Civic Intelligence

Eastern States Exposition

EIN 04-2108354 • 501(c)3 • West Springfield, MA

Profile

Eastern states exposition is a not-for-profit corporation committed to excellence in providing year-round opportunities for the development and promotion of agriculture, education, industry and family entertainment while preserving our new england heritage.

1305 Memorial AvenueWest Springfield, MA 01089

www.thebige.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.08x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.14x

Higher debt load relative to revenue than 26% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

78th percentile

$662,587

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$62,753,114

Up $6,789,488 (+12%) from 2023

Liabilities

Down

$5,156,590

Down $236,102 (-4.4%) from 2023

Net Assets

Up

$57,596,524

Up $7,025,590 (+14%) from 2023

Revenue

Up

$37,537,094

Up $5,354,327 (+17%) from 2023

Expenses

Up

$30,832,761

Up $1,728,500 (+5.9%) from 2023

Net Income

Up

$6,704,333

Up $3,625,827 (+118%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $28,289,923Liabilities 2010: $9,427,035Net Assets 2010: $18,862,8882010Assets 2011: $30,484,505Liabilities 2011: $11,136,518Net Assets 2011: $19,347,9872011Assets 2012: $30,842,355Liabilities 2012: $9,014,734Net Assets 2012: $21,827,6212012Assets 2013: $33,567,321Liabilities 2013: $8,581,879Net Assets 2013: $24,985,4422013Assets 2014: $36,580,446Liabilities 2014: $8,211,533Net Assets 2014: $28,368,9132014Assets 2015: $39,065,005Liabilities 2015: $8,237,755Net Assets 2015: $30,827,2502015Assets 2016: $40,178,921Liabilities 2016: $7,765,749Net Assets 2016: $32,413,1722016Assets 2017: $42,120,675Liabilities 2017: $7,084,506Net Assets 2017: $35,036,1692017Assets 2018: $41,423,532Liabilities 2018: $6,247,969Net Assets 2018: $35,175,5632018Assets 2019: $43,612,945Liabilities 2019: $5,638,427Net Assets 2019: $37,974,5182019Assets 2020: $37,552,900Liabilities 2020: $8,959,848Net Assets 2020: $28,593,0522020Assets 2021: $51,715,306Liabilities 2021: $8,453,150Net Assets 2021: $43,262,1562021Assets 2022: $53,791,873Liabilities 2022: $6,850,427Net Assets 2022: $46,941,4462022Assets 2023: $55,963,626Liabilities 2023: $5,392,692Net Assets 2023: $50,570,9342023Assets 2024: $62,753,114Liabilities 2024: $5,156,590Net Assets 2024: $57,596,5242024

Highlighted filing

2024

Assets$62,753,114
Liabilities$5,156,590
Net Assets$57,596,524

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$20M$0-$20MExpenses 2010: $12,979,8922010Expenses 2011: $13,870,2282011Expenses 2012: $16,544,1672012Revenue 2013: $15,559,055Expenses 2013: $12,401,234Net Income 2013: $3,157,8212013Revenue 2014: $16,850,894Expenses 2014: $13,467,423Net Income 2014: $3,383,4712014Revenue 2015: $15,949,299Expenses 2015: $13,490,962Net Income 2015: $2,458,3372015Revenue 2016: $22,063,825Expenses 2016: $20,490,591Net Income 2016: $1,573,2342016Revenue 2017: $23,963,281Expenses 2017: $21,346,124Net Income 2017: $2,617,1572017Revenue 2018: $23,731,035Expenses 2018: $22,927,069Net Income 2018: $803,9662018Revenue 2019: $26,125,050Expenses 2019: $24,215,266Net Income 2019: $1,909,7842019Revenue 2020: $1,520,021Expenses 2020: $11,275,608Net Income 2020: -$9,755,5872020Revenue 2021: $35,856,934Expenses 2021: $21,862,928Net Income 2021: $13,994,0062021Revenue 2022: $30,863,974Expenses 2022: $26,402,162Net Income 2022: $4,461,8122022Revenue 2023: $32,182,767Expenses 2023: $29,104,261Net Income 2023: $3,078,5062023Revenue 2024: $37,537,094Expenses 2024: $30,832,761Net Income 2024: $6,704,3332024

Highlighted filing

2024

Revenue$37,537,094
Expenses$30,832,761
Net Income$6,704,333

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.8$5.16$57.6$37.5$30.8$6.70
2023Detailed filing. Detailed filing data is available for this year.$56.0$5.39$50.6$32.2$29.1$3.08
2022Detailed filing. Detailed filing data is available for this year.$53.8$6.85$46.9$30.9$26.4$4.46
2021Detailed filing. Detailed filing data is available for this year.$51.7$8.45$43.3$35.9$21.9$14.0
2020Detailed filing. Detailed filing data is available for this year.$37.6$8.96$28.6$1.52$11.3$9.76
2019Detailed filing. Detailed filing data is available for this year.$43.6$5.64$38.0$26.1$24.2$1.91
2018Detailed filing. Detailed filing data is available for this year.$41.4$6.25$35.2$23.7$22.9$0.80
2017Detailed filing. Detailed filing data is available for this year.$42.1$7.08$35.0$24.0$21.3$2.62
2016Detailed filing. Detailed filing data is available for this year.$40.2$7.77$32.4$22.1$20.5$1.57
2015Detailed filing. Detailed filing data is available for this year.$39.1$8.24$30.8$15.9$13.5$2.46
2014Detailed filing. Detailed filing data is available for this year.$36.6$8.21$28.4$16.9$13.5$3.38
2013Detailed filing. Detailed filing data is available for this year.$33.6$8.58$25.0$15.6$12.4$3.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.8$9.01$21.8$16.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.5$11.1$19.3$13.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.3$9.43$18.9$13.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$37,846,877
Mission and Program Overview

Mission

Eastern States Exposition is a not-for-profit corporation committed to excellence in providing year-round opportunities for the development and promotion of agriculture, education, industry and family entertainment while preserving our New England heritage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,646,841$26,711,325▲ $1,064,484
Cash and Non-Interest-Bearing Accounts$15,226,078$20,137,849▲ $4,911,771
Investments Other Securities$9,890,648$10,557,391▲ $666,743
Accounts Receivable$808,475$957,109▲ $148,634
Inventories for Sale or Use$319,607$361,234▲ $41,627
Prepaid Expenses and Deferred Charges$188,829$144,711▼ $44,118
Intangible Assets$8,942$7,025▼ $1,917
Total Assets$55,963,626$62,753,114▲ $6,789,488
Other Assets Total$3,874,206$3,876,470▲ $2,264
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,991,412$2,572,521▼ $1,418,891
Accounts Payable and Accrued Expenses$679,026$1,526,408▲ $847,382
Deferred Revenue$579,467$816,056▲ $236,589
Other Liabilities$142,787$241,605▲ $98,818
Total Liabilities$5,392,692$5,156,590▼ $236,102
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$50,570,934$57,596,524▲ $7,025,590
Total Net Assets Fund Balance$50,570,934$57,596,524▲ $7,025,590
Total Liabilities and Net Assets / Fund Balance$55,963,626$62,753,114▲ $6,789,488

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,889,708$42,556,043$62,445,751
Equipment$3,841,085$14,828,607$18,669,692
Other Land Buildings$2,980,532$11,077,142$14,057,674
Other Assets Org$3,876,470--
Other Securities$10,557,391--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eugene J CassidyPresident/CEOFT$519,105$143,482$662,587
Timothy GarstkaDirector-salesFT$179,996$37,216$217,212
Christine ByrneDirector of FinanceFT$170,988$25,744$196,732
Clifford HedgesDirector-securityFT$144,904$10,192$155,096
Jessica FontaineDirector-hr & EducationFT$118,688$24,170$142,858
Steve FerraroDirector of OperationsFT$113,635$22,896$136,531
Elena HovagimianDirector of ArgicultureFT$112,859$19,201$132,060

Board Members and Trustees

NameTitle
David C HenryChairman
William M Stamp JrFirst Vice Chair
Robert F SpoerlSecond Vice Chair
Amy SenewDirector
Donald MareanDirector
Gordon MacpheeDirector
Greg BreeneDirector
Jon OlsonDirector
Margaret DryeDirector
Rachel MonetteDirector
Richard P Roberts EsqDirector
Robert W SantyDirector
Roger AllbeeDirector
Cynthia WestoverDirector (as of 5/16/2024)
Robert StarrDirector (as of 5/16/2024)
David AllenDirector (ended 5/16/2024)
Martha SeifertDirector (ended 5/16/2024)
Robert W SpearSecretary
James R LymanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Collins ElectricElectrical Contract53 SECOND AVE, Chicopee, MA 01020$1,593,231
Greenwood Industries INCCommercial Roofing640 LINCOLN STREET, Worcester, MA 01089$1,092,539
Mellowship Entertainment LLCEntertainment Contractor1115 MEMORIAL AVE, West Springfield, MA 01089$862,910
Grimaldi ConstructionGeneral Contractor84 ADAMS STREET, Agawam, MA 01020$554,163
Frank B Paige Plumbing & Heating INCPlumbing Contractor11 ROSEMONT STREET, East Longmeadow, MA 01028$418,096
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$36,947,204
Investment Income
$738,770
Other Revenue
$-148,880
Change in Net Assets
$6,704,333

Audited Revenue Reconciliation

Revenue per Audited Statements
$37,835,757
Revenue Not Reported on Financial Statements
$-298,663
Revenue Not Reported on Form 990
$321,257
Other Revenue Adjustments
$-298,663
Total Revenue per Audited Statements
$38,157,014
Total Revenue per Form 990
$37,537,094
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$23,356,205
Salaries, Compensation, and Employee Benefits$7,266,096
Grants and Similar Amounts Paid$210,460
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,325,432$761,395-$5,086,827
Depreciation Depletion$3,086,671--$3,086,671
All Other Expenses$2,221,581$275,697-$2,497,278
Advertising$1,747,282$35,789-$1,783,071
Other Expenses$1,302,288$515-$1,302,803
Office Expenses$1,208,514$42,988-$1,251,502
Current Officers, Directors, Trustees, and Key Employees$915,328$218,352-$1,133,680
Payroll Taxes$504,465$94,308-$598,773
Insurance$485,667--$485,667
Occupancy$477,142--$477,142
Pension Plan Contributions$263,458$49,253-$312,711
Grants to Domestic Orgs$176,110--$176,110
Other Employee Benefits$112,983$21,122-$134,105
Travel$102,992$29,100-$132,092
Interest-$120,439-$120,439
Fees for Services Management-$84,866-$84,866
Grants to Domestic Individuals$34,350--$34,350
Conferences and Meetings$26,725--$26,725
Total Functional Expenses$28,590,092$2,242,669$0$30,832,761

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$31,131,424
Expenses per Audited Statements$30,832,761
Total Expenses per Form 990$30,832,761
Expenses Not Reported on Form 990$298,663
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greater Springfield Convention and Visitors BureauSpringfield, MA501(c)(6)Exempt Purpose$20,000
Springfield Regional Chamber of CommerceSpringfield, MA501(c)(6)Exempt Purpose$7,500
St Patricks Committee of West SpringfieldWest Springfield, MA501(c)(3)Exempt Purpose$7,500
Hampden Country 4-h FairChicopee, MA501(c)(3)Exempt Purpose$0
Massachusetts Purebred Dairy Cattle AssociationHadley, MA501(c)(5)Exempt Purpose$0
New England Sheep and Wool Growers AssociationSouth Windsor, CT501(c)(5)Exempt Purpose$0
Northeast Poultry CongressNorth Branford, CT501(c)(5)Exempt Purpose$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ticket Receipts$241,605
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Ceo and director of finance review the 990, report to the administrative committee and the audit/finance committee and provide them with copies of the 990. The 990 is also available to board members at the board meeting for their perusal.

Form 990, Part VI, Section B, Line 12C

Officers, directors, trustees and key employees are required to sign a conflict of interest statement annually.

Form 990, Part VI, Section B, Line 15

The organization hires outside consultants to perform a salary survey periodically.

Form 990, Part VI, Section C, Line 19

The organization publishes an annual certified financial report which is provided to the town hall in west springfield and can obtain a copy of this report at the fair grounds.

Filing and Contact Details

Filer

Filer Name
Eastern States Exposition
EIN
04-2108354
Phone
4137372443
Address
1305 MEMORIAL AVENUE, WEST SPRINGFIELD, MA 01089

Signing Officer

Name
Eugene Cassidy
Title
President/CEO
Phone
4137372443
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eugene Cassidy
Formed
1923
Legal Domicile
Ma
Voting Board Members
18
Independent Board Members
17
Employees
934
Volunteers
2,305

Preparer

Firm
Wolf & Company Pc
Address
255 STATE STREET, BOSTON, MA 02109
Preparer
Michael J Rowe CPA
Phone
6174399700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There was no change in the oversight process or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

The exposition and the foundation are classified as section 501(c)(3) organizations (not private foundations) under the internal revenue code and as a result, are exempt from federal and state income taxes. However, income from certain activities not directly related to the organization's tax-exempt status is subject to taxation as unrelated business income. Stc is a for profit company subject to income taxation. The organization evaluates all significant tax positions as required by generally accepted accounting principles in the united states. As of december 31, 2024 the organization does not believe that it has taken any tax positions that would require the recording of any tax liability nor does it believe that there are any unrealized benefits. The organization's informational and income tax returns are subject to examination by the appropriate jurisdictions. The organization is currently open to audit under the applicable statutes of limitations by the internal revenue service for the years ended december 31, 2020 through 2024.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Storrowton tavern rental expenses -298,663.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Storrowton tavern rental expenses 298,663.

Raw XML AppendixShowing 400 of 889 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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