Floyd County Fair Society

Organization Overview

Floyd County Fair Society is located in Charles City, IA. The organization was established in 1987. 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. Floyd County Fair Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2022, Floyd County Fair Society generated $581.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $566.3k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE OBJECT OF THIS CORPORATION SHALL BE TO ANNUALLY HOLD A FAIR IN FLOYD COUNTY, IOWA, TO FURTHER INTERESTS IN AGRICULTURE AND TO ENCOURAGE THE IMPROVEMENT OF AGRICULTURAL PRODUCTS, LIVESTOCK, ARTICLES OF DOMESTIC INDUSTRY, IMPLEMENTS, AND OTHER MECHANICAL DEVICES IN FLOYD COUNTY, IOWA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF THIS CORPORATION SHALL BE TO ANNUALLY HOLD A FAIR IN FLOYD COUNTY, IOWA, TO FURTHER INTERESTS IN AGRICULTURE AND TO ENCOURAGE THE IMPROVEMENT OF AGRICULTURAL PRODUCTS, LIVESTOCK, ARTICLES OF DOMESTIC INDUSTRY, IMPLEMENTS, AND OTHER MECHANICAL DEVICES IN FLOYD COUNTY, IOWA.


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Board, Officers & Key Employees

Name (title)Compensation
Melissa Merriss
Treasurer
$0
Mike Quade
Vice-Preside
$0
Kelsey Uetz
President
$0
Jen Schmitt
Secretary
$0
Jeff Harris
Director
$0
Kierstin Heim
Director
$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$240,088
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$240,088
Total Program Service Revenue$97,930
Investment income $70
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $78,323
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 $581,407

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Floyd County Fair Society has recieved totaling $23,530.

Awarding OrganizationAmount
First Citizens National Bank Charitable Foundation Inc

Mason City, IA

PURPOSE: CONSTRUCT BUILDINGFOR 4-H FOOD STANDAND INDOOR ENTERTAINMENT

$12,500
First Security Foundation

Charles City, IA

PURPOSE: GENERAL FUND

$10,000
First Citizens National Bank Charitable Foundation Inc

Mason City, IA

PURPOSE: MATCHING GIFT

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$30
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$63,621
Earnings-$5,743
Admin Expense$737
Net Contributions$4,575
Ending Balance$61,716

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