Clinton County Agricultural Society
- Assets
- $1.2m
- Revenue
- $385.8k
- Investments
- $10.0k
- Employees
- 6
- Location
- Dewitt, IA
- Founding
- 09/1952
- Data as of
- 09/2022
- EIN
- 42-6075529
Organization Overview
Clinton County Agricultural Society is located in Dewitt, IA. The organization was established in 1952. 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, Clinton County Agricultural Society employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clinton County Agricultural 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, Clinton County Agricultural Society generated $385.8k 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 (3.3%) each year. All expenses for the organization totaled $358.2k during the year ending 09/2022. 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
OUR MOST SIGNIFICANT ACTIVITY IS TO HOST THE ANNUAL COUNTY FAIR. DURING THE REMAINDER OF THE YEAR, OUR FACILTIES ARE USED FOR 4-H ACTIVITIES AND OTHER COMMUNITY EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF AGRICULTURE BY ORGANIZING AND CONDUCTING THE ANNUAL COUNTY FAIR WITH PARTICIPATION FROM 19 LOCAL 4-H, CLOVER, AND FFA CLUBS, AS WELL AS MANY ADULTS FROM THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Stevenson Fair Secreta | Officer | 20 | $15,804 |
Nancy Hughes Board Secret | Officer | 1 | $347 |
Megan Burke Vice Preside | OfficerTrustee | 2 | $0 |
Tom Hughes Treasurer | OfficerTrustee | 2 | $0 |
Chris Mcculloh President | OfficerTrustee | 2 | $0 |
Curtis Barber Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,113 |
| Government grants | $35,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,858 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,971 |
| Total Program Service Revenue | $274,603 |
| Investment income | $304 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $47,095 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,807 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $385,780 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,958 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,445 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,494 |
| Travel | $0 |
| 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 | $33,901 |
| Insurance | $0 |
| All other expenses | $93,742 |
| Total functional expenses | $358,248 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,918 |
| 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 | $1,108,306 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $10,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,245,224 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,194 |
| Total liabilities | $1,194 |
| Net assets without donor restrictions | $1,244,030 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,245,224 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Clinton County Agricultural Society has recieved totaling $13,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Dubuque Dubuque, IA PURPOSE: Community Support | $10,000 |
Allison Everett Pearson Foundation Clinton, IA PURPOSE: FOR CHARITABLE PURPOSES | $3,000 |
Peer Organizations
| 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 |