Indiana Farm Bureau is located in Poseyville, 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 08/2023, Indiana Farm Bureau generated $63.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $50.8k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO SUPPORT OUR LOCAL 4-H PROGRAM, WE BUY LIVESTOCK AT THE COUNTY FAIR AUCTION, BUY FOOD AT THE FOOD AUCTION, AND DONATE MONEY FOR AWARDS AND PROGRAMS. ALMOST ALL OF THE COUNTY 4-H MEMBERS BENEFIT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Casey Calvert Director | 1 | $28 | |
Ryan Cash Director | 1 | $70 | |
Tim Compton Director | 2 | $70 | |
James Droege Director | 1 | $98 | |
Jessica Gries Director | 1 | $28 | |
Kyle Hoenert Director | 1 | $56 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $3,702 |
Membership dues | $19,838 |
Investment income | $38,675 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $936 |
Total Revenue | $63,151 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,351 |
Occupancy, rent, utilities, and maintenance | $24,507 |
Printing, publications, postage, and shipping | $936 |
Other expenses | $22,761 |
Total expenses | $50,844 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $214,628 |
Other assets | $0 |
Total assets | $236,359 |
Total liabilities | $8,675 |
Net assets or fund balances | $227,684 |