Record Breaking 2017 Revenues & Cash Reserves at OC Fairgrounds
02/21/2018
As the books on 2017 are closed, the financial achievements of the OC Fairgrounds (also known as the 32nd District Agricultural Association or 32nd DAA) in Costa Mesa, CA, become clear with record breaking revenues of $46,218,579, up by over $2 million from 2016 revenues of $44,085,055. Operating expenses increased from $32,913,281 in 2016 to $36,284,118, but the operation was still highly profitable. An all time high in cash and cash equivalent reserves came in at $43,577,495. A summary follows and detailed financial statements are available for download.
Download Financials_HistoricalFebruary_Board_Packet
All figures are end of period.
2017 | 2016 | |
Cash & Cash Equivalent | $43,577,495 | $38,206,988 |
Total OC Fairgrounds Produced Event Revenue | $35,075,050 | $34,203,177 |
Total Year Rental Revenue | $10,592,999 | $9,567,324 |
Total Non-Operating Revenue | $550,531 | $314,554 |
Total Revenue | $46,218,579 | $44,085,055 |
Total Operating Expenses | $36,284,118 | $32,913,281 |
Profits | $9,934,461 | $11,171,774 |
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