THE STATE AGRICULTURAL & MECHANICAL SOCIETY OF SOUTH CAROLINA (EIN 570254875) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1941

Legal Domicile

Principal Officer

NANCY L SMITH

Phone

8037993387

Tax Period

2025-01-01 to 2025-12-31

THE STATE AGRICULTURAL & MECHANICAL SOCIETY OF SOUTH CAROLINA, founded in 1941, is a mid-sized nonprofit in the Recreation & Sports sector that reported $11.2M in total revenue in fiscal year 2025. The organization ran a surplus of $4.2M, a strong 37% operating margin.

Mission

TO PROMOTE THE MATERIAL, EDUCATIONAL, AGRICULTURAL, AND INDUSTRIAL INTERESTS OF THE STATE OF SOUTH CAROLINA. CONDUCTING THE ANNUAL SC STATE FAIR IS THE MOST SIGNIFICANT ACTIVITY OF THE ORGANIZATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $92,549

Program Service Revenue $8,594,811

Investment Income $529,838

Other Revenue $1,985,128

TOTAL REVENUE $11,202,326

Expense Breakdown

Grants Paid $390,411

Salaries & Benefits $3,030,437

Fundraising Expenses $0

Program Expenses $6,085,057

Other Expenses $3,631,472

TOTAL EXPENSES $7,052,320

Year-over-Year Comparison

	2025	2024	Change
Revenue	$11,202,326	$11,581,978	0.0%
Expenses	$7,052,320	$7,090,706	0.0%
Net Income	$4,150,006	$4,491,272	-0.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

559

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$285,611

Total Directors

$46,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY L SMITH	SEC/TREAS &	40.00	Officer	$218,327	$21,084	$239,411
J CANTEY HEATH JR	PRESIDENT	4.00	Officer Director	$10,000	$0	$10,000
WILLIAM C CANTEY III	VICE PRESIDE	1.00	Officer Director	$8,000	$0	$8,000
JOSEPH J KEENAN	EXECUTIVE CO	1.00	Officer Director	$5,200	$0	$5,200
JOHN C HEATH SR	PAST PRESIDE	1.00	Officer Director	$4,900	$0	$4,900
MICHAEL M BEAL	EXECUTIVE CO	1.00	Officer Director	$4,400	$0	$4,400
RICCI L WELCH	EXECUTIVE CO	1.00	Officer Director	$4,000	$0	$4,000
STANLEY JACKSON	EXECUTIVE CO	1.00	Officer Director	$3,900	$0	$3,900
JAMES S FULMER JR	EXECUTIVE CO	1.00	Officer Director	$2,200	$0	$2,200
MARK W BUYCK JR	EXECUTIVE CO	1.00	Officer Director	$2,100	$0	$2,100
JOSEPH J TURNER JR	EXECUTIVE CO	1.00	Officer Director	$1,200	$0	$1,200
MARK W BUYCK III	EXECUTIVE CO	1.00	Officer Director	$300	$0	$300

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$11,202,326	$7,052,320	$39,584,379	$4,150,006
2024	$11,581,978	$7,090,706	$33,759,531	$4,491,272
2023	$10,718,254	$6,074,487	$28,595,703	$4,643,767
2022	$9,715,530	$5,653,034	$23,287,816	$4,062,496
2021	$8,865,077	$4,779,078	$19,244,443	$4,085,999
2020	$877,759	$2,380,681	$14,927,301	$-1,502,922
2019	$8,104,139	$6,010,383	$16,177,926	$2,093,756
2018	$6,976,102	$6,349,257	$16,766,766	$626,845

THE STATE AGRICULTURAL & MECHANICAL SOCIETY OF SOUTH CAROLINA