Form 990 for tax year 2024

1e · Government grants (contributions)

$7,180,290

2a · Program service revenue: CHEESE EXPO/CONFERENCE INCOME

total $1,720,262 · related or exempt $1,720,262

2b · Program service revenue: CHEESE CONTEST PROGRAM

total $627,423 · related or exempt $627,423

2c · Program service revenue: MEMBERSHIP DUES

total $578,064 · related or exempt $578,064

2d · Program service revenue: OTHER PROGRAM REVENUE

total $165,443 · related or exempt $165,443

3 · Investment income

total $104,899 · excluded $104,899

7a · Gross sales of assets other than inventory

securities $558,975

7b · Less cost or other basis and sales expenses

securities $461,788 · other assets $2,438

7c · Gain or loss

securities $97,187 · other assets -$2,438

7d · Net gain or loss

total $94,749 · excluded $94,749

8a · Fundraising events: gross income

$268,070

8b · Fundraising events: direct expenses

$105,494

8c · Net income from fundraising events

total $162,576 · excluded $162,576

1 · Grants to domestic organizations and governments

total $7,026,000

2 · Grants to domestic individuals

total $19,709

5 · Compensation of officers, directors and key employees

total $346,787

7 · Other salaries and wages

total $982,630

8 · Pension plan contributions

total $132,555

9 · Other employee benefits

total $89,793

10 · Payroll taxes

total $87,068

11b · Fees: legal

total $6,185

11c · Fees: accounting

total $122,049

11d · Fees: lobbying

total $1,821

11f · Fees: investment management

total $7,893

11g · Fees: other

total $780

12 · Advertising and promotion

total $12,042

13 · Office expenses

total $22,061

14 · Information technology

total $54,221

16 · Occupancy

total $120,364

17 · Travel

total $38,486

19 · Conferences, conventions and meetings

total $749,558

22 · Depreciation, depletion and amortization

total $45,070

23 · Insurance

total $13,094

24a · Other expenses: CHEESE CONTESTS

total $269,037

24b · Other expenses: OTHER EXPENSES

total $135,550

24c · Other expenses: MEMBER EDUCATION & DEVE

total $112,660

24d · Other expenses: DUES AND SUBSCRIPTIONS

total $31,969

1 · Cash, non-interest-bearing

beginning of year $0 · end of year $14,965

2 · Savings and temporary cash investments

beginning of year $6,676,481 · end of year $5,035,369

3 · Pledges and grants receivable

beginning of year $361,192 · end of year $436,206

4 · Accounts receivable

beginning of year $211,351 · end of year $119,310

9 · Prepaid expenses and deferred charges

beginning of year $341,806 · end of year $365,861

10a · Land, buildings and equipment: cost or other basis

$281,646

10b · Land, buildings and equipment: accumulated depreciation

$79,751

10c · Land, buildings and equipment, net

beginning of year $191,856 · end of year $201,895

11 · Investments: publicly traded securities

beginning of year $428,033 · end of year $481,490

14 · Intangible assets

beginning of year $29,072 · end of year $19,737

15 · Other assets

beginning of year $637,291 · end of year $576,027

17 · Accounts payable and accrued expenses

beginning of year $509,885 · end of year $501,823

18 · Grants payable

beginning of year $312,931 · end of year $100,000

19 · Deferred revenue

beginning of year $3,532,365 · end of year $1,866,105

25 · Other liabilities

beginning of year $648,238 · end of year $593,627

27 · Net assets without donor restrictions

beginning of year $3,786,875 · end of year $4,100,894

28 · Net assets with donor restrictions

beginning of year $86,788 · end of year $88,411