

A 501(c)(3) nonprofit organization is a type of organization recognized by the IRS as operating for charitable, educational, agricultural, or similar public-benefit purposes. What makes it different from a regular business is simple but important: it does not exist to make profits for owners or shareholders—because it has none.
How that applies to the Skowhegan State Fair
The Skowhegan State Fair is run by a board of directors, not an owner. That means:
Where the money goes
When the fair generates revenue—through ticket sales, vendors, sponsorships, rides, and events—that money does not get distributed to individuals. Instead, it is reinvested back into the fair and its purpose. Typically, that includes:
Why this matters
Because it is a 501(c)(3), the fair is legally required to:
In practical terms, this means every dollar earned at the fair goes back
into supporting the future of the Fair and improving it for the community.



