North Alabama State Fair Inc is located in Muscle Shoals, AL. The organization was established in 1974. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 05/2022, North Alabama State Fair Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Alabama State Fair Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 05/2022, North Alabama State Fair Inc generated $332.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $256.0k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 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
PROVIDE THE NORTH ALABAMA AREA A MEDIUM FOR EXHIBITION AND COMPETITION OF FARM, HOUSEHOLD, AND MANUFACTURED PRODUCTS, AS WELL AS EDUCATIONAL DISPLAYS AND ENTERTAINMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE THE NORTH ALABAMA COMMUNITY A MEDIUM FOR EXHIBITION AND COMPETITION OF FARM, HOUSEHOLD, AND MANUFACTURED PRODUCTS, AS WELL AS EDUCATIONAL DISPLAYS AND ENTERTAINMENT.
PROVIDE THE NORTH ALABAMA COMMUNITY A MEDIUM FOR EXHIBITION AND COMPETITION OF FARM, HOUSEHOLD, AND MANUFACTURED PRODUCTS, AS WELL AS EDUCATIONAL DISPLAYS AND ENTERTAINMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
J C Bergin Secretary | Officer | $0 | |
David Isom President | Officer | $0 | |
Robert Lash 1st Vice Pre | Officer | $0 | |
Ken Patterson Treasurer | Officer | $0 | |
Roger Creekmore Director | Trustee | $0 | |
Brian Hall 2nd Vice Pre | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $332,510 |
Investment income | $92 |
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 | $332,602 |
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 | $62,517 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,879 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $11,314 |
Office expenses | $21,782 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $46,759 |
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 | $19,459 |
Insurance | $25,593 |
All other expenses | $4,353 |
Total functional expenses | $255,982 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $156,250 |
Savings and temporary cash investments | $251,605 |
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 | $304,834 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,211 |
Total assets | $713,900 |
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 | $8,972 |
Total liabilities | $8,972 |
Net assets without donor restrictions | $704,928 |
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 | $713,900 |
Organization Name | Assets | Revenue |
---|---|---|
South Florida Fair And Expositions Inc West Palm Beach, FL | $32,703,938 | $15,373,950 |
Liberty Bowl Festival Assn Memphis, TN | $2,194,602 | $10,839,086 |
Florida Strawberry Festival Inc Plant City, FL | $39,584,482 | $13,416,291 |
Miami-Dade County Fair & Exposition Inc Miami, FL | $15,666,768 | $1,720,352 |
Southwest Florida And Lee County Fair Assoc Inc North Fort Myers, FL | $1,940,005 | $4,555,563 |
Friends Of The Festival Inc Chattanooga, TN | $2,789,360 | $3,355,227 |
Central Florida Fair Inc Orlando, FL | $10,116,384 | $5,172,204 |
Ye Mystic Krewe Of Gasparilla Tampa, FL | $6,049,396 | $2,796,531 |
Clay County Fair Association Inc Green Cove Springs, FL | $6,279,588 | $2,806,382 |
Pensacola Interstate Fair Inc Pensacola, FL | $4,285,068 | $3,576,986 |
Volusia County Fair Association Inc Deland, FL | $2,465,184 | $2,866,756 |
Sunbelt Agricultural Exposition Inc Moultrie, GA | $986,541 | $2,489,467 |