Watonwan County Agricultural Association
- Assets
- $78.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St James, MN
- Founding
- 10/1995
- Data as of
- 09/2022
- EIN
- 41-1469750
Organization Overview
Watonwan County Agricultural Association is located in St James, MN. The organization was established in 1995. 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. Watonwan County Agricultural Association 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 09/2022, Watonwan County Agricultural Association generated $135.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $96.8k during the year ending 09/2022. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION OPERATES AN ANNUAL COUNTY FAIR FOR THE PURPOSE OF EDUCATION AND PROMOTION OF AGRICULTURE. ATTENDANCE AT THE FAIR WAS APPROXIMATELY 8,000 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Craig Secretary | 6 | $550 | |
Natalie Teigum Treasurer | 6 | $550 | |
Becky Cronk As Of Nov 21 President | 6 | $0 | |
Paul Haler Vice President | 6 | $0 | |
Norman Steinbrink Director | 1 | $0 | |
Thor Teigum Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,329 |
| Total Program Service Revenue | $51,132 |
| Membership dues | $0 |
| Investment income | $185 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,662 |
| Other Revenue | $0 |
| Total Revenue | $135,308 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,100 |
| Professional fees and other payments to independent contractors | $1,243 |
| Occupancy, rent, utilities, and maintenance | $2,629 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $91,834 |
| Total expenses | $96,806 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,746 |
| Other assets | $0 |
| Total assets | $78,746 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,746 |
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 |