Carver County Agricultural Society, operating under the name Carver County Fair, is located in Waconia, MN. The organization was established in 2011. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2023, Carver County Fair employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carver County Fair is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2023, Carver County Fair generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $787.9k during the year ending 09/2023. 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
THE CARVER COUNTY FAIR WORKS TO BRING CARVER COUNTY AGRICULTURE, BUSINESS AND RESIDENTIAL COMMUNITIES TOGETHER. THIS IS DONE THROUGH EDUCATION AND INFORMATION PROVIDED TO CARVER COUNTY COMMUNITY. THIS IS DONE BY HOSTING AN ANNUAL FAIR FIVE DAYS EACH YEAR IN THE MONTH OF AUGUST. THE PURPOSE OF THE FAIR IS TO PROVIDE A MEANS TO SHARE AND COORDINATE THE USE OF THE CARVER COUNTY FAIRGROUNDS, TO PRODUCE THE ANNUAL CARVER COUNTY FAIR AND TO PROMOTE HARMONY AND GOODWILL WITHIN THE COMMUNITY. THE GOAL IS TO UNIFY THE AGRICULTURE, BUSINESS AND COMMUNITY MEMBERS IN A FUN, FAMILY CENTERED ATMOSPHERE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FAIR IS PUT ON ANNUALLY TO EDUCATE THE COMMUNITY ABOUT AGRICULTURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Klein President | Trustee | 5 | $0 |
Meldon Melcher 1st Vice President | Trustee | 5 | $0 |
Steve Rolf 2nd Vice President | Trustee | 5 | $0 |
Laura Pavek Treasurer | Trustee | 5 | $0 |
Jason Harms Secretary | Trustee | 5 | $0 |
Melissa Bisek Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $20,903 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $136,633 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $157,536 |
Total Program Service Revenue | $849,384 |
Investment income | $14,536 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $42,227 |
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 | $1,063,683 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $58,725 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,697 |
Fees for services: Management | $0 |
Fees for services: Legal | $79 |
Fees for services: Accounting | $7,341 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $72,260 |
Office expenses | $8,914 |
Information technology | $4,211 |
Royalties | $0 |
Occupancy | $140,453 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $30,382 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $71,297 |
Insurance | $28,191 |
All other expenses | $91,460 |
Total functional expenses | $787,932 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,042,159 |
Savings and temporary cash investments | $0 |
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 | $2,116,231 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,158,390 |
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 | $3,158,390 |
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 | $3,158,390 |