Broome County Agricultural Society
- Assets
- $482.1k
- Revenue
- $310.3k
- Investments
- $0.0
- Employees
- 37
- Location
- Whitney Point, NY
- Founding
- 00/0000
- Data as of
- 11/2023
- EIN
- 16-0874768
Organization Overview
Broome County Agricultural Society is located in Whitney Point, NY. The organization was established in 0000. 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, Broome County Agricultural Society employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broome County 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, Broome County Agricultural Society generated $310.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $359.7k during the year ending 11/2023. While expenses have increased by 5.5% 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
SIX DAY COUNTY FAIR
Describe the Organization's Program Activity:
Part 3 - Line 4a
SIX DAY COUNTY FAIR, WITH OPEN CLASS, 4H, AND YOUTH EXHIBITORS - LIVESTOCK, PRODUCE, AND CRAFTS
HORSE SHOWS. BROOME COUNTY 4H AND MAINE MAVERICKS CO-HOST SHOWS WITH FAIR ASSOCIATION ON MOST WEEKENDS BETWEEN APRIL & OCTOBER
PROVIDE PLAYGROUNDS FOR WHITNEY POINT CENTRAL SCHOOL DISTRICT LITTLE LEAGUES, ETC. ABOUT 20 OF THE 30 ACRES ARE USED THROUGHOUT THE YEAR FOR INTER-SCHOOL SPORTS, INTRA-MURAL SPORTS & PHYSICAL EDUCATION CLASSES FOR APPROXIMATELY 1500 INDIVIDUALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rita Smith Treasurer | OfficerTrustee | 6 | $0 |
Ronald Smith Director | Trustee | 2 | $0 |
Jeff Holbrook Director | Trustee | 2 | $0 |
Mike Reardon Director | Trustee | 2 | $0 |
Gerry Pendell Vice President | OfficerTrustee | 2 | $0 |
Brent Cornell Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,963 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,963 |
| Total Program Service Revenue | $263,149 |
| Investment income | $2,217 |
| 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 | $310,329 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,977 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,066 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,388 |
| Office expenses | $2,766 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,333 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,700 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,496 |
| Insurance | $21,885 |
| All other expenses | $28,207 |
| Total functional expenses | $359,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,706 |
| Savings and temporary cash investments | $81,709 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $333,438 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,219 |
| Total assets | $482,072 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $7,790 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $474,282 |
| Total liabilities and net assets/fund balances | $482,072 |