MIAMI-DADE COUNTY FAIR & EXPOSITION INC

EIN: 591039811 501(c)(3) Recreation & Sports

MIAMI, FL

Total Revenue
$13,231,191
Total Expenses
$16,285,318
Total Assets
$17,854,558
Net Assets
$16,399,008
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
FL
Principal Officer
EDUARDO CORA
Phone
3052237060
Tax Period
2023-10-01 to 2024-09-30

MIAMI-DADE COUNTY FAIR & EXPOSITION INC, founded in 1952, is a mid-sized nonprofit in the Recreation & Sports sector that reported $13.2M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $16.3M exceeded revenue, resulting in a 23% operating deficit.

Mission

DEDICATED TO ENRICHING OUR COMMUNITY BY PROMOTING EDUCATION AND SOUTH FLORIDA AGRICULTURE WHILE SHOWCASING AND REWARDING THE YOUTH. OVER THE YEARS, WE HAVE DONATED OVER $10 MILLION IN SCHOLARSHIPS.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $458,222
Program Service Revenue $12,335,471
Investment Income $332,238
Other Revenue $105,260
TOTAL REVENUE $13,231,191

Expense Breakdown

Grants Paid $322,586
Salaries & Benefits $5,366,486
Fundraising Expenses $0
Program Expenses $12,649,284
Other Expenses $10,596,246
TOTAL EXPENSES $16,285,318

Year-over-Year Comparison

2023 2022 Change
Revenue $13,231,191 $14,472,935 -0.1%
Expenses $16,285,318 $14,555,910 +0.1%
Net Income $-3,054,127 $-82,975 +35.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
483
Volunteers
475

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
5
$235,021
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD KRINZMAN TREASURER 1.00
Officer Director
$0 $0 $0
MANUEL RODRIGUEZ BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIE CARPENTER BOARD MEMBER 1.00
Director
$0 $0 $0
JACK GRIFFITH BOARD MEMBER 1.00
Director
$0 $0 $0
IVONNE ALEXANDER BOARD MEMBER 1.00
Director
$0 $0 $0
ROGER CUEVAS BOARD MEMBER 1.00
Director
$0 $0 $0
DOUGLAS LORIA BOARD MEMBER 1.00
Director
$0 $0 $0
NELSON BELLIDO SECRETARY 1.00
Officer Director
$0 $0 $0
MARGUERITE MORRIS BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGINA GONZALEZ-ROBIOU IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
ALEXIS MARTINEZ CHAIR ELECT 1.00
Officer Director
$0 $0 $0
MARIA ROJAS BOARD MEMBER 1.00
Director
$0 $0 $0
RAFAEL GARCIA-TOLEDO BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT HEVIA CHAIRMAN 1.00
Officer Director
$0 $0 $0
CARLOS LOPEZ-CANTERA BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTA DOTSON DEAN BOARD MEMBER 1.00
Director
$0 $0 $0
EDUARDO CORA PRESIDENT/CEO 40.00
Officer
$228,521 $6,500 $235,021
JULIE BLANCO DIRECTOR OF COMPLIANCE & ADMIN 40.00
Highest
$117,574 $9,671 $127,245
ROSA MADRUGA DIRECTOR 40.00
Highest
$105,180 $0 $105,180
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
2024 $13,231,191 $16,285,318 $17,854,558 $-3,054,127
2023 $14,472,935 $14,555,910 $19,980,511 $-82,975
2022 $23,342,868 $15,846,362 $20,009,053 $7,496,506
2021 $4,609,357 $5,163,714 $14,839,845 $-554,357
2020 $1,720,352 $8,583,767 $15,666,768 $-6,863,415
2019 $12,506,166 $12,790,556 $19,787,884 $-284,390
2018 $11,901,372 $13,184,950 $20,922,489 $-1,283,578
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