National Little Britches Rodeo

Analysis

National Little Britches Rodeo is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in December 1973, 53 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2023, National Little Britches Rodeo reported income of $2.9m and spending of $2.7m, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.2m to $2.9m (+31%), an average of +7.0% a year. The sharpest change came in the year to August 2021, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Little Britches Rodeo sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Kenyon Review ($2.9m), Door County Maritime Museum & Lighthouse Preservation Society in ($2.9m) and San Diego Museum of Man ($2.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $99k (3.7% of expenses). Other salaries and wages came to $70k. At year end it held assets of $3.1m against liabilities of $900k, net assets of $2.2m. It reported 4 employees.