World Dairy Expo Inc
- Assets
- $12.3m
- Revenue
- $4.7m
- Investments
- $126.2k
- Employees
- 0
- Location
- Madison, WI
- Founding
- 12/1993
- Data as of
- 12/2022
- EIN
- 39-1727070
Organization Overview
World Dairy Expo Inc is located in Madison, WI. The organization was established in 1993. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Dairy Expo 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 12/2022, World Dairy Expo Inc generated $4.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $4.3m during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INFORM, EDUCATE AND INSTRUCT THE PUBLIC ON AGRICULTURAL MATTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORLD DAIRY EXPO IS AN ANNUAL TRADE SHOW AND DAIRY CATTLE SHOW HELD IN MADISON, WISCONSIN. EACH YEAR OVER 50,000 DAIRY PRODUCERS, DAIRY ENTHUSIASTS, AND INDUSTRY PROFESSIONALS FROM NEARLY 100 COUNTRIES ATTEND THE EXPO. THE SIX-DAY SHOW FEATURES 2,571 HEAD OF DAIRY CATTLE EXHIBITED BY 1,804 FARMS AND INDIVIDUALS THAT COME FROM THROUGHOUT NORTH AMERICA. 583 COMPANIES FROM MANY COUNTRIES ARE REPRESENTED IN THE WORLD CLASS TRADE SHOW FEATURING OVER HALF A MILLION SQUARE FEET OF THE LATEST DAIRY TECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Hageman President | OfficerTrustee | 5 | $4,800 |
Tom Morris Vice President | OfficerTrustee | 2 | $0 |
Bob Hagenow Secretary/treasurer | OfficerTrustee | 2 | $0 |
Dave Bollig Executive Committee Member | Trustee | 2 | $0 |
Kevin Jorgensen Executive Committee Member | Trustee | 2 | $0 |
Josh Hushon Executive Committee Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $48,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $702,211 |
| Noncash contributions included in lines 1a–1f | $155,261 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $750,311 |
| Total Program Service Revenue | $3,241,263 |
| Investment income | $345,013 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $112,702 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $115,470 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,655,507 |
| 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. | $143,876 |
| Compensation of current officers, directors, key employees. | $102,153 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $533,720 |
| Pension plan accruals and contributions | $2,006 |
| Other employee benefits | $83,432 |
| Payroll taxes | $76,071 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,353 |
| Fees for services: Accounting | $17,329 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,556 |
| Fees for services: Other | $74,644 |
| Advertising and promotion | $20,446 |
| Office expenses | $38,717 |
| Information technology | $50,807 |
| Royalties | $0 |
| Occupancy | $8,503 |
| Travel | $12,644 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,941,733 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,334 |
| Insurance | $59,359 |
| All other expenses | $81,658 |
| Total functional expenses | $4,271,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,291 |
| Savings and temporary cash investments | $386,015 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $245,330 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,841 |
| Prepaid expenses and deferred charges | $20,316 |
| Net Land, buildings, and equipment | $679,059 |
| Investments—publicly traded securities | $10,733,296 |
| Investments—other securities | $126,158 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,298,306 |
| Accounts payable and accrued expenses | $339,849 |
| 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 | $339,849 |
| Net assets without donor restrictions | $11,958,457 |
| 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 | $12,298,306 |
Grants Awarded
Over the last fiscal year, World Dairy Expo Inc has awarded $135,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WISCONSIN FOUNDATION PURPOSE: VETERINARY MEDICAL BUILDING EXPANSION AND WISCONSIN DAIRY FARMING RESEARCH PARTNERS FUND | $125,000 |
WISCONSIN AGRICULTURAL EDUCATION CENTER INC PURPOSE: WISCONSIN AGRICULTURAL EDUCATION CENTER BUILDING FUND | $10,000 |