EXPERIENCE THE DIFFERENCE. Table of contents Indiana State Fair Commission, Board & Staff 3 Executive Director’s Report 4 Indiana State Fair Foundation 5 Coliseum Renovation & Youth Arena 6 Soybean Legacy Project – The Glass Barn 8 Strategic Planning 10 2012 Indiana State Fair 12 Balance Sheet 14 Income Statements 15 Comparative Analysis 17 Revenue and Expense Graphic Representation 18

2012 Indiana State Fair 4-H Sale of Champions

ISSION: MTo preserve and enhance the Indiana State Fairgrounds and the annual Indiana State Fair for the benefit of all citizens of Indiana.

2 Indiana State Fair Commission 2012 Indiana State Fair Commission, Board & Staff Commission

Andre B Lacy, Chairman Beth Bechdol Joe Kelsay, Governors Representative: Director, Department of Doug Huntsinger Ted McKinney Steve Simmerman, President Agriculture Indiana State Fair Board Representative Bob Cherry, Senator James Merritt, Dana Huber Matthew Rekeweg, State Fair Legislative State Fair Legislative Advisory Committee Center for Ag Sciences & Heritage Advisory Committee Susan Hayhurst Board of Trustees

Commission Staff Cynthia C. Hoye, David Shaw, Justin Armstrong, Mark Anderson, Executive Director COO Director of Advancement Director of Human Resources

Dave Howell, James Hamstra, Kristen Wolfred, Ray Allison, Director of Facilities & Maintenance General Counsel Director of Strategic Projects Director of Operations

David Ellis, Jessie Olvera, Margaret Davidson, CFO Director of Safety & Security Chief Marketing Officer

Fair Board Elected District 1: Steve Simmerman, District 5: Todd Uhl, District 2: Lee Ann Eizinger, District 6: Steve Patterson, Battleground Corydon Rochester Brownsburg

District 2: Bill Leininger, District 6: Jim Lankford, District 3: Jackie Bell, District 7: Al Polin, Akron Martinsville Avilla Indianapolis

District 3: Patrick Barker, District 7: Thomas Gary, District 4: Bryan Messersmith, Ex Officio Members Kendallville Indianapolis Sheridan Governor Mitch Daniels Representative: Doug Huntsinger District 4: Stanley Poe, Appointed District 5: Paul Graf, Franklin Sellersburg Joe Kelsay, Director, District 1: Alan Washburn, Department of Agriculture Kentland Dr. Chuck Hibberd Indiana Cooperative Extension Indiana State Fair Advisory Committee Representative Representative Senator Senator Bill Ruppel Bob Bischoff Phil Boots James Merritt, Chairman

Representative Representative Senator Senator Kreg Battles Phyllis Pond Richard Young Jim Lewis

To be a premier year-round gathering place that maximizes its resources to host a wide range of diverse activities. To be recognized as the best State Fair in the country, showcasing agriculture & youth in an educational, entertaining and safe environment. VISI ON :

Annual Report 3 Executive Director’s Report

INSPIRING! That’s the only Speaking of the fair, the 2012 edition was a success! With challenges way to describe 2012, as the from weather and early school start dates, we attracted crowds of Commission, Fair Board and 70,000 or more on three different days for just the second time entire staff finished out what since we went to the 17-day format. The “Year of Dairy Cows” was was an amazing year. From an a huge hit with fairgoers, as was the new DuPont Food Pavilion. extremely strong show season Both programs helped us further our efforts to educate the public in the first half of the year to our about agriculture. Cindy Hoye great Indiana State Fair where we certainly “Celebrated the Hoosier Spirit” to historic events The fair also benefitted from the new safety policies instituted and which guide our future. After many years of analysis and meetings the prioritization from the Commission regarding a safety culture with our Stakeholders, the Indiana State Fair Commission was throughout the year. New Chief Operating Officer David Shaw and successful in the dream of renovating the Fairgrounds Coliseum. new Security Director Jessie Olvera oversaw the creation of our This historic treasure – and the signature facility of our 250 acre Comprehensive Emergency Management Plan, which has become complex – has been serving the fairgrounds and all of Indiana the “gold standard” for large events like ours. We activated the plan proudly since 1939, but it desperately needed to be updated to several times throughout the fair and received widespread praise in current building codes. Thanks to years of planning and prepa- response to a variety of situations. ration, spearheaded by Commission Chairman Andre Lacy and Governor Daniels, the demolition of the Coliseum’s interior finally We are entering the final year of our three-year strategic plan, which began in October. has been instrumental in pushing us to achieve some tremendous goals internally and externally. There is more about that in the fol- While the Coliseum renovation is the highlight of our renovation lowing pages, and we look forward to continuing on the path we’re plans, it isn’t the only major construction project. The Indiana on. These are exciting times at the State Fairgrounds… thanks for Soybean Alliance also broke ground in October on its new legacy being part of it! project, the Indiana Farming Experience, also known as “The Glass Barn.” This $2.9 million project, funded through the soybean check-off program, will be used to improve the understanding of how our food is grown and raised before it lands on our tables. Cynthia C. Hoye The 4,500 square foot “transparent” facility will feature interactive Executive Director, Indiana State Fair Commission exhibits and live video feeds from Hoosier family farms. It will be a major component of our education program “The State’s Larg- est Classroom”, as well as, a huge attraction during the State Fair in 2013.

4 Indiana State Fair Commission Indiana State Fair Foundation

Those words have been very prophetic. Millions of dollars have been What is the Indiana State Fair Foundation? pledged during the quiet phase of the Coliseum Campaign. Soon, the campaign will go public and even more people will be offered The Indiana State Fair Foundation is a 501 (c)(3) the opportunity to be part of the most significant project in the State public charity, qualified to accept tax deductible Fairgrounds’ 120-year history. bequests, devises, transfers and gifts dedicated to support the year-round youth development, educa- “It’s been humbling for me to hear the stories from people all over tion and campus stewardship projects of the Indiana Indiana about their connection to the Coliseum,” Armstrong said. State Fair Commission. “This building has created lifelong memories for generations of families through concerts, cattle shows, sporting events and gradua- Officially created by the State Legislature 2011, the Indiana State tions. It’s a major part of the city’s history and we are eager to reach Fair Foundation is the “behind the scenes” driving force behind the our campaign goals and reopen the building for future generations.” Fairgrounds Coliseum renovation project. Led by Director of Advance- ment Justin Armstrong, the foundation has quietly been working to With so much focus on the Coliseum renovation, it’s easy to forget promote and generate funding for the $63 million project that is at that the foundation is also guiding the creation of the new $2.9 million the center of the State Fairgrounds’ revenues. Soybean Legacy Project on the fairgrounds’ north side. It’s even easier to forget that the foundation isn’t solely about facility renova- “This legislation makes for a wonderful vehicle to grow the State Fair tions. Future funds will also be designated for programs that better outside of the use of state funds,” Sen. Jim Merritt, R-Indianapolis, recognize the hard work of youth from all over the state. said when his bill creating the foundation was signed into law. “Having the opportunity to solicit donations to benefit the fair directly would significantly speed up facilities renovations and projects.”

“The Indiana State Fair will always be centered on agriculture, youth and education,” Executive Director Cindy Hoye said. “This foundation only helps us emphasize that.”

Annual Report 5 COLISEUM RENOVATION & youth ARENA

“This is the most important capital project in the 120-year history of the Indiana State Fairgrounds,” State Fair Commission Chairman Andre Lacy said. “Bringing the Coliseum up to modern day standards ensures its viability for at least another 50 years and is the responsible thing to do – for the State Fairgrounds and the city of Indianapolis.”

The Coliseum is scheduled to reopen in August, 2014.

Only months into its 22-month, $63 million renovation, the historic Indiana State Fairgrounds Coliseum has already undergone dra- matic changes. The seats, concessions stands and everything else inside the 74 year-old structure have been removed, and the 268 tons of steel being used on the adjoining “New Arena” have been erected.

Once completed, the new Fairgrounds Coliseum will boast India- napolis’ only mid-sized, multi-purpose arena with seating for up to 8,200 people. The new Coliseum will showcase a variety of events, including the Indiana State Fair’s major livestock shows and its headline concert series each August. Throughout the year, it will also host professional, collegiate and high school sports, commencements and graduations, national touring concerts, national livestock events, family entertainment shows and more.

The renovation includes a restoration of the iconic, Art Deco style exterior along with a completely updated interior that includes double-tiered seating, a new video scoreboard and a modern sound system. A video of the new-look Coliseum can be viewed at http://youtu.be/U2s-3A_bAs8.

6 Indiana State Fair Commission COLISEUM RENOVATION & Youth ARENA

Construction of the Youth Arena is currently about 10 percent complete. It will be completed in July, 2013, allowing it to host many events for the 2013 Indiana State Fair.

Kansas City-based Populous is the design firm responsible for the project’s architecture and engineering. The company has completed hundreds of high profile arenas and stadiums around the world. Hunt Construction Group of Indianapolis is the construction manager on the project. They also oversaw the construction of local landmarks like The Youth Arena Lucas Oil Stadium and the downtown J.W. Marriott. A major part of the renovation is the construction of a new, second arena that will adjoin the Coliseum on its south side. This 33,000 square foot facility will feature a floor comparable in size to the Coliseum’s with seating for around 500 people. The addition of this arena will allow concurrent events to take place inside both facilities throughout the year.

“This Youth Arena is vital to the overall project,” Chairman Lacy said. “It will allow us to grow year-round revenues and keep things like public skating, youth hockey games and horse shows going on while we host a concert or circus in the Coliseum.”

Annual Report 7 SOYBEAN LEGACY PROJECT - THE GLASS BARN

Just two percent of Americans now live on functioning farms. Is it “People love the farms dotting our rural landscape and we want any wonder why people – especially children – don’t understand to invite them to visit our farm families through the use of technol- where their food comes from? Indiana Soybean farmers are looking ogy we all use in our daily lives,” Indiana Soybean Alliance Chief to change that. Executive Officer Jane Ade Stevens said.

The Indiana Farming Experience, an interactive exhibit designed to The new $2 million building, designed by Jonathan Hess of Brown- engage and educate visitors about farming and modern agriculture ing Day Mullins Dierdorf Architects, will bring today’s working farms techniques, debuts at the 2013 Indiana State Fair inside a brand new right inside the fairgrounds. It is constructed largely of glass (thus, 4,500 sq. ft. building that’s been dubbed “The Glass Barn.” the “Glass Barn” moniker), providing a unique setting that is sure to capture the attention of people outside and “wow” them once inside. The facility, nestled on the north side of the fairgrounds’ 250-acre campus, is designed to immerse visitors into the every-day life of a “It’s a top priority for grain farmers to reconnect with consumers,” grain and livestock farm family, showing them how the high-tech tools said Indiana Soybean Alliance President and soybean farmer people use in their every-day lives also are used to grow soybeans, Kevin Wilson of Walton, Ind. “Since most folks don’t have family corn and livestock. The exhibit’s different components and satel- members still living on the farm, people don’t realize how farms lite video links to working Hoosier family farms are a stark contrast have changed while the generations of family farmers who run the to the neighboring exhibit, Pioneer Village, which pays homage to farms are the same.” Indiana’s agricultural past.

8 Indiana State Fair Commission SOYBEAN LEGACY PROJECT - THE GLASS BARN

After its debut at the 2013 State Fair, the Glass Barn will continue to Funded primarily through the soybean check-off program, the Indiana draw visitors year-round as a key addition to the State Fairgrounds’ Farming Experience and the Glass Barn are sure to leave long-lasting agricultural education program called The State’s Largest Classroom impressions on visitors for years to come. (SLC). Created in 2006, The State’s Largest Classroom has educated more than 40,000 elementary and middle school aged youth through on-site field trips that meet academic proficiencies. The facility will serve as the Welcome Center for the SLC as well as the home for a distance learning program on farming that will take the farm back out to students who can’t come to the fairgrounds for programming.

Annual Report 9 STRATEGIC PLANNING

Strategically Doing - 2012 FACILITY MANAGEMENT

The Indiana State Fair Commission is now two years into their three- The primary focus of this goal area is to improve the facilities year strategic plan focusing on five key goal areas. The Commission (buildings & grounds) for Fair and non-Fair use. Initial efforts and Staff are incredibly proud of the efforts and progress made in included developing a plan for a large scale renovation of the transforming our Strategic Planning into Strategic Doing. Our ac- Pepsi Coliseum. Other objectives in this area include upgrad- complishments are numerous. ing our technology infrastructure and developing a preventative maintenance plan. ENGAGEMENT

In 2012, the Facility Management Team’s accomplishments were The primary focus of this goal area was new fundraising efforts many and included: through the creation of a non-profit State Fair Foundation. Initial ef- • The beginning of the Coliseum Complex Project in forts have centered around a capital campaign to raise funds for the September renovation of the Pepsi Coliseum. This goal area is also concerned • The completion of a phased renovation plan for the historic with increasing sponsorship opportunities, building relationships with Speed Barns contemporary agriculture entities to support our mission of educating • Work on the fiber optic ring for the facility the public about agriculture, and engaging members of our surround- • Implementation of electronic point-of-sale at the gates ing community by becoming involved in their organizations. both year-round and during the Fair • Participation in the Lilly Day of Service with Keep In 2012, the Engagement Team saw great success with the following Indianapolis Beautiful and Eli Lilly bringing over three primary accomplishments: 900 volunteers to the Fairgrounds to assist with • Reaching the goal of $7 million in capital fundraising for the beautification projects around the facility. Coliseum Complex Project • Breaking ground on the Glass Barn on the north side of YEAR-ROUND SALES & MARKETING the property through a gift from the Indiana Soybean Alliance and Indiana Corn Growers Association The primary focus of this goal area is non-Fair event sales and • Becoming involved in our surrounding neighborhood also focuses on how we interact with existing customers and build associations and “quality of life” planning groups in the area stronger relationships with show producers.

10 Indiana State Fair Commission STRATEGIC PLANNING

In 2012, the Year-round Sales & Marketing Team hit the ground running FINANCE and made great strides in recreating the brand of the facility: • Developed a new brand for year-round business including This goal area focuses on the hard numbers that are driving the strategic a new web site and sales collateral plan. Everything done in the other goal areas will help us achieve the • Developed a customer satisfaction survey for show producers outcomes outlined in this area. • Hosted 71 new events with 29 coming from underserved markets and 17 booking dates for 2013 In 2012, the Finance Team was tasked with financing the largest single renovation project in the history of the Indiana State Fairgrounds, in STATE FAIR addition to maintaining a fiscally responsible budget: • Coliseum Complex financing was secured with a final closing The primary focus of this goal area is to improve the annual State on November 9, 2012 Fair. This will be done through the creation of signature elements and • Continued to identify areas of business that could be new programming that will expand our base of attendees and sound outsourced fiscal decisions.

In 2012, the State Fair Team was busy bringing new programming and improved free entertainment to the Great Indiana State Fair: • Introduction of the new DuPont Food Pavilion featuring all things “food” for our fairgoers • Increased the offering of free entertainment by 125% although the goal was 20% • Initiated plans for a new kiddieland midway and the completion of the Glass Barn for the 2013 Indiana State Fair

Annual Report 11 2012 Indiana State Fair

CELEBRATING THE HOOSIER SPIRIT

Indiana has always had a unique sense of pride, a sense of at our 2012 Indiana State Fair. Hoosiers from all over the state

family, always bountiful and rich. While defining a HOOSIER gathered at our 250 acre campus to enjoy family times, creating

may be difficult, defining the spirit we all share certainly is not. memories that will last a lifetime. The ISFC Staff created a truly

This spirit of coming together has never been more evident than remarkable event once again.

12 Indiana State Fair Commission 2012 Indiana State fair

Annual Report 13 Indiana State Fair Commission Balance Sheet INDIANA STATE FAIR COMMISSION as of DecBalanceember Sheet 31 | 2012 as of December 31, 2012

Assets Current Assets Cash & Equivalents $ 6,741,771 Cash & Equivalents, Restricted 199,744 Accounts Receivable, Trade 772,504 Accounts Receivable, Interest 2,720 Accrued Revenue 3,155 Prepaid Expense 94,633 Inventory 88,402 Total Current Assets 7,902,929 Noncurrent Assets Investments - Investments, Restricted 58,407,113 Deferred Charges, Bond Issuance Costs 642,467 Total Noncurrent Assets 59,049,580 Construction in Progress 7,153,377 Property, Plant & Equipment Land & Improvements 14,962,813 Buildings & Improvements 75,743,195 Machinery & Equipment 4,034,599 Office Furniture & Equipment 1,246,448 Less: Accumulated Depreciation (58,292,872) Total Property Plant & Equipment 37,694,183 Total Assets $ 111,800,069

Liabilities & Fund Equity Current Liabilities Payable from Unrestricted Funds Accounts Payable $ 437,223 Salaries Payable 45,691 Payroll Withholdings Payable 100,176 Revenue Bonds Payable -Current 1,275,000 Taxes Payable 6,080 Deferred Income 180,917 Compensated Absences Payable-Current 181,327 Total Current Liabilities 2,226,414 Long-Term Liabilities Revenue Bonds Payable - Long Term 60,890,000 Premium on Bond Payable 7,402,961 Unamortized Bond Discount (361,861) Unamortized Loss on Sale of Bonds (13,107) Net Pension Liability 68,075 Compensated Absences Long Term Payable 125,602 Total Long-Term Liabilities 68,111,670 Total Liabilities 70,338,084 Net Assets Invested In Capital Assets Net of Related Debt 33,686,713 Dedicated Funds 199,744 Unrestricted 7,575,528 Total Net Assets 41,461,985 Total Liabilities & Fund Equity $ 111,800,069

* All 2012 financial data in this report are based on unaudited results. 14 Indiana State Fair Commission Indiana State Fair Income Statement For Year Ended December 31 | 2012 INDIANA STATE FAIR COMMISSION Indiana State Fair Income Statement For Year Ended December 31, 2012

Operating Revenues Fair Operations Gates $ 3,320,361 Concessions/Midway 2,136,601 Entertainment 993,997 Sponsorship 1,708,194 Expense Reimbursement 129,937 Sports/Events 118,520 Livestock 412,404 Shuttle Bus 200,489 Parking 960,269 Other 512,390

Total Fair Operations Revenue 10,493,162

Operating Expenses Fair Operations Payroll 2,164,342 Services other than Personal 265,070 Services by Contract 6,289,473 Materials, Parts & Supplies 777,652 Awards 613,702 Travel 25,333

Total Fair Operations Expense 10,135,572

Net Income (Loss) $ 357,590

* All 2012 financial data in this report are based on unaudited results. Annual Report 15 Indiana State Fairgrounds Income Statement For YearINDIANA Ended STATE DFAIRec COMMISSIONember 31 | 2012 Fairgrounds Income Statement For Year Ended December 31, 2012

Operating Revenues Fairgrounds Operations Concessions 774,399 Rental of Buildings, Grounds, & Equipment 2,840,078 Expense Reimbursement 1,834,217 Events 4,524 Ice Skating & Skate Shop 263,591 Parking 1,266,605 Sponsorships 143,750 Other 39,887

Total Fairgrounds Operations Revenue 7,167,051

Operating Expenses Fairgrounds Operations Expense Payroll 4,870,639 Services other than Personal 2,035,332 Services by Contract 4,543,909 Materials, Parts & Supplies 984,782 Awards 574,864 Depreciation Expense 4,074,176 Land/Structures/Equipment 116,555 Travel 6,742

Total Fairgrounds Operations Expense 17,206,999

Net Income (Loss) from Operations (10,039,948)

Non-Operating Revenues (Expenses) Property Tax Distribution 167,708 General Fund Appropriations 1,612,957 Pari-Mutuel, Off-track Betting Distribution 215,262 Riverboat Distribution 6,218,802 Commercial Vehicle Excise Tax 20,780 Standardbred Racing Fund 1,250,000 Interest Income 9,682 Interest Expense 2002 Bond (Bond Debt Service) (410,313) Contributions and Grants 630,608

Total Non-Operating Revenues (Expenses) 9,715,486

Net Income (Loss) $ (324,463)

* All 2012 financial data in this report are based on unaudited results.

16 Indiana State Fair Commission IndianaINDIANA State STATE FAIRFai rCOMMISSION Commission Comparative Analysis Comparat($000's)ive Analysis ($000’s)

2008 2009 2010 2011 2012 Fair Income $ 10,303 $ 10,609 $ 11,908 $ 8,380 $ 10,493 Expense 8,968 9,698 10,682 8,069 10,136

Income Net of Expenses $ 1,335 $ 911 $ 1,226 $ 311 $ 357

Fairgrounds Income $ 15,099 $ 16,112 $ 13,475 (2) $ 14,134 $ 16,653 (7) Expense 12,430 11,620 10,862 13,124 13,543

Income Net of Expenses (1) 2,669 4,492 2,613 1,010 3,110

Less Depreciation (3,899) (4,243) (3,955) (3,980) (4,074)

Other Revenue/(Expense) 332 (3) 118 (4) 642 (5) 445 (6) 640 (8)

Net Income/(Loss) (898) 367 (700) (2,525) (324)

Footnotes: (1) Income Net of Expenses is used primarily for funding revenue bond debt and fixed asset additions.

(2) Over $2 million decrease is State Funding from Property Tax/General Fund Appropriations.

(3) Contributions of $120,000 from Center for Agriculture and Science Heritage towards the expense of renovating the Normandy Barn, $108,000 from RAMC LLC for the construction of the Mac Reynolds Barn, and $50,000 and $10,000 from Farm Bureau Insurance and North American Midway Entertainment, respectively, towards the construction of the Covered Bridge. Remaining is primarily individual donations toward the Covered Bridge project.

(4) Primarily $55,000 donation from Dow AgroSciences for their continued support of the renovation of Discovery Hall, $36,400 and $21,400 from the Indiana Department of Energy and Indianapolis Power & Light respectively for support of green initiatives. The remaining is individual donations.

(5) Combination of $336,880 from State Horse Racing Commission and $5,100 from Hoosier Park to supplement premiums and expenses related to harness racing events; $107,756 received from IDOT to assist with costs associated with the 39th Street Bridge project; $49,998 from Indiana Homeland Security to install security cameras; $37,500 from Indiana Standardbred Association to help maintain one mile dirt track; the remaining from donations primarily related to the 2011 Indiana State Fair (including a single contribution of $15,000 from Elanco) benefiting the Youth Development Fund.

(6) The State Horse Racing Commission contributed $341,940 for purse money for harness races held at the Fairgrounds and Purdue Ag Alumni gave $51,530 to assist in contruction costs for a new barn in Pioneer Village.

(7) The increase in revenue is partially due to a one time $1 million appropriation from the State Office of Budget and Management to help mitigate expenses related to the collapse investigation, combined with $1.25 million received from the Standardbred Racing Fund.

(8) The Indiana Soy Bean Alliance contributed $340,840 towards the construction of a Glass Barn, the State Horse Racing Commission contributed $233,000 for purse money for harness races held at the Fairgrounds and Indiana Homeland Security gave $47,234 to assist in the installation of securtiy cameras.

* All 2012 financial data in this report are based on unaudited results.

Annual Report 17 Indiana State Fair Commission Revenue and ExpenINDIANAINDIANAs eSTATE STATE Graph FAIR FAIR COMMISSION COMMISSIONic Representation ComparativeComparative Analysis Analysis INDIANAINDINDIANAIANA STATE SSTATETATE FAIR FFAIRAIR

OperationsOperations Revenue Revenue OperationsOperations Expenses Expenses ServicesServices otherother than than Personnel OtherOther Personnel 3% 5%5% 3%

GatesGates TravelTravel PayrollPayroll ParkingParking 32%32% 0%0% 21%21% 9%9%

Concessions/Concessions/ MidwayMidway AwardsAwards 6%6% ShuttleShuttle Bus Bus 20%20% 2%2% ServiceService by by ContractContract 62%62%

EntertainmentEntertainment Materials,Materials, SponsorshipSponsorship 10%10% PartsParts & & LivestockLivestock 16%16% Supplies 4%4% Supplies 8%8%

Sports/EventsSports/Events 1%1% ExpenseExpense ReimbursementReimbursement 1%1%

INDINDIANAINDIANAIANA SSTATE STATETATE FAIRGROUNDSF AFAIRGROUNDSIRGROUNDS

OperationsOperations Revenues Revenues OperationsOperations Expenses Expenses

OtherOther 0%0% Land/Land/ Structures/Structures/ Equipment SponsorshipsSponsorships Equipment Concessions 1% 2%2% Concessions 1% 11%11% PayrollPayroll ServicesServices 28%28% otherother than than PersonnelPersonnel 12%12% ParkingParking RentalRental Income Income TravelTravel 18%18% 40%40% 0%0% Depreciation SkateSkate Shop Shop Depreciation 24% 4%4% 24% ServicesServices by by ContractContract ExpenseExpense 26%26% ReimburseReimburse 25%25% AwardsAwards 3%3%

EventsEvents 0%0% MaterialsMaterials & & SuppliesSupplies 6%6%

* All 2012 financial data in this report are based on unaudited results. 18 Indiana State Fair Commission

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