Cheyenne Frontier Days Inc
- Assets
- $31.0m
- Revenue
- $28.4m
- Investments
- $0.0
- Employees
- 211
- Location
- Cheyenne, WY
- Founding
- 12/1991
- Data as of
- 12/2021
- EIN
- 83-0297781
Organization Overview
Cheyenne Frontier Days Inc is located in Cheyenne, WY. The organization was established in 1991. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Cheyenne Frontier Days Inc employed 211 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cheyenne Frontier Days Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Cheyenne Frontier Days Inc generated $28.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $18.1m during the year ending 12/2021. While expenses have increased by 4.5% 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.
Since 2018, Cheyenne Frontier Days Inc has awarded 14 individual grants totaling $397,936. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WHILE PRESERVING MORE THAN A CENTURY OF WESTERN HERITAGE, CHEYENNE FRONTIER DAYS WILL STRIVE TO CONTINUALLY EXPLORE AND IMPLEMENT NEW ENDEAVORS THAT PROVIDE AN UNFORGETTABLE AND UNIQUE EXPERIENCE TO ITS GUESTS. CHEYENNE FRONTIER DAYS, "THE DADDY OF 'EM ALL", IS THE PREMIER WESTERN CELEBRATION IN THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THIS CORPORATION IS TO PLAN, PRODUCE, PROMOTE AND MANAGE A WESTERN CELEBRATION KNOWN AS "CHEYENNE FRONTIER DAYS." ITS OBJECTIVES ARE TO ENHANCE THE ECONOMY AND BUSINESS CLIMATE OF THE CHEYENNE AREA, TO PROMOTE AND ENCOURAGE PRIDE IN THE CHEYENNE AREA AND ITS PEOPLE, TO PRESERVE AND ENHANCE THE CULTURE, HERITAGE AND TRADITIONS OF THE CHEYENNE AREA AND ITS PEOPLE. THIS INCLUDES ACTIVITIES SUCH AS RODEOS, NIGHT ARENA SHOWS, PARADES, A FREE PANCAKE BREAKFAST, A CARNIVAL, MIDWAY ENTERTAINMENT AND EXHIBIT AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Hirsig Chief Executive Officer | Officer | 40 | $275,167 |
Jim Wilkinson Employee | 40 | $157,058 | |
Jeannie Gebhart Chief Financial Officer | Officer | 40 | $107,542 |
Hans Ritschard Vice Chairman | OfficerTrustee | 2 | $0 |
Jimmy Dean Siler General Chairman | OfficerTrustee | 2 | $0 |
Todd Bishop Chairman | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Romeo Entertainment Group Night Show Entertainment Contract | 12/30/21 | $6,263,893 |
Reiman Corp Construction Services | 12/30/21 | $291,447 |
Pbr Pbr Contract | 12/30/21 | $539,414 |
Smith Prorodeo Roughstock Contract | 12/30/21 | $307,245 |
Ingressotek Security Weapons Detector Contract | 12/30/21 | $243,998 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,097,174 |
| All other contributions, gifts, grants, and similar amounts not included above | $230,916 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,328,090 |
| Total Program Service Revenue | $22,523,820 |
| Investment income | $184,320 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $139,677 |
| Net Gain/Loss on Asset Sales | -$21,005 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,437,784 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $148,247 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $275,167 |
| Compensation of current officers, directors, key employees. | $137,584 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,035,259 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $52,252 |
| Fees for services: Other | $7,914,790 |
| Advertising and promotion | $608,200 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $683,284 |
| Travel | $78,705 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $147,794 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $968,223 |
| Insurance | $0 |
| All other expenses | $1,328,566 |
| Total functional expenses | $18,068,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,385,776 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $71,620 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $415,184 |
| Prepaid expenses and deferred charges | $166,575 |
| Net Land, buildings, and equipment | $13,305,158 |
| Investments—publicly traded securities | $11,245,046 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $266,549 |
| Other assets | $160,659 |
| Total assets | $31,016,567 |
| Accounts payable and accrued expenses | $320,480 |
| Grants payable | $0 |
| Deferred revenue | $801,775 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,343,827 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,999 |
| Total liabilities | $4,472,081 |
| Net assets without donor restrictions | $26,544,486 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $31,016,567 |
Grants Awarded
Over the last fiscal year, Cheyenne Frontier Days Inc has awarded $118,031 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Cheyenne, WY PURPOSE: CONTRIBUTION | $52,031 |
Denver, CO PURPOSE: CONTRIBUTION | $50,000 |
Laramie, WY PURPOSE: CONTRIBUTION | $16,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cheyenne Frontier Days Inc has recieved totaling $18,300.
| Awarding Organization | Amount |
|---|---|
Childrens Hospital Colorado Aurora, CO PURPOSE: General Program Support | $18,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cheyenne Frontier Days Inc Cheyenne, WY | $31,016,567 | $28,437,784 |
Americas Freedom Festival Inc Provo, UT | $1,409,210 | $3,032,009 |
Nebraskaland Days Inc North Platte, NE | $2,435,782 | $2,580,037 |
Jackson Wild Jackson, WY | $581,142 | $871,888 |
Hall County Hero Flight Association Grand Island, NE | $249,554 | $677,110 |
Golden Spike Foundation Salt Lake City, UT | $329,565 | $747,055 |
Downtown Omaha Inc Foundation Omaha, NE | $191,692 | $408,033 |
Missoula Ravalli Transportation Management Asssociation Inc Missoula, MT | $649,391 | $323,042 |
Laramie Jubilee Days Inc Laramie, WY | $270,974 | $431,314 |
Days Of 47 Inc Salt Lake City, UT | $571,933 | $269,140 |
Deadwood Alive Inc Deadwood, SD | $182,421 | $262,188 |
The Honor Network North Platte, NE | $23,547 | $238,107 |