Mason County Fair Inc is located in Point Pleasant, WV. The organization was established in 2010. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Mason County Fair Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mason 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 12/2023, Mason County Fair Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 3.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
COUNTY FAIR
Describe the Organization's Program Activity:
Part 3 - Line 4a
COUNTY FAIR
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Benny Hoffman President | Officer | 10 | $0 |
Heidi Wood 1st V. P. | Officer | 4 | $0 |
R F Stein 2nd V. P. | Officer | 4 | $0 |
Rachel Dunn Secretary | Officer | 4 | $0 |
Sally Dangerfield Asst Secretary | Officer | 2 | $0 |
Nickki Hunt Treasurer | Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $75 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $15,470 |
All other contributions, gifts, grants, and similar amounts not included above | $6,157 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $21,702 |
Total Program Service Revenue | $1,154,222 |
Investment income | $348 |
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 | $1,176,272 |
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. | $8,500 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $19,100 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,315 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $395 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $29,677 |
Office expenses | $7,560 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $49,835 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,379 |
Insurance | $2,902 |
All other expenses | $35,845 |
Total functional expenses | $1,135,875 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $260,112 |
Savings and temporary cash investments | $8,808 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,839 |
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 | $245,111 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $522,870 |
Accounts payable and accrued expenses | $2,079 |
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 | $2,079 |
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 | $520,791 |
Total liabilities and net assets/fund balances | $522,870 |