Miami-Dade County Fair & Exposition Inc
- Assets
- $20.0m
- Revenue
- $23.3m
- Investments
- $2.3m
- Employees
- 460
- Location
- Miami, FL
- Founding
- 06/1966
- Data as of
- 09/2022
- EIN
- 59-1039811
Organization Overview
Miami-Dade County Fair & Exposition Inc is located in Miami, FL. The organization was established in 1966. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Miami-Dade County Fair & Exposition Inc employed 460 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miami-Dade County Fair & Exposition 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 09/2022, Miami-Dade County Fair & Exposition Inc generated $23.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $15.8m during the year ending 09/2022. While expenses have increased by 3.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE ATTACHED
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES IN RELATION TO OPERATIONS OF A FAIR DESIGNED TO ENCOURAGE AGRICULTURAL ACTIVITIES AMONG THE YOUTH AND COMMENCEMENT CEREMONIES FOR LOCAL SCHOOLS.
CONTRIBUTIONS OF FUNDS AND PROPERTY TO CHARITABLE ORGANIZATIONS SUPPORTING THE YOUTH.
PREMIUMS, AWARDS, RIBBONS, & SCHOLARSHIPS AWARDED TO STUDENT PARTICIPANTS DURING THE FAIR ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eduardo Cora President/ CEO | Officer | 40 | $206,880 |
Julie Blanco Director Of Compliance | 40 | $111,431 | |
Richard Krinzman Secretary | OfficerTrustee | 1 | $0 |
Manuel Rodriguez Board Member | Trustee | 1 | $0 |
Willie Carpenter Board Member | Trustee | 1 | $0 |
Jack Griffith Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Harmison Electric Group Inc Electric Contractor | 9/29/23 | $319,335 |
Wow Marketing Group Inc Advertising Fees | 9/29/23 | $1,521,526 |
Sfm Services Inc Janitorial Service | 9/29/23 | $695,353 |
4sound Sound Production | 9/29/23 | $389,963 |
Mj Engineering Contractors Corp Engineering Contract | 9/29/23 | $298,335 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $886,893 |
| All other contributions, gifts, grants, and similar amounts not included above | $903,883 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,790,776 |
| Total Program Service Revenue | $20,946,566 |
| Investment income | $83,023 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$681,573 |
| Net Gain/Loss on Asset Sales | $149,984 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,342,868 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,000 |
| Grants and other assistance to domestic individuals. | $190,561 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,486,032 |
| Compensation of current officers, directors, key employees. | $1,486,032 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,684,583 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $311,292 |
| Payroll taxes | $287,031 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,559 |
| Fees for services: Accounting | $602,721 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,126 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,021,838 |
| Office expenses | $10,474 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $96,555 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $38,741 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,373,639 |
| Insurance | $559,390 |
| All other expenses | $1,183,547 |
| Total functional expenses | $15,846,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,139,124 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $253,153 |
| 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 | $52,150 |
| Net Land, buildings, and equipment | $8,525,911 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,264,710 |
| Investments—program-related | $1,741,187 |
| Intangible assets | $0 |
| Other assets | $32,818 |
| Total assets | $20,009,053 |
| Accounts payable and accrued expenses | $573,996 |
| Grants payable | $0 |
| Deferred revenue | $619,910 |
| 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 | $179,683 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,373,589 |
| Net assets without donor restrictions | $18,394,277 |
| Net assets with donor restrictions | $241,187 |
| 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 | $20,009,053 |
Grants Awarded
Over the last fiscal year, Miami-Dade County Fair & Exposition Inc has awarded $22,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FLORIDA INTERNATIONAL UNIVERSITY PURPOSE: EXEMPT PURPOSE | $6,000 |
GREATER MIAMI CHAMBER OF COMMERCE PURPOSE: EXEMPT PURPOSE | $9,500 |
FOUNDATION FOR NEW EDUCATION INITIATIVES PURPOSE: EXEMPT PURPOSES | $6,500 |