Los Angeles County Fair Assn Fairgrounds
- Assets
- $105.5m
- Revenue
- $69.4m
- Investments
- $88.3k
- Employees
- 547
- Location
- Pomona, CA
- Founding
- 11/1942
- Data as of
- 12/2023
- EIN
- 95-1660585
Organization Overview
Los Angeles County Fair Assn Fairgrounds is located in Pomona, CA. The organization was established in 1942. 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, Los Angeles County Fair Assn Fairgrounds employed 547 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles County Fair Assn Fairgrounds is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Los Angeles County Fair Assn Fairgrounds generated $69.4m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $70.5m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION CONDUCTS THE ANNUAL LOS ANGELES COUNTY FAIR AND NUMEROUS EVENTS DURING THE YEAR WHICH ADVANCE AND PROMOTE AGRICULTURAL, HORTICULTURAL, VITICULTURAL, INDUSTRIAL, AND OTHER INTERESTS OF THE COUNTY OF LOS ANGELES AND THE STATE OF CALIFORNIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
YEAR-ROUND FAIR-TYPE EVENTS: LACFA RENTS ITS FACILITIES TO VARIOUS OUTSIDE PROMOTERS OF EVENTS WHICH INCLUDE EQUINE, HOME, CRAFT, MOTOR, ELECTRONIC, AND OTHER SHOWS. IN 2023, AS WE CONTINUED TO HEAD OUT OF THE PANDEMIC, WE SAW A NORMALCY RETURN TO OUR FAIRGROUNDS. EVEN THOUGH EVENTS RETURNED, THE NUMBER OF EVENTS HAVE NOT RETURNED TO PRE-PANDEMIC PERIODS.
LOS ANGELES COUNTY FAIR: THE LOS ANGELES COUNTY FAIR IS ONE THE LARGEST COUNTY FAIRS IN THE UNITED STATES. ITS PURPOSE IS TO ADVANCE AND PROMOTE THE AGRICULTURAL, HORTICULTURAL,INDUSTRIAL AND OTHER INTERESTS OF THE LOS ANGELES COUNTY THROUGH THE EXHIBITION OF LIVESTOCK, POULTRY, DAIRY PRODUCTS, HOUSEHOLD AND FINE ARTS, AND SCHOOL AND EDUCATIONAL EXHIBITS. IN 2023, THE ANNUAL COUNTY FAIR CAME BACK FROM A 3 YEAR HIATUS , WITH THE EXCEPTION OF THE FAIR BEING IN MAY FOR THE 1ST TIME IN ITS 100 YEAR OF EXISTENCE. IN ITS 100 YEARS OF HISTORY, SEPTEMBER WAS THE MONTH THE FAIR WAS NORMALLY PUT ON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Devorah Lieberman Director | Trustee | 2 | $0 |
Heidi Gallegos Director | Trustee | 2 | $0 |
John Landherr Chair | OfficerTrustee | 2 | $0 |
Mike Driebe Vice Chair | OfficerTrustee | 2 | $0 |
Linda Bosserman Secretary | OfficerTrustee | 2 | $0 |
Gerald Freeny Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Park West Landscape Maintenance Landscape | 12/30/23 | $1,538,436 |
Staffpro Security Services | 12/30/23 | $3,204,281 |
Ovations Food Services Food Service | 12/30/23 | $1,138,244 |
Revolution Media Inc Media Services | 12/30/23 | $1,083,652 |
Priority Building Services Llc Janitorial Maintenance | 12/30/23 | $935,260 |
Financial Statements
| 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 | $35,302,677 |
| Investment income | $951,614 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,351,692 |
| 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 | $69,370,219 |
| 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. | $842,451 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,517,247 |
| Pension plan accruals and contributions | $640,517 |
| Other employee benefits | $3,021,997 |
| Payroll taxes | $1,557,375 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $846,808 |
| Fees for services: Accounting | $2,133 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,452,653 |
| Advertising and promotion | $1,960,531 |
| Office expenses | $1,838,807 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,753,594 |
| Travel | $232,481 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,887,611 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,730,987 |
| Insurance | $1,994,041 |
| All other expenses | $7,671,743 |
| Total functional expenses | $70,532,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,639,012 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,470,644 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $90,697 |
| Prepaid expenses and deferred charges | $1,117,164 |
| Net Land, buildings, and equipment | $67,859,373 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $88,274 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,196,277 |
| Total assets | $105,461,441 |
| Accounts payable and accrued expenses | $3,717,728 |
| Grants payable | $0 |
| Deferred revenue | $2,698,645 |
| 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 | $30,693,999 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,698,377 |
| Total liabilities | $42,808,749 |
| Net assets without donor restrictions | $62,652,692 |
| 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 | $105,461,441 |