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Nonprofiteer
← STATE FAIR OF TEXAS

Form 990 for tax year 2022

Filed by STATE FAIR OF TEXAS.

Totals

Total revenue
$86,043,902
Total expenses
$70,179,151
Contributions and grants received
$4,798,339
Grants paid
$3,568,060
Program service revenue
$79,744,799
Investment income
$1,124,685
Other revenue
$376,079
Total assets, end of year
$135,080,076
Total liabilities, end of year
$46,257,491
Net assets or fund balances, end of year
$88,822,585
Program services expenses (Part IX)
$60,900,509
Management and general expenses
$6,131,133
Fundraising expenses
$3,147,509
Program service expenses (Part III)
$60,900,509

Program services were 86.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $2,206,446

  • 1f · All other contributions, gifts and grants

    $2,591,893

  • 1g · Noncash contributions included above

    $27,900

  • 2a · Program service revenue: ADMISSIONS PARKING ENTRY

    total $31,531,036 · related or exempt $31,531,036

  • 2b · Program service revenue: CONCESSIONS SPECIAL ATTRACTIONS

    total $48,213,763 · related or exempt $48,213,763

  • 3 · Investment income

    total $947,579 · excluded $947,579

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $1,429,454

  • 7b · Less cost or other basis and sales expenses

    securities $1,252,348

  • 7c · Gain or loss

    securities $177,106

  • 7d · Net gain or loss

    total $177,106 · excluded $177,106

  • 8a · Fundraising events: gross income

    $380,761

  • 8a · Fundraising events: contributions included on line 1c

    $2,206,446

  • 8b · Fundraising events: direct expenses

    $296,335

  • 8c · Net income from fundraising events

    total $84,426 · excluded $84,426

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: TAX CREDIT

    total $291,653 · related or exempt $291,653

  • 11e · Other revenue, total

    $291,653

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,724,717 · program services $1,724,717

  • 2 · Grants to domestic individuals

    total $1,843,343 · program services $1,843,343

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $3,975,805 · program services $2,850,315 · management and general $877,173 · fundraising $248,317

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $10,623,443 · program services $7,616,109 · management and general $2,343,826 · fundraising $663,508

  • 8 · Pension plan contributions

    total $253,917 · program services $182,037 · management and general $56,021 · fundraising $15,859

  • 9 · Other employee benefits

    total $720,662 · program services $516,654 · management and general $158,998 · fundraising $45,010

  • 10 · Payroll taxes

    total $1,113,991 · program services $798,637 · management and general $245,777 · fundraising $69,577

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $614,743 · management and general $614,743

  • 11c · Fees: accounting

    total $119,574 · management and general $119,574

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $91,868 · management and general $91,868

  • 11g · Fees: other

    total $15,510,227 · program services $15,053,411 · management and general $379,093 · fundraising $77,723

  • 12 · Advertising and promotion

    total $1,896,978 · program services $238,536 · management and general $4,155 · fundraising $1,654,287

  • 13 · Office expenses

    total $3,243,782 · program services $2,979,281 · management and general $178,810 · fundraising $85,691

  • 14 · Information technology

    total $252,882 · program services $107,411 · management and general $121,186 · fundraising $24,285

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $2,924,104 · program services $2,217,201 · management and general $527,272 · fundraising $179,631

  • 17 · Travel

    total $110,514 · program services $74,186 · management and general $29,950 · fundraising $6,378

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $3,392,304 · program services $3,256,771 · management and general $127,459 · fundraising $8,074

  • 23 · Insurance

    total $1,380,859 · program services $1,319,778 · management and general $57,442 · fundraising $3,639

  • 24a · Other expenses: FAIR PARK IMPROVEMENTS

    total $9,566,889 · program services $9,566,889

  • 24b · Other expenses: SPECIAL EVENTS FAIRTIME EXP

    total $9,326,128 · program services $9,305,451 · management and general $6,916 · fundraising $13,761

  • 24c · Other expenses: REPAIR & MAINTENANCE

    total $1,023,577 · program services $1,002,170 · management and general $20,121 · fundraising $1,286

  • 24d · Other expenses: MISCELLANEOUS EXP

    total $468,844 · program services $247,612 · management and general $170,749 · fundraising $50,483

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $367,432 · end of year $309,557

  • 2 · Savings and temporary cash investments

    beginning of year $50,206,687 · end of year $56,108,540

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $962,122 · end of year $755,545

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $193,637 · end of year $200,507

  • 9 · Prepaid expenses and deferred charges

    beginning of year $321,254 · end of year $258,617

  • 10a · Land, buildings and equipment: cost or other basis

    $79,377,090

  • 10b · Land, buildings and equipment: accumulated depreciation

    $60,525,932

  • 10c · Land, buildings and equipment, net

    beginning of year $18,170,560 · end of year $18,851,158

  • 11 · Investments: publicly traded securities

    beginning of year $32,340,593 · end of year $38,817,938

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $2,287,938 · end of year $19,778,214

  • 17 · Accounts payable and accrued expenses

    beginning of year $222,409 · end of year $557,021

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $11,856,820 · end of year $12,174,976

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $17,467,541 · end of year $33,525,494

  • 27 · Net assets without donor restrictions

    beginning of year $75,303,453 · end of year $88,780,916

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $41,669

Mission and programs · 2022

Mission

THE STATE FAIR OF TEXAS CELEBRATES ALL THINGS TEXAN BY PROMOTING AGRICULTURE, EDUCATION, AND COMMUNITY INVOLVEMENT THROUGH QUALITY ENTERTAINMENT IN A FAMILY-FRIENDLY ENVIRONMENT. THE STATE FAIR OF TEXAS IS A 501(C)(3) NONPROFIT ORGANIZATION WITH PROCEEDS HELPING TO PRESERVE AND IMPROVE FAIR PARK; UNDERWRITE MUSEUM, COMMUNITY, AND SCHOLARSHIP PROGRAMS; AND HELP IMPROVE STATE FAIR OPERATIONS TO HELP PUT ON THE NEXT STATE FAIR OF TEXAS. OUR NONPROFIT PURPOSE IS FUNDED THROUGH THE PROCEEDS FROM THE ANNUAL 24-DAY STATE FAIR OF TEXAS EVENT, WHICH SERVES AS THE ORGANIZATION'S LARGEST FUNDRAISER OF THE YEAR.

Activities or mission (Part I)

the state fair of texas celebrates all things texan by promoting agriculture, education & community involve- ment through quality entertainment in a family-friendly environment.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $60,900,509 · Grants $3,568,060 · Revenue $79,744,799

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Mitchell Glieber

    President

    Total calculated
    $929,831
    From this org
    $865,273
    From related orgs
    $0
    Other
    $64,558
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $417,108
    Bonus
    $404,219
    Other
    $43,946
    Deferred
    $28,550
    Nontaxable benefits
    $36,008
    Filer's total
    $929,831

  • Jaime Navarro

    Jan-May CFO/SVP Jun-Dec COO

    Total calculated
    $509,499
    From this org
    $442,117
    From related orgs
    $0
    Other
    $67,382
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $248,569
    Bonus
    $125,500
    Other
    $68,048
    Deferred
    $28,550
    Nontaxable benefits
    $38,832
    Filer's total
    $509,499

  • Robert Hilbun

    GM/SVP

    Total calculated
    $430,180
    From this org
    $386,605
    From related orgs
    $0
    Other
    $43,575
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $249,692
    Bonus
    $128,000
    Other
    $8,913
    Deferred
    $31,236
    Nontaxable benefits
    $12,339
    Filer's total
    $430,180

  • Daryl Real

    SVP, Livestock

    Total calculated
    $375,947
    From this org
    $330,493
    From related orgs
    $0
    Other
    $45,454
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $183,658
    Bonus
    $69,700
    Other
    $77,135
    Deferred
    $10,652
    Nontaxable benefits
    $34,802
    Filer's total
    $375,947

  • Jennifer Schuder

    SVP, Marketing

    Total calculated
    $351,560
    From this org
    $311,243
    From related orgs
    $0
    Other
    $40,317
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $208,164
    Bonus
    $74,000
    Other
    $29,079
    Deferred
    $26,733
    Nontaxable benefits
    $13,584
    Filer's total
    $351,560

  • Russell Fitzgerald

    SVP, Operations

    Total calculated
    $325,555
    From this org
    $287,643
    From related orgs
    $0
    Other
    $37,912
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $198,751
    Bonus
    $71,550
    Other
    $17,342
    Deferred
    $25,635
    Nontaxable benefits
    $12,277
    Filer's total
    $325,555

  • Karissa Condoianis

    SVP, Public Relations

    Total calculated
    $316,277
    From this org
    $279,177
    From related orgs
    $0
    Other
    $37,100
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $186,961
    Bonus
    $69,500
    Other
    $22,716
    Deferred
    $23,737
    Nontaxable benefits
    $13,363
    Filer's total
    $316,277

  • Lindsay Clark

    JAN-MAY CONTROLLERJUN-DEC CFO

    Total calculated
    $277,212
    From this org
    $243,754
    From related orgs
    $0
    Other
    $33,458
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $198,577
    Bonus
    $45,000
    Other
    $177
    Deferred
    $20,071
    Nontaxable benefits
    $13,387
    Filer's total
    $277,212

  • Froswa' Booker-Drew phd

    VP, Community Relations

    Total calculated
    $263,326
    From this org
    $248,715
    From related orgs
    $0
    Other
    $14,611
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $198,457
    Bonus
    $48,500
    Other
    $1,758
    Deferred
    $7,452
    Nontaxable benefits
    $7,159
    Filer's total
    $263,326

  • Melanie Linnear

    SVP, Food and Beverage

    Total calculated
    $236,187
    From this org
    $202,173
    From related orgs
    $0
    Other
    $34,014
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $147,552
    Bonus
    $49,000
    Other
    $5,621
    Deferred
    $20,348
    Nontaxable benefits
    $13,666
    Filer's total
    $236,187

  • Jason K Hays

    SVP, Brand Experience

    Total calculated
    $223,558
    From this org
    $198,358
    From related orgs
    $0
    Other
    $25,200
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $144,298
    Bonus
    $48,500
    Other
    $5,560
    Deferred
    $20,538
    Nontaxable benefits
    $4,662
    Filer's total
    $223,558

  • Susan Brosin

    Director-Development

    Total calculated
    $179,660
    From this org
    $142,885
    From related orgs
    $0
    Other
    $36,775
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $116,966
    Bonus
    $25,000
    Other
    $919
    Deferred
    $9,088
    Nontaxable benefits
    $27,687
    Filer's total
    $179,660

  • Robert Forswall

    Director, Purchasing

    Total calculated
    $176,402
    From this org
    $138,548
    From related orgs
    $0
    Other
    $37,854
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $113,250
    Bonus
    $23,500
    Other
    $1,798
    Deferred
    $8,865
    Nontaxable benefits
    $28,989
    Filer's total
    $176,402

  • Norman Durbin

    Director-Construction

    Total calculated
    $171,860
    From this org
    $152,167
    From related orgs
    $0
    Other
    $19,693
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $132,452
    Bonus
    $18,000
    Other
    $1,715
    Deferred
    $8,200
    Nontaxable benefits
    $11,493
    Filer's total
    $171,860

  • Margaret Hannah

    Director- HR and IT

    Total calculated
    $171,297
    From this org
    $147,992
    From related orgs
    $0
    Other
    $23,305
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $110,160
    Bonus
    $37,000
    Other
    $832
    Deferred
    $8,999
    Nontaxable benefits
    $14,306
    Filer's total
    $171,297

  • Robert Abtahi

    Director

    Total calculated
    $0
    Hours/week
    1

  • Marissa Anchia

    Director

    Total calculated
    $0
    Hours/week
    1

  • Sean Allen

    Director

    Total calculated
    $0
    Hours/week
    1

  • Cheryl Amerine

    Director

    Total calculated
    $0
    Hours/week
    1

  • Victor Elmore

    Director

    Total calculated
    $0
    Hours/week
    1

  • Robert Estrada

    Director

    Total calculated
    $0
    Hours/week
    1

  • Lois Finkelman

    Director

    Total calculated
    $0
    Hours/week
    1

  • Gilbert Gerst

    Treasurer/Vice Chairman

    Total calculated
    $0
    Hours/week
    3

  • John DHarkey Jr

    director

    Total calculated
    $0
    Hours/week
    1

  • Brian P Foley

    director

    Total calculated
    $0
    Hours/week
    1

  • Wendy Lopez

    Director

    Total calculated
    $0
    Hours/week
    1

  • Steve Mancillas

    Director

    Total calculated
    $0
    Hours/week
    1

  • Alyssa G Martin

    Director

    Total calculated
    $0
    Hours/week
    1

  • Frank Mihalopoulos

    Director

    Total calculated
    $0
    Hours/week
    1

  • James M Moroney III

    Director

    Total calculated
    $0
    Hours/week
    1

  • Gina Norris

    Director

    Total calculated
    $0
    Hours/week
    1

  • Bill O'Dwyer

    Director

    Total calculated
    $0
    Hours/week
    1

  • James C Roberts

    Director

    Total calculated
    $0
    Hours/week
    1

  • Bruce A Sifford

    Board Chair

    Total calculated
    $0
    Hours/week
    6

  • Mary Suhm

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • OTHER ORGANIZATIONS WITH GRANTSSCHOLARSHIPS BELOW

    $324,117

  • TEXAS A & M UNIVERSITY-COLLEGE

    $227,000

  • TEXAS TECH UNIVERSITY

    $136,250

  • DALLAS HISTORICAL SOCIETY

    $123,000

  • TARLETON STATE UNIVERSITY

    $57,000

  • CITY OF DALLAS

    $50,000

  • UNIVERSITY OF TEXAS AT AUSTIN

    $49,500

  • WEST TEXAS A & M UNIVERSITY

    $36,500

  • UNIVERSITY OF NORTH TEXAS

    $34,500

  • UNIVERSITY OF TEXAS AT ARLINGTON

    $32,250

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202323179349311852

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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