Monroe County Fair Association is located in Monroe, MI. The organization was established in 1979. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 10/2022, Monroe County Fair Association employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monroe County Fair Association 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 10/2022, Monroe County Fair Association generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.7m during the year ending 10/2022. While expenses have increased by 5.0% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCT THE MONROE COUNTY FAIR. THIS IS THE ASSOCIATION'S ONLY ACTIVITY WITH THE EXCEPTION OF EXPO RENTAL AND SEASONAL RENTAL AND RELATED EXPENSES.
Describe the Organization's Program Activity:
TO CONDUCT THE MONROE COUNTY FAIR
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lee Chapman President | Officer | 2 | $0 |
Craig Ford Past Preside | Officer | 2 | $0 |
Mark Mathe Treasurer | Officer | 2 | $0 |
Phil Motylinski Vice Preside | Officer | 2 | $0 |
Ryan Pittman Secretary | Officer | 2 | $0 |
Roger Barnes Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $29,201 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $29,201 |
Total Program Service Revenue | $2,013,288 |
Investment income | $85,096 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$66,328 |
Net Gain/Loss on Asset Sales | -$27,119 |
Net Income from Fundraising Events | $1,862 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,036,000 |
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 | $122,793 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $12,781 |
Fees for services: Management | $0 |
Fees for services: Legal | $612 |
Fees for services: Accounting | $8,348 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $46,138 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $128,412 |
Travel | $32,684 |
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 | $0 |
Depreciation, depletion, and amortization | $180,998 |
Insurance | $0 |
All other expenses | $336,655 |
Total functional expenses | $1,711,578 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $3,874,798 |
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 | $44,905 |
Net Land, buildings, and equipment | $2,401,683 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,321,386 |
Accounts payable and accrued expenses | $6,756 |
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 | $313,496 |
Total liabilities | $320,252 |
Net assets without donor restrictions | $6,001,134 |
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 | $6,321,386 |
Over the last fiscal year, we have identified 1 grants that Monroe County Fair Association has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Dte Energy Foundation Detroit, MI PURPOSE: ARTS & CULTURE | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
500 Festival Inc Indianapolis, IN | $6,763,861 | $5,772,745 |
The Parade Company Detroit, MI | $3,309,193 | $3,267,080 |
Lorain County Agricultural Society Wellington, OH | $4,929,165 | $4,841,309 |
Mercer County Fairgrounds Inc Celina, OH | $1,357,772 | $2,172,389 |
Monroe County Fair Association Monroe, MI | $6,321,386 | $2,036,000 |
Sheboygan County Fair Association Plymouth, WI | $2,297,030 | $1,962,294 |
Kenosha County Fair Association Inc Wilmot, WI | $2,247,686 | $1,814,776 |
Cleveland National Air Show Inc Cleveland, OH | $1,205,857 | $2,047,075 |
Marion County Agricultural Society Inc Marion, OH | $712,159 | $1,483,488 |
German Fest Milwaukee Inc Menomonee Falls, WI | $1,157,824 | $1,461,133 |
Walworth County Agricultural Society Elkhorn, WI | $2,948,383 | $904,049 |
Ohio Equine And Agricultural Association Inc Springfield, OH | $3,559,831 | $1,335,609 |