SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW Charity Report

Public IRS 990 nonprofit record

SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW

EIN 75-0575065 · Food, Agriculture & Nutrition (K260)

What they do

SEE SCHEDULE O.THE CORPORATION is ORGANIZED and is to BE OPERATED EXCLUSIVELY for CHARITABLE, SCIENTIFIC and EDUCATIONAL PURPOSES. THE CORPORATION is ORGANIZED to HOLD AGRICULTURAL FAIRS and ENCOURAGE AGRICULTURAL PURSUITS. PARTICULARLY, THE CORPORATION is ORGANIZED and OPERATED to ENCOURAGE and PROMOTE THE BREEDING, RAISING and MARKETING of BETTER CATTLE, SWINE, SHEEP, HORSES, MULES, POULTRY and OTHER LIVESTOCK and FARM PRODUCTS BY THE EXHIBITION of SAID STOCK and FARM PRODUCTS AT PUBLIC FAIRS, and MAY PROMOTE and MAINTAIN RESEARCH and EDUCATIONAL ENDEAVORS IN CONNECTION WITH THE LIVESTOCK INDUSTRY. THE CORPORATION is ADDITIONALLY FORMED to ENCOURAGE, INSTRUCT, and PROMOTE THE EDUCATION of YOUTHS IN FORT WORTH, TARRANT COUNTY, TEXAS, and ITS SURROUNDING AREAS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders100 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

136.69%of revenue went to mission work95.6% of expenses · Program services

$138.81spent for every $100 of revenueSpending was higher than revenue this year.

6.28%of revenue went to management and office costs4.4% of expenses

$1.29in assets for every $1 spent this yearSome assets cannot be spent right away.

21.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $13,576,914 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $712,254 for BRADFORD S BARNES (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$33,962,621

Mission workProgram services$46,423,227136.69% of revenue95.6% of expenses

ManagementOffice and general costs$2,133,8156.28% of revenue4.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$48,557,042142.97% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 95.6% mission · 4.4% management · 0.0% fundraisingTotal expenses: 142.97% of revenue

2023Expense mix: 92.5% mission · 7.5% management · 0.0% fundraisingTotal expenses: 93.10% of revenue

2022Expense mix: 92.6% mission · 7.4% management · 0.0% fundraisingTotal expenses: 89.45% of revenue

2021Expense mix: 92.8% mission · 7.2% management · 0.0% fundraisingTotal expenses: 88.42% of revenue

2020Expense mix: 73.5% mission · 26.5% management · 0.0% fundraisingTotal expenses: 150.23% of revenue

2019Expense mix: 94.0% mission · 6.0% management · 0.0% fundraisingTotal expenses: 94.26% of revenue

2018Expense mix: 92.1% mission · 7.9% management · 0.0% fundraisingTotal expenses: 92.12% of revenue

2017Expense mix: 97.4% mission · 2.6% management · 0.0% fundraisingTotal expenses: 133.18% of revenue

Money in and money out

Revenue$34,980,128

Expenses$48,557,042

Annual shortfall $13,576,914 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$46,423,227 · 95.6% of expenses

Management and office costs$2,133,815 · 4.4% of expenses

See all reported dollar amounts

Revenue$34,980,128

Expenses$48,557,042

Assets$62,786,589

Income$37,879,506

Contributions$7,548,099

Mission work (program services)$46,423,227

Grants given$2,530,342

Average grant$26,919

Management and general$2,133,815

Stocks and bonds$48,110,348

Accounting fees$84,387

Investing fees$223,657

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BRADFORD S BARNESPRESIDENT · 40 hrs/week $712,254Base $678,982 · Other $33,272

MATTHEW CARTERSENIOR EXECUTIVE VICE PRESIDENT/GENERAL MANAGER · 40 hrs/week $448,055Base $425,309 · Other $22,746

KIMBERLY DEWOODYFINANCE DIRECTOR · 40 hrs/week $280,645Base $265,267 · Other $15,378

BRUCE MCCARTYEXECUTIVE VICE PRESIDENT · 40 hrs/week $267,944Base $251,822 · Other $16,122

LAUREN MURRAYDEPARTMENT MANAGER · 40 hrs/week $175,250Base $159,917 · Other $15,333

STEFAN MARCHMANDEPARTMENT MANAGER · 40 hrs/week $165,056Base $153,672 · Other $11,384

DAVID BROCKMANDEPARTMENT MANAGER · 40 hrs/week $164,766Base $149,467 · Other $15,299

JESSICA BIRGEDEPARTMENT MANAGER · 40 hrs/week $161,720Base $146,355 · Other $15,365

DOUGLAS WHITEDEPARTMENT MANAGER · 40 hrs/week $160,669Base $145,390 · Other $15,279

KAREN MAYNARDACCOUNTING ASSISTANT · 40 hrs/week $132,881Base $117,787 · Other $15,094

APRIL JORDANSENIOR ACCOUNTANT · 40 hrs/week $116,588Base $115,500 · Other $1,088

STORMY MULLINSDIRECTOR $6,469

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (100)

BRADFORD S BARNESPRESIDENT

MATTHEW CARTERSENIOR EXECUTIVE VICE PRESIDENT/GENERAL MANAGER

KIMBERLY DEWOODYFINANCE DIRECTOR

BRUCE MCCARTYEXECUTIVE VICE PRESIDENT

LAUREN MURRAYDEPARTMENT MANAGER

STEFAN MARCHMANDEPARTMENT MANAGER

DAVID BROCKMANDEPARTMENT MANAGER

JESSICA BIRGEDEPARTMENT MANAGER

DOUGLAS WHITEDEPARTMENT MANAGER

KAREN MAYNARDACCOUNTING ASSISTANT

APRIL JORDANSENIOR ACCOUNTANT

STORMY MULLINSDIRECTOR

DARREN HENKENDIRECTOR

DANNIE J BRUCE JRDIRECTOR

ROBERT HERODDIRECTOR

MAT GALLITONDIRECTOR

GARY ROSENBUSCHDIRECTOR

KENT LYNCHDIRECTOR

ALLEN CRUMLEYDIRECTOR

CHARLIE ROYER IIIDIRECTOR

GILBERT GAMEZ IIIDIRECTOR

KACEY CORNELIUSDIRECTOR

MARTIN RICHTERDIRECTOR

PAXTON MOTHERALDIRECTOR

SHERMAN JONESDIRECTOR

THEO THOMPSONDIRECTOR

TRENT PRIMDIRECTOR

KELLY LYNCHDIRECTOR

PAM MINICKDIRECTOR

MARY BETH MILLETTDIRECTOR

VON R BOXDIRECTOR

PAT HAMILTONDIRECTOR

BAILEY MCGUIREDIRECTOR

CAROL FAULKENBERRYDIRECTOR

CHRIS HARRISONDIRECTOR

GAVIN MASSINGILLDIRECTOR

JOHN L LEWISDIRECTOR

PHILIP L SCHUTTSDIRECTOR

RANDY UPSHAWDIRECTOR

BRANDON WOODWARDDIRECTOR

EDDIE SANDOVAL IIIDIRECTOR

JOE BRHLIKDIRECTOR

MICHAEL B HARRISONDIRECTOR

MICHAEL D WARNERDIRECTOR

MIKE SANDSDIRECTOR

TODD TIPPETTDIRECTOR

WARREN E MAYBERRYDIRECTOR

ROLAND K JOHNSONDIRECTOR

CB TEAM IVDIRECTOR

JOHN MENZIESDIRECTOR

MARK LANSFORDDIRECTOR

R MIKE LANSFORDDIRECTOR

F D QUINN IIIDIRECTOR

KELLY RILEYDIRECTOR

WILSON MARTINDIRECTOR

JULIE PORTER MAYFIELDDIRECTOR

BRYAN LILESDIRECTOR

DEMAR SCIUTODIRECTOR

JAY EWINGDIRECTOR

TED FORDDIRECTOR

RAYMOND P LOPEZDIRECTOR

MORRIS L SHEATS IIDIRECTOR

ADAM J WALDECKDIRECTOR

BECKY RENFRO BORBOLLADIRECTOR

BILL MOBLYDIRECTOR

BILL POTEET IIIDIRECTOR

BRAD WHARTONDIRECTOR

BRECK RAYDIRECTOR

BRIAN E LUIGDIRECTOR

CAREY W WILLIAMSDIRECTOR

CHARLIE GERENVICE PRESIDENT

CHRIS FARLEYDIRECTOR

CHRIS QUINNDIRECTOR

CLAY GILMERDIRECTOR

CLAYTON E MELTONDIRECTOR

CRAWFORD EDWARDSDIRECTOR

DAVE APPLETONDIRECTOR

DAVID GALLAGHERDIRECTOR

DAVID MCDAVIDDIRECTOR

DEBRA JOHNSON HEADDIRECTOR

DEE KELLY JRDIRECTOR

DOUG CASSIDYDIRECTOR

EDWARD P BASSCHAIRMAN EMERITUS

ELAINE B AGATHERSECRETARY

FLN NEVEDIRECTOR

G MARTIN PHILLIPSDIRECTOR

GARY GRIFFINDIRECTOR

GEORGE M YOUNG JRDIRECTOR

GERALD H PERRYDIRECTOR

GLENN BECKDIRECTOR

GORDON H ROBERTSDIRECTOR

GREG MORSEDIRECTOR

HAL RAYDIRECTOR

HOWARD PENADIRECTOR

HUNTER JOHNSONDIRECTOR

J BRYAN KINGDIRECTOR

J C PACE IIIDIRECTOR

J D JOHNSONDIRECTOR

J R WILLIAMS IIIDIRECTOR

J T AUGHINBAUGHDIRECTOR

About this charity

Recognized since: January 1916
Location: PO BOX 150, FORT WORTH, TX 76101-0150
County: Tarrant
In care of: MATTHEW R CARTER
Primary officer: MATTHEW R CARTER, PRESIDENT/GENERAL MANAGER

How to reach them

WebsiteVisit the charity’s website Phone(817) 877-2400

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: WHITLEY PENN LLP
NTEE classification: Food, Agriculture & Nutrition (K260)
Grant-giving organization: Yes