Socorro County Fair & Rodeo Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 223,018 | 200,747 | 22,271 | 1.3 | 0% |
| 2019 | 243,461 | 238,997 | 4,464 | 1.3 | 0% |
| 2020 | 164,724 | 166,686 | −1,962 | 1.8 | 0% |
| 2021 | 342,530 | 283,266 | 59,264 | 3.6 | 0% |
| 2022 | 409,767 | 381,946 | 27,821 | 3.5 | 0% |
| 2023 | 486,868 | 417,121 | 69,747 | 13.0 | 0% |
In its most recent public year (2023), this organization brought in $69,747 more than it spent. Its reserves stood at about 13 months of spending, up from 1.3 in 2018. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Socorro County Fair & Rodeo Assoc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works