NonprofitsIowa State Fair Foundation

Recreation & Sports

Iowa State Fair Foundation

DES MOINES, IA

Total revenue

$14.8M

Total expenses

$6.5M

Net assets

$23.9M

Grants received

$1.9M

38 grants

EIN

421376689

Tax year

2023

Mission

Raise funds for renovation and preservation of the historic Iowa State Fairgrounds by soliciting and accepting gifts, donations, bequests and grants to help finance infrastructure projects to guarantee the Fair continues to be a salute to the state's best in ag, industry, entertainment and achievement

Programs

3 programs

Construction and completion of Ag Building Ramps

Expenses: $32K

Ag Building Doors

Expenses: $70K

The top program service project expenses were itemized pursuant to instruction. The remaining program service expenditures consisted of promotion and advertising expense and smaller renovation and maintenance expense to the State Fairgrounds. See Part IX for an itemization of other program services expenditures

Expenses: $3.9M

Financials

FY 2023

Revenue

Contributions & grants$12.7M
Program service revenue
Investment income$404K
Other revenue$1.7M
Total revenue$14.8M

Expenses

Grants paid$3.5M
Salaries & benefits$644K
Fundraising$1.0M
Other expenses$2.4M
Total expenses$6.5M
Total assets$26.3M
Net assets$23.9M

People

18 listed

NameRoleCompensation

Peter Cownie

Executive Director

Board

$235K

40 hrs/wk

Robin Taylor

Assistant Director

Board

$92K

40 hrs/wk

Jo Reynolds

Director

Board

0

Tennie Carlson

Director

Board

0

Darwin Gaudian

President

Board

0

Alan Brown

Director

Board

0

Gary McConnel

Director

Board

0

Curtis Claeys

Vice President

Board

0

John Harms

Director

Board

0

Deb Zumbach

Secretary

Board

0

Randy Brown

Director

Board

0

VerDon Schmidt

Director

Board

0

CW Thomas

Director

Board

0

Gary Van Aernam

Director

Board

0

Kim Reynolds

Governor

Board

0

Michael Naig

Secretary of Agriculture

Board

0

Wendy Wintersteen

President of Iowa State University

Board

0

Jeremy Parson

Secretary

Board

0

Independent contractors

Crystal Clear Water

Provide water for fairgoers

$174K

Broken Arrow Wear

Shirts and Screenprinting

$125K

Grants received

Showing 38 of 38

FromAmountPurposeYear
$70K
GENERAL OPERATIONS
2024
$18K
IOWA STATE FAIRGROUNDS TREE CARE
2024
$100K
FAIRGROUND RENOVATION AND PRESERVATION
2023
$50K
AGRICULTURE BUILDING ENTRIES & RAMP
2023
$30K
GRANT DISTRIBUTION
2023
$15K
GRANT DISTRIBUTION
2023
$8K
GENERAL CONTRIBUTION
2023
$600
GENERAL OPERATING SUPPORT
2023
$125
GENERAL OPERATIONS
2023
$18K
Shelter House Renovation
2022
$8K
GENERAL CONTRIBUTION
2022
$6K
GENERAL OPERATING SUPPORT
2022
$52K
GENERAL SUPPORT
2021
$52K
GENERAL SUPPORT
2021
$11K
FARM TO FAIR MEAL SPONSORSHIP
2021
$9K
GENERAL CONTRIBUTION
2021
$250K
GIANT SLIDE
2020
$30K
IOWA STATE FAIR SPONSOR
2020
$20K
SPONSORSHIP
2020
$10K
GRANT DISTRIBUTION
2020
$8K
GENERAL CONTRIBUTION
2020
$5K
GRANT DISTRIBUTION FOR THE AREA OF GREATEST NEED
2020
$5K
GRANT DISTRIBUTION
2020
$1K
GRANT DISTRIBUTION
2020
$1K
GRANT DISTRIBUTION FOR BIG CHALLENGES - BIGGER VISION FUNDRAISING CAMPAIGN
2020
$1K
GRANT DISTRIBUTION
2020
$395
GRANT DISTRIBUTION FOR THE 1854 SOCIETY
2020
$395
GRANT DISTRIBUTION
2020
$150
GENERAL OPERATIONS
2020
$100
GRANT DISTRIBUTION
2020
$55K
GENERAL OPERATING FUND
2018
$1.0M
SOCIAL SERVICES/SOCIAL BENEFITS
2017

Funded by

$1.9M from 13 funders · 38 grants · 2017–2024

Donor Advised Charitable Giving Inc

$1.0M · 2 grants · 2017–2023

Sioux Falls Area Community

$250K · 1 grant · 2020

The Blackbaud Giving Fund

$104K · 2 grants · 2021

Greater Cedar Rapids Community

$100K · 1 grant · 2023

Prairie Meadows Race Track And Casino

$86K · 3 grants · 2022–2024

Community Fdn Of Greater Des Moines

$76K · 12 grants · 2020–2023

Pella Rolscreen Foundation

$70K · 3 grants · 2020–2024

Lohse Family Foundation

$55K · 1 grant · 2018

Details

EIN421376689
NTEE codeN520
Subsection03
Ruling date1992-06
Formed1991
Employees4
Volunteers700
IOWA STATE FAIR FOUNDATION — Mission, Financials & Grants Received | Grantivo