United States Cannabis Council
- Assets
- $459.8k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 2
- Location
- Washington, DC
- Founding
- Data as of
- 12/2023
- EIN
- 86-1919739
Organization Overview
United States Cannabis Council is located in Washington, DC. As of 12/2023, United States Cannabis Council employed 2 individuals. United States Cannabis Council is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, United States Cannabis Council generated $1.0m 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 (27.5%) each year. All expenses for the organization totaled $831.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (18.1%) per year over the past 3 years. 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
TO BUILD A FUTURE OF LEGAL ACCESS TO CANNABIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP - USCC USES MEMBERSHIP DUES TO LOBBY FOR CANNABIS REGULATION, PRIMARLY WITH THE FEDERAL GOVERNMENT. ADDITIONALLY, USCC HOLDS REGULAR POLICY/STRATEGY MEETINGS WHERE THE MEMBERSHIP IS INVITED TO ATTEND WHERE THEY GET BRIEFED ON USCC'S GOVERNMENT RELATIONS ACTIVITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Conklin Vice Chair Until April 2023, Then Exe. Dir. | OfficerTrustee | 40 | $135,000 |
David Culver Dir Until April 2023, Then SVP Of Public Affairs | Trustee | 40 | $116,000 |
Jessica Billingsley Chair Until June 2023 | OfficerTrustee | 1 | $0 |
Pete Meachum Treasurer | OfficerTrustee | 1 | $0 |
Nirup Krishnamurthy Chair As Of June 2023 | OfficerTrustee | 1 | $0 |
Charlie Bachtell Vice-Chair As Of June 2023 | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marijuana Policy Project Staffing | 12/30/22 | $1,231,985 |
Brownstein Hyatt Farber Schreck Llp Lobbying Services | 12/30/22 | $180,462 |
The Raben Group Consulting | 12/30/22 | $142,958 |
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 | $996,083 |
| Investment income | $0 |
| 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 | $1,006,083 |
| 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. | $251,000 |
| Compensation of current officers, directors, key employees. | $85,754 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $133,699 |
| Pension plan accruals and contributions | $1,233 |
| Other employee benefits | $11,705 |
| Payroll taxes | $11,292 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $61,150 |
| Fees for services: Accounting | $40,187 |
| Fees for services: Lobbying | $95,400 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $127,618 |
| Advertising and promotion | $0 |
| Office expenses | $8,883 |
| Information technology | $11,336 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,171 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,248 |
| Interest | $465 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $565 |
| Insurance | $40,031 |
| All other expenses | $0 |
| Total functional expenses | $830,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $190,004 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $258,132 |
| 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 | $9,440 |
| Net Land, buildings, and equipment | $2,241 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $459,817 |
| Accounts payable and accrued expenses | $81,055 |
| Grants payable | $0 |
| 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 | $81,055 |
| Net assets without donor restrictions | $378,762 |
| 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 | $459,817 |