2022-09-09T17:01:39-07:00 2021-10-31 421139417 Brick Gentry PC 6701 Westown Parkway Ste 100 West Des Moines IA 50266 990 2020-11-01 421376689 IOWA STATE FAIR FOUNDATION IOWA 5152623111 PO Box 57130 Des Moines IA 50317 Peter Cownie Executive Director 5152623111 2022-09-09 1 Julie Vyskocil P01392480 5152715909 2022-08-01 1 11 0 AAL2 X 2020 2023-04-26 12:10:37Z Peter Cownie PO Box 57130 Des Moines IA 50317 3696289 0 X www.blueribbonfoundation.org X Institution of Government 1991 IA 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 15 15 3 700 19422 19422 8179591 2490358 0 0 12754 39987 210772 1095992 8403117 3626337 11911261 3079180 0 0 457948 460633 0 0 790384 515973 2068859 12885182 5608672 -4482065 -1982335 11002682 11154654 1646797 1678445 9355885 9476209 Raise funds for renovation and preservation of the historic Iowa State Fairgrounds by soliciting gifts, donations, bequests and grants to help finance infrastructure projects to guarantee the Fair continues to be Iowa's great celebration, a salute to the state's best in ag, industry, entertainment and achievement. Since its inception, the Foundation has raised over $153 million for renovations and improvements to the Iowa State Fairgrounds. 0 0 400000 0 0 The Giant Slide attraction was moved to a more convenient location North of the FFA buildings. The attraction was completely renovated repainted and placed on an all-new structure with color changing LED lighting accents. 517638 0 0 There was a new Hospitality Pavilion structure built east of the livestock pavilion. This structure will provide a location to hold fundraising events throughout the year. 2044197 0 0 A new attraction was completed and labeled as the NW Events Arena/Elwell Park. Tractor pulls, and other dirt track events will be held there in the future. 920979 0 0 The top three program service expenses were itemized in Part II pursuant to instructions. The remaining program service expenditures consisted of promotion and advertising expense, salaries and other smaller renovations and maintenance expenses to the Iowa State Fairgrounds. See Part IX for itemization of other program service expenditures 920979 0 0 3882814 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 338 3 1 3 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 IA X Jackie Ackerman 5152623111 3000 Grand Avenue Des Moines IA 50317 Peter Cownie Executive Director 40 1 X X X 190933 0 39382 Robin Taylor Assistant Director 40 0 X 75796 0 27100 Dave Hoffman Director 1 0 X 0 0 0 Tennie Carlson President 1 0 X X 0 0 0 Darwin Gaudian Vice President 1 0 X X 0 0 0 Alan Brown Director 1 0 X 0 0 0 Gary McConnel Director 1 0 X 0 0 0 Curtis Claeys Treasurer 1 0 X 0 0 0 John Harms Director 1 0 X 0 0 0 Deb Zumbach Director 1 0 X 0 0 0 Randy Brown Director 1 0 X 0 0 0 Jerry Parkin Director 1 0 X 0 0 0 CW Thomas Director 1 0 X 0 0 0 Gary Van Aernam Director 1 0 X 0 0 0 Kim Reynolds Governor 1 0 X 0 0 0 Michael Naig Secretary of Agriculture 1 0 X 0 0 0 Wendy Wintersteen President of Iowa State University 1 0 X 0 0 0 Gary Slater Secretary 1 0 X 0 0 0 266729 0 66482 2 0 1 0 Crystal Clear Water 3717 Delaware Avenue Des Moines IA 50313 Provide water for fairgoers 156522 1 0 0 0 0 0 2490358 267457 2490358 0 39987 39987 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 756352 0 69952 686400 0 686400 0 0 0 0 0 0 409592 0 409592 390170 19422 0 0 0 0 0 0 3626337 430157 19422 686400 3079180 3079180 190933 0 95466 95467 158823 52941 52941 52941 29688 9896 9896 9896 58296 19432 19432 19432 22893 7631 7631 7631 5596 0 5596 0 5100 0 5100 0 75000 0 0 75000 20000 0 10000 10000 1300013 433338 433338 433337 152406 50802 50802 50802 40701 13567 13567 13567 4658 0 4658 0 Capital Improvements 57699 19233 19233 19233 Audit Preparation 11019 0 11019 0 Volunteer Expenses (Meals) 9234 3078 3078 3078 Reversion to State of Iowa of Unused Appropriation 387433 193716 193717 0 5608672 3882814 935474 790384 9117924 9817975 431630 44198 1186875 1041800 4126 3305 0 0 0 0 0 0 262127 247376 0 0 0 0 0 0 0 0 0 0 0 0 0 11002682 11154654 14195 15993 545727 720652 1086875 941800 0 0 0 0 0 0 0 0 0 0 0 1646797 1678445 X 0 0 0 0 9355885 9476209 9355885 9476209 11002682 11154654 -1982335 2102659 0 0 0 0 X 1 X 1 X 0 0 X 5467596 12659864 9682505 8179591 2490358 38479914 0 0 0 0 0 0 0 0 0 0 0 0 5467596 12659864 9682505 8179591 2490358 38479914 8541680 29938234 26797 15709 25662 4126 3305 75599 7608 8366 5702 62347 19422 103445 0 0 0 0 0 38658958 0 0.77442 0.76840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 75000 0 0 75000 0 Schedule C, Part II-B, Line 1 Staff and key employees communicate with and have direct contact with legislators regarding a potential state appropriation 1235836 74845 276523 0 0 8742 1578462 915729 270773 55030 0 0 5696 1235836 749696 85120 85869 0 0 4956 915729 577690 181863 -5730 0 0 4127 749696 438540 104540 37982 0 0 3348 577714 0 1 0 1 1 1 5730416 2104079 0 0 0 2104079 3626337 0 0 0 3626337 5608672 0 0 0 0 0 5608672 0 0 0 5608672 Schedule D, Part V, Line 4 An endowment trust to be used exclusively for the maintenance and improvement of the Iowa State Fairgrounds Corndog Kickoff and Bingo 756352 0 756352 0 0 0 0 0 69952 0 0 756352 0 756352 0 0 0 0 0 69952 69952 686400 1 Iowa State Fair Authority PO Box 57130 Des Moines IA 50317 466004573 Fair Authority 3079180 Cost Cost of capital improvements to the Iowa State Fairgrounds. The following projects were completed during the fiscal reporting year: giant slide attraction moved and renovated, new Hospitality Pavilion built and a new attraction was completed and labeled as the NW Events Arena/Elwell Park 1 0 Schedule I, Part I, Line 2 The organizations share the same board of directors so the board is apprised of how the grant money is used X 1 1 X X 0 0 0 0 0 0 0 0 0 Peter Cownie Executive Director 190933 0 0 0 3586 0 900 0 38482 0 233901 0 0 Schedule J, Part I, Line 1a A membership to the Embassy Club is purchased for Peter Cownie as Executive Director of the Foundation in order to use the venue for donor meetings and other meetings related to the tax exempt purposes of the foundation X 2655 Value of Advertising X 18 51518 Value of Goods X Equipment 3 135934 Value of Equipment Provided X Auction Items Donated 140 71899 Value of Items Donated 0 0 0 0 Form 990, Part VI, Section B, Line 11b The Foundation delivers a copy of the Form 990 to all its Directors prior to filing the form with the IRS Form 990, Part VI, Section B, Line 12b Each Director completes and annual disclosure statement disclosing potential conflicts and business relationships Form 990, Part VI, Section B, Line 12c Each director completes an annual disclosure statement disclosing potential conflicts of interest and business relationships Form 990, Part VI, Section B, Line 15 The Executive Director's compensation is determined pursuant to a written compensation policy Form 990, Part VI, Section C, Line 19 The Foundation's governing documents, its form 1023 and its most recent Form 990 and 990-T are made available at the Foundation office upon request. There will be a copying charge in the amount of the actual cost incurred. Iowa State Fair Authority PO Box 57130 Des Moines IA 50317 466004573 Operate Iowa State Fair IA Government Government N/A 0 Iowa State Fairgrounds Trust PO Box 57130 Des Moines IA 50317 376570972 Endowment Fund IA 4947(a) (c)(3) N/A 0 Iowa State Fairgrounds Trust PO Box 57130 Des Moines IA 50317 376570972 Endowment Fund IA Same Board of Directors as Iowa State Fairgrounds Foundation T 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 Iowa State Fair Authority b 3079180 Cash Iowa State Fair Authority c 0 Iowa State Fair Authority provides the Foundation rent-free office space at the fairgrounds Iowa State Fair Authority l 2490358 The Iowa State Fair Authority, Foundation and Trust all share fundraising resources with each other. All three entities are administered by the same board Iowa State Fair Authority n 0 One Fair Board employee is given office space in the Foundation Office Taxpayer applied for an extension that was mailed via certified mail February 15, 2022