Skowhegan State Fair
- Assets
- $6.6m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 112
- Location
- Skowhegan, ME
- Founding
- 08/1999
- Data as of
- 09/2023
- EIN
- 01-0223879
Organization Overview
Skowhegan State Fair is located in Skowhegan, ME. The organization was established in 1999. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Skowhegan State Fair employed 112 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skowhegan State Fair 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 09/2023, Skowhegan State Fair generated $1.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $1.4m during the year ending 09/2023. While expenses have increased by 2.6% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCT THE SKOWHEGAN STATE FAIR WHICH IS AN AGRICULTURAL FAIR. PRINCIPAL ACTIVITIES AND EXHIBITS ARE EDUCATIONAL AND CONDUCTED IN SUCH A FASHION AND ON SUCH SUBJECTS TO ENLIGHTEN THE VIEWERS ON THE NEWEST AND BEST AGRICULTURAL TECHNIQUES.
Describe the Organization's Program Activity:
CONDUCT THE SKOWHEGAN STATE FAIR WHICH IS AN AGRICULTURAL FAIR.
CONDUCT HORSE RACING AT THE ANNUAL SKOWHEGAN STATE FAIR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Dillion President/ra | OfficerTrustee | 1 | $0 |
Melvin Blaisdell Vice Preside | OfficerTrustee | 1 | $0 |
Rick Anzelc Treasurer | OfficerTrustee | 1 | $0 |
Chad Partridge Secretary | OfficerTrustee | 1 | $0 |
Garrett Lambert Director/liv | Trustee | 1 | $0 |
Travis Works Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $553,794 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,115 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $577,909 |
| Total Program Service Revenue | $716,308 |
| Investment income | $2,172 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $197,960 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $15,233 |
| Net Income from Sales of Inventory | $33,573 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,547,555 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $187,560 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $43,818 |
| Office expenses | $19,980 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,843 |
| Travel | $4,119 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,994 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $67,120 |
| All other expenses | $218,818 |
| Total functional expenses | $1,381,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,164 |
| Savings and temporary cash investments | $388,007 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65,174 |
| 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 | $5,972,949 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $45,920 |
| Total assets | $6,551,214 |
| Accounts payable and accrued expenses | $34,410 |
| Grants payable | $0 |
| Deferred revenue | $4,711 |
| 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 | $46,339 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45,920 |
| Total liabilities | $131,380 |
| Net assets without donor restrictions | $6,419,834 |
| 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 | $6,551,214 |