Indiana Farm Bureau is located in Veedersburg, 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 $28.3k 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 $22.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 9 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
ALL OF THE FOURTH GRADE STUDENTS FROM THE COUNTY SCHOOLS ATTEND AG DAY. THE STUDENTS LEARN ABOUT VARIOUS ASPECTS OF AGRICULTURE, INCLUDING MACHINERY, ANIMALS, AND FOOD.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Paris Director | 1 | $0 | |
Helen Shaw Director | 1 | $0 | |
Lucas Deel President And Director | 5 | $200 | |
Adam Tyler Vice President And Director | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,431 |
| Investment income | $16,136 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $695 |
| Total Revenue | $28,262 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,115 |
| Professional fees and other payments to independent contractors | $644 |
| Occupancy, rent, utilities, and maintenance | $8,459 |
| Printing, publications, postage, and shipping | $645 |
| Other expenses | $8,480 |
| Total expenses | $22,683 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,371 |
| Other assets | $0 |
| Total assets | $27,438 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,438 |