Overview
What is Kansas Fairgrounds Foundation?
The Kansas Fairgrounds Foundation, based in Hutchinson, Kansas at 2000 N Poplar, is a nonprofit organization with a mission to inspire understanding and appreciation for Kansas' agriculture, industry, and culture. They aim to achieve this through the Kansas State Fair, various activities, educational programs, and opportunities. One of their significant projects includes the restoration of the Historic House of Capper on the Kansas State Fairgrounds and the creation of a new Cappper Cooperative Park adjacent to the building. The foundation, led by a team of three dedicated individuals, strives to contribute positively to the community and promote the rich heritage of Kansas.
Official website here: www.kansasfairgroundsfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Kansas Fairgrounds Foundation has received a low rating of 54%, indicating significant concerns regarding its accountability and financial practices. Although the organization boasts a fully independent board, which reflects good governance, it lacks essential financial transparency. The absence of financial statements is a major concern, impacting its overall score and raising questions about the organization's financial health.
Despite the program expense ratio being relatively high at 86.65%, indicating that the majority of its expenses are directed towards programs, other metrics highlight serious deficiencies. The foundation does not have crucial policies in place, such as a conflict of interest policy or a whistleblower policy, which are vital for upholding trust and integrity within the organization. Furthermore, the liabilities to assets ratio at 161.65% suggests potential financial instability, which may affect its long-term viability.
In summary, while the Kansas Fairgrounds Foundation demonstrates some strengths in governance with independent board members and program spending, its significant lack of financial reporting and critical operational policies limits its accountability and raises concerns about its sustainability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Kansas Fairgrounds Foundation legitimate?
Kansas Fairgrounds Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kansas Fairgrounds Foundation 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: $96,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,794
For more financial information, click here
Official website here: www.kansasfairgroundsfoundation.com
What is the mission statement of Kansas Fairgrounds Foundation?
The Kansas Fairgrounds Foundation's mission is centered around inspiring excellence and fostering understanding in the realms of Kansas agriculture, industry, and culture. They achieve this objective primarily through the Kansas State Fair, various activities, educational programs, and opportunities. The foundation's mission is to enrich people's knowledge and appreciation of these areas, thereby contributing to a more enlightened society. Their activities often include rebuilding significant structures, such as the historic House of Capper, and creating new facilities, such as the Cappar Cooperative Park, to further engage the community.
Official website here: www.kansasfairgroundsfoundation.com
Who is the CEO of Kansas Fairgrounds Foundation?
Mary Mccurry is the Executive Di of Kansas Fairgrounds Foundation.
Official website here: www.kansasfairgroundsfoundation.com
What is the revenue of Kansas Fairgrounds Foundation?
Kansas Fairgrounds Foundation's revenue in 2022 was $789,217.
Official website here: www.kansasfairgroundsfoundation.com
Who are the executives of Kansas Fairgrounds Foundation and what are their salaries?
The average compensation at Kansas Fairgrounds Foundation during 2022 was $37,198. There are 3 employees and 71 volunteers at Kansas Fairgrounds Foundation.
Here are 19 key members and their salaries:
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Official website here: www.kansasfairgroundsfoundation.com
Where can I find the form 990 for Kansas Fairgrounds Foundation?
Kansas Fairgrounds Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kansasfairgroundsfoundation.com
Learn more at the official website: www.kansasfairgroundsfoundation.com
Mission Statement of Kansas Fairgrounds Foundation
The Kansas Fairgrounds Foundation, an esteemed organization, is dedicated to inspiring a deep understanding and appreciation of Kansas' agriculture, industry, and culture. They accomplish this mission primarily through the Kansas State Fair, various activities, educational programs, and opportunities. By engaging with these initiatives, the foundation aims to foster excellence and broaden the perspectives of individuals within and beyond the state.
In addition to these broader endeavors, the Kansas Fairgrounds Foundation has set its sights on restoring a historical landmark. The House of Capper, a significant building on the Kansas State Fairgrounds, is undergoing a meticulous renovation. Once completed, this revitalized structure will serve as a beacon of the foundation's commitment to preserving and celebrating Kansas' rich history.
Furthermore, the foundation has plans to develop a new Cappar Cooperative Park adjacent to the renovated House of Capper. This addition will further augment the foundation's efforts to educate and engage the community, offering a unique and interactive space for visitors to learn about and connect with Kansas' agricultural, industrial, and cultural heritage.
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Impact
July, 2024
The Kansas Fairgrounds Foundation aims to inspire excellence and understanding of Kansas agriculture, industry, and culture through its support of the Kansas State Fair, activities, educational programs, and opportunities. Its impact can be seen in its efforts to rebuild the historic House of Capper on the Kansas State Fairgrounds and the addition of the new Capper Cooperative Park adjacent to this building. Through these initiatives, the foundation contributes to the preservation and promotion of Kansas's rich agricultural heritage while providing public benefit to the community.
This information is meant to be a general summary of Kansas Fairgrounds Foundation. 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: $28
- Program Service Revenue: $58,372
- Gross Receipts: $933,906
Assets and Liabilities:
- Total Assets: $406,334
- Total Liabilities: $0
- Net Assets: $406,334
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRAND DRIVE SPONSORSHIPS
Revenue
$58,372
Organization Details
Founding Year
2003
Phone
(620) 669-3610Principal Officer
Mary Mccurry
Main Address
2000 N POPLAR, HUTCHINSON, KS, 67502
NTEE Category
Code: W192 - Public benefit
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