Civic Intelligence

The Western Stock Show Association

EIN 84-0517361 • 501(c)3 • Denver, CO

Profile

The association is an educational organization whose primary purpose includes (1) livestock production education, (2) educational development of youth, and (3) educating the general public. See "schedule o" for a full description of the organization's mission.

4655 Humboldt StreetDenver, CO 80216-2818

www.nationalwestern.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

36th percentile

0.15x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

44th percentile

0.34x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Net Margin

88th percentile

39%

Higher net margin than 88% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

56th percentile

$544,848

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Asset Growth

93rd percentile

34%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

60th percentile

12%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Assets

Up

$111,526,361

Up $41,426,742 (+59%) from 2023

Liabilities

Up

$17,114,032

Up $5,512,510 (+48%) from 2023

Net Assets

Up

$94,412,329

Up $35,914,232 (+61%) from 2023

Revenue

Up

$49,810,409

Up $10,710,331 (+27%) from 2023

Expenses

Down

$30,361,789

Down $8,205,386 (-21%) from 2023

Net Income

Up

$19,448,620

Up $18,915,717 (+3550%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2011: $39,790,012Liabilities 2011: $6,029,614Net Assets 2011: $33,760,3982011Assets 2012: $38,772,769Liabilities 2012: $6,010,381Net Assets 2012: $32,762,3882012Assets 2013: $38,793,625Liabilities 2013: $6,047,709Net Assets 2013: $32,745,9162013Assets 2014: $38,698,575Liabilities 2014: $6,339,112Net Assets 2014: $32,359,4632014Assets 2015: $39,713,443Liabilities 2015: $6,208,558Net Assets 2015: $33,504,8852015Assets 2016: $46,226,494Liabilities 2016: $5,707,300Net Assets 2016: $40,519,1942016Assets 2017: $53,558,336Liabilities 2017: $10,266,956Net Assets 2017: $43,291,3802017Assets 2018: $64,873,765Liabilities 2018: $11,289,495Net Assets 2018: $53,584,2702018Assets 2019: $58,518,705Liabilities 2019: $10,874,110Net Assets 2019: $47,644,5952019Assets 2020: $82,529,482Liabilities 2020: $10,665,037Net Assets 2020: $71,864,4452020Assets 2021: $78,537,975Liabilities 2021: $9,753,935Net Assets 2021: $68,784,0402021Assets 2022: $72,710,751Liabilities 2022: $14,738,068Net Assets 2022: $57,972,6832022Assets 2023: $70,099,619Liabilities 2023: $11,601,522Net Assets 2023: $58,498,0972023Assets 2025: $111,526,361Liabilities 2025: $17,114,032Net Assets 2025: $94,412,3292025

Highlighted filing

2025

Assets$111,526,361
Liabilities$17,114,032
Net Assets$94,412,329

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2011: $13,142,3872011Revenue 2012: $14,943,188Expenses 2012: $15,996,121Net Income 2012: -$1,052,9332012Expenses 2013: $15,960,8222013Revenue 2014: $17,123,143Expenses 2014: $17,527,903Net Income 2014: -$404,7602014Revenue 2015: $18,765,117Expenses 2015: $17,621,129Net Income 2015: $1,143,9882015Revenue 2016: $26,173,693Expenses 2016: $19,153,069Net Income 2016: $7,020,6242016Revenue 2017: $23,030,552Expenses 2017: $20,262,053Net Income 2017: $2,768,4992017Revenue 2018: $34,030,446Expenses 2018: $23,784,079Net Income 2018: $10,246,3672018Revenue 2019: $33,182,028Expenses 2019: $39,128,527Net Income 2019: -$5,946,4992019Revenue 2020: $49,917,896Expenses 2020: $25,698,046Net Income 2020: $24,219,8502020Revenue 2021: $9,274,199Expenses 2021: $12,354,604Net Income 2021: -$3,080,4052021Revenue 2022: $39,147,605Expenses 2022: $49,958,630Net Income 2022: -$10,811,0252022Revenue 2023: $39,100,078Expenses 2023: $38,567,175Net Income 2023: $532,9032023Revenue 2025: $49,810,409Expenses 2025: $30,361,789Net Income 2025: $19,448,6202025

Highlighted filing

2025

Revenue$49,810,409
Expenses$30,361,789
Net Income$19,448,620

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$112$17.1$94.4$49.8$30.4$19.4
2023Summary only. Only limited summary data is available for this year.$70.1$11.6$58.5$39.1$38.6$0.53
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.7$14.7$58.0$39.1$50.0$10.8
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$78.5$9.75$68.8$9.27$12.4$3.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.5$10.7$71.9$49.9$25.7$24.2
2019Summary only. Only limited summary data is available for this year.$58.5$10.9$47.6$33.2$39.1$5.95
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.9$11.3$53.6$34.0$23.8$10.2
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$53.6$10.3$43.3$23.0$20.3$2.77
2016Detailed filing. Detailed filing data is available for this year.$46.2$5.71$40.5$26.2$19.2$7.02
2015Detailed filing. Detailed filing data is available for this year.$39.7$6.21$33.5$18.8$17.6$1.14
2014Detailed filing. Detailed filing data is available for this year.$38.7$6.34$32.4$17.1$17.5$0.40
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.8$6.05$32.7$16.0
2012Summary only. Only limited summary data is available for this year.$38.8$6.01$32.8$14.9$16.0$1.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.8$6.03$33.8$13.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 11, 2026
Return Version
2024v5.5
Gross Receipts
$51,948,349
Mission and Program Overview

Mission

The association is an educational organization whose primary purposes include (1) livestock production education (2) educational development of youth, and (3) educating the general public. See "schedule o" for a full description of the organization's mission.

Education of livestock production, development of youth, and educating the general public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$27,796,537$70,346,635▲ $42,550,098
Savings and Temporary Cash Investments$34,470,932$23,822,671▼ $10,648,261
Pledges and Grants Receivable$18,694,347$15,878,092▼ $2,816,255
Accounts Receivable$2,128,348$1,356,233▼ $772,115
Prepaid Expenses and Deferred Charges$114,791$79,261▼ $35,530
Cash and Non-Interest-Bearing Accounts$19,231$40,332▲ $21,101
Total Assets$83,373,681$111,526,361▲ $28,152,680
Other Assets Total$149,495$3,137▼ $146,358
Liabilities
Other Liabilities$7,181,324$8,578,225▲ $1,396,901
Mortgage Notes Payable Secured by Investment Property$0$6,655,466▲ $6,655,466
Accounts Payable and Accrued Expenses$1,223,005$1,880,341▲ $657,336
Total Liabilities$8,404,329$17,114,032▲ $8,709,703
Net Assets / Fund Balance
Net Assets With Donor Restrictions$55,694,778$67,317,202▲ $11,622,424
Net Assets Without Donor Restrictions$19,274,574$27,095,127▲ $7,820,553
Total Net Assets Fund Balance$74,969,352$94,412,329▲ $19,442,977
Total Liabilities and Net Assets / Fund Balance$83,373,681$111,526,361▲ $28,152,680

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$56,730,381$1,402,334$58,132,715
Land$13,204,815-$13,204,815
Buildings$411,439$236,191$647,630
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul AndrewsPresident & CEO - Term Ended Jan 2025FT$483,099$61,749$544,848
Paul AndrewsPresident & CEO - Term Ended Jan 202-$277,186$267,662$544,848
John EllisStaff VP of Partnership &FT$306,358$84,781$391,139
Jeffrey ChildsStaff VP & CFOFT$262,287$71,626$333,913
Kyle BaunStaff VP of Ticket & EventFT$175,139$66,307$241,446
Leon VickStaff VP of Rodeo, Horse &FT$157,204$67,779$224,983
Clint ChitseyVice President of Event OpFT$142,242$68,811$211,053

Board Members and Trustees

NameTitle
Doug JonesChairman
Peter CoorsChairman, Capital Campaign
Ron WilliamsFormer Chairman/director
Barth WhithamVice Chairman of the Board
Brooke FoxDirector
Dr Tony FrankDirector
Guy McendafferDirector
Jj AmentDirector
Justin CummingDirector
Luke LindDirector
Michael LongDirector
Nancy Tuor MooreDirector
Patrick GrantDirector
Stanton DodgeDirector
Sue Anschutz-rodgersDirector
Terrance CarrollDirector
Mark GustafsonSecretary
Bruce WagnerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Saunders Construction INCBuilding Contractor85 INVERNESS PLACE NORTH, Englewood, CO 80112$41,576,161
Ssa Group LLCConcessions4624 CENTRAL PARK BLVD, Denver, CO 80238$799,953
PrcaProduction101 PRO RODEO DRIVE, Colorado Springs, CO 80919$604,380
Tryba ArchitectsBuilding Contractor1620 LOGAN ST, Denver, CO 80203$544,133
Mike Cervi Championship Rodeo LLCProductionPO BOX 1930, Greeley, CO 80632$440,747
Revenue and Support

Revenue Composition

Contributions and Grants
$14,327,578
Program Service Revenue
$27,655,559
Investment Income
$7,894,882
Other Revenue
$-67,610
All Other Contributions
$13,700,516
Change in Net Assets
$19,448,620

Audited Revenue Reconciliation

Revenue per Audited Statements
$46,466,085
Revenue Not Reported on Financial Statements
$3,344,324
Revenue Not Reported on Form 990
$-5,643
Other Revenue Adjustments
$3,344,324
Total Revenue per Audited Statements
$46,460,442
Total Revenue per Form 990
$49,810,409
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,464,203
Salaries, Compensation, and Employee Benefits$8,343,652
Total Fundraising Expense$4,599,156
Grants and Similar Amounts Paid$553,934
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,655,517$581,637$1,056,115$6,293,269
Occupancy$2,003,283$39,507$582,460$2,625,250
All Other Expenses$2,051,480$152,624$351,624$2,555,728
Advertising$8,036$527,428$505,125$1,040,589
Other Expenses$634,233$193,076$140,213$967,522
Insurance$631,639$196,180$31,833$859,652
Office Expenses$489,755$69,860$134,522$694,137
Payroll Taxes$512,867$47,293$111,778$671,938
Current Officers, Directors, Trustees, and Key Employees$613,635$55,928-$669,563
Grants to Domestic Orgs$553,934--$553,934
Other Employee Benefits$296,469$29,573$175,814$501,856
Travel$316,912$54,871$97,996$469,779
Depreciation Depletion$211,400$6,239$66,713$284,352
Fees for Services Other$152,252$61,290-$213,542
Pension Plan Contributions$112,581$23,300$71,145$207,026
Fees for Services Lobbying-$137,500-$137,500
Fees for Services Accounting$58,831$25,213-$84,044
Fees for Services Legal$18,649$7,993-$26,642
Interest--$23,741$23,741
Conferences and Meetings$203$183-$386
Total Functional Expenses$23,225,248$2,537,385$4,599,156$30,361,789

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$30,361,789
Expenses per Audited Statements$26,863,857
Total Expenses per Audited Statements$26,863,857
Expenses Not Reported on Financial Statements$3,497,932
Other Expense Adjustments$3,497,932
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Western Stock Show Association Scholarship TrustDenver, CO501(c)(3)Scholarship$553,934
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,137,940
Fundraising Gross Income$2,070,330
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Coors Western Art Sale and Exhibit$1,944,196$1,903,938$1,544,823$359,115
Citizen of the West Dinner$534,832$166,392$155,476$10,916
Total Events$2,479,028$2,070,330$2,137,940$-67,610
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Other$4,138,046
Refundable Deposits$2,911,944
Accrued Compensation$974,301
Due to Nwss Scholarship Trust$553,934
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Persons interested in the educational purposes of the association in the fields of livestock and agriculture who desire to become members of the association shall submit to the association letters of support for such membership from two members of the association, one of whom is a trustee of the association. The board of directors shall review all membership applications and accept (or reject) them at its next annual meeting. Upon acceptance of the application by the board of directors, and payment of the current membership fee, the applicant shall become a member of the association. The secretary/treasurer of the association prepares and issues membership certificates in such form as approved from time to time by the board of directors. Except for surviving spouses whose membership carry no voting rights, each member shall be entitled to cast one vote on each issue or nominee upon which a vote is taken at any meeting of the members of the association. A member entitled to vote may vote in person or may vote by proxy, in writing, executed by the member of his or her duly authorized attorney in fact.

Form 990, Part VI, Section A, Line 7A

The executive committee will be comprised of the chair of the trustees, the vice chair, the secretary/treasurer and up to two additional directors elected by the board of directors. The president will serve ex officio. The chair of the trustees shall be the chair of the executive committee. Any vacancy in the executive committee may be filled by a resolution adopted by a majority of the board of directors.

Form 990, Part VI, Section B, Line 11B

A copy of the complete form 990 is provided to the board of directors prior to filing the tax return.

Form 990, Part VI, Section B, Line 12C

An annual questionnaire is required to be completed by the board of directors at the annual board meeting to monitor and enforce compliance with the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

The association maintains a public disclosure notebook at its administrative offices which is available upon request during normal business hours.

Filing and Contact Details

Filer

Filer Name
The Western Stock Show Association
EIN
84-0517361
Phone
3032971116
Address
4655 HUMBOLDT STREET, DENVER, CO 80216-2818
Doing Business As
National Western Stock Show

Signing Officer

Name
Wes Allison
Title
President/CEO
Phone
3032971116
Signed
2026-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wes Allison
Formed
1905
Legal Domicile
Co
Voting Board Members
17
Independent Board Members
17
Employees
660
Volunteers
978

Preparer

Firm
Plante & Moran Pllc
Address
8181 E TUFTS AVE SUITE 600, DENVER, CO 80237
Preparer
Dori J Eggett
Phone
3037409400
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1:

The association is an educational organization whose primary purposes include (1) improving agricultural and livestock production in the western states through education of farmers, ranchers and livestock producers, (2) promoting the educational development of youth interest in working in agriculture and livestock production, and (3) educating the general public as to the agriculture and livestock production industries. An auxiliary purpose of the association is to preserve and promote american western culture, values and the western heritage of this part of the country.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Direct expenses of off-season complex shows, non-exempt 3,344,324.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Direct expenses of off-season complex shows, non-exempt 3,344,324. Planning costs 147,125. Other mg&a 6,483.

Raw XML AppendixShowing 400 of 878 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0EDUCATION OF LIVESTOCK PRODUCTION, DEVELOPMENT OF YOUTH, AND EDUCATING THE GENERAL PUBLIC.
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IRS990/BooksInCareOfDetail/USAddress/CityNm0DENVER
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IRS990/Desc0PRESENTATION OF THE NATIONAL WESTERN STOCK SHOW, HORSE SHOW ANDRODEO: WSSA ORGANIZATIONAL DOCUMENTS AND APPLICATION FOR TAXEXEMPT STATUS REQUIRE IT TO PRODUCE THE SHOW EACH YEAR. THE SHOWTAKES PLACE AT THE NATIONAL WESTERN COMPLEX IN DENVER, CO EVERYJANUARY, AND FOR THE LAST SEVERAL YEARS HAS BEEN ATTENDED BY OVER600,000 PEOPLE. DETAILED INFORMATION ON THE VARIOUS EDUCATIONALACTIVITIES AND BENEFITS OF THIS ANNUAL EVENT IS FAR TOO EXTENSIVETO BE PRESENTED ON A SUMMARY SCHEDULE IN FORM 990.
IRS990/DescribedInSection501c3Ind01
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRMAN, CAPITAL CAMPAIGN
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt16FORMER CHAIRMAN/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT & CEO - TERM ENDED JAN 2025
IRS990/Form990PartVIISectionAGrp/TitleTxt19STAFF VP & CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt20STAFF VP OF TICKET & EVENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21STAFF VP OF RODEO, HORSE &
IRS990/Form990PartVIISectionAGrp/TitleTxt22VICE PRESIDENT OF EVENT OP
IRS990/Form990PartVIISectionAGrp/TitleTxt23STAFF VP OF PARTNERSHIP &
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IRS990/MissionDesc0THE ASSOCIATION IS AN EDUCATIONAL ORGANIZATION WHOSE PRIMARY PURPOSES INCLUDE (1) LIVESTOCK PRODUCTION EDUCATION (2) EDUCATIONAL DEVELOPMENT OF YOUTH, AND (3) EDUCATING THE GENERAL PUBLIC. SEE "SCHEDULE O" FOR A FULL DESCRIPTION OF THE ORGANIZATION'S MISSION.
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