South Dakota State Fair Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 600,150 | 112,807 | 487,343 | 57.3 | 0% |
| 2014 | 1,565,269 | 140,139 | 1,425,130 | 168.2 | 0% |
| 2015 | 1,386,083 | 46,655 | 1,339,428 | 849.7 | 0% |
| 2016 | 670,681 | 3,862,031 | −3,191,350 | 0.3 | 0% |
| 2017 | 207,971 | 189,687 | 18,284 | 8.3 | 0% |
| 2018 | 134,233 | 103,185 | 31,048 | 18.8 | — |
| 2019 | 69,566 | 11,308 | 58,258 | 233.2 | — |
| 2020 | 55,680 | 40,227 | 15,453 | 70.2 | — |
| 2021 | 2,779,835 | 38,486 | 2,741,349 | 928.1 | 0% |
| 2022 | 1,957,283 | 14,385 | 1,942,898 | 4103.8 | 0% |
| 2023 | 1,553,389 | 5,277,792 | −3,724,403 | 2.7 | 0% |
In its most recent public year (2023), this organization spent $3,724,403 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 57.3 in 2013. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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