Tennessee Association Of Fairs
- Assets
- $89.3k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Fayetteville, TN
- Founding
- 07/1998
- Data as of
- 02/2023
- EIN
- 62-1202100
Organization Overview
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 02/2023, Tennessee Association Of Fairs generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 51.9% each year . All expenses for the organization totaled $1.2m during the year ending 02/2023. While expenses have increased by 49.7% per year over the past 5 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 103 individual grants totaling $1,562,230. 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
2023
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 FORTY-EIGHT (48) TENNESSEE COUNTY FAIRS AS LISTED ON SCHEDULE I, PART II (1,.... ETC) AND ONE INTERNATIONAL ASSOCIATION OF FAIRS & EXPOSITIONS (IAFE).
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Pitcock Executive Se | Officer | 15 | $10,000 |
Will Lowery President | Officer | 10 | $1,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,700 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,015,953 |
| 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 | $1,026,653 |
| Total Program Service Revenue | $150,212 |
| Investment income | $132 |
| 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 | $1,176,997 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,006,205 |
| 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 | $11,750 |
| 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 | $1,362 |
| 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 | $4,477 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $649 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $825 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,655 |
| Total functional expenses | $1,158,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,341 |
| 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 | $89,341 |
| 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 | $89,341 |
| 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 | $89,341 |
Grants Awarded
Over the last fiscal year, Tennessee Association Of Fairs has awarded $1,002,230 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
ANDERSON COUNTY FAIR PURPOSE: PROMOTE COUNTY FAIRS | $20,833 |
BENTON COUNTY FAIR PURPOSE: PROMOTE COUNTY FAIRS | $20,933 |
BLEDSOE COUNTY FAIR PURPOSE: PROMOTE COUNTY FAIRS | $20,833 |
BEDFORD COUNTY FAIR PURPOSE: PROMOTE COUNTY FAIRS | $20,958 |
CARROLL COUNTY FAIR PURPOSE: PROMOTE COUNTY FAIRS | $20,833 |
CHEATHAM COUNTY FAIR PURPOSE: PROMOTE COUNTY FAIRS | $20,951 |