Indiana Farm Bureau
- Assets
- $143.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lebanon, IN
- Founding
- 10/1946
- Data as of
- 12/2023
- EIN
- 35-0793827
Organization Overview
Indiana Farm Bureau is located in Lebanon, 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 12/2023, Indiana Farm Bureau generated $57.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $52.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 9 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 |
|---|---|---|---|
Peggy Daggy Director | 1 | $40 | |
Tyler Everett Director | 1 | $40 | |
Robert Guernsey Director | 1 | $20 | |
John Hume Director | 1 | $60 | |
Colleen Luse Director | 1 | $20 | |
Timothy Luse Director | 1 | $20 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $305 |
| Total Program Service Revenue | $0 |
| Membership dues | $18,050 |
| Investment income | $35,899 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,200 |
| Total Revenue | $57,454 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,169 |
| Professional fees and other payments to independent contractors | $1,242 |
| Occupancy, rent, utilities, and maintenance | $19,753 |
| Printing, publications, postage, and shipping | $3,200 |
| Other expenses | $14,808 |
| Total expenses | $52,126 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $138,661 |
| Other assets | $0 |
| Total assets | $143,364 |
| Total liabilities | $0 |
| Net assets or fund balances | $143,364 |