Corn Fest Financials through 2012

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.

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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.