Kansas Livestock Association
- Assets
- $13.3m
- Revenue
- $11.5m
- Investments
- $10.0k
- Employees
- 31
- Location
- Topeka, KS
- Founding
- 08/1944
- Data as of
- 12/2023
- EIN
- 48-0546612
Organization Overview
Kansas Livestock Association is located in Topeka, KS. The organization was established in 1944. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, Kansas Livestock Association employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas Livestock Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Kansas Livestock Association generated $11.5m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $11.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Kansas Livestock Association has awarded 19 individual grants totaling $773,640. 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
LIVESTOCK INDUSTRY PROMOTION & RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSEMBLED & DISTRIBUTED INFORMATION RELATED TO LIVESTOCK AND LIVESTOCK PRODUCTS, PROMOTED THE LIVESTOCK INTERESTS OF ITS 5,720 MEMBERS, PROMOTED EDUCATIONAL PROGRAMS RELATED TO LIVESTOCK PURSUITS AND PUBLISHED A MONTHLY MAGAZINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Weltmer President (eff. 12/1/2023) | OfficerTrustee | 1 | $0 |
Shawn Tiffany President (thru. 12/1/2023) | OfficerTrustee | 1 | $0 |
Troy Sander President-Elect (eff. 12/1/2023) | OfficerTrustee | 1 | $0 |
Philip Perry Immediate Past President (thru. 12/1/2023) | OfficerTrustee | 1 | $0 |
Tyler Breeden Director | Trustee | 1 | $0 |
Spencer Jones Director (thru. 12/1/2023) | Trustee | 1 | $0 |
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 | $11,296,397 |
| Investment income | $323,930 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$174,895 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,469,261 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $95,000 |
| 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. | $566,295 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,847,771 |
| Pension plan accruals and contributions | $173,426 |
| Other employee benefits | $386,077 |
| Payroll taxes | $181,641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,964 |
| Fees for services: Other | $206,514 |
| Advertising and promotion | $2,192,776 |
| Office expenses | $324,743 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $110,405 |
| Travel | $312,213 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $309,951 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,285 |
| Insurance | $49,237 |
| All other expenses | $380,081 |
| Total functional expenses | $11,904,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,568,716 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $285,365 |
| 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 | $118,762 |
| Net Land, buildings, and equipment | $453,263 |
| Investments—publicly traded securities | $6,397,687 |
| Investments—other securities | $10,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,438,545 |
| Total assets | $13,272,338 |
| Accounts payable and accrued expenses | $1,316,402 |
| Grants payable | $0 |
| Deferred revenue | $1,028,016 |
| 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 | $1,513,628 |
| Total liabilities | $3,858,046 |
| Net assets without donor restrictions | $7,976,498 |
| Net assets with donor restrictions | $1,437,794 |
| 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 | $13,272,338 |
Grants Awarded
Over the last fiscal year, Kansas Livestock Association has awarded $95,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
KANSAS FARM FOOD CONNECTION PURPOSE: Cooperative effort of Kansas agriculture organizations to educate consumers about Kansas agriculture | $10,000 |
AGRIBUSINESS FREEDOM FOUNDATION PURPOSE: To support free market information and education efforts | $10,000 |
RANCHLAND TRUST OF KANSAS PURPOSE: To provide financial support to fund an Executive Director position | $25,000 |
KANSAS STATE UNIVERSITY FOUNDATION PURPOSE: To promote food & grain innovation and agronomy research | $50,000 |