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Filing year 2023

IOWA STATE FAIR FOUNDATION

Des Moines, Iowa·EIN 42-1376689·NTEE N520 · Recreation & Sports·501(c)(3)
Total revenue
$14.8M
Total assets
$26.3M
Total expenses
$6.5M
Reported officers
18
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Recreation & Sports organizations nationwide.

Executive Director
Above 90th percentile
$281k
$311k
Base
$235k
Bonus
$3k
Other
Benefits
$46k
Assistant Director
Board Member
Above 90th percentile
$115k
$127k
Base
$92k
Bonus
$1k
Other
Benefits
$31k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Recreation & Sports

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at IOWA STATE FAIR FOUNDATION equaled 4% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2023)
4%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,435 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 22%
over 3 years

From $230k in 2020 to $281k in 2023.

$230k
2020
$264k
2022
$281k
2023
In today's dollarsEst.
Up 4% in real terms$300k to $311k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 22% from 2020 to 2023, while revenue rose 309%.

$230k in 2020 to $281k in 2023.
  • Board Member pay fell 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2020 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

IOWA STATE FAIR FOUNDATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$3.6M
$5.6M
2020
$5.3M
$6.5M
2022
$14.8M
$6.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Recreation & Sports executives earn in Iowa

Comparable recreation & sports organizations in Iowa pay their highest-earning executive a median of $25,634.

25th percentile
$7k
Median
$25,634
75th percentile
$67k
90th percentile
$115k

These are recreation & sports sector-wide figures, not this organization's reported pay. Based on 90 organizations across 90 filings (2022 – 2024).

See full Recreation & Sports pay data for Iowa
FAQ

Common questions about IOWA STATE FAIR FOUNDATION

What does the Chief Executive Officer of IOWA STATE FAIR FOUNDATION earn?

In 2023, the Chief Executive Officer of IOWA STATE FAIR FOUNDATION received $281,380 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Recreation & Sports organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IOWA STATE FAIR FOUNDATION compare with similar nonprofits?

Compared with the same role at Recreation & Sports organizations nationwide, the 2023 pay of the Chief Executive Officer at IOWA STATE FAIR FOUNDATION falls in the top 10%. In 2023, the highest total compensation at IOWA STATE FAIR FOUNDATION equaled 4% of the organization's total expenses. The median for recreation & sports organizations is 8%.

What are IOWA STATE FAIR FOUNDATION's revenue and expenses?

In 2023, IOWA STATE FAIR FOUNDATION reported $14.8M in total revenue and $6.5M in total expenses on its IRS Form 990.

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