Overview
What is Monroe County Fair Association Inc?
The Monroe County Fair Association Inc, situated in Bloomington, Indiana, is a nonprofit organization primarily dedicated to operating and maintaining facilities for the annual Monroe County Fair. This event serves to uphold the mission of providing a county fair experience, encompassing a variety of fair, county, and additional activities. The association's purpose is to support and promote this annual event, contributing to the local community's entertainment and cultural enrichment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
The Monroe County Fair Association Inc has received a rating of "Needs Improvement" with an overall score of 67%. This reflects a moderate level of transparency and effectiveness in its operations. The organization demonstrates strong accountability, featuring a fully independent board and no material diversion of assets, which are positive indicators of governance.
Despite these strengths, the overall rating suggests there are areas that may require attention to enhance the organization’s impact and operational effectiveness. The program expense ratio is notably high at 100%, indicating that all expenses are directed towards program activities, but this could also raise concerns about sustainability and financial management over the long term.
Overall, while the Monroe County Fair Association Inc exhibits commendable governance and accountability practices, the need for improvement suggests that stakeholders may wish to monitor the organization's developments closely and encourage enhancements in operational practices to ensure long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Monroe County Fair Association Inc legitimate?
Monroe County Fair Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monroe County Fair Association Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,950
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What is the mission statement of Monroe County Fair Association Inc?
The Monroe County Fair Association Inc's primary mission is to provide facilities and oversee the operation of the Monroe County Fair. By doing so, they contribute to the broader goal of organizing a county fair. This organization caters to various fair-related activities, encompassing both county-specific events and other related endeavors. While the exact location is not specified, this association is dedicated to supporting and executing a successful county fair.
Who is the CEO of Monroe County Fair Association Inc?
Jake Conard is the President of Monroe County Fair Association Inc.
What is the revenue of Monroe County Fair Association Inc?
Monroe County Fair Association Inc's revenue in 2022 was $550,679.
Who are the executives of Monroe County Fair Association Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Monroe County Fair Association Inc?
Monroe County Fair Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Monroe County Fair Association Inc
The Monroe County Fair Association, as a nonprofit organization, is dedicated to providing facilities and operating the Monroe County Fair. Its primary mission is to uphold the tradition of offering a county fair, which serves as a platform for various activities and events. The association's role extends beyond just operating the fair; it encompasses various types of activities that are typically associated with fairs and county events. Although the specific activities and events hosted by the Monroe County Fair Association are not provided in the information, it is clear that their mission is centered around providing a vibrant and engaging fair experience for the community.
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Impact
July, 2024
The Monroe County Fair Association Inc's impact is centered around providing a platform for community engagement, entertainment, and celebration through the operation of the annual Monroe County Fair. By offering a space for showcasing agriculture, arts, and entertainment, the association plays a vital role in promoting local talent and fostering a sense of community pride. Through its activities and events, the Monroe County Fair Association contributes to the economic development of the region by attracting visitors and participants, supporting local businesses, and creating opportunities for cultural exchange. Additionally, the fair association helps preserve and promote traditions, skills, and values that are integral to the fabric of the community.
This information is meant to be a general summary of Monroe County Fair Association Inc. 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: $2,954
- Program Service Revenue: $542,224
- Gross Receipts: $550,679
Assets and Liabilities:
- Total Assets: $1,257,517
- Total Liabilities: $7,605
- Net Assets: $1,249,912
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$155,507
COUNTY APPROPRIATIONS
Revenue
$104,172
STORAGE INCOME
Revenue
$67,275
CARNIVAL SETTLEMENT
Revenue
$64,091
BUILDING RENT
Revenue
$38,626
Organization Details
Founding Year
1955
Phone
(812) 825-7439Principal Officer
Jake Conard
Main Address
5454 W AIRPORT RD, BLOOMINGTON, IN, 47403
NTEE Category
Code: A23 - Arts
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