Form 990 for tax year 2024
Filed by UPPER MISSOURI VALLEY FAIR ASSOC.
Totals
- Total revenue
- $2,148,054
- Total expenses
- $358,002
- Contributions and grants received
- $111,100
- Grants paid
- $4,125
- Program service revenue
- $69,450
- Investment income
- $1,853,145
- Other revenue
- $114,359
- Total assets, end of year
- $2,408,831
- Total liabilities, end of year
- $1,939
- Net assets or fund balances, end of year
- $2,406,892
- Program services expenses (Part IX)
- $347,722
- Management and general expenses
- $10,280
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $347,722
Program services were 97.1% 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.
-
1e · Government grants (contributions)
$50,000
-
1f · All other contributions, gifts and grants
$61,100
-
2a · Program service revenue: CARNIVAL INCOME
total $33,349 · related or exempt $33,349
-
2b · Program service revenue: GROUNDS ADMISSION
total $31,641 · related or exempt $31,641
-
2c · Program service revenue: ENTERTAINMENT
total $4,460 · related or exempt $4,460
-
3 · Investment income
total $1,958 · excluded $1,958
-
5 · Royalties
total $7,594 · excluded $7,594
-
6a · Gross rents
real property $85,936 · personal property $248
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $85,936 · personal property $248
-
6d · Net rental income or loss
total $86,184 · related or exempt $34,560 · unrelated business $248 · excluded $51,376
-
7a · Gross sales of assets other than inventory
other assets $2,144,252
-
7b · Less cost or other basis and sales expenses
other assets $293,065
-
7c · Gain or loss
other assets $1,851,187
-
7d · Net gain or loss
total $1,851,187 · excluded $1,851,187
-
10a · Gross sales of inventory
$57,011
-
10b · Cost of goods sold
$36,430
-
10c · Net income from sales of inventory
total $20,581 · related or exempt $17,631 · unrelated business $2,950
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,125 · program services $4,125
-
5 · Compensation of officers, directors and key employees
total $7,750 · program services $4,500 · management and general $3,250
-
11c · Fees: accounting
total $7,030 · management and general $7,030
-
12 · Advertising and promotion
total $825 · program services $825
-
13 · Office expenses
total $14,323 · program services $14,323
-
14 · Information technology
total $13,939 · program services $13,939
-
16 · Occupancy
total $98,983 · program services $98,983
-
17 · Travel
total $103 · program services $103
-
19 · Conferences, conventions and meetings
total $3,277 · program services $3,277
-
20 · Interest
total $17 · program services $17
-
22 · Depreciation, depletion and amortization
total $16,062 · program services $16,062
-
23 · Insurance
total $4,306 · program services $4,306
-
24a · Other expenses: FAIR AND ENTERTAINMENT
total $186,624 · program services $186,624
-
24b · Other expenses: BANK SERVICE CHARGES
total $638 · program services $638
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $368,367 · end of year $591,614
-
10a · Land, buildings and equipment: cost or other basis
$58,536
-
10b · Land, buildings and equipment: accumulated depreciation
$41,319
-
10c · Land, buildings and equipment, net
beginning of year $359,492 · end of year $17,217
-
15 · Other assets
beginning of year $0 · end of year $1,800,000
-
23 · Secured mortgages and notes payable
beginning of year $44,252
-
25 · Other liabilities
beginning of year $4,767 · end of year $1,939
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $678,840 · end of year $2,406,892
Mission and programs · 2024
Mission
AN ASSOCIATION CONDUCTING A FAIR, INCLUDING VARIOUS ACTIVITIES, EXHIBITS, ENTERTAINMENT, ETC. FOR THE BENEFIT OF THE PUBLIC.
-
AN ASSOCIATION CONDUCTING A FAIR, INCLUDING AGRICULTURAL, ART AND SCIENCE EXHIBITS, MIDWAY SHOWS, FOOD & BEVERAGES, RODEOS, RACES, AND DANCES FOR THE BENEFIT OF THE PUBLIC.
Expenses $347,722 · Grants $4,125 · Revenue $121,641
As filed on the 2024 return.
Listed in Part VII
-
Shane CymbalukSHANE CYMBALUK
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1.5
-
Stephanie FuchsSTEPHANIE FUCHS
VICE PRESIDENT/TREASURER
- Total calculated
- $3,250
- From this org
- $3,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Bret WilliamsBRET WILLIAMS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
Jennifer MatthewsJENNIFER MATTHEWS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Paul RileyPAUL RILEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Brandy HellerBRANDY HELLER
DIRECTOR
- Total calculated
- $4,500
- From this org
- $4,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Michelle NelsonMICHELLE NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Lexi HalvorsonLEXI HALVORSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Sarah HammerSARAH HAMMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
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.
Grants on this return
No itemized grants to organizations on this return.
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
COUNTY OF WILLIAMS
$2,144,252
Disposition · FAIR GROUNDS · Oct 31, 2025 · GOVERNMENT UNIT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 June 2026
- IRS schema version
- 2024v5.5
- Source object
- 202611749349301711
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