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Minnesota · Nonprofit

LAKE OF THE WOODS COUNTY FAIR ASSOC

LAKE OF THE WOODS COUNTY FAIR ASSOC (Minnesota) receives grants from 1 organization whose IRS filings report $6,000 to it, the largest being REGION 2 ARTS COUNCIL ($6,000). 0 of them have funded it in more than one year.

Revenue FY2025
$97k
Funders on record
1
Grants received
$6k
Net assets
$703k
0/1 repeat funderspeak grant-dependency 4%
01What it does

What Lake of the Woods County Fair Assoc does

Mission

Community projects and 4h projects, community county fair board

As stated on its FY2025 Form 990.

Program

  1. To educate and encourage our youth to expand knowledge of the rural farm community through indiviual arts, crafts, and individual projects though the school or 4-h or open classes and activities. Also the lake of the woods fair gives a venue to community members to display their talents.

    $133,736 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $133,736.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($66k) Expenses 100 ($42k) Net assets 100 ($531k)2021 Revenue 301 ($200k) Expenses 168 ($70k) Net assets 124 ($661k)2022 Revenue 168 ($112k) Expenses 192 ($80k) Net assets 130 ($693k)2023 Revenue 248 ($164k) Expenses 364 ($151k) Net assets 133 ($706k)2024 Revenue 209 ($139k) Expenses 238 ($99k) Net assets 140 ($745k)2025 Revenue 147 ($97k) Expenses 335 ($139k) Net assets 132 ($703k)
202020212022202320242025
Revenue (147)Expenses (335)Net assets (132)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $531k to $661k (+24%).

$531k
$661k
$693k
$706k
$745k
$703k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 68% · 2021 19% · 2022 44% · 2023 15% · 2024 61% · 2025 40%. Grants only. Government contracts and fees sit inside program revenue.

42% of LAKE OF THE WOODS COUNTY FAIR ASSOC’s revenue is contributions — more earned-revenue than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 2,734 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$25k
’20
$130k
’21
$32k
’22
$13k
’23
$40k
’24
−$42k
’25
4.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202020212022202320242025
Listed444455
Joined·+0+2+1+4+1
No longer listed·02131
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
total
$6k
funders
1

From the IRS filings of LAKE OF THE WOODS COUNTY FAIR ASSOC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of LAKE OF THE WOODS COUNTY FAIR ASSOC's grant income comes from Minnesota funders.

MN

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LAKE OF THE WOODS COUNTY FAIR ASSOC has grown faster than half of the 1,510 food & nutrition nonprofits its size.

Operating margin−43% · bottom quartile
Months of reserve4.7mo · below the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 1,510 food & nutrition nonprofits under $100k, FY2025

Organizations like LAKE OF THE WOODS COUNTY FAIR ASSOC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

15
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

72%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for LAKE OF THE WOODS COUNTY FAIR ASSOC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LAKE OF THE WOODS COUNTY FAIR ASSOC?
LAKE OF THE WOODS COUNTY FAIR ASSOC (Minnesota) receives grants from 1 organization whose IRS filings report $6,000 to it, the largest being REGION 2 ARTS COUNCIL ($6,000). 0 of them have funded it in more than one year.
How many funders does LAKE OF THE WOODS COUNTY FAIR ASSOC have?
IRS filings report 1 organization giving $6,000 in grants to LAKE OF THE WOODS COUNTY FAIR ASSOC.
Who is the largest funder of LAKE OF THE WOODS COUNTY FAIR ASSOC?
REGION 2 ARTS COUNCIL is the largest funder on record, with $6,000 in grants. The full list of funders is on this page.
How can an organization like LAKE OF THE WOODS COUNTY FAIR ASSOC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Lake of the Woods County Fair Assoc →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing