MINNESOTA STATE FAIR Rj� • Americlnn Hotels & Suites • August Schell Brewing Co
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This document is made available electronically by the Minnesota Legislative Reference Library as part of an ongoing digital archiving project. http://www.leg.state.mn.us/lrl/lrl.asp * * * TABLE OF CONTENTS * * * GENERAL INFORMATION FINANCIAL INFORMATION Report of the Executive Vice President, Independent Auditor's Report ....................................................................... 9 Mission, Attendance ........................................................................................... 2 Management Discussion and Analysis .................................................... 12 2017 Admission, Board of Managers, Sponsors ................................... 3 Statement of Net Position ........................................................................... 14 Agriculture, Animals and Competition ..................................................... 4 Statement of Revenue, Contests and Activities ..................................................................................... 4 Expenses and Changes in Net Position .................................................. 16 New Entertainment, Statement of Cash Flows ............................................................................. 18 Exhibits and Features ........................................................................................ 5 Footnotes ............................................................................................................. 19 Awards and Accolades ...................................................................................... 6 Supporting Schedule - Revenues and Expenses ............................. 26 2017 Grandstand ................................................................................................ 7 Auditor's Report on Internal Control and Compliance .................... 30 Free Stages ............................................................................................................ 8 Meeting Minutes ............................................................................................... 32 On the cover: 2017 Minnesota State Fair Commemorative Art by Minnesota artist Ta-coumba Aiken : * 1M * 1,997,320* * 9/epoJ,t� THURSDAY, AUG. 24 EXECUTIVE VICE PRESIDENT Thrifty Thursday: 117,877 High: 73 Low: 59 Our core mission is to bring people together Precipitation: .01 in. in the context of an agricultural fair, where we learn about our most basic human need - food. FRIDAY, AUG. 25 Just as important, we also show the latest and Governor's Fire Prevention Day: 125,324 greatest in industry, innovation, art, education and High: 71 Low: 57 entertainment. Combined, however, the whole Precipitation: .55 in. is much greater than the sum of the fair's very many parts. Ultimately, the State Fair becomes a SATURDAY, AUG. 26 safe haven where all people learn and celebrate 4-H Day: 158,525 together regardless of differences,where the High: 67 Low: 60 human spirit is enriched and people are inspired in Precipitation: 1.22 in. ways great and small to improve their lives. SUNDAY, AUG. 27 A cast of many thousands play important roles Minnesota CooksTM Day: 197,891 in producing the Great Minnesota Get-Together High: 73 Low: 63 every year. All of us today are privileged to be part Precipitation: .24 in. of a long continuum of dedicated people, tracing It rained most of the day on the firstSaturday our amazing State Fair ancestry back to 1854. On MONDAY, AUG. 28 of the fair. The bad weather was preceded by behalf of all of them, thank you for the privilege of Seniors, Kids & serving this great institution. God bless, and I'll see MN State Patrol the usual scary forecast, giving people all kinds Day: 144,504* of incentive to stay home, yet that day nearly you at the fair. High: 74 Low: 61 160,000 people participated in their Great Precipitation: none Minnesota Get-Together. That's a big day by any standards, and that's when we knew that TUESDAY, AUG. 29 the 2017 State Fair was going to be really Military Appreciation Day: 132,120 special in terms of attendance. High: 80 Low: 58 Attendance, though, is just a byproduct of Precipitation: none what the fair is really all about. When the nation is divided and the world is in turmoil, and they WEDNESDAY, AUG. 30 Read & Ride Day: 119,975 undeniably are, the State Fair shines. We're all hard-wired to seek out places of communal Jerry Hammer High: 83 Low: 62 Executive Vice President Precipitation: .01 in. celebration. We don't want to be divided. We want to go where differencesare set aside and THURSDAY, AUG.31 cares are left at the door. We want to celebrate Seniors Day: 145,549 the very best of each other. That's what the High: 71 Low: 56 State Fair is all about. Precipitation: none FRIDAY, SEPT.1 MPR Day: 187,066* High: 72 Low: 53 Precipitation: trace SATURDAY, SEPT. 2 FFA Day: 254,431 * * * High: 82 Low: 64 Precipitation: trace To educate and involve our guests by providing a world-class showcase that is innovative, SUNDAY, SEPT. 3 Friends of the Fair Day: entertaining and fun. 242,759* WE STRIVE TO: High: 85 Low: 60 Precipitation: none • Showcase Minnesota's finestagriculture, • Offer exceptional value art and industry • Provide a safe,clean MONDAY, SEPT.4 Kids & Last Chance Day: • Present an unparalleled forum for environment that is 171,299 knowledge and ideas accessible to all High: 76 Low: 55 • Provide outstanding customer service • Create unique experiences Precipitation: .07 in. ""Newattendance record * * * * * 2 * rJt:atet}aill/ BOARD OF MANAGERS * MINNESOTA STATE FAIR rJ� • Americlnn Hotels & Suites • August Schell Brewing Co. • Beech-Nut • Cal Spas • Cargill • Centurylink • Coca-Cola • Cricket Wireless • Cub • DirecTV • DISH • DragNFly Wireless • Giggles' CampfireGrill • Go RVing • Gold'n Plump • Good Health Saunas The State Fair is governed by the Minnesota State Agricultural Society, which is charged exclusively • Great River Energy with governance of the State Fair. Society delegates represent all 87 county fairs in Minnesota, along with statewide agricultural groups. At its annual meeting each January, this group of delegates elects a • Green Mill Restaurant 10-member board of managers to set policy and provide oversight for the fair. Nine members represent • JACK'S® Pizza the Agricultural Society's nine regional districts and the 10th member (the president) serves at large. • Jacob Leinenkugel (L-R): Paul Merkins, Stewart, 2nd District Manager; Gordy Toenges, Alden, 1st District Manager; Gail Brewing Co. Johnson, Anoka, 3rd District Manager; Sharon Wessel, Hamel, President; Joe Scapanski, Sauk Rapids, • John Deere Company 6th District Manager; Joseph Fox, Maplewood, 4th District Vice President; Wally Wichmann, Balaton, • Kemps 7th District Manager; Dan Grunhovd, Gary, 9th District Manager; Ron Oleheiser, Grand Rapids, 8th • LeafFilter District Manager. Not pictured: D.J. Leary, Minneapolis, 5th District Vice President. • Lyft • Mazda * * * • McDonald's 2017 ADMISSION • Midwest Dairy Association • Minnesota Corn Growers PRE-FAIR ADMISSION and spouses; veterans and spouses who Association • All ages $11 purchased a ticket at the gate and presented valid documentation of military service: $9 • Minnesota Farm Bureau REGULAR ADMISSION Foundation • Adults (13-64) $14 READ & RIDE DAY• AUG. 30 • Minnesota Farmers Union • Seniors (65+) $12 Public library cardholders who purchased a ticket • Minnesota Livestock • Kids (5-12) $12 at the gate: Breeders Association • Children (under 5) FREE • Adults (13-64) $12 • Minnesota Lottery • Seniors (65+) $9 THRIFTY THURSDAY• AUG. 24 • Minnesota Rusco • Adults (13-64) $12 • Kids (5-12) $9 • North Suburban Eye • Seniors (65+) $12 • Children (under 5) FREE Specialists • Kids (5-12) $9 BLUE RIBBON BARGAIN BOOK • Regions Hospital • Children (under 5) FREE • $5 • Sam's Club SENIORS DAYS• AUG. 28 & 31 MIGHTY MIDWAY & KIDWAY • Sleep Number • Seniors (65+) $9 • Pre-fair 25-ticket sheet $15 • SPAM® • Fair-time KIDS DAYS• AUG. 28 & SEPT. 4 • Summit Brewing Co. 54-ticket sheet $40 • Kids (5-12) $9 • Treasure Island Resort • Children (under 5) FREE 30-ticket sheet $25 Single ticket $1 & Casino MILITARY APPRECIATION • Uber PARKING DAY•AUG. 29 • Xfinity Active military spouses and kids; retired military • $14 3 * AGRICULTURE, ANIMALS aJUtCOMPETITION * NEW COMPETITIONS • Hands-On Ag Literacy: Fast, fun make-and-take activities (livestock FOR2017 animal ear tags, living necklaces and pollinator feeders) debuted at • An Evening with Equine the Minnesota Department of Agriculture exhibit presented by showcased the grace, Minnesota Agriculture in the Classroom. gentleness, power and • The Beekeeper's Corner: 15-minute mini-classes shared beekeeping precision of horses topics such as honeybee behavior, hive management, beekeeping with two local groups equipment and more. demonstrating: We Can Ride and Windy Ridge AGRICULTURAL AND CREATIVE COMPETITIONS Riders Drill Team. The Minnesota State Fair's agricultural and creative competitions • The brand-new (including open class, FFA and 4-H) drew more than 38,000 entries Dress a Sheep in 2017, with nearly 19,000 competitors vying for a share of Contest brought ribbons, trophies and more than $1.5 million in prize money. together teams of By-the-numbers breakdown: up to four people • More than 15,000 (in complementary entries in livestock and costumes) to outfit horse competitions their willing sheep in • More than 7,000 clever costumes. entries in agriculture NEW AGRICULTURE HORTICULTURE ACTIVITIES and horticulture The iconic Agriculture Horticulture Building hosted eye-opening,