American Butter Institute
- Assets
- $467.8k
- Revenue
- $557.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 05/1938
- Data as of
- 12/2021
- EIN
- 36-6116449
Organization Overview
American Butter Institute is located in Arlington, VA. The organization was established in 1938. According to its NTEE Classification (H01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Butter Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, American Butter Institute generated $557.9k 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 (9.6%) each year. All expenses for the organization totaled $534.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND PROTECT THE INTERESTS AND WELFARE OF THE BUTTER AND BUTTER PRODUCT INDUSTRY AS WELL AS TO ACT AS THE VOICE FOR ALL ACTIONS AFFECTING THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMERICAN BUTTER INSTITUTE (ABI) WAS ORGANIZED IN FEBRUARY 1934 TO UPHOLD CONSTITUTIONAL, LAWFUL AND REASONABLE CONDITIONS IN THE CREAMERY INDUSTRY, TO BRING ABOUT ECONOMICAL OPERATIONS, AND TO ELIMINATE COMPETITIVE ABUSE AND WASTE BASED UPON SOUND REASON AND EXPERIENCE. ADDITIONALLY, ABI WAS ORGANIZED TO GIVE PROPER PROTECTION AND CARE TO THE MILK AND CREAM INDUSTRY BY ENCOURAGING MANUFACTURERS TO HANDLE THE PRODUCTION FROM THE FARM WITH THE HIGHEST SCIENCE, AND TO ENSURE SANITATION AND PURITY WHILE CONSIDERING THE WANTS AND NEEDS OF THE CONSUMING PUBLIC SO THAT THE PRODUCT IS PRESENTED IN A POSITIVE MANNER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marshall Reece First Vice President | OfficerTrustee | 1 | $0 |
Catherine Fox Second Vice President | OfficerTrustee | 1 | $0 |
Craig Alexander President | OfficerTrustee | 1 | $0 |
Thomas Balmer Executive Director | Officer | 4 | $0 |
Mark Armon Board Member | Trustee | 1 | $0 |
James Feeney Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $557,895 |
| Investment income | $33 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $557,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,170 |
| Payroll taxes | $0 |
| Fees for services: Management | $120,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,923 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,000 |
| Advertising and promotion | $400,681 |
| Office expenses | $358 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $408 |
| Total functional expenses | $534,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $319,273 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $148,560 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $467,833 |
| Accounts payable and accrued expenses | $206,520 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $206,520 |
| Net assets without donor restrictions | $261,313 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $467,833 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Cancer Society Cancer Action Network Inc Washington, DC | $18,877,884 | $34,082,078 |
Alliance For Regenerative Medicine Washington, DC | $10,715,700 | $10,904,376 |
Bladder Cancer Advocacy Network Inc Bethesda, MD | $9,286,353 | $4,308,947 |
Assoc For The Accreditation Of Human Research Protection Programs Washington, DC | $5,454,106 | $3,497,702 |
Get The Medications Right Institute Vienna, VA | $425,594 | $1,085,000 |
National Association For Biomedical Research Washington, DC | $19,649,026 | $3,607,043 |
Patients Rising Now Inc Washington, DC | $373,372 | $1,012,386 |
American Butter Institute Arlington, VA | $467,833 | $557,928 |
Global Alliance For Patient Access Washington, DC | $220,101 | $389,506 |
Tennessee Press Association Knoxville, TN | $198,990 | $318,602 |
Cancer Patient Advocate Foundation Mooresville, NC | $50,054 | $0 |
Lvh Als Foundation Winstonsalem, NC | $49,610 | $30,076 |