2025-02-06T16:34:12-06:00 2024-03-31 BDO USA 10999 IH-10W Suite 255 San Antonio TX 78230 990 2023-04-01 741075466 SAN ANTONIO LIVESTOCK EXPOSITION INC % JAMIE BROWN SANA 2102255851 723 FROST BANK CENTER PKWY SAN ANTONIO TX 782193609 CODY DAVENPORT Executive Dir/CEO 2102284877 2025-02-15 true true Ann M Pena P00671430 2103428000 2023 2025-03-06 01:10:19Z CODY DAVENPORT 723 FROST BANK CENTER PKWY SAN ANTONIO TX 782193609 53351906 false X www.sarodeo.com X 1948 TX The opening sentence in san antonio livestock exposition's (sale) website - " a volunteer organization that emphasizes agriculture and education to develop the youth 14 14 458 7640 0 0 9589680 9574857 39877076 39272131 212555 247052 734154 577830 50413465 49671870 3650501 4774054 0 0 6043715 6602950 0 0 145154 34098985 35624640 43793201 47001644 6620264 2670226 59711084 67327714 15842196 20338620 43868888 46989094 SEE SCHEDULE O false false 40180995 4774054 39272131 SAN ANTONIO LIVESTOCK EXPOSITION (SALE) ANNUALLY CELEBRATES LIVESTOCK, STOCK SHOW AND RODEO HELD EACH FEBRUARY. THERE ARE VARIOUS SHOWS AND ACTIVITIES THAT HELP TO EDUCATE THE PUBLIC IN THE MANY ASPECTS OF THESE EVENTS. VARIOUS SCHOLARSHIPS AND FUNDS ARE AWARDED TO INDIVIUAL ENTRIES IN THE STOCK SHOW WHICH ENABLES THEM TO EXTEND THEIR EDUCATION. NET FUNDS FROM THESE AND OTHER ACTIVITIES ARE USED TO AWARD SCHOLARSHIPS FOR THOSE QUALIFIED INDIVIDUALS. DURING FEBRUARY 2024 THE PROGRAM INCLUDED 18 DAYS OF EVENTS. DURING THE VARIOUS LIVESTOCK AND OTHER COMPETITIONS, OVER 527 INDIVIDUALS WERE AWARDED SCHOLARSHIPS; THERE WERE OVER 17,893 LIVESTOCK COMPETITORS; OVER 1,497 ENTRIES IN THE HORSE SHOW COMPETITION; 383 COMPETITORS IN THE CALF SCRAMBLE; OVER 900 PARTICIPANTS IN THE JUNIOR LIVESTOCK AUCTION; AND OVER 450 COMPETITORS IN THE RODEO COMPETITION. THERE WERE OVER 7,640 VOLUNTEERS THAT HELPED IN ALL PHASES AND ASPECTS OF THIS EVENT AND CONTRIBUTED TO ITS OVERALL SUCCESS. 40180995 true true false false false false false false false false true false false true true false false true false false false false false false true false false true false true false false false false false false false true true false false false false true false false false true 2200 0 true 458 true false false false false false true true false false false false false false X 14 14 true false false false true true false true true false false true true true true true true true true false X JAMIE BROWN 2102255851 723 FROST BANK CENTER PARKWAY SAN ANTONIO TX 78219 Cody Davenport Exec Dir/CEO 50.0 0.0 X X 513487 0 44819 Christopher Derby Marketing Officer 50.0 0.0 X 202936 0 28604 Jamie Brown CFO 50.0 0.0 X 205493 0 17669 Christopher Weaver Technology Officer 50.0 0.0 X 203276 0 9621 John Phelps Ticketing Officer 50.0 0.0 X 177219 0 16097 Thomas Adams Festival Officer 50.0 0.0 X 148775 0 14339 Karen Carawan Chief of Staff 50.0 0.0 X 123127 0 25038 Cody Tharp Rodeo Officer 50.0 0.0 X 110425 0 4511 Darci Owens Rodeo Officer 50.0 0.0 X 57293 0 2042 BJ Hendler Vice President 2.0 0.0 X 0 0 0 Rusty Collier Vice President 2.0 0.0 X 0 0 0 Nancy Loeffler Chairman 2.0 0.0 X 0 0 0 Bert Pfiester Vice President 2.0 0.0 X 0 0 0 Dick Evans Vice President 2.0 0.0 X 0 0 0 Richard Martinez Vice President 2.0 0.0 X 0 0 0 David White President 2.0 0.0 X 0 0 0 Paul Bracher Vice President 2.0 0.0 X 0 0 0 Todd Brockwell Vice President 2.0 0.0 X 0 0 0 Allen Cole Vice Persident 2.0 0.0 X 0 0 0 Mike Kirkpatrick Vice President 2.0 0.0 X 0 0 0 Rob McClane Vice President 2.0 0.0 X 0 0 0 Randy Vaclavik Vice President 2.0 0.0 X 0 0 0 1742031 0 162740 8 false true false PRCA 101 Pro Rodeo Dr COLORADO SPRINGS CO 80919 Rodeo/Entertainment 1858700 Coliseum Advisory Board 3201 E Houston St SAN ANTONIO TX 78219 Property Rent/Servic 2531615 Community Arena Mgmt Ltd One ATT Center Parkway SAN ANTONIO TX 78219 Contract services 1478291 LD Systems LP PO Box 10620 HOUSTON TX 77206 Sound Service/Entert 810316 Asphalt Cowboy Touring LLC PO Box 22359 NASHVILLE TN 37202 Entertainment 850000 44 169281 125000 9280576 713302 9574857 STOCK SHOW AND RODEO 711300 37667862 37667862 OTHER REALTED EVENTS/ACTIVITY 711300 1604269 1604269 39272131 214875 214875 0 0 660829 730112 -69283 0 -69283 -69283 464402 8000 440225 24177 8000 32177 32177 2226727 169281 2044825 181902 181902 0 0 0 930085 464874 465211 465211 0 49671870 39272131 824882 4774054 4774054 0 0 0 1497033 606649 890384 0 3962235 3709744 252491 480063 480063 189319 189319 474300 474300 0 114730 114730 0 0 0 0 316695 282446 34249 1407817 1407817 0 0 0 307411 307411 31872 15029 16843 0 213252 106011 107241 0 0 1649378 1649378 691066 24893 666173 AUCTION ITEMS 169371 164867 4504 CONTRACT LABOR 668638 593196 75442 DONATIONS 405650 405650 DUES & SUBSCRIPTIONS 8884 2936 5948 29639876 28087703 1411523 140650 47001644 40180995 6675495 145154 19651886 17105121 0 0 0 0 6145075 10460355 0 0 0 0 0 0 162535 176641 530584 510285 53832299 23562899 22121963 30269400 3159446 2303235 0 544879 0 0 0 0 7939595 5957798 59711084 67327714 6160428 13056377 0 0 271442 401155 0 0 0 0 0 0 0 0 0 0 9410326 6881088 15842196 20338620 X 38391215 42704813 5477673 4284281 43868888 46989094 59711084 67327714 2670226 449980 X false true X true X 7815814 5527091 8123940 9589680 9574857 40631382 28157662 6286964 36243719 39877076 39272131 149837552 0 0 0 35973476 11814055 44367659 49466756 48846988 190468934 64910 52503 117413 0 64910 52503 117413 190351521 71040 20241 30318 170324 214875 506798 0 71040 20241 30318 170324 214875 506798 0 0 36044516 11834296 44397977 49637080 49061863 190975732 0.99673 0.99700 0.00265 0.00220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5886333 5886333 6124953 4539377 1585576 34991592 13604259 21387333 2056545 1691188 365357 4772876 3728075 1044801 30269400 ROU ASSET 5957798 5957798 0 CALF SCRAMBLE CERTIFICATES 401400 DEFERRED COMPENSATION PAYABLE 521890 ROU LIABILITY 5957798 6881088 57749624 449980 7627774 8077754 49671870 49671870 48981052 1979408 1979408 47001644 47001644 Form 990, Schedule D, Part XI, Line 2D Consolidated Company-SALE Education Fund $ 8,546,212 Consolidated Company-Borderland Tequila $ 449,980 Cost of Goods Sold & Direct Expenses $ 3,239,811 In-Kind Contributions $ 531,752 Eliminations $(4,899,054) Total Adjustment $ 7,627,774 Form 990, Schedule D, Part XII, Line 2D Consolidated Company-SALE Education Fund $ 2,701,935 Consolidated Company-Borderland Tequila $ 404,964 Cost of Goods Sold & Direct Expenses $ 3,239,811 In-Kind Contributions $ 531,752 Eliminations $(4,899,054) Total Adjustment $ 1,979,410 LETS RODEO BALL 594860 56860 538000 503674 GO RODEO ROUNDU 585150 57275 527875 527710 5 1215998 55146 1160852 5500 1013441 2396008 169281 2226727 5500 2044825 2050325 176402 true SAN ANTONIO LIVESTOCK EDUCATIONAL FUND PO BOX 200230 SAN ANTONIO TX 78220 454533237 501(C)(3) 3380310 SCHOLARSHIPS & GRANTS 1 PART I, LINE 2 - PROCEDURES FOR MONITORING USE OF GRANTS FUNDS IN U.S. THIS IS A DONATION TO THE SAN ANTONIO LIVESTOCK EXPOSITION EDUCATIONAL FUND - WHICH IS A TYPE 1 SUPPORTING ORGANIZATION.THE EDUCATIONAL FUND GIVES OUT GRANTS AND SCHOLARSHIPS TO SCHOOLS AND OTHER TAX EXEMPT ENTITIES TO FURTHER THEIR EXEMPT PURPOSE. THE ORGANIZATIONS REQUIRES THE AWARDED ENTITIES TO SUBMIT REPORTS RELATED TO THE USEAGE OF THE FUNDS RECEIVED, WHICH HELPS IN THE DETERMINATION OF FUTURE AWARDS. PART IV -ADDITIONAL SUPPLEMENTAL INFORMATION SAN ANTONIO LIVESTOCK EXPOSITION EDUCATIONAL FUND, INC. PURPOSE OF THE DONATION: DONATION WILL BE USED TO DELIVER GRANT AND SCHOLARSHIPS TO AWARDED ENTITIES. X X X X X true true false false false false false false false Cody Davenport Exec Dir/CEO 413487 100000 19800 25019 558306 Christopher Derby Marketing Officer 177936 25000 10349 18255 231540 John Phelps Ticketing Officer 157219 20000 9550 6547 193316 Jamie Brown CFO 185493 20000 11164 6505 223162 Thomas Adams Festival Officer 130775 18000 7834 6505 163114 Christopher Weaver Technology Officer 188276 15000 9443 178 212897 Form 990, Schedule J, Part I, Line 3 IN 2008, THE AUDIT, FINANCE AND COMPENSATION SUBCOMMITTEE OF S.A.L.E. ESTABLISHED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) FOR THE EXECUTIVE LEADERSHIP OF S.A.L.E. WITH THE INTENT TO PROMOTE STABILITY, RETENTION, CAPABILITY AND ATTRACTIVENESS TO THE EXECUTIVE LEADERSHIP. SINCE THE PREVIOUS EXECUTIVE DIRECTOR HAD BEEN WORKING AT S.A.L.E. SINCE 1989 AND THE OTHERS FOR SHORTER PERIODS, S.A.L.E. WAS HAVING TO ACCELERATE PAYMENTS TO FUND THE PLAN. THE FOLLOWING INDIVIDUALS WERE PARTICIPANTS IN THE SECTION 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN, FOR WHICH AN INCREASE OF $245,922 WAS RECORDED DURING THE FISCAL YEAR ENDED MARCH 31, 2024. THE FOLLOWING INDIVIDUALS WERE PARTICIPANTS DURING THE BEGINNING OF THE YEAR: JAMIE BROWN, KAREN CARAWAN, CHRISTOPHER DERBY, JOHN PHELPS, AND SETH C. DAVENPORT, AND THE FOLLOWING WERE PARTICIPANTS AT THE END OF THE YEAR: JAMIE BROWN, KAREN CARAWAN, CHRISTOPHER DERBY, JOHN PHELPS, AND SETH C. DAVENPORT. IN ADDITION, AN ACCRUAL OF THESE BENEFITS WAS $245,922 FOR THE FISCAL YEAR ENDED MARCH 31, 2024. INCLUDED IN PART II, COLUMN C (BUT ALSO INCLUDES THE EMPLOYER'S CONTRIBUTION TO THEIR RETIREMENT PLAN) ARE THE CURRENT YEAR DEFERRALS FOR THE SERP. THE TOTALS ARE AS FOLLOWS: JAMIE BROWN - $24,914, SETH C. DAVENPORT - $135,819, CHRISTOPHER DERBY - $22,345, KAREN CARAWAN - $12,576, THOMAS D. ADAMS - $16,534, CODY O. THARP - $12,398, AND JOHN PHELPS - $21,335. A FEW OTHER THINGS CONSIDERED WHEN DRAFTING THE ARRANGEMENT TOOK INTO EFFECT 1) THE FUNDS ARE PAYABLE AT RETIREMENT AND SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE, 2) THE AUDIT, FINANCE AND COMPENSATION SUBCOMMITTEE HAS REVIEWED THE FORM 990, AND 3) S.A.L.E. RELIED UPON REBUTTABLE PRESUMPTION GUIDELINES. Kim Moore Human Resource 66272 Human Resource Work false W David White Martin & Droug 15399 Legal Work false Form 990, Schedule L, Part IV In addition, w. david white - a partner with martin & drought, p.c. provided $15,399 of legal services through the current fiscal year ended march 31, 2024. There was also a board member of san antonio livestock exposition educational fund, inc. (related entity) that provided services through the current fiscal year ended March 31, 2024.: Human resource management by Kim Moore for $66,727. X 6 1045 X 325741 X 4 64369 X 11 4950 X 30 58032 X Entertainment 77 221430 0 X Other Services 22 37735 0 false false false Form 990, part III, line 1 - organization misson The opening sentence in san antonio livestock exposition's (sale) website - "a volunteer organization that emphasizes agriculture and education to develop the youth of texas" sums of the mission (see the website for the full description of mission statement). FORM 990, PART VI, LINE 6- EXPLANATION OF CLASSES OF MEMBERS OR SHAREHOLDE THE ORGANIZATION HAS OR HAD AT LEAST 9,879 LIFE MEMBERS OVER THE COURSE OF THEIR EXISTENCE, THAT HAVE PAID ANYWHERE FROM $100 TO $200 IN TOTAL TO BECOME A LIFE MEMBER. DURING FYE 3/31/24, A TOTAL OF $54,200 WAS RECEIVED FROM THE CURRENT LIFE MEMBERS (441 NEW MEMBERS). THE BOARD HAS DESIGNATED THESE AND PREVIOUS FUNDS COLLECTED FROM THE LIFE MEMBERS FOR SCHOLARSHIPS. ANNUALLY, THESE LIFE MEMBERS MEET AND CAST BALLOTS TO ELECT MEMBERS OF THE EXECUTIVE COMMITTEE, WHO PROVIDE FOR THE GOVERNANCE OF THE ORGANIZATION. FORM 990, PART VI, LINE 7A - HOW MEMBERS OR SHAREHOLDERS ELECT GOVERNING B DURING THE ANNUAL MEETING, THE LIFE MEMBERS ELECT THE CURRENT YEAR'S OFFICERS FROM A SELECTED GROUP OF INDIVIDUALS NOMINATED BY THE ELECTION COMMITTEE. FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS THE AUDIT COMMITTEE, A SUB-COMMITTEE OF THE FINANCE COMMITTEE/EXECUTIVE COMMITTEE, ALONG WITH SENIOR MANAGEMENT, REVIEWS THE FORM 990, AND ANY RECOMMENDATIONS ARE INCORPORATED IN THE RETURN, FOR WHICH THEY GIVE THEIR FINAL APPROVAL. FORM 990, PART VI, LINE 12C - EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST STATEMENTS ARE CIRCULATED TO THE STAFF AND DIRECTORS EACH YEAR AND ANY CONFLICTING INTERESTS ARE NOTED AND FOLLOWED. FORM 990, PART VI, LINE 15A - COMPENSATION REVIEW & APPROVAL PROCESS - CEO THE FINANCE SUB-COMMITTEE OF SAN ANTONIO LIVESTOCK EXPOSITION, INC (SALE) SERVES ALSO AS THE COMPENSATION COMMITTEE, AND DETERMINES AND RECOMMENDS TO THE EXECUTIVE COMMITTEE AMOUNTS TO BE PAID TO THE EXECUTIVE DIRECTOR AND OTHER EXECUTIVE LEADERS/HIGHLY COMPENSATED EMPLOYEES OF SALE. THE COMMITTEE USES OUTSIDE CONSULTANTS TO PERFORM COMPENSATION STUDIES TO HELP DETERMINE REASONABLE COMPENSATION AMOUNTS FOR ALL EMPLOYEES, BUT ESPECIALLY THE EXECUTIVE LEADERSHIP. DURING 2008, THE COMMITTEE ESTABLISHED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) FOR THE BENEFIT OF THE EXECUTIVE LEADERSHIP. ITS PHILOSOPHY/PURPOSE WAS TO PROMOTE STABILITY, RETENTION CAPABILITY AND ATTRACTIVENESS TO THE EXECUTIVE LEADERSHIP, AND TO RECOGNIZE AND REWARD INDIVIDUAL AND GROUP EXCELLENCE. THE SERP PLAN DESIGN FOR THE OTHERS INCLUDES A DEFINED CONTRIBUTION BENEFIT. THE BENEFIT IS NOT PAYABLE UNTIL AGE 66 OR DEATH, AND IS SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE IF THEY LEAVE PRIOR TO AGE 66. OTHER PLANS FOR RETENTION WERE REVIEWED BY THE COMMITTEES, BUT AFTER MUCH RESEARCH AND ANALYSIS, THE CURRENT PLAN WAS ADOPTED. FORM 990, PART VI, LINE 15B - COMPENSATION REVIEW & APPROVAL PROCESS - OFF THE FINANCE SUB-COMMITTEE OF SAN ANTONIO LIVESTOCK EXPOSITION, INC (SALE) SERVES ALSO AS THE COMPENSATION COMMITTEE, AND DETERMINES AND RECOMMENDS TO THE EXECUTIVE COMMITTEE AMOUNTS TO BE PAID TO THE EXECUTIVE DIRECTOR AND OTHER EXECUTIVE LEADERS/HIGHLY COMPENSATED EMPLOYEES OF SALE. THE COMMITTEE USES OUTSIDE CONSULTANTS TO PERFORM COMPENSATION STUDIES TO HELP DETERMINE REASONABLE COMPENSATION AMOUNTS FOR ALL EMPLOYEES, BUT ESPECIALLY THE EXECUTIVE LEADERSHIP. DURING 2008, THE COMMITTEE ESTABLISHED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) FOR THE BENEFIT OF THE EXECUTIVE LEADERSHIP. ITS PHILOSOPHY/PURPOSE WAS TO PROMOTE STABILITY, RETENTION CAPABILITY AND ATTRACTIVENESS TO THE EXECUTIVE LEADERSHIP, AND TO RECOGNIZE AND REWARD INDIVIDUAL AND GROUP EXCELLENCE. THE SERP PLAN DESIGN INCLUDES A DEFINED CONTRIBUTION BENEFIT. THE BENEFIT IS NOT PAYABLE UNTIL AGE 66 OR DEATH, AND IS SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE IF THEY LEAVE PRIOR TO AGE 66. OTHER PLANS FOR RETENTION WERE REVIEWED BY THE COMMITTEES, BUT AFTER MUCH RESEARCH AND ANALYSIS, THE CURRENT PLAN WAS ADOPTED. FORM 990, PART VI, LINE 18- EXPLANATION OF OTHER MEANS FORMS AVAILABLE FOR THE ORGANIZATION WILL FURNISH A COPY OF THEIR FORM 990 AND FORM 1023 UPON WRITTEN REQUEST. FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILAB THE ORGANIZATION WILL FURNISH A COPY OF THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON WRITTEN REQUEST. FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MAINTENANCE TOTAL EXPENSES:277629 PROGRAM SERVICES:255011 MANAGEMENT AND GENERAL:22618 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MATERIALS & SUPPLIES TOTAL EXPENSES:2652137 PROGRAM SERVICES:2463408 MANAGEMENT AND GENERAL:159714 FUNDRAISING:29015 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MISCELLANEOUS TOTAL EXPENSES:1900549 PROGRAM SERVICES:1585624 MANAGEMENT AND GENERAL:203290 FUNDRAISING:111635 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PERFORMERS AND SHOW SET UP TOTAL EXPENSES:4030307 PROGRAM SERVICES:4030307 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PREMIUMS TOTAL EXPENSES:7228050 PROGRAM SERVICES:7228050 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PRINTING TOTAL EXPENSES:167741 PROGRAM SERVICES:162105 MANAGEMENT AND GENERAL:5636 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:RENTS TOTAL EXPENSES:3089710 PROGRAM SERVICES:2389710 MANAGEMENT AND GENERAL:700000 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:RODEO PRODUCTION TOTAL EXPENSES:4206944 PROGRAM SERVICES:4206944 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:SERVICES TOTAL EXPENSES:3233096 PROGRAM SERVICES:3025873 MANAGEMENT AND GENERAL:207223 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:SHOW CLEAN UP TOTAL EXPENSES:1800127 PROGRAM SERVICES:1800127 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:UTILITIES TOTAL EXPENSES:491245 PROGRAM SERVICES:445221 MANAGEMENT AND GENERAL:46024 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:EQUIPMENT RENTAL TOTAL EXPENSES:562341 PROGRAM SERVICES:495323 MANAGEMENT AND GENERAL:67018 San Antonio Livestock Exposition PO Box 200230 San Antonio TX 78220 454533237 Supporting or TX 501(c)(3) Line 12a, I San Antonio false false true false false false false false false false false false false true false false false false false San Antonio livestock exposition education b 4774054 Transferred amo San Antonio livestock exposition education n 125000 Transferred amo