Waseca County Agricultural Society
- Assets
- $108.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 10
- Location
- Waseca, MN
- Founding
- 10/2012
- EIN
- 41-0740275
Organization Overview
Waseca County Agricultural Society is located in Waseca, MN. The organization was established in 2012. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2022, Waseca County Agricultural Society employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waseca County Agricultural Society 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 undefined, Waseca County Agricultural Society generated $80.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $95.4k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (16.5%) per year over the past 6 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
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AGRICULTURAL PROGRAMS & ACTIVITES FOR WASECA COUNTY AREA YOUTH & ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE AGRICULTURAL PROGRAMS & ACTIVITES FOR WASECA COUNTY AREA YOUTH & ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Dulas Sec/treasurer | OfficerTrustee | 10 | $7,525 |
Kelly Martens 1st Vice Pres | OfficerTrustee | 4 | $0 |
Mike Harguth President | OfficerTrustee | 4 | $0 |
Jared Krassin 1st Vice Pres | OfficerTrustee | 4 | $0 |
Jennie Johnson 2ndce President | Trustee | 3 | $0 |
Gary Conrath Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,576 |
| Total Program Service Revenue | $10,132 |
| Membership dues | $0 |
| Investment income | $25,416 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,583 |
| Total Revenue | $80,707 |
| Statement of Expenses | |
|---|---|
| Total expenses | $95,364 |
| Balance Sheet | |
|---|---|
| Total assets | $108,731 |
| Total liabilities | $18,435 |
| Net assets or fund balances | $90,296 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Waseca County Agricultural Society has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
Minnesota Community Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $5,500 |
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 |