Franklin County Agri & Fair Assoc

Organization Overview

Franklin County Agri & Fair Assoc is located in Hampton, IA. The organization was established in 1940. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Franklin County Agri & Fair Assoc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin County Agri & 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 09/2021, Franklin County Agri & Fair Assoc generated $703.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $598.2k during the year ending 09/2021. While expenses have increased by 2.6% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

NON-PROFIT OPERATION OF THE FRANKLIN COUNTY FAIR AND CONVENTINO CENTER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE EXPENDITURES ALLOWED THE COUNTY FAIR AND CONVENTION CENTER TO OPERATE.


THE EXPENDITURES ALLOWED THE COUNTY FAIR AND CONVENTION CENTER TO OPERATE.


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Board, Officers & Key Employees

Name (title)Compensation
Jon Baltes
President
$0
Rodney Peters
Vice Preside
$0
Tanner Brass
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$138,529
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$138,529
Total Program Service Revenue$564,430
Investment income $63
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $703,022

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