Overview
What is Utah State Fair Corporation?
The Utah State Fair Corporation is a renowned nonprofit organization located in Salt Lake City, Utah. Established with the primary objective of promoting various pursuits like livestock breeding, agriculture, horticulture, mining, manufacturing, mechanical arts, creative arts, and education amongst the people of Utah, the corporation organizes annual state fairs. This includes arranging for public entertainment, displays, and exhibits, securing funds via private contributions, public appropriations, admission charges, and other lawful means. The organization, with a workforce of 269 employees, aims to stimulate and advance these sectors through its expositions.
Official website here: www.utahstatefair.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Utah State Fair Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial practices. With a score of 96%, the organization demonstrates a commitment to transparency and responsible management of resources. The overall score is derived solely from its accountability and finance metrics, underscoring the importance of these factors in evaluating its performance.
Among its notable strengths, the organization boasts a fully independent board, with all members providing oversight, and effective auditing practices. The absence of any material diversion of assets further highlights its integrity. Additionally, the organization meets all necessary compliance and governance standards, including the presence of key policies related to conflict of interest and whistleblower protections.
Despite the high rating, potential donors and stakeholders may want to consider that the organization’s rating is based solely on financial metrics, without additional insights into its programmatic impact or outreach effectiveness. Overall, the Utah State Fair Corporation showcases a solid financial foundation and governance structure, making it a trustworthy option for support.
This AI summary has been generated from information found on Charity Navigator.
Is Utah State Fair Corporation legitimate?
Utah State Fair Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utah State Fair Corporation 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: $432,474
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,036,125
For more financial information, click here
Official website here: www.utahstatefair.com
What is the mission statement of Utah State Fair Corporation?
The Utah State Fair Corporation was founded with the objective of organizing expositions showcasing livestock, poultry, agriculture, and various industries. Its purpose extends beyond exhibitions, as it aims to stimulate and encourage livestock breeding, agriculture, horticulture, mining, manufacturing, and creative arts among the people of Utah. The corporation sponsors and arranges for public entertainment, displays, and exhibits, generating funds through private contributions, public appropriations, admission charges, and lawful means to cover the costs. Its role is to promote these pursuits and publicize the events, providing a platform for the community to engage in educational and artistic activities.
Official website here: www.utahstatefair.com
Who is the CEO of Utah State Fair Corporation?
Larry Mullenax is the Executive Dir. of Utah State Fair Corporation.
Official website here: www.utahstatefair.com
What is the revenue of Utah State Fair Corporation?
Utah State Fair Corporation's revenue in 2022 was $12,082,221.
Official website here: www.utahstatefair.com
Who are the executives of Utah State Fair Corporation and what are their salaries?
The average compensation at Utah State Fair Corporation during 2022 was $5,459. There are 269 employees and 23 volunteers at Utah State Fair Corporation.
Here are 15 key members and their salaries:
- Compensation: $168,345
- Related: $0
- Other: $41,141
- Compensation: $92,581
- Related: $0
- Other: $24,500
- Compensation: $78,361
- Related: $0
- Other: $22,176
- Compensation: $3,547
- Related: $0
- Other: $0
- Compensation: $2,625
- Related: $0
- Other: $0
- Compensation: $2,571
- Related: $0
- Other: $0
- Compensation: $2,558
- Related: $0
- Other: $0
- Compensation: $1,096
- Related: $0
- Other: $0
- Compensation: $963
- Related: $0
- Other: $0
- Compensation: $627
- Related: $0
- Other: $0
- Compensation: $360
- 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
Official website here: www.utahstatefair.com
Where can I find the form 990 for Utah State Fair Corporation?
Utah State Fair Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.utahstatefair.com
Learn more at the official website: www.utahstatefair.com
Mission Statement of Utah State Fair Corporation
The Utah State Fair Corporation, a distinguished organization, was founded with the purpose of planning expositions in various fields to stimulate and foster the development of livestock breeding, agriculture, horticulture, mining, manufacturing, mechanical arts, creative arts, and education among the people of Utah. The corporation holds the responsibility of providing, sponsoring, and arranging for public entertainment, displays, and exhibits, while also publicizing and promoting these events. Funding for the exhibits is secured through private contributions, public appropriations, admission charges, and other lawful means.
In essence, Utah State Fair Corporation serves as a platform for showcasing and promoting diverse sectors such as agriculture, livestock, industry, and the arts to encourage progress and education in Utah. By organizing expositions and events, the corporation aims to provide opportunities for the public to engage, learn, and be inspired. The corporation's commitment extends beyond just hosting events, as it also works to secure the necessary resources to make these exhibitions possible.
The Utah State Fair Corporation's mission is multifaceted, as it not only focuses on agricultural and industrial pursuits, but also on artistic and educational endeavors. By bringing together a variety of sectors and engaging the public, the corporation plays an essential role in promoting growth and learning across Utah.
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Impact
October, 2024
The Utah State Fair Corporation plays a vital role in promoting the rich agricultural and cultural heritage of Utah. By organizing annual expos showcasing livestock, agriculture, horticulture, and various industries, it stimulates interest and engagement in these fields among the local community and visitors. The Fair serves as a platform for agricultural education and showcases innovations in farming, mining, and manufacturing, fostering a greater appreciation for the state's resources and capabilities.
In addition to agriculture, the Utah State Fair Corporation facilitates entertainment and public exhibits that bring together diverse audiences, enhancing community connections and cultural exchange. By securing funding through private contributions and public support, the organization not only promotes these events but also contributes to the local economy through tourism and business opportunities associated with the Fair.
Overall, the Utah State Fair Corporation significantly impacts Utah by enhancing educational pursuits, celebrating creativity, and providing an essential venue for community engagement and public entertainment.
This information is meant to be a general summary of Utah State Fair Corporation. 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: $131,913
- Program Service Revenue: $5,503,987
- Gross Receipts: $12,082,221
Assets and Liabilities:
- Total Assets: $12,772,062
- Total Liabilities: $946,084
- Net Assets: $11,825,978
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Leases and Concessions
Revenue
$205,942
Miscellaneous
Revenue
$253,984
State Fair Income
Revenue
$5,044,061
Organization Details
Founding Year
1995
Phone
(801) 538-8452Principal Officer
Larry Mullenax
Main Address
155 N 1000 W, Salt Lake City, UT, 84116
Website
www.utahstatefair.comNTEE Category
Code: N520 - Recreation
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