Charles County Fair Inc is located in La Plata, MD. The organization was established in 1967. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Charles County Fair Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles County Fair Inc 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 12/2021, Charles County Fair Inc generated $788.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $627.7k during the year ending 12/2021. 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
ALL ACTIVITIES ARE FOR THE ACCOMPLISHMENT OF THE EXEMPT PURPOSE OF PUTTING ON A COUNTY FAIR. THE FAIR IS EDUCATIONAL AND IMPROVES AGRICULTURAL DEVELOPMENT FOR ALL CITIZENS IN THE COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGRICULTURAL FAIR IS EDUCATIONAL AND IMPROVES AGRICULTURAL DEVELOPMENT FOR ALL CITIZENS IN THE COUNTY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Luci Kidwell Secretary | OfficerTrustee | 5 | $0 |
Glenn Belmore President | OfficerTrustee | 5 | $0 |
Samuel Graves Jr Treasurer | OfficerTrustee | 5 | $0 |
Jim Simpson Vice President | OfficerTrustee | 3 | $0 |
Frank Wathen Member At Large | OfficerTrustee | 3 | $0 |
Kenny Hayden Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $70,193 |
All other contributions, gifts, grants, and similar amounts not included above | $22,652 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $92,845 |
Total Program Service Revenue | $554,352 |
Investment income | $671 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $140,458 |
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 | $788,326 |
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 | $22,579 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,974 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,100 |
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 | $13,670 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $139 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $100,501 |
Insurance | $40,207 |
All other expenses | $18,190 |
Total functional expenses | $627,671 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $202,896 |
Savings and temporary cash investments | $172,158 |
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 | $1,517,920 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $14,445 |
Total assets | $1,907,419 |
Accounts payable and accrued expenses | $13,894 |
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 | $13,894 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $13,820 |
Paid-in or capital surplus, or land, building, or equipment fund | $5,167 |
Retained earnings, endowment, accumulated income, or other funds | $1,874,538 |
Total liabilities and net assets/fund balances | $1,907,419 |
Over the last fiscal year, we have identified 1 grants that Charles County Fair Inc has recieved totaling $50.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Organization Name | Assets | Revenue |
---|---|---|
Printing United Alliance Fairfax, VA | $29,361,359 | $6,023,644 |
York County Agricultural Society York, PA | $13,244,124 | $7,172,303 |
Maryland State Fair And Agricultural Society Inc Timonium, MD | $17,597,510 | $10,711,144 |
Delaware State Fair Inc Harrington, DE | $38,669,423 | $11,284,455 |
National Automatic Merchandising Association Arlington, VA | $9,038,730 | $6,619,737 |
American Peanut Council Inc Alexandria, VA | $2,565,849 | $4,863,109 |
American Apparel And Footwear Association Washington, DC | $9,685,300 | $5,859,062 |
Norfolk Festevents Ltd Norfolk, VA | $2,813,598 | $4,090,710 |
National D-Day Memorial Foundation Ltd Bedford, VA | $18,908,429 | $4,372,645 |
Virginia Beach Events Unlimited Inc Virginia Beach, VA | $1,283,401 | $2,894,814 |
Pennsylvania Petroleum Association Inc Middletown, PA | $4,020,377 | $1,812,041 |
Jubilee Jumpstart Washington, DC | $889,070 | $1,778,592 |