Kenosha County Fair Association Inc
- Assets
- $2.2m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 116
- Location
- Wilmot, WI
- Founding
- 08/1947
- Data as of
- 10/2022
- EIN
- 39-0825975
Organization Overview
Kenosha County Fair Association Inc is located in Wilmot, WI. The organization was established in 1947. 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, Kenosha County Fair Association Inc employed 116 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kenosha County Fair Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 10/2022, Kenosha County Fair Association Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $1.5m during the year ending 10/2022. While expenses have increased by 16.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCT AND OPERATE THE FAIRGROUND PROPERTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM SERVICE MANAGED BY THE 501C5 ORGANIZATION IS THE KENOSHA COUNTY FAIRGROUND PROPERTY. THE FAIR WAS HELD AUGUST 17 - 21, 2021 AND THE ATTENDANCE WAS 52,872 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Crane Secretary/treasurer | Officer | 8 | $750 |
Randall Rossi President | Officer | 12 | $750 |
Myron Daniels Vice President | Officer | 12 | $750 |
Don Epping Director | Trustee | 8 | $750 |
Norman Kazumura Director | Trustee | 8 | $750 |
Christopher Klemko Director | Trustee | 8 | $750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $221,899 |
| All other contributions, gifts, grants, and similar amounts not included above | $52,574 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $274,473 |
| Total Program Service Revenue | $1,351,393 |
| Investment income | $1,444 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $187,466 |
| 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 | $1,814,776 |
| 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. | $4,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $401,900 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $59,878 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $52,266 |
| Office expenses | $84,885 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,688 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $76,348 |
| All other expenses | $0 |
| Total functional expenses | $1,540,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,862 |
| Savings and temporary cash investments | $647,639 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $151 |
| 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 | $1,515,034 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,247,686 |
| 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 | $188,241 |
| Total liabilities | $188,241 |
| 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 | $2,059,445 |
| Total liabilities and net assets/fund balances | $2,247,686 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kenosha County Fair Association Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Grand Foundation Sturtevant, WI PURPOSE: UNRESTRICTED FOR GENERAL USE OF CHARITY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa State Fair Foundation Des Moines, IA | $11,002,682 | $8,403,117 |
Fair And Exposition Society Of Jones County Inc Monticello, IA | $5,659,527 | $5,307,608 |
The Parade Company Detroit, MI | $3,309,193 | $3,267,080 |
Minnesota Fair Plan Bloomington, MN | $3,079,043 | $3,023,700 |
Kane County Fair St Charles, IL | $21,061,651 | $1,916,331 |
Monroe County Fair Association Monroe, MI | $6,321,386 | $2,036,000 |
Minnesota Propane Association Zimmerman, MN | $1,583,838 | $1,664,231 |
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 |
German Fest Milwaukee Inc Menomonee Falls, WI | $1,157,824 | $1,461,133 |
Lake County Fair Association Grayslake, IL | $27,796,345 | $1,095,277 |
Walworth County Agricultural Society Elkhorn, WI | $2,948,383 | $904,049 |