Advertising Club Of Kansas City
- Assets
- $209.2k
- Revenue
- $94.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 11/1949
- Data as of
- 06/2022
- EIN
- 44-0146710
Organization Overview
Advertising Club Of Kansas City is located in Kansas City, MO. The organization was established in 1949. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advertising Club Of Kansas City is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Advertising Club Of Kansas City generated $94.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $97.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ADVERTISING CLUB OF KANSAS CITY SHALL BE TO PROMOTE A BETTER UNDERSTANDING OF THE ADVERTISING, MARKETING AND COMMUNICATIONS INDUSTRY AND ITS VALUE; DEVELOP THE PROFESSIONAL AND TECHNICAL ABILITIES OF ITS MEMBERS, STUDENTS AND OTHERS INTERESTED IN THE INDUSTRY; TO ENCOURAGE THE HIGHEST STANDARDS OF PRACTICE WITHIN THE INDUSTRY; TO WORK FOR THE GOOD OF THE COMMUNITY AND THE FUTURE OF THE GREATER KANSAS CITY STANDARD METROPOLITAN STATISTICAL AREA; TO RECOGNIZE EXCELLENCE IN ADVERTISING; TO PROMOTE GOOD FELLOWSHIP AND A FREE EXCHANGE OF IDEAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPARK KC (FORMALLY CAREER DAY)IS AN ANNUAL PROFESSIONAL DEVELOPMENT EVENT. IT OFFERS VARIOUS SESSIONS FROM WELL KNOWN SPEAKERS WITH CUTTING EDGE TOPICS FOR PROFESSIONAL GROWTH. IT ALSO OFFERS RESUME AND PORTFOLIO REVIEWS FROM TOP EXECUTIVES IN THE KANSAS CITY ADVERTISING COMMUNITY.
IN IT'S QUEST TO FULFILL THE ORGANIZATION'S MISSION, THEY OFFER A UNIQUE PROGRAM CALLED, "AD2 CLUB." THIS PROGRAM IS DESIGNED SPECIFICALLY FOR MEMBERS AGED 32 AND UNDER JUST STARTING THEIR ADVERTISING CAREERS. THIS PROGRAM DESIGNS EVENTS FOR MEMBERS TO BROADEN THEIR CAREER NETWORKS AND EXPERIENCES BY WORKING WITH FELLOW MEMBERS IN THE COMMUNITY ON VARIOUS PROJECTS. ONE SUCH PROJECT IS THE "VIRTUAL AGENCY." FOR THIS PROJECT, EACH YEAR A PHILANTHROPIC ORGANIZATION WITH A NEED FOR ADVERTISING SERVICES IS CHOSEN AND AD2 MEMBERS TEAM UP TO CREATE A MINI AGENCY AND WORK TOGETHER IN ALL DISCIPLINES TO SUPPORT THE CHOSEN ORGANIZATION. MEMBERS VOLUNTEER THEIR TIME AND IDEAS ALL YEAR TO DEVELOP AND DELIVER A CAMPAIGN TO THE CHOSEN ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marianne Gjerstad President | OfficerTrustee | $0 | |
Stephanie Garcia VP - Finance | OfficerTrustee | $0 | |
Anne Fundakowski Vice Preside | OfficerTrustee | $0 | |
Seth Gunderson Vice Preside | OfficerTrustee | $0 | |
Roy Milton Vice Preside | OfficerTrustee | $0 | |
Josie Black Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $56,980 |
| 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 | $56,980 |
| Total Program Service Revenue | $29,657 |
| Investment income | $4,566 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $833 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $94,705 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,583 |
| Advertising and promotion | $0 |
| Office expenses | $1,441 |
| Information technology | $3,124 |
| Royalties | $0 |
| Occupancy | $2,807 |
| Travel | $1,792 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,606 |
| Interest | $0 |
| Payments to affiliates | $12,053 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,154 |
| All other expenses | $0 |
| Total functional expenses | $97,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $81,569 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,750 |
| 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 | $11,417 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $111,424 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $209,160 |
| Accounts payable and accrued expenses | $11,829 |
| 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 | $11,829 |
| Net assets without donor restrictions | $197,331 |
| 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 | $209,160 |