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Southwestern Exposition and Livestock Show

Also known as Fort Worth Stock Show & Rodeo

Fort Worth, TX · EIN 75-0575065 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending March 31, 2026 (tax year 2025) · View the filing · Correct or respond

Southwestern Exposition and Livestock Show reported $35.0 million in revenue and $32.0 million in expenses for the fiscal year ending March 31, 2026. Of every $100 it spent, $92.96 went to program services, $7.04 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 68.5% of the total. The highest compensation it reported for one person was $511,578 (PRESIDENT/GENERAL MANAGER). 12 people received more than $100,000 in reportable compensation. Revenue rose 12% between FY2020 and FY2026. Source: Form 990, FY2026.

Where $100 of spending went

The fiscal year ending March 31, 2026 · Form 990, Part IX, line 25 · total expenses $32M

For context, the median across 349 covered food, agriculture & nutrition charities: $94.56 programs, $3.12 management, $2.32 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending March 31, 2026 · Form 990, Part VIII · total revenue $35M

The 990 scorecard · same measures for every charity, no grades

FY2026 filing. Median across 349 covered charities in this category, from their latest filings.
MeasureFY2026Median
Program services
Part IX 25(B) ÷ 25(A)
93.0%94.2%
Management & general
Part IX 25(C) ÷ 25(A)
7.0%3.1%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%2.3%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
23.0%96.4%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%10.5%
Program service revenue share
Part VIII 2g ÷ 12
68.5%1.3%
Highest reported compensation
Part VII-A, columns D–F
$511,578$213,323
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.60%0.61%
People paid over $100,000
Part VII, line 2
123
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.16.6
Independent voting board members
Part VI 1a–1b
139 of 149100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2026 · Form 990, Part III · the three largest programs by expense
$27M expenses · 91.0% of program spending · grants $290K · revenue $24M

For purposes of stimulating interest and participation in the production, care and welfare of livestock the corporation facilitates various exhibitions and competitions featuring said animals. Livestock raised for food production are evaluated on their genetic and phenotypic potential to produce affordable, nutritious and safe meat protein and dairy products. Equine competitions test the skills of equine and equestrian partners in performance competitions while other contests evaluate equine peers based on age, sex and breed for desirable characteristics related to physical conformation.…

$1.7M expenses · 5.8% of program spending · grants $1.7M

The corporation collaborates with the city of fort worth, texas to maintain and enhance the city-owned will rogers memorial center (wrmc). The corporation leases wrmc for purposes hosting the livestock exhibition and other various events and competitions held during the annual fort worth stock show & rodeo. To maintain wrmc's long-term viability, the organization provides both financial and project management support for various renovations and expansions. In line with the corporation's mission, such support ensures wrmc remains a world-class facility for not only the fort worth stock show &…

$936K expenses · 3.1% of program spending · grants $936K

As the population becomes more urban, the organization's agricultural education mission becomes increasingly important. Fort worth stock show & rodeo partners are exposed to various events, activities and exhibits that enlighten them on the important role the agriculture industry serves in meeting the nutritional needs of the nation's growing population. Further, providing opportunities for youth to explore and discover potential career opportunities in agriculture is primary objective to which the organization devotes significant effort and resources. In addition to youth livestock…

Highest reported compensation

FY2026 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/GENERAL MANAGER
Director/trustee, officer, 40.00 hrs/week
$489,390$0$22,188$511,578
PRESIDENT EMERITUS - PARTIAL YEAR
Director/trustee, officer, 40.00 hrs/week
$396,667$0$19,764$416,431
FINANCE DIRECTOR - PARTIAL YEAR
Key employee, 40.00 hrs/week
$248,420$0$16,428$264,848
DEPARTMENT MANAGER
Key employee, 40.00 hrs/week
$185,970$0$16,625$202,595
DEPARTMENT MANAGER
Key employee, 40.00 hrs/week
$163,704$0$16,585$180,289
DEPARTMENT MANAGER
Key employee, 40.00 hrs/week
$161,420$0$16,527$177,947
DEPARTMENT MANAGER
Key employee, 40.00 hrs/week
$156,678$0$16,580$173,258
DEPARTMENT MANAGER
Highest compensated employee, 40.00 hrs/week
$149,528$0$16,445$165,973

12 people received more than $100,000 in reportable compensation from Southwestern Exposition and Livestock Show (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.7M (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025FY2026$35M$32M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2026 ⓘ$35M$32M93.0%$32M$511,578
FY2025 ⓘ$34M$49M95.6%$28M$712,254
FY2024 ⓘ$30M$28M92.5%$41M$796,507
FY2023 ⓘ$30M$26M92.6%$32M$752,919
FY2022 ⓘ$26M$23M92.8%$31M$508,403
FY2021 ⓘ$4.4M$6.6M73.5%$25M$716,332
FY2020 ⓘ$31M$29M94.0%$16M$703,953

Governance answers, as filed

FY2026 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b149 · 139 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5792
  • Volunteers Part I, line 61,800

Largest outside contractors

FY2026 · Form 990, Part VII, Section B · businesses only
WASTE CONNECTIONS LONE STAR INC
Trash disposal and haul off services
$262,125
LONE STAR ELECTRIC
Electrical contractor
$256,733
WESTSIDER MEDIA
Public relations
$220,115
REAL SCREEN VIDEO
Public relations
$146,000
PACESETTER PERSONNEL SERVICE
Temporary personnel
$142,379

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Private foundation grants it received

6 private foundations reported grants to Southwestern Exposition and Livestock Show totaling $49,850 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Southwestern Exposition and Livestock Show's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Southwestern Exposition and Livestock Show, you can publish a response that is linked from this page.

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Questions people ask

How much of Southwestern Exposition and Livestock Show's spending goes to programs?

In the fiscal year ending March 31, 2026, Southwestern Exposition and Livestock Show reported that 93.0% of its $32.0 million in expenses went to program services, 7.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Southwestern Exposition and Livestock Show pay its top executive?

The largest total compensation Southwestern Exposition and Livestock Show reported for one person in the fiscal year ending March 31, 2026 was $511,578, for the role of PRESIDENT/GENERAL MANAGER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Southwestern Exposition and Livestock Show get its money?

Of $35.0 million in revenue in the fiscal year ending March 31, 2026, 23.0% came from contributions and grants and 68.5% from program service revenue (Form 990, Part VIII).

Is Southwestern Exposition and Livestock Show a registered charity?

The IRS lists EIN 75-0575065 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2026: Form 990 for the fiscal year ending March 31, 2026, object 202612259349301701 · read the filing
  • FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202523529349300037 · read the filing
  • FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202442329349301089 · read the filing
  • FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202342269349302654 · read the filing
  • FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202222219349300902 · read the filing
  • FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202132289349303453 · read the filing
  • FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202022269349302347 · read the filing

All filings for EIN 75-0575065: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.