Overview
What is Piedmont Interstate Fair?
The Piedmont Interstate Fair, located in Spartanburg, South Carolina, is a yearly event organized by The Fair Association. Its primary purpose is to educate the local community about various aspects of animal husbandry, agriculture, horticulture, and commercial activities. The fair offers an engaging and entertaining atmosphere that attracts a significant portion of the area population. With over 30,000 attendees in 2022, the fair showcases the agricultural and industrial activities of the region. It serves as a platform for competitive displays of local artists, industries, and agricultural exhibits, and provides educational opportunities for students. The Piedmont Interstate Fair is committed to offering quality entertainment to the entire community. The fair employs around 30 individuals, further enhancing its ability to deliver on its mission.
Official website here: www.piedmontinterstatefair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
The Piedmont Interstate Fair has achieved an impressive 97% rating from Charity Navigator, earning it a prestigious Four-Star status. This high score reflects the organization's strong commitment to accountability and financial management, with 100% of the rating derived from their exceptional performance in this area. The fiscal year ending in 2023 highlights the fair's dedication to transparency and responsible governance.
Key strengths of the organization include a fully independent board, with all 18 members being independent, and no material diversion of assets reported. The fair has well-established policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which contribute to its robust governance framework. Furthermore, its financial health is demonstrated by a low liabilities to assets ratio of just 0.93% and a remarkable program expense ratio of 87.88%, indicating that the majority of funds are directed toward its mission.
While the data showcases many strengths, it is essential to continuously monitor such organizations for evolving practices and potential challenges. Overall, the Piedmont Interstate Fair stands out as a well-managed nonprofit with a strong focus on accountability and service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Piedmont Interstate Fair legitimate?
Piedmont Interstate Fair is a legitimate nonprofit organization registered as a 501(c)(3) entity. Piedmont Interstate Fair 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: $43,640
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,390
For more financial information, click here
Official website here: www.piedmontinterstatefair.com
What is the mission statement of Piedmont Interstate Fair?
The Piedmont Interstate Fair is dedicated to delivering high-quality entertainment for the entire community, serving as a platform for competitive displays of local artists, industries, and agricultural exhibits. It also offers educational opportunities for students, fostering an environment that educates residents on various aspects of animal husbandry, agriculture, horticulture, and community commerce. The fair, which attracts a significant portion of the area population, showcases the agricultural and industrial activities of the region, providing an enjoyable and entertaining atmosphere. Annually, the fair association conducts this event, promoting a fun and engaging learning experience.
Official website here: www.piedmontinterstatefair.com
Who is the CEO of Piedmont Interstate Fair?
William Michels is the Exec. Direct of Piedmont Interstate Fair.
Official website here: www.piedmontinterstatefair.com
What is the revenue of Piedmont Interstate Fair?
Piedmont Interstate Fair's revenue in 2022 was $482,213.
Official website here: www.piedmontinterstatefair.com
Who are the executives of Piedmont Interstate Fair and what are their salaries?
The average compensation at Piedmont Interstate Fair during 2022 was $3,868. There are 30 employees and 10 volunteers at Piedmont Interstate Fair.
Here are 20 key members and their salaries:
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Official website here: www.piedmontinterstatefair.com
Where can I find the form 990 for Piedmont Interstate Fair?
Piedmont Interstate Fair's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.piedmontinterstatefair.com
Learn more at the official website: www.piedmontinterstatefair.com
Mission Statement of Piedmont Interstate Fair
The Piedmont Interstate Fair is dedicated to enriching the community by offering high-quality entertainment, serving as a platform for local artists, industries, and agricultural exhibits, and providing educational opportunities for students. This nonprofit organization annually conducts a fair that educates residents of the Piedmont area in various aspects of animal husbandry, agriculture, horticulture, and community commerce. It creates an enjoyable and entertaining atmosphere that attracts a significant portion of the local population. The fair highlights the agricultural and industrial activities of the area, drawing over 30,000 attendees, as witnessed in the 2022 event.
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Impact
July, 2024
The Piedmont Interstate Fair's impact is significant in Spartanburg, SC, and the surrounding areas. By providing quality entertainment to the community, offering a forum for competitive displays of local artists, industry, and agricultural exhibits, and giving educational opportunities to students, the fair plays a vital role in showcasing the agricultural and industrial activities of the region. With over 30,000 attendees in 2022, the fair has become a popular event that attracts a large portion of the area population. Through its fun and entertaining atmosphere, the fair educates residents in animal husbandry, agriculture, horticulture, and community commerce, contributing to the cultural and economic vibrancy of the area.
This information is meant to be a general summary of Piedmont Interstate Fair. 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: $13,473
- Program Service Revenue: $468,740
- Gross Receipts: $482,213
Assets and Liabilities:
- Total Assets: $1,468,919
- Total Liabilities: $14,226
- Net Assets: $1,454,693
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$468,740
Organization Details
Founding Year
1946
Phone
(864) 582-7042Principal Officer
William Michels
Main Address
PO BOX 4965, SPARTANBURG, SC, 29303
NTEE Category
Code: N520 - Recreation
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