Wisconsin State Fair Park Foundation Inc
- Assets
- $1.4m
- Revenue
- $333.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Milwaukee, WI
- Founding
- 12/1996
- Data as of
- 12/2021
- EIN
- 39-1840248
Organization Overview
Wisconsin State Fair Park Foundation Inc is located in Milwaukee, WI. The organization was established in 1996. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin State Fair Park Foundation 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 12/2021, Wisconsin State Fair Park Foundation Inc generated $333.8k 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 (7.6%) each year. All expenses for the organization totaled $270.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) 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
PRESERVE AND ENHANCE THE WISCONSIN STATE FAIR PARK AND SUPPORT AGRICULTURE EDUCATION AND ARTS PROGRAMMING TIED TO THE FAIR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WISCONSIN STATE FAIR PARK FOUNDATION CONTINUED THE ART SHOW, SUPPORTED GENERAL OPERATIONS OF THE WISCONSIN STATE FAIR, AND PLANNED AND EXECUTED MAJOR FUNDRAISING INITIATIVES INCLUDING THE CREAM PUFF 5K RUN, FRIEND OF THE FAIR MEMBERSHIP PROGRAM AND ANNUAL GOLF OUTING. GRANT FUNDS WERE USED TO PURCHASE SUNSHADES FOR THE CENTRAL MALL, REPAIR THE FOUNTAIN AND OTHER LANDSCAPING PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Deweerdt Executive Director | Officer | 40 | $78,740 |
Dave Hock President | OfficerTrustee | 2 | $0 |
Dan Elias Vice President | OfficerTrustee | 2 | $0 |
Lisa Bittman Secretary | OfficerTrustee | 1 | $0 |
Alison Hanrahan Treasurer | OfficerTrustee | 1 | $0 |
John Yingling Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $34,030 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $159,363 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $234,593 |
| Total Program Service Revenue | $0 |
| Investment income | $5,466 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $93,711 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $333,770 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,800 |
| 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. | $81,865 |
| Compensation of current officers, directors, key employees. | $16,373 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,949 |
| Information technology | $1,750 |
| 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 | $1,905 |
| Insurance | $2,165 |
| All other expenses | $0 |
| Total functional expenses | $270,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,178,650 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $40,000 |
| Accounts receivable, net | $33,573 |
| 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 | $9,854 |
| Net Land, buildings, and equipment | $20,951 |
| Investments—publicly traded securities | $133,402 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,416,430 |
| Accounts payable and accrued expenses | $9,276 |
| Grants payable | $0 |
| Deferred revenue | $6,335 |
| 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 | $15,611 |
| Net assets without donor restrictions | $499,584 |
| Net assets with donor restrictions | $901,235 |
| 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 | $1,416,430 |
Grants Awarded
Over the last fiscal year, Wisconsin State Fair Park Foundation Inc has awarded $232,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WISCONSIN STATE FAIR PARK PURPOSE: Central Mall Reno, Fair Agriculture Programs | $132,000 |
Mayville, WI PURPOSE: Dairy Lane Project | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wisconsin State Fair Park Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Herbert H Kohl Charities Inc Milwaukee, WI PURPOSE: TO FUND APPROVED PUBLIC CHARITIES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Life Centers Of Chicagoland Nfp Chicago, IL | $3,381,742 | $26,728,627 |
Onegoal Chicago, IL | $47,619,329 | $26,464,415 |
St Davids Center Minnetonka, MN | $22,036,571 | $23,440,337 |
Iowa Jag Inc Des Moines, IA | $8,216,251 | $8,843,429 |
Braven Incorporated Chicago, IL | $18,157,055 | $13,085,158 |
Gary Comer Youth Center Chicago, IL | $1,153,650 | $6,433,696 |
Achieve Twin Cities Minneapolis, MN | $9,710,050 | $5,735,316 |
Brilliant Detroit Detroit, MI | $8,474,940 | $7,645,252 |
Boys And Girls Club Of Dane County Inc Madison, WI | $16,863,189 | $11,374,930 |
Life Promotions Inc Appleton, WI | $2,405,715 | $5,603,353 |
New City Kids Inc Grand Rapids, MI | $3,713,788 | $6,335,672 |
Bernies Book Bank Lake Bluff, IL | $3,547,957 | $4,899,035 |