Wilson County Promotions Inc
- Assets
- $3.2m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 26
- Location
- Lebanon, TN
- Founding
- 09/1980
- Data as of
- 12/2021
- EIN
- 62-1088535
Organization Overview
Wilson County Promotions Inc, operating under the name Wilson County Fair - Tn State Fair, is located in Lebanon, TN. The organization was established in 1980. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Wilson County Fair - TN State Fair employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wilson County Fair - TN State Fair is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Wilson County Fair - TN State Fair generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 9.3% per year over the past 7 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.
Since 2015, Wilson County Fair - TN State Fair has awarded 15 individual grants totaling $2,808,908. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF THE WILSON COUNTY, TN, FAIR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONDUCTS AN ANNUAL FAIR IN WILSON COUNTY. IT IS NUMBER ONE IN THE STATE IN ATTENDANCE AND HAS RECEIVED MANY AWARDS ON BOTH THE STATE AND NATIONAL LEVELS. A LARGE PORTION OF THE FAIR'S PROCEEDS ARE EXPENDED ON IMPROVEMENTS TO THE FAIR GROUNDS OWNED BY THE WILSON COUNTY GOVERNMENT.
THE ORGANIZATION CONDUCTS AN ANNUAL FAIR IN WILSON COUNTY. IT IS NUMBER ONE IN THE STATE IN ATTENDANCE AND HAS RECEIVED MANY AWARDS ON BOTH THE STATE AND NATIONAL LEVELS. A LARGE PORTION OF THE FAIR'S PROCEEDS ARE EXPENDED ON IMPROVEMENTS TO THE FAIR GROUNDS OWNED BY THE WILSON COUNTY GOVERNMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Mcpeak Executive Di | Trustee | 40 | $86,061 |
Randall Clemons President | OfficerTrustee | 6 | $0 |
Jimmy Comer Vice Preside | OfficerTrustee | 6 | $0 |
Lynette Taylor Treasurer | OfficerTrustee | 6 | $0 |
Karen Johnson Secretary | OfficerTrustee | 6 | $0 |
Joe Holbrook Director | Trustee | 6 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wilson County Vending And Sec | 12/30/15 | $163,900 |
Adc Inc Construction | 12/30/15 | $122,785 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $987,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $782,185 |
| Noncash contributions included in lines 1a–1f | $407,682 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,769,585 |
| Total Program Service Revenue | $2,343,240 |
| Investment income | $8,769 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $750 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,128,841 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $277,962 |
| 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 | $439,966 |
| 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 | $9,252 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $148,344 |
| Office expenses | $138,860 |
| Information technology | $48,282 |
| Royalties | $0 |
| Occupancy | $94,735 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,108 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,803 |
| Insurance | $74,133 |
| All other expenses | $89,614 |
| Total functional expenses | $3,037,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $318,618 |
| Savings and temporary cash investments | $1,918,596 |
| Pledges and grants receivable | $600,000 |
| Accounts receivable, net | $9,518 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,865 |
| Prepaid expenses and deferred charges | $63,690 |
| Net Land, buildings, and equipment | $282,584 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,000 |
| Total assets | $3,248,871 |
| Accounts payable and accrued expenses | $71,173 |
| 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 | $12,475 |
| Total liabilities | $83,648 |
| Net assets without donor restrictions | $2,565,223 |
| Net assets with donor restrictions | $600,000 |
| 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 | $3,248,871 |
Grants Awarded
Over the last fiscal year, Wilson County Promotions Inc has awarded $277,962 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WILSON COUNTY TN PURPOSE: MAINTAIN FAIRGROUND | $206,074 |
WILSON COUNTY TN PURPOSE: MAINTAIN FAIRGROUND | $56,638 |
FIDDLERS GROVE FOUNDATION PURPOSE: MAINTAIN FAIRGROUND | $15,250 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wilson County Promotions Inc has recieved totaling $19,795.
| Awarding Organization | Amount |
|---|---|
Tennessee Farm Bureau Federation Columbia, TN PURPOSE: WILSON COUNTY PROMOTIONS FAIR SPONSORSHIP | $12,500 |
Vanderbilt University Medical Center Nashville, TN PURPOSE: Contribution | $7,295 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Barton County Elec Coop Inc Lamar, MO | $53,305,232 | $19,554,475 |
Reston Association Reston, VA | $43,721,869 | $19,863,227 |
Center Forward Mc Lean, VA | $3,661,131 | $18,823,440 |
American Legislative Exchange Council Arlington, VA | $8,013,515 | $9,832,106 |
North Delta Planning & Development District Inc Batesville, MS | $14,661,915 | $8,498,634 |
Cristo Rey Kansas City Kansas City, MO | $7,796,405 | $4,970,520 |
City Of Pikeville Exposition Center Corporation Pikeville, KY | $1,321,608 | $4,939,974 |
Brotherhood Of Maintenance Of Way Employees Mayfield, KY | $4,737,490 | $3,573,473 |
Wilson County Promotions Inc Lebanon, TN | $3,248,871 | $4,128,841 |
Devou Properties Inc Covington, KY | $3,178,668 | $2,304,792 |
Hickman-Fulton County Riverport Authority Inc Hickman, KY | $3,756,453 | $1,535,163 |
Virginia Public Access Project Richmond, VA | $1,129,845 | $1,349,263 |