Indiana Farm Bureau
- Assets
- $336.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Muncie, IN
- Founding
- 10/1946
- Data as of
- 09/2022
- EIN
- 35-0789885
Organization Overview
Indiana Farm Bureau is located in Muncie, IN. The organization was established in 1946. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Indiana Farm Bureau is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2022, Indiana Farm Bureau generated $89.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $86.3k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Loyal Cutforth Director | 1 | $40 | |
Floramae Cutforth Director | 1 | $30 | |
Michael Blanch Director | 1 | $0 | |
David Charron Director | 1 | $0 | |
Jarrod Catron Director | 1 | $0 | |
Ryan Coffman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $32,221 |
| Investment income | $55,235 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,117 |
| Total Revenue | $89,573 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $934 |
| Professional fees and other payments to independent contractors | $2,488 |
| Occupancy, rent, utilities, and maintenance | $40,498 |
| Printing, publications, postage, and shipping | $1,704 |
| Other expenses | $17,002 |
| Total expenses | $86,259 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $317,285 |
| Other assets | $0 |
| Total assets | $336,598 |
| Total liabilities | $0 |
| Net assets or fund balances | $336,598 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kentucky Corn Growers Association Eastwood, KY | $10,650,965 | $3,755,391 |
Dekalb County Farm Bureau Sycamore, IL | $2,798,652 | $1,236,356 |
National Assn Of Farm Broadcasters Platte City, MO | $5,376,583 | $1,403,716 |
Fox Valley Cooperative Farm Management Association Appleton, WI | $1,517,902 | $1,296,929 |
Farm Equipment Manufacturers Association Saint Louis, MO | $4,847,175 | $923,223 |
Morgan County Agricultural Fair Association Jacksonville, IL | $905,083 | $1,324,759 |
Wisconsin Crop Improvement Association Agronomy Building Middleton, WI | $1,498,748 | $660,442 |
Missouri Corn Growers Association Jefferson City, MO | $1,688,934 | $807,916 |
Wisconsin State Cranbery Growers Association Wisconsin Rapids, WI | $202,268 | $675,448 |
Kane County Farm Bureau St Charles, IL | $5,091,621 | $899,004 |
Dupage County Farm Bureau Carol Stream, IL | $3,084,283 | $736,519 |
Will County Farm Bureau Joliet, IL | $1,420,268 | $601,887 |