Sherburne County Agricultural Society

Organization Overview

Sherburne County Agricultural Society, operating under the name Sherburne County Fair, is located in Elk River, MN. The organization was established in 1944. 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. Sherburne County Fair is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 09/2023, Sherburne County Fair generated $228.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $258.6k during the year ending 09/2023. While expenses have increased by 31.5% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO CONDUCT THE ANNUAL FAIR FOR THE EXHIBITION OF LIVESTOCK, AND ALL AGRICULTURAL, MECHANICAL AND WORKS OF ART LOCALLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE 2023 SHERBURNE COUNTY FAIR WAS HELD OVER THE COURSE OF FOUR DAYS IN JULY. APPROXIMATELY 16,000 INDIVIDUALS ATTENDED THE FAIR.


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Board, Officers & Key Employees

Name (title)Compensation
Jenni Axelson
President
$0
Gina Finical
Secretary
$0
Steve Foote
Treasurer
$0
Nick Paine
Vice Preside
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $57,222
All other contributions, gifts, grants, and similar amounts not included above$6,572
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$63,794
Total Program Service Revenue$122,996
Investment income $161
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $41,691
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $228,642

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