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Nebraska State Fair Increases 2020 Profit Despite Pandemic

Nebraska State Fair Increases 2020 Profit Despite Pandemic

Despite being much smaller than normal because of the coronavirus, last years Nebraska State Fair ended with nearly $1.8 million
profit.

That was an improvement of more than $1.5 million from the 2019 fair. An annual audit found the 2020 fair had revenue of $6.5 million, down nearly 37% from the previous year.

However, because the fair had no carnival and paid entertainment, expenses were only $3.7 million, about $7 million less than 2019.

Auditors said with other factors considered, the fair had a net profit of about $1.8 million, compared to a nearly $1.5 million loss in 2019.

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