International Ice Cream Association
- Assets
- $2.5m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/1942
- Data as of
- 06/2018
- EIN
- 53-0088310
Organization Overview
International Ice Cream Association is located in Washington, DC. The organization was established in 1942. 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. International Ice Cream Association 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 06/2018, International Ice Cream Association generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSES OF THE ASSOCIATION ARE:(1) TO ENCOURAGE AND PROMOTE THE PROGRESS AND DEVELOPMENT OF THE ICE CREAM INDUSTRY;(2) TO WORK IN THE PUBLIC INTEREST BY FOSTERING PROGRAMS AND ACTIVITIES FOR MAINTAINING THE SAFETY AND CONSTANTLY IMPROVING THE QUALITY OF ICE CREAM PRODUCTS;(3) TO ENCOURAGE AND SUPPORT RESEARCH AND STUDIES FOR CONTRIBUTING TO BOTH THE TECHNOLOGICAL IMPROVEMENTS IN MANUFACTURING TECHNIQUES AND THE KNOWLEDGE OF HUMAN NUTRITION;(4) TO DISSEMINATE EDUCATIONAL AND OTHER MATERIAL FOR CREATING BETTER UNDERSTANDING OF THE ICE CREAM INDUSTRY AND ITS PRODUCTS;(5) TO REPRESENT THE INTERESTS OF THE INDUSTRY IN ITS RELATIONS WITH GOVERNMENT AND THE PUBLIC;(6) TO COLLECT, INTERPRET, AND DISSEMINATE SCIENTIFIC, STATISTICAL, ECONOMIC, AND OTHER INFORMATION ADJUDGED TO BE OF VALUE TO THE INDUSTRY;(7) TO ASSIST THE INDUSTRY BY PREPARING OTHER INFORMATION USEFUL IN THE PRODUCTION, DISTRIBUTION, AND SALE OF ICE CREAM; AND,(8) TO PROVIDE A FORUM FOR THE ANALYSIS AND
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENCOURAGING AND PROMOTING THE PROGRESS AND DEVELOPMENT OF THE ICE CREAM INDUSTRY; WORKING IN THE PUBLIC INTEREST BY FOSTERING PROGRAMS AND ACTIVITIES FOR MAINTAINING THE SAFETY AND IMPROVING THE QUALITY OF PRODUCTS.
TO DISSEMINATE EDUCATIONAL AND OTHER MATERIALS FOR CREATING BETTER UNDERSTANDING OF THE ICE CREAM INDUSTRY AND ITS PRODUCTS; REPRESENTING THE INTERESTS OF THE INDUSTRY IN ITS RELATIONS WITH GOVERNMENT AND PUBLIC, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Thomsen Chair | OfficerTrustee | 5 | $0 |
Ken Jorgensen Vice Chair | OfficerTrustee | 5 | $0 |
Ed Hinson Secretary | OfficerTrustee | 5 | $0 |
Rich Draper Treasurer | OfficerTrustee | 5 | $0 |
Brian Perry Advisory Committee | Trustee | 1 | $0 |
Michael Wells Advisory Committee | 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 | $1,030,391 |
| Investment income | $77,211 |
| 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 | $1,107,904 |
| 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 | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $46,252 |
| Fees for services: Accounting | $10,230 |
| Fees for services: Lobbying | $72,794 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,505 |
| Fees for services: Other | $0 |
| Advertising and promotion | $55,986 |
| Office expenses | $2,377 |
| Information technology | $6,332 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $34,957 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $60,176 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,609 |
| All other expenses | $5,595 |
| Total functional expenses | $1,304,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $19,882 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,492,895 |
| Total assets | $2,512,777 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $3,460 |
| 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 | $3,460 |
| Unrestricted restricted net Assets | $2,509,317 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $2,509,317 |