Central Washington Fair Association
- Assets
- $6.9m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 281
- Location
- Yakima, WA
- Founding
- 12/1992
- Data as of
- 12/2023
- EIN
- 91-0171268
Organization Overview
Central Washington Fair Association is located in Yakima, WA. The organization was established in 1992. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Central Washington Fair Association employed 281 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Washington Fair Association 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 12/2023, Central Washington Fair Association generated $5.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $5.3m during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRODUCE AN ANNUAL AGRICULTURAL FAIR AND DEVELOP YEAR-AROUND USE OF FACILITIES. (SEE SCHEDULE O)WITH A COMMITMENT TO:- PRESERVE AND DEVELOP OUR HISTORIC GROUNDS AND YEAR-ROUND MULTI-USE FACILITIES;- OFFER QUALITY AND DIVERSITY OF ENTERTAINMENT, SPORTS, AND EDUCATION;- PROVIDE A SAFE, FRIENDLY, AND ENJOYABLE ENVIRONMENT;- ACKNOWLEDGE THE INVOLVEMENT OF DEDICATED PEOPLE AND GROUPS;- BUILD ON THE TRADITION OF OUR FIRST 100 YEARS FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCE AN ANNUAL AGRICULTURAL FAIR AND DEVELOP YEAR-AROUND USE OF FACILITIES. WITH A COMMITMENT TO:PRESERVE AND DEVELOP OUR HISTORIC GROUNDS AND YEAR-ROUND MULTI-USE FACILITIES; OFFER QUALITY AND DIVERSITY OF ENTERTAINMENT, SPORTS, AND EDUCATION; PROVIDE A SAFE, FRIENDLY, AND ENJOYABLE ENVIRONMENT; ACKNOWLEDGE THE INVOLVEMENT OF DEDICATED PEOPLE AND GROUPS; BUILD ON THE TRADITION OF OUR FIRST 100 YEARS FOR FUTURE GENERATIONS.
THE YAKIMA VALLEY SUNDOME WHICH HAVE A MAJOR ECONOMIC IMPACT FOR THE YAKIMA VALLEY. SUNDOME EVENTS INCLUDE CONCERTS, TRADESHOWS, WASHINGTON STATE INTERSCHOLASTIC ACTIVITIES ASSOCIATION STATE CHAMPIONSHIP GAMES AND COMPETITIONS, PROFESSIONAL RODEOS, LOCAL GRADUATIONS, AND LARGE GALA DINNERS.
INTERIM EVENTS-NON SUNDOME & OTHER ACTIVITIES INCLUDE AREAS SUCH AS THE YAKIMA COUNTY STADIUM, THE MODERN LIVING BUILDING, PIONEER HALL, THE DIRT TRACK, AND THE STATE FAIR ROOM. OTHER ACTIVITIES ALSO INCLUDED OUR ANNUAL HOLIDAY LIGHT FEST AND OUR ANNUAL COMMUNITY 4TH OF JULY CELEBRATION. THE UNIQUE CHARACTERISTICS OF THE MANY HISTORICAL BUILDINGS AT STATE FAIR PARK HELP CREATE MEMORABLE EVENTS YEAR-ROUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen M Kramer President/ceo | Officer | 40 | $208,656 |
Lavonne Orth Chair | OfficerTrustee | 5 | $0 |
Ignacio Marquez Vice Chair | OfficerTrustee | 5 | $0 |
Vicki Baker Secretary | OfficerTrustee | 5 | $0 |
Scott Wagner Treasurer | OfficerTrustee | 5 | $0 |
Tom Stokes Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Starplex Corporation Security | 12/30/19 | $502,769 |
Spectra Food Service & Hospitality Catering & Concession Services | 12/30/19 | $173,207 |
Fun Time Promotions Inc Fairtime Car Racing Events | 12/30/19 | $148,820 |
Spd&g Advertising | 12/30/19 | $167,942 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $64,362 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,362 |
| Total Program Service Revenue | $5,670,176 |
| Investment income | $86,872 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,590 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$23,282 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,871,840 |
| 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. | $223,604 |
| Compensation of current officers, directors, key employees. | $223,604 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,447,845 |
| Pension plan accruals and contributions | $31,254 |
| Other employee benefits | $100,515 |
| Payroll taxes | $175,507 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,540 |
| Fees for services: Accounting | $16,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $834,774 |
| Office expenses | $426,663 |
| Information technology | $48,622 |
| Royalties | $0 |
| Occupancy | $253,334 |
| Travel | $14,355 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,506 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $157,089 |
| Insurance | $225,108 |
| All other expenses | $152,829 |
| Total functional expenses | $5,320,864 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,800 |
| Savings and temporary cash investments | $3,938,246 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,768 |
| 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 | $109,126 |
| Net Land, buildings, and equipment | $2,738,222 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,500 |
| Total assets | $6,863,662 |
| Accounts payable and accrued expenses | $237,743 |
| Grants payable | $0 |
| Deferred revenue | $10,200 |
| 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 | $136,150 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $384,093 |
| Net assets without donor restrictions | $6,479,569 |
| 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 | $6,863,662 |