Skip to main content

Nonprofit · EIN 52-0622931

MONTGOMERY COUNTY AGRICULTURAL CENTER INC

Tax-exempt · GAITHERSBURG, MD 20877

Financials

$4.3M$3.4M2023$5.8M$3.7M2024
Revenue Expenses · by fiscal year end
Financials of MONTGOMERY COUNTY AGRICULTURAL CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,841,579$3,747,515$2,094,064$17,640,035$416,638$17,223,397
December 31, 2023990$4,304,428$3,407,412$897,016$14,902,845$393,570$14,509,275
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,681,611
of which government grants
$58,000
Program service revenue
$3,495,584
Investment income
$585,088
Net gain from sales of assets
$127,132
Other revenue
$79,296

Expenses

Grants and similar amounts paid
$78,543
Compensation of officers, directors and key employees
$183,752
Other salaries and wages
$455,891
Salaries, compensation and benefits (total)
$757,625
Professional fundraising fees
$0
Legal fees
$2,060
Accounting fees
$130,126
Occupancy
$130,337
Depreciation
$262,350
Program services (functional)
$2,422,127
Management and general (functional)
$1,325,388

Balance sheet and other

Total assets, start of year
$14,902,845
Total assets, end of year
$17,640,035
Total liabilities, end of year
$416,638
Net assets, end of year
$17,223,397
Land, buildings and equipment
$1,666,994
Publicly traded securities
$3,107,632
Net assets without donor restrictions
$16,965,948
Net assets with donor restrictions
$257,449
Gross receipts
$12,084,540
Employees
16
Volunteers
1,053
Year formed
1949
State of legal domicile
MD

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 / weekCompensationOther / benefits
Martin E SvrcekExecutive Dir.
Officer
40$183,752$5,608
James FraserDirector
Trustee or director
2$0$0
Rusty DrewDirector
Trustee or director
2$0$0
Kristi GearyDirector
Trustee or director
2$0$0
Tom FitzpatrickDirector
Trustee or director
2$0$0
Percy WillettDirector
Trustee or director
2$0$0
Daniel HernandezDirector
Trustee or director
2$0$0
Don BohrerDirector
Trustee or director
2$0$0
Laurel GillDirector
Trustee or director
2$0$0
Daniel LeamanVice President
Trustee or director, Officer
6$0$0
Charles SchusterDirector
Trustee or director
2$0$0
Megan MackenzieDirector
Trustee or director
2$0$0
Thomas RussoDirector
Trustee or director
2$0$0
Karen GillisSecretary
Officer
6$0$0
Gene WalkerTreasurer
Officer
6$0$0
1 more people on this return
NameTitleHours / weekCompensation
Mandy GermanPresident
Officer
6$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
Martin E SvrcekExecutive Dir.
Officer
40$162,094$4,954
James FraserDirector
Trustee or director
2$0$0
Kristi GrearyDirector
Trustee or director
2$0$0
Don BohrerDirector
Trustee or director
2$0$0
Percy WillettDirector
Trustee or director
2$0$0
Daniel HernandezDirector
Trustee or director
2$0$0
Mandy GermanPresident
Trustee or director, Officer
6$0$0
Ed Hogan JrVice President
Trustee or director, Officer
6$0$0
Laurel GillDirector
Trustee or director
2$0$0
Daniel LeamanDirector
Trustee or director
2$0$0
Charles SchusterDirector
Trustee or director
2$0$0
Megan MackenzieDirector
Trustee or director
2$0$0
Thomas RussoDirector
Trustee or director
2$0$0
Karen GillisSecretary
Officer
6$0$0
Gene WalkerTreasurer
Officer
6$0$0

Address and contacts

Address (IRS master file)
16 CHESTNUT ST, GAITHERSBURG, MD 20877-2403
Principal officer (990 for 2024)
Martin E Svrcek, 16 Chestnut Street, Gaithersburg, MD 20877
Signed the 990
Martin E Svrcek, Executive Dir.
Phone
(301) 926-3100
Return prepared by
ARKIN & LEARY PC

Mission

To coordinate the efforts of our volunteers to present the annual Montgomery County Agricultural Fair. We also promote the science and preservation of agriculture in Montgomery County and educating fair patrons and the community regarding agricultural related topics.

990 for the year ended December 31, 2024

Program accomplishments

  • Montgomery County Agricultural Center, Inc. (the Center) conducts the annual Montgomery County Fair (the Fair) and promotes the continuance of agricultural activities by providing facilities for 4-H and FFA programs, as well as for other agricultural and community related organizations.
    Expenses $1,872,528 · revenue $2,253,085
  • The Center provides various agricultural education programs, as well as community services through the rental of its property and facilities.
    Expenses $549,599 · revenue $1,242,499

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
52-0622931
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1952
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,640,035
Income (IRS master file)
$12,084,540

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,841,579$3,747,515$17,640,035XML
990December 2023$4,304,428$3,407,412$14,902,845XML
990December 2022$3,815,929$3,157,284$13,107,948IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 52-0622931).

Questions about MONTGOMERY COUNTY AGRICULTURAL CENTER INC

What is the EIN of MONTGOMERY COUNTY AGRICULTURAL CENTER INC?
The employer identification number (EIN) of MONTGOMERY COUNTY AGRICULTURAL CENTER INC is 52-0622931.
Is MONTGOMERY COUNTY AGRICULTURAL CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1952.
Are donations to MONTGOMERY COUNTY AGRICULTURAL CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MONTGOMERY COUNTY AGRICULTURAL CENTER INC 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 MONTGOMERY COUNTY AGRICULTURAL CENTER INC 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 MONTGOMERY COUNTY AGRICULTURAL CENTER INC 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 MONTGOMERY COUNTY AGRICULTURAL CENTER INC?
The 990 for the year ended December 31, 2024 names Martin E Svrcek.
Who are the officers and directors of MONTGOMERY COUNTY AGRICULTURAL CENTER INC?
The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $183,752 (Martin E Svrcek, Executive Dir.).
How much revenue does MONTGOMERY COUNTY AGRICULTURAL CENTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,841,579, expenses of $3,747,515 and total assets of $17,640,035 at year end.

Other nonprofits in GAITHERSBURG

All nonprofits in GAITHERSBURG · Maryland · Food, agriculture and nutrition