Public Charity

IOWA STATE FAIR FOUNDATION

IOWA STATE FAIR FOUNDATION is a Public Charity headquartered in Des Moines, IA. Financial data from the 2025 filing: $7.1M revenue, $10.3M expenses, $23.8M total assets. 90 publicly reported grants to this organization, totaling roughly $3.2M, appear in IRS filings.

EIN: 421376689 Des Moines, IA Fairs NTEE: N52 Latest filing: 2025
Total Revenue$7.1M
Total Expenses$10.3M
Total Assets$23.8M
Grant Records90
Funding Total$3.2M
Filing Years2021–2025

Mission

Raise funds for renovation and preservation of the historic Iowa State Fairgrounds by soliciting gifts, donations, bequests and grants to help finance infrastructure projects to guarantee the Fair continues to be Iowa's great celebration, a salute to the state's best in ag, industry, entertainment and achievement.

Where $100 goes at Iowa State Fair Foundation

How Iowa State Fair Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$77 Programs the work itself
$12 Management running the organization
$11 Fundraising raising the next dollar

Inside the $77 for programs

$61
The top program service project expenses were itemized pursuant to instruction
79% of program spending
$10
The Shivers Plaza was developed to revitalize an underused area at the fairgrounds
13% of program spending
$4
Development of the Fun Forest Playground which is a one and a half acre wooded children's play area featuring a fully accessible, sensory-friendly space with ramps, smooth stable…
5% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Alan Brown
Vice President Curtis Claeys
Director Cw Thomas
Director Danny Olson
President Darwin Gaudian
Treasurer Deb Zumbach

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$1,013,700 2 grants
General Support
$1,002,869 67 grants
Fundraising & Sponsorship
$124,369 8 grants
Arts & Culture
$100,250 2 grants
Housing & Homelessness
$18,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $7.1M $10.3M $23.8M
2024 $14.8M $6.5M $26.3M
2023 $5.3M $6.5M $22.7M
2022 $13.3M $6.1M $20.9M
2021 $3.6M $5.6M $11.2M

Between 2021 and 2025, reported annual revenue grew from $3.6M to $7.1M (+95%), with total assets most recently reported at $23.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for IOWA STATE FAIR FOUNDATION

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