Panhandle South Plains Fair Association

Organization Overview

Panhandle South Plains Fair Association is located in Lubbock, TX. The organization was established in 1938. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 11/2021, Panhandle South Plains Fair Association employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Panhandle South Plains Fair Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 11/2021, Panhandle South Plains Fair Association generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.8m during the year ending 11/2021. While expenses have increased by 0.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

AGRICULTURAL FAIR AND EXPOSITION

Describe the Organization's Program Activity:

Part 3 - Line 4a

AGRICULTURAL FAIR AND EXPOSITION


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer Wallace
General Manager
$84,251
Alan Henry
President
$0
Robert Granfeldt
Secretary/treasurer
$0
Ellwood Keeney
Vice President
$0
Marciano Morales
Director
$0
Gary Greenstreet
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Galyean Insulating
Insulation Services
$647,264
Ccw Inc
Equipment, Installation
$952,300
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $104,935
All other contributions, gifts, grants, and similar amounts not included above$9,100
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$114,035
Total Program Service Revenue$1,756,277
Investment income $52,499
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $90,896
Net Gain/Loss on Asset Sales $36,903
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,087,500

Endowment Analysis

Beg. Balance$25,000
Ending Balance$25,000

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