Ray County Fair Inc
- Assets
- $41.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, MO
- Founding
- 08/2003
- Data as of
- 01/2023
- EIN
- 71-0888753
Organization Overview
Ray County Fair Inc is located in Richmond, MO. The organization was established in 2003. 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. Ray County 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 01/2023, Ray County Fair Inc generated $111.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $126.3k during the year ending 01/2023. While expenses have increased by 4.2% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ENCOURAGE AND FACILITATE THE GROWTH OF FUTURE AGRICULTURAL CITIZENS INCLUDING 4H & FFA YOUTH EXHIBITS, DEMOLITION DERBY, TRACTOR PULL, AND MUD RUN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Penny 1st Vice Pre | 1 | $0 | |
Ed Roberson Treasurer | 1 | $0 | |
Jeremy Mcginnis 2nd Vice Pre | 1 | $0 | |
Joel Richards President | 1 | $0 | |
Nancy Coleman Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,298 |
| Total Program Service Revenue | $96,629 |
| Membership dues | $0 |
| Investment income | $60 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,473 |
| Other Revenue | $0 |
| Total Revenue | $111,460 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $393 |
| Occupancy, rent, utilities, and maintenance | $10,104 |
| Printing, publications, postage, and shipping | $130 |
| Other expenses | $115,172 |
| Total expenses | $126,299 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,834 |
| Other assets | $0 |
| Total assets | $41,892 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,892 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa West Foundation Council Bluffs, IA | $531,828,155 | $56,969,163 |
Iowa State Fair Foundation Des Moines, IA | $11,002,682 | $8,403,117 |
Liberty Bowl Festival Assn Memphis, TN | $2,194,602 | $10,839,086 |
American Royal Association Kansas City, MO | $28,283,023 | $7,000,256 |
Arkansas Livestock Show Assoc Little Rock, AR | $4,870,203 | $5,931,539 |
Lancaster County Agricultural Society Inc Lincoln, NE | $20,865,052 | $2,982,282 |
Petroleum Equipment Institute Tulsa, OK | $10,127,893 | $3,682,039 |
Friends Of The Festival Inc Chattanooga, TN | $2,789,360 | $3,355,227 |
Kentucky Derby Festival Inc Louisville, KY | $6,625,289 | $3,844,478 |
Fair And Exposition Society Of Jones County Inc Monticello, IA | $5,659,527 | $5,307,608 |
Kane County Fair St Charles, IL | $21,061,651 | $1,916,331 |
Wichita Festivals Inc Wichita, KS | $2,056,183 | $2,145,055 |