Stockyard Saloon Foundation is located in Bellaire, TX. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stockyard Saloon Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Stockyard Saloon Foundation generated $172.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $148.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HOSTING AN ANNUAL TENT EVENT AND ENCOURAGING ATTENDEES TO SUPPORT THE AGRICULTURAL EDUCATION OF TEXAS YOUNG FARMERS BY PARTICIPATING IN THE HLSR STEER AUCTION TO RAISE SCHOLARSHIP FUNDS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryon Monk President/chairman | OfficerTrustee | 2.5 | $0 |
Julia Kennedy Secretary | OfficerTrustee | 1.75 | $0 |
Roger Caddell Treasure | OfficerTrustee | 1.75 | $0 |
Alan Bern Member | Trustee | 0.5 | $0 |
Sean Lehane Member | Trustee | 0.5 | $0 |
Matthew Todd Member | Trustee | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,615 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $44 |
| Total Revenue | $172,659 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $40,894 |
| Printing, publications, postage, and shipping | $2,453 |
| Other expenses | $105,517 |
| Total expenses | $148,864 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,792 |
| Other assets | $0 |
| Total assets | $41,792 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,792 |
Over the last fiscal year, Stockyard Saloon Foundation has awarded $2,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HOUSTON FOOD BANK PURPOSE: 535 Portwall St | $2,500 |
HOUSTON LIVESTOCK SHOW AND RODEO PURPOSE: 3 NRG Park | $0 |