Wilson County Promotions Inc
- Assets
- $3.8m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 25
- Location
- Lebanon, TN
- Founding
- 09/1980
- Data as of
- 12/2022
- EIN
- 62-1088535
Organization Overview
Wilson County Promotions Inc, operating under the name Wilson County Fair - Tn State Fair, is located in Lebanon, TN. The organization was established in 1980. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Wilson County Fair - TN State Fair employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wilson County Fair - TN State Fair is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Wilson County Fair - TN State Fair generated $4.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. While expenses have increased by 9.8% per year over the past 8 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.
Since 2015, Wilson County Fair - TN State Fair has awarded 19 individual grants totaling $3,401,663. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF THE WILSON COUNTY-TENNESSEE STATE FAIR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONDUCTS AN ANNUAL COUNTY/STATE FAIR IN WILSON COUNTY. IT IS NUMBER ONE IN THE STATE IN ATTENDANCE AND HAS RECEIVED MANY AWARDS ON BOTH THE STATE AND NATIONAL LEVELS. A LARGE PORTION OF THE FAIR'S PROCEEDS ARE EXPENDED ON IMPROVEMENTS TO THE FAIR GROUNDS OWNED BY THE WILSON COUNTY GOVERNMENT.
THE ORGANIZATION CONDUCTS AN ANNUAL COUNTY/STATE FAIR IN WILSON COUNTY. IT IS NUMBER ONE IN THE STATE IN ATTENDANCE AND HAS RECEIVED MANY AWARDS ON BOTH THE STATE AND NATIONAL LEVELS. A LARGE PORTION OF THE FAIR'S PROCEEDS ARE EXPENDED ON IMPROVEMENTS TO THE FAIR GROUNDS OWNED BY THE WILSON COUNTY GOVERNMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Mcpeak Executive Di | Officer | 40 | $93,247 |
Randall Clemons President | OfficerTrustee | 6 | $0 |
Jimmy Comer Vice Preside | OfficerTrustee | 6 | $0 |
Lynette Taylor Treasurer | OfficerTrustee | 6 | $0 |
Karen Johnson Secretary | OfficerTrustee | 6 | $0 |
Joe Holbrook Director | Trustee | 6 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Summertown Metals Construction | 12/30/22 | $834,521 |
F&h Enterprises Construction | 12/30/22 | $507,732 |
Rochelle Mccullough & Aulds Property | 12/30/22 | $316,902 |
Shannon Speck Electric Electric Instal | 12/30/22 | $110,086 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $502,771 |
| Noncash contributions included in lines 1a–1f | $100,029 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $514,771 |
| Total Program Service Revenue | $3,491,554 |
| Investment income | $7,352 |
| 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 | $4,019,272 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $332,857 |
| 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. | $93,247 |
| Compensation of current officers, directors, key employees. | $39,080 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $404,294 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,218 |
| Payroll taxes | $38,103 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $143,346 |
| Office expenses | $210,912 |
| Information technology | $88,622 |
| Royalties | $0 |
| Occupancy | $278,498 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,973 |
| Interest | $13,107 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,536 |
| Insurance | $131,212 |
| All other expenses | $89,126 |
| Total functional expenses | $3,455,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,128,189 |
| Savings and temporary cash investments | $1,925,948 |
| Pledges and grants receivable | $300,000 |
| Accounts receivable, net | $15,384 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,554 |
| Prepaid expenses and deferred charges | $86,132 |
| Net Land, buildings, and equipment | $284,823 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,765,030 |
| Accounts payable and accrued expenses | $5,439 |
| Grants payable | $0 |
| Deferred revenue | $30,733 |
| 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 | $0 |
| Total liabilities | $36,172 |
| Net assets without donor restrictions | $3,428,858 |
| Net assets with donor restrictions | $300,000 |
| 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 | $3,765,030 |
Grants Awarded
Over the last fiscal year, Wilson County Promotions Inc has awarded $332,857 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WILSON COUNTY TN PURPOSE: MAINTAIN FAIRGROUND | $320,607 |
FIDDLERS GROVE FOUNDATION PURPOSE: MAINTAIN FAIRGROUND | $12,250 |