURER AS OF 7/25

    Total calculated
    $0
    Hours/week
    1

  • Shaun Guilfoil

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Ron Fitch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Deanne Funkhouser

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Herman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Greg Howard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amy Ochs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nicole Schnapp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ken Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark Reyner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Whitney

    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

Provenance

Return type
form_990
Tax year
2024
Filed
10 July 2026
IRS schema version
2024v5.5
Source object
202621959349301822

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.