Stark County Agricultural Society Inc is located in Canton, OH. The organization was established in 2015. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 11/2023, Stark County Agricultural Society Inc employed 8 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Stark County Agricultural Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, Stark County Agricultural Society Inc generated $5.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $4.6m during the year ending 11/2023. While expenses have increased by 6.6% 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
AGRICULTURAL MATTERS EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EDUCATE RESIDENTS & NEIGHBORING COMMUNITIES ON AGRICULTURAL MATTERS BY CONDUCTING AN ANNUAL PUBLIC FAIR & EXHIBITS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Locker President | OfficerTrustee | 10 | $0 |
Jill Sterling Vice President | OfficerTrustee | 5 | $0 |
Cynthia Vickers Treasurer | OfficerTrustee | 10 | $4,800 |
Ronald Chambers Director | Trustee | 5 | $0 |
Bryan Griffin Director | Trustee | 5 | $0 |
Danny Schmucker Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $21,938 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,074,234 |
All other contributions, gifts, grants, and similar amounts not included above | $249,188 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,345,360 |
Total Program Service Revenue | $2,467,765 |
Investment income | $26,298 |
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 | $49,202 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,965,975 |
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. | $29,433 |
Compensation of current officers, directors, key employees. | $29,433 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $84,844 |
Pension plan accruals and contributions | $314 |
Other employee benefits | $0 |
Payroll taxes | $15,651 |
Fees for services: Management | $0 |
Fees for services: Legal | $20,825 |
Fees for services: Accounting | $12,981 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,800 |
Advertising and promotion | $73,502 |
Office expenses | $19,840 |
Information technology | $20,049 |
Royalties | $0 |
Occupancy | $554,900 |
Travel | $26,213 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $881 |
Depreciation, depletion, and amortization | $23,723 |
Insurance | $45,485 |
All other expenses | $99,817 |
Total functional expenses | $4,626,909 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $714,273 |
Savings and temporary cash investments | $75,721 |
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 | $549,327 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,339,321 |
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 | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $1,339,321 |
Total liabilities and net assets/fund balances | $1,339,321 |