Its championship event is the International Finals Rodeo (IFR), held every January.

That same year, it set its headquarters in Pauls Valley, Oklahoma, and created a Board of Governors, which consisted of performers, producers, fans, contestants, and contractors.

After the IFR celebrated its 20th anniversary, the association announced that they had signed a multi-year agreement with the Oklahoma City All Sports Association to hold the event in the city's Myriad Convention Center beginning in January 1991.

In 1997, the IFR moved to Oklahoma City's State Fair Arena where it took place through 2002.

The IFR moved to the Lazy E Arena in Guthrie, Oklahoma, in 2020 during its 50th year, where it remains today.

[8] The IPRA announced on August 28, 2019, that the IFR would now be held at the Lazy E Arena in Guthrie, Oklahoma.