MARYLAND STATE FAIR & AGRICULTURAL SOCIETY INC Charity Report

Public IRS 990 nonprofit record

MARYLAND STATE FAIR & AGRICULTURAL SOCIETY INC

EIN 52-0590244 · Recreation & Sports (N520)

What they do

THE MARYLAND STATE FAIR & AGRICULTURAL SOCIETY, INC., A PRIVATE NON-PROFIT 501(C)(3)ORGANIZATION, SUPPORTS AGRICULTURE, EDUCATION, PRESERVES and PROMOTES MARYLANDS AGRICULTURAL ROOTS, and PROVIDES COMPETITIONS and EVENTS SHOWCASING MARYLANDS PREMIER INDUSTRY. ANNUALLY, THE MARYLAND STATE FAIR PROVIDES NEW FAMILY ENTERTAINMENT WHILE PERSERVING TRADITIONAL FAVORITES, HONORS THE TALENTS of MARYLAND YOUTH and ADULTS THROUGH COMPETITION and SHOWCASES, and PROVIDES FUN, EDUCATIONAL OPPORTUNITIES to HELP PROMOTE MARYLANDS LEADING INDUSTRY, AGRICULTURE. SINCE MANY PEOPLE ARE GENERATIONS AWAY FROM THE FARM, THE MARYLAND STATE FAIR EXPANDS and CHANGES ITS EXHIBITS to KEEP UP WITH TECHNOLOGICAL and INDUSTRY ADVANCEMENTS. AMONG THE MANY CURRENT AGRICULTURAL EXHIBITS ARE THE MARYLAND STATE FAIR BIRTHING CENTER, U-LEARN FARM, THE UNIVERSITY of MARYLAND DAIRY and WYE BEEF HERDS EXHIBITS, HORSELAND, NATURE PLAY SPACE, and MORE. IF HISTORY is EVIDENCE, THE MARYLAND STATE FAIR WILL CONTINUE to GROW,

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

90.12%of revenue went to mission work89.3% of expenses · Program services

$60.47spent for every $100 of revenueRevenue covered expenses this year.

10.83%of revenue went to management and office costs10.7% of expenses

$2.78in assets for every $1 spent this yearSome assets cannot be spent right away.

3.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $251,806 for JEREMY DANGELO (MARKETING DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,072,672

Mission workProgram services$7,275,42390.12% of revenue89.3% of expenses

ManagementOffice and general costs$874,05610.83% of revenue10.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$8,149,479100.95% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 89.3% mission · 10.7% management · 0.0% fundraisingTotal expenses: 100.95% of revenue

2022Expense mix: 88.5% mission · 11.5% management · 0.0% fundraisingTotal expenses: 110.66% of revenue

2021Expense mix: 88.8% mission · 11.2% management · 0.0% fundraisingTotal expenses: 95.34% of revenue

2020Expense mix: 87.8% mission · 12.2% management · 0.0% fundraisingTotal expenses: 55.72% of revenue

2019Expense mix: 75.1% mission · 24.9% management · 0.0% fundraisingTotal expenses: 140.13% of revenue

2018Expense mix: 85.5% mission · 14.5% management · 0.0% fundraisingTotal expenses: 105.72% of revenue

2017Expense mix: 85.7% mission · 15.4% management · 0.0% fundraisingTotal expenses: 107.45% of revenue

2016Expense mix: 88.1% mission · 11.9% management · 0.0% fundraisingTotal expenses: 106.73% of revenue

Money in and money out

Revenue$13,476,031

Expenses$8,149,479

Annual surplus $5,326,552 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,275,423 · 89.3% of expenses

Management and office costs$874,056 · 10.7% of expenses

See all reported dollar amounts

Revenue$13,476,031

Expenses$8,149,479

Assets$22,661,139

Income$22,926,198

Contributions$512,873

Mission work (program services)$7,275,423

Management and general$874,056

Stocks and bonds$8,614,024

Accounting fees$78,625

Investing fees$31,678

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JEREMY DANGELOMARKETING DI · 40 hrs/week $251,806Base $246,348 · Other $5,458

D ANDREW CASHMANGENERAL MANA · 50 hrs/week $160,547Base $134,862 · Other $25,685

CHARLES HORNELECTRICIAN · 40 hrs/week $132,873Base $114,871 · Other $18,002

TERRY WARNERDIRECTOR OF · 40 hrs/week $126,799Base $121,286 · Other $5,513

DAVID GORDONASSISTANT GE · 40 hrs/week $123,513Base $108,462 · Other $15,051

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (33)

JEREMY DANGELOMARKETING DI

D ANDREW CASHMANGENERAL MANA

CHARLES HORNELECTRICIAN

TERRY WARNERDIRECTOR OF

DAVID GORDONASSISTANT GE

REBECKA TETTERDIRECTOR

JAMIE BULLOCKDIRECTOR

JOHN EMOONEYDIRECTOR

KAREN HOLLOWAYDIRECTOR

KATHLEEN BEADELLDIRECTOR

LAMBERT G BOYCE JRASST. TREASU

MARY AMOSSDIRECTOR

MATT HOFFDIRECTOR

J ROBERT TIBBS JRTREASURER

RENE D HEAPSDIRECTOR

ROBERT C MILLERDIRECTOR

VALERIE T CONNELLYDIRECTOR

WILLIAM F C MARLOWDIRECTOR

JAMES G STIERHOFFDIRECTOR

JAMES STEELEDIRECTOR

A FERRIS ALLENDIRECTOR

H WARD CLASSENSECRETARY

FRAN BURNSPRESIDENT

DR JOSEPH H SULLIVANDIRECTOR

DONNA G MYERSCHAIR

DONALD E LIPPYDIRECTOR

DONALD LITZDIRECTOR

DAVID L BRAUNINGDIRECTOR

DAVID HILLDIRECTOR

DANIEL MASTDIRECTOR

CHARLES R CONNER III ESQDIRECTOR

BARRY F WILLIAMSDIRECTOR

AMANDA CLOUGHERTYDIRECTOR

About this charity

Recognized since: January 1953
Location: PO BOX 188, TIMONIUM, MD 21094-0188
County: Baltimore
In care of: D ANDREW CASHMAN
Primary officer: D ANDREW CASHMAN, GENERAL MANAGER

How to reach them

WebsiteVisit the charity’s website Phone(410) 252-0200

Filing and classification

Latest tax year: 2023
Tax period began: November 1, 2023
Return type: 990
Tax preparer: GEGOREK & COMPANY PA
NTEE classification: Recreation & Sports (N520)