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Event Facilities Fort Worth Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260011624 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is Event Facilities Fort Worth Inc?

Event Facilities Fort Worth Inc is a nonprofit organization situated in Fort Worth, Texas. Its primary mission is to support the Southwestern Exposition and Livestock Show, an annual event that promotes agricultural sciences to approximately one million people. The organization achieves this by maintaining and improving its real assets and making them available to the Southwestern Exposition and Livestock Show. In the past, Event Facilities Fort Worth Inc also assisted with the establishment of a new arena for the city of Fort Worth, which hosts the annual event. Upon completion, the organization gifted the arena to the city, furthering its commitment to promoting agricultural sciences in the community. The organization continues to support the activities of the Southwestern Exposition and Livestock Show and may also contribute to future development projects in the same field.

Is Event Facilities Fort Worth Inc legitimate?

Event Facilities Fort Worth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Event Facilities Fort Worth Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Event Facilities Fort Worth Inc?

Event Facilities Fort Worth Inc's mission is centered around supporting the activities of the Southwestern Exposition and Livestock Show, an educational and scientific organization. The organization aims to promote agricultural sciences to the approximately one million people who attend this event annually. In addition, Event Facilities Fort Worth Inc played a crucial role in the establishment of a new arena for the city, made a gift deed to the city, and transferred the arena project upon its completion. The organization continues to support the activities of the annual livestock show by maintaining its real assets and making them available. Furthermore, Event Facilities Fort Worth Inc is involved in future development projects to further promote agricultural sciences to those attending the livestock show.

What is the revenue of Event Facilities Fort Worth Inc?

Event Facilities Fort Worth Inc's revenue in 2024 was $9,477,598.

Who are the executives of Event Facilities Fort Worth Inc and what are their salaries?

Here are 6 key members and their salaries:


Bradford S Barnes (Director)
  • Compensation: $0
  • Related: $638,187
  • Other: $158,320
Edward P Bass (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Kelly Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew R Carter (President)
  • Compensation: $0
  • Related: $386,073
  • Other: $41,487
Kimberly Dewoody (Treasurer)
  • Compensation: $0
  • Related: $253,690
  • Other: $26,977
Dana Stayton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Event Facilities Fort Worth Inc?

Event Facilities Fort Worth Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Event Facilities Fort Worth Inc

Event Facilities Fort Worth Inc is an organization with a mission to support the activities of the Southwestern Exposition and Livestock Show, an educational and scientific institution. Their primary purpose is to promote agricultural sciences to the approximately one million people who attend this annual event. To achieve this, they have assisted in the establishment of a new arena in the city, which serves as the venue for the Stock Show. Upon completion of the arena project, Event Facilities Fort Worth Inc transferred the facility to the city, continuing to support the Stock Show by maintaining its real assets and making them available for the event's use. Furthermore, the organization is committed to assisting in future development projects to further promote agricultural sciences to those attending the Stock Show.

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Impact




October, 2024

Event Facilities Fort Worth Inc significantly impacts the community by providing essential support for the Southwestern Exposition and Livestock Show, an event that promotes agricultural sciences to approximately 1 million attendees each year. This organization ensures that the facilities used for the show are well-maintained and continually improved, enhancing the overall experience for participants and visitors.

The organization's efforts extend to the establishment of new venues, such as the recently completed arena adjacent to the Will Rogers Memorial Center. By executing a gift deed to the City of Fort Worth for this arena, Event Facilities Fort Worth Inc solidifies its commitment to fostering agricultural education and community engagement. Future development projects are also on the horizon, aiming to promote agricultural sciences further and ensure that the legacy of the Stock Show continues to thrive.

Through its initiatives, Event Facilities Fort Worth Inc not only supports the livestock show but also plays a vital role in youth development, fostering an appreciation for agricultural practices among young attendees. Overall, the impact of this organization is profound, promoting education, enhancing local culture, and contributing to the regional economy.




This information is meant to be a general summary of Event Facilities Fort Worth Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$9,477,598 (2024)
Expenses
$4,283,021 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $153,573
  • Gross Receipts: $15,253,510

Assets and Liabilities:

  • Total Assets: $52,225,892
  • Total Liabilities: $94,107,094
  • Net Assets: -$41,881,202

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Organization Details

Founding Year

2001

Principal Officer

Matthew R Carter

NTEE Category

Code: O52 - Youth development

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