Indiana Farm Bureau is located in Tipton, 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 $38.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $34.6k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Bennett Director | 1 | $0 | |
David Garhart Director | 1 | $0 | |
Jennifer Jacks Director | 1 | $0 | |
Jenny Mundell Director | 1 | $0 | |
Toby Ripberger Director | 1 | $0 | |
Hanna Schmitt Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,414 |
| Investment income | $25,445 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,180 |
| Total Revenue | $38,039 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $550 |
| Professional fees and other payments to independent contractors | $653 |
| Occupancy, rent, utilities, and maintenance | $16,152 |
| Printing, publications, postage, and shipping | $1,180 |
| Other expenses | $13,881 |
| Total expenses | $34,607 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,516 |
| Other assets | $0 |
| Total assets | $111,285 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,285 |