Greater Hillsborough County Fair Association Inc is located in Sydney, FL. The organization was established in 1996. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Hillsborough County Fair Association 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 03/2024, Greater Hillsborough County Fair Association Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $2.5m during the year ending 03/2024. While expenses have increased by 27.0% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GREATER HILLSBOROUGH COUNTY FAIR IS TO HOLD AN ANNUAL COUNTY FAIR THAT SERVES AS A VENUE FOR EVENTS, EXPERIENCES, ENTERTAINMENT AND EDUCATION FOR FAMILIES AND CHILDREN OF ALL AGES. THE GREATER HILLSBOROUGH COUNTY FAIR BOARD OF DIRECTORS, MANAGEMENT, STAFF AND VOLUNTEERS STRIVE TO MEET AND REFLECT THE NEEDS AND INTERESTS OF CITIZENS OF OUR COMMUNITY. BASED ON THE AGRICULTURAL HISTORY, CHANGES AND GROWTH OF THE COMMUNITY, NEW IDEAS AND INTERESTS OF FAIRGOERS, THE COUNTY FAIR PROVIDES AN EVER-CHANGING AND GROWING RANGE OF EXHIBITS AND COMPETITIONS, DISPLAYS AND A VARIETY OF ENTERTAINMENT SHOWS AND ACTS IN A SAFE AND FUN ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREATER HILLSBOROUGH COUNTY FAIR, INC. IS AN ANNUAL COUNTY FAIR WHICH BENEFITS ALL HILLSBOROUGH COUNTY RESIDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rhonda Burnette Treasurer | Trustee | 1 | $0 |
Aimee Carter Director | Trustee | 1 | $0 |
Suzanne Churchwell Secretary | Trustee | 1 | $0 |
James Crick Vice Preside | Trustee | 1 | $0 |
Jason Fernandez Director | Trustee | 1 | $0 |
Robert Griffin President | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,240,829 |
All other contributions, gifts, grants, and similar amounts not included above | $156,446 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,397,275 |
Total Program Service Revenue | $1,844,293 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $108 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,319,794 |
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 | $38,560 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,632 |
Fees for services: Management | $55,000 |
Fees for services: Legal | $1,250 |
Fees for services: Accounting | $8,850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $142,122 |
Office expenses | $10,620 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $91,032 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $23,787 |
Interest | $45,203 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $470,223 |
Insurance | $3,840 |
All other expenses | $760,389 |
Total functional expenses | $2,489,799 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $81,813 |
Savings and temporary cash investments | $0 |
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 | $4,274,248 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,100 |
Total assets | $4,359,161 |
Accounts payable and accrued expenses | $0 |
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 | $313,525 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,388 |
Total liabilities | $315,913 |
Net assets without donor restrictions | $4,043,248 |
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 | $4,359,161 |