Kane County Fair
- Assets
- $20.0m
- Revenue
- $1.9m
- Investments
- $4.7m
- Employees
- 0
- Location
- St Charles, IL
- Founding
- 02/1963
- Data as of
- 10/2023
- EIN
- 36-2070625
Organization Overview
Kane County Fair is located in St Charles, IL. The organization was established in 1963. 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. Kane County 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 10/2023, Kane County Fair generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $2.1m during the year ending 10/2023. While expenses have increased by 8.3% per year over the past 4 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 Program Activity:
COUNTY FAIR
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Unger Executive Manager | 50 | $93,762 | |
Larry Breon President | 5 | $30,000 | |
Irvin Brummel Secretary | 5 | $12,000 | |
Bob Hoge Treasurer | 5 | $11,200 | |
Eldon Gould Vice-President | 5 | $12,000 | |
Tom Reynolds Director | 5 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $107,144 |
| Interest on Savings | $1,406 |
| Dividends & Interest | $116,925 |
| Net Rental Income | $110,816 |
| Net Gain on Sale of Assets | -$63,825 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $4,483 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,610,171 |
| Total Revenue | $1,904,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $202,162 |
| Other employee salaries and wages | $241,174 |
| Pension plans, employee benefits | $26,043 |
| Interest | $0 |
| Taxes | $308,457 |
| Depreciation | $466,296 |
| Occupancy | $240,288 |
| Travel, conferences, and meetings | $3,965 |
| Printing and publications | $0 |
| Other expenses | $569,810 |
| Total operating and administrative expenses | $2,118,767 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $2,121,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $804,045 |
| Net Accounts receivable | $68,731 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $31,979 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $40,883 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $13,336,145 |
| Other assets | $1,050,000 |
| Total assets | $20,001,387 |
| Accounts payable and accrued expenses | $263,696 |
| Grants payable | $0 |
| Deferred revenue | $32,700 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $296,396 |
Grants Awarded
Over the last fiscal year, Kane County Fair has awarded $3,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
OLIVIA YOUNG PURPOSE: COLLEGE SCHOLARSHIP | $750 |
MAX MILLER PURPOSE: COLLEGE SCHOLARSHIP | $750 |
NORA THOMPSON PURPOSE: COLLEGE SCHOLARSHIP | $750 |
WILLEM VAN DER MEIJ PURPOSE: COLLEGE SCHOLARSHIP | $750 |