Charity Search / HOUSTON LIVESTOCK SHOW & RODEO INC
Recreation & Sports (N520) IRS Verified DX Registered 990 on File

HOUSTON LIVESTOCK SHOW & RODEO INC

EIN: 74-1142851 · HOUSTON, TX 77054-1574 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 84/100
Reliability (20%) 82/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$231.1M
Total Revenue
$185.4M
Total Expenses
$449.6M
Net Assets
1524
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.5%
Fundraising Efficiency 3132.0%
Operating Reserve 29.10x
Liability-to-Asset 21.3%
Revenue Diversification 63.7%
Executive Compensation $1.4M
Compared with Peers
FY 2025
Compared with 9 similar organizations (United States, Recreation & Sports, $100M and over in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
80.5% 91.6%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
12.5% 6.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
6.9% 1.6%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
29.1 mo 5.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
21.3% 44.3%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
63.7% 72.8%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
8.6% 8.6%
P10P90
Expense growth
Year over year expense growth
10.3% 10.3%
P10P90
Surplus margin
Surplus as a share of revenue
19.8% -0.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $231.1M $185.4M $449.6M 80.5% 1524
2024 $212.8M $168.1M $383.7M 80.8% 1259
2023 $192.2M $153.8M $309.5M 78.1% 256
2022 $189.6M $139.1M $268.7M 80.1% 468
2021 $36.9M $58.1M N/A 1121
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Organization Details
EIN
74-1142851
State
TX
City
HOUSTON
ZIP
77054-1574
Classification
N520
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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