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Nonprofit · EIN 46-0425814

SOUTH DAKOTA STATE FAIR FOUNDATION

Tax-exempt · HURON, SD 57350

Financials

$1.6M$5.3M2023$2M$730K2024
Revenue Expenses · by fiscal year end
Financials of SOUTH DAKOTA STATE FAIR FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,024,220$730,061$1,294,159$2,486,479$0$2,486,479
December 31, 2023990$1,553,389$5,277,792-$3,724,403$1,195,022$0$1,195,022
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,986,465
Program service revenue
$0
Investment income
$37,505
Net gain from sales of assets
$362
Other revenue
$250

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$729,922
Management and general (functional)
$139

Balance sheet and other

Total assets, start of year
$1,195,022
Total assets, end of year
$2,486,479
Total liabilities, end of year
$0
Net assets, end of year
$2,486,479
Publicly traded securities
$5,208
Net assets without donor restrictions
$2,486,479
Gross receipts
$2,756,698
Employees
0
Year formed
1994
State of legal domicile
SD

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RITA ANDERSONDIRECTOR
Trustee or director
1$0
JUSTIN BELLDIRECTOR
Trustee or director
1$0
SCOTT CORDTSTREASURER
Trustee or director, Officer
1$0
RODNEY FREEMANVICE CHAIR
Trustee or director, Officer
1$0
SHERMAN GOSEDIRECTOR
Trustee or director
1$0
BARRY MACKCHAIRMAN
Trustee or director, Officer
1$0
DENISE MUNTEFERINGDIRECTOR
Trustee or director
1$0
FARON WAHLDIRECTOR
Trustee or director
1$0
JIM WHITEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
RITA ANDERSONDIRECTOR
Trustee or director
1$0
JUSTIN BELLDIRECTOR
Trustee or director
1$0
SCOTT CORDTSTREASURER
Trustee or director, Officer
1$0
RODNEY FREEMANVICE CHAIR
Trustee or director, Officer
1$0
SHERMAN GOSEDIRECTOR
Trustee or director
1$0
BARRY MACKCHAIRMAN
Trustee or director, Officer
1$0
DENISE MUNTEFERINGDIRECTOR
Trustee or director
1$0
FARON WAHLDIRECTOR
Trustee or director
1$0
JIM WHITEDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1060 3RD ST SW, HURON, SD 57350-1720
In care of
% SUSAN HAYWARD
Mailing address (990-N for 2012)
890 Third St SW, Huron SD 57350
Principal officer (990 for 2024)
PEGGY BESCH
Principal officer (990-N for 2012)
Jerome Hertel, 890 Third St Sw, Huron SD 57350
Signed the 990
PEGGY BESCH, SD STATE FAIR MANAGE
Phone
(605) 353-7340
Return prepared by
SNOW HUETHER & COYLE

Mission

TO SUPPORT ACTIVITIES DESIGNED TO ENHANCE, IMPROVE, EXPAND AND CONTINUE THE SOUTH DAKOTA STATE FAIR AS AN AGRICULTURAL, EDUCATIONAL, DEVELOPMENTAL AND ENTERTAINMENT VENUE IN THE STATE

990 for the year ended December 31, 2024

Program accomplishments

  • EXPENDITURES TO BRING GIFTS TOGETHER FOR A CAPITAL BUILDING CAMPAIGN - NEW 4-H BUILDING TO ENHANCE THE ACTIVITIES AT THE SD STATE FAIRGROUNDS.
    Expenses $729,922

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0425814
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,486,479
Income (IRS master file)
$2,756,698

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,024,220$730,061$2,486,479XML
990December 2023$1,553,389$5,277,792$1,195,022XML
990December 2022$1,957,283$14,385$4,919,425IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS
990-N for 2012
Officer: Jerome Hertel
December 31, 2012≤ $50,000 receipts––e-Postcard

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 46-0425814).

Questions about SOUTH DAKOTA STATE FAIR FOUNDATION

What is the EIN of SOUTH DAKOTA STATE FAIR FOUNDATION?
The employer identification number (EIN) of SOUTH DAKOTA STATE FAIR FOUNDATION is 46-0425814.
Is SOUTH DAKOTA STATE FAIR FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to SOUTH DAKOTA STATE FAIR FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTH DAKOTA STATE FAIR FOUNDATION 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 SOUTH DAKOTA STATE FAIR FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTH DAKOTA STATE FAIR FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SOUTH DAKOTA STATE FAIR FOUNDATION?
The 990 for the year ended December 31, 2024 names PEGGY BESCH.
Who are the officers and directors of SOUTH DAKOTA STATE FAIR FOUNDATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does SOUTH DAKOTA STATE FAIR FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,024,220, expenses of $730,061 and total assets of $2,486,479 at year end.

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