Polson Fairgrounds Inc is located in Polson, MT. The organization was established in 2011. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polson Fairgrounds 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 12/2023, Polson Fairgrounds Inc generated $86.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $48.7k during the year ending 12/2023. While expenses have increased by 3.0% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MAINTAIN AND IMPROVE THE LAKE COUNTY FAIRGROUNDS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Graham Vice President | 2 | $0 | |
Jack Stivers Board Member | 1 | $0 | |
Una Rose Graham Board Member | 1 | $0 | |
Sharon Procopio Treasurer | 2 | $0 | |
Brenda Jones Board Member | 1 | $0 | |
Todd Bailey Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,238 |
| Membership dues | $0 |
| Investment income | $459 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $79,728 |
| Other Revenue | $0 |
| Total Revenue | $86,425 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $487 |
| Occupancy, rent, utilities, and maintenance | $14,093 |
| Printing, publications, postage, and shipping | $667 |
| Other expenses | $33,419 |
| Total expenses | $48,666 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,079 |
| Other assets | $0 |
| Total assets | $302,215 |
| Total liabilities | $0 |
| Net assets or fund balances | $302,215 |