Shawano Area Agricultural Society Inc is located in Shawano, WI. The organization was established in 2001. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 10/2023, Shawano Area Agricultural Society Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shawano Area Agricultural Society Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 10/2023, Shawano Area Agricultural Society Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.3m during the year ending 10/2023. 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
PROMOTION OF MECHANICAL, EDUCATIONAL & INDUSTRIAL AGRICULTURAL INDUSTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF MECHANICAL, EDUCATIONAL & INDUSTRIAL AGRICULTURAL INDUSTRIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alyce Welk Officer/key | Officer | 40 | $110,493 |
Scott Breitrick President | OfficerTrustee | 5 | $0 |
Pat Brusky Treasurer | OfficerTrustee | 5 | $0 |
Cody Hudson Director | Trustee | 2 | $0 |
Bob Krause Vice Preside | OfficerTrustee | 5 | $0 |
Eileen Lamm Director | Trustee | 2 | $0 |
| 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 | $26,022 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,022 |
| Total Program Service Revenue | $1,066,298 |
| Investment income | $1,064 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $44,122 |
| Net Gain/Loss on Asset Sales | -$6,392 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $30,609 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,161,723 |
| 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. | $97,533 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,879 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,341 |
| Payroll taxes | $17,545 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $70,352 |
| Advertising and promotion | $29,985 |
| Office expenses | $20,674 |
| Information technology | $7,161 |
| Royalties | $0 |
| Occupancy | $37,754 |
| Travel | $7,578 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,900 |
| Interest | $78 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,960 |
| Insurance | $13,930 |
| All other expenses | $115,635 |
| Total functional expenses | $1,275,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,845 |
| Savings and temporary cash investments | $108,606 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,546 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,260 |
| Prepaid expenses and deferred charges | $1,398 |
| Net Land, buildings, and equipment | $699,547 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $927,202 |
| Accounts payable and accrued expenses | $7,201 |
| Grants payable | $0 |
| Deferred revenue | $36,000 |
| 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 | $20,772 |
| Total liabilities | $63,973 |
| Net assets without donor restrictions | $863,229 |
| 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 | $927,202 |