2024-09-12T16:16:31-07:00 2023-10-31 421139417 Brick Gentry PC 6701 Westown Parkway Ste 100 West Des Moines IA 50266 990 2022-11-01 421376689 IOWA STATE FAIR FOUNDATION IOWA 5152623111 PO Box 57130 Des Moines IA 50317 Peter Cownie Executive Director 5152623111 2024-09-13 1 1 Julie Vyskocil P01392480 5152715909 2024-09-13 2022 2024-08-08 14:25:15Z Iowa State Fair Blue Ribbon Foundation Peter Cownie PO Box 57130 Des Moines IA 50317 5319602 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 4 700 12946 12946 11915712 3831131 0 0 0 0 1364068 1488471 13279780 5319602 3404968 3428624 0 0 605572 633007 0 0 1146823 2045321 2419656 6055861 6481287 7223919 -1161685 20880199 22677711 4180071 7139268 16700128 15538443 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. 0 0 410681 0 0 Elwell Park Restrooms: construction of restrooms at Elwell Park. Elwell Park is used for dirt track and other outdoor events 3807011 0 0 The top program service project expense was itemized in Part II pursuant to instruction. The remaining program service expenditures consisted of promotion and advertising expense and smaller renovation and maintenance expenses to the State Fairgrounds. See Part IX for an itemization of other program services expenditures 0 0 0 4217692 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 4 1 4 1 1 1 0 0 0 0 1 1 0 0 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 Jessica Buchheit 5152623111 3000 Grand Avenue Des Moines IA 50317 Peter Cownie Executive Director 40 0 X X 219172 0 44880 Robin Taylor Assistant Director 40 0 X X 86853 0 31162 Jo Reynolds Director 0 0 X 0 0 0 Tennie Carlson Director 0 0 X 0 0 0 Darwin Gaudian President 0 0 X X 0 0 0 Alan Brown Director 0 0 X 0 0 0 Gary McConnel Director 0 0 X 0 0 0 Curtis Claeys Vice President 0 0 X X 0 0 0 John Harms Director 0 0 X 0 0 0 Deb Zumbach Secretary 0 0 X 0 0 0 Randy Brown Director 0 0 X 0 0 0 VerDon Schmidt Director 0 0 X 0 0 0 CW Thomas Director 0 0 X 0 0 0 Gary Van Aernam Director 0 0 X 0 0 0 Kim Reynolds Governor 0 0 X 0 0 0 Michael Naig Secretary of Agriculture 0 0 X 0 0 0 Wendy Wintersteen President of Iowa State University 0 0 X 0 0 0 Jeremy Parson Secretary 0 0 X X 0 0 0 306025 0 76042 1 0 1 0 Crystal Clear Water 3717 Delaware Avenue Des Moines IA 50313 Provide water for fairgoers 214679 1 0 0 870389 0 0 2960742 471262 3831131 0 0 0 0 0 870389 870389 0 870389 0 870389 618082 0 618082 605136 12946 0 0 5319602 605136 12946 870389 3428624 3428624 386096 0 193048 193048 246911 123455 123456 5701 0 5701 0 5500 0 5500 0 41250 0 0 41250 2064095 688032 688031 688032 118526 39508 39509 39509 64500 21500 21500 21500 7596 2532 2532 2532 Capital Improvements 112488 37496 37496 37496 6481287 4217692 1116772 1146823 10910509 11847873 6000000 4951147 3650314 5510850 33160 48712 0 0 0 0 0 0 286216 319129 0 0 20880199 22677711 22248 6020 507509 2159248 3650314 4974000 0 0 0 0 0 0 0 0 0 0 0 4180071 7139268 X 0 0 0 0 16700128 15538443 16700128 15538443 20880199 22677711 -1161685 0 0 0 0 0 X 1 X 0 0 0 X 9682505 8179591 2490358 5915712 2960742 29228908 0 0 0 0 0 0 0 0 0 0 0 0 9682505 8179591 2490358 5915712 2960742 29228908 10324285 18904623 25662 4126 3305 33160 48712 114965 5702 62347 19422 14144 12946 114561 0 0 0 0 0 0 29458434 0.64174 0.67558 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 41250 0 0 41250 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 1381562 171865 55137 0 0 9669 1598895 1578462 117079 -304848 0 0 9131 1381562 1235836 74845 276523 0 0 8742 1578462 915729 270773 55030 0 0 5696 1235836 749696 85120 85869 0 0 4956 915729 0 1 0 1 1 1 5319602 0 0 0 0 0 5319602 0 0 0 5319602 6481287 0 0 0 0 0 6481287 0 0 0 6481287 Schedule D, Part V, Line 4 An endowment trust to be used exclusively for the maintenance and improvement of the Iowa State Fairgrounds Corn Dog Kickoff and Bingo 1006983 0 1006983 0 0 0 0 0 136549 0 0 1006983 0 1006983 0 0 0 0 0 136549 136549 870434 1 Iowa State Fair Authority PO Box 57317 Des Moines IA 50317 466004573 Fair Authority 3428624 0 Cost Cost of capital improvements to the Iowa State Fairgrounds. During this fiscal year the funds were spent on adding restrooms to Elwell Park 0 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 219172 0 4028 0 0 0 900 0 43980 0 268080 0 0 0 Robin Taylor Assistant Director 86853 0 0 0 0 0 0 0 31162 0 118015 0 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 purpose. X Auction Donations, Supplies for Promotion Events 226 471262 Rental of Equipment, Value of Goods 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 an 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 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 1 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 An extension was filed prior to February 15, 2024, extending the deadline to file the return to September 15, 2024