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Alaska State Fair

Palmer, AK · EIN 92-0027358 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Alaska State Fair reported $12.7 million in revenue and $11.0 million in expenses for calendar year 2024. Of every $100 it spent, $90.71 went to program services, $9.29 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.6% of the total. The highest compensation it reported for one person was $235,883 (CEO). 1 person received more than $100,000 in reportable compensation. Revenue rose 61% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $11M

For context, the median across 237 covered recreation & sports charities: $88.05 programs, $10.89 management, $1.06 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $13M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 237 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
90.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
9.3%10.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%1.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.05
Contributions & grants share of revenue
Part VIII 1h ÷ 12
7.9%25.2%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
89.6%61.0%
Highest reported compensation
Part VII-A, columns D–F
$235,883$365,322
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.15%2.14%
People paid over $100,000
Part VII, line 2
16
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
17.514.9
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$9.9M expenses · 100.0% of program spending · grants $3,500 · revenue $11M

Providing facilities and activities for an agricultural and educational fair in the State of Alaska. The fair provides high quality concerts, motorcross events, rodeo, local entertainment and talent performances, competitive events, and educational exhibits for all alaskans to enjoy. The State Fair runs for 14 days each year (2024 attendance: 370,485), holds 5 winter events, provides winter storage of vehicles, as well as hosts more than 65 rentals on the grounds throughout the year

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 40.00 hrs/week
$227,077$0$8,806$235,883
PRESIDENT
Director/trustee, officer, 4.00 hrs/week
$1,785$0$0$1,785
VICE PRESIDENT
Director/trustee, officer, 4.00 hrs/week
$1,315$0$0$1,315
DIRECTOR
Director/trustee, 3.00 hrs/week
$1,215$0$0$1,215
DIRECTOR
Director/trustee, 3.00 hrs/week
$1,215$0$0$1,215
SECRETARY
Director/trustee, officer, 4.00 hrs/week
$1,200$0$0$1,200
DIRECTOR
Director/trustee, 3.00 hrs/week
$1,035$0$0$1,035
TREASURER
Director/trustee, officer, 4.00 hrs/week
$970$0$0$970

1 people received more than $100,000 in reportable compensation from Alaska State Fair (Part VII, line 2). Compensation of current officers, directors and key employees totaled $236K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$13M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$13M$11M90.7%$16M$235,883
2023 ⓘ$10M$9.6M90.7%$14M$89,000
2022 ⓘ$10.0M$8.7M90.8%$14M$136,328
2021 ⓘ$12M$7.4M90.5%$12M$137,231
2020 ⓘ$2.4M$3.0M82.2%$7.6M$118,339
2019 ⓘ$7.9M$7.9M90.8%$8.2M$138,593

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5286
  • Volunteers Part I, line 6700

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
STARPLEX CORPORATION
Security
$600,819
DISTURBING THA PEACE TOURING INC
Music
$465,480
WHISKEY MYERS LLC
Music
$260,665
CREATIVE LIGHTING & SOUND
Audio production services
$226,337
TOUR TOUR TOUR INC
Music
$225,020

Individuals listed as contractors are left out. 19 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Alaska State Fair's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Alaska State Fair, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All recreation & sports charities · Largest charities in Alaska

Questions people ask

How much of Alaska State Fair's spending goes to programs?

In calendar year 2024, Alaska State Fair reported that 90.7% of its $11.0 million in expenses went to program services, 9.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Alaska State Fair pay its top executive?

The largest total compensation Alaska State Fair reported for one person in calendar year 2024 was $235,883, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Alaska State Fair get its money?

Of $12.7 million in revenue in calendar year 2024, 7.9% came from contributions and grants and 89.6% from program service revenue (Form 990, Part VIII).

Is Alaska State Fair a registered charity?

The IRS lists EIN 92-0027358 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543189349315824 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403209349321105 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303199349309220 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213199349327331 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113199349318066 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202112939349301766 · read the filing

All filings for EIN 92-0027358: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.