Faribault County Agricultural Society

Organization Overview

Faribault County Agricultural Society is located in Blue Earth, MN. The organization was established in 1945. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faribault County Agricultural Society is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 09/2021, Faribault County Agricultural Society generated $114.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $94.2k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AGRICULTURE EDUCATION AND ADVANCEMENT.TO SPONSOR THE FARIBAULT COUNTY FAIR

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO FOSTER INFORMATION AND EDUCATIONAL PROGRAMS IN AGRICULTURE. TO ENCOURAGE OTHER ENDEAVORS IN HUMANITIES, ARTS, INDUSTRY, AND OTHER SKILLS THROUGH 4-H, FFA, AND OTHER YOUTH PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Joe Stevermer
Vice President
$0
Robin Stenzel
Secretary
$0
Rob Tvedten
Vice President
$0
David Murray
Treasurer
$0
Marlin Prange
President
$0
Daryl Murray
Director
$0

Financial Statements

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$9,007
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,007
Total Program Service Revenue$0
Investment income $555
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $94,031
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 $114,052

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