Pipestone County Agricultural Society
- Assets
- $71.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pipestone, MN
- Founding
- 05/1945
- Data as of
- 12/2022
- EIN
- 41-6037540
Organization Overview
Pipestone County Agricultural Society is located in Pipestone, MN. The organization was established in 1945. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pipestone County Agricultural Society is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Pipestone County Agricultural Society generated $100.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $77.6k during the year ending 12/2022. 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 COMMUNITY DISPLAYS THEIR PERSONAL ITEMS, CRAFTS & LIVESTOCK AT THE ANNUAL EVENT. THE ACTIVITIES ARE THE COUNTY FAIR OF PIPESTONE COUNTY, MINNESOTA. APPROX 15,000 PEOPLE FROM THE COMMUNITY ATTEND. THERE ARE APPROX 500 EXHIBITORS & 2700 INDIVIDUAL EXHIBITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Moeller President | 5 | $1,000 | |
Scott Crawford V-President | 5 | $500 | |
Jacob Bierstedt Director | 1 | $50 | |
Amy Folkerts Secty/treas | 5 | $1,000 | |
Justin Butman Director | 1 | $50 | |
Mick Degroot Director | 1 | $50 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,467 |
| Total Program Service Revenue | $52,021 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,507 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,200 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $74,386 |
| Total expenses | $77,586 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,343 |
| Other assets | $0 |
| Total assets | $71,343 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,343 |