Kentucky Farm Bureau Federation is located in Morgantown, KY. The organization was established in 1964. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Kentucky Farm Bureau Federation is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 10/2023, Kentucky Farm Bureau Federation generated $43.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $52.5k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
BUTLER COUNTY FARM BUREAU PROMOTES THE SOCIAL AND ECONOMIC BENEFITS OF AGRICULTURE. THEIR GOAL IS TO IMPROVE THE LIVES OF THEIR MEMBERSHIP AND THIER COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Woody Margaret Moore Vice President | 1 | $0 | |
Darren Amanda Rice Director | 1 | $0 | |
Johnny Pam Rose Director | 1 | $0 | |
Robert And Amanda Taylor Secretary Treasurer | 1 | $0 | |
Dwayne And Labrisha Mckinney Director | 1 | $0 | |
Ryan And Dana Pendley Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,745 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $23,186 |
| Total Revenue | $43,931 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $5,642 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,750 |
| Printing, publications, postage, and shipping | $195 |
| Other expenses | $41,902 |
| Total expenses | $52,489 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,411 |
| Other assets | $0 |
| Total assets | $231,519 |
| Total liabilities | $0 |
| Net assets or fund balances | $231,519 |