2026-05-14T14:08:12-05:00 2025-06-30 141918990 TEMPLETON & COMPANY LLP 201 EAST LAS OLAS BLVD STE 1650 FORT LAUDERDALE FL 33301 990 2024-07-01 590870057 SOUTH FLORIDA FAIR & PALM BEACH COUNTY EXPOSITIONS INC SOUT 5617930333 PO BOX 210367 WEST PALM BEACH FL 334210367 MATTHEW WALLSMITH CEO 5617930333 2026-05-14 1 1 WALT MAXWELL P00186333 9543330001 2024 2025-03-06 01:10:19Z MATTHEW WALLSMITH PO BOX 210367 WEST PALM BEACH FL 334210367 24751375 0 X WWW.SOUTHFLORIDAFAIR.COM X 1976 FL THE SOUTH FLORIDA FAIR AND PALM BEACH COUNTY EXPOSITIONS, INC. IS A NON-PROFIT CORPORATION WHOSE PURPOSE IS TO PRESERVE AND PROMOTE THE AGRICULTURAL, TRADE, ENTERTAINMENT AND HISTORICAL HERITAGE OF OUR COMMUNITY. 17 17 566 600 0 0 100874 212694 22517161 22288433 765594 799669 1405128 1410240 24788757 24711036 91500 94000 0 0 6367060 6588362 0 0 0 13854735 13943627 20313295 20625989 4475462 4085047 42518193 45874570 6698365 5969695 35819828 39904875 X THE SOUTH FLORIDA FAIR AND PALM BEACH COUNTY EXPOSITIONS, INC. IS A NON-PROFIT CORPORATION WHOSE PURPOSE IS TO PRESERVE AND PROMOTE THE AGRICULTURAL, TRADE, ENTERTAINMENT AND HISTORICAL HERITAGE OF OUR COMMUNITY. 0 0 16212906 94000 22662225 THE PRIMARY PURPOSE OF THE SOUTH FLORIDA FAIR AND PALM BEACH COUNTY EXPOSITIONS, INC. IS TO PRODUCE THE ANNUAL SOUTH FLORIDA FAIR. THE FAIR IS A STATE CHARTERED DISTRICT AGRICULTURAL FAIR SHOWCASING THE SOUTH FLORIDA AREA. THE FAIR ACCEPTS ENTRIES INTO ITS AGRICULTURAL AND EDUCATIONAL COMPETITIONS FROM THE FIVE COUNTIES THAT IT IS CHARTERED TO SERVE: PALM BEACH, MARTIN, BROWARD, OKEECHOBEE AND HENDRY. WITH THE EVOLVING NATURE OF THE AGRICULTURAL INDUSTRY IN FLORIDA, WE ALSO ENCOURAGE YOUTH IN 18 FLORIDA COUNTIES TO BECOME INVOLVED IN OUR COMPETITIVE LIVESTOCK AND AGRICULTURE PROGRAMS. THROUGH THIS OUTREACH, WE HOPE TO PROMOTE THE GROWTH OF SUCH PROGRAMS THROUGHOUT FLORIDA. HIGHLIGHTS ARE A LIVESTOCK DISPLAY ENCOMPASSING OVER EIGHT ACRES, A YOUTH HORTICULTURAL DISPLAY, HUNDREDS OF YOUTH 4H AND FFA EXHIBITS AND SEVERAL PROGRAMS WHICH CONCENTRATE ON THE YOUTH OF OUR AREA THROUGH COOPERATION WITH THE LOCAL SCHOOL DISTRICT.THROUGHOUT THE REMAINDER OF THE CALENDAR YEAR, THE FAIRGROUNDS OFFERS ITS FACILITIES TO VARIOUS GROUPS AND ORGANIZATIONS WHOSE EMPHASIS IS THE BETTERMENT OF THE COMMUNITY, INCLUDING THE SCHOOL DISTRICT SCIENCE FAIR, THE SCHOOL DISTRICT'S COLLEGE AND CAREER NIGHTS, PALM BEACH COUNTY SHERIFF'S DEPARTMENT, FLORIDA NURSERY GROWER'S ASSOCIATION, AND THE DEPARTMENT OF AGRICULTURE TO NAME A FEW. THE FAIR ALSO PROVIDES SEVERAL EDUCATIONAL OPPORTUNITIES TO LOCAL ELEMENTARY SCHOOL STUDENTS. THESE INCLUDE SCHOOL TOURS HIGHLIGHTING THE HISTORY OF EARLY FLORIDA IN THE FAIR'S YESTERYEAR VILLAGE, SCHOOL TOURS OF THE FAIR'S EXTENSIVE AGRICULTURAL EXHIBITS DURING THE ANNUAL SOUTH FLORIDA FAIR, PROGRAMS IN EMBRIOLOGY AND A PROGRAM THAT ENCOURAGES STUDENTS TO READ BOOKS ABOUT AGRICULTURE OR WITH THEMES THAT CENTER ON AGRICULTURE. FINALLY, THE FAIR ASSISTS LOCAL YOUTH THROUGH ITS SCHOLARSHIP FUND, WHICH SINCE THE EARLY 1980'S, HAS SUPPLIED OVER $700,000 IN GRANTS TO WORTHWHILE STUDENTS. GRANTS PAID FOR THE CURRENT YEAR TOTALED $94,000. 16212906 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 362 0 566 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X FINANCE OFFICE 5617930333 PO BOX 210367 WEST PALM BEACH FL 33421 REBECCA ISIMINGER CHAIR 5.00 X X 0 0 0 THERESA LEPORE VICE CHAIR 5.00 X X 0 0 0 PAUL ALLEN TREASURER 5.00 X X 0 0 0 DAVID J DEMAY SECRETARY 2.00 X X 0 0 0 ROBERT WEISMAN IMMEDIATE PAST CHAIR 5.00 X X 0 0 0 MABEL DATENA TRUSTEE 2.00 X 0 0 0 DONALD P DUFRESNE TRUSTEE 2.00 X 0 0 0 PATRICK FRANKLIN TRUSTEE 2.00 X 0 0 0 MICHAEL E GAUGER TRUSTEE 2.00 X 0 0 0 GLENN JERGENSEN TRUSTEE 2.00 X 0 0 0 KEVIN MCGINLEY TRUSTEE 2.00 X 0 0 0 GREG RICE TRUSTEE 2.00 X 0 0 0 JOHN M SEVERSON TRUSTEE 2.00 X 0 0 0 ROBERT D SHORR TRUSTEE 2.00 X 0 0 0 KELLY SMALLRIDGE TRUSTEE 2.00 X 0 0 0 KEITH WEDGWORTH TRUSTEE 2.00 X 0 0 0 DONNA WINTERSON TRUSTEE 2.00 X 0 0 0 MATTHEW WALLSMITH PRESIDENT/CEO 40.00 X 224408 0 39657 LANCE C FUCHS GENERAL COUNSEL/ASSISTANT SECRETARY 5.00 X 0 0 0 SHAMEL JALAHEJ CFO 40.00 X 117502 0 13124 BECKY BRASHEAR DIR. OF BUSINESS DEVELOPME 40.00 X 120843 0 10507 RITA DEMIER DIR. OF BRAND DEVELOPMENT 40.00 X 115723 0 19364 ANABELL MANNERS EXPO SALES MANAGER 40.00 X 105890 0 10141 THERESA AGRICOLA SPONSORSHIP MANAGER 40.00 X 100411 0 19357 ALEX RODRIGUEZ DIR. OF OPERATIONS 40.00 X 109018 0 15523 VICTORIA CHOURIS FORMER PRESIDENT/CEO 40.00 X 174800 0 6038 1068595 0 133711 8 1 1 0 WADE SHOWS INC PO BOX 51730 LIVONIA MI 48151 MIDWAY RIDES 2252566 PALM BEACH COUNTY SHERIFF'S DEPARTMENT PO BOX 24681 WEST PALM BEACH FL 33416 SECURITY 966302 THE BALDWIN GROUP 4211 W BOY SCOUT BLVD SUITE 800 TAMPA FL 33607 INSURANCE 928113 FPL 700 UNIVERSE BOULEVARD JUNO BEACH FL 33408 ELECTRICITY 601616 LIVE NATION WORLDWIDE INC 601 SANSBURYS WAY 7 WEST PALM BEACH FL 33411 ENTERTAINMENT 310260 5 27000 185694 212694 ANNUAL FAIR 713110 15331583 15331583 EXPO CENTER 713110 5071830 5071830 FRIGHT NIGHT 713110 1546478 1546478 ANCILLARY SERVICES 713110 338542 338542 22288433 799669 799669 1038882 0 1038882 1038882 1038882 37905 27000 40339 -2434 -2434 AMPHITHEATRE PARKING 900099 235398 235398 OTHER REVENUE 900099 138394 138394 373792 24711036 22662225 0 1836117 94000 94000 399208 259485 139723 5333584 3005586 2327998 105704 68708 36996 367607 238945 128662 382259 226316 155943 120000 120000 71971 71971 891999 813302 78697 568861 567236 1625 1293277 1023892 269385 166943 150249 16694 1642826 1478543 164283 1014688 764766 249922 MIDWAY EXPENSE 2963333 2900624 62709 MUSIC & ENTERTAINMENT 1575145 1575145 FAIR SECURITY 1254225 1254225 OTHER EXPENSES 1121029 1068721 52308 1259330 603163 656167 20625989 16212906 4413083 0 1375877 1397115 17611244 21294054 1355721 628671 348943 306303 58259388 36012461 21824908 22246927 1500 1500 42518193 45874570 1163603 1100812 553521 439426 4981241 4429457 6698365 5969695 X 35773805 39852837 46023 52038 35819828 39904875 42518193 45874570 4085047 0 X X 0 1 X 1 0 X 1870155 994650 78945 100874 212694 3257318 13123260 17191159 22867095 22517161 22288433 97987108 14993415 18185809 22946040 22618035 22501127 101244426 0 0 0 101244426 371306 1155706 1252118 2082707 1838581 6700418 371306 1155706 1252118 2082707 1838581 6700418 2608 22969 67421 66535 147653 307186 15367329 19364484 24265579 24767277 24487361 108252030 0.93530 0.93990 0.06190 0.05730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 6354641 6354641 43293041 29823618 13469423 7840258 6188843 1651415 771448 771448 22246927 X 24751375 40339 40339 24711036 0 24711036 20666328 40339 40339 20625989 0 20625989 PART III, LINE 4: HISTORICAL ARTIFACTS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ORGANIZATION'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENTS OF FINANCIAL POSITION. THE ORGANIZATION'S HISTORICAL ARTIFACTS INCLUDE BUILDINGS AND EXHIBITS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR PUBLIC EXHIBITION AND EDUCATIONAL PURPOSES. PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, ALTHOUGH UNRELATED BUSINESS INCOME IS SUBJECT TO TAX. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2025 OR 2024. THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, WHICH STATES THAT MANAGEMENT'S DETERMINATION OF THE TAXABLE STATUS OF AN ENTITY, INCLUDING ITS STATUS AS A TAX-EXEMPT ENTITY, IS A TAX POSITION SUBJECT TO THE STANDARDS REQUIRED FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT DOES NOT BELIEVE THAT THE ORGANIZATION HAS ANY SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S TAX RETURNS FOR TAX YEARS PRIOR TO 2022 ARE NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 40,339. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 40,339. GOLF TOURNAMENT 58270 27000 31270 9683 28172 1248 SILENT AUCTION 6635 6635 1236 64905 27000 37905 9683 28172 2484 40339 -2434 1 COLLEGE SCHOLARSHIPS 30 94000 PART I, LINE 2: ALL SCHOLARSHIP FUNDS ARE SENT DIRECTLY TO THE RESPECTIVE SCHOOLS. X X X 0 0 0 0 0 0 0 0 0 MATTHEW WALLSMITH PRESIDENT/CEO 224408 0 0 0 0 0 27000 0 12657 0 264065 0 0 0 VICTORIA CHOURIS FORMER PRESIDENT/CEO 174800 0 0 0 0 0 3019 0 3019 0 180838 0 0 0 A PALM BEACH COUNTY FLORIDA 596000785 000000000 2022-09-23 5700000 REFUND A PRIOR BOND ISSUE DATED 8/27/2010 0 0 0 A 5700000 94293 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FOSTER & FUCHS PA FIRM PARTNER IS AN OFFICER 120000 LEGAL SERVICES 0 NAPA AUTO PARTS VP OF PERFORMANCE IS A TRUSTEE 5679 AUTO PARTS 0 FORM 990, PART VI, SECTION A, LINE 2 MIKE BUBIS, PAST CHAIR AND JONATHAN "JACK" FROST, DISTINGUISHED TRUSTEE ARE GREATER THAN 10% OWNERS IN THE SAME BUSINESS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS EMAILED TO THE TRUSTEES FOR AN INDEPENDENT REVIEW. THE TRUSTEES MAY MAKE INQUIRIES AND DISCUSS QUESTIONS THEY HAVE WITH STAFF, WHICH MAY MAKE OR RECOMMEND CHANGES TO THE DRAFT RETURN. AFTER ALL INQUIRIES ARE CLEARED AND ADJUSTMENTS MADE, IF ANY, THE TAX PREPARER SUBMITS A SECOND DRAFT TO THE STAFF FOR THE FINAL REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, TRUSTEES, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST AS IT ARISES. A CONFLICT OF INTEREST DISCLOSURE AND CERTIFICATE OF COMPLIANCE ARE REQUIRED FROM ALL BOARD MEMBERS EVERY YEAR. THE SOUTH FLORIDA FAIR REQUIRES ALL BOARD MEMBERS TO COMPLY WITH THE ORGANIZATION'S CORPORATE GOVERNANCE GUIDELINES AND BOARD MEMBERS' CODE OF CONDUCT. INCLUDED IN THIS DISCLOSURE ARE ORGANIZATIONS, PARTNERSHIPS, CORPORATIONS, BUSINESSES OR OTHER LEGAL ENTITIES, WHETHER FOR PROFIT OR NOTFORPROFIT, IN WHICH THE UNDERSIGNED IS A DIRECTOR, TRUSTEE, OFFICER, PARTNER, EMPLOYEE, AND/OR OWNS OR CONTROLS MORE THAN 5% OF THE VOTING SECURITIES. THESE FORMS ARE COMPLETED, SIGNED, AND TURNED INTO THE CEO WHO REVIEWS AND FILES THE DISCLOSURES. ANY POTENTIAL CONFLICT IS BROUGHT TO THE ATTENTION OF THE BOARD OF TRUSTEES AND DISCLOSED. POTENTIAL CONFLICTS ARE ALSO BROUGHT TO THE ATTENTION OF KEY STAFF MEMBERS AND LEGAL COUNSEL TO DETERMINE THE APPROPRIATE ACTIONS THAT NEED TO TAKE PLACE TO REMAIN IN COMPLIANCE WITH ALL RULES AND REGULATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT/CEO IS SET BY CONTRACT, WHICH IS REVIEWED BY THE OFFICERS OF THE BOARD OF TRUSTEES MEETING AS A COMPENSATION COMMITTEE. THE TERMS OF THE CONTRACT ARE DISCUSSED AT LENGTH AND VOTED ON BY THE MEMBERS OF THIS COMMITTEE. FOLLOWING APPROVAL, THE CONTRACT IS BROUGHT BEFORE THE ENTIRE BOARD OF TRUSTEES FOR FINAL APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 REQUESTS TO REVIEW THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS MAY BE WRITTEN OR ORAL, BUT HAS TO BE MADE DIRECTLY TO THE ORGANIZATION. PERSONS MAKING THE REQUEST FOR THE DOCUMENTS RECEIVE THE DOCUMENTS IN THE FORMAT THEY REQUEST THEM TO BE SENT, WHETHER BY MAIL, FAX OR EMAIL. PART XII, LINE 2C: THE COMMITTEE HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS.