Northwestern Michigan Fair Association

Analysis

Northwestern Michigan Fair Association is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in August 1958, 68 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Northwestern Michigan Fair Association reported income of $750k and spending of $578k, leaving 23% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $707k to $750k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to October 2021, when income rose by 201%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northwestern Michigan Fair Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include St Michael Albertville Soccer Club ($749k), Rva Sports Foundation Inc ($750k) and Fort Hunt Youth Athletic Association Inc ($749k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 2.0% and program service revenue 86% of the total. Other salaries and wages came to $24k. At year end it held assets of $3.5m against liabilities of $249k, net assets of $3.3m. It reported 1 employees.