Shelby County Agricultural And Mechanical is located in Shelbyville, KY. The organization was established in 1991. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shelby County Agricultural And Mechanical 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 12/2021, Shelby County Agricultural And Mechanical generated $454.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $350.8k during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
AGRICULTURAL EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION SPONSORS A NUMBER OF DIFFERENT ACTIVITIES THROUGHOUT THE YEAR, WHICH INCLUDE LUMBER JACK CONTEST, BEEF, DAIRY, AND HORSE SHOWS, SEVERAL KINDS OF PAGEANTS, AND TRACTOR PULLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Ingram President | OfficerTrustee | 10 | $0 |
Gary Walls Vice Preside | OfficerTrustee | 10 | $0 |
Camie Turner Secretary | OfficerTrustee | 10 | $0 |
John Early Treasurer | OfficerTrustee | 10 | $0 |
Doug Burkett Director | Trustee | 1 | $0 |
Colby Eades Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $250 |
Fundraising events | $75,927 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $744 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $76,921 |
Total Program Service Revenue | $0 |
Investment income | $388 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $117,796 |
Net Gain/Loss on Asset Sales | $500 |
Net Income from Fundraising Events | $256,118 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $454,618 |
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 | $1,175 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,343 |
Office expenses | $4,388 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $85,707 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $945 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $39,230 |
Insurance | $13,504 |
All other expenses | $2,491 |
Total functional expenses | $350,755 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,403 |
Savings and temporary cash investments | $274,898 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $890,735 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,168,036 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $2,600 |
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 | $2,600 |
Net assets without donor restrictions | $0 |
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 | $1,165,436 |
Total liabilities and net assets/fund balances | $1,168,036 |
Over the last fiscal year, we have identified 1 grants that Shelby County Agricultural And Mechanical has recieved totaling $19.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Organization Name | Assets | Revenue |
---|---|---|
National Assn Of State Dept Of Agriculture Arlington, VA | $11,534,503 | $27,147,679 |
Agricultural Retailers Association Arlington, VA | $7,161,238 | $3,721,691 |
National Agricultural Aviation Association Alexandria, VA | $4,837,263 | $3,074,884 |
Ohio Ecological Food And Farm Association Certification Columbus, OH | $723,448 | $1,998,099 |
Kentucky Corn Growers Association Eastwood, KY | $10,650,965 | $3,755,391 |
Producers Livestock Credit Assoc Columbus, OH | $13,618,291 | $3,463,725 |
Dekalb County Farm Bureau Sycamore, IL | $2,798,652 | $1,236,356 |
Ohio Corn & Wheat Growers Assoc Delaware, OH | $2,239,785 | $1,312,659 |
National Assn Of Farm Broadcasters Platte City, MO | $5,376,583 | $1,403,716 |
Farm Equipment Manufacturers Association Saint Louis, MO | $4,847,175 | $923,223 |
Knox County Farm Bureau Knoxville, TN | $1,372,068 | $906,855 |
Gap Connections Inc Knoxville, TN | $584,958 | $913,467 |