Nonprofit · EIN 41-6040681
SHERBURNE COUNTY AGRICULTURAL SOCIETY
Tax-exempt · ELK RIVER, MN 55330
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2024 | 990 | $271,984 | $259,071 | $12,913 | $57,324 | $11,252 | $46,072 |
| September 30, 2023 | 990 | $228,642 | $258,647 | -$30,005 | $47,033 | $13,874 | $33,159 |
Financial details: 990 for the year ended September 30, 2024
Revenue
- Contributions, gifts and grants
- $63,264
- of which government grants
- $57,345
- Program service revenue
- $160,837
- Investment income
- $318
- Net rental income
- $47,565
- Other revenue
- $47,565
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $7,390
- Depreciation
- $3,278
- Program services (functional)
- $254,236
- Management and general (functional)
- $4,835
Balance sheet and other
- Total assets, start of year
- $47,033
- Total assets, end of year
- $57,324
- Total liabilities, end of year
- $11,252
- Net assets, end of year
- $46,072
- Land, buildings and equipment
- $15,930
- Net assets without donor restrictions
- $46,072
- Gross unrelated business income
- $28,037
- Gross receipts
- $277,142
- Employees
- 0
- Volunteers
- 103
- Year formed
- 1889
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNI AXELSON | PRESIDENT Officer | 60 | $0 |
| GINA FINICAL | SECRETARY Officer | 1 | $0 |
| STEVE FOOTE | TREASURER Officer | 12 | $0 |
| NICK PAINE | VICE PRESIDE Officer | 5 | $0 |
990 for the year ended September 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNI AXELSON | PRESIDENT Officer | 34 | $0 |
| GINA FINICAL | SECRETARY Officer | 5 | $0 |
| STEVE FOOTE | TREASURER Officer | 11 | $0 |
| NICK PAINE | VICE PRESIDE Officer | 6 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2, ELK RIVER, MN 55330-0002
- Principal officer (990 for 2023)
- JENNI AXELSON, PO BOX 2, ELK RIVER, MN 55330
- Signed the 990
- STEVE FOOTE, TREASURER
- Phone
- (763) 568-0167
- Website
- SHERBURNECOUNTYFAIR.ORG
- Return prepared by
- HAGA KOMMER LTD
Mission
TO CONDUCT THE ANNUAL FAIR FOR THE EXHIBITION OF LIVESTOCK, AND ALL AGRICULTURAL, MECHANICAL AND WORKS OF ART LOCALLY.
Program accomplishments
- THE 2024 SHERBURNE COUNTY FAIR WAS HELD OVER THE COURSE OF FOUR DAYS IN JULY. 16,284 INDIVIDUALS ATTENDED THE FAIR.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | Not on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 41-6040681
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1944
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $57,324
- Income (IRS master file)
- $277,142
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2024 | $271,984 | $259,071 | $57,324 | XML |
| 990 | September 2023 | $228,642 | $258,647 | $47,033 | XML |
| 990 | September 2022 | $228,807 | $248,730 | $65,886 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-6040681).
Questions about SHERBURNE COUNTY AGRICULTURAL SOCIETY
- What is the EIN of SHERBURNE COUNTY AGRICULTURAL SOCIETY?
- The employer identification number (EIN) of SHERBURNE COUNTY AGRICULTURAL SOCIETY is 41-6040681.
- Is SHERBURNE COUNTY AGRICULTURAL SOCIETY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1944.
- Are donations to SHERBURNE COUNTY AGRICULTURAL SOCIETY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SHERBURNE COUNTY AGRICULTURAL SOCIETY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SHERBURNE COUNTY AGRICULTURAL SOCIETY due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHERBURNE COUNTY AGRICULTURAL SOCIETY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2024.
- Who is the principal officer of SHERBURNE COUNTY AGRICULTURAL SOCIETY?
- The 990 for the year ended September 30, 2024 names JENNI AXELSON.
- Who are the officers and directors of SHERBURNE COUNTY AGRICULTURAL SOCIETY?
- The 990 for the year ended September 30, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does SHERBURNE COUNTY AGRICULTURAL SOCIETY have?
- On its 990 for the year ended September 30, 2024 it reported revenue of $271,984, expenses of $259,071 and total assets of $57,324 at year end.
Other nonprofits in ELK RIVER
- EVANS PARK INC EIN 41-1542976 · last filed 990 for 2025
- GUARDIAN ANGELS HEALTH SERVICES INC EIN 41-0858938 · last filed 990 for 2025
- GUARDIAN ANGELS ELIM HOME CARE INC EIN 41-1852308 · last filed 990 for 2025
- SPECTRUM HIGH SCHOOL EIN 37-1518372 · last filed 990 for 2025
- GUARDIAN ANGELS OF ELK RIVER INC EIN 41-1459252 · last filed 990 for 2025
- COMMUNITY AID OF ELK RIVER EIN 41-1415484 · last filed 990 for 2024
- ELK RIVER FIRE & AMBULANCE SERVICE EIN 41-1593808 · last filed 990 for 2025
- SPECTRUM BUILDING COMPANY EIN 26-0425207 · last filed 990 for 2025