Hamilton County Exposition is located in Webster City, 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 09/2022, Hamilton County Exposition employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hamilton County Exposition 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, Hamilton County Exposition generated $274.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $293.3k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FUND ANNUAL SIX (6) DAY COUNTY FAIR
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AN ANNUAL SIX (6) DAY AGRICULTURAL, HORTICULTURAL, AND EDUCATIONAL COUNTY FAIR WITH DISPLAYS, YOUTH PROJECTS, AND EDUCATIONAL YOUTH ACTIVITIES AND EVENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jamie Griffith Secretary | 30 | $35,889 | |
Zach Williams President | OfficerTrustee | 3 | $0 |
Tennie Carlson Treasurer | OfficerTrustee | 3 | $0 |
Marty Johnson Vice President | OfficerTrustee | 3 | $0 |
Darrel Hay Director | Trustee | 3 | $0 |
Adam Richardson Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $43,113 |
All other contributions, gifts, grants, and similar amounts not included above | $9,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $52,613 |
Total Program Service Revenue | $134,119 |
Investment income | $52 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $57,403 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $27,721 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $274,269 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $35,889 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $18,543 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,297 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,864 |
Advertising and promotion | $6,767 |
Office expenses | $1,986 |
Information technology | $658 |
Royalties | $0 |
Occupancy | $37,395 |
Travel | $97 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,777 |
Insurance | $19,732 |
All other expenses | $4,004 |
Total functional expenses | $293,345 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $143,826 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $600,201 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $744,027 |
Accounts payable and accrued expenses | $2,148 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,148 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $741,879 |
Total liabilities and net assets/fund balances | $744,027 |
Over the last fiscal year, we have identified 1 grants that Hamilton County Exposition has recieved totaling $2,550.
Awarding Organization | Amount |
---|---|
New Charitable Foundation Fort Dodge, IA PURPOSE: 4H MEMBER DUES PROGRAM | $2,550 |
Organization Name | Assets | Revenue |
---|---|---|
Iowa West Foundation Council Bluffs, IA | $531,828,155 | $56,969,163 |
Iowa State Fair Foundation Des Moines, IA | $11,002,682 | $8,403,117 |
American Royal Association Kansas City, MO | $28,283,023 | $7,000,256 |
Lancaster County Agricultural Society Inc Lincoln, NE | $20,865,052 | $2,982,282 |
Fair And Exposition Society Of Jones County Inc Monticello, IA | $5,659,527 | $5,307,608 |
Minnesota Fair Plan Bloomington, MN | $3,079,043 | $3,023,700 |
Sioux Empire Fair Association Sioux Falls, SD | $1,938,315 | $2,671,698 |
Kane County Fair St Charles, IL | $21,061,651 | $1,916,331 |
Minnesota Propane Association Zimmerman, MN | $1,583,838 | $1,664,231 |
Sheboygan County Fair Association Plymouth, WI | $2,297,030 | $1,962,294 |
Kenosha County Fair Association Inc Wilmot, WI | $2,247,686 | $1,814,776 |
German Fest Milwaukee Inc Menomonee Falls, WI | $1,157,824 | $1,461,133 |