Multipurpose Arena Fort Worth
Also known as Trail Drive Management Corp
Multipurpose Arena Fort Worth reported $94.8 million in revenue and $68.5 million in expenses for the fiscal year ending October 31, 2025. Of every $100 it spent, $95.08 went to program services, $4.92 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: 81.5% of the total. The highest compensation it reported for one person was $836,665 (PRESIDENT). 10 people received more than $100,000 in reportable compensation. Revenue rose 226% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending October 31, 2025 · Form 990, Part IX, line 25 · total expenses $68MFor context, the median across 237 covered recreation & sports charities: $88.05 programs, $10.89 management, $1.06 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending October 31, 2025 · Form 990, Part VIII · total revenue $95MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.9% | 10.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 1.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.05 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 15.7% | 25.2% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 81.5% | 61.0% |
| Highest reported compensation Part VII-A, columns D–F | $836,665 | $365,322 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.22% | 2.14% |
| People paid over $100,000 Part VII, line 2 | 10 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.8 | 14.9 |
| Independent voting board members Part VI 1a–1b | 8 of 8 | 100.0% |
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
FY2025 · Form 990, Part III · the three largest programs by expenseMultipurpose Arena Fort Worth is organized and operated for the purposes of lessening the burdens of the city of Fort Worth, texas, and encouraging agricultural pursuits, and to do so without undue financial costs or risks to the city and its residents. Specifically, the corporation leases, manages and operates the city owned Multipurpose Arena that opened in october 2019 adjacent to the will rogers memorial center of Fort Worth. In addition, the corporation may also manage, operate, and/or otherwise support the operation of other facilities adjacent to the Multipurpose Arena, including…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 70.00 hrs/week | $793,873 | $0 | $42,792 | $836,665 |
| VP AND CFO Key employee, 70.00 hrs/week | $344,296 | $0 | $23,879 | $368,175 |
| VP OF FOOD AND BEVERAGE Key employee, 70.00 hrs/week | $331,345 | $0 | $22,132 | $353,477 |
| VP OF OPERATIONS Key employee, 70.00 hrs/week | $315,652 | $0 | $26,851 | $342,503 |
| SR. DIRECTOR OF EVENTS Highest compensated employee, 70.00 hrs/week | $213,279 | $0 | $18,618 | $231,897 |
| DIRECTOR OF PREMIUM F&B OP Highest compensated employee, 70.00 hrs/week | $140,592 | $0 | $14,877 | $155,469 |
| DIRECTOR OF TECHNOLOGY Highest compensated employee, 70.00 hrs/week | $135,108 | $0 | $14,509 | $149,617 |
| DIRECTOR OF HUMAN RESOURCES AND PAYROLL - PY Highest compensated employee, 70.00 hrs/week | $125,732 | $0 | $17,591 | $143,323 |
10 people received more than $100,000 in reportable compensation from Multipurpose Arena Fort Worth (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · 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–1b8 · 8 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 2No
- 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 52,421
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| RHINO TEXAS LLC Stage hands | $3,535,282 |
| TARRANT CONSTRUCTION SERVICES LTD Construction | $2,961,838 |
| AHI FACILITY SERVICES INC Post event cleaning | $1,599,240 |
| INSTAWORK Staffing | $1,515,491 |
| ON POINT PERSONNEL LLC Staffing | $1,204,223 |
Individuals listed as contractors are left out. 27 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Multipurpose Arena Fort Worth totaling $1.7M 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 Multipurpose Arena Fort Worth's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Multipurpose Arena Fort Worth, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Multipurpose Arena Fort Worth spent in FY2025, $95.08 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Amery Regional Medical CenterMinneapolis, MN · revenue $88M · programs 88.0% · 2024
- PAC-12 ConferenceSan Ramon, CA · revenue $112M · programs 83.0% · FY2025
- NFL FoundationNew York, NY · revenue $87M · programs 97.6% · FY2025
- United States Olympic and Paralympic FoundationColorado Springs, CO · revenue $112M · programs 76.8% · 2025
- Energy Outreach ColoradoDenver, CO · revenue $85M · programs 94.9% · FY2025
All recreation & sports charities · Largest charities in Texas
Questions people ask
How much of Multipurpose Arena Fort Worth's spending goes to programs?
In the fiscal year ending October 31, 2025, Multipurpose Arena Fort Worth reported that 95.1% of its $68.5 million in expenses went to program services, 4.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Multipurpose Arena Fort Worth pay its top executive?
The largest total compensation Multipurpose Arena Fort Worth reported for one person in the fiscal year ending October 31, 2025 was $836,665, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Multipurpose Arena Fort Worth get its money?
Of $94.8 million in revenue in the fiscal year ending October 31, 2025, 15.7% came from contributions and grants and 81.5% from program service revenue (Form 990, Part VIII).
Is Multipurpose Arena Fort Worth a registered charity?
The IRS lists EIN 81-2774292 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. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending October 31, 2025, object 202630999349301113 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending October 31, 2024, object 202511289349303076 · read the filing
- FY2023: Form 990 for the fiscal year ending October 31, 2023, object 202411149349300801 · read the filing
- FY2022: Form 990 for the fiscal year ending October 31, 2022, object 202301369349300025 · read the filing
- FY2021: Form 990 for the fiscal year ending October 31, 2021, object 202242419349300889 · read the filing
- FY2020: Form 990 for the fiscal year ending October 31, 2020, object 202111339349304601 · read the filing
All filings for EIN 81-2774292: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.