North Dakota State Fair Foundation

Analysis

North Dakota State Fair Foundation is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in November 2010, 16 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, North Dakota State Fair Foundation reported income of $78k and spending of $173k, spending 221% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $98k to $78k (-20%), an average of -5.5% a year. The sharpest change came in the year to September 2021, when income rose by 201%. Over the whole period it spent 271% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Dakota State Fair Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 21st percentile within ND. Charities of a similar size with the same main cause include Little League Baseball Inc ($78k), PTA Texas Congress ($78k) and People Working Together ($78k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 161% and program service revenue 8.0% of the total. Other salaries and wages came to $34k. At year end it held assets of $1.3m against liabilities of $5,434, net assets of $1.3m.