Wisconsin State Fair Dairy Promotion Fund Inc is located in Mayville, WI. The organization was established in 1990. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Wisconsin State Fair Dairy Promotion Fund Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin State Fair Dairy Promotion Fund Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Wisconsin State Fair Dairy Promotion Fund Inc generated $142.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $88.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AND EDUCATE THE PUBLIC REGARDING AGRICULTURE IN THE STATE OF WISCONSIN
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO HIGH SCHOOL STUDENTS TO ATTEND DAIRY WORKSHOPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ann Schulz Board Coordinator | Officer | 3 | $16,200 |
Liz Matzke Program Assistant | Officer | 2 | $10,500 |
Lauren Metcalf Director | Trustee | 0 | $1,300 |
Sarah Varney Director | Trustee | 1 | $1,000 |
Nicole Barlass President | Officer | 2 | $0 |
Joan Oberhaus Vice President | Officer | 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 | $28,450 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $28,450 |
Total Program Service Revenue | $0 |
Investment income | $26 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $113,195 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $142,181 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $23,886 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $32,843 |
Compensation of current officers, directors, key employees. | $29,133 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,700 |
Office expenses | $7,790 |
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 | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $10,162 |
Insurance | $4,344 |
All other expenses | $967 |
Total functional expenses | $88,545 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $106,853 |
Savings and temporary cash investments | $35,759 |
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 | $102,157 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $244,769 |
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 | $244,769 |
Total liabilities and net assets/fund balances | $244,769 |
Over the last fiscal year, we have identified 1 grants that Wisconsin State Fair Dairy Promotion Fund Inc has recieved totaling $100,000.
Awarding Organization | Amount |
---|---|
Wisconsin State Fair Park Foundation Inc Milwaukee, WI PURPOSE: Dairy Lane Project | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
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 |
Shawano Area Agricultural Society Inc Shawano, WI | $1,017,818 | $1,408,309 |