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      <FundraisingDirectExpensesAmt>118855</FundraisingDirectExpensesAmt>
      <NetIncmFromFundraisingEvtGrp>
        <TotalRevenueColumnAmt>122010</TotalRevenueColumnAmt>
        <ExclusionAmt>122010</ExclusionAmt>
      </NetIncmFromFundraisingEvtGrp>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>1019221</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>368142</RelatedOrExemptFuncIncomeAmt>
        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>122010</ExclusionAmt>
      </TotalRevenueGrp>
      <CompCurrentOfcrDirectorsGrp>
        <TotalAmt>88548</TotalAmt>
        <ProgramServicesAmt>26564</ProgramServicesAmt>
        <ManagementAndGeneralAmt>8855</ManagementAndGeneralAmt>
        <FundraisingAmt>53129</FundraisingAmt>
      </CompCurrentOfcrDirectorsGrp>
      <OtherSalariesAndWagesGrp>
        <TotalAmt>120910</TotalAmt>
        <ProgramServicesAmt>99146</ProgramServicesAmt>
        <ManagementAndGeneralAmt>6046</ManagementAndGeneralAmt>
        <FundraisingAmt>15718</FundraisingAmt>
      </OtherSalariesAndWagesGrp>
      <PensionPlanContributionsGrp>
        <TotalAmt>8646</TotalAmt>
        <ProgramServicesAmt>7133</ProgramServicesAmt>
        <ManagementAndGeneralAmt>432</ManagementAndGeneralAmt>
        <FundraisingAmt>1081</FundraisingAmt>
      </PensionPlanContributionsGrp>
      <PayrollTaxesGrp>
        <TotalAmt>16198</TotalAmt>
        <ProgramServicesAmt>13363</ProgramServicesAmt>
        <ManagementAndGeneralAmt>810</ManagementAndGeneralAmt>
        <FundraisingAmt>2025</FundraisingAmt>
      </PayrollTaxesGrp>
      <FeesForServicesLegalGrp>
        <TotalAmt>5638</TotalAmt>
        <ManagementAndGeneralAmt>5638</ManagementAndGeneralAmt>
      </FeesForServicesLegalGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>7500</TotalAmt>
        <ManagementAndGeneralAmt>7500</ManagementAndGeneralAmt>
      </FeesForServicesAccountingGrp>
      <FeesForServicesOtherGrp>
        <TotalAmt>5945</TotalAmt>
        <ProgramServicesAmt>5945</ProgramServicesAmt>
      </FeesForServicesOtherGrp>
      <AdvertisingGrp>
        <TotalAmt>55353</TotalAmt>
        <ProgramServicesAmt>33212</ProgramServicesAmt>
        <FundraisingAmt>22141</FundraisingAmt>
      </AdvertisingGrp>
      <OfficeExpensesGrp>
        <TotalAmt>43285</TotalAmt>
        <ProgramServicesAmt>19911</ProgramServicesAmt>
        <ManagementAndGeneralAmt>11687</ManagementAndGeneralAmt>
        <FundraisingAmt>11687</FundraisingAmt>
      </OfficeExpensesGrp>
      <OccupancyGrp>
        <TotalAmt>121876</TotalAmt>
        <ProgramServicesAmt>91407</ProgramServicesAmt>
        <ManagementAndGeneralAmt>18281</ManagementAndGeneralAmt>
        <FundraisingAmt>12188</FundraisingAmt>
      </OccupancyGrp>
      <TravelGrp>
        <TotalAmt>12927</TotalAmt>
        <ProgramServicesAmt>9695</ProgramServicesAmt>
        <FundraisingAmt>3232</FundraisingAmt>
      </TravelGrp>
      <ConferencesMeetingsGrp>
        <TotalAmt>22433</TotalAmt>
        <ProgramServicesAmt>13460</ProgramServicesAmt>
        <FundraisingAmt>8973</FundraisingAmt>
      </ConferencesMeetingsGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>190241</TotalAmt>
        <ProgramServicesAmt>161705</ProgramServicesAmt>
        <ManagementAndGeneralAmt>19024</ManagementAndGeneralAmt>
        <FundraisingAmt>9512</FundraisingAmt>
      </DepreciationDepletionGrp>
      <InsuranceGrp>
        <TotalAmt>33766</TotalAmt>
        <ProgramServicesAmt>28701</ProgramServicesAmt>
        <ManagementAndGeneralAmt>3377</ManagementAndGeneralAmt>
        <FundraisingAmt>1688</FundraisingAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>INDUCTION</Desc>
        <TotalAmt>102167</TotalAmt>
        <ProgramServicesAmt>102167</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>MEMBERS FULFILLMENT</Desc>
        <TotalAmt>13596</TotalAmt>
        <ProgramServicesAmt>13596</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>IN-KIND SERVICES</Desc>
        <TotalAmt>155000</TotalAmt>
        <ProgramServicesAmt>155000</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>EXHIBIT &amp; ARCHIVAL EXPENSE</Desc>
        <TotalAmt>10331</TotalAmt>
        <ProgramServicesAmt>10331</ProgramServicesAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>57101</TotalAmt>
        <FundraisingAmt>57101</FundraisingAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>1071461</TotalAmt>
        <ProgramServicesAmt>791336</ProgramServicesAmt>
        <ManagementAndGeneralAmt>81650</ManagementAndGeneralAmt>
        <FundraisingAmt>198475</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>524369</BOYAmt>
        <EOYAmt>635509</EOYAmt>
      </CashNonInterestBearingGrp>
      <PledgesAndGrantsReceivableGrp>
        <BOYAmt>58854</BOYAmt>
        <EOYAmt>56888</EOYAmt>
      </PledgesAndGrantsReceivableGrp>
      <InventoriesForSaleOrUseGrp>
        <BOYAmt>37537</BOYAmt>
        <EOYAmt>39157</EOYAmt>
      </InventoriesForSaleOrUseGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>20596</BOYAmt>
        <EOYAmt>25507</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>10439024</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>4073211</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>6514065</BOYAmt>
        <EOYAmt>6365813</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <TotalAssetsGrp>
        <BOYAmt>7155421</BOYAmt>
        <EOYAmt>7122874</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>32058</BOYAmt>
        <EOYAmt>37879</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <DeferredRevenueGrp>
        <BOYAmt>21564</BOYAmt>
        <EOYAmt>26452</EOYAmt>
      </DeferredRevenueGrp>
      <OtherLiabilitiesGrp>
        <BOYAmt>31978</BOYAmt>
        <EOYAmt>40962</EOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>85600</BOYAmt>
        <EOYAmt>105293</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
      <UnrestrictedNetAssetsGrp>
        <BOYAmt>7013066</BOYAmt>
        <EOYAmt>6960733</EOYAmt>
      </UnrestrictedNetAssetsGrp>
      <TemporarilyRstrNetAssetsGrp>
        <BOYAmt>56755</BOYAmt>
        <EOYAmt>56848</EOYAmt>
      </TemporarilyRstrNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>7069821</BOYAmt>
        <EOYAmt>7017581</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>7155421</BOYAmt>
        <EOYAmt>7122874</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>-52240</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <ConsolAndSepBasisFinclStmtInd>X</ConsolAndSepBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="990A">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>806369</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>760160</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>807554</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>1025189</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>933130</CurrentTaxYearAmt>
        <TotalAmt>4332402</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>806369</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>760160</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>807554</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>1025189</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>933130</CurrentTaxYearAmt>
        <TotalAmt>4332402</TotalAmt>
      </TotalCalendarYear170Grp>
      <SubstantialContributorsTotAmt>725216</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>3607186</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>145600</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>157169</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>148845</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>130823</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>144946</CurrentTaxYearAmt>
        <TotalAmt>727383</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <TotalSupportAmt>5059785</TotalSupportAmt>
      <PublicSupportCY170Pct>0.71290</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.66010</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="990B">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="990D">
      <CollectionUsedPubExhibitionInd>X</CollectionUsedPubExhibitionInd>
      <CollUsedScholarlyRsrchInd>X</CollUsedScholarlyRsrchInd>
      <CollectionUsedPreservationInd>X</CollectionUsedPreservationInd>
      <CollUsedLoanOrExchProgInd>X</CollUsedLoanOrExchProgInd>
      <LandGrp>
        <OtherCostOrOtherBasisAmt>3246951</OtherCostOrOtherBasisAmt>
        <BookValueAmt>3246951</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>5735299</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>2858583</DepreciationAmt>
        <BookValueAmt>2876716</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>1456774</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>1214628</DepreciationAmt>
        <BookValueAmt>242146</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>6365813</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>INTERCOMPANY BORROWING</Desc>
        <Amt>40962</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>40962</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>1138076</TotalRevEtcAuditedFinclStmtAmt>
      <OtherRevenueAmt>118855</OtherRevenueAmt>
      <RevenueNotReportedAmt>118855</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>1019221</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>1019221</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>1190316</TotExpnsEtcAuditedFinclStmtAmt>
      <OtherExpensesIncludedAmt>118855</OtherExpensesIncludedAmt>
      <ExpensesNotReportedAmt>118855</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>1071461</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>1071461</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="990G">
      <FundraisingEventInformationGrp>
        <Event1Nm>COWBOY GALA</Event1Nm>
        <GrossReceiptsEvent1Amt>130100</GrossReceiptsEvent1Amt>
        <GrossRevenueEvent1Amt>130100</GrossRevenueEvent1Amt>
        <FoodAndBeverageEvent1Amt>46763</FoodAndBeverageEvent1Amt>
        <EntertainmentEvent1Amt>9000</EntertainmentEvent1Amt>
        <Event2Nm>GOLF TOURNEY</Event2Nm>
        <GrossReceiptsEvent2Amt>86710</GrossReceiptsEvent2Amt>
        <GrossRevenueEvent2Amt>86710</GrossRevenueEvent2Amt>
        <FoodAndBeverageEvent2Amt>10000</FoodAndBeverageEvent2Amt>
        <OtherDirectExpensesEvent2Amt>40012</OtherDirectExpensesEvent2Amt>
        <OtherEventsTotalCnt>2</OtherEventsTotalCnt>
        <GrossReceiptsOtherEventsAmt>24055</GrossReceiptsOtherEventsAmt>
        <GrossRevenueOtherEventsAmt>24055</GrossRevenueOtherEventsAmt>
        <OthDirectExpnssOtherEventsAmt>13080</OthDirectExpnssOtherEventsAmt>
        <GrossReceiptsTotalAmt>240865</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>240865</GrossRevenueTotalEventsAmt>
        <FoodAndBeverageTotalEventsAmt>56763</FoodAndBeverageTotalEventsAmt>
        <EntertainmentTotalEventsAmt>9000</EntertainmentTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>53092</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>118855</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>122010</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleM documentId="990M">
      <OtherNonCashContriTableGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <Desc>ADMIN SERVICE</Desc>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>150000</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>FV</MethodOfDeterminingRevenuesTxt>
      </OtherNonCashContriTableGrp>
      <OtherNonCashContriTableGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <Desc>TRACTOR USAGE</Desc>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>5000</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>FV</MethodOfDeterminingRevenuesTxt>
      </OtherNonCashContriTableGrp>
      <AnyPropertyThatMustBeHeldInd>false</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>true</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>false</ThirdPartiesUsedInd>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="990O">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 governing body review Part VI line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990 IS REVIEWED WITH THE PRESIDENT OF THE BOARD OF TRUSTEES AND THE DIRECTOR OF OPERATIONS. UPON THEIR APPROVAL, FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Conflict of interest policy compliance Part VI line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL TRUSTEES ARE REQUIRED TO DISCLOSE ANY PERCEIVED CONFLICTS OF INTEREST PRIOR TO ACCEPTING A POSITION TO THE BOARD AND ARE REQUIRED TO DISCLOSE ANY CONFLICTS THAT MAY ARISE AFTER THEIR APPOINTMENT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>CEO executive director top management comp Part VI line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PRESIDENT AND CHIEF FINANCIAL OFFICER REVIEW COMPARABLE DATA, SALARY INFORMATION AND OTHER RESOURCES PRIOR TO OFFERING A PROSPECTIVE DIRECTOR MARKET RATE COMPENSATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Other officer or key employee compensation Part VI line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>OFFICERS AND TRUSTEES RECEIVE NO COMPENSATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="990R">
      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>PROF RODEO COWBOYS ASSOC INC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>101 PRO RODEO DRIVE</AddressLine1Txt>
          <CityNm>Colorado Springs</CityNm>
          <StateAbbreviationCd>CO</StateAbbreviationCd>
          <ZIPCd>80919</ZIPCd>
        </USAddress>
        <EIN>840414922</EIN>
        <PrimaryActivitiesTxt>MEMBERSHIP ORG - SANCTIONS PROFESSIONAL RODEO EVENTS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>CO</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>501 C 6</ExemptCodeSectionTxt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>NO</BusinessNameLine1Txt>
        </DirectControllingEntityName>
        <ControlledOrganizationInd>false</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>