Overview
What is Eastern States Exposition?
The Eastern States Exposition, a Massachusetts-based nonprofit corporation, is dedicated to offering educational experiences for urban and rural individuals, particularly youth, through programs and exhibitions that foster local and regional participation, demonstration, and competition. It serves as a showcase for the agricultural and other resources of the Northeast and beyond, providing regional facilities to serve the best interests of New England and the Northeast. The organization's mission is to excel in providing year-round opportunities for the development and promotion of agriculture, education, industry, and family entertainment while preserving New England's heritage. With a workforce of 847 employees, Eastern States Exposition continues its commitment to the New England community.
Official website here: www.thebige.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Eastern States Exposition has achieved an impressive score of 96%, which reflects its commitment to accountability and financial transparency. The organization’s strong performance in this area is underscored by a perfect score in multiple accountability metrics, indicating a robust governance structure and adherence to ethical standards. The majority of board members are independent, demonstrating a commitment to impartial oversight.
Financially, the Eastern States Exposition shows a solid program expense ratio of 86.49%, meaning that a substantial portion of its expenditures is directed towards its programs rather than administrative costs. This efficiency is complemented by a low liabilities-to-assets ratio of 12.73%, suggesting sound financial health. The organization also has several policies in place to manage conflicts of interest and ensure proper document retention.
While the organization excels in its accountability measures, continued commitment to transparency will be crucial for maintaining donor trust and support. Overall, the Eastern States Exposition stands out as a well-managed nonprofit with strong financial practices and effective governance.
This AI summary has been generated from information found on Charity Navigator.
Is Eastern States Exposition legitimate?
Eastern States Exposition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern States Exposition submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $703,752
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,751,852
For more financial information, click here
Official website here: www.thebige.com
What is the mission statement of Eastern States Exposition?
The Eastern States Exposition functions as a not-for-profit corporation, dedicated to delivering year-round opportunities for agriculture, education, industry, and family entertainment while preserving New England's heritage. Its primary goal is to provide an educational experience for urban and rural individuals, particularly youth, through programs and exhibitions that foster local and regional participation, demonstration, and competition. The Exposition serves as a showcase for agricultural and other resources in the Northeast and beyond. By providing regional facilities, it aims to serve the best interests of New England and the northeastern states. The organization keeps the focus on New England's heritage and pioneering spirit, contributing to ongoing progress.
Official website here: www.thebige.com
Who is the CEO of Eastern States Exposition?
Jerome Richard is the First Vice Chair of Eastern States Exposition. The CEO's salary of Eastern States Exposition is $493,405 and their total compensation is $622,109.
Official website here: www.thebige.com
What is the revenue of Eastern States Exposition?
Eastern States Exposition's revenue in 2022 was $30,863,974.
Official website here: www.thebige.com
Who are the executives of Eastern States Exposition and what are their salaries?
The average compensation at Eastern States Exposition during 2022 was $6,441. There are 847 employees and 2316 volunteers at Eastern States Exposition.
Here are 22 key members and their salaries (Eastern States Exposition's CEO's salary is $493,405 and their total compensation is $622,109):
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- Compensation: $493,405
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- Other: $12,222
- Compensation: $144,748
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- Other: $12,341
Official website here: www.thebige.com
Where can I find the form 990 for Eastern States Exposition?
Eastern States Exposition's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thebige.com
Learn more at the official website: www.thebige.com
Mission Statement of Eastern States Exposition
Eastern States Exposition, a not-for-profit corporation, is dedicated to excellence in offering year-round opportunities for the advancement and showcasing of agriculture, education, industry, and family entertainment while preserving New England's heritage. With a focus on education, the organization creates programs and exhibitions that include local and regional participation, demonstrations, and competitions, providing valuable learning experiences for urban and rural individuals, particularly youth.
Additionally, Eastern States Exposition serves as a platform to present the agricultural and other resources of the Northeast and beyond. By providing regional facilities, the organization aims to serve the best interests of New England and the Northeast. Eastern States Exposition's commitment extends beyond its educational and industrial pursuits, as it also highlights the New England heritage and its pioneering spirit that contributes to ongoing progress.
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Impact
October, 2024
The Eastern States Exposition significantly impacts the region by promoting agriculture, education, and industry while preserving New England's heritage. Through its year-round initiatives, it provides educational experiences that engage both urban and rural communities, particularly focusing on youth. This is achieved via a variety of programs and exhibitions that encourage local and regional participation, showcasing the rich agricultural resources of the Northeast and beyond.
The Exposition serves as a vital platform to celebrate and promote New England's pioneering spirit, offering opportunities for demonstration and competition that highlight the area's resources and traditional practices. By facilitating gatherings and events, it fosters community connection and engagement, serving the best interests of New England and strengthening the region’s identity. This blend of education, recreation, and cultural celebration not only nurtures local pride but also attracts visitors, contributing to the local economy.
This information is meant to be a general summary of Eastern States Exposition. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $276,948
- Program Service Revenue: $30,503,979
- Gross Receipts: $31,116,719
Assets and Liabilities:
- Total Assets: $53,791,873
- Total Liabilities: $6,850,427
- Net Assets: $46,941,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FALL SHOW
Revenue
$26,616,075
BUILDING AND GROUNDS RENTAL
Revenue
$3,887,904
Organization Details
Founding Year
1923
Phone
(413) 737-2443Principal Officer
Jerome Richard
Main Address
1305 MEMORIAL AVENUE, WEST SPRINGFIELD, MA, 01089
Website
www.thebige.comNTEE Category
Code: N520 - Recreation
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