American Angus Association
- Assets
- $50.6m
- Revenue
- $50.3m
- Investments
- $0.0
- Employees
- 268
- Location
- St Joseph, MO
- Founding
- 06/1938
- Data as of
- 09/2023
- EIN
- 44-0605539
Organization Overview
American Angus Association is located in St Joseph, MO. The organization was established in 1938. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 09/2023, American Angus Association employed 268 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Angus Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2023, American Angus Association generated $50.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $47.9m during the year ending 09/2023. While expenses have increased by 3.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MAINTAIN PEDIGREE AND PERFORMANCE INFORMATION, AND THE PROMOTION OF THE ANGUS BREED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDUSTRY & MEMBERSHIP COMMUNICATIONS: COSTS OF PROVIDING NATIONAL ADVERTISING AND NATIONAL PUBLIC RELATIONS PROGRAMS, AND MEMBER INFORMATION AND EDUCATION PROGRAMS.
FIELD SERVICES: COSTS OF PROVIDING FIELD SERVICES TO MEMBERS BY ORGANIZING AND ATTENDING VARIOUS AGRI-BUSINESS EVENTS AND WORKING WITH MEMBERS AND COMMERCIAL CATTLE PRODUCERS.
MEMBER SERVICES: COSTS OF MAINTAINING MEMBERSHIP RECORDS AND PEDIGREE RECORDS OF REGISTERED ANGUS CATTLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mccully Mark CEO | Officer | 40 | $376,514 |
Stika John President Of Cab | Officer | 40 | $376,534 |
Eichar Brent Secretary Treasurer Cab | Officer | 40 | $283,904 |
Erickson Tracey VP - Marketing - Cab | 40 | $266,176 | |
Adams Lou Ann Director Of Is - Aaa | 40 | $240,406 | |
Miller Kenny CFO | Officer | 40 | $231,713 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hart Associates Brand Marketing/media | 9/29/23 | $2,105,962 |
Velir Studios Llc Website Redesign | 9/29/23 | $895,100 |
Fedex Shipping Services | 9/29/23 | $256,339 |
Vivayic Inc Web Based Learning Module Development | 9/29/23 | $206,175 |
Watch Dog Technical Group A/v Production Services | 9/29/23 | $485,433 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $347,155 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $102,667 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $449,822 |
| Total Program Service Revenue | $44,727,193 |
| Investment income | $1,224,225 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,483,720 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $293,792 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,108,381 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,328,817 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $142,097 |
| 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. | $1,472,474 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,746,776 |
| Pension plan accruals and contributions | $1,394,642 |
| Other employee benefits | $3,675,160 |
| Payroll taxes | $1,416,182 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $197,385 |
| Fees for services: Accounting | $122,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $72,013 |
| Fees for services: Other | $711,896 |
| Advertising and promotion | $9,028,315 |
| Office expenses | $1,931,584 |
| Information technology | $10,688 |
| Royalties | $0 |
| Occupancy | $211,611 |
| Travel | $3,458,170 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $385,575 |
| Interest | $0 |
| Payments to affiliates | $279,125 |
| Depreciation, depletion, and amortization | $1,897,176 |
| Insurance | $263,133 |
| All other expenses | $310,541 |
| Total functional expenses | $47,911,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,309,305 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,294,801 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,157,812 |
| Prepaid expenses and deferred charges | $948,934 |
| Net Land, buildings, and equipment | $12,592,153 |
| Investments—publicly traded securities | $25,488,943 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $764,990 |
| Total assets | $50,556,938 |
| Accounts payable and accrued expenses | $5,547,849 |
| Grants payable | $0 |
| Deferred revenue | $964,316 |
| 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 | $1,767,855 |
| Total liabilities | $8,280,020 |
| Net assets without donor restrictions | $42,276,918 |
| 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 | $50,556,938 |
Grants Awarded
Over the last fiscal year, American Angus Association has awarded $190,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ANGUS FOUNDATION PURPOSE: PROJECT REVENUE - OPERATING SUPPORT | $180,000 |
UNIVERSITY OF GEORGIA PURPOSE: DOPPLER ULTRASONOGRAPHY AND BLOOD MARKERS TO IMPROVE REPRODUCTION | $10,000 |