2022-08-09T08:27:09-05:00 2022-03-31 752393478 WHITLEY PENN LLP 640 TAYLOR STREET SUITE 2200 FT WORTH TX 76102 990 2021-04-01 750575065 SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW SOUT 8178772400 PO BOX 150 FORT WORTH TX 76101 BRADFORD S BARNES PRESIDENT 8178772400 2022-07-26 1 BRADFORD BARNES 999009999 EMILY LANDRY P01614538 8172599100 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z FORT WORTH STOCK SHOW & RODEO BRADFORD S BARNES PO BOX 150 FORT WORTH TX 76101 33092685 0 X WWW.FWSSR.COM X 1948 TX 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. 148 145 37 1800 0 0 1783834 6717297 12357 18409528 2622978 933852 85 193838 4419254 26254515 936963 1366520 0 0 4396240 6059699 0 0 0 1305950 15787114 6639153 23213333 -2219899 3041182 38990729 42680623 13595505 11688853 25395224 30991770 X 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. 0 0 20563177 384091 18501192 EXHIBITION OF LIVESTOCK AND FARM PRODUCTS TO THE PUBLIC IN ORDER TO ENCOURAGE AND PROMOTE THE BREEDING, RAISING, AND MARKETING OF BETTER CATTLE AND AGRICULTURAL PRODUCTS. EACH YEAR THE STOCK SHOW ORGANIZES AND ADMINISTRATES A WORLD CLASS STOCK SHOW EVENT COMPOSED OF VARIOUS PUBLIC COMPETITIONS, EXHIBITIONS AND ENTERTAINMENT SUCH THAT THE EVENT ENHANCES INTEREST AND ENCOURAGES PARTICIPATION IN THE LIVESTOCK AND AGRI-BUSINESS FIELD BY RECOGNIZING AND REWARDING OUTSTANDING ACHIEVEMENT IN THEM. THE EVENT ATTRACTS AS MANY VISITORS AS POSSIBLE FROM THROUGHOUT THE STATE, ACROSS THE NATION AND AROUND THE WORLD TO FORT WORTH, THE CITY OF THIS STOCK SHOW'S HISTORIC ORIGIN IN 1896. IN 2021, THE STOCK SHOW ATTENDANCE WAS OVER 1.2 MILLION PEOPLE. 396696 396696 IMPROVING AND ASSISTING THE CITY OF FORT WORTH WITH THE WILL ROGERS MEMORIAL CENTER, THE PHYSICAL FACILITIES IN WHICH THE ANNUAL STOCK SHOW EVENTS AND ITS VARIOUS ACTIVITIES ARE HELD AND WHICH ARE OTHERWISE USED FOR EQUESTRIAN AND LIVESTOCK EVENTS THROUGHOUT THE BALANCE OF THE YEAR. THIS ASSISTANCE IS TO ENSURE THE FACILITIES CONTINUE TO SERVE THE NEEDS OF THE PEOPLE AND THE ORGANIZATIONS USING THEM, AND TO PRESERVE THEIR ECONOMIC IMPACT VALUE AS A MAJOR ASSET FOR THE CITY OF FORT WORTH. ALL PERMANENT IMPROVEMENTS MADE TO FACILITIES BY THE STOCK SHOW ARE TO THE BENEFIT OF AND TRANSFERRED TO THE CITY OF FORT WORTH. SINCE MOVING TO THE WILL ROGERS MEMORIAL CENTER IN 1944, THE ORGANIZATION HAS MADE AND TRANSFERRED IMPROVEMENTS TO THE CITY COSTING MORE THAN $73.1 MILLION IN CURRENT DOLLARS. 585733 585733 IN SUPPORT OF OUR MISSION, THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW IS COMMITTED TO ADVANCING THE EDUCATION OF ADULTS AND YOUTH ALIKE BY PROVIDING LEARNING OPPORTUNITIES AND PROVIDING SCHOLARSHIP OPPORTUNITIES FOR THE YOUTH OF TEXAS. IN ADDITION TO PROVIDING EDUCATIONAL GRANTS AND CONTRIBUTIONS TO VARIOUS CHARITABLE ORGANIZATIONS, THE STOCK SHOW MAINTAINS A VARIETY OF SCHOLARSHIP PROGRAMS THROUGH VARIOUS STOCK SHOW DEPARTMENTS. EACH DEPARTMENT IS RESPONSIBLE FOR RAISING THEIR SCHOLARSHIP FUNDS EACH YEAR AND THE SCHOLARSHIPS ARE AWARDED BY THE VARIOUS DEPARTMENT SUPERINTENDANTS BASED ON DEPARTMENT SPECIFIC GOALS. THE SCHOLARSHIPS ARE PAID OUT BY THE STOCK SHOW DIRECTLY TO THE COLLEGE OR UNIVERSITY, ON A SEMESTER BASIS, IN AMOUNTS RANGING FROM $500 TO $2,000 PER SEMESTER (BASED ON TOTAL AMOUNT AWARDED AND EIGHT SEMESTERS OF COLLEGE) ONCE ENROLLMENT HAS BEEN VERIFIED EACH SEMESTER BY THE COLLEGE OR UNIVERSITY OF THE RECIPIENT'S CHOICE. IN ADDITION TO THE STOCK SHOW SCHOLARSHIP PROGRAMS, THE STOCK SHOW SUPPORTS SEVERAL ORGANIZATIONS AND THEIR EXISTING SCHOLARSHIP PROGRAMS. THE STOCK SHOW WAS ABLE TO PROVIDE OVER 290 SCHOLARSHIPS AND EDUCATIONAL GRANTS THIS YEAR. 21545606 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 1 29 0 1 37 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 148 145 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BRADFORD S BARNES 8178772400 3400 BURNETT TANDY DRIVE FORT WORTH TX 76107 EDWARD P BASS CHAIRMAN OF THE BOARD 0.50 1.00 X X 0 0 0 BRADFORD S BARNES PRESIDENT/GENERAL MANAGER 40.00 0.50 X X 373281 0 135122 CHARLIE GEREN VICE PRESIDENT 0.50 X X 0 0 0 ELAINE B AGATHER SECRETARY 0.50 X X 0 0 0 RANDY RODGERS TREASURER 0.50 X X 0 0 0 WR WATT JR PRESIDENT EMERITUS 0.50 0.50 X X 0 0 0 MATTHEW CARTER SENIOR EXECUTIVE VICE PRESIDENT 40.00 1.00 X 176339 0 9083 LORENE AGATHER DIRECTOR 0.50 X 0 0 0 ROSE M ALVAREZ DIRECTOR 0.50 X 0 0 0 WILLIAM C ANDERSON DIRECTOR 0.50 X 0 0 0 LARRY ANFIN DIRECTOR 0.50 X 0 0 0 DAVE APPLETON DIRECTOR 0.50 X 0 0 0 T ROSS BAILEY DIRECTOR 0.50 X 0 0 0 LEE M BASS DIRECTOR 0.50 X 0 0 0 GLENN BECK DIRECTOR 0.50 X 0 0 0 ED FARMER BEGGS II DIRECTOR 0.50 X 0 0 0 MIKE BERRY DIRECTOR 0.50 X 0 0 0 PETE BONDS DIRECTOR 0.50 X 0 0 0 BECKY RENFRO BORBOLLA DIRECTOR 0.50 X 0 0 0 JOHN P BOSWELL DIRECTOR 0.50 X 0 0 0 LOWELL BOSWELL DIRECTOR 0.50 X 0 0 0 VON R BOX DIRECTOR 0.50 X 0 0 0 MADELON L BRADSHAW DIRECTOR 0.50 X 0 0 0 JOE BRHLIK DIRECTOR 0.50 X 0 0 0 DANNIE J BRUCE JR DIRECTOR 0.50 X 0 0 0 JON BRUMLEY DIRECTOR 0.50 X 0 0 0 JONNY BRUMLEY DIRECTOR 0.50 X 0 0 0 DOUG CASSIDY DIRECTOR 0.50 X 0 0 0 JEFFREY H CONNER DIRECTOR 0.50 X 0 0 0 ALLEN CRUMLEY DIRECTOR 0.50 X 0 0 0 TODD DAVENPORT DIRECTOR 0.50 X 0 0 0 ROY J EATON DIRECTOR 0.50 X 0 0 0 CRAWFORD EDWARDS DIRECTOR 0.50 X 0 0 0 REBECCA CLEGG EMERY DIRECTOR 0.50 X 0 0 0 JAY EWING DIRECTOR 0.50 X 0 0 0 CHRIS FARLEY DIRECTOR 0.50 X 0 0 0 TOM FELLER DIRECTOR 0.50 X 0 0 0 ROB FELTON DIRECTOR 0.50 X 0 0 0 TED FORD DIRECTOR 0.50 X 0 0 0 WILSON D FRANKLIN DIRECTOR 0.50 X 0 0 0 DAVID GALLAGHER DIRECTOR 0.50 X 0 0 0 GILBERT GAMEZ JR DIRECTOR 0.50 X 0 0 0 GILBERT GAMEZ III DIRECTOR 0.50 X 0 0 0 JOHN T GAVIN DIRECTOR 0.50 X 0 0 0 BOB GLENN DIRECTOR 0.50 X 0 0 0 FRANK H GOLDTHWAITE JR DIRECTOR 0.50 X 0 0 0 TREY GORDON DIRECTOR 0.50 X 0 0 0 ROB GREEN DIRECTOR 0.50 X 0 0 0 GARY GRIFFIN DIRECTOR 0.50 X 0 0 0 MICHELE HAHNFELD DIRECTOR 0.50 X 0 0 0 PAT HAMILTON DIRECTOR 0.50 X 0 0 0 CHRIS HARRISON DIRECTOR 0.50 X 0 0 0 MICHAEL B HARRISON DIRECTOR 0.50 X 0 0 0 DEBRA JOHNSON HEAD DIRECTOR 0.50 X 0 0 0 JOHN J HERNANDEZ DIRECTOR 0.50 X 0 0 0 DARREN HENKEN DIRECTOR 0.50 X 0 0 0 ROBERT HEROD DIRECTOR 0.50 X 0 0 0 JD JOHNSON DIRECTOR 0.50 X 0 0 0 KATE JOHNSON DIRECTOR 0.50 X 0 0 0 ROLAND K JOHNSON DIRECTOR 0.50 X 0 0 0 SHERMAN JONES DIRECTOR 0.50 X 0 0 0 DEE KELLY JR DIRECTOR 0.50 X 0 0 0 J BRYAN KING DIRECTOR 0.50 X 0 0 0 J LUTHER KING JR DIRECTOR 0.50 X 0 0 0 SCOTT KLEBERG DIRECTOR 0.50 X 0 0 0 MARK LANSFORD DIRECTOR 0.50 X 0 0 0 R MIKE LANSFORD DIRECTOR 0.50 X 0 0 0 CHARLES R LASATER DIRECTOR 0.50 X 0 0 0 KENNETH K LEIBER DIRECTOR 0.50 X 0 0 0 JASON LESIKAR DIRECTOR 0.50 X 0 0 0 JOHN L LEWIS DIRECTOR 0.50 X 0 0 0 RAYMOND LOPEZ DIRECTOR 0.50 X 0 0 0 MARY RALPH LOWE DIRECTOR 0.50 X 0 0 0 BRIAN LUIG DIRECTOR 0.50 X 0 0 0 KELLY LYNCH DIRECTOR 0.50 X 0 0 0 KENT LYNCH DIRECTOR 0.50 X 0 0 0 LOUIS MARTIN III DIRECTOR 0.50 X 0 0 0 WILSON MARTIN DIRECTOR 0.50 X 0 0 0 GAVIN MASSINGILL DIRECTOR 0.50 X 0 0 0 WARREN E MAYBERRY DIRECTOR 0.50 X 0 0 0 DAVID MCDAVID DIRECTOR 0.50 X 0 0 0 BAILEY MCGUIRE DIRECTOR 0.50 X 0 0 0 WILLIAM W MEADOWS DIRECTOR 0.50 X 0 0 0 CLAYTON E MELTON DIRECTOR 0.50 X 0 0 0 JOHN MENZIES DIRECTOR 0.50 X 0 0 0 ROBERT H MERRILL DIRECTOR 0.50 X 0 0 0 AM MICALLEF DIRECTOR 0.50 X 0 0 0 MARY BETH MILLETT DIRECTOR 0.50 X 0 0 0 PAM MINICK DIRECTOR 0.50 X 0 0 0 BILL MOBLY DIRECTOR 0.50 X 0 0 0 KIT MONCRIEF DIRECTOR 0.50 X 0 0 0 MIKE MONCRIEF DIRECTOR 0.50 X 0 0 0 WM DAVID MOORE DIRECTOR 0.50 X 0 0 0 JAMIE MORGAN DIRECTOR 0.50 X 0 0 0 J TYLER MORRIS DIRECTOR 0.50 X 0 0 0 GREG MORSE DIRECTOR 0.50 X 0 0 0 PAXTON MOTHERAL DIRECTOR 0.50 X 0 0 0 STORMY MULLINS DIRECTOR 0.50 X 0 0 0 FLN NEVE DIRECTOR 0.50 X 0 0 0 R BLAIR NORMAN DIRECTOR 0.50 X 0 0 0 PHILIP E NORWOOD DIRECTOR 0.50 X 0 0 0 MARK NURDIN DIRECTOR 0.50 X 0 0 0 S DALE OUSLEY DIRECTOR 0.50 X 0 0 0 J C PACE III DIRECTOR 0.50 X 0 0 0 ROBERT L PATTON DIRECTOR 0.50 X 0 0 0 HOWARD PENA DIRECTOR 0.50 X 0 0 0 ROSS PEROT JR DIRECTOR 0.50 X 0 0 0 GERALD H PERRY DIRECTOR 0.50 X 0 0 0 G MARTIN PHILLIPS DIRECTOR 0.50 X 8925 0 0 BILL POTEET III DIRECTOR 0.50 X 0 0 0 TRENT PRIM DIRECTOR 0.50 X 0 0 0 SCOTT PRINCE DIRECTOR 0.50 X 0 0 0 CHRIS QUINN DIRECTOR 0.50 X 0 0 0 FD QUINN III DIRECTOR 0.50 X 0 0 0 WILLIAM D RATLIFF IV DIRECTOR 0.50 X 0 0 0 BRECK RAY DIRECTOR 0.50 0.10 X 0 0 0 GARY RAY DIRECTOR 0.50 X 0 0 0 THOMAS B REYNOLDS DIRECTOR 0.50 X 0 0 0 JAKE RICHTER DIRECTOR 0.50 X 0 0 0 MARTIN RICHTER DIRECTOR 0.50 X 0 0 0 MARY MARGARET RICHTER DIRECTOR 0.50 X 0 0 0 KELLY RILEY DIRECTOR 0.50 X 0 0 0 GORDON H ROBERTS DIRECTOR 0.50 X 0 0 0 GARY ROSENBUSCH DIRECTOR 0.50 X 0 0 0 ROZANNE ROSENTHAL DIRECTOR 0.50 X 0 0 0 CHARLIE ROYER III DIRECTOR 0.50 X 0 0 0 EDDIE SANDOVAL III DIRECTOR 0.50 X 0 0 0 MIKE SANDS DIRECTOR 0.50 X 0 0 0 THOMAS B SAUNDERS V DIRECTOR 0.50 X 0 0 0 PHILIP L SCHUTTS DIRECTOR 0.50 X 0 0 0 DEMAR SCIUTO DIRECTOR 0.50 X 0 0 0 MORRIS L SHEATS II DIRECTOR 0.50 X 0 0 0 CB TEAM IV DIRECTOR 0.50 X 0 0 0 KELLY THOMPSON DIRECTOR 0.50 X 0 0 0 THEO THOMPSON DIRECTOR 0.50 X 0 0 0 TODD TIPPETT DIRECTOR 0.50 X 0 0 0 RANDY UPSHAW DIRECTOR 0.50 X 0 0 0 ROSARIO VILLALPANDO DIRECTOR 0.50 X 0 0 0 ADAM J WALDECK DIRECTOR 0.50 X 0 0 0 MICHAEL D WARNER DIRECTOR 0.50 X 0 0 0 RANDY WATSON DIRECTOR 0.50 X 0 0 0 AB WHARTON DIRECTOR 0.50 X 0 0 0 CAREY W WILLIAMS DIRECTOR 0.50 X 0 0 0 JR WILLIAMS III DIRECTOR 0.50 0.20 X 0 0 0 PHILIP C WILLIAMSON DIRECTOR 0.50 X 0 0 0 RODNEY WOODSON DIRECTOR 0.50 X 0 0 0 BRANDON WOODWARD DIRECTOR 0.50 X 0 0 0 GEORGE M YOUNG JR DIRECTOR 0.50 X 0 0 0 KIMBERLY DEWOODY FINANCE DIRECTOR 40.00 0.50 X 199700 0 14558 BRUCE MCCARTY EXECUTIVE VICE PRESIDENT 40.00 X 187645 0 126316 PAM WRIGHT DEPARTMENT MANAGER 40.00 X 152152 0 92113 JESSICA BIRGE DEPARTMENT MANAGER 40.00 X 108327 0 63832 DAVID BROCKMAN DEPARTMENT MANAGER 40.00 X 115500 0 44198 STEFAN MARCHMAN DEPARTMENT MANAGER 40.00 X 121098 0 65436 LAUREN MURRAY DEPARTMENT MANAGER 40.00 X 123600 0 54382 DOUGLAS WHITE DEPARTMENT MANAGER 40.00 X 106273 0 35529 1672840 0 640569 10 0 1 0 0 22850 1145905 5548542 6717297 RODEO & LIVESTOCK SHOW 711210 18361477 18361477 LIVESTOCK SALES 110000 30025 30025 OTHER PROGRAM INCOME 711210 18026 18026 18409528 406529 406529 7302864 6775541 527323 527323 527323 163117 22850 60943 102174 102174 93350 1686 91664 91664 26254515 18501192 0 1036026 845968 845968 520552 520552 1530679 1315266 215413 3173523 2726913 446610 834836 717349 117487 168798 145043 23755 351863 302345 49518 16619 16619 54018 54018 150361 150361 52253 52253 82827 19585 63242 158780 158780 722266 513262 209004 50432 50432 156227 124982 31245 228044 182435 45609 STOCK SHOW AND RODEO 13568184 13568184 OTHER EXPENSES 457553 457553 CALF SCRAMBLE EXPENSE 89550 89550 23213333 21545606 1667727 0 838828 193589 5409 5160 239120 1180513 6728 5041 57728 49024 3245785 2244673 1128773 1001112 35570236 38192353 427313 288993 716594 1764838 38990729 42680623 38356 242207 11719786 11315946 837625 130700 999738 0 13595505 11688853 X 22535724 27752950 2859500 3238820 25395224 30991770 38990729 42680623 X 3041182 1063294 1492070 X X 0 1 X 1 0 X 666704 787214 806127 1783834 6717297 10761176 19476329 20743170 29299949 12442 18502878 88034768 20143033 21530384 30106076 1796276 25220175 98795944 0 101702 2814 40089 144605 101702 2814 40089 144605 98651339 445184 570252 484347 367387 406529 2273699 445184 570252 484347 367387 406529 2273699 20588217 22100636 30590423 2163663 25626704 101069643 0.97610 0.97380 0.02250 0.02340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 860916 286240 574676 2185490 1780212 405278 199379 178221 21158 1001112 X 28661204 1063294 1493756 2557050 26104154 150361 150361 26254515 23064658 1686 1686 23062972 150361 150361 23213333 PART X, LINE 2: THE STOCK SHOW IS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"), AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. THEREFORE, NO PROVISION FOR FEDERAL INCOME TAXES IS MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. TAX POSITIONS ARE EVALUATED IN A TWO-STEP PROCESS. THE STOCK SHOW FIRST DETERMINES WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION. IF A TAX POSITION MEETS THE MORE LIKELY THAN NOT THRESHOLD, IT IS THEN MEASURED TO DETERMINE THE AMOUNT OF EXPENSE TO RECORD IN THE FINANCIAL STATEMENTS. THE TAX POSITION IS MEASURED AS THE LARGEST AMOUNT OF EXPENSE THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT. THE STOCK SHOW CLASSIFIES ANY POTENTIAL ACCRUED INTEREST RECOGNIZED ON AN UNDERPAYMENT OF INCOME TAXES AND ANY STATUTORY PENALTIES RECOGNIZED ON A TAX POSITION TAKEN AS OTHER NON-INTEREST EXPENSE. THE STOCK SHOW DID NOT INCUR ANY PENALTIES OR INTEREST DURING THE YEARS ENDED MARCH 31, 2022 AND 2021. MANAGEMENT OF THE STOCK SHOW HAS NOT TAKEN A TAX POSITION THAT, IF CHALLENGED, WOULD BE EXPECTED TO HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS AT MARCH 31, 2022 AND 2021. THE STOCK SHOW FILES FORM 990 IN THE FEDERAL JURISDICTION WITHIN THE UNITED STATES. NO TAX RETURNS ARE CURRENTLY UNDER EXAMINATION BY ANY TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: EFFECT OF FASB STATEMENT NO 158: FASB STATEMENT 158 REQUIRES THE ASSOCIATION TO FULLY RECOGNIZE THE CHANGE IN THE FUNDED POSITION (THE DIFFERENCE BETWEEN THE FAIR VALUE OF PLAN ASSETS AND THE BENEFIT OBLIGATION) OF ITS POSTRETIREMENT BENEFIT PLAN IN THE BALANCE SHEET 1,492,070. COST OF MERCHANDISE SOLD 1,686. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF MERCHANDISE SOLD 1,686. SCRAMBLE FOR SCHOLARSHIPS 56777 13100 43677 120 4128 3744 1397 LIVESTOCK APPRECIATION DAY LUNCHEON 79050 9000 70050 26489 550 1 50140 750 49390 540 18090 3056 2829 185967 22850 163117 660 22218 33289 4776 60943 102174 1 CAREITY FOUNDATION PO BOX 126038 FORT WORTH TX 76126 061704800 501(C)(3) 43500 0 EDUCATION COOK CHILDRENS MEDICAL CENTER 801 7TH AVENUE FORT WORTH TX 76104 752051646 501(C)(3) 46000 0 EDUCATION FORT WORTH MUSEUM OF SCIENCE AND HISTORY 1600 GENDY STREET FORT WORTH TX 76107 750755335 501(C)(3) 50000 0 EDUCATION JUNIOR LEAGUE OF FORT WORTH 255 BAILEY AVENUE FORT WORTH TX 76107 756022377 501(C)(3) 25386 0 EDUCATION MUSTANG HERITAGE FOUNDATION PO BOX 979 GEORGETOWN TX 78626 880512149 501(C)(3) 97043 0 EDUCATION TARRANT COUNTY BLACK HISTORIC & GENEALOGICAL SOCIETY PO BOX 50483 FORT WORTH TX 76105 751790805 501(C)(3) 7500 0 EDUCATION TEXAS FFA FOUNDATION 614 E 12TH STREET AUSTIN TX 78701 742520515 501(C)(3) 8000 0 EDUCATION 7 EQUINE SCHOLARSHIPS 35 78000 VARIOUS SCHOLARSHIPS 25 22000 CALF SCRAMBLE STUDENT AG AWARDS AND SCHOLARSHIPS 125 240552 HEIFER BEEF CHALLENGE SCHOLARSHIPS 24 53000 ART CONTEST SCHOLARSHIPS 35 42500 COMMERCIAL HEIFER SCHOLARSHIPS 10 6000 TEXAS M.A.D.E. 15 37000 FFA SCHOLARSHIPS 12 22000 4-H SCHOLARSHIPS 12 19500 PART I, LINE 2: FOR ALL SCHOLARSHIPS ISSUED BY THE ORGANIZATION, THE SCHOLARSHIP COMMITTEE REVIEWS THE APPLICANTS AND KEEPS A WRITTEN FILE ON EACH STUDENT. AFTER THE WRITTEN CRITERIA HAS BEEN REVIEWED BY THE COMMITTEE, PROOF OF ELIGIBILITY FROM THE EDUCATIONAL INSTITUTION MUST BE VERIFIED ON BEHALF OF THE STUDENT BEFORE ANY FUNDS ARE DISBURSED. GRANTS TO PUBLIC CHARITIES ARE GENERALLY PROVIDED FOR SPECIFIC PURPOSES ONLY. MANAGEMENT MONITORS THE PROJECTS THROUGH THEIR COMPLETION, BUT GENERALLY DOES NOT REQUIRE ANY FORMAL REPORTING FROM THE RECIPIENT ORGANIZATION. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 BRADFORD S BARNES PRESIDENT/GENERAL MANAGER 373281 0 0 0 0 0 109200 0 25922 0 508403 0 0 0 BRUCE MCCARTY EXECUTIVE VICE PRESIDENT 187645 0 0 0 0 0 115768 0 10548 0 313961 0 0 0 PAM WRIGHT DEPARTMENT MANAGER 152152 0 0 0 0 0 81555 0 10558 0 244265 0 0 0 KIMBERLY DEWOODY FINANCE DIRECTOR 199700 0 0 0 0 0 4000 0 10558 0 214258 0 0 0 STEFAN MARCHMAN DEPARTMENT MANAGER 121098 0 0 0 0 0 54878 0 10558 0 186534 0 0 0 MATTHEW CARTER SENIOR EXECUTIVE VICE PRESIDENT 176339 0 0 0 0 0 0 0 9083 0 185422 0 0 0 LAUREN MURRAY DEPARTMENT MANAGER 123600 0 0 0 0 0 43824 0 10558 0 177982 0 0 0 JESSICA BIRGE DEPARTMENT MANAGER 108327 0 0 0 0 0 53305 0 10527 0 172159 0 0 0 DAVID BROCKMAN DEPARTMENT MANAGER 115500 0 0 0 0 0 33724 0 10474 0 159698 0 0 0 PART I, LINE 1A COUNTRY CLUB DUES WERE PAID ON BEHALF OF BRADFORD S. BARNES AND MATTHEW CARTER. THE ORGANIZATION'S BOARD OF DIRECTORS DO NOT RECEIVE ANY COMPENSATION FOR SERVING IN THEIR CAPACITY AS A BOARD MEMBER, BUT CERTAIN BOARD MEMBERS DO RECEIVE COMPENSATION FOR VARIOUS SERVICES THEY PERFORM DURING THE ANNUAL SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW. J LUTHER KING JR OWNER AND PRINCIPAL OF LKCM. DIRECTOR OF SW EXPO. 209673 LUTHER KING CAPITAL MANAGEMENT MANAGES A PORTION OF THE STOCK SHOW INVESTMENTS ON A STANDARD FEE BASIS. 0 CAREY WILLIAMS EXECUTIVE MANAGER OF JAMES WOOD MOTORS OF NTCD. DIRECTOR OF SW EXPO. 253190 NORTH TEXAS CHEVY DEALERS (NTCD) IS A MAJOR SPONSOR OF THE STOCK SHOW THAT PROVIDES SPONSORSHIP REVENUE. 0 PHILIP C WILLIAMSON SIGNIFICANT EMPLOYEE OF WILLIAMSON-DICKIE MANUFACTURING CO. DIRECTOR OF SW. 286443 WILLIAMSON-DICKIE MANUFACTURING CO. IS A MAJOR SPONSOR OF THE STOCK SHOW THAT PROVIDES SPONSORSHIP REVENUE. 0 AL MICALLEF OWNER OF REATA RESTAURANTS MANAGEMENT CO., LLC. DIRECTOR OF SW EXPO. 145890 REATA RESTAURANTS MANAGEMENT CO., LLC. PROVIDES CATERING SERVICES TO THE ORGANIZATION. 0 FORM 990, PART VI, SECTION A, LINE 2 BAILEY MCGUIRE, DEMAR SCIUTO AND DEBRA JOHNSON HEAD HAVE A FAMILY RELATIONSHIP. EDWARD P. BASS AND LEE M. BASS HAVE A FAMILY RELATIONSHIP. GILBERT GAMEZ, JR. AND GILBERT GAMEZ, III HAVE A FAMILY RELATIONSHIP. JOHN P. BOSWELL AND LOWELL BOSWELL HAVE A FAMILY RELATIONSHIP. JOHN P. BOSWELL AND TREY GORDON HAVE A FAMILY RELATIONSHIP. JON BRUMLEY AND JONNY BRUMLEY HAVE A FAMILY RELATIONSHIP. MICHAEL B. HARRISON AND CHRIS HARRISON HAVE A FAMILY RELATIONSHIP. CRAWFORD EDWARDS, MARY MARGARET RICHTER AND MARTIN RICHTER HAVE A FAMILY RELATIONSHIP. MARTIN RICHTER AND RANDY RODGERS HAVE A FAMILY RELATIONSHIP. PHILIP L. SCHUTTS AND SHERMAN JONES HAVE A FAMILY RELATIONSHIP. MARK LANSFORD AND R. MIKE LANSFORD HAVE A FAMILY RELATIONSHIP. WILLIAM C. ANDERSON AND WILLIAM D. RATLIFF IV HAVE A FAMILY RELATIONSHIP. J. BRYAN KING AND J. LUTHER KING HAVE A FAMILY RELATIONSHIP. KENT LYNCH AND KELLY LYNCH HAVE A FAMILY RELATIONSHIP. ELAINE B. AGATHER AND LORENE AGATHER HAVE A FAMILY RELATIONSHIP. KIT MONCRIEF AND BRADFORD S. BARNES HAVE A FAMILY RELATIONSHIP. KIT MONCRIEF AND CHARLIE GEREN HAVE A FAMILY RELATIONSHIP. KIT MONCRIEF AND CHARLIE ROYER III HAVE A FAMILY RELATIONSHIP. EDWARD P. BASS AND LEE M. BASS HAVE A BUSINESS RELATIONSHIP. GILBERT GAMEZ JR. AND CHARLIE GEREN HAVE A BUSINESS RELATIONSHIP. JOHN P. BOSWELL AND ED FARMER BEGGS II HAVE A BUSINESS RELATIONSHIP. JOHN P. BOSWELL, CHARLIE GEREN, GREG MORSE, AND DEE KELLY JR. HAVE A BUSINESS RELATIONSHIP. KENNETH K. LEIBER, PETE BONDS, CRAWFORD EDWARDS, AND W.R. WATT JR. HAVE A BUSINESS RELATIONSHIP. MATTHEW R. CARTER AND EDWARD P. BASS HAVE A BUSINESS RELATIONSHIP. MIKE BERRY AND ROSS PEROT JR. HAVE A BUSINESS RELATIONSHIP. PAXTON MOTHERAL AND CRAWFORD EDWARDS HAVE A BUSINESS RELATIONSHIP. J. BRYAN KING AND J. LUTHER KING HAVE A BUSINESS RELATIONSHIP. KENT LYNCH AND KELLY LYNCH HAVE A BUSINESS RELATIONSHIP. J. BRYAN KING AND SCOTT KLEBERG HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE CHOSEN BY A MAJORITY VOTE FROM A NOMINATING COMMITTEE AND ELECTED BY A MAJORITY VOTE OF THE MEMBERS. MEMBERS DO NOT RECEIVE ANY COMPENSATION FOR SERVING IN THEIR CAPACITY AS A MEMBER AND NO PART OF THE ORGANIZATION'S EARNINGS OR ASSETS SHALL EVER INURE TO THE BENEFIT OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS AT AN ANNUAL MEETING EACH YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS REVIEWED IN DETAIL AND APPROVED BY THE FINANCE AND AUDIT COMMITTEE, AND PRIOR TO IT BEING FILED A COPY IS PROVIDED TO ALL MEMBERS OF THE EXECUTIVE COMMITTEE WHICH CONSTITUTES THE GOVERNING BODY AND HAS BEEN DELEGATED WITH THE PRIMARY POWER OF GOVERNANCE BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE COMMITTEE MEETS ONCE A YEAR TO DETERMINE IF ANYONE OR ANY TRANSACTION HAS VIOLATED THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE, IN RECOMMENDING SUCH COMPENSATION, AND THE EXECUTIVE COMMITTEE, IN APPROVING SUCH COMPENSATION, SHALL FOLLOW THREE STEPS. FIRST, EACH COMMITTEE SHALL MEET IN SESSIONS COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT. SECOND, EACH COMMITTEE SHALL OBTAIN AND RELY UPON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING ITS DETERMINATION. THIRD, EACH COMMITTEE SHALL ADEQUATELY DOCUMENT THE BASIS FOR ITS DETERMINATION CONCURRENTLY WITH MAKING ITS DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: EFFECT OF FASB STATEMENT NO 158: FASB STATEMENT 158 REQUIRES THE ASSOCIATION TO FULLY RECOGNIZE THE CHANGE IN THE FUNDED POSITION (THE DIFFERENCE BETWEEN THE FAIR MARKET VALUE OF PLAN ASSETS AND THE BENEFIT OBLIGATION) OF ITS POSTRETIREMENT BENEFIT PLAN IN THE BALANCE SHEET 1,492,070. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE PROCESS FROM PRIOR YEARS. AGRICULTURAL DEVELOPMENT FUND PO BOX 150 FORT WORTH TX 76101 751824668 TO PAY A PREMIUM/BONUS TO OWNERS OF LIVESTOCK TX 501(C)(3) 9 0 EVENT FACILITIES FORT WORTH INC 505 MAIN STE 240 FORT WORTH TX 76102 260011624 PROVIDE SUPPORT TO THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW TX 501(C)(3) 11A, TYPE I 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 AGRICULTURAL DEVELOPMENT FUND Q 5946641 FMV AGRICULTURAL DEVELOPMENT FUND C 41500 FMV EVENT FACILITIES FORT WORTH INC K 1 CASH EVENT FACILITIES FORT WORTH INC Q 303901 COST