Civic Intelligence

Washington State Fair Foundation

990 • Fiscal year 2018 • EIN 26-1250496

Dec 01, 2017 to Nov 30, 2018 • Filed on Oct 14, 2019

110 - 9th Avenue SWPuyallup, WA 98371

(253) 847-5000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

29th percentile

0.02x

Higher debt load relative to revenue than 29% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

33rd percentile

-2.3%

Higher net margin than 33% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

92nd percentile

$240,151

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 14.8% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

27th percentile

-4.0%

Faster asset growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

92nd percentile

86%

Faster revenue growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$3,734,022

Down $154,757 (-4.0%) from 2017

Net Assets

Down

$3,693,940

Down $146,547 (-3.8%) from 2017

Liabilities

Down

$40,082

Down $8,210 (-17%) from 2017

Revenue

Up

$1,626,765

Up $752,128 (+86%) from 2017

Expenses

Up

$1,664,127

Up $1,205,409 (+263%) from 2017

Net Income

Down

-$37,362

Down $453,281 (-109%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $2,195,602Liabilities 2010: $34,860Net Assets 2010: $2,160,7422010Assets 2011: $2,261,172Liabilities 2011: $2,561Net Assets 2011: $2,258,6112011Assets 2012: $2,431,262Liabilities 2012: $0Net Assets 2012: $2,431,2622012Assets 2014: $2,853,913Liabilities 2014: $635Net Assets 2014: $2,853,2782014Assets 2015: $2,746,464Liabilities 2015: $0Net Assets 2015: $2,746,4642015Assets 2016: $3,150,650Liabilities 2016: $4,460Net Assets 2016: $3,146,1902016Assets 2017: $3,888,779Liabilities 2017: $48,292Net Assets 2017: $3,840,4872017Assets 2018: $3,734,022Liabilities 2018: $40,082Net Assets 2018: $3,693,9402018Assets 2019: $3,912,675Liabilities 2019: $36,891Net Assets 2019: $3,875,7842019Assets 2020: $4,198,111Liabilities 2020: $18,022Net Assets 2020: $4,180,0892020Assets 2021: $4,707,280Liabilities 2021: $22,609Net Assets 2021: $4,684,6712021Assets 2022: $4,002,176Liabilities 2022: $3,337Net Assets 2022: $3,998,8392022Assets 2023: $4,219,235Liabilities 2023: $55,267Net Assets 2023: $4,163,9682023Assets 2024: $4,790,020Liabilities 2024: $0Net Assets 2024: $4,790,0202024

Highlighted filing

2018

Assets$3,734,022
Liabilities$40,082
Net Assets$3,693,940

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $909,3382010Expenses 2011: $287,4932011Expenses 2012: $305,5562012Revenue 2014: $367,340Expenses 2014: $344,455Net Income 2014: $22,8852014Revenue 2015: $375,842Expenses 2015: $403,653Net Income 2015: -$27,8112015Revenue 2016: $690,642Expenses 2016: $275,869Net Income 2016: $414,7732016Revenue 2017: $874,637Expenses 2017: $458,718Net Income 2017: $415,9192017Revenue 2018: $1,626,765Expenses 2018: $1,664,127Net Income 2018: -$37,3622018Revenue 2019: $610,088Expenses 2019: $637,623Net Income 2019: -$27,5352019Revenue 2020: $470,404Expenses 2020: $519,199Net Income 2020: -$48,7952020Revenue 2021: $791,318Expenses 2021: $483,971Net Income 2021: $307,3472021Revenue 2022: $1,298,430Expenses 2022: $1,271,424Net Income 2022: $27,0062022Revenue 2023: $849,384Expenses 2023: $674,780Net Income 2023: $174,6042023Revenue 2024: $853,492Expenses 2024: $637,515Net Income 2024: $215,9772024

Highlighted filing

2018

Revenue$1,626,765
Expenses$1,664,127
Net Income-$37,362
Jump To
Filing Snapshot
Filing Period
Dec 1, 2017 to Nov 30, 2018
Signed
Oct 14, 2019
Return Version
2017v2.3
Gross Receipts
$1,795,702
Mission and Program Overview

Mission

The misson of the washington state fair foundation is to financially support the scholarship and educational programs of the washington state fair and to help preserve and improve the washington state fair for future generations.

The mission of the washington state fair foundation is to financially support the scholarship and educational programs of the washington state fair and to help preserve and improve the fair for future generations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,073,667$2,893,019▼ $180,648
Pledges and Grants Receivable$327,737$474,172▲ $146,435
Cash and Non-Interest-Bearing Accounts$427,948$195,956▼ $231,992
Savings and Temporary Cash Investments$43,665$149,337▲ $105,672
Land, Buildings, and Equipment, Net$13,027$18,217▲ $5,190
Inventories for Sale or Use$2,735$3,321▲ $586
Total Assets$3,888,779$3,734,022▼ $154,757
Liabilities
Accounts Payable and Accrued Expenses$48,292$40,082▼ $8,210
Total Liabilities$48,292$40,082▼ $8,210
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,550,787$3,506,918▼ $43,869
Unrestricted Net Assets$289,700$187,022▼ $102,678
Total Net Assets Fund Balance$3,840,487$3,693,940▼ $146,547
Total Liabilities and Net Assets / Fund Balance$3,888,779$3,734,022▼ $154,757

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,217-$18,217
Other Securities$2,893,019--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,712,585$187,999▲ $127,647-$1,635,839
2016$1,610,160-▲ $102,425-$1,712,585
2015$1,498,532-▲ $115,323-$1,610,160
2014$1,470,842$89,249▲ $96,984$62,878$1,498,532
2013$1,559,095$134,854▲ $75,351$101,624$1,470,842
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Renee McclainDirector, TreasurerPT$137,219$137,219
Michael NelsonDirector, Vice-presidentPT$17,000$17,000
Jerry LarsonDirector, PresidentPT$14,000$14,000

Board Members and Trustees

NameTitle
Brien ElvinsDirector
Clint AbsherDirector
Dale T MitchellDirector
Gary LarsonDirector
Jeff ChambersDirector
Jeff JewettDirector
Jeff McvickerDirector
Kristina Stambaugh-coonsDirector
Lisa GimmestadDirector
Lyn AndersonDirector
Mike EganDirector
Patti HogensonDirector
Kent HojemDirector, Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,467,027
Program Service Revenue
$0
Investment Income
$128,285
Other Revenue
$31,453
All Other Contributions
$1,201,359
Change in Net Assets
$-37,362

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$86,572Fair Market Value
Other Non Cash Contri Table178$80,862Fair Market Value
Total Noncash Contributions179$167,434-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,449,331
Revenue Not Reported on Financial Statements
$177,434
Revenue Not Reported on Form 990
$59,751
Other Revenue Adjustments
$177,434
Total Revenue per Audited Statements
$1,509,082
Total Revenue per Form 990
$1,626,765
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,382,410
Total Fundraising Expense$165,382
Salaries, Compensation, and Employee Benefits$157,246
Other Expenses$124,471
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,281,910--$1,281,910
Other Salaries and Wages-$52,927$96,572$149,499
Grants to Domestic Individuals$100,500--$100,500
Fees for Services Other$21,880-$68,810$90,690
Other Expenses$15,580$3,517-$19,097
Conferences and Meetings-$8,782-$8,782
Office Expenses-$5,902-$5,902
Payroll Taxes-$4,737-$4,737
Other Employee Benefits-$3,010-$3,010
Total Functional Expenses$1,419,870$78,875$165,382$1,664,127

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,664,127
Total Expenses per Audited Statements$1,655,629
Expenses per Audited Statements$1,486,693
Expenses Not Reported on Financial Statements$177,434
Other Expense Adjustments$177,434
Expenses Not Reported on Form 990$168,936
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Western Washington Fair AssociationPuyallup, WA501(c)(3)TO PROMOTE THE FOUNDATION'S MISSION THROUGH FAIR RELATED ACTIVITIES.$1,281,910
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$195,584
Fundraising Direct Expenses$168,937
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Round-up Auction$273,397$169,966$114,452$55,514
Rock the Roller Coaster$76,773$14,298$4,640$9,658
Total Events$364,680$195,584$168,937$26,647
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

The washington state fair foundation's form 990 is prepared by an independent accounting firm. Upon completion of the return, it is reviewed in detail by the organization's treasurer. A copy of the return is also available to each board member for his/her review.

Form 990, Part VI, Section C, Line 19

The washington state fair foundation makes its governing documents and financial statements available to the public upon request. The organization's form 990 is also available to the public upon request and is posted on guidestar's website.

Filing and Contact Details

Filer

Filer Name
Washington State Fair Foundation
EIN
26-1250496
Phone
2538475000
Address
110 - 9TH AVENUE SW, PUYALLUP, WA 98371

Signing Officer

Name
Kent Hojem
Title
Secretary
Phone
2538475000
Signed
2019-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerry Larson
Formed
2007
Legal Domicile
Wa
Voting Board Members
16
Independent Board Members
12
Employees
0
Volunteers
40

Preparer

Firm
Rsm US Llp
Address
1145 BROADWAY PLAZA SUITE 900, TACOMA, WA 98402-3523
Preparer
Christy Engelmann
Phone
2535727111
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

The washington state fair foundation funded the farm on the go. The farm on the go project complements the farm at sillyville. Farm on the go consists of equipment needed to run a farm such as a combine, tractor and truck. This farm equipment has been strategically placed throughout the farm at sillyville to promote education and show how these key items make a huge difference to our farmers and how they help to keep farms running. These items are on display with signage that gives kids the information why each piece of equipment is important in farming. The secondary educational thread is the careers in farming also include equipment manufacturers and the engineers that design the equipment. There are multiple educational pieces for these items.

FORM 990, PART V, LINE 2A:

Number of employees reported on form w-3: the foundation reimburses its related party for the compensation of its one employee. All payroll returns are filed by the related party.

FORM 990, PART XI, LINE 2C:

The washington state fair foundation undergoes an annual financial statement audit performed by an independent accounting firm. The audited financial statements are presented on a consolidated basis with the western washington fair association (related organization). The finance and budget/internal audit committee is responsible for the oversight of the financial statement audit, as well as the selection of an independent accounting firm.

Form 990, Schedule I, Part IV

Description of the washington state fair foundation's korum family art scholarship (first, second & third offered each year) this scholarship is intended to showcase the entire state of washington, and to encourage young artists in the pursuit of their artistic/educational growth. These scholarships are available to graduating seniors from the following area high schools: puyallup, rogers, emerald ridge, walker, cascade christian, sumner, bonney lake and orting. In addition these scholarishiop are available to any junior from the state of washington. The $2,500, the $1,500 and the $1,000 scholarships are intended to assist the recipients in pursuit of their artistic/educational goals. Applicants must use the scholarship in order to attend a college of his or her choice. Monies will be forwarded directly to the recipient's choice of educational institution. Only original flat and 3 dimensional work is eligible for judging. A selection committee at each high school will choose five candidates. These 40 candidates will compete for the three scholarships. The winners will be chosen by the korum family art scholarship selection committee. The first place piece will be auctioned at the annual washington state fair foundation roundup auction with the proceeds going to the washington state fair foundation's korum family art scholarship. Description of the washington state fair foundation's anderson criminal justice scholarship one scholarship will be awarded for $2,500 per year, up to two years, as long as the student is still in a criminal justice program when their major is declared: 1. Scholarship must be used in contiguous years. 2. The scholarship was designed to be flexible with regard to the recipient's choice of either a two or a four-year institution. 3. This scholarship is limited to washington state residents only and who are starting their post secondary education in the fall/autumn quarter. 4. Must attend a college in the state of washington. 5. An annual review by the washington state fair foundation scholarship committee will be made before renewal of the scholarship. Recipient must submit a transcript of prior year's grades by july 15th each year. This scholarship is intended to assist recipients in reaching their career goals. Applicants must use the scholarship monies to obtain training from a college, university or accredited trade or vocational school in washington state. The monies may be used for books and tuition only and will be paid directly to the institution or school. Description of the washington state fair foundation's anderson veterinary school scholarship one scholarship will be awarded to a third year veterinary school student attending washington state university with an emphasis in equine medicine. The scholarship is $2,500 per year for two years. 1. Must be used in contiguous years. 2. Is limited to students who graduated from a high school in washington state. 3. Must have documented financial need. 4. Is contingent on an annual review by the washington state fair foundation scholarship committee before renewal of the scholarship. Recipient must submit a transcript of prior year's grades by july 15th each year. The monies may be used for books and tuition only and will be paid directly to the institution or school. Description of the washington state fair foundation's college access program scholarships: the scholarship in the amount of $2,500, is intended for students participating, and demonstrating success, in two specific college access programs - college bound and trio talent search, both run by the metropolitan development council of tacoma. These programs are designed to support students who are typically considered to be in "underserved" populations. Description of the washington state fair foundation's absher family endowment scholarship: the scholarship in the amount of $2,500, is intended to to support of a local student who will attend the university of washington. The following guideli

Financial Statement Notes

PART V, LINE 4:

Support organization's charitable activities.

PART X, LINE 2:

No provision for income taxes has been made in the consolidated financial statements, since the association and the foundation are exempt from federal income taxes under provisions of internal revenue code section 501(c)(3). Additionally, the organization has done an assessment of any uncertain tax positions as required under fasb accounting standards codification asc 740, and has determined they currently have no uncertain tax benefits to record as a liability at november 30, 2018 and 2017. The association and the foundation file forms 990 and 990-t, if applicable, which are subject to examination by the internal revenue service up to three years from the extended due date of each return. The association and the foundation's forms 990 and 990-t, if applicable, are no longer subject to examination for the fiscal years ended november 30, 2015 and prior.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses 168,936.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Unreimbursed expenses paid by wwfa on wa state fair fdn's behalf 86,572. Non-cash auction contributions 80,862. Contribution eliminated in consolidation from wwfa 10,000.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses 168,936.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Non-cash auction contributions 80,862. Unreimbursed expenses paid by wwfa on wa state fair fdn's behalf 86,572. Contribution eliminated in consolidation from wwfa 10,000.

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IRS990/Form990PartVIISectionAGrp/PersonNm10LISA GIMMESTAD
IRS990/Form990PartVIISectionAGrp/PersonNm11LYN ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm12MIKE EGAN
IRS990/Form990PartVIISectionAGrp/PersonNm13PATTI HOGENSON
IRS990/Form990PartVIISectionAGrp/PersonNm14CLINT ABSHER
IRS990/Form990PartVIISectionAGrp/PersonNm15JEFF CHAMBERS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0219642
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1129012
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt217000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt314000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR, SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR, TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR, VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR, PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0169096
IRS990/FundraisingDirectExpensesAmt0168937
IRS990/FundraisingGrossIncomeAmt0195584
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt0100500
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0100500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0100500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01281910
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01281910
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01795702
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02735
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03321
IRS990/InvestmentIncomeGrp/ExclusionAmt0128285
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0128285
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03073667
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02893019
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013027
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018217
IRS990/LandBldgEquipCostOrOtherBssAmt018217
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE WASHINGTON STATE FAIR FOUNDATION IS TO FINANCIALLY SUPPORT THE SCHOLARSHIP AND EDUCATIONAL PROGRAMS OF THE WASHINGTON STATE FAIR AND TO HELP PRESERVE AND IMPROVE THE WASHINGTON STATE FAIR FOR FUTURE GENERATIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03840487
IRS990/NetAssetsOrFundBalancesEOYAmt03693940
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt026647
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt026647
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-109185
IRS990/NoncashContributionsAmt0169024
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05902
IRS990/OfficeExpensesGrp/TotalAmt05902
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03010
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03010
IRS990/OtherExpensesGrp/Desc0OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03517
IRS990/OtherExpensesGrp/ProgramServicesAmt015580
IRS990/OtherExpensesGrp/TotalAmt019097
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04806
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04806
IRS990/OtherRevenueTotalAmt04806
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt096572
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt052927
IRS990/OtherSalariesAndWagesGrp/TotalAmt0149499
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04737
IRS990/PayrollTaxesGrp/TotalAmt04737
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0327737
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0474172
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JERRY LARSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION SUPPORTS THE OPERATION OF THE WASHINGTON STATE FAIR'S TRAVELING FARM, WHICH BRINGS AGRICULTUAL EDUCATION, NUTRITIONAL AWARENESS, AND AN APPRECIATION FOR THE ROLE OF FARMING TO YOUNG CHILDREN IN A FIELD TRIP EXPERIENCE AT THEIR SCHOOL CAMPUS. THE TRAVELING FARM VISITS SCHOOLS WITH LIVE ANIMALS AND INTERACTIVE, EDUCATIONAL EXHIBITS AT NO COST TO SCHOOLS, TEACHERS OR FAMILIES. ANNUALLY, THE TRAVELING FARM VISITS AN AVERAGE OF 10,000 STUDENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt050000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt050000
IRS990/ProgSrvcAccomActy3Grp/Desc0THE WASHINGTON STATE FAIR FOUNDATION FUNDED THE FARM ON THE GO. THE FARM ON THE GO PROJECT, COMPLEMENTS THE FARM AT SILLYVILLE. FARM ON THE GO CONSISTS OF EQUIPMENT NEEDED TO RUN A FARM SUCH AS A COMBINE, TRACTOR AND TRUCK. THIS FARM EQUIPMENT HAS BEEN STRATEGICALLY PLACED THROUGHOUT THE FARM AT SILLYVILLE TO PROMOTE EDUCATION AND SHOW HOW THESE KEY ITEMS MAKE A HUGE DIFFERENCE TO OUR FARMERS AND HOW THEY HELP TO KEEP FARMS RUNNING. THESE ITEMS ARE ON DISPLAY WITH SIGNAGE THAT GIVES KIDS THE INFORMATION WHY EACH PIECE OF EQUIPMENT IS IMPORTANT IN FARMING. THE SECONDARY EDUCATIONAL THREAD IS THE CAREERS IN FARMING ALSO INCLUDE EQUIPMENT MANUFACTURERS AND THE ENGINEERS THAT DESIGN THE EQUIPMENT. THERE ARE MULTIPLE EDUCATIONAL PIECES FOR THESE ITEMS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01231910
IRS990/ProgSrvcAccomActy3Grp/GrantAmt01231910
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE WASHINGTON STATE FAIR FOUNDATION INCURS AND RECOGNIZES MISCELLANEOUS EXPENSES AND REVENUES TO SUPPORT THE OPERATION OF ACTIVITIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt037460
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0762115
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0241422
IRS990/PYInvestmentIncomeAmt0102438
IRS990/PYOtherExpensesAmt085390
IRS990/PYOtherRevenueAmt010084
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0415919
IRS990/PYSalariesCompEmpBnftPaidAmt0131906
IRS990/PYTotalExpensesAmt0458718
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0874637
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-37362
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt096572
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt043665
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0149337
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01467027
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0762115
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0574811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0286621
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0307630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03398204
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0128285
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0102438
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0115259
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt096996
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt075372
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0518350
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86770
IRS990ScheduleA/PublicSupportPY170Pct00.83650
IRS990ScheduleA/PublicSupportTotal170Amt03398204
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01467027
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0762115
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0574811
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0286621
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0307630
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03398204
IRS990ScheduleA/TotalSupportAmt03916554
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.51000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0154445
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01712585
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0187999
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01635839
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0237947
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0127647
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01610160
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01712585
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0102425
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt03695
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01498532
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01610160
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0115323
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01470842
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt089249
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01498532
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt095665
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt096984
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt062878
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt02293
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01559095
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0134854
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01470842
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0194541
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt075351
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0101624
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt018217
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018217
IRS990ScheduleD/ExpensesNotReportedAmt0168936
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0177434
IRS990ScheduleD/ExpensesSubtotalAmt01486693
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-109185
IRS990ScheduleD/OtherExpensesIncludedAmt0168936
IRS990ScheduleD/OtherExpensesNotIncludedAmt0177434
IRS990ScheduleD/OtherRevenueAmt0168936
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0177434
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02893019
IRS990ScheduleD/OtherSecuritiesGrp/Desc0SCHOLARSHIP INVESTMENT FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.49000
IRS990ScheduleD/RevenueNotReportedAmt059751
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0177434
IRS990ScheduleD/RevenueSubtotalAmt01449331
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SUPPORT ORGANIZATION'S CHARITABLE ACTIVITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS, SINCE THE ASSOCIATION AND THE FOUNDATION ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). ADDITIONALLY, THE ORGANIZATION HAS DONE AN ASSESSMENT OF ANY UNCERTAIN TAX POSITIONS AS REQUIRED UNDER FASB ACCOUNTING STANDARDS CODIFICATION ASC 740, AND HAS DETERMINED THEY CURRENTLY HAVE NO UNCERTAIN TAX BENEFITS TO RECORD AS A LIABILITY AT NOVEMBER 30, 2018 AND 2017. THE ASSOCIATION AND THE FOUNDATION FILE FORMS 990 AND 990-T, IF APPLICABLE, WHICH ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. THE ASSOCIATION AND THE FOUNDATION'S FORMS 990 AND 990-T, IF APPLICABLE, ARE NO LONGER SUBJECT TO EXAMINATION FOR THE FISCAL YEARS ENDED NOVEMBER 30, 2015 AND PRIOR.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENT EXPENSES 168,936.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3UNREIMBURSED EXPENSES PAID BY WWFA ON WA STATE FAIR FDN'S BEHALF 86,572. NON-CASH AUCTION CONTRIBUTIONS 80,862. CONTRIBUTION ELIMINATED IN CONSOLIDATION FROM WWFA 10,000.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4SPECIAL EVENT EXPENSES 168,936.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt5NON-CASH AUCTION CONTRIBUTIONS 80,862. UNREIMBURSED EXPENSES PAID BY WWFA ON WA STATE FAIR FDN'S BEHALF 86,572. CONTRIBUTION ELIMINATED IN CONSOLIDATION FROM WWFA 10,000.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 4B - OTHER ADJUSTMENTS:

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.79$0.00$4.79$0.85$0.64$0.22
2023Detailed filing. Detailed filing data is available for this year.$4.22$0.06$4.16$0.85$0.67$0.17
2022Detailed filing. Detailed filing data is available for this year.$4.00$0.00$4.00$1.30$1.27$0.03
2021Detailed filing. Detailed filing data is available for this year.$4.71$0.02$4.68$0.79$0.48$0.31
2020Detailed filing. Detailed filing data is available for this year.$4.20$0.02$4.18$0.47$0.52$0.05
2019Detailed filing. Detailed filing data is available for this year.$3.91$0.04$3.88$0.61$0.64$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.73$0.04$3.69$1.63$1.66$0.04
2017Detailed filing. Detailed filing data is available for this year.$3.89$0.05$3.84$0.87$0.46$0.42
2016Detailed filing. Detailed filing data is available for this year.$3.15$0.00$3.15$0.69$0.28$0.41
2015Detailed filing. Detailed filing data is available for this year.$2.75$0.00$2.75$0.38$0.40$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$0.37$0.34$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.00$2.43$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.26$0.00$2.26$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$0.03$2.16$0.91