Tennessee Association Of Fairs is located in Fayetteville, TN. The organization was established in 1998. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, 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. Tennessee Association Of Fairs 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 02/2022, Tennessee Association Of Fairs generated $718.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $715.2k during the year ending 02/2022. While expenses have increased by 24.7% 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 2022, Tennessee Association Of Fairs has awarded 55 individual grants totaling $560,000. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE TENNESSEE ASSOCIATION OF FAIRS, INC. IS TO PROMOTE AGRICULTURAL FAIRS, LIVESTOCK SHOWS, COMMUNITY FAIRS, AND YOUTH FAIRS, AND TO ENCOURAGE BY MUTUAL HELPFULNESS, THE GROWTH AND USEFULNESS OF ALL FAIRS, STATE AND COUNTY, THAT MAY NOW OR IN THE FUTURE BECOME AFFILIATED WITH THIS ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE AGRICULTURAL FAIRS, LIVESTOCK SHOWS, COMMUNITY FAIRS, AND YOUTH FAIRS, AND TO ENCOURAGE BY MUTUAL HELPFULNESS, THE GROWTH AND USEFULNESS OF ALL FAIRS, STATE AND COUNTY, THAT MAY NOW OR IN THE FUTURE BECOME AFFILIATED WITH THIS ORGANIZATION.
TO PROMOTE AGRICULTURAL FAIRS, LIVESTOCK SHOWS, COMMUNITY FAIRS, AND YOUTH FAIRS, AND TO ENCOURAGE BY MUTUAL HELPFULNESS, THE GROWTH AND USEFULNESS OF ALL FAIRS, STATE AND COUNTY, THAT MAY NOW OR IN THE FUTURE BECOME AFFILIATED WITH THIS ORGANIZATION. ACCORDINGLY, THE STATE GRANT WAS DISTRIBUTED TO FIFTY FIVE (55) TENNESSEE COUNTY FAIRS AS LISTED ON SCHEDULE I, PART II (1,.... ETC).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Emily Pitcock Executive Se | Officer | 15 | $10,000 |
Will Lowery President | Officer | 10 | $3,500 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $10,605 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $572,152 |
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 | $582,757 |
Total Program Service Revenue | $135,137 |
Investment income | $324 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $718,218 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $560,000 |
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 | $13,500 |
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 | $1,382 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $4,081 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,207 |
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 | $0 |
Insurance | $0 |
All other expenses | $9,220 |
Total functional expenses | $715,232 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $71,305 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $71,305 |
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 | $71,305 |
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 | $71,305 |
Over the last fiscal year, Tennessee Association Of Fairs has awarded $560,000 in support to 55 organizations.
Grant Recipient | Amount |
---|---|
DEKALB COUNTY FAIR PURPOSE: PROMOTE COUNTY FAIRS | $10,182 |
DECATUR COUNTY FAIR PURPOSE: PROMOTE COUNTY FAIRS | $10,182 |
CUMBERLAND COUNTY FAIR PURPOSE: PROMOTE COUNTY FAIRS | $10,182 |
FRANKLIN COUNTY FAIR PURPOSE: PROMOTE COUNTY FAIRS | $10,182 |
DICKSON COUNTY FAIR PURPOSE: PROMOTE COUNTY FAIRS | $10,182 |
COFFEE COUNTY FAIR PURPOSE: PROMOTE COUNTY FAIRS | $10,182 |
Organization Name | Assets | Revenue |
---|---|---|
National Thoroughbred Racing Lexington, KY | $16,910,608 | $10,577,962 |
Club Management Association Of America Alexandria, VA | $9,061,595 | $8,552,388 |
Professional Disc Golf Association Appling, GA | $8,115,447 | $8,426,910 |
North Carolina High School Athletic Chapel Hill, NC | $37,882,945 | $5,726,168 |
International Coach Federation Inc Lexington, KY | $18,635,968 | $11,387,975 |
Association Of Old Crows Alexandria, VA | $7,888,932 | $4,006,226 |
American Volleyball Coaches Assn Lexington, KY | $2,919,842 | $2,493,075 |
American Association Of Independent Professional Baseball Ltd Winston Salem, NC | $708,199 | $1,166,697 |
Intercollegiate Mens Lacrosse Coaches Association Durham, NC | $240,153 | $985,347 |
Gateway Section Of Professional Golfers Association Of America Chesterfield, MO | $1,114,758 | $931,647 |
Tennessee Association Of Fairs Fayetteville, TN | $71,305 | $718,218 |
Gladiators Athletic Association Inc Johns Creek, GA | $456,616 | $693,124 |