Daviess County Lions Club Fair Inc is located in Owensboro, KY. The organization was established in 1990. 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. Daviess County Lions Club 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 12/2022, Daviess County Lions Club Fair Inc generated $193.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $217.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HOST THE ANNUAL DAVIESS COUNTY, KENTUCKY, FAIR
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORING OF DAVIESS COUNTY, KENTUCKY FAIR. EXPENSE ARE INCURRED IN HOSTING THE FAIR AND FOR MAINTAINING THE FAIRGROUNDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joan Hayden Secretary | OfficerTrustee | 2 | $0 |
Karissa Morris Treasurer-Current | OfficerTrustee | 2 | $0 |
James H Bell Chairman | OfficerTrustee | 4 | $0 |
Michael Hamilton Board Of Directors | Trustee | 0 | $0 |
Dyanne Baker Board Of Directors | Trustee | 0 | $0 |
Tim Bowen Board Of Directors | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $30,634 |
All other contributions, gifts, grants, and similar amounts not included above | $800 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $31,434 |
Total Program Service Revenue | $124,865 |
Investment income | $3,284 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $17,520 |
Net Gain/Loss on Asset Sales | $1,654 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $193,661 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $12,050 |
Office expenses | $5,598 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $27,774 |
Travel | $0 |
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 | $25,393 |
Insurance | $9,864 |
All other expenses | $8,429 |
Total functional expenses | $217,370 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $42,195 |
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 | $427,468 |
Investments—publicly traded securities | $0 |
Investments—other securities | $116,264 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $585,927 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $585,927 |
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 | $585,927 |
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