Sevier County Fair Association

Analysis

Sevier County Fair Association is a registered charity in United States, based in Sevierville, TN. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Sevier County Fair Association reported income of $246k and spending of $251k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $227k to $246k (+8.3%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sevier County Fair Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Dance Augusta Inc ($246k), Bach Society Houston ($246k) and Associated Baptist Press Foundation Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $35k (14% of expenses). Other salaries and wages came to $19k. At year end it held assets of $94k against liabilities of $0, net assets of $94k. It reported 2 employees.