Financial Highlights

The State Fair of Texas is a Texas nonprofit organization granted tax-exempt status by the Internal Revenue Service under Section 501(c)(3) of the Internal Revenue Code.

The Fair does not receive any government funding or support. Its nonprofit purpose is funded through the proceeds from the annual State Fair of Texas event.

State Fair of Texas Statement of Activities Summary Years Ended December 31, 2021, 2020 and 2019

  • 2022
  • 2021
  • 2020
Operating Revenues$88,414,896
Operating Expenses$73,018,905
Excess (Deficit) of Revenue
Over Expenses
$15,395,991
Realized and Unrealized Investment Gain (Loss)($2,168,512)
Tax Credit$291,653
Changes in Net Assets (Net Income)$13,519,132
Operating Revenues$75,866,798
Operating Expenses$53,781,584
Excess (Deficit) of Revenue
Over Expenses
$22,085,214
Realized and Unrealized Investment Gain (Loss)$2,170,552
Gain on Loan (PPP) Extinguishment$6,058,845
Changes in Net Assets (Net Income)$30,314,611
Operating Revenues$4,439,811
Operating Expenses$24,837,997
Excess (Deficit) of Revenue
Over Expenses
$(20,398,186)
Realized and Unrealized Investment Gain (Loss)$1,823,915
Changes in Net Assets (Net Income)$(18,574,271)

Audited Financial Statements

2022 Financial Statements

Download

Organization Documents

Amended and Restated Bylaws

Download

Restated Certificate of Formation

Download

Conflict of Interest/Ethics policy

Download

Finance/Audit Committee Charter

Download

Other Documents

The Economic & Fiscal Impacts of the 2016 State Fair of Texas

Download

IRS Form 990

For our most recent IRS Form 990, please visit www.guidestar.org.

 

Annual Reports

Each year, the Fair is committed to producing an annual report that comprehensively summarizes the previous year’s activities and efforts to fulfill our nonprofit mission. Available inside the report, you can find information on the Fair’s agricultural and educational initiatives, community involvement efforts, milestones, financial highlights and statements, and more. You can view and download the past five years of annual reports below.

2022 State Fair of Texas Annual Report

Download

2021 State Fair of Texas Annual Report

Download

2020 State Fair of Texas Annual Report

Download

2019 State Fair of Texas Annual Report

Download

2018 State Fair of Texas Annual Report

Download

2017 State Fair of Texas Annual Report

Download

2016 State Fair of Texas Annual Report

Download