Midland County Agricultural & Horticultural Society

Analysis

Midland County Agricultural & Horticultural Society is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in June 1945, 81 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, Midland County Agricultural & Horticultural Society reported income of $1.1m and spending of $1.6m, spending 143% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $2.9m to $1.1m (-62%), an average of -22% a year. The sharpest change came in the year to October 2021, when income rose by 403%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Midland County Agricultural & Horticultural Society sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Enumclaw Expo and Events Association ($1.1m), Dunn County Golf Association ($1.1m) and Lake Michigan Junior Golfassociation Inc ($1.1m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 6.3% and program service revenue 105% of the total. Compensation of current officers, directors and key employees was $101k (6.5% of expenses). Other salaries and wages came to $165k. At year end it held assets of $6.9m against liabilities of $27k, net assets of $6.9m. It reported 7 employees.