Mclean County Fair
- Assets
- $1.3m
- Revenue
- $1.1m
- Investments
- $50.0
- Employees
- 48
- Location
- Bloomington, IL
- Founding
- 01/1954
- Data as of
- 09/2022
- EIN
- 37-6026715
Organization Overview
Mclean County Fair, operating under the name Mclean County Fair Association, is located in Bloomington, IL. The organization was established in 1954. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2022, Mclean County Fair Association employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mclean County 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 09/2022, Mclean County Fair Association generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.1m during the year ending 09/2022. While expenses have increased by 3.8% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER AGRICULTURAL INTERESTS AND FOR THE DISPLAY OF AGRICULTURAL PRODUCTS.
Describe the Organization's Program Activity:
TO PROVIDE 4-H PROGRAMS FOR THE YOUTH OF MCLEAN COUNTY AND AN EDUCATIONAL AND AGRICULTURAL FAIR.
AGRICULTURAL EDUCATION EXHIBIT - A HANDS-ON EXHIBIT DESIGNED TO EDUCATE CONSUMERS ABOUT FARMERS, FARMING, AND THEIR FOOD SUPPLY.
UNRELATED BUSINESS - PROVIDE SPACE AND EQUIPMENT RENTAL FOR THIRD PARTY EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darren Davis Treasurer | OfficerTrustee | 1 | $0 |
Mark Hines President | OfficerTrustee | 1 | $0 |
Brian Dirks Vice Preside | OfficerTrustee | 1 | $0 |
Jc Zimmerman Secretary | OfficerTrustee | 1 | $0 |
Mike Swartz Manager | Officer | 0 | $0 |
John Burkhart Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,882 |
| 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 | $35,882 |
| Total Program Service Revenue | $466,619 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,069,814 |
| 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 | $211,266 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,747 |
| Fees for services: Management | $35,844 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $59,706 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,339 |
| Advertising and promotion | $21,348 |
| Office expenses | $29,534 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $87,411 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $36 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $92,698 |
| Insurance | $41,291 |
| All other expenses | $110,144 |
| Total functional expenses | $1,097,976 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,089 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $123,457 |
| 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 | $826 |
| Net Land, buildings, and equipment | $1,033,958 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $50 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,312,380 |
| Accounts payable and accrued expenses | $105,729 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $234,147 |
| Total liabilities | $339,876 |
| Net assets without donor restrictions | $972,504 |
| 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 | $1,312,380 |
Grants Awarded
Over the last fiscal year, Mclean County Fair has awarded $16,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Urbana, IL PURPOSE: HELPING WITH THE FAIR | $10,000 |
Irving, TX PURPOSE: HELPING WITH THE FAIR | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mclean County Fair has recieved totaling $8,127.
| Awarding Organization | Amount |
|---|---|
Iaa Foundation Bloomington, IL PURPOSE: Ag Literacy | $8,122 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa State Fair Foundation Des Moines, IA | $11,002,682 | $8,403,117 |
American Royal Association Kansas City, MO | $28,283,023 | $7,000,256 |
500 Festival Inc Indianapolis, IN | $6,763,861 | $5,772,745 |
Kentucky Derby Festival Inc Louisville, KY | $6,625,289 | $3,844,478 |
Fair And Exposition Society Of Jones County Inc Monticello, IA | $5,659,527 | $5,307,608 |
Kane County Fair St Charles, IL | $21,061,651 | $1,916,331 |
Sheboygan County Fair Association Plymouth, WI | $2,297,030 | $1,962,294 |
Kenosha County Fair Association Inc Wilmot, WI | $2,247,686 | $1,814,776 |
German Fest Milwaukee Inc Menomonee Falls, WI | $1,157,824 | $1,461,133 |
Lake County Fair Association Grayslake, IL | $27,796,345 | $1,095,277 |
Walworth County Agricultural Society Elkhorn, WI | $2,948,383 | $904,049 |
Shawano Area Agricultural Society Inc Shawano, WI | $1,017,818 | $1,408,309 |