ear of corn
DeKalb Corn Fest’s Form 990 for 2012 is available, so we can check out Corn Fest’s final year at the airport.

There was a major drop in expenses over 2011.

Good thing, too. The revenue for 2012 is the lowest in that column, which is particularly shocking in view of Corn Fest’s takeover of the beer garden. It’s another indicator of poor attendance and probably reflects a significant loss of vendors as well.

YearRevenuesExpensesGain/LossGrants
Given
2004129,016153,600-24,584None
2005174,734140,83933,895None
2006183,392163,69819,69425,200
2007167,509156,17411,3353,000
2008160,999178,519-17,5204,000
2009183,662184,376-1,014300
2010155,804171,748-15,944None
2011133,058151,358-18,300None
2012124,786123,760
1,026None

Time will tell whether Corn Fest saved itself from a death spiral by moving back downtown.

Meanwhile, I believe we’ve amply demonstrated that the real reason for the return from the airport was failure.