STATE FAIR OF VIRGINIA INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- STATE FAIR OF VIRGINIA INC (EIN 54-0616346)
- Tax period
- 2010-02-01 to 2011-01-31
- Filed
- 2011-08-24
- IRS object ID
- 201122369349300707
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-08-24T12:26:45-05:00 | Timestamp |
| Tax Period End Date | 2011-01-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIXON HUGHES GOODMAN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4510 COX ROAD SUITE 200 | AddressLine1 |
| City | GLEN ALLEN | City |
| State | VA | State |
| ZIP Code | 230603394 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-02-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540616346 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STATE FAIR OF VIRGINIA INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | STAT | NameControl |
| Phone | 8049942800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13111 DAWN BLVD | AddressLine1 |
| City | DOSWELL | City |
| State | VA | State |
| ZIP Code | 23047 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JODI L BUFFORD | Name |
| Title | TREASURER | Title |
| Phone | 8049942800 | Phone |
| Date Signed | 2011-08-22 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JANET L BROCKLEHURST CPA | Name |
| Phone | 8042827636 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JODI L BUFFORD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13111 DAWN BLVD | AddressLine1 |
| City | DOSWELL | City |
| State | VA | State |
| ZIP Code | 23047 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 26252729 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.STATEFAIRVA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1989 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | STATE FAIR OF VIRGINIA, INC. PROMOTES THE ECONOMY OF VIRGINIA BY FOSTERING THE WISE AND PRUDENT USE OF NATURAL RESOURCES AND EDUCATING THE CONSUMING PUBLIC. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 23 | NbrIndependentVotingMembers |
| Total Nbr Employees | 140 | TotalNbrEmployees |
| Total Nbr Volunteers | 175 | TotalNbrVolunteers |
| Total Gross UBI | -342687 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -342687 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1182595 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 833623 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5359350 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 4987964 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -6462833 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1102545 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -505361 | OtherRevenuePriorYear |
| Other Revenue Current Year | -321169 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | -426249 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6602963 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 253715 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 241284 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2087841 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2149783 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 265818 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 8448889 | OtherExpensePriorYear |
| Other Expenses Current Year | 11650499 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 10790445 | TotalExpensesPriorYear |
| Total Expenses Current Year | 14041566 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -11216694 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -7438603 | RevenuesLessExpensesCY |
| Total Assets BOY | 111131158 | TotalAssetsBOY |
| Total Assets EOY | 108006687 | TotalAssetsEOY |
| Total Liabilities BOY | 89081567 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 91226640 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 22049591 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 16780047 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | STATE FAIR OF VIRGINIA, INC. PROMOTES THE ECONOMY OF VIRGINIA BY FOSTERING THE WISE AND PRUDENT USE OF NATURAL RESOURCES AND EDUCATING THE CONSUMING PUBLIC. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3767701 | Expense |
| Grants | 107617 | Grants |
| Revenue | 3658905 | Revenue |
| Description | STATE FAIR OF VIRGINIA IS AN ANNUAL ELEVEN DAY EVENT WHICH ENCOURAGES AGRICULTURAL AND YOUTH EDUCATION PROGRAMS. ANNUAL ATTENDANCE IS APPROXIMATELY 200,000 WITH 5,000 COMPETING EXHIBITORS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 374634 | Expense |
| Grants | 69821 | Grants |
| Revenue | 365384 | Revenue |
| Description | THE STRAWBERRY HILL RACES IS AN ANNUAL ONE DAY STEEPLECHASE EVENT. ANNUAL ATTENDANCE IS APPROXIMATELY 15,000. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 254749 | Expense |
| Grants | 11117 | Grants |
| Revenue | 260884 | Revenue |
| Description | THE MEADOW HIGHLAND GAMES IS AN ANNUAL TWO DAY EVENT THAT CELEBRATES CELTIC HERITAGE WITH A STRONG EMPHASIS ON MUSIC, DANCE, ATHLETIC COMPETITION. ANNUAL ATTENDANCE IS APPROXIMATELY 12,000 WITH 1,100 COMPETITORS. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3702878 | Expense |
| Grants | 52729 | Grants |
| Revenue | 713321 | Revenue |
| Description | OTHER PROGRAM EXPENSES CONSISTS MAINLY OF SCHOLARSHIPS THAT ARE AWARDED TO YOUTH IN THE STATE FAIR COMPETITION. FUNDS ARE PAID DIRECTLY TO ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTIONAL THAT THE WINNERS ATTEND. IN ADDITION, THE STATE FAIR INCURRED SIGNIFICANT COSTS FOR THE RE-LOCATION OF THE FAIR GROUNDS TO MEADOW FARMS AND DEBT SERVICE AND MAINTENANCE ON THE FACILITIES.THE SFVA ALSO MAINTAINS THE MUSEUM OF THE HORSE AS THE SFVA SITE IS ALSO THE ORIGINAL SITE OF MEADOW FARM, WHICH WAS THE BIRTHPLACE OF SECRETARIAT. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 3702878 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 52729 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 713321 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 8099962 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 187 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 140 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 23 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 0 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | VA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JODI BUFFORD SENIOR DIRECTOR OF ACCOUNTING | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8049942800 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13111 DAWN BLVD | AddressLine1 |
| City | DOSWELL | City |
| State | VA | State |
| ZIP Code | 23047 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (34 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| G WILLIAM BEALE | ||||||||
| VICE CHAIRMAN | 0.10 | X | X | 0 | 0 | 0 | ||
| RICHARD CHICHESTER | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| THOMAS J BAYNE JR | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| RICHARD S BRAY | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| BRITTON L GLISSON | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| T WILLIAM DOWDY | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| RICHARD S JOHNSON | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| MICHELLE POOLE | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| JULIEN PATTERSON | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| JAMES C ROBERTS | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| CHRISTINE L TILLMAN | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| CLINTON V TURNER | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| WILLIAM S MISTR | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| JOHN B ADAMS JR | ||||||||
| CHAIRMAN | 0.10 | X | X | 0 | 0 | 0 | ||
| DIXIE WATTS DALTON | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| BRUCE HAZELGROVE | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| PATRICIA LOUGHRIDGE | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| WILLIAM WASHINGTON | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| FRANK B ATKINSON | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| M TYSON GILPIN | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| JENNIFER L MCLELLAN | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| CHARLES W PAYNE JR | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| W LYLE PUGH SR | ||||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |||
| JODI L BUFFORD | ||||||||
| SECRETARY/TREASURER | 50.00 | X | 82104 | 0 | 7967 | |||
| CURRY A ROBERTS | ||||||||
| PRESIDENT | 60.00 | X | 212912 | 0 | 21219 | |||
| DAVID P KING | ||||||||
| SR DIR DEVELOPMENT | 40.00 | 110454 | 0 | 19232 | X | |||
| JOHN S BRYAN | ||||||||
| SR DIR RISK MGMT | 50.00 | 113799 | 0 | 7736 | X | |||
| MICHAEL J FRITZSCHE | ||||||||
| SR DIR MARKETING | 50.00 | 120637 | 0 | 13965 | X | |||
| J CARLTON COURTER III | ||||||||
| DIRECTOR | 0.10 | 0 | 0 | 0 | X | |||
| ROBERT M FELTS JR | ||||||||
| DIRECTOR | 0.10 | 0 | 0 | 0 | X | |||
| RACHEL N GRAVES | ||||||||
| DIRECTOR | 0.10 | 0 | 0 | 0 | X | |||
| BERYL B HERZOG | ||||||||
| DIRECTOR | 0.10 | 0 | 0 | 0 | X | |||
| REGINALD H NELSON IV | ||||||||
| DIRECTOR | 0.10 | 0 | 0 | 0 | X | |||
| JAMES R NICHOLS | ||||||||
| DIRECTOR | 0.10 | 0 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 639906 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 70119 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ENGLISH CONSTRUCTION | |||||
| PO BOX P-700 | LYNCHBURG | VA | 24505 | CONSTRUCTION CONTRACTOR | 3085876 |
| HARRIS ELECTRIC | |||||
| 4910 W CLAY STREET | RICHMOND | VA | 23230 | ELECTRICAL SERVICES | 150339 |
| HOLIDAY SIGNS | |||||
| 11930 OLD STAGE RD | CHESTER | VA | 23836 | SIGN MANUFACTURER | 137029 |
| BOSCHEN MASONRY INC | |||||
| PO BOX C | ASHLAND | VA | 23005 | MASONRY SERVICES | 101913 |
| TROUTMAN SANDERS LLP | |||||
| PO BOX 933652 | ATLANTA | GA | 311933652 | LEGAL FIRM | 101686 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 55770 | FundraisingEvents |
| All Other Contributions | 777853 | AllOtherContributions |
| Total Contributions | 833623 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STATE FAIR OF VIRGINIA | 713990 | 3658905 | 3658905 |
| FACILITY PARTNERSHIPS | 713990 | 702791 | 702791 |
| STRAWBERRY HILL RACES | 711210 | 365384 | 365384 |
| RICHMOND HIGHLAND GAME | 711300 | 260884 | 260884 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 4987964 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 668248 | TotalRevenueColumn |
| Exclusion | $668,248 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 799860 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1142547 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -342687 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -342687 | TotalRevenueColumn |
| Unrelated Business Revenue | -342687 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18922292 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18487995 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 434297 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 434297 | TotalRevenueColumn |
| Exclusion | $434,297 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 13445 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 55770 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 19224 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -5779 | TotalRevenueColumn |
| Exclusion | -$5,779 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| OTHER MISCELLANEOUS IN | 713990 | 16767 | $16,767 | |
| MUSEUM OF THE HORSE | 713990 | 10530 | 10530 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 27297 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6602963 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4998494 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -342687 | UnrelatedBusinessRevenue |
| Exclusion | $1,113,533 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241284 | Total |
| Program Services | 241284 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 327856 | Total |
| Program Services | 229499 | ProgramServices |
| Management And General | 98357 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1511312 | Total |
| Program Services | 907759 | ProgramServices |
| Management And General | 418424 | ManagementAndGeneral |
| Fundraising | 185129 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 310615 | Total |
| Management And General | 310615 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71147 | Total |
| Program Services | 846 | ProgramServices |
| Management And General | 70301 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42905 | Total |
| Management And General | 42905 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 878447 | Total |
| Management And General | 878447 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96127 | Total |
| Program Services | 5387 | ProgramServices |
| Management And General | 40740 | ManagementAndGeneral |
| Fundraising | 50000 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 640458 | Total |
| Program Services | 638208 | ProgramServices |
| Fundraising | 2250 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 422883 | Total |
| Program Services | 258177 | ProgramServices |
| Management And General | 150359 | ManagementAndGeneral |
| Fundraising | 14347 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 529865 | Total |
| Program Services | 10766 | ProgramServices |
| Management And General | 519099 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28395 | Total |
| Program Services | 23464 | ProgramServices |
| Management And General | 4931 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3165300 | Total |
| Program Services | 3062637 | ProgramServices |
| Management And General | 102663 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2610517 | Total |
| Program Services | 77000 | ProgramServices |
| Management And General | 2533517 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 157617 | Total |
| Program Services | 3286 | ProgramServices |
| Management And General | 154331 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| ENTERTAINMENT AND EXHIB | 771336 | 771336 | |
| EQUIPMENT RENTAL | 458103 | 411392 | 46711 |
| SECURITY | 425599 | 425599 | |
| REPAIRS AND MAINTENANCE | 354970 | 294252 | 60718 |
| TEMPORARY AND CONTRACT | 212451 | 182643 | 29808 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 784379 | Total |
| Program Services | 556427 | ProgramServices |
| Management And General | 213860 | ManagementAndGeneral |
| Fundraising | 14092 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14041566 | Total |
| Program Services | 8099962 | ProgramServices |
| Management And General | 5675786 | ManagementAndGeneral |
| Fundraising | 265818 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1650974 | BOY |
| EOY | 1285763 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1154215 | BOY |
| EOY | 876469 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95024 | BOY |
| EOY | 84312 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8587 | BOY |
| EOY | 20428 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41845 | BOY |
| EOY | 67100 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 83474476 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 6880426 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75524724 | BOY |
| EOY | 76594050 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32631189 | BOY |
| EOY | 29053965 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24600 | BOY |
| EOY | 24600 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111131158 | BOY |
| EOY | 108006687 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1763801 | BOY |
| EOY | 4536327 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62929 | BOY |
| EOY | 76478 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84615329 | BOY |
| EOY | 83672899 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2639508 | BOY |
| EOY | 2940936 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89081567 | BOY |
| EOY | 91226640 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21355382 | BOY |
| EOY | 15688632 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 694209 | BOY |
| EOY | 1091415 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22049591 | BOY |
| EOY | 16780047 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111131158 | BOY |
| EOY | 108006687 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -7438603 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 2169059 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1666060 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3730593 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1987895 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1182595 | CurrentTaxYearMinus1Year |
| Current Tax Year | 833623 | CurrentTaxYear |
| Total | 9400766 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4401958 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5280699 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5046116 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5359350 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4998494 | CurrentTaxYear |
| Total | 25086617 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6068018 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9011292 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7034011 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6541945 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5832117 | CurrentTaxYear |
| Total | 34487383 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 34487383 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 943722 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1229671 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2365240 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 566878 | CurrentTaxYearMinus1Year |
| Current Tax Year | 668248 | CurrentTaxYear |
| Total | 5773759 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 943722 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1229671 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2365240 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 566878 | CurrentTaxYearMinus1Year |
| Current Tax Year | 668248 | CurrentTaxYear |
| Total | 5773759 | Total |
Net Income From Other UBI NetIncomeFromOtherUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | -12034 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | -536173 | CurrentTaxYearMinus1Year |
| Current Tax Year | -342687 | CurrentTaxYear |
| Total | -890894 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 37808 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 18809 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1723 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5465 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16767 | CurrentTaxYear |
| Total | 80572 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7049548 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 10259772 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9388940 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6578115 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6174445 | CurrentTaxYear |
| Total | 39450820 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.87420 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.85610 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.14640 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.14760 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 24600 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 750662 | OtherCostOrOtherBasis |
| Book Value | 750662 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 24918956 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 29142839 | OtherCostOrOtherBasis |
| Depreciation | 3904300 | Depreciation |
| Book Value | 50157495 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2224155 | OtherCostOrOtherBasis |
| Depreciation | 1497373 | Depreciation |
| Book Value | 726782 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 26437864 | OtherCostOrOtherBasis |
| Depreciation | 1478753 | Depreciation |
| Book Value | 24959111 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 76594050 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST RATE SWAP AGREEMENT | Description |
| Amount | $2,940,936 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2940936 | TotalOfAmounts |
| Total Revenue | 6602963 | TotalRevenue |
| Total Expenses | 14041566 | TotalExpenses |
| Excess Or Deficit For Year | -7438603 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2470487 | NetUnrealizedGLOnInvestments |
| Other | -$301,428 | OtherAmount |
| Total Adjustments | 2169059 | TotalAdjustments |
| Excess Or Deficit Per FS | -5269544 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 9907277 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2470486 | NetUnrealizedGainsInvestments |
| Other Revenues | -301428 | OtherRevenues |
| Revenue Not Rptd F990 | 2169058 | RevenueNotRptdF990 |
| Revenue Subtotal | 7738219 | RevenueSubtotal |
| Other Revenues Not Included | -1135256 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -1135256 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6602963 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 15176821 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 1142546 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1142546 | ExpensesNotRptdF990 |
| Expenses Subtotal | 14034275 | ExpensesSubtotal |
| Other Expenses Not Included | 7291 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 7291 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 14041566 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | THE HISTORICAL COLLECTIONS MAINTAINED BY THE STATE FAIR OF VIRGINIA INCLUDE AN ANTIQUE HORSE DRAWN CARRIAGE AND ANTIQUE WORKS OF ART AND PHOTOGRAPHS. PROMOTING THE USE OF NATURAL RESOURCES AND EDUCATING THE PUBLIC IS A FUNCTION OF THE ORGANIZATION'S EXPEMT PURPOSE, AND THESE COLLECTIONS AID IN THIS MISSION. | |
| PART X: | THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JANUARY 31, 2011. FISCAL YEARS ENDING ON OR AFTER JANUARY 31, 2008 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| UNREALIZED LOSS ON SWAP AGRREMENT | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| PART XII, LINE 2D: UNREALIZED LOSS ON SWAP AGREEMENT | ||
| PART XIII, LINE 2D: REPRESENTS $1,142,547 IN FACILITY RENTAL EXPENSES THAT ARE REFLECTED ON LINE 6B OF THE STATEMENT OF REVENUE. | ||
| FORM 990 PAGE 12, PART XII, LINE 2B TEXT FROM AUDITED FINANCIAL STATEMENT FOOTNOTES REGARDING THE ORGANIZATION'S LIABILITY UNDER FIN 48: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JANUARY 31, 2011. FISCAL YEARS ENDING ON OR AFTER JANUARY 31, 2008 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BLACK TIE AND BOOTS | NameOfEvent1 |
| Gross Receipts Event1 | 69215 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 55770 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 13445 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 17489 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 1735 | EntertainmentEvent1 |
| Gross Receipts Total | 69215 | GrossReceiptsTotal |
| Charitable Contributions Total | 55770 | CharitableContributionsTotal |
| Gross Revenue Total Events | 13445 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 17489 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 1735 | EntertainmentTotalEvents |
| Direct Expense Summary Events | 19224 | DirectExpenseSummaryEvents |
| Net Income Summary | -5779 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| SCHOLARSHIPS | 39 | 52729 |
| PRIZES AND AWARDS | 1099 | 188555 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO INDIVIDUALS HOWEVER, MONEY IS NOT PAID OUT TO INDIVIDUALS DIRECTLY, ONLY PAID OUT TO HIGHER LEARNING INSTITUTIONS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CURRY A ROBERTS | NamePerson |
| Base Compensation Filing Org | 212912 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 5437 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 15782 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 234131 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|
| INDUSTRIAL DEVELOPMENT AUTHORITIY OF THE COUNTY OF CAROLINE SERIES 2007G | ||||||
| 541764705 | 2007-12-31 | 33670000 | FOR CONSTRUCTION OF MEADOW PARK | 0 | 0 | 0 |
| INDUSTRIAL DEVELOPMENT AUTHORITIY OF THE COUNTY OF CAROLINE SERIES 2007H | ||||||
| 541764705 | 2007-12-31 | 16120000 | FOR CONSTRUCTION OF MEADOW PARK | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|
| 33670000 | 1224764 | 32445236 | 2009 | 0 | 0 | 0 | 1 |
| 16120000 | 559981 | 15560019 | 2009 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Business Name Line2NameOfHedgeProvider/BusinessNameLine2 | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|---|---|
| MORGAN KEEGAN | |||||||||
| 0 | 1 | 1 | FINANCIAL PRODUCTS | 6.700000000000 | 0 | 0 | 0 | 0 | 0 |
| (no name) | |||||||||
| 0 | 1 | 0 | 0 | 0 | 0 | ||||
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JIM ROBERTS | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | JIM IS A BOARD MEMBER OF SFVA AND IS A PARTNER AT TROUTMAN SANDERS LLP | Relationship |
| Amount Of Transaction | 65208 | AmountOfTransaction |
| Description Of Transaction | TROUTMAN SANDERS PROVIDES LEGAL SERVICES FOR THE STATE FAIR OF VIRGINIA | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE TREASURER OF THE ORGANIZATION IS RESPONSIBLE FOR REVIEWING A DRAFT OF THE 990 PRIOR TO FINAL FILING. | |
| STEVEN BRYAN, SR. DIRECTOR OF HUMAN RESOURCES ANNUALLY CONDUCTS A MARKET SURVEY USING MULTIPLE PUBLIC AND PRIVATE DATABASES TO REVIEW EACH POSITION. HE RECOMMENDS SALARY LEVELS FOR EACH POSITION BASED ON THIS DATA. CURRY ROBERTS, PRESIDENT, REVIEWS THIS RECOMMENDATION AND SUPPORTING DATA FOR EACH POSITION. THE CHAIRMAN OF THE BOARD REVIEWS THE RECOMMENDATION AND SUPPORTING DATA FOR THE PRESIDENT OF THE ORGANIZATION. THE LAST MARKET SURVEY WAS COMPLETED IN DECEMBER 2008. | FORM 990, PART VI, SECTION B, LINE 15 | |
| GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST AND/OR CAN BE VIEWED/OBTAINED AT THE CORPORATE OFFICE OF THE ORGANIZATION. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 2,470,487. UNREALIZED LOSS ON SWAP AGRREMENT -301,428. TOTAL TO FORM 990, PART XI, LINE 5: 2,169,059. | FORM 990, PART XI, LINE 5: |
| COMMITTEES IN CHARGE OF AUDIT | THE PROCESS FOR OVERSEEING THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. BOTH THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS WORK TOGETHER TO CHOOSE INDEPENDENT AUDITORS AND TO ENSURE THAT THE AUDIT IS OVERSEEN BY THOSE RESPONSIBLE FOR COMPILING FINANCIAL DATA. | PART XII, LINE 2C |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE STATE FAIR OF VIRGINIA FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13111 DAWN BLVD | AddressLine1 |
| City | DOSWELL | City |
| State | VA | State |
| ZIP Code | 23047 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 341987072 | EIN |
| Primary Activities | EXISTS TO ASSIST THE STATE FAIR IN THEIR SCHOLARSHIP AND FAIR PROGRAMS | PrimaryActivities |
| Legal Domicile State | VA | LegalDomicileState |
| Exempt Code Section | 501(C)3 | ExemptCodeSection |
| Public Charity Status | 11A TYPE I | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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