Martin County Fair FY2022 filing

Tax-deductible

Fairmont, MN501(c)(3)Recreation & SportsEIN 41-2017823Revenue $597K in FY2022

On file with the IRSPo Box 270, 56031-0270 · Fairmont, MNTax-exempt since Nov 2001Publicly supported — 509(a)(2)

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Sponsoring annual County Fair and provide venue for 4-h and other agriculteral exhibitors.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$14K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990-TIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-T
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $55K a year · 12% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$14K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
18 mo
of spending, in cash
Looks good: 17.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$9K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$597K
+21% vs prior year
Spent
$415K
To programs
100%
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$597K
FY2022▲ +21%
Tap a bar for its year
Revenue by fiscal year
FY2020$120K
FY2021$494K
FY2022$597K
FY2023$541K
FY2024$533K
FY2025$585K
Expenses
$415K
FY2022▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2020$156K
FY2021$444K
FY2022$415K
FY2023$499K
FY2024$497K
FY2025$528K
Net assets
$1.4M
FY2022▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$1.4M
FY2023$1.4M
FY2024$1.4M
FY2025$1.5M

From the FY2022 Form 990 (year ending September 2022) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $415K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990-T; $14K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$960Pt VII · Sec A
Vice Preside
$960Pt VII · Sec A
Board Member
$960Pt VII · Sec A
Board Member
$960Pt VII · Sec A
Board Member
$960Pt VII · Sec A
Board Memebe
$960Pt VII · Sec A
Board Member
$940Pt VII · Sec A
Board Member
$940Pt VII · Sec A

Randy Deling’s $940 as Board Memebe is at the 2nd percentile of top reported officer pay among 1017 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lisa Stromberg$920$900$940$960$880—
Randy Deling$940$900$960$940$860$610
Steve Pomerenke$880$940$940$960$900$590
Robbin Celander$900$900$960$920$900$590
Brad Sherman$920$960$960$960$900$590
Nate Amborn$920$940$940$960$700—
Jim Kain—$940$940$960$900$570
Tracy Richardson——$940$960$900$570

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Martin County Fair executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Sponsors an annual county fair, providing a venue for agricultural exhibitors.

Questions for Martin County Fair

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Provided by the organization

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1 program · in their own filed words · FY2021
01

Operations of storage rental so there continues to be activity at the fair grounds and the buildings get used. The income is used to improve the fair grounds and buildings to keep the fair a great attraction for martin county.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$597K
Gifts and grants$223K
Fees for services$192K
Other income$147K
Money out
$415K
Programs$415K
Owns and owes
$1.4M
net assets
Cash and savings$610K
Total assets$1.4M
Liabilities$9K
People
15
listed
Paid15
Voting board15
Independent15
2In more detail
Revenue in detail
Gifts and grants$223K
Government grants$34K
Fees for services$192K
Investment income$35K
Other income$147K
Total revenue$597K
Assets in detailEnd of year
Cash and savings together$610K
Total assets$1.4M
Liabilities$9K
Net assets$1.4M
Operations
Employees3
Fiscal year endsSeptember
Conflict-of-interest policyNo
Whistleblower policyNo
Records policyNo

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $585K$528K$58K$1.5M 990 PDF
FY2024 $533K$497K$36K$1.4M 990 PDF
FY2023 $541K$499K$41K$1.4M 990 PDF
FY2022 Viewing $597K$415K$182K$1.4M 990 PDF
FY2021 $494K$444K$49K$1.2M 990 PDF
FY2020 $120K$156K−$37K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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