Ozark Empire Fair Foundation
- Assets
- $12.4m
- Revenue
- $11.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MO
- Founding
- 11/2005
- Data as of
- 12/2022
- EIN
- 55-0855326
Organization Overview
Ozark Empire Fair Foundation is located in Springfield, MO. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ozark Empire Fair 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 12/2022, Ozark Empire Fair Foundation generated $11.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 52.6% each year . All expenses for the organization totaled $591.6k during the year ending 12/2022. While expenses have increased by 7.4% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS DEDICATED TO PRESERVING AND CULTIVATING SOUTHWEST MISSOURI'S RICH AGRICULTURAL HERITAGE BY SUPPORTING YOUTH IN AGRICULTURE AND IMPROVING THE FACILITY OF THE OZARK EMPIRE FAIR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES RESOURCES FOR THE OZARK EMPIRE FAIR TO CREATE AND PRESENT EXHIBITS AND ATTRACTIONS WHICH EMPHASIZE AGRICULTURE AND PROVIDE AN EDUCATIONAL OPPORTUNITY. THE MAIN ATTRACTION IS THE GOLD BUCKLE GALA. APPROXIMATELY 555 PEOPLE ATTEND THE EVENT, WHICH INCLUDES A MEAL, SILENT AUCTION, AND AUCTION OF THE TOP JUNIOR LIVESTOCK ENTRIES.
THE FOUNDATION PROVIDES A PROGRAM IN WHICH SPONSORSHIP FUNDS ARE OBTAINED FROM PUREBRED LIVESTOCK PRODUCERS. THESE FUNDS ARE THEN AWARDED, IN THE FORM OF 1,000 ANIMAL PURCHASE CERTIFICATES, BY RANDOM DRAWING TO YOUTH LIVESTOCK EXHIBITORS TO ASSIST THEM IN PURCHASING ANIMALS FROM THE PARTICIPATING BREEDERS.
THE FOUNDATION PROVIDES THE SUPREME BEEF AWARD PROGRAM WHICH RECOGNIZES THE TOP JUNIOR BEEF LIVESTOCK EXHIBITORS AT THE OZARK EMPIRE FAIR. A TOTAL OF 13,250 WAS DISTRIBUTED TO 4-H AND FFA MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Hardecke President | OfficerTrustee | 1 | $0 |
Brian Mcdonough Vice Preside | OfficerTrustee | 1 | $0 |
Keith Seiwert Past Chair | OfficerTrustee | 1 | $0 |
Tara Wilburn Treasurer | OfficerTrustee | 1 | $0 |
Bud Thomas Secretary | OfficerTrustee | 1 | $0 |
Jennifer Elswick Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $116,866 |
| Related organizations | $0 |
| Government grants | $8,914,268 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,224,264 |
| Noncash contributions included in lines 1a–1f | $239,766 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,255,398 |
| Total Program Service Revenue | $180,037 |
| Investment income | $31,936 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$47,393 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $40,576 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,460,554 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $154,802 |
| Grants and other assistance to domestic individuals. | $19,250 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $72,000 |
| Fees for services: Legal | $70,000 |
| Fees for services: Accounting | $6,128 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $919 |
| Office expenses | $2,714 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,077 |
| 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 | $179 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $591,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $293,662 |
| Savings and temporary cash investments | $6,218,243 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,567 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,638 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,712,283 |
| Investments—publicly traded securities | $112,767 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,358,160 |
| Accounts payable and accrued expenses | $640,999 |
| 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 | $640,999 |
| Net assets without donor restrictions | $233,397 |
| Net assets with donor restrictions | $11,483,764 |
| 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 | $12,358,160 |