Nebraska State Board Of Agriculture is located in Grand Island, NE. The organization was established in 1953. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, Nebraska State Board Of Agriculture employed 503 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska State Board Of Agriculture is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Nebraska State Board Of Agriculture generated $13.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $10.5m during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NEBRASKA STATE FAIR - PROMOTE AGRICULTURE BY SUPERVISING AND ORGANIZING THE NEBRASKA STATE FAIR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEBRASKA STATE FAIR - ORGANIZING THE NEBRASKA STATE FAIR HELD FOR APPROXIMATELY 11 DAYS IN LATE AUGUST/EARLY SEPTEMBER. APPROXIMATELY 283,000 SERVED BY THE NEBRASKA STATE FAIR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Parr Executive Di | Officer | 40 | $139,028 |
Dawn Caldwell Chairperson | OfficerTrustee | 1 | $0 |
Tom Dinsdale Board Member | Trustee | 1 | $0 |
Bob Haag Board Member | Trustee | 1 | $0 |
Ryan Hassebrook Board Member | Trustee | 1 | $0 |
Lanna Hubbard Board Member | Trustee | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Idea Bank Marketing Marketing | 12/30/23 | $546,966 |
Shawnee Services Entertainment | 12/30/23 | $416,823 |
Double Locked Security Security | 12/30/23 | $291,759 |
Sure Sound & Lighting Inc Electronics | 12/30/23 | $353,053 |
Fonner Park Facility Rent | 12/30/23 | $289,615 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,142,446 |
| 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 | $6,142,446 |
| Total Program Service Revenue | $6,750,657 |
| Investment income | $220,166 |
| 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 | $13,923,082 |
| 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. | $139,028 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,875,989 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $183,508 |
| Payroll taxes | $145,375 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $66,936 |
| Fees for services: Accounting | $117,405 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,365,239 |
| Advertising and promotion | $454,958 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $121,180 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $148,376 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $643,865 |
| Insurance | $202,077 |
| All other expenses | $1,514,528 |
| Total functional expenses | $10,539,443 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,270,630 |
| Pledges and grants receivable | $487,744 |
| Accounts receivable, net | $1,651,308 |
| 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 | $32,780 |
| Net Land, buildings, and equipment | $12,386,352 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $132,000 |
| Total assets | $23,960,814 |
| Accounts payable and accrued expenses | $589,672 |
| 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 | $3,509,031 |
| Other liabilities | $645,026 |
| Total liabilities | $4,743,729 |
| Net assets without donor restrictions | $19,217,085 |
| 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 | $23,960,814 |