Kentucky Farm Bureau Federation

Organization Overview

Kentucky Farm Bureau Federation is located in Louisville, KY. The organization was established in 1964. 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 10/2023, Kentucky Farm Bureau Federation employed 43 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Kentucky 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 10/2023, Kentucky Farm Bureau Federation generated $15.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $13.9m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

KENTUCKY FARM BUREAU IS A GRASSROOTS ORGANIZATION DEDICATED TO SERVING OUR MEMBERSHIP FAMILY AND THEIR COMMUNITIES. AS THE VOICE OF AGRICULTURE, WE IDENTIFY PROBLEMS, DEVELOP SOLUTIONS, PROMOTE ECONOMIC SUCCESS, AND ENHANCE THE QUALITY OF LIFE FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE KENTUCKY FARM BUREAU FEDERATION WAS INCORPORATED ON FEBRUARY 15, 1921, UNDER THE LAWS OF THE COMMONWEALTH OF KENTUCKY, AS A NON-PROFIT ORGANIZATION WITHOUT CAPITAL STOCK, FOR THE ADVANCEMENT AND IMPROVEMENT OF AGRICULTURAL AND ALLIED INTERESTS OF THE FARMERS OF KENTUCKY. THE FEDERATION IS AN ORGANIZATION OF THE VARIOUS COUNTY FARM BUREAUS OF KENTUCKY AND THEIR MEMBERS, AND IS SUPPORTED BY MEMBERSHIP DUES FROM THESE COUNTY UNITS. ADDITIONAL INCOME IS RECEIVED FROM EARNINGS ON INVESTMENTS; FROM RENTAL OF OFFICE SPACE; FROM ROYALTIES AND LICENSING AGREEMENTS; AND FROM OTHER SUNDRY SOURCES.THE FEDERATION HAS THE POWER TO ACQUIRE AND HOLD PROPERTY; TO ACCEPT GIFTS AND BEQUESTS; TO APPROPRIATE AND EXPEND FUNDS FOR THE ADVANCEMENT OF FARMING AND ITS ALLIED INTERESTS; AND TO PERFORM ALL ACTS NECESSARY TO CARRY OUT THE PURPOSE FOR WHICH IT WAS ORGANIZED AND WHICH IT IS EMPOWERED TO DO UNDER ACTS OF THE KENTUCKY LEGISLATURE.AT OCTOBER 31, 2023, THERE WERE 474,378 PAID MEMBERSHIPS BEING SERVED BY THE KENTUCKY FARM BUREAU FEDERATION THROUGH THEIR PROGRAMS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sap Consulting Llc
Consulting Services
$136,758
C & H Audio Visual Services
A/v
$132,537
Artisan Landscape Management
Landscaping
$109,946
View All Vendors

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$8,336,818
Investment income $1,807,940
Tax Exempt Bond Proceeds $0
Royalties $2,388,399
Net Rental Income $2,736,000
Net Gain/Loss on Asset Sales $260,438
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $11,337
Miscellaneous Revenue$0
Total Revenue $15,558,349

Grants Awarded

Over the last fiscal year, Kentucky Farm Bureau Federation has awarded $15,000 in support to 3 organizations.

Grant RecipientAmount

FLORIDA FARM BUREAU WOMENS FUND INC

PURPOSE: HURRICANE MICHAEL RELIEF FOR AGRICULTURE

$5,000

GEORGIA FARM BUREAU FOUNDATION FOR AGRICULTURE INC

PURPOSE: HURRICANE MICHAEL RELIEF FUND

$5,000

OWEN COUNTY EXTENSION DISTRICT FOUNDATION INC

PURPOSE: NEBRASKA DISASTER RELIEF

$5,000
View Grant Profile

Peer Organizations

Organization NameAssets
American Soybean Association
St Louis, MO
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Del-Co Water Company Inc
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Illinois Soybean Board
Bloomington, IL
$20,469,215
Midwest Oper Engineers Construction Industry Research & Serv Tr Fund
Countryside, IL
$18,073,235
Food Allergy Research & Education Inc
Mclean, VA
$16,184,383
National Corn Growers Association
Chesterfield, MO
$21,408,280
Ohio Farm Bureau Federation Inc
Columbus, OH
$19,929,533
Illinois Farm Business Farm Management Association
Urbana, IL
$17,094,430
Food Export Association Of The Midwest Usa
Chicago, IL
$15,025,375
Illinois Corn Marketing Board
Bloomington, IL
$16,961,887
Kentucky Farm Bureau Federation
Louisville, KY
$15,558,349
Indiana Farm Bureau
Indianapolis, IN
$11,980,090
Virginia Farm Bureau Federation Inc
Richmond, VA
$13,050,943
Tennessee Farm Bureau Federation
Columbia, TN
$12,468,711
Ohio Soybean Council
Worthington, OH
$10,613,638
Missouri Corn Merchandising Council
Jefferson City, MO
$5,281,173
National Association Of Agricultural Educators Inc
Lexington, KY
$5,088,058
Illinois Corn Growers Association
Bloomington, IL
$8,094,087
Agricenter International Inc
Memphis, TN
$6,498,400
Mahoning County Agricultural Society
Canfield, OH
$6,257,190
National Swine Registry
West Lafayette, IN
$6,264,418
Indiana Corn Marketing Council
Indianapolis, IN
$5,148,990
Illinois Crop Improvement Assn
Champaign, IL
$5,599,425
Ohio County & Independent Agricultural Societies
Delaware, OH
$9,270,714
Missouri Farm Bureau Federation 1616 Missouri Blvd
Jefferson City, MO
$5,739,456

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