Amarillo Tri-State Exposition

Analysis

Amarillo Tri-State Exposition is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Amarillo Tri-State Exposition reported income of $4.6m and spending of $3.5m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $4.6m (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 171%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Amarillo Tri-State Exposition sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Kenosha Young Mens Christian Association Inc ($4.6m), First Descents ($4.7m) and Iowa Girls High School Athletic Union ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $120k (3.4% of expenses). Other salaries and wages came to $658k. At year end it held assets of $6.3m against liabilities of $170k, net assets of $6.2m. It reported 14 employees.