Four States Fair Association Incorporated

Analysis

Four States Fair Association Incorporated is a registered charity in United States, based in Texarkana, AR. It received its IRS tax-exemption ruling in January 1951, 75 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 December 2023, Four States Fair Association Incorporated reported income of $1.5m and spending of $1.6m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.5m (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Four States Fair Association Incorporated sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Intercollegiate Horse Shows Association Inc ($1.5m), Ozaukee Youth Hockey Association Inc ($1.5m) and Pennsylvania Recreation and Park Society ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $75k (4.6% of expenses). Other salaries and wages came to $452k. At year end it held assets of $4.3m against liabilities of $72k, net assets of $4.3m. It reported 96 employees.