Ashland County Fair Association Inc
- Assets
- $255.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marengo, WI
- Founding
- 04/1990
- Data as of
- 12/2020
- EIN
- 39-1661750
Organization Overview
Ashland County Fair Association Inc is located in Marengo, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashland County Fair Association 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 12/2020, Ashland County Fair Association Inc generated $26.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $18.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (23.2%) per year over the past 5 years. 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
2020
Describe the Organization's Program Activity:
PROMOTING THE 4-H CLUB TO RAISE FUNDS FOR THE ALLOW THE GENERAL PUBLIC TO COMPLETE PROJECTS OF CRAFTING AND RAISING LIVESTOCK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gina Pearce Secretary | 10 | $3,600 | |
Doreen Kuberra Treasurer | 10 | $2,000 | |
Brett Martinsen President | 10 | $0 | |
Ted White Vice Preside | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,377 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,363 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,740 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,600 |
| Professional fees and other payments to independent contractors | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $44 |
| Other expenses | $12,664 |
| Total expenses | $18,608 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,541 |
| Other assets | $0 |
| Total assets | $255,841 |
| Total liabilities | $0 |
| Net assets or fund balances | $255,841 |
Peer Organizations
| 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 |