State Fair of Texas is a fair based in Dallas, TX that was founded in 1886. As of 2019 they had $47 million in revenue and $80 million in assets.
The State Fair of Texas is an annual state fair held in Dallas, Texas that celebrates all things Texan by promoting agriculture, education, and community involvement through quality entertainment in a family-friendly environment.
EIN:
75-6002511
City:
State:
Website:
Phone:
214-565-9931
Facebook:
Twitter:
Founded:
1886
Type:
501(c)(3)
NTEE:
Revenue:
$47,002,737
Assets:
$80,269,862
Employees:
2,236
Fiscal year end:
December
Program areas at State Fair of Texas
Since its inception in 1886, the State Fair of Texas has celebrated all things Texan by promoting agriculture, education, and community involvement through quality entertainment in a family-friendly environment. Agriculture serves not only as a pillar of this organization, but as a fundamental feature of the Lone Star state and its history. The State Fair of Texas offers a variety of interactive exhibits focusing on agriculture and livestock, implementing hands-on activities that are both enjoyable and informative. Each year thousands of students from around the state work diligently in preparation for the competitive livestock events and leadership contests at the State Fair. As the largest of these events, the annual Big Tex Youth Livestock Auction celebrates the agricultural heritage of our great state, while also providing scholarships and prizes to students throughout Texas. The Fairs educational initiatives extend far beyond our 24-day exposition. With education at the very core of ...
Form 990s for State Fair of Texas
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2018-12 | Feb 6, 2020 | 990 | View PDF |
| 2017-12 | Mar 15, 2019 | 990 | View PDF |
| 2016-12 | Dec 28, 2017 | 990 | View PDF |
| 2015-12 | Apr 6, 2017 | 990 | View PDF |
| 2014-12 | Feb 12, 2016 | 990 | View PDF |
| ...and six more Form 990 PDFs |
Financials for State Fair of Texas
| Field | 2018 | 2017 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $1,032,257 | $923,264 | 11.8% |
| Related organizations | $0 | $0 | |
| Government grants (contributions) | $0 | $0 | |
| Normal grants, contributions, etc. | $2,656,425 | $850,748 | 212.2% |
| <em>Non-cash contributions included in above</em> | $37,000 | $43,750 | -15.4% |
| Total grants, contributions, etc. | $3,688,682 | $1,774,012 | 107.9% |
| Field | 2018 | 2017 | % Change |
|---|
| Total grants, contributions, etc. | $3,688,682 | $1,774,012 | 107.9% |
| Program services | $42,155,852 | $48,339,411 | -12.8% |
| Investment income and dividends | $739,383 | $414,615 | 78.3% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $0 | $0 | |
| Net rental income | $0 | $0 | |
| Net gain from sale of non-inventory assets | $398,102 | $797,613 | -50.1% |
| Net income from fundraising events | $20,718 | $148,631 | -86.1% |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $0 | $0 | |
| Total revenues | $47,002,737 | $51,474,282 | -8.7% |
| Field | 2018 | 2017 | % Change |
|---|
| Grants to govts. and orgs. in USA | $2,166,060 | $1,438,874 | 50.5% |
| Grants to individuals in USA | $1,627,711 | $15,000 | 10751.4% |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $2,722,836 | $2,803,727 | -2.9% |
| Compensation not included above, to disqualified persons | $0 | $42,559 | -100% |
| Non-officer salaries and wages | $8,546,040 | $6,757,153 | 26.5% |
| Pension/retirement accruals and contributions | $134,638 | $161,634 | -16.7% |
| Other employee benefits | $710,027 | $424,019 | 67.5% |
| Payroll taxes | $808,855 | $741,036 | 9.2% |
| Management fees | $0 | $480,091 | -100% |
| Legal fees | $845,663 | $1,491,447 | -43.3% |
| Accounting fees | $144,084 | $163,305 | -11.8% |
| Lobbying fees | $0 | $0 | |
| Pro. fundraising fees | $0 | $0 | |
| Investment mgmt fees | $119,846 | $96,765 | 23.9% |
| Other fee-for-service | $8,336,933 | $5,411,772 | 54.1% |
| Advertising and promotion | $1,910,343 | $1,850,681 | 3.2% |
| Office expenses | $2,205,237 | $1,580,394 | 39.5% |
| Information tech. expenses | $183,207 | $172,804 | 6.0% |
| Royalty expenses | $0 | $0 | |
| Occupancy | $1,845,626 | $1,799,575 | 2.6% |
| Travel | $88,968 | $94,312 | -5.7% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $0 | $0 | |
| Interest | $0 | $0 | |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $3,605,691 | $3,458,268 | 4.3% |
| Insurance | $946,096 | $1,069,333 | -11.5% |
| All other expenses | $12,855,817 | $22,149,441 | -42.0% |
| Total expenses | $49,803,678 | $52,202,190 | -4.6% |
| Field | 2018 | 2017 | % Change |
|---|
| Cash (non-interest-bearing) | $721,764 | $139,041 | 419.1% |
| Savings, short-term investments, etc. | $25,584,420 | $29,518,181 | -13.3% |
| Pledges and grants receivable | $0 | $0 | |
| Accounts receivable | $457,303 | $246,166 | 85.8% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $0 | $0 | |
| Inventories for use | $322,396 | $278,935 | 15.6% |
| Prepaid expenses and deferred charges | $331,607 | $252,129 | 31.5% |
| Buildings, equipment, etc. post-depreciation | $26,481,329 | $26,259,701 | 0.8% |
| Investments, publicly traded securities | $24,895,924 | $23,392,578 | 6.4% |
| Investments, other securities | $0 | $0 | |
| Investments, program-related | $0 | $0 | |
| Intangible assets | $0 | $0 | |
| Other assets | $1,475,119 | $1,431,653 | 3.0% |
| Total assets | $80,269,862 | $81,518,384 | -1.5% |
| Field | 2018 | 2017 | % Change |
|---|
| Accounts payable and accrued expenses | $2,136,626 | $2,121,924 | 0.7% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $0 | $0 | |
| Tax-exempt bond liabilities | $0 | $0 | |
| Escrow or custodial account liability | $9,680,876 | $6,534,355 | 48.2% |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $0 | $0 | |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $13,921,229 | $14,936,183 | -6.8% |
| Total liabilities | $25,738,731 | $23,592,462 | 9.1% |
| Field | 2018 | 2017 | % Change |
|---|
| Unrestricted net assets | $53,927,429 | $56,886,703 | -5.2% |
| Temporarily restricted net assets | $562,033 | $997,550 | -43.7% |
| Permanently restricted net assets | $41,669 | $41,669 | |
Vendors for State Fair of Texas
| Vendor | Services | Amount paid | Date |
|---|
| Bruce E Bernstien and Associates PC | Tax accounting | | 2020-02-06 |
| █████████ | Content management system software | | 2019-12-26 |
| ███ █████ ████████ ███ | Janitorial Ecologic | $1,586,942 | 2018-12-01 |
| ████ ███████ ███████████ | Tent Structures | $1,116,673 | 2018-12-01 |
| █████ █████ ████████ ███ | Named Entertainment | $1,067,501 | 2018-12-01 |
| ██████ ████████ ████ ███ | Ticket Printing | $926,709 | 2018-12-01 |
| █████████ ████████████ | Construction | $1,086,950 | 2018-12-01 |
| █████████ ████████ | Software | | 2018-06-20 |
Personnel at State Fair of Texas
| Name | Title | Compensation | Most recent data |
|---|
| Jaime Navarro | Chief Financial Officer and Senior Vice President, Finance | $329,963 | Feb. 6, 2020 |
| Rusty Also Serves | Senior Vice President, Operations | - | May 29, 2020 |
| ████████ ███████ | Senior Vice President , Agriculture and Livestock / Senior Vice President , Marketing | $243,757 | May 29, 2020 |
| ███████ ██████████ | Vice President , Community Affairs and Strategic Alliances | $180,584 | May 29, 2020 |
| █████ ██████████ | Senior Vice President , Public Relations | - | May 29, 2020 |
| █████ █ ████████ | Senior Vice President, Food, Beverage, and Retail | $283,953 | Dec. 31, 2018 |
| █████ █ ████ | Senior Vice President, Agriculture and Livestock | $241,899 | Dec. 31, 2018 |
| ██████ ██████ | GM and Senior Vice President | $373,989 | Dec. 31, 2018 |
| ████████ ███████ | President | $541,913 | Dec. 31, 2018 |
| ██████ ███████████ | Director , Community Affairs | $119,079 | Dec. 31, 2018 |
| ...and 15 more key personnel |
Peer county fairs
| | Name | Type | Revenue | Location |
|---|
| 1 | Houston Livestock Show and Rodeo | 501(c)(3) | $141 million | Houston, TX |
| 2 | Alameda County Agricultural Fair Association | 501(c)(3) | $24 million | Pleasanton, CA |
| 3 | San Mateo County Event Center (SMCEC) | 501(c)(3) | $13 million | San Mateo, CA |
| 4 | Oklahoma State Fair | 501(c)(3) | $21 million | Oklahoma City, OK |
| 5 | South Florida Fair and Palm Beach County Expositions | 501(c)(3) | $17 million | West Palm Beach, FL |
| 6 | Washington State Fair | 501(c)(3) | $36 million | Puyallup, WA |
| 7 | Fort Worth Stock Show & Rodeo | 501(c)(3) | $22 million | Fort Worth, TX |
| 8 | San Antonio Stock Show and Rodeo | 501(c)(3) | $34 million | San Antonio, TX |
| 9 | Gilroy Gardens Family Theme Park | 501(c)(3) | $15 million | Gilroy, CA |
| 10 | National Western Stock Show | 501(c)(3) | $34 million | Denver, CO |
| 11 | Fairplex | 501(c)(5) | $66 million | Pomona, CA |
| 12 | Performing Arts Fort Worth | 501(c)(3) | $18 million | Fort Worth, TX |
| 13 | Cotton Bowl Classic. | 501(c)(3) | $14 million | Arlington, TX |
| 14 | Music Academy of the West | 501(c)(3) | $15 million | Santa Barbara, CA |
| 15 | Aspen Music Festival and School (AMFS) | 501(c)(3) | $19 million | Aspen, CO |
| 16 | Film Society of Lincoln Center | 501(c)(3) | $16 million | New York, NY |
| 17 | Music and Event Management (CSO) | 501(c)(3) | $42 million | Cincinnati, OH |
| 18 | Pittsburgh Cultural Trust | 501(c)(3) | $79 million | Pittsburgh, PA |
| 19 | Kstate Athletics | 501(c)(3) | $83 million | Manhattan, KS |
| 20 | Us Lacrosse | 501(c)(3) | $19 million | Sparks, MD |
| 21 | El Dorado Festivals and Events | 501(c)(3) | $12 million | El Dorado, AR |
| 22 | Bethel Music | 501(c)(3) | $12 million | Redding, CA |
| 23 | Pryor Learning Solutions | 501(c)(3) | $71 million | Mission, KS |
| 24 | Lincoln Center for the Performing Arts | 501(c)(3) | $144 million | New York, NY |
| 25 | New Orleans Jazz and Heritage Festival and Foundation | 501(c)(3) | $38 million | New Orleans, LA |