Civic Intelligence

Wisconsin State Fair Park Foundation Inc.

990 • Fiscal year 2020 • EIN 39-1840248

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 13, 2021

640 S 84th StreetMilwaukee, WI 53214

(414) 259-4138

Siviq Scores

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

Liabilities / Assets

30th percentile

0.02x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.23x

Higher debt load relative to revenue than 62% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

7th percentile

-55%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

56th percentile

$73,177

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 72.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

24th percentile

-2.2%

Faster asset growth than 24% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-82%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,338,445

Down $29,857 (-2.2%) from 2019

Net Assets

Down

$1,315,262

Down $41,255 (-3.0%) from 2019

Liabilities

Up

$23,183

Up $11,398 (+97%) from 2019

Revenue

Down

$101,578

Down $478,295 (-82%) from 2019

Expenses

Down

$157,007

Down $223,302 (-59%) from 2019

Net Income

Down

-$55,429

Down $254,993 (-128%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $87,831Liabilities 2011: $75,407Net Assets 2011: $12,4242011Assets 2012: $91,620Liabilities 2012: $52,658Net Assets 2012: $38,9622012Assets 2013: $186,744Liabilities 2013: $12,387Net Assets 2013: $174,3572013Assets 2014: $257,708Liabilities 2014: $2,008Net Assets 2014: $255,7002014Assets 2015: $519,131Liabilities 2015: $2,008Net Assets 2015: $517,1232015Assets 2016: $602,455Liabilities 2016: $557Net Assets 2016: $601,8982016Assets 2017: $876,607Liabilities 2017: $7,615Net Assets 2017: $868,9922017Assets 2018: $1,138,588Liabilities 2018: $175Net Assets 2018: $1,138,4132018Assets 2019: $1,368,302Liabilities 2019: $11,785Net Assets 2019: $1,356,5172019Assets 2020: $1,338,445Liabilities 2020: $23,183Net Assets 2020: $1,315,2622020Assets 2021: $1,416,430Liabilities 2021: $15,611Net Assets 2021: $1,400,8192021Assets 2022: $1,488,210Liabilities 2022: $12,563Net Assets 2022: $1,475,6472022Assets 2023: $1,587,955Liabilities 2023: $11,316Net Assets 2023: $1,576,6392023Assets 2024: $1,587,907Liabilities 2024: $22,350Net Assets 2024: $1,565,5572024

Highlighted filing

2020

Assets$1,338,445
Liabilities$23,183
Net Assets$1,315,262

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $258,343Expenses 2011: $225,675Net Income 2011: $32,6682011Revenue 2012: $322,569Expenses 2012: $296,030Net Income 2012: $26,5392012Revenue 2013: $379,480Expenses 2013: $244,085Net Income 2013: $135,3952013Revenue 2014: $395,901Expenses 2014: $318,629Net Income 2014: $77,2722014Revenue 2015: $580,611Expenses 2015: $317,825Net Income 2015: $262,7862015Revenue 2016: $480,773Expenses 2016: $250,455Net Income 2016: $230,3182016Revenue 2017: $521,019Expenses 2017: $265,019Net Income 2017: $256,0002017Revenue 2018: $519,077Expenses 2018: $245,015Net Income 2018: $274,0622018Revenue 2019: $579,873Expenses 2019: $380,309Net Income 2019: $199,5642019Revenue 2020: $101,578Expenses 2020: $157,007Net Income 2020: -$55,4292020Revenue 2021: $333,770Expenses 2021: $270,507Net Income 2021: $63,2632021Revenue 2022: $356,496Expenses 2022: $258,234Net Income 2022: $98,2622022Revenue 2023: $556,599Expenses 2023: $475,075Net Income 2023: $81,5242023Revenue 2024: $662,669Expenses 2024: $694,791Net Income 2024: -$32,1222024

Highlighted filing

2020

Revenue$101,578
Expenses$157,007
Net Income-$55,429
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 13, 2021
Return Version
2020v4.1
Gross Receipts
$127,195
Mission and Program Overview

Mission

Preserve and enhance the Wisconsin State Fair Park and support agriculture education and arts programming tied to the fair.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,230,754$1,183,211▼ $47,543
Investments in Publicly Traded Securities$96,765$111,109▲ $14,344
Pledges and Grants Receivable$40,783$40,000▼ $783
Accounts Receivable-$4,125-
Total Assets$1,368,302$1,338,445▼ $29,857
Liabilities
Deferred Revenue$5,770$17,329▲ $11,559
Accounts Payable and Accrued Expenses$6,015$5,854▼ $161
Total Liabilities$11,785$23,183▲ $11,398
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,106,753$946,479▼ $160,274
Net Assets Without Donor Restrictions$249,764$368,783▲ $119,019
Total Net Assets Fund Balance$1,356,517$1,315,262▼ $41,255
Total Liabilities and Net Assets / Fund Balance$1,368,302$1,338,445▼ $29,857
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ann DeWeerdtExecutive DirectorFT$73,177$73,177

Board Members and Trustees

NameTitle
Mike WojciechowskiPast President
Dave HockPresident
Dan EliasVice President
Alison HanrahanBoard Member
Anthony StichBoard Member
Brice OsinskiBoard Member
Carrie PrangeBoard Member
Curt KluthBoard Member
James VillaBoard Member
JoAnne AntonBoard Member
John YinglingBoard Member
Kathleen O'LearyBoard Member
Kerry WolfeBoard Member
Lisa BittmanBoard Member
Tom BurmeisterBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$42,967
Program Service Revenue
$925
Investment Income
$5,150
Other Revenue
$52,536
All Other Contributions
$6,897
Change in Net Assets
$-55,429
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$78,775
Other Expenses$78,232
Total Fundraising Expense$15,013
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$58,542$10,976$3,659$73,177
Fees for Services Other$33,500--$33,500
Fees for Services Accounting-$10,950-$10,950
Advertising--$6,388$6,388
Office Expenses$3,934$582$1,682$6,198
Payroll Taxes$4,478$840$280$5,598
Fees for Services Legal$4,216--$4,216
Information Technology$2,129--$2,129
Insurance$1,690--$1,690
Other Expenses$1,065-$3,004$1,065
Travel$110--$110
Total Functional Expenses$118,646$23,348$15,013$157,007
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$77,061
Fundraising Direct Expenses$25,617
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$45,283$45,283$542$44,741
Cream Puff 5K$31,778$31,778$8,059$23,719
Total Events$77,061$77,061$25,617$51,444
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
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 Review The form 990 is reviewed by the treasurer and/or the finance committee.

Form 990, Part VI, Section C, Line 19

Documents made available to the public The governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Wisconsin State Fair Park Foundation
EIN
39-1840248
Phone
4142594138
Address
640 S 84th Street, Milwaukee, WI 53214

Signing Officer

Name
Anna DeWeerdt
Title
Executive Director
Signed
2021-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dave Hock
Formed
1995
Legal Domicile
Wi
Voting Board Members
13
Independent Board Members
13
Employees
1
Volunteers
20

Preparer

Firm
O'Leary & Anick
Address
11933 W Burleigh Street Ste 100, Wauwatosa, WI 53222
Preparer
Christine C Daws
Phone
4147740300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other Fees for Services - 29,500 spent to conduct a public opinion survey, and 4,000 Fairest of the Fair payment.

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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Contest/Artist Expenses
IRS990/OtherExpensesGrp/Desc1State Fair Incidentals - Bargain Book
IRS990/OtherExpensesGrp/Desc2Other/Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt03004
IRS990/OtherExpensesGrp/ProgramServicesAmt08982
IRS990/OtherExpensesGrp/ProgramServicesAmt11065
IRS990/OtherExpensesGrp/TotalAmt03004
IRS990/OtherExpensesGrp/TotalAmt18982
IRS990/OtherExpensesGrp/TotalAmt21065
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01092
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01092
IRS990/OtherRevenueTotalAmt01092
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03659
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010976
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt058542
IRS990/OtherSalariesAndWagesGrp/TotalAmt073177
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0280
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0840
IRS990/PayrollTaxesGrp/ProgramServicesAmt04478
IRS990/PayrollTaxesGrp/TotalAmt05598
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt040783
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt040000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Dave Hock
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Art Show
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0925
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0925
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0207087
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0232000
IRS990/PYInvestmentIncomeAmt02440
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0117566
IRS990/PYOtherRevenueAmt0132606
IRS990/PYProgramServiceRevenueAmt0237740
IRS990/PYRevenuesLessExpensesAmt0199564
IRS990/PYSalariesCompEmpBnftPaidAmt030743
IRS990/PYTotalExpensesAmt0380309
IRS990/PYTotalRevenueAmt0579873
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-55429
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0925
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt094411
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0334618
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0276245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0203439
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0127350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01036063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05150
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02440
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03404
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0500
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01172
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012666
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0926402
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01092
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05075
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0101625
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0123549
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0236341
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80620
IRS990ScheduleA/PublicSupportPY170Pct00.81410
IRS990ScheduleA/PublicSupportTotal170Amt01036063
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt094411
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0334618
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0276245
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0203439
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0127350
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01036063
IRS990ScheduleA/TotalSupportAmt01285070
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025617
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt06600
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt06600
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Outing
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Cream Puff 5K
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt07492
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt02924
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt010416
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt045283
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt031778
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt077061
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt045283
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt031778
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt077061
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt051444
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08601
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0542
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt08059
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 Review The form 990 is reviewed by the treasurer and/or the finance committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Documents made available to the public The governing documents and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Other Fees for Services - 29,500 spent to conduct a public opinion survey, and 4,000 Fairest of the Fair payment.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

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.$1.59$0.02$1.57$0.66$0.69$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.01$1.58$0.56$0.48$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.01$1.48$0.36$0.26$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.02$1.40$0.33$0.27$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.34$0.02$1.32$0.10$0.16$0.06
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.37$0.01$1.36$0.58$0.38$0.20
2018Summary only. Only limited summary data is available for this year.$1.14$0.00$1.14$0.52$0.25$0.27
2017Summary only. Only limited summary data is available for this year.$0.88$0.01$0.87$0.52$0.27$0.26
2016Summary only. Only limited summary data is available for this year.$0.60$0.00$0.60$0.48$0.25$0.23
2015Summary only. Only limited summary data is available for this year.$0.52$0.00$0.52$0.58$0.32$0.26
2014Summary only. Only limited summary data is available for this year.$0.26$0.00$0.26$0.40$0.32$0.08
2013Summary only. Only limited summary data is available for this year.$0.19$0.01$0.17$0.38$0.24$0.14
2012Summary only. Only limited summary data is available for this year.$0.09$0.05$0.04$0.32$0.30$0.03
2011Summary only. Only limited summary data is available for this year.$0.09$0.08$0.01$0.26$0.23$0.03