American Farm Bureau Federation
- Assets
- $108.4m
- Revenue
- $37.3m
- Investments
- $15.0m
- Employees
- 141
- Location
- Washington, DC
- Founding
- 06/1950
- Data as of
- 11/2023
- EIN
- 36-0725160
Organization Overview
American Farm Bureau Federation is located in Washington, DC. The organization was established in 1950. 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 11/2023, American Farm Bureau Federation employed 141 individuals. This organization is the central organization for a national or regional group of organizations. American 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 11/2023, American Farm Bureau Federation generated $37.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $32.1m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, American Farm Bureau Federation has awarded 111 individual grants totaling $4,634,901. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN FARM BUREAU FEDERATION IS THE VOICE OF AGRICULTURE (R). WE ARE FARM AND RANCH FAMILIES WORKING TOGETHER TO BUILD A SUSTAINABLE FUTURE OF SAFE AND ABUNDANT FOOD, FIBER AND RENEWABLE FUEL FOR OUR NATION AND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC POLICY - POLICY IS CONTINUALLY EVOLVING AND HAS A DIRECT IMPACT ON AMERICA'S FARMERS AND RANCHERS. AFBF'S WORK IN WASHINGTON, D.C., IS DRIVEN BY THE POLICY PRIORITIES ESTABLISHED BY FARMER AND RANCHER MEMBERS FROM ACROSS THE COUNTRY AT AFBF'S ANNUAL MEETING OF VOTING DELEGATES. THESE DELEGATES ARE FAMILY FARMERS WHO OPERATE SMALL, MEDIUM, AND LARGE FARMS GROWING OR RAISING VIRTUALLY EVERY AGRICULTURAL PRODUCT PRODUCED IN AMERICA TODAY. THIS NATIONAL FARMER DELEGATE BODY IS WHAT ENSURES AFBF'S POLICY OBJECTIVES ARE TRULY DRIVEN BY THE INTERESTS OF AMERICA'S FARMERS. ONCE THOSE GOALS ARE SET, AFBF WORKS WITH STATE AND COUNTY FARM BUREAU ORGANIZATIONS NATIONWIDE TO ENGAGE FARMERS AND RANCHERS IN OUR POLICY ADVOCACY, ENABLING ALL OF AGRICULTURE TO SPEAK WITH ONE VOICE THROUGH AFBF.
EVENTS - IDEAG GROUP LLC, AN AFFILIATE OF AFBF, DELIVERS AN OPTIMAL EXPERIENCE TO ATTENDEES, EXHIBITORS, AND THOUGHT LEADERS IN AGRICULTURE AT REGIONAL FARM SHOWS. INTERACTIVE, CONTENT-RICH, AND HIGH-VALUE PROGRAMMING IS THE CORNERSTONE OF EVERY SHOW. WE MAKE IT A PRIORITY TO CONNECT FARMERS AND RANCHERS TO TOP-NOTCH GOODS AND SERVICE PROVIDERS FROM ACROSS THE COUNTRY WHO CAN MEET THEIR NEEDS. WE DO THE SAME AT AFBF'S ANNUAL CONVENTION WHERE THOUSANDS OF FARM BUREAU MEMBERS AND OTHERS INTERESTED IN AGRICULTURE GATHER EACH JANUARY. CONVENTION ATTENDEES HAVE ACCESS TO CUTTING EDGE ANALYSIS, DEEP INSIGHTS, A BUZZING TRADE SHOW FLOOR, AND FIRST-RATE KEYNOTE SPEAKERS AND WORKSHOPS.
LEADERSHIP, EDUCATION & ENGAGEMENT - AS PUBLIC INTEREST IN THE FOOD SYSTEM CONTINUES TO GROW - INCLUDING IN FOOD SECURITY, SUSTAINABILITY, NUTRITION, AND ANIMAL CARE, IT'S MORE IMPORTANT THAN EVER FOR FARMERS AND RANCHERS TO FEEL COMFORTABLE ENGAGING WITH THE PUBLIC, POLICYMAKERS, AND MEDIA. AFBF PROVIDES INTENSIVE TRAINING IN LEADERSHIP AND EFFECTIVE OUTREACH, STRENGTHENING THE ABILITY OF FARMERS AND RANCHERS TO CONNECT WITH CONSUMERS AND OTHERS IN A MEANINGFUL WAY. SKILLS LEARNED ARE APPLIED AT THE LOCAL, STATE, AND FEDERAL LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Duvall President | OfficerTrustee | 40 | $608,552 |
Ellen Steen Greer General Counsel & Secretary | Officer | 40 | $383,813 |
Kathleen J Cullins CFO & Treasurer | Officer | 40 | $353,556 |
Margaret Wolff Vp, Lead, Educ And Engage | 40 | $265,936 | |
Dale Moore Executive VP (to Jun '22) | 40 | $256,145 | |
Terri Moore Vp, Communications | 40 | $280,063 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mayer Brown Llp Legal Services | 11/29/23 | $395,448 |
Freeman Convention Services | 11/29/23 | $440,759 |
Cogent Global Solutions Production Services | 11/29/23 | $1,143,062 |
Group Services Llc Convention Services | 11/29/23 | $357,452 |
Levy Restaurants Convention Services- Catering | 11/29/23 | $259,309 |
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 | $124,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,000 |
| Total Program Service Revenue | $34,718,531 |
| Investment income | $1,540,984 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $21,306 |
| 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 | $37,324,023 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $331,751 |
| 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. | $2,517,231 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,319,404 |
| Pension plan accruals and contributions | $1,080,707 |
| Other employee benefits | $888,093 |
| Payroll taxes | $942,271 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $483,714 |
| Fees for services: Accounting | $114,025 |
| Fees for services: Lobbying | $4,271 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $351,130 |
| Advertising and promotion | $136,313 |
| Office expenses | $722,226 |
| Information technology | $654,764 |
| Royalties | $0 |
| Occupancy | $2,290,827 |
| Travel | $4,494,844 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,149,698 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $751,560 |
| Insurance | $190,650 |
| All other expenses | $12,271 |
| Total functional expenses | $32,065,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,208,287 |
| Savings and temporary cash investments | $19,826,423 |
| Pledges and grants receivable | $75,000 |
| Accounts receivable, net | $1,564,580 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,720,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,028,631 |
| Net Land, buildings, and equipment | $754,988 |
| Investments—publicly traded securities | $46,605,482 |
| Investments—other securities | $14,990,555 |
| Investments—program-related | $95,285 |
| Intangible assets | $3,928,377 |
| Other assets | $14,583,083 |
| Total assets | $108,380,691 |
| Accounts payable and accrued expenses | $1,677,003 |
| Grants payable | $0 |
| Deferred revenue | $1,766,092 |
| 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 | $14,998,384 |
| Total liabilities | $18,441,479 |
| Net assets without donor restrictions | $89,131,212 |
| Net assets with donor restrictions | $808,000 |
| 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 | $108,380,691 |
Grants Awarded
Over the last fiscal year, American Farm Bureau Federation has awarded $240,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AGRI-PULSE COMMUNICATIONS INC PURPOSE: SPONORSHIPS FOR VARIOUS EVENTS | $12,500 |
AMERICAN FARM BUREAU FOUNDATION FOR AGRICULTURE PURPOSE: GENERAL SUPPORT | $165,000 |
THE RUSSELL GROUP INC PURPOSE: CONTRIBUTION | $12,500 |
CONGRESSIONAL SPORTS FOR CHARITY PURPOSE: CONTRIBUTION | $10,000 |
NATIONAL 4-H CONGRESS FOUNDATION PURPOSE: SPONSORSHIP | $10,000 |
NATIONAL FFA FOUNDATION PURPOSE: SPONSORSHIP | $10,000 |