Burleson County Fair Association Inc is located in Caldwell, TX. The organization was established in 1989. 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. Burleson County Fair Association 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 12/2021, Burleson County Fair Association Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 2.0% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES A FORUM FOR SCHOOL AGE CHILDREN TO SHOW AND SELL LIVESTOCK AND PROVIDES SCHOLARSHIP MONEY FOR FUTHERING THEIR EDUCATION IN AGRICULTURE.
Describe the Organization's Program Activity:
PROVIDES A FORUM FOR SHCOOL AGE CHILDREN TO SHOW AND SELL LIVESTOCK. IT TEACHES THEM THE VALUE OF HARD WORK, TIME MANAGEMENT, & ENCOURAGES THEM TO PURSUE CAREERS IN THE AGRICULTURAL FIELD
PROVIDE SCHOLARSHIP MONEY FOR FUTHERING THEIR EDUCATION IN AGRICULTURE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Trnka Board Director | Trustee | 7 | $3,100 |
Stacy Stefka President | OfficerTrustee | 7 | $0 |
Kim Giesenschlag Vice-President | OfficerTrustee | 7 | $0 |
Helen Paul Treasurer | OfficerTrustee | 7 | $0 |
Dennis Gaas Secretary | OfficerTrustee | 7 | $0 |
Anthony Muzny Reporter | OfficerTrustee | 7 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $150,960 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $118,418 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $269,378 |
Total Program Service Revenue | $2,557,931 |
Investment income | $16 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$37,159 |
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 | $3,577 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,795,009 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $26,500 |
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 | $0 |
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 | $9,095 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $10,220 |
Office expenses | $9,701 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,510 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $52,207 |
Insurance | $6,794 |
All other expenses | $256,665 |
Total functional expenses | $2,708,994 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $173,681 |
Savings and temporary cash investments | $83,577 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $231,363 |
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 | $647,784 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,136,405 |
Accounts payable and accrued expenses | $26,406 |
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 | $115,561 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $141,967 |
Net assets without donor restrictions | $0 |
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 | $994,438 |
Total liabilities and net assets/fund balances | $1,136,405 |
Over the last fiscal year, we have identified 1 grants that Burleson County Fair Association Inc has recieved totaling $6,000.
Awarding Organization | Amount |
---|---|
Chilifest Inc College Station, TX PURPOSE: to provide financial support | $6,000 |
Organization Name | Assets | Revenue |
---|---|---|
Houston Livestock Show And Rodeo Educational Fund Houston, TX | $117,451,664 | $14,021,217 |
Earth Day Texas Inc Dallas, TX | $1,234,061 | $10,432,701 |
Bell County Expo Inc Belton, TX | $3,987,483 | $11,578,565 |
Albuquerque International Balloon Fiesta Inc Albuquerque, NM | $13,518,280 | $13,246,865 |
Gentilly Carnival Club Jefferson, LA | $3,366,886 | $4,740,044 |
Expo Center Of Taylor County Abilene, TX | $1,469,726 | $5,612,899 |
Arkansas Livestock Show Assoc Little Rock, AR | $4,870,203 | $5,931,539 |
Fairfield Village Community Inc Houston, TX | $4,878,144 | $5,460,075 |
International Association Of Venue Managers Inc Coppell, TX | $4,566,324 | $3,596,917 |
Petroleum Equipment Institute Tulsa, OK | $10,127,893 | $3,682,039 |
Austin County Fair Association Inc Bellville, TX | $2,038,389 | $3,840,084 |
Washington County Fair Association Brenham, TX | $1,247,052 | $3,262,876 |