Marathon County Agricultural Society is located in Wausau, WI. The organization was established in 1942. 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 09/2022, Marathon County Agricultural Society employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marathon 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 09/2022, Marathon County Agricultural Society generated $619.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $586.1k during the year ending 09/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO IMPROVING AND PROMOTING AGRICULTURE, HORTICULTURE, AND MECHANICAL AND HOUSEHOLD ARTS BY HOLDING AN ANNUAL FAIR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE AND PROMOTE AGRICULTURE, HORTICULTURE, AND MECHANICAL AND HOUSEHOLD ART BY HOLDING AN ANNUAL FAIR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jodi Langenhahn Administrator | Officer | 20 | $18,666 |
Rick Seefeldt Vice President | OfficerTrustee | 1 | $0 |
Mia Bayer Treasurer | OfficerTrustee | 1 | $0 |
Keith Langenhahn President | OfficerTrustee | 2 | $0 |
Mary Sharkey Director | Trustee | 1 | $0 |
Jeff Heinz Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $16,649 |
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 | $16,649 |
Total Program Service Revenue | $592,455 |
Investment income | $2,656 |
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 | $619,466 |
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. | $18,666 |
Compensation of current officers, directors, key employees. | $9,333 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $34,332 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,481 |
Fees for services: Management | $1,081 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,451 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $66,395 |
Advertising and promotion | $16,844 |
Office expenses | $15,144 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $26,367 |
Travel | $7,688 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,274 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $452 |
Insurance | $20,595 |
All other expenses | $35,965 |
Total functional expenses | $586,073 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $190,045 |
Savings and temporary cash investments | $221,751 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $50,782 |
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 | $5,303 |
Net Land, buildings, and equipment | $1,087 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $468,968 |
Accounts payable and accrued expenses | $105,827 |
Grants payable | $0 |
Deferred revenue | $1,510 |
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 | $107,337 |
Net assets without donor restrictions | $361,631 |
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 | $468,968 |
Organization Name | Assets | Revenue |
---|---|---|
Allegan County Agricultural Society Allegan, MI | $6,554,669 | $2,889,339 |
Iowa-Nebraska Farm Equipment Association Inc Johnston, IA | $8,633,028 | $3,095,740 |
Shiawassee County Agricultural Society Fairgrounds Corunna, MI | $378,234 | $1,529,003 |
Dekalb County Farm Bureau Sycamore, IL | $2,798,652 | $1,236,356 |
Fox Valley Cooperative Farm Management Association Appleton, WI | $1,517,902 | $1,296,929 |
Lapeer County Agricultural Society Imlay City, MI | $2,905,187 | $1,396,665 |
Mississippi Valley Farm Bus Assn Fairfield, IA | $0 | $944,274 |
Central Iowa Farm Business Assn Jefferson, IA | $566,912 | $990,824 |
Fayette County Agricultural Society West Union, IA | $1,416,189 | $1,190,275 |
Morgan County Agricultural Fair Association Jacksonville, IL | $905,083 | $1,324,759 |
Saginaw County Agricultural Society Chesaning, MI | $2,433,080 | $855,880 |
Northern Plains Potato Growers Association East Grand Forks, MN | $1,522,109 | $1,231,654 |