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The State Agricultural & Mechanical Society Of South Carolina

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 570254875 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is The State Agricultural & Mechanical Society Of South Carolina?

The State Agricultural & Mechanical Society of South Carolina is a nonprofit organization situated in Columbia, South Carolina. Their primary mission is to advocate for and promote the material, educational, agricultural, and industrial interests of South Carolina. The organization significantly contributes to this goal by hosting the annual SC State Fair, which serves as their most prominent activity. With a staff of 536 individuals, they strive to support the growth and development of various sectors within the state, contributing to its overall progress and prosperity.


Official website here: www.scstatefair.org

What are the reviews and ratings of this charity?

**Rating:** 96% (Four-Star out of Four Star rating) from Charity Navigator

The State Agricultural & Mechanical Society of South Carolina has received a strong rating on Charity Navigator, highlighting its outstanding accountability and finance practices. With 100% of its board members being independent, it showcases a commitment to transparent governance. Its financial health is also commendable, with a high program expense ratio indicating that a significant portion of its resources is directed towards mission-driven activities.

While the organization demonstrates excellent fiscal management, there are some areas noted for improvement, particularly regarding the posting of its tax forms on its website, which was marked as missing. Additionally, there has been no scoring on impact measurement or community feedback, suggesting a lack of available data that could provide insight into its overall effectiveness and constituent engagement.

User reviews from GreatNonprofits could not be fetched, so no specific feedback is available from the community. However, the overall financial health and governance practices indicate a solid foundation for the organization.


This AI summary has been generated from information found on Charity Navigator.

Is The State Agricultural & Mechanical Society Of South Carolina legitimate?

The State Agricultural & Mechanical Society Of South Carolina is a legitimate nonprofit organization registered as a 501(c)(3) entity. The State Agricultural & Mechanical Society Of South Carolina 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: $234,409
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,179,437

For more financial information, click here


Official website here: www.scstatefair.org

What is the mission statement of The State Agricultural & Mechanical Society Of South Carolina?

The State Agricultural & Mechanical Society of South Carolina's mission is centered around promoting the material, educational, agricultural, and industrial interests of the state of South Carolina. This organization achieves this mission primarily through its significant activity, which is the annual hosting of the SC State Fair. The fair serves as a platform to foster these interests, providing an opportunity for education, engagement, and showcasing various sectors such as agriculture and industry. The society's expenses are primarily allocated for activities associated with the SC State Fair.


Official website here: www.scstatefair.org

Who is the CEO of The State Agricultural & Mechanical Society Of South Carolina?

Nancy L Smith is the Past President of The State Agricultural & Mechanical Society Of South Carolina.


Official website here: www.scstatefair.org

What is the revenue of The State Agricultural & Mechanical Society Of South Carolina?

The State Agricultural & Mechanical Society Of South Carolina's revenue in 2022 was $9,715,530.


Official website here: www.scstatefair.org

Who are the executives of The State Agricultural & Mechanical Society Of South Carolina and what are their salaries?

The average compensation at The State Agricultural & Mechanical Society Of South Carolina during 2022 was $4,503. There are 536 employees at The State Agricultural & Mechanical Society Of South Carolina.


Here are 12 key members and their salaries:


John C Heath Sr (Past President)
  • Compensation: $6,300
  • Related: $0
  • Other: $0
J Cantey Heath Jr (President)
  • Compensation: $10,000
  • Related: $0
  • Other: $0
Joseph J Turner Jr (Executive Committee)
  • Compensation: $1,900
  • Related: $0
  • Other: $0
James S Fulmer Jr (Executive Committee)
  • Compensation: $3,600
  • Related: $0
  • Other: $0
Mark W Buyck Jr (Executive Committee)
  • Compensation: $5,400
  • Related: $0
  • Other: $0
William C Cantey Iii (Vice President)
  • Compensation: $8,000
  • Related: $0
  • Other: $0
Joseph J Keenan (Executive Committee)
  • Compensation: $3,700
  • Related: $0
  • Other: $0
Ricci L Welch (Executive Committee)
  • Compensation: $3,400
  • Related: $0
  • Other: $0
Michael M Beal (Executive Committee)
  • Compensation: $7,000
  • Related: $0
  • Other: $0
Stanley Jackson (Executive Committee)
  • Compensation: $2,500
  • Related: $0
  • Other: $0
Nancy L Smith (Sec/Treas & General Manage)
  • Compensation: $182,609
  • Related: $0
  • Other: $14,800
Timothy E Wilson (Director Of Facilities)
  • Compensation: $109,475
  • Related: $0
  • Other: $8,758


Official website here: www.scstatefair.org

Where can I find the form 990 for The State Agricultural & Mechanical Society Of South Carolina?

The State Agricultural & Mechanical Society Of South Carolina's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.scstatefair.org

Learn more at the official website: www.scstatefair.org

Mission Statement of The State Agricultural & Mechanical Society Of South Carolina

The State Agricultural & Mechanical Society of South Carolina is committed to promoting the material, educational, agricultural, and industrial interests of the state. This mission is primarily achieved through the organization's most significant activity: the annual SC State Fair. By hosting this event, the society aims to contribute to various sectors of South Carolina, fostering growth and development in each. The expenses associated with this fair are covered by the organization, ensuring its continuation and effectiveness in promoting the aforementioned interests.

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Impact




July, 2024

The State Agricultural & Mechanical Society Of South Carolina has a significant impact on promoting the material, educational, agricultural, and industrial interests of the state of South Carolina. Its most significant activity is conducting the annual SC State Fair, which serves as a platform to showcase and celebrate the state's diverse agricultural and industrial sectors. By organizing this event, the society not only promotes economic development but also provides educational opportunities for the community. Additionally, the fair offers recreational activities that bring people together and contribute to the overall well-being of the state's residents. Through its efforts, The State Agricultural & Mechanical Society Of South Carolina plays a vital role in supporting and advancing the interests of South Carolina.




This information is meant to be a general summary of The State Agricultural & Mechanical Society Of South Carolina. 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.

Revenue
$9,715,530 (2022)
Expenses
$5,653,034 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $34,488
  • Program Service Revenue: $8,462,168
  • Gross Receipts: $10,852,053

Assets and Liabilities:

  • Total Assets: $23,287,816
  • Total Liabilities: $199,940
  • Net Assets: $23,087,876

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SC STATE FAIR

Revenue

$8,223,276

CHRISTMAS LIGHTS

Revenue

$166,743

SPRING FOOD CONCESSIONS

Revenue

$72,149

Organization Details

Founding Year

1941

Principal Officer

Nancy L Smith

Main Address

PO BOX 393, COLUMBIA, SC, 292020393

NTEE Category

Code: N520 - Recreation

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