Watonwan County Agricultural Association
- Assets
- $130.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St James, MN
- Founding
- 10/1995
- Data as of
- 09/2023
- 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 09/2023, Watonwan County Agricultural Association generated $148.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $96.8k during the year ending 09/2023. While expenses have increased by 4.1% per year over the past 8 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
2023
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 |
|---|---|---|---|
Becky Cronk President | 6 | $0 | |
Paul Haler Vice President | 6 | $0 | |
Natalie Teigum Treasurer | 6 | $550 | |
Sue Craig Secretary | 6 | $550 | |
James Firchau Director | 1 | $0 | |
Norman Steinbrink Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,416 |
| Total Program Service Revenue | $88,481 |
| Membership dues | $0 |
| Investment income | $739 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,498 |
| Other Revenue | $0 |
| Total Revenue | $148,134 |
| 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 | $2,504 |
| Occupancy, rent, utilities, and maintenance | $3,509 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $89,644 |
| Total expenses | $96,757 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $130,123 |
| Other assets | $0 |
| Total assets | $130,123 |
| Total liabilities | $0 |
| Net assets or fund balances | $130,123 |