Overview
What is Houston Livestock Show And Rodeo Inc?
Houston Livestock Show and Rodeo Inc is a nonprofit organization that promotes agriculture and education through an annual family-friendly event in Houston, Texas. The organization hosts a significant attendance of 2,417,248 visitors every year, including during the World's Championship Bar-B-Que Contest, which draws a massive crowd in just three days. The mission of Houston Livestock Show and Rodeo extends beyond the annual event, offering year-round educational opportunities that support Texas youth and preserve Western heritage.
Official website here: www.hlsr.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
The Houston Livestock Show And Rodeo Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong financial health and accountability practices. The organization scored 96% in the Accountability & Finance category, indicating a solid commitment to transparency and ethical governance. This high score is attributed mainly to its comprehensive oversight mechanisms, including an independent board and transparent financial reporting.
The organization boasts a fully independent board, with 98% of its members being independent, and has established stringent policies concerning conflicts of interest and whistleblower protections. Additionally, it maintains a low liabilities to assets ratio at 27.10%, and a significant portion of its expenses, 79.42%, is allocated directly to its programs, showcasing its focus on mission-related activities.
While the data reflects strong operational practices, it's essential for stakeholders to regularly review updated information to ensure ongoing compliance with best practices in nonprofit accountability and transparency. Overall, the Houston Livestock Show and Rodeo Inc presents itself as a well-managed organization dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Houston Livestock Show And Rodeo Inc legitimate?
Houston Livestock Show And Rodeo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Livestock Show And Rodeo 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: $1,665,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,836,738
For more financial information, click here
Official website here: www.hlsr.com
What is the mission statement of Houston Livestock Show And Rodeo Inc?
Houston Livestock Show and Rodeo is committed to promoting agriculture through an annual event that combines education and entertainment for the public. The organization provides a family-friendly experience that showcases Western heritage and offers year-round educational opportunities. With a massive attendance of 2.4 million people during the Houston Livestock Show and Rodeo and the World's Championship Bar-B-Que Contest in 2022, the event attracts a large audience, making it an essential platform for agricultural awareness. By hosting such events, Houston Livestock Show and Rodeo fosters a deeper understanding of agriculture while supporting Texas youth.
Official website here: www.hlsr.com
Who is the CEO of Houston Livestock Show And Rodeo Inc?
Katie Grahmann is the Cfo (Through 11/2021) of Houston Livestock Show And Rodeo Inc.
Official website here: www.hlsr.com
What is the revenue of Houston Livestock Show And Rodeo Inc?
Houston Livestock Show And Rodeo Inc's revenue in 2022 was $189,558,497.
Official website here: www.hlsr.com
Who are the executives of Houston Livestock Show And Rodeo Inc and what are their salaries?
The average compensation at Houston Livestock Show And Rodeo Inc during 2022 was $35,260. There are 468 employees and 35000 volunteers at Houston Livestock Show And Rodeo Inc.
Here are 471 key members and their salaries:
- Compensation: $530,851
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- Other: $122,096
- Compensation: $404,703
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- Other: $33,042
- Compensation: $332,204
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- Compensation: $301,575
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- Other: $41,275
- Compensation: $293,876
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- Other: $40,595
- Compensation: $285,448
- Related: $0
- Other: $35,635
- Compensation: $272,089
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- Other: $40,975
- Compensation: $236,878
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- Other: $35,481
- Compensation: $201,859
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Official website here: www.hlsr.com
Where can I find the form 990 for Houston Livestock Show And Rodeo Inc?
Houston Livestock Show And Rodeo Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hlsr.com
Learn more at the official website: www.hlsr.com
Mission Statement of Houston Livestock Show And Rodeo Inc
Houston Livestock Show and Rodeo, a renowned organization, strives to foster an annual family-friendly event that celebrates agriculture, educates the public, and entertains with a Western heritage flair. This esteemed institution promotes agrarian values by hosting a significant experience that attracts vast crowds each year. With a commitment to Texas youth, Houston Livestock Show and Rodeo offers both education and enjoyment, catering to the interests of various generations.
The organization's annual event is marked by the World's Championship Bar-B-Que Contest, presented by Cotton Holdings. This three-day competition draws a massive audience, showcasing the art of barbequing and providing a platform for culinary enthusiasts to showcase their skills. Alongside this event, Houston Livestock Show and Rodeo offers an extensive attendance of 2,417,248 from February 24 to March 20, 2022. This impressive turnout highlights the organization's ability to attract a large and diverse crowd, making it a must-visit destination for many.
In addition to its annual event, Houston Livestock Show and Rodeo offers year-round educational opportunities. These initiatives help foster a deeper understanding of agriculture and its role in our daily lives. By combining education, entertainment, and a Western heritage focus, Houston Livestock Show and Rodeo continues to stand as a leading organization that celebrates the richness of agriculture and connects generations through shared experiences.
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Impact
October, 2024
The Houston Livestock Show and Rodeo has a significant impact on the community by promoting agriculture and Western heritage while providing a family-friendly environment that educates and entertains. The event fosters community engagement and supports Texas youth through various educational opportunities, emphasizing the importance of agriculture in daily life.
In 2022, the attendance for activities associated with the event reached an impressive 2,417,248 people, showcasing its ability to draw large crowds and engage the public. The World's Championship Bar-B-Que Contest alone attracted substantial audiences, highlighting the event's popularity and the community's interest in celebrating local traditions.
By hosting annual events and providing year-round educational programs, the organization plays a vital role in preserving Western heritage and creating a platform for families to come together. Its contributions to the local economy and the education of future generations further enhance its positive impact on Houston and beyond.
This information is meant to be a general summary of Houston Livestock Show And Rodeo 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,417,409
- Program Service Revenue: $128,422,830
- Gross Receipts: $192,084,437
Assets and Liabilities:
- Total Assets: $362,711,268
- Total Liabilities: $93,985,850
- Net Assets: $268,725,418
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RODEO SHOW RECEIPT
Revenue
$128,422,830
Organization Details
Founding Year
1932
Phone
(832) 667-1000Principal Officer
Katie Grahmann
Main Address
3 NRG PARK, HOUSTON, TX, 77054
Website
www.hlsr.comNTEE Category
Code: N520 - Recreation
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