Miami-Dade County Fair & Exposition Inc

Analysis

Miami-Dade County Fair & Exposition Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 1966, 60 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Miami-Dade County Fair & Exposition Inc reported income of $14.5m and spending of $14.6m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $12.5m to $14.5m (+16%), an average of +3.7% a year. The sharpest change came in the year to September 2022, when income rose by 406%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Miami-Dade County Fair & Exposition Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Fresh Air Society ($14.4m), National Ability Center ($14.5m) and Sport and Entertainment Corporation of Maryland ($14.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.7m (11% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $20.0m against liabilities of $1.2m, net assets of $18.8m. It reported 460 employees.