2025-12-18T11:28:23-06:00 2025-03-31 752393478 WHITLEY PENN LLP 640 TAYLOR STREET SUITE 2200 FT WORTH TX 76102 990 2024-04-01 750575065 SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW SOUT 8178772400 PO BOX 150 FORT WORTH TX 76101 MATTHEW R CARTER PRESIDENT/GENERAL MANAGER 8178772400 2025-12-08 1 1 EMILY LANDRY P01614538 8172599100 2024 2025-03-06 01:10:19Z FORT WORTH STOCK SHOW & RODEO MATTHEW R CARTER PO BOX 150 FORT WORTH TX 76101 38158984 0 X WWW.FWSSR.COM X 1948 TX 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. 147 136 767 1800 122500 14451 7129207 7548099 21322597 24454002 1037629 1694096 291747 266424 29781180 33962621 1398234 1928900 0 0 7031327 7517045 0 0 0 19297455 39111097 27727016 48557042 2054164 -14594421 55807077 58906892 14715060 31124174 41092017 27782718 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 26266437 350616 24394215 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. CONTESTS AND COMPETITIONS FOR YOUTH TEST AN INDIVIDUAL OR A TEAM ON KNOWLEDGE OF A SPECIFIC SUBJECT (E.G. CARCASS AND RETAIL MEAT CUT EVALUATION, LIVE ANIMAL EVALUATION, BEEF CATTLE PRODUCTION OR EQUINE MANAGEMENT PRACTICES). ADDITIONAL YOUTH CONTESTS INCLUDE SHOOTING SPORTS, AGRICULTURAL ROBOTICS, AGRICULTURAL MECHANICS (FARM AND RANCH EQUIPMENT), HORTICULTURE AND RANGELAND PLANT IDENTIFICATION TO NAME A FEW. FINALLY, OUR INDUSTRY'S WESTERN HERITAGE IS CELEBRATED DURING 25 PERFORMANCES OF WORLD-CLASS RODEO IN DICKIES ARENA. SPECIALTY RODEOS CELEBRATE LOCAL HERITAGE (E.G. HISPANIC AND AFRICAN AMERICAN CULTURE) WHILE OTHER PERFORMANCES FEATURE THE NATION'S MOST ELITE MALE AND FEMALE ATHLETES IN PROFESSIONAL RODEO THAT COMPETE FOR EQUAL PURSES IN ALL OF THE TRADITIONAL RODEO EVENTS. 19387595 809090 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 & RODEO'S NEEDS, BUT THE NUMEROUS OTHER EQUESTRIAN ORGANIZATIONS AND OTHER PUBLIC EVENTS HELD THERE THROUGHOUT THE BALANCE OF THE YEAR. THIS ASSISTANCE ALSO ENSURES WRMC CONTINUES TO SERVE THE NEEDS OF THE CITIZENS OF FORT WORTH BY PRESERVING ITS ECONOMIC IMPACT AS A MAJOR INCOME PRODUCING ASSET FOR THE CITY. ALL PERMANENT IMPROVEMENTS MADE TO WRMC BY THE CORPORATION ARE TO THE BENEFIT OF, AND TRANSFERRED TO, THE CITY OF FORT WORTH. SINCE MOVING TO WRMC IN 1944, THE CORPORATION HAS MADE AND TRANSFERRED TO THE CITY IN EXCESS OF $84.927 MILLION IN INFLATION-ADJUSTED DOLLARS. 769195 769195 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 EXHIBITIONS, THE ORGANIZATION FACILITATES NUMEROUS CONTESTS AND COMPETITIONS THAT REQUIRE THEM TO HONE THEIR KNOWLEDGE AND SKILLS IN FIELDS SUCH AS ROBOTICS, WILDLIFE HABITAT CONSERVATION, HORTICULTURE, MEAT QUALITY EVALUATION AS WELL AS CULINARY AND FOOD SAFETY SKILLS TO NAME A FEW. SCHOLARSHIP AWARDS ADMINISTERED BY THE ORGANIZATION EXCEEDED $1.227 MILLION IN FISCAL YEAR 2025. AUCTION RECEIPTS FOR YOUTH LIVESTOCK ENTRIES THAT EXCELLED IN THE ORGANIZATION'S VARIOUS EXHIBITIONS ARE ALSO USED BY YOUNG AGRARIANS TO FURTHER THEIR EDUCATIONAL AND AGRICULTURAL PURSUITS. IN ADDITION TO THE ABOVE-MENTIONED EFFORTS, THE ORGANIZATION SUPPORTS OTHER INSTITUTIONS AND YOUTH SCHOLARSHIP PROGRAMS THAT SHARE ITS MISSION AND VALUES. 46423227 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 1 848 19 1 767 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 147 136 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MATTHEW R CARTER 8178772400 3400 BURNETT TANDY DRIVE FORT WORTH TX 76107 ADAM J WALDECK DIRECTOR 0.50 X 0 0 0 ALLEN CRUMLEY DIRECTOR 0.50 X 1150 0 0 BAILEY MCGUIRE DIRECTOR 0.50 X 600 0 0 BECKY RENFRO BORBOLLA DIRECTOR 0.50 X 0 0 0 BILL MOBLY DIRECTOR 0.50 X 0 0 0 BILL POTEET III DIRECTOR 0.50 X 0 0 0 BRAD WHARTON DIRECTOR 0.50 X 0 0 0 BRADFORD S BARNES PRESIDENT 40.00 0.50 X X 678982 0 33272 BRANDON WOODWARD DIRECTOR 0.50 X 400 0 0 BRECK RAY DIRECTOR 0.50 0.10 X 0 0 0 BRIAN E LUIG DIRECTOR 0.50 X 0 0 0 BRYAN LILES DIRECTOR 0.50 X 200 0 0 CB TEAM IV DIRECTOR 0.50 X 300 0 0 CAREY W WILLIAMS DIRECTOR 0.50 X 0 0 0 CAROL FAULKENBERRY DIRECTOR 0.50 X 550 0 0 CHARLIE GEREN VICE PRESIDENT 0.50 X X 0 0 0 CHARLIE ROYER III DIRECTOR 0.50 0.20 X 1150 0 0 CHRIS FARLEY DIRECTOR 0.50 X 0 0 0 CHRIS HARRISON DIRECTOR 0.50 X 500 0 0 CHRIS QUINN DIRECTOR 0.50 X 0 0 0 CLAY GILMER DIRECTOR 0.50 X 0 0 0 CLAYTON E MELTON DIRECTOR 0.50 X 0 0 0 CRAWFORD EDWARDS DIRECTOR 0.50 X 0 0 0 DANNIE J BRUCE JR DIRECTOR 0.50 X 3080 0 0 DARREN HENKEN DIRECTOR 0.50 X 6400 0 0 DAVE APPLETON DIRECTOR 0.50 X 0 0 0 DAVID GALLAGHER DIRECTOR 0.50 X 0 0 0 DAVID MCDAVID DIRECTOR 0.50 X 0 0 0 DEBRA JOHNSON HEAD DIRECTOR 0.50 X 0 0 0 DEE KELLY JR DIRECTOR 0.50 0.10 X 0 0 0 DEMAR SCIUTO DIRECTOR 0.50 X 200 0 0 DOUG CASSIDY DIRECTOR 0.50 X 0 0 0 EDDIE SANDOVAL III DIRECTOR 0.50 X 400 0 0 EDWARD P BASS CHAIRMAN EMERITUS 0.50 1.00 X X 0 0 0 ELAINE B AGATHER SECRETARY 0.50 X X 0 0 0 F D QUINN III DIRECTOR 0.50 X 250 0 0 FLN NEVE DIRECTOR 0.50 X 0 0 0 G MARTIN PHILLIPS DIRECTOR 0.50 X 0 0 0 GARY GRIFFIN DIRECTOR 0.50 X 0 0 0 GARY ROSENBUSCH DIRECTOR 0.50 X 1400 0 0 GAVIN MASSINGILL DIRECTOR 0.50 X 500 0 0 GEORGE M YOUNG JR DIRECTOR 0.50 X 0 0 0 GERALD H PERRY DIRECTOR 0.50 X 0 0 0 GILBERT GAMEZ III DIRECTOR 0.50 X 1150 0 0 GLENN BECK DIRECTOR 0.50 X 0 0 0 GORDON H ROBERTS DIRECTOR 0.50 X 0 0 0 GREG MORSE DIRECTOR 0.50 X 0 0 0 HAL RAY DIRECTOR 0.50 X 0 0 0 HOWARD PENA DIRECTOR 0.50 X 0 0 0 HUNTER JOHNSON DIRECTOR 0.50 X 0 0 0 J BRYAN KING DIRECTOR 0.50 X 0 0 0 J C PACE III DIRECTOR 0.50 X 0 0 0 J D JOHNSON DIRECTOR 0.50 X 0 0 0 J R WILLIAMS III DIRECTOR 0.50 X 0 0 0 J T AUGHINBAUGH DIRECTOR 0.50 X 0 0 0 J TYLER MORRIS DIRECTOR 0.50 X 0 0 0 JAKE RICHTER DIRECTOR 0.50 X 0 0 0 JAMIE MORGAN DIRECTOR 0.50 X 0 0 0 JASON LESIKAR DIRECTOR 0.50 X 0 0 0 JAY EWING DIRECTOR 0.50 X 150 0 0 JEFFREY H CONNER DIRECTOR 0.50 X 0 0 0 JOE BRHLIK DIRECTOR 0.50 X 400 0 0 JOHN J HERNANDEZ DIRECTOR 0.50 X 0 0 0 JOHN L LEWIS DIRECTOR 0.50 X 500 0 0 JOHN MENZIES DIRECTOR 0.50 X 300 0 0 JOHN MICHAEL FIERER DIRECTOR 0.50 X 0 0 0 JOHN P BOSWELL DIRECTOR 0.50 X 0 0 0 JOHN T GAVIN 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 JULIE PORTER MAYFIELD DIRECTOR 0.50 X 220 0 0 KACEY CORNELIUS DIRECTOR 0.50 X 1150 0 0 KATE JOHNSON DIRECTOR 0.50 X 0 0 0 KATHLEEN CARTER DIRECTOR 0.50 X 0 0 0 KELLY LYNCH DIRECTOR 0.50 X 1045 0 0 KELLY RILEY DIRECTOR 0.50 X 250 0 0 KELLY THOMPSON DIRECTOR 0.50 X 0 0 0 KENT LYNCH DIRECTOR 0.50 X 1304 0 0 KIMBERLY JOHNSON DIRECTOR 0.50 X 0 0 0 KIT MONCRIEF DIRECTOR 0.50 X 0 0 0 LANCE CARTER DIRECTOR 0.50 X 0 0 0 LARRY ANFIN DIRECTOR 0.50 X 0 0 0 LORENE AGATHER DIRECTOR 0.50 X 0 0 0 LOUIS E MARTIN III DIRECTOR 0.50 X 0 0 0 LOWELL BOSWELL DIRECTOR 0.50 X 0 0 0 MADELON L BRADSHAW DIRECTOR 0.50 X 0 0 0 MARK LANSFORD DIRECTOR 0.50 X 300 0 0 MARK NURDIN DIRECTOR 0.50 X 0 0 0 MARTIN RICHTER DIRECTOR 0.50 X 1150 0 0 MARY BETH MILLETT DIRECTOR 0.50 X 900 0 0 MARY MARGARET STERLING DIRECTOR 0.50 X 0 0 0 MARY RALPH LOWE DIRECTOR 0.50 X 0 0 0 MASON KING DIRECTOR 0.50 X 0 0 0 MAT GALLITON DIRECTOR 0.50 X 1980 0 0 MATTHEW CARTER SENIOR EXECUTIVE VICE PRESIDENT/GENERAL MANAGER 40.00 1.00 X 425309 0 22746 MICHAEL B HARRISON DIRECTOR 0.50 X 400 0 0 MICHAEL D BORNITZ DIRECTOR 0.50 X 0 0 0 MICHAEL D WARNER DIRECTOR 0.50 X 400 0 0 MICHELE HAHNFELD DIRECTOR 0.50 X 0 0 0 MIKE BERRY DIRECTOR 0.50 X 0 0 0 MIKE MONCRIEF DIRECTOR 0.50 X 0 0 0 MIKE SANDS DIRECTOR 0.50 X 400 0 0 MORRIS L SHEATS II DIRECTOR 0.50 X 50 0 0 PAM MINICK DIRECTOR 0.50 X 1000 0 0 PAT HAMILTON DIRECTOR 0.50 X 700 0 0 PAXTON MOTHERAL DIRECTOR 0.50 X 1150 0 0 PHILIP C WILLIAMSON CHAIRMAN OF THE BOARD 0.50 0.10 X X 0 0 0 PHILIP E NORWOOD DIRECTOR 0.50 X 0 0 0 PHILIP L SCHUTTS DIRECTOR 0.50 X 500 0 0 R BLAIR NORMAN DIRECTOR 0.50 X 0 0 0 R MIKE LANSFORD DIRECTOR 0.50 X 300 0 0 RANDY RODGERS TREASURER 0.50 X X 0 0 0 RANDY UPSHAW DIRECTOR 0.50 X 500 0 0 RANDY WATSON DIRECTOR 0.50 X 0 0 0 RAYMOND P LOPEZ DIRECTOR 0.50 X 125 0 0 REBECCA CLEGG EMERGY DIRECTOR 0.50 X 0 0 0 ROB FELTON DIRECTOR 0.50 X 0 0 0 ROBERT H MERRILL DIRECTOR 0.50 X 0 0 0 ROBERT HEROD DIRECTOR 0.50 X 2844 0 0 ROBERT L PATTON DIRECTOR 0.50 X 0 0 0 RODNEY WOODSON DIRECTOR 0.50 X 0 0 0 ROLAND K JOHNSON DIRECTOR 0.50 X 350 0 0 ROSARIO VILLALPANDO DIRECTOR 0.50 X 0 0 0 ROSS PEROT JR DIRECTOR 0.50 X 0 0 0 ROY J EATON DIRECTOR 0.50 X 0 0 0 ROZANNE ROSENTHAL DIRECTOR 0.50 X 0 0 0 SCOTT KLEBERG VICE PRESIDENT 0.50 X X 0 0 0 SCOTT PRINCE DIRECTOR 0.50 X 0 0 0 SHERMAN JONES DIRECTOR 0.50 X 1150 0 0 STORMY MULLINS DIRECTOR 0.50 X 6469 0 0 T ROSS BAILEY DIRECTOR 0.50 X 0 0 0 TED FORD DIRECTOR 0.50 X 150 0 0 THEO THOMPSON DIRECTOR 0.50 X 1150 0 0 THOMAS B REYNOLDS DIRECTOR 0.50 X 0 0 0 THOMAS B SAUNDERS V DIRECTOR 0.50 X 0 0 0 TODD DAVENPORT DIRECTOR 0.50 X 0 0 0 TODD TIPPETT DIRECTOR 0.50 X 400 0 0 TOM FELLER DIRECTOR 0.50 X 0 0 0 TRENT PRIM DIRECTOR 0.50 X 1150 0 0 TREY GORDON DIRECTOR 0.50 X 0 0 0 VON R BOX DIRECTOR 0.50 X 900 0 0 WARREN E MAYBERRY DIRECTOR 0.50 X 400 0 0 WILLIAM C ANDERSON DIRECTOR 0.50 X 0 0 0 WILLIAM D RATLIFF IV DIRECTOR 0.50 X 0 0 0 WILSON D FRANKLIN DIRECTOR 0.50 X 0 0 0 WILSON MARTIN DIRECTOR 0.50 X 240 0 0 WM DAVID MOORE DIRECTOR 0.50 X 0 0 0 BRUCE MCCARTY EXECUTIVE VICE PRESIDENT 40.00 X 251822 0 16122 KIMBERLY DEWOODY FINANCE DIRECTOR 40.00 0.50 X 265267 0 15378 LAUREN MURRAY DEPARTMENT MANAGER 40.00 X 159917 0 15333 STEFAN MARCHMAN DEPARTMENT MANAGER 40.00 X 153672 0 11384 APRIL JORDAN SENIOR ACCOUNTANT 40.00 X 115500 0 1088 DAVID BROCKMAN DEPARTMENT MANAGER 40.00 X 149467 0 15299 DOUGLAS WHITE DEPARTMENT MANAGER 40.00 X 145390 0 15279 JESSICA BIRGE DEPARTMENT MANAGER 40.00 X 146355 0 15365 KAREN MAYNARD ACCOUNTING ASSISTANT 40.00 0.50 X 117787 0 15094 2658075 0 176360 13 0 1 0 LONE STAR ELECTRIC 2320 CULLEN ST FORT WORTH TX 76107 ELECTRICAL CONTRACTOR 178687 REAL SCREEN VIDEO 4801 SOUTH BULLARD CHAPEL RD TISHOMINGO OK 73460 PUBLIC RELATIONS 140000 THE R B POWERS CO 118 W HIGH ST ASHLEY OH 43003 RIBBONS 106858 3 28550 35000 7484549 7548099 RODEO & LIVESTOCK SHOW 711210 24336777 24214277 122500 OTHER PROGRAM INCOME 711210 106160 106160 LIVESTOCK SALES 110000 11065 11065 24454002 1041268 1041268 4619523 3966695 652828 652828 652828 201769 28550 70606 131163 131163 212390 139842 72548 72548 81933 19220 62713 62713 33962621 24394215 122500 1897807 1195125 1195125 733775 733775 2641597 2245695 395902 3774552 3208853 565699 529962 450536 79426 139279 118405 20874 431655 366962 64693 48916 48916 84387 84387 223657 223657 44119 44119 323963 323963 160510 67458 93052 151925 151925 831632 644246 187386 73400 9755 63645 133081 108877 24204 302621 242097 60524 WRMC IMPROVEMENTS 18578505 18578505 STOCK SHOW AND RODEO 17913301 17913301 CALF SCRAMBLE EXPENSE 137453 137453 FINANCE CHARGES 103627 34102 69525 48557042 46423227 2133815 0 140328 73736 5943 8843 1567954 2113897 38420 57040 3574349 2622488 962021 951861 45253519 48110348 321277 321219 3780589 3194341 3737026 4075607 55807077 58906892 399290 95010 10461319 27763473 126545 54686 3727906 3211005 14715060 31124174 X 36689590 22735654 4402427 5047064 41092017 27782718 55807077 58906892 X -14594421 508232 776890 X X 0 1 X 1 0 X 1783834 6717297 6401668 7129207 7548099 29580105 12442 18502878 22057971 21348172 24413435 86334898 1796276 25220175 28459639 28477379 31961534 115915003 0 40089 40089 40089 40089 115874914 367387 406529 649091 925410 1041268 3389685 367387 406529 649091 925410 1041268 3389685 100040 122500 222540 2163663 25626704 29108730 29502829 33125302 119527228 0.96940 0.97460 0.02840 0.02420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 921292 399311 521981 2427862 2014803 413059 225195 208374 16821 951861 FWISD PARKING RECEIVABLE 87178 DEFINED BENEFIT PLAN 3910429 CITY OF FORT WORTH WRMC RENOVATIONS 78000 4075607 LONG TERM PORTION OF RENT 3211005 3211005 X 35205162 508232 796110 1304342 33900820 223657 -161856 61801 33962621 48514461 19220 19220 48495241 223657 -161856 61801 48557042 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, 2025 AND 2024. 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, 2025 AND 2024. 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 STOCK SHOW 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 776,890. COST OF MERCHANDISE SOLD 19,220. PART XI, LINE 4B - OTHER ADJUSTMENTS: RAFFLE EXPENSES -161,856. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF MERCHANDISE SOLD 19,220. PART XII, LINE 4B - OTHER ADJUSTMENTS: RAFFLE EXPENSES -161,856. LIVESTOCK APPRECIATION DAY LUNCHEON 95350 8800 86550 32497 687 SHOOT FOR SCHOLARSHIPS 72210 4750 67460 1080 13238 3209 4240 1 62759 15000 47759 990 5500 8364 801 230319 28550 201769 2070 18738 44070 5728 70606 131163 212390 84767 55075 0 212390 84767 55075 139842 72548 TX 1 0 1 0 1.00000 SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW PO BOX 150 FORT WORTH TX 76101 1 212390 14867 BUMP WORLDWIDE PO BOX 936714 ATLANTA GA 31193 0 1 TEXAS COWBOY HALL OF FAME 2515 RODEO PLZ FORT WORTH TX 76164 300130037 501(C)(3) 5500 0 EDUCATION TARRANT COUNTY BLACK HISTORIC & GENEALOGICAL SOCIETY PO BOX 50483 FORT WORTH TX 76105 751790805 501(C)(3) 7500 0 EDUCATION NATIONAL MULTICULTURAL WESTERN HERITAGE MUSEUM 2401 SCOTT AVE FORT WORTH TX 76103 752961984 501(C)(3) 10000 0 EDUCATION JUNIOR LEAGUE OF FORT WORTH 255 BAILEY AVE FORT WORTH TX 76107 756022377 501(C)(3) 27360 0 EDUCATION FORT WORTH MUSEUM OF SCIENCE AND HISTORY 1600 GENDY ST FORT WORTH TX 76107 750755335 501(C)(3) 50000 0 EDUCATION NATIONAL COWGIRL MUSEUM & HALL OF FAME 1720 GENDY ST FORT WORTH TX 76107 751486136 501(C)(3) 50000 0 EDUCATION COOK CHILDRENS MEDICAL CENTER 801 7TH AVE FORT WORTH TX 76104 752051646 501(C)(3) 60100 0 EDUCATION CAREITY FOUNDATION PO BOX 126038 FORT WORTH TX 76126 061704800 501(C)(3) 63000 0 EDUCATION MUSTANG CHAMPIONS PO BOX 5768 LAGO VISTA TX 78645 881550840 501(C)(3) 116211 0 EDUCATION 9 ART CONTEST SCHOLARSHIPS 51 52400 CALF SCRAMBLE STUDENT AG AWARDS AND SCHOLARSHIPS 292 276875 COMMERCIAL HEIFER SCHOLARSHIPS 15 14500 EQUINE SCHOLARSHIPS 39 90000 FFA SCHOLARSHIPS 38 71500 HEIFER BEEF CHALLENGE SCHOLARSHIPS 20 49500 TEXAS M.A.D.E. 16 46500 VARIOUS SCHOLARSHIPS 52 50500 4-H SCHOLARSHIPS 40 82000 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 418982 0 260000 0 0 0 1139 0 32133 0 712254 0 0 0 MATTHEW CARTER SENIOR EXECUTIVE VICE PRESIDENT/GENE 375309 0 50000 0 0 0 590 0 22156 0 448055 0 0 0 KIMBERLY DEWOODY FINANCE DIRECTOR 240267 0 25000 0 0 0 414 0 14964 0 280645 0 0 0 BRUCE MCCARTY EXECUTIVE VICE PRESIDENT 226822 0 25000 0 0 0 1199 0 14923 0 267944 0 0 0 LAUREN MURRAY DEPARTMENT MANAGER 143917 0 16000 0 0 0 369 0 14964 0 175250 0 0 0 STEFAN MARCHMAN DEPARTMENT MANAGER 137672 0 16000 0 0 0 416 0 10968 0 165056 0 0 0 DAVID BROCKMAN DEPARTMENT MANAGER 134467 0 15000 0 0 0 335 0 14964 0 164766 0 0 0 JESSICA BIRGE DEPARTMENT MANAGER 131355 0 15000 0 0 0 401 0 14964 0 161720 0 0 0 DOUGLAS WHITE DEPARTMENT MANAGER 130390 0 15000 0 0 0 315 0 14964 0 160669 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. CAREY WILLIAMS EXECUTIVE MANAGER OF JAMES WOOD MOTORS OF NTCD. DIRECTOR OF SW EXPO. 285000 NORTH TEXAS CHEVY DEALERS (NTCD) IS A MAJOR SPONSOR OF THE STOCK SHOW THAT PROVIDES SPONSORSHIP REVENUE. 0 PHILIP C WILLIAMSON CONTRACT EMPLOYEE OF WILLIAMSON-DICKIE MANUFACTURING CO. DIRECTOR OF SW EX. 302537 WILLIAMSON-DICKIE MANUFACTURING CO. IS A MAJOR SPONSOR OF THE STOCK SHOW THAT PROVIDES SPONSORSHIP REVENUE. 0 ELAINE AGATHER AND J T AUGHINBAUG BOTH ELAINE AND J. T. ARE EMPLOYED BY JPMORGAN. DIRECTORS OF SW EXPO. 100000 JPMORGAN IS A MAJOR SPONSOR OF THE STOCK SHOW THAT PROVIDES SPONSORSHIP REVENUE. 0 J BRYAN KING AND MASON KING PRINCIPALS OF LUTHER KING CAPITAL MANAGEMENT. DIRECTORS OF SW EXPO. 281884 LUTHER KING CAPITAL MANAGEMENT MANAGES A PORTION OF THE STOCK SHOW INVESTMENTS ON A STANDARD FEE BASIS. 0 JULIE PORTER MAYFIELD EMPLOYED BY AGTRUST FARM CREDIT. DIRECTOR OF SW EXPO. 202914 AGTRUST FARM CREDIT IS A MAJOR SPONSOR OF THE STOCK SHOW THAT PROVIDES SPONSORSHIP REVENUE. 0 MATTHEW CARTER DIRECTOR OF AGTRUST FARM CREDIT AND SW EXPO. 202914 AGTRUST FARM CREDIT IS A MAJOR SPONSOR OF THE STOCK SHOW THAT PROVIDES SPONSORSHIP REVENUE. 0 EDWARD P BASS OWNER OF SUNDANCE SQUARE. DIRECTOR OF SW EXPO. 150000 SUNDANCE SQUARE IS A SPONSOR OF THE STOCK SHOW 0 MIKE BERRY EMPLOYED BY HILLWOOD, A PEROT COMPANY. DIRECTOR OF SW EXPO. 122289 HILLWOOD IS A SPONSOR OF THE STOCK SHOW. 0 FORM 990, PART VI, SECTION A, LINE 2 BAILEY MCGUIRE, DEMAR SCIUTO AND DEBRA JOHNSON HEAD HAVE A FAMILY RELATIONSHIP. JOHN P. BOSWELL AND LOWELL BOSWELL HAVE A FAMILY RELATIONSHIP. JON BRUMLEY AND JONNY BRUMLEY HAVE A FAMILY RELATIONSHIP. KATHLEEN CARTER AND LANCE CARTER HAVE A FAMILY RELATIONSHIP. MICHAEL B. HARRISON AND CHRIS HARRISON HAVE A FAMILY RELATIONSHIP. MARY MARGARET RICHTER AND MARTIN RICHTER HAVE A FAMILY RELATIONSHIP. RANDY RODGERS AND CRAWFORD 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 MASON 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. TRENT PRIM AND BRADFORD S. BARNES HAVE A FAMILY RELATIONSHIP. CHARLIE ROYER AND AMY MYERS HAVE A FAMILY RELATIONSHIP. JOHN P. BOSWELL, CHARLIE GEREN, GREG MORSE, AND DEE KELLY 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 CHARLIE GEREN HAVE A BUSINESS RELATIONSHIP. J. BRYAN KING, MASON KING, AND MICHAEL BORNITZ HAVE A BUSINESS RELATIONSHIP. J. BRYAN KING, MASON KING, RANDY RODGERS, SCOTT KLEBERG, AND MICHAEL BORNITZ HAVE A BUSINESS RELATIONSHIP. JAMIE MORGAN AND RANDY WATSON HAVE A BUSINESS RELATIONSHIP. THEO THOMPSON AND GORDON ROBERTS 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 776,890. 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 PO BOX 150 FORT WORTH TX 76101 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 0 1 1 0 0 AGRICULTURAL DEVELOPMENT FUND Q 213286 FMV AGRICULTURAL DEVELOPMENT FUND C 35000 FMV EVENT FACILITIES FORT WORTH INC K 1 CASH EVENT FACILITIES FORT WORTH INC Q 50849 COST