Indiana Farm Bureau is located in Knox, 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 10/2023, Indiana Farm Bureau generated $43.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $35.8k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 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 ENCOURAGE 4-H PARTICIPATION AND SUPPORT THE LOCAL 4-H PROGRAM AND ALL THE 4-H MEMBERS, WE PROVIDE MONETARY ASSISTANCE AND VOLUNTEERS FOR THE PROGRAM FOR MANUALS, AWARDS, CONTESTS, AND OTHER EVENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randall Fletcher Director | 1 | $0 | |
Dan Gumz Director | 1 | $0 | |
Matthew Lawrence Director | 1 | $0 | |
Jack Miller Director | 1 | $0 | |
Dolores Surfus Director | 1 | $0 | |
Martin Surma Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $190 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,240 |
| Investment income | $31,597 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,122 |
| Total Revenue | $43,149 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,307 |
| Professional fees and other payments to independent contractors | $554 |
| Occupancy, rent, utilities, and maintenance | $23,038 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,732 |
| Total expenses | $35,808 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,942 |
| Other assets | $0 |
| Total assets | $132,688 |
| Total liabilities | $0 |
| Net assets or fund balances | $132,688 |