Cobleskill Agricultural Society
- Assets
- $950.2k
- Revenue
- $982.3k
- Investments
- $0.0
- Employees
- 105
- Location
- Cobleskill, NY
- Founding
- 10/1937
- Data as of
- 11/2023
- EIN
- 14-1346304
Organization Overview
Cobleskill Agricultural Society is located in Cobleskill, NY. The organization was established in 1937. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 11/2023, Cobleskill Agricultural Society employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cobleskill Agricultural Society is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 11/2023, Cobleskill Agricultural Society generated $982.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.0m during the year ending 11/2023. While expenses have increased by 4.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF AN ANNUAL AGRICULTURAL FAIR
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF AN ANNUAL AGRICULTURAL FAIR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas A Cater President | OfficerTrustee | 10 | $0 |
Bruce R Wright Director | Trustee | 10 | $0 |
Lois E Goblet Director | Trustee | 10 | $0 |
Dale M All Vice President | OfficerTrustee | 10 | $0 |
Brendon Becker Treasurer | OfficerTrustee | 10 | $0 |
Clarissa Kniskern Secretary | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $65,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,377 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,477 |
| Total Program Service Revenue | $881,730 |
| Investment income | $48 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $982,255 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $167,622 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,946 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,818 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29,435 |
| Office expenses | $19,488 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $136,123 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,661 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,996 |
| Insurance | $26,481 |
| All other expenses | $4,050 |
| Total functional expenses | $1,021,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,055 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $63,398 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $177 |
| Net Land, buildings, and equipment | $852,616 |
| Investments—publicly traded securities | $10,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $950,246 |
| Accounts payable and accrued expenses | $10,365 |
| Grants payable | $0 |
| Deferred revenue | $49,563 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $324,718 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $384,646 |
| Net assets without donor restrictions | $565,600 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $950,246 |