Delaware County Fair Society Inc
- Assets
- $1.8m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 22
- Location
- Manchester, IA
- Founding
- 09/2014
- Data as of
- 09/2021
- EIN
- 42-0937294
Organization Overview
Delaware County Fair Society Inc is located in Manchester, IA. The organization was established in 2014. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Delaware County Fair Society Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware County Fair Society Inc 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 09/2021, Delaware County Fair Society Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $1.1m during the year ending 09/2021. While expenses have increased by 2.9% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE AGRICULTURAL, INDUSTRIAL, ECONOMIC, AND SOCIAL LIFE OF THE CITIZENS OF DELAWARE COUNTY, IOWA AND THE FURTHERANCE OF THE ACTIVITIES OF THE 4-H AND FFA ORGANIZATIONS.
Describe the Organization's Program Activity:
HOSTED THE DELAWARE COUNTY FAIR
ASSISTED LOCAL RESIDENTS/GROUPS BY PROVIDING FACILITIES TO HOLD SOCIAL GATHERINGS AND MEETINGS OF VARIOUS ORGANIZATIONS.
PROVIDED FACILITIES FOR COMMUNITY RECREATIONAL ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeannine Domeyer Manager | Officer | 46 | $42,283 |
Laura Lewin Treasurer | OfficerTrustee | 4.3 | $0 |
Kurt Palmer President | OfficerTrustee | 4.3 | $0 |
Katherine Rahe Vice-Preside | OfficerTrustee | 4.3 | $0 |
Alan Atwater Director | Trustee | 4.3 | $0 |
Robert Ries Director | Trustee | 4.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Juan Fiesta Corp Entertainment | 9/29/21 | $150,000 |
Tower Top Tours Inc Entertainment | 9/29/21 | $150,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,103 |
| Government grants | $114,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $106,676 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $230,779 |
| Total Program Service Revenue | $1,206,502 |
| Investment income | $511 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,454,892 |
| 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. | $60,149 |
| Compensation of current officers, directors, key employees. | $24,060 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,504 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,415 |
| Payroll taxes | $11,050 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $39,322 |
| Office expenses | $12,162 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $137,675 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,034 |
| Interest | $46 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,023 |
| Insurance | $0 |
| All other expenses | $9,583 |
| Total functional expenses | $1,131,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251,495 |
| Savings and temporary cash investments | $364,231 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,947 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,144,810 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,772,483 |
| Accounts payable and accrued expenses | $0 |
| 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 | $500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,095 |
| Total liabilities | $4,595 |
| Net assets without donor restrictions | $1,767,888 |
| 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 | $1,772,483 |
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 |
Lancaster County Agricultural Society Inc Lincoln, NE | $20,865,052 | $2,982,282 |
Fair And Exposition Society Of Jones County Inc Monticello, IA | $5,659,527 | $5,307,608 |
Minnesota Fair Plan Bloomington, MN | $3,079,043 | $3,023,700 |
Sioux Empire Fair Association Sioux Falls, SD | $1,938,315 | $2,671,698 |
Kane County Fair St Charles, IL | $21,061,651 | $1,916,331 |
Minnesota Propane Association Zimmerman, MN | $1,583,838 | $1,664,231 |
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 |