Iowa State Fair Foundation is a 501(c)(3) organization based in Des Moines, Iowa, registered in 1992, with $5,319,602 in FY2022 revenue. CharityIndex grades it C.
Revenue (FY2022)
$5.3M
▼ 59.9% vs prior year
Recreation median: $129K
Expenses (FY2022)
$6.5M
Net assets
$15.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Iowa State Fair Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Iowa State Fair Foundation: 29 mo reserves · -22% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Iowa State Fair Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Iowa State Fair Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $8.4M (FY2019) to $5.3M (FY2022) across 4 reported years.
Financial snapshot
Operating margin
-21.8%
Spent more than it raised in the latest fiscal year.
Total assets
$22.7M
Total liabilities
$7.1M
Net assets
$15.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $5,319,602▼59.9% | $6,481,287▲7.0% | $15,538,443▼7.0% | $22,677,711▲8.6% | 990 |
| 2021 | $13,279,780▲266% | $6,055,861▲8.0% | $16,700,128▲76.2% | $20,880,199▲87.2% | 990 |
| 2020 | $3,626,337▼56.8% | $5,608,672▼56.5% | $9,476,209▲1.3% | $11,154,654▲1.4% | 990 |
| 2019 | $8,403,117 | $12,885,182 | $9,355,885 | $11,002,682 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
135 grants to Iowa State Fair Foundation totaling $3.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $19,007 |
| Prairie Meadows Race Track & Casino Inc | Iowa state fairgrounds tree care | 2024 | $18,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $7,191 |
| Prairie Meadows Race Track & Casino Inc | Agriculture building entries & ramp | 2023 | $50,000 |
| Community Fdn of Greater Des Moines | Grant distribution | 2023 | $29,649 |
| Community Fdn of Greater Des Moines | Grant distribution | 2023 | $15,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $11,950 |
| American Online Giving Foundation Inc | General support | 2023 | $7,775 |
| Community Fdn of Greater Des Moines | Corndog kickoff | 2023 | $7,500 |
| Prairie Meadows Race Track & Casino Inc | Shelter house renovation | 2022 | $18,000 |
| Iowa Farm Bureau Federation | General contribution | 2022 | $7,500 |
| American Online Giving Foundation Inc | General support | 2022 | $7,103 |
| The Blackbaud Giving Fund | General support | 2021 | $51,966 |
| The Blackbaud Giving Fund | General support | 2021 | $51,966 |
| Community Fdn of Greater Des Moines | Grant distribution for corvid 19 personal desk dividers pk-6 | 2021 | $50,000 |
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Data for Iowa State Fair Foundation (EIN 42-1376689) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.