International Association Of Fairs & Expositions
- Assets
- $3.4m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 15
- Location
- Springfield, MO
- Founding
- 10/1944
- Data as of
- 06/2023
- EIN
- 56-0603707
Organization Overview
International Association Of Fairs & Expositions is located in Springfield, MO. The organization was established in 1944. According to its NTEE Classification (N01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, International Association Of Fairs & Expositions employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Of Fairs & Expositions is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, International Association Of Fairs & Expositions generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $2.0m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY EXEMPT PURPOSE OF THE ASSOCIATION IS TO LEAD IN REPRESENTING AND FACILITATING THE EVOLVING INTERESTS OF AGRICULTURE FAIRS, EXHIBITIONS AND SHOW ASSOCIATIONS. THE IAFE IS A TRADE ASSOCIATION REPRESENTING THE AGRICULTURE FAIRS OF THE UNITED STATES, CANADA AND SEVERAL FOREIGN COUNTRIES. THE ASSOCIATION PROVIDES SEMINARS, WORKSHOPS AND CONFERENCES ON HOW TO BETTER EXHIBIT LIVESTOCK, HOBBIES, CANNED GOODS, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN ANNUAL CONVENTION AND TRADE SHOW ARE HELD EACH YEAR. APPROXIMATELY 2,500 MEMBERS AND ASSOCIATES ATTEND TO ELECT OFFICERS AND ATTEND WORKSHOPS. IN ADDITION, WE CONDUCT EDUCATIONAL CONFERENCES AND SEMINARS.
THE ASSOCIATION CONDUCTS MANAGEMENT CONFERENCES AND SPECIALTY SEMINARS RELATING TO VARIOUS ASPECTS OF AGRICULTURAL FAIRS' OPERATIONS, AN INSTITUTE OF FAIR MANAGEMENT AND CYBER SEMINARS. THE SEMINARS, CONVENTIONS, CONFERENCES AND PUBLICATIONS ALL OFFER AN ELEMENT OF EDUCATION. VARIOUS SURVEYS OF ASSOCIATE AND FAIR MEMBERS ARE CONDUCTED ANNUALLY. SURVEY RESULTS ARE SHARED WITH ASSOCIATE AND FAIR MEMBERS.
ALL OTHER RELATED MEMBERSHIP SERVICE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marla Calico Cfe President & | OfficerTrustee | 40 | $192,069 |
Brandon Bird Zone 7 | Trustee | 5 | $0 |
Aaron Owen Cfe Zone 5 | Trustee | 5 | $0 |
Eugene Cassidy Cfe Past Chair | OfficerTrustee | 5 | $0 |
Jennifer Giesike Cfe Chair | OfficerTrustee | 5 | $0 |
Jeremy Parsons Cfe Immediate Pa | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,052,617 |
| Investment income | $86,543 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$57,789 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,081,371 |
| 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. | $192,069 |
| Compensation of current officers, directors, key employees. | $51,859 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $520,549 |
| Pension plan accruals and contributions | $86,843 |
| Other employee benefits | $125,350 |
| Payroll taxes | $51,431 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,637 |
| Fees for services: Accounting | $40,152 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,178 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $87,574 |
| Information technology | $80,401 |
| Royalties | $0 |
| Occupancy | $44,974 |
| Travel | $29,993 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $479,986 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,723 |
| Insurance | $23,435 |
| All other expenses | $68,456 |
| Total functional expenses | $2,027,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $307,654 |
| Savings and temporary cash investments | $168,553 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,480 |
| 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 | $78,819 |
| Net Land, buildings, and equipment | $37,759 |
| Investments—publicly traded securities | $2,715,383 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $24,972 |
| Other assets | $0 |
| Total assets | $3,380,620 |
| Accounts payable and accrued expenses | $22,099 |
| Grants payable | $0 |
| Deferred revenue | $321,517 |
| 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 | $249,328 |
| Total liabilities | $592,944 |
| Net assets without donor restrictions | $2,787,676 |
| 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 | $3,380,620 |