Agricenter International Inc

Organization Overview

Agricenter International Inc is located in Memphis, TN. The organization was established in 1986. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Agricenter International Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agricenter International Inc 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 06/2022, Agricenter International Inc generated $6.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $5.0m during the year ending 06/2022. While expenses have increased by 5.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE KNOWLEDGE AND UNDERSTANDING OF AGRICULTURE

Describe the Organization's Program Activity:

Part 3 - Line 4a

FARM AND FARM RESEARCH: THE WORLDS LARGEST URBAN FARM AND RESEARCH TEST FACILITY PROVIDES A PROFESSIONAL FORUM FOR UNBIASED DEVELOPMENT, EVALUATION, DEMONSTRATION, EDUCATION, AND MARKETING OF THE LATEST AND MOST ADVANCED AGRICULTURAL TECHNOLOGIES AND PRODUCTS.


EXPO CENTER AND OFFICE LEASES: AGRICENTER INTERNATIONAL LEASES OFFICES AND FACILITIES TO AGRICULTURAL RELATED BUSINESSES SUCH AS THE UNIVERSITY OF TENNESSEE AG EXTENSION, THE NATIONAL WEATHER SERVICE, AND THE USDA.


SHOW PLACE ARENA: THE AGRICENTER SHOW PLACE ARENA IS A MULTI-PURPOSE FACILITY FOR EQUESTRIAN EVENTS, FESTIVALS, CONCERTS, CIRCUSES, TRADE SHOWS, CAR & BOAT SHOWS, AND MORE. THE FACILITY OFFERS A BEAUTIFUL MAIN ARENA, A COVERED MULIT-PURPOSE ARENA, AN OUTDOOR ARENA, AND AN INDOOR WARM UP ARENA. THERE ARE (6) BARNS OFFERING OVER 600 TOTAL STALLS. OTHER AMENITIES INCLUDE A SHOW OFFICE, SHOW TRAILER, INDOOR & OUTDOOR TICKET BOOTHS.


OTHER PROGRAM SERVICE INCOME AND EXPENSES ASSOCIATED WITH THE ORGANIC RESOURCE CENTER, FARMERS MARKET, AGRICULTURAL EDUCATION, RV PARK, AND EXPENSES ASSOCIATED WITH SHOW PLACE ARENA RENOVATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Bruce Kirksey
Director Of Farm And Resea
$173,533
John Butler
President
$154,766
Mark Hoggard
Manager - Rv Park & Farmer
$124,496
Marjory Walker
Chairman
$0
Willie German
Secretary
$0
Mark Pryor
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,031,055
All other contributions, gifts, grants, and similar amounts not included above$90,400
Noncash contributions included in lines 1a–1f $38,381
Total Revenue from Contributions, Gifts, Grants & Similar$1,121,455
Total Program Service Revenue$2,958,809
Investment income $220,708
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,762,559
Net Gain/Loss on Asset Sales -$910
Net Income from Fundraising Events $70,227
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,132,848

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Agricenter International Inc has recieved totaling $6,060.

Awarding OrganizationAmount
Midsouth Grain Inspection Services

Memphis, TN

PURPOSE: Donation

$6,050
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$10
View Grant Recipient Profile

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