Form 990 for tax year 2023

1b · Membership dues

$3,300

1c · Fundraising events

$2,940

1d · Related organizations

$65,091

1e · Government grants (contributions)

$2,137,000

1f · All other contributions, gifts and grants

$16,373,240

2a · Program service revenue: ENTRY FEES

total $1,563,417 · related or exempt $1,563,417

2b · Program service revenue: OTHER SHOW REVENUES

total $1,178,477 · related or exempt $1,178,477

2c · Program service revenue: TICKET SALES

total $692,711 · related or exempt $692,711

2d · Program service revenue: AGRICULTURAL SHOW FACILITY RENTAL

total $285,483 · related or exempt $285,483

2e · Program service revenue: MEMBERSHIP DUES

total $107,605 · related or exempt $107,605

2f · All other program service revenue

total $48,129 · related or exempt $48,129

3 · Investment income

total $508,134 · excluded $508,134

7a · Gross sales of assets other than inventory

securities $167,876 · other assets $12,769

7b · Less cost or other basis and sales expenses

securities $162,717 · other assets $7,488

7c · Gain or loss

securities $5,159 · other assets $5,281

7d · Net gain or loss

total $10,440 · excluded $10,440

8a · Fundraising events: gross income

$619,580

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

$2,940

8b · Fundraising events: direct expenses

$290,759

8c · Net income from fundraising events

total $328,821 · excluded $328,821

10a · Gross sales of inventory

$511,812

10b · Cost of goods sold

$327,096

10c · Net income from sales of inventory

total $184,716 · related or exempt $184,716

1 · Grants to domestic organizations and governments

total $13,000 · program services $13,000

2 · Grants to domestic individuals

total $148,630 · program services $148,630

5 · Compensation of officers, directors and key employees

total $537,433 · program services $322,458 · management and general $134,360 · fundraising $80,615

7 · Other salaries and wages

total $1,612,412 · program services $1,241,226 · management and general $129,325 · fundraising $241,861

8 · Pension plan contributions

total $94,442 · program services $78,594 · management and general $1,681 · fundraising $14,167

9 · Other employee benefits

total $136,808 · program services $108,196 · management and general $8,091 · fundraising $20,521

10 · Payroll taxes

total $152,303 · program services $117,274 · management and general $12,184 · fundraising $22,845

11b · Fees: legal

total $34,823 · program services $30,357 · management and general $4,466

11c · Fees: accounting

total $58,438 · program services $50,943 · management and general $7,495

11f · Fees: investment management

total $1,231 · management and general $1,231

11g · Fees: other

total $2,143,740 · program services $1,954,675 · management and general $180,166 · fundraising $8,899

12 · Advertising and promotion

total $121,348 · program services $117,708 · management and general $1,213 · fundraising $2,427

13 · Office expenses

total $705,131 · program services $552,165 · management and general $146,725 · fundraising $6,241

14 · Information technology

total $42,309 · program services $39,770 · management and general $2,539

16 · Occupancy

total $663,578 · program services $628,863 · management and general $34,715

17 · Travel

total $54,044 · program services $48,370 · management and general $5,404 · fundraising $270

19 · Conferences, conventions and meetings

total $189,557 · program services $180,761 · management and general $3,225 · fundraising $5,571

22 · Depreciation, depletion and amortization

total $136,263 · program services $80,803 · management and general $52,735 · fundraising $2,725

23 · Insurance

total $94,502 · program services $75,602 · management and general $9,450 · fundraising $9,450

24a · Other expenses: PREMIUMS PAID

total $955,361 · program services $955,361

24b · Other expenses: ASSOCIATION FEES

total $151,845 · program services $151,845

24c · Other expenses: AWARDS, RIBBONS & TROPH

total $130,754 · program services $130,754

1 · Cash, non-interest-bearing

beginning of year $2,027,473 · end of year $2,575,218

3 · Pledges and grants receivable

end of year $4,296,529

4 · Accounts receivable

beginning of year $695,707 · end of year $348,867

8 · Inventories for sale or use

beginning of year $13,364 · end of year $25,151

9 · Prepaid expenses and deferred charges

beginning of year $308,108 · end of year $301,240

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

$62,013,657

10b · Land, buildings and equipment: accumulated depreciation

$4,245,156

10c · Land, buildings and equipment, net

beginning of year $13,271,217 · end of year $57,768,501

11 · Investments: publicly traded securities

beginning of year $17,772,417 · end of year $3,366,180

15 · Other assets

beginning of year $337,090 · end of year $337,090

17 · Accounts payable and accrued expenses

beginning of year $2,189,096 · end of year $22,163,161

18 · Grants payable

beginning of year $619,407 · end of year $516,416

19 · Deferred revenue

beginning of year $647,653 · end of year $17,446

27 · Net assets without donor restrictions

beginning of year $3,249,047 · end of year $3,847,391

28 · Net assets with donor restrictions

beginning of year $27,720,173 · end of year $42,474,362