Piedmont Interstate Fair Assn

The information for Piedmont Interstate Fair Assn is as of the organization's most recent filing in November 2021. This organization is located in Spartanburg, SC. It has been in existence for 21 years, following its founding in 2000.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Piedmont Interstate Fair Assn's NTEE code is N52. The "N" tells us that the organization is classified along with Recreation & Sports. The "52" tells us that the organization is a Fair. The NTEE describes Fairs as organizations that sponsor, organize and promote fairs and festivals, such as collectible/antique fairs, county and state fairs, street fairs, festivals, parades, and other similar activities during religious and patriotic holidays and other special occasions.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Piedmont Interstate Fair Assn is to provide quality entertainment to the community, to provide a forum for competitive displays of local artists, industry, and agricultural exhibits, and to offer educational opportunities to students.

Program Areas

The Fair Association annually conducts an area fair that educates Piedmont area residents in many aspects of animal husbandry, agriculture, horticulture, and community commerce in a fun and entertaining atmosphere. The fair attracts a large proportion of the area population and showcases the agricultural and industrial activities of the area, with over 40,000 people attending the 2021 fair.

Organization Staffing

Piedmont Interstate Fair Assn is run by William Michels, who is the Exec. Direct. The organization has 3 employees, none of whom are paid more than $100k per year. Supporting the paid staff are 10 volunteers.

Board Governance

The Piedmont Interstate Fair Assn is an exemplary non-profit organization. It is governed well, with 17 voting members and 17 independent members. The organization does not have any potential conflicts of interest, nor has it delegated management to an outside firm. Board meetings are documented, and committee meetings are also documented. The organization has a conflict of interest policy, as well as a written whistleblower policy and a document retention policy. The organization substantiates and reviews leadership salary, and provides copies of the 990 to the board prior to filing. All of these measures show that the Piedmont Interstate Fair Assn is an organization that is well-governed and takes its responsibilities seriously.

Organization Growth

The Piedmont Interstate Fair Assn has grown over the last 6 years, as evidenced by the increase in both contributions & grants received and program service revenue. Investment income also increased significantly in this time period. The total revenue line item was also up, while employee salaries and total expenses decreased. The number of employees decreased in this time period, while the number of volunteers remained the same.