Madison County Livestock & Fair Association is a 501(c)(3) organization based in Winterset, Iowa, registered in 2007, with $536,375 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$536K
▲ 14.8% vs prior year
Youth median: $163K
Expenses (FY2024)
$491K
Net assets
$1.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Madison County Livestock & Fair Association— 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 Madison County Livestock & Fair Association: 26 mo reserves · +9% margin earns a A 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 Madison County Livestock & Fair Association— 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 Madison County Livestock & Fair Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $226K (FY2013) to $536K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
8.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$90K
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $536,375▲14.8% | $490,577▲3.1% | $1,067,844▲4.5% | $1,157,934▼0.4% | 990 |
| 2023 | $467,183▼13.8% | $475,786▼5.9% | $1,022,046▼0.8% | $1,162,645▲1.4% | 990 |
| 2022 | $541,941▲34.4% | $505,392▲21.1% | $1,030,649▲3.7% | $1,146,991▲0.2% | 990 |
| 2021 | $403,145▼26.3% | $417,169▲1.0% | $994,100▼1.4% | $1,144,396▼4.7% | 990 |
| 2020 | $546,683▲110% | $412,893▲47.7% | $1,008,124▲15.3% | $1,200,748▲8.4% | 990 |
| 2019 | $260,662▲9.3% | $279,495▲13.1% | $874,334▼2.1% | $1,108,050▲5.3% | 990 |
| 2018 | $238,568▼2.4% | $247,172▲14.5% | $893,167▼1.0% | $1,052,268▼1.3% | 990 |
| 2017 | $244,455▲30.9% | $215,851▼0.1% | $901,766▲3.3% | $1,066,311▲1.7% | 990 |
| 2016 | $186,695▼16.6% | $216,065▲7.1% | $873,162▼3.3% | $1,048,745▼1.3% | 990 |
| 2015 | $223,807▼2.0% | $201,690▼0.4% | $902,532▲2.5% | $1,062,863▲5.6% | 990 |
| 2014 | $228,275▲1.0% | $202,399▲8.1% | $880,415▲3.0% | $1,006,800▼0.3% | 990 |
| 2013 | $225,927 | $187,169 | $854,539 | $1,010,272 | 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.
9 grants to Madison County Livestock & Fair Association totaling $170K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Fdn of Greater Des Moines | Grant distribution | 2022 | $60,000 |
| Community Fdn of Greater Des Moines | Grant distribution for emergency community funds for food and shelter | 2021 | $20,000 |
| Community Fdn of Greater Des Moines | Grant distribution | 2021 | $20,000 |
| Community Fdn of Greater Des Moines | Old restroom renovation | 2020 | $8,302 |
| Community Fdn of Greater Des Moines | Grant distribution | 2019 | $10,000 |
| Community Fdn of Greater Des Moines | Old restroom restoration | 2019 | $6,000 |
| Community Fdn of Greater Des Moines | Grant distribution | 2018 | $10,000 |
| Community Fdn of Greater Des Moines | Old restroom restoration | 2018 | $6,000 |
| Community Fdn of Greater Des Moines | Grant distribution for window and door replacement at the mardrid historical museum | 2017 | $30,000 |
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Data for Madison County Livestock & Fair Association (EIN 42-1088535) 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.