Shawano Area Agricultural Society Inc is located in Shawano, WI. The organization was established in 2001. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 10/2023, Shawano Area Agricultural Society Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shawano Area Agricultural Society 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 10/2023, Shawano Area Agricultural Society Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.3m during the year ending 10/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF MECHANICAL, EDUCATIONAL & INDUSTRIAL AGRICULTURAL INDUSTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF MECHANICAL, EDUCATIONAL & INDUSTRIAL AGRICULTURAL INDUSTRIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alyce Welk Officer/key | Officer | 40 | $110,493 |
Scott Breitrick President | OfficerTrustee | 5 | $0 |
Pat Brusky Treasurer | OfficerTrustee | 5 | $0 |
Cody Hudson Director | Trustee | 2 | $0 |
Bob Krause Vice Preside | OfficerTrustee | 5 | $0 |
Eileen Lamm Director | Trustee | 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 | $26,022 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $26,022 |
Total Program Service Revenue | $1,066,298 |
Investment income | $1,064 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $44,122 |
Net Gain/Loss on Asset Sales | -$6,392 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $30,609 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,161,723 |
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. | $97,533 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $102,879 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,341 |
Payroll taxes | $17,545 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $70,352 |
Advertising and promotion | $29,985 |
Office expenses | $20,674 |
Information technology | $7,161 |
Royalties | $0 |
Occupancy | $37,754 |
Travel | $7,578 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,900 |
Interest | $78 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $27,960 |
Insurance | $13,930 |
All other expenses | $115,635 |
Total functional expenses | $1,275,473 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $62,845 |
Savings and temporary cash investments | $108,606 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $41,546 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $13,260 |
Prepaid expenses and deferred charges | $1,398 |
Net Land, buildings, and equipment | $699,547 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $927,202 |
Accounts payable and accrued expenses | $7,201 |
Grants payable | $0 |
Deferred revenue | $36,000 |
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 | $20,772 |
Total liabilities | $63,973 |
Net assets without donor restrictions | $863,229 |
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 | $927,202 |