Missouri State Fair Foundation

Analysis

Missouri State Fair Foundation is a registered charity in United States, based in Sedalia, MO. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Missouri State Fair Foundation reported income of $245k and spending of $162k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $426k to $245k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 164%. Over the whole period it spent 45% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Missouri State Fair Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within MO. Charities of a similar size with the same main cause include Casa Sito Association ($244k), Beloit 2020 Corporation ($245k) and Tekton Career Training ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. Compensation of current officers, directors and key employees was $105k (65% of expenses). At year end it held assets of $2.8m against liabilities of $3,795, net assets of $2.7m. It reported 5 employees.