Minnesota Federation Of County Fairs
- Assets
- $200.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aitkin, MN
- Founding
- 12/1944
- Data as of
- 12/2021
- EIN
- 41-0731480
Organization Overview
Minnesota Federation Of County Fairs is located in Aitkin, MN. The organization was established in 1944. 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. Minnesota Federation Of County Fairs is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Minnesota Federation Of County Fairs generated $39.4k 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 (7.1%) each year. All expenses for the organization totaled $60.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ANNUAL CONVENTION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tiffany Gustin Executive Secretary | 10 | $0 | |
Kirk Peysar Treasurer | 2 | $0 | |
Dennis Van Moorlehem Director | 0 | $0 | |
Steve Hallan Vice President | 0 | $0 | |
Jodie Grabarski Director | 0 | $0 | |
Steve Storck President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $34,000 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,385 |
| Total Revenue | $39,394 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,780 |
| Professional fees and other payments to independent contractors | $35,260 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,277 |
| Total expenses | $60,317 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,592 |
| Other assets | $0 |
| Total assets | $200,295 |
| Total liabilities | $141,141 |
| Net assets or fund balances | $59,154 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fair And Exposition Society Of Jones County Inc Monticello, IA | $5,659,527 | $5,307,608 |
Minnesota Fair Plan Bloomington, MN | $3,079,043 | $3,023,700 |
Sioux Empire Fair Association Sioux Falls, SD | $1,938,315 | $2,671,698 |
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 |
Walworth County Agricultural Society Elkhorn, WI | $2,948,383 | $904,049 |
Shawano Area Agricultural Society Inc Shawano, WI | $1,017,818 | $1,408,309 |
Delaware County Fair Society Inc Manchester, IA | $1,772,483 | $1,454,892 |
Waukesha County Fair Association Pewaukee, WI | $206,994 | $1,201,405 |
Wisconsin Petroleum Marketers & Convenience Store Assoc Inc Madison, WI | $990,157 | $1,279,853 |