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← AMERICAN INSTITUTE OF BAKING

Form 990 for tax year 2024

Filed by AMERICAN INSTITUTE OF BAKING.

Totals

Total revenue
$1,010,192
Total expenses
$1,974,982
Contributions and grants received
$0
Grants paid
$161,209
Program service revenue
$0
Investment income
$619,004
Other revenue
$391,188
Total assets, end of year
$43,666,786
Total liabilities, end of year
$10,867,302
Net assets or fund balances, end of year
$32,799,484
Program services expenses (Part IX)
$283,394
Management and general expenses
$1,691,588
Fundraising expenses
$0
Program service expenses (Part III)
$283,394

Program services were 14.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $385,457 · excluded $385,457

  • 7a · Gross sales of assets other than inventory

    securities $4,136,088 · other assets $6,064

  • 7b · Less cost or other basis and sales expenses

    securities $3,902,471 · other assets $6,134

  • 7c · Gain or loss

    securities $233,617 · other assets -$70

  • 7d · Net gain or loss

    total $233,547 · excluded $233,547

  • 11a · Other revenue: LEASE TO FOR-PROFIT

    total $373,159 · unrelated business $373,159

  • 11b · Other revenue: FEDERAL TAX REFUND

    total $17,829 · excluded $17,829

  • 11c · Other revenue: MISCELLANEOUS REVENUE

    total $200 · excluded $200

  • 11e · Other revenue, total

    $391,188

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $161,209 · program services $161,209

  • 11b · Fees: legal

    total $5,390 · management and general $5,390

  • 11f · Fees: investment management

    total $146,596 · management and general $146,596

  • 11g · Fees: other

    total $127,419 · management and general $127,419

  • 13 · Office expenses

    total $62,531 · program services $21 · management and general $62,510

  • 14 · Information technology

    total $448,290 · management and general $448,290

  • 16 · Occupancy

    total $211,864 · program services $100 · management and general $211,764

  • 19 · Conferences, conventions and meetings

    total $48,204 · management and general $48,204

  • 20 · Interest

    total $276,348 · management and general $276,348

  • 22 · Depreciation, depletion and amortization

    total $89,902 · management and general $89,902

  • 23 · Insurance

    total $72,468 · management and general $72,468

  • 24a · Other expenses: STAFF EXPENSES

    total $282,430 · program services $110,424 · management and general $172,006

  • 24b · Other expenses: INVESTMENT ADMIN EXPENS

    total $30,466 · management and general $30,466

  • 24c · Other expenses: COST OF GOODS SOLD

    total $10,615 · program services $10,615

  • 24d · Other expenses: MISCELLANEOUS EXPENSE

    total $1,025 · program services $1,025

  • 24e · All other expenses

    total $225 · management and general $225

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $131,771 · end of year $68,421

  • 8 · Inventories for sale or use

    beginning of year $15,005 · end of year $17,336

  • 9 · Prepaid expenses and deferred charges

    beginning of year $194,097 · end of year $119,637

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

    $11,443,777

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,536,588

  • 10c · Land, buildings and equipment, net

    beginning of year $5,978,753 · end of year $5,907,189

  • 11 · Investments: publicly traded securities

    beginning of year $15,700,633 · end of year $16,281,650

  • 15 · Other assets

    beginning of year $22,644,551 · end of year $21,272,553

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,303,576 · end of year $4,191,111

  • 23 · Secured mortgages and notes payable

    beginning of year $8,478,957 · end of year $5,825,732

  • 25 · Other liabilities

    beginning of year $968,181 · end of year $850,459

  • 27 · Net assets without donor restrictions

    beginning of year $23,116,001 · end of year $23,966,445

  • 28 · Net assets with donor restrictions

    beginning of year $8,798,095 · end of year $8,833,039

Mission and programs · 2024

Mission

AMERICAN INSTITUTE OF BAKING EMPOWERS CLIENTS WORLDWIDE TO ELEVATE THEIR FOOD SAFETY AND PRODUCTION PROCESS CAPABILITIES BY DEVELOPING AND DELIVERING APPLICATION-ORIENTED LEARNING, CONSULTING, AND VALUE-ADDED SERVICES.

Activities or mission (Part I)

EMPOWER THE GLOBAL FOOD INDUSTRY TO ELEVATE THEIR FOOD SAFETY AND GRAIN-BASED PRODUCTION CAPABILITIES

  • RESEARCH & LABORATORIES - PRIMARY PURPOSE IS TO CONDUCT BASIC RESEARCH IN CEREAL SCIENCE AND NUTRITION AND TO PROVIDE TECHNICAL ASSISTANCE TO THE FOOD INDUSTRY.

    Expenses $161,209 · Grants $161,209

  • FOOD SAFETY SERVICES AND APPLICATION SEMINARS - PRIMARY PURPOSE IS TO PROVIDE TRAINING IN VARIOUS APPLICATIONS PERTAINING TO THE BAKING AND FOOD INDUSTRY.

    Expenses $122,185

  • BAKING AND FOOD TECHNICAL SERVICE - PRIMARY PURPOSE IS TO EDUCATE PEOPLE IN THE SCIENCE AND ART OF BAKING, BAKERY MANAGEMENT AND ALLIED SCIENCES THROUGH COURSES, SEMINARS AND PUBLICATIONS.

As filed on the 2024 return.

Listed in Part VII

  • Tom Ogle

    SECRETARY/TREASURER/EX OFFICIO

    Total calculated
    $308,297
    From this org
    $0
    From related orgs
    $292,777
    Other
    $15,520
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $229,862 related
    Bonus
    $0 + $60,841 related
    Other
    $0 + $2,074 related
    Deferred
    $0 + $12,138 related
    Nontaxable benefits
    $0 + $3,382 related
    Filer's total
    $0 + $308,297 related
  • Tameka Carr

    CHAIR/TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Morgan Murphy

    VICE CHAIR/TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Bradley T Allen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Thomas Benner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Arturo Carrillo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Marie Chan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Everett Gasbarro

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Greg Ismach

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Todd Larson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Pat Murphy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Arnab Sarkar

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Valerie Val Wayland

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Campbell Williams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Jo Anne Williams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Lucy Williams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Daniel R Martin

    CEO/PRESIDENT/EX OFFICIO

    Total calculated
    $629,382
    From this org
    $0
    From related orgs
    $567,154
    Other
    $62,228
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $409,314 related
    Bonus
    $0 + $154,228 related
    Other
    $0 + $3,612 related
    Deferred
    $0 + $11,480 related
    Nontaxable benefits
    $0 + $50,748 related
    Filer's total
    $0 + $629,382 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
AIB INTERNATIONAL USES A COMPENSATION COMMITTEE AND INDEPENDENT COMPENSATION CONSULTANT TO DETERMINE THE COMPENSATION FOR AMERICAN INSTITUTE OF BAKING'S CEO/EXECUTIVE DIRECTOR. COMPENSATION MUST ALSO GO THROUGH APPROVAL BY THE ORGANIZATIONS'S BOARD. COMPENSATION IS PAID AND REVIEWED BY AIB INTERNATIONAL INC, A RELATED ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • RESEARCH STRATEGY GROUP INTERNATIONAL

    $155,999

    RESEARCH

  • UNIVERSITY OF MISSOURI

    $5,210

    PUBLICATION OF RESEARCH

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • AIB INTERNATIONAL INC

    C · CONSULTING · KS · 100% owned · share of income $26,638,621 · share of assets $11,969,846 · controlled entity

    Directly controlled by AMERICAN INSTITUTE OF BAKING

  • AIB INTERNATIONAL CERTIFICATION SERVICES

    C · AUDITING · KS · 100% owned · share of income $11,595,164 · share of assets $7,576,557 · controlled entity

    Directly controlled by AMERICAN INSTITUTE OF BAKING

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202513219349317641

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