State Fair Of West Virginia Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 773,302 | 1,444,954 | −671,652 | 33.3 | 24% |
| 2021 | 4,842,468 | 3,762,844 | 1,079,624 | 16.2 | 15% |
| 2022 | 6,147,107 | 4,587,486 | 1,559,621 | 17.2 | 15% |
| 2023 | 6,985,272 | 5,839,348 | 1,145,924 | 15.9 | 14% |
In its most recent public year (2023), this organization brought in $1,145,924 more than it spent. Its reserves stood at about 15.9 months of spending, down from 33.3 in 2020. Staff pay was 14% of spending. $520,677 of its net assets are donor-restricted.
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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