American Milking Shorthorn Society
- Assets
- $656.8k
- Revenue
- $345.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Beloit, WI
- Founding
- 06/1950
- Data as of
- 12/2021
- EIN
- 44-0556867
Organization Overview
American Milking Shorthorn Society is located in Beloit, WI. The organization was established in 1950. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, American Milking Shorthorn Society employed 3 individuals. This organization is the central organization for a national or regional group of organizations. American Milking Shorthorn Society is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, American Milking Shorthorn Society generated $345.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $345.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) 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
PROMOTE AMERICAN MILKING SHORTHORNS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVERTISING AND SUBSCRIPTIONS
TESTING, CLASSIFICATIONS, AND OTHER PROGRAMS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Lee Vice-Preside | OfficerTrustee | $0 | |
Marcia Clark President | Officer | $0 | |
Marjorie Kuslyk Director | Trustee | $0 | |
Allen Hess Director | Trustee | $0 | |
Michelle Upchurch Director | Trustee | $0 | |
Kylie Preisinger Exec Committ | Trustee | $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 | $13,222 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,222 |
| Total Program Service Revenue | $306,035 |
| Investment income | $9,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,092 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $345,690 |
| 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 | $85,875 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $506 |
| Payroll taxes | $7,219 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $598 |
| Fees for services: Accounting | $14,124 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,069 |
| Office expenses | $12,301 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,614 |
| Travel | $6,766 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,262 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $864 |
| Insurance | $4,980 |
| All other expenses | $20,147 |
| Total functional expenses | $345,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,697 |
| Savings and temporary cash investments | $134,670 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,387 |
| 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 | $2,074 |
| Net Land, buildings, and equipment | $3,526 |
| Investments—publicly traded securities | $464,480 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $656,834 |
| Accounts payable and accrued expenses | $19,969 |
| 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 | $19,969 |
| Net assets without donor restrictions | $432,994 |
| Net assets with donor restrictions | $203,871 |
| 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 | $656,834 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Milking Shorthorn Society has recieved totaling $12,133.
| Awarding Organization | Amount |
|---|---|
U S Livestock Genetics Export Inc Mount Horeb, WI PURPOSE: MARKET DEVELOPMENT | $12,133 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Statewide Energy Efficiency Andrenewables Administration Inc Madison, WI | $63,794,129 | $99,926,553 |
Information Systems Audit And Control Association Inc Schaumburg, IL | $168,414,298 | $101,751,321 |
International Code Council Inc Country Club Hills, IL | $173,275,221 | $89,069,791 |
American Property Casualty Insurance Association Chicago, IL | $156,045,230 | $59,541,606 |
Society Of Manufacturing Engineers Southfield, MI | $77,116,365 | $66,156,404 |
Healthcare Information And Management Systems Society Chicago, IL | $52,722,997 | $65,054,367 |
Inter-Industry Conference On Auto Collision Repairs Hoffman Estates, IL | $98,841,828 | $60,778,547 |
Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
North Central States Regional Council Of Carpenters St Paul, MN | $80,577,529 | $40,138,567 |
Association Of Equipment Manufacturers Milwaukee, WI | $65,690,987 | $35,929,615 |
Ipc International Inc Bannockburn, IL | $35,069,140 | $30,776,508 |