American Royal Association
- Assets
- $28.3m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 22
- Location
- Kansas City, MO
- Founding
- 06/1948
- Data as of
- 03/2022
- EIN
- 44-0615551
Organization Overview
American Royal Association is located in Kansas City, MO. The organization was established in 1948. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 03/2022, American Royal Association employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Royal Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, American Royal Association generated $7.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $6.2m during the year ending 03/2022. While expenses have increased by 1.0% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE NATION'S LEADER FOR FOOD AND AGRICULTURE EDUCATION, EVENTS AND ENGAGEMENT.
Describe the Organization's Program Activity:
THE AMERICAN ROYAL ANNUALLY MANAGES AND HOSTS ONE OF THE NATION'S LARGEST AGRICULTURE EXPOSITIONS INCLUDING LIVESTOCK SHOWS, PRESTIGIOUS HORSE SHOWS, PRCA RODEO, WORLD SERIES OF BARBEQUE CONTEST AND OTHER SPECIAL EVENTS. THESE EVENTS PROVIDE A FOCUS ON THE REGION'S INHERENT ECONOMIC AND AGRARIAN HERITAGE. THE CONTRIBUTION TO PURPOSE INCLUDES $880,161 IN PREMIUMS AND PRIZES PAID; $99,245 IN RIBBONS, AWARDS & TROPHIES; SCHOLARSHIPS OF $171,650; AND EDUCATION PROGRAMS AND JUDGING CONTESTS OF $191,749. OUR ANNUAL REPORT PROVIDES FULL DETAILS OF OUR PROGRAMS AND EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Mcclaskey Interim President/ceo (7/26/2021) | Officer | 40 | $159,325 |
Glen Alan Phillips President/ceo (term Ended 7/26/2021) | Officer | 40 | $152,507 |
Charlie Tetrick Chairman | OfficerTrustee | 1 | $0 |
Lindsey Smith Corporate Secretary | OfficerTrustee | 1 | $0 |
Brad Bendle Treasurer | OfficerTrustee | 1 | $0 |
Bret Borota Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brixton Staffing Group Temporary Labor Provider For Event Set U | 3/30/22 | $215,288 |
Kansas Speedway Corporation Facility Rental And Contracted Services | 3/30/22 | $573,417 |
Upha Membership And Entry Fees | 3/30/22 | $125,875 |
Guetterman Outdoor Inc Mulch And Bedding | 3/30/22 | $203,200 |
Marquee Event Rentals Tent, Table And Chair Rental For Events. | 3/30/22 | $118,700 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $194,518 |
| Related organizations | $0 |
| Government grants | $430,754 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,245,316 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,870,588 |
| Total Program Service Revenue | $3,336,969 |
| Investment income | $42,659 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $470,080 |
| Net Gain/Loss on Asset Sales | $70,280 |
| Net Income from Fundraising Events | $54,981 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $154,699 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,000,256 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,500 |
| Grants and other assistance to domestic individuals. | $171,650 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $308,055 |
| Compensation of current officers, directors, key employees. | $57,768 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $919,513 |
| Pension plan accruals and contributions | $56,459 |
| Other employee benefits | $87,662 |
| Payroll taxes | $95,412 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,703 |
| Fees for services: Accounting | $54,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,413,394 |
| Advertising and promotion | $111,141 |
| Office expenses | $199,843 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $658,661 |
| Travel | $45,647 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $164,202 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $136,268 |
| Insurance | $970,004 |
| All other expenses | $0 |
| Total functional expenses | $6,233,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,392,151 |
| Savings and temporary cash investments | $16,704,538 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $115,577 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,888 |
| Prepaid expenses and deferred charges | $306,928 |
| Net Land, buildings, and equipment | $9,420,851 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $337,090 |
| Total assets | $28,283,023 |
| Accounts payable and accrued expenses | $676,704 |
| Grants payable | $0 |
| Deferred revenue | $151,162 |
| 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 | $827,866 |
| Net assets without donor restrictions | $3,148,021 |
| Net assets with donor restrictions | $24,307,136 |
| 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 | $28,283,023 |
Grants Awarded
Over the last fiscal year, American Royal Association has awarded $257,067 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ROYAL ASSN CHARITABLE FDN TRUST PURPOSE: GENERAL | $245,000 |
Overland Park, KS PURPOSE: PINK RIBBON DONATION | $12,067 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Royal Association has recieved totaling $5,650.
| Awarding Organization | Amount |
|---|---|
Belles Of The American Royal Organization Kansas City, MO | | $5,650 |
Endowment Analysis
| Beg. Balance | $2,164,899 |
| Earnings | $32,306 |
| Grants | $28,155 |
| Ending Balance | $2,169,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa State Fair Foundation Des Moines, IA | $11,002,682 | $8,403,117 |
Liberty Bowl Festival Assn Memphis, TN | $2,194,602 | $10,839,086 |
American Royal Association Kansas City, MO | $28,283,023 | $7,000,256 |
Arkansas Livestock Show Assoc Little Rock, AR | $4,870,203 | $5,931,539 |
Lancaster County Agricultural Society Inc Lincoln, NE | $20,865,052 | $2,982,282 |
Petroleum Equipment Institute Tulsa, OK | $10,127,893 | $3,682,039 |
Friends Of The Festival Inc Chattanooga, TN | $2,789,360 | $3,355,227 |
Kentucky Derby Festival Inc Louisville, KY | $6,625,289 | $3,844,478 |
Fair And Exposition Society Of Jones County Inc Monticello, IA | $5,659,527 | $5,307,608 |
Kane County Fair St Charles, IL | $21,061,651 | $1,916,331 |
Wichita Festivals Inc Wichita, KS | $2,056,183 | $2,145,055 |
Lake County Fair Association Grayslake, IL | $27,796,345 | $1,095,277 |