Fair St Louis Foundation
- Assets
- $2.7m
- Revenue
- $872.9k
- Investments
- $0.0
- Employees
- 3
- Location
- St Louis, MO
- Founding
- 01/1994
- Data as of
- 11/2021
- EIN
- 43-1218720
Organization Overview
Fair St Louis Foundation is located in St Louis, MO. The organization was established in 1994. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 11/2021, Fair St Louis Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fair St Louis Foundation 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 11/2021, Fair St Louis Foundation generated $872.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $881.1k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WAS FORMED TO ORGANIZE AND OPERATE AN ANNUAL SUMMER EVENT FOR THE ST. LOUIS COMMUNITY TO ENJOY FREE ENTERTAINMENT ON THE ST. LOUIS RIVERFRONT IN AN EFFORT TO REVITALIZE THE DOWNTOWN ST. LOUIS AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION AND PRODUCTION OF FAIR ST. LOUIS; NORMALLY HELD ON THE ARCH GROUNDS FOR THE ST. LOUIS COMMUNITY TO PROMOTE PATRIOTISM AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Estes Chair | OfficerTrustee | 4 | $0 |
James Johnson III Vice Chair | OfficerTrustee | 4 | $0 |
James Eckhoff Vice President | OfficerTrustee | 4 | $0 |
Todd Schnuck Board President | OfficerTrustee | 4 | $0 |
Steven E Pozaric Vice President | OfficerTrustee | 4 | $0 |
Craig Campbell Treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,110 |
| All other contributions, gifts, grants, and similar amounts not included above | $787,003 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $837,113 |
| Total Program Service Revenue | $0 |
| Investment income | $35,748 |
| 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 | $872,861 |
| 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 | $164,502 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,149 |
| Payroll taxes | $11,089 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,784 |
| Office expenses | $11,010 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,000 |
| 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 | $0 |
| Insurance | $26,718 |
| All other expenses | $30,055 |
| Total functional expenses | $881,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,501,100 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,000 |
| 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 | $14,299 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,107,743 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,658,142 |
| Accounts payable and accrued expenses | $12,386 |
| 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 | $12,386 |
| Net assets without donor restrictions | $2,645,756 |
| 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 | $2,658,142 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Fair St Louis Foundation has recieved totaling $250,250.
| Awarding Organization | Amount |
|---|---|
Edward D Jones & Company Foundation St Louis, MO PURPOSE: COMMUNITY SERVICE | $150,000 |
Centene Charitable Foundation St Louis, MO PURPOSE: FAIR SAINT LOUIS 2021 | $50,000 |
St Louis Community Foundation Incorporated St Louis, MO PURPOSE: COMMUNITY BLDG, IMPROVEMENT & CAPACITY BUILDING | $20,500 |
United Way Of Greater St Louis Inc Saint Louis, MO PURPOSE: CCS - Strengthen Communities | $20,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $5,500 |
Commerce Foundation Kansas City, MO PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION. | $3,750 |
Endowment Analysis
| Beg. Balance | $948,878 |
| Earnings | $156,665 |
| Net Contributions | $2,200 |
| Ending Balance | $1,107,743 |
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 |
Liberty Bowl Festival Assn Memphis, TN | $2,194,602 | $10,839,086 |
American Royal Association Kansas City, MO | $28,283,023 | $7,000,256 |
Arkansas Livestock Show Assoc Little Rock, AR | $4,870,203 | $5,931,539 |
Lancaster County Agricultural Society Inc Lincoln, NE | $20,865,052 | $2,982,282 |
Petroleum Equipment Institute Tulsa, OK | $10,127,893 | $3,682,039 |
Friends Of The Festival Inc Chattanooga, TN | $2,789,360 | $3,355,227 |
Kentucky Derby Festival Inc Louisville, KY | $6,625,289 | $3,844,478 |
Fair And Exposition Society Of Jones County Inc Monticello, IA | $5,659,527 | $5,307,608 |
Kane County Fair St Charles, IL | $21,061,651 | $1,916,331 |
Wichita Festivals Inc Wichita, KS | $2,056,183 | $2,145,055 |