Yellow Medicine County Fair Assoc
- Assets
- $139.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canby, MN
- Founding
- 04/1945
- Data as of
- 09/2022
- EIN
- 41-6037656
Organization Overview
Yellow Medicine County Fair Assoc is located in Canby, MN. The organization was established in 1945. 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. Yellow Medicine County Fair Assoc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2022, Yellow Medicine County Fair Assoc generated $137.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $125.4k during the year ending 09/2022. While expenses have increased by 13.5% 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
ANNUAL COUNTY FAIR WHOSE LOCAL RESIDENTS DISPLAY THEIR LIVESTOCK, FARM PRODUCE, AND CRAFTS WITH THE WINNERS ADVANCING TO THE STATE FAIR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabby Nemitz President | 2 | $1,500 | |
Doug Coil Vice President | 2 | $0 | |
Amy Nemitz Treasurer | 3 | $750 | |
Holly Hoffman Secretary | 0 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,856 |
| Total Program Service Revenue | $74,132 |
| Membership dues | $0 |
| Investment income | $198 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,186 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,505 |
| Professional fees and other payments to independent contractors | $200 |
| Occupancy, rent, utilities, and maintenance | $31,813 |
| Printing, publications, postage, and shipping | $478 |
| Other expenses | $90,394 |
| Total expenses | $125,390 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,596 |
| Other assets | $0 |
| Total assets | $139,532 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,532 |