Overview
What is Oklahoma State Fair Inc?
Oklahoma State Fair Inc, a nonprofit organization based in Oklahoma City, Oklahoma, operates an annual state fair to offer educational and cultural benefits for the citizens of the state. With approximately 900,000 attendees in 2022, the organization provides a platform for agricultural exhibits, displays of local products, and various educational, cultural, and youth-oriented activities. The mission of Oklahoma State Fair Inc is to enrich the community by hosting the state fair and engaging in additional activities throughout the year. This nonprofit employs a team of around 500 individuals to help bring these opportunities to life.
Official website here: www.okstatefair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Oklahoma State Fair Inc has received an 84% overall score, which reflects strong accountability and financial practices. The organization boasts a predominantly independent board, with 97% of its members meeting this criterion, and it has effective oversight through its audit and finance committee. Additionally, the program expense ratio is commendable at 84.49%, indicating that a significant portion of its resources is allocated to its programs.
However, there are notable limitations regarding governance policies, as the organization lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Furthermore, the tax form is not posted on the nonprofit's website, which detracts from transparency efforts. While the financial health appears solid, addressing these policy gaps could strengthen the organization's overall accountability framework.
In summary, Oklahoma State Fair Inc demonstrates a strong commitment to financial responsibility and independent governance but should focus on improving its governance policies to enhance transparency and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Oklahoma State Fair Inc legitimate?
Oklahoma State Fair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma State Fair 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: $1,001,319
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,536,575
For more financial information, click here
Official website here: www.okstatefair.com
What is the mission statement of Oklahoma State Fair Inc?
The Oklahoma State Fair Inc aims to enrich the lives of Oklahoma citizens by offering educational and cultural benefits. This is accomplished primarily through the annual state fair and additional activities throughout the year. The state fair itself showcases agricultural exhibits and displays of locally produced goods, providing valuable educational opportunities. Furthermore, various educational, cultural, and youth-oriented activities are organized to cater to the diverse interests of the community.
Official website here: www.okstatefair.com
Who is the CEO of Oklahoma State Fair Inc?
Kirk Slaughter is the CEO of Oklahoma State Fair Inc The CEO's salary of Oklahoma State Fair Inc is $303,362 and their total compensation is $326,358.
Official website here: www.okstatefair.com
What is the revenue of Oklahoma State Fair Inc?
Oklahoma State Fair Inc's revenue in 2023 was $26,047,828.
Official website here: www.okstatefair.com
Who are the executives of Oklahoma State Fair Inc and what are their salaries?
The average compensation at Oklahoma State Fair Inc during 2023 was $11,214. There are 583 employees and 143 volunteers at Oklahoma State Fair Inc.
Here are 46 key members and their salaries (Oklahoma State Fair Inc's CEO's salary is $303,362 and their total compensation is $326,358):
- Compensation: $303,362
- Related: $0
- Other: $22,996
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $144,501
- Related: $0
- Other: $14,547
- Compensation: $74,747
- Related: $0
- Other: $12,396
- Compensation: $210,643
- Related: $0
- Other: $7,415
- Compensation: $197,775
- Related: $0
- Other: $12,937
- Compensation: $157,867
- Related: $0
- Other: $26,463
- Compensation: $0
- Related: $141,802
- Other: $10,983
- Compensation: $139,047
- Related: $0
- Other: $17,579
- Compensation: $134,278
- Related: $0
- Other: $24,151
Official website here: www.okstatefair.com
Where can I find the form 990 for Oklahoma State Fair Inc?
Oklahoma State Fair Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.okstatefair.com
Learn more at the official website: www.okstatefair.com
Mission Statement of Oklahoma State Fair Inc
Oklahoma State Fair Inc, a dynamic organization, is dedicated to enriching the lives of Oklahoma citizens through the operation of an annual state fair and various activities throughout the year. By providing educational and cultural benefits, this esteemed institution fosters a deeper appreciation for the state's heritage and community.
At the core of Oklahoma State Fair Inc's mission lies the annual state fair, an event that showcases agricultural exhibits and displays of locally made products. This platform not only educates visitors about the state's agricultural sector but also offers an engaging and interactive experience. Additionally, the organization sponsors numerous educational, cultural, and youth-oriented activities, encouraging personal growth and community engagement.
Oklahoma State Fair Inc's commitment to education extends beyond the annual fair. The organization's initiatives aim to inspire creativity, innovation, and a sense of pride in Oklahoma's rich heritage. Through these activities, Oklahoma State Fair Inc fosters a strong connection between the state's residents and their cultural roots, creating a vibrant and thriving community.
In summary, Oklahoma State Fair Inc is a mission-driven organization that strives to enhance the lives of Oklahoma citizens. By providing educational and cultural benefits through the operation of an annual state fair and other activities, the organization creates opportunities for personal growth, community engagement, and a deeper appreciation for the state's heritage.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Oklahoma State Fair Inc. significantly impacts the state's cultural and educational landscape by operating an annual state fair that engages approximately 900,000 attendees each year. The fair showcases agricultural exhibits, highlights products made in Oklahoma, and offers a variety of educational and cultural activities that cater to families and youth. This event not only serves as a celebration of local heritage and agriculture but also fosters community spirit and pride among Oklahomans. By providing diverse programming throughout the year, Oklahoma State Fair Inc. enhances the quality of life for its citizens, creating opportunities for learning, entertainment, and connection within the community.
This information is meant to be a general summary of Oklahoma State Fair 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 2023.
- Investment Income: $552,095
- Program Service Revenue: $22,664,026
- Gross Receipts: $27,645,006
Assets and Liabilities:
- Total Assets: $21,259,385
- Total Liabilities: $4,397,942
- Net Assets: $16,861,443
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENTRY FEES
Revenue
$5,675,843
RENTAL INCOME
Revenue
$5,256,578
ADMISSIONS
Revenue
$4,696,809
EXHIBITS AND CONCESSIONS
Revenue
$3,302,225
SERVICES INCOME
Revenue
$2,911,227
Organization Details
Founding Year
1907
Principal Officer
Kirk Slaughter
Website
www.okstatefair.comNTEE Category
Code: K20Z - Food
If you are a representative of Oklahoma State Fair Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.