San Angelo Stock Show & Rodeo Foundation

Organization Overview

San Angelo Stock Show & Rodeo Foundation is located in San Angelo, TX. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Angelo Stock Show & Rodeo 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 12/2021, San Angelo Stock Show & Rodeo Foundation generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.0% each year . All expenses for the organization totaled $118.9k during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE SAN ANGELO STOCK SHOW AND RODEO ASSOCIATION IN CARRYING OUT ITS EXEMPT PURPOSE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT THE STOCK SHOW & RODEO ASSOCIATION'S OPERATIONS AND SCHOLARSHIP FUNDS


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Board, Officers & Key Employees

Name (title)Compensation
Justin Jonas
Executive Direc
$23,100
James Sanderson
President
$0
Brad Fly
Treasurer
$0
Larry Garvin
Vice President
$0
Chris Dublin
Secretary
$0
Pierce Miller
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,999,920
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,999,920
Total Program Service Revenue$0
Investment income $279,464
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $521,519
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,827,903

Grants Recieved

Over the last fiscal year, we have identified 2 grants that San Angelo Stock Show & Rodeo Foundation has recieved totaling $2,025,000.

Awarding OrganizationAmount
Kickapoo Springs Foundation

Abilene, TX

PURPOSE: COLISEUM RENOVATION

$2,000,000
San Angelo Health Foundation

San Angelo, TX

PURPOSE: PURCHASE LIVESTOCK PENS, COVID

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,486,719
Earnings$1,062,341
Net Contributions$27,000
Other Expense$558,998
Ending Balance$7,017,062

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