Totals
- Total revenue
- $6,671,861
- Total expenses
- $6,281,048
- Contributions and grants received
- $1,331,934
- Grants paid
- $0
- Program service revenue
- $2,917,522
- Investment income
- $240,012
- Other revenue
- $2,182,393
- Total assets, end of year
- $12,529,667
- Total liabilities, end of year
- $7,759,679
- Net assets or fund balances, end of year
- $4,769,988
- Program services expenses (Part IX)
- $4,938,274
- Management and general expenses
- $1,325,260
- Fundraising expenses
- $17,514
- Program service expenses (Part III)
- $4,938,274
Program services were 78.6% 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.
-
1c · Fundraising events
$56,684
-
1e · Government grants (contributions)
$1,165,049
-
1f · All other contributions, gifts and grants
$110,201
-
1g · Noncash contributions included above
$72,864
-
2a · Program service revenue: PROGRAM AND SPECIAL EVENTS
total $1,731,125 · related or exempt $1,731,125
-
2b · Program service revenue: FARM AND RESEARCH REVENUE
total $722,548 · related or exempt $722,548
-
2c · Program service revenue: RENTAL AND LEASE REVENUE
total $452,831 · related or exempt $452,831
-
2d · Program service revenue: OTHER
total $11,018 · related or exempt $11,018
-
3 · Investment income
total $243,474 · excluded $243,474
-
6a · Gross rents
real property $1,897,961
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $1,897,961
-
6d · Net rental income or loss
total $1,897,961 · related or exempt $1,897,961
-
7b · Less cost or other basis and sales expenses
other assets $3,462
-
7c · Gain or loss
other assets -$3,462
-
7d · Net gain or loss
total -$3,462 · related or exempt -$3,462
-
8a · Fundraising events: gross income
$157,276
-
8a · Fundraising events: contributions included on line 1c
$56,684
-
8b · Fundraising events: direct expenses
$185,462
-
8c · Net income from fundraising events
total -$28,186 · excluded -$28,186
-
11a · Other revenue: SETTLEMENT REVENUE
total $280,000 · related or exempt $280,000
-
11b · Other revenue: MISC REVENUE
total $32,618 · related or exempt $32,618
-
11e · Other revenue, total
$312,618
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $424,492 · program services $264,666 · management and general $159,826
-
7 · Other salaries and wages
total $1,537,352 · program services $1,028,560 · management and general $494,427 · fundraising $14,365
-
8 · Pension plan contributions
total $56,011 · program services $24,280 · management and general $31,321 · fundraising $410
-
9 · Other employee benefits
total $228,829 · program services $149,412 · management and general $77,741 · fundraising $1,676
-
10 · Payroll taxes
total $145,153 · program services $77,122 · management and general $66,968 · fundraising $1,063
-
11b · Fees: legal
total $93,334 · program services $92,934 · management and general $400
-
11c · Fees: accounting
total $16,000 · management and general $16,000
-
11g · Fees: other
total $37,346 · program services $24,334 · management and general $13,012
-
13 · Office expenses
total $36,421 · program services $23,801 · management and general $12,620
-
14 · Information technology
total $59,302 · program services $3,112 · management and general $56,190
-
16 · Occupancy
total $805,071 · program services $805,071
-
17 · Travel
total $57,421 · program services $48,905 · management and general $8,516
-
19 · Conferences, conventions and meetings
total $14,388 · program services $2,475 · management and general $11,913
-
20 · Interest
total $3,008 · management and general $3,008
-
22 · Depreciation, depletion and amortization
total $366,921 · program services $341,518 · management and general $25,403
-
23 · Insurance
total $254,467 · program services $215,352 · management and general $39,115
-
24a · Other expenses: OTHER
total $767,662 · program services $599,117 · management and general $168,545
-
24b · Other expenses: PROJECT EXPENSE
total $648,920 · program services $648,920
-
24c · Other expenses: CONTRACT LABOR
total $179,287 · program services $179,287
-
24d · Other expenses: FARM SUPLIES
total $177,204 · program services $177,204
-
24e · All other expenses
total $372,459 · program services $232,204 · management and general $140,255
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $173,717 · end of year $90,426
-
2 · Savings and temporary cash investments
beginning of year $1,565,773 · end of year $1,514,419
-
4 · Accounts receivable
beginning of year $674,955 · end of year $983,111
-
8 · Inventories for sale or use
beginning of year $177,963 · end of year $166,641
-
9 · Prepaid expenses and deferred charges
beginning of year $12,461 · end of year $22,134
-
10a · Land, buildings and equipment: cost or other basis
$7,617,737
-
10b · Land, buildings and equipment: accumulated depreciation
$4,957,720
-
10c · Land, buildings and equipment, net
beginning of year $2,312,229 · end of year $2,660,017
-
15 · Other assets
beginning of year $6,916,763 · end of year $7,092,919
-
17 · Accounts payable and accrued expenses
beginning of year $395,462 · end of year $673,271
-
19 · Deferred revenue
beginning of year $320,479 · end of year $162,363
-
25 · Other liabilities
beginning of year $6,738,745 · end of year $6,924,045
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $4,379,175 · end of year $4,769,988
Mission and programs · 2022
Mission
AGRICENTER INTERNATIONAL, THE EDUCATION, AGRIBUSINESS, RESEARCH AND AGRICULTURAL HUB OF THE MID-SOUTH, HAS A $524 MILLION ANNUAL ECONOMIC IMPACT ON THE REGION, HOSTS OVER 1.3 MILLION VISITORS ANNUALLY, AND EDUCATES OVER 10,000 STUDENTS ANNUALLY.
Activities or mission (Part I)
TO ADVANCE KNOWLEDGE AND UNDERSTANDING OF AGRICULTURE
-
FARM AND FARM RESEARCH: THE WORLDS LARGEST URBAN FARM AND RESEARCH TEST FACILITY PROVIDES A PROFESSIONAL FORUM FOR UNBIASED DEVELOPMENT, EVALUATION, DEMONSTRATION, EDUCATION, AND MARKETING OF THE LATEST AND MOST ADVANCED AGRICULTURAL TECHNOLOGIES AND PRODUCTS.
Expenses $1,122,602 · Revenue $903,818
-
EXPO CENTER AND OFFICE LEASES: AGRICENTER INTERNATIONAL LEASES OFFICES AND FACILITIES TO AGRICULTURAL RELATED BUSINESSES SUCH AS THE UNIVERSITY OF TENNESSEE AG EXTENSION, THE NATIONAL WEATHER SERVICE, AND THE USDA.
Expenses $1,241,496 · Revenue $1,258,592
-
SHOW PLACE ARENA: THE AGRICENTER SHOW PLACE ARENA IS A MULTI-PURPOSE FACILITY FOR EQUESTRIAN EVENTS, FESTIVALS, CONCERTS, CIRCUSES, TRADE SHOWS, CAR & BOAT SHOWS, AND MORE. THE FACILITY OFFERS A BEAUTIFUL MAIN ARENA, A COVERED MULIT-PURPOSE ARENA, AN OUTDOOR ARENA, AND AN INDOOR WARM UP ARENA. THERE ARE (6) BARNS OFFERING OVER 600 TOTAL STALLS. OTHER AMENITIES INCLUDE A SHOW OFFICE, SHOW TRAILER, INDOOR & OUTDOOR TICKET BOOTHS.
Expenses $1,106,920 · Revenue $900,672
-
Expenses $1,467,256 · Revenue $2,061,557
As filed on the 2022 return.
Listed in Part VII
-
Earl GrochauEARL GROCHAU
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marjory WalkerMARJORY WALKER
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
John ButlerJOHN BUTLER
PRESIDENT
- Total calculated
- $173,158
- From this org
- $159,826
- From related orgs
- $0
- Other
- $13,332
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $159,826
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $13,332
- Filer's total
- $173,158
-
Margaret OldhamMARGARET OLDHAM
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Charles AskewCHARLES ASKEW
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joel FulmerJOEL FULMER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Willie GermanWILLIE GERMAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Andrew JordanANDREW JORDAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dian Berryman McGuireDIAN BERRYMAN MCGUIRE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joe McKinnonJOE MCKINNON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim PriceTIM PRICE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark PryorMARK PRYOR
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Gary TaylorGARY TAYLOR
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jim ToddJIM TODD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brad WilliamsBRAD WILLIAMS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Colleen CouryCOLLEEN COURY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Garner WilliamsGARNER WILLIAMS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mollie NewmanMOLLIE NEWMAN
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Larry RobinsonLARRY ROBINSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Hunt ShipmanHUNT SHIPMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sean McCartySEAN MCCARTY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Henry EstesHENRY ESTES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Micha GairhanMICHA GAIRHAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bliss HickyBLISS HICKY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dave MarroneDAVE MARRONE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Fred NicholsFRED NICHOLS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Matt WeathersbyMATT WEATHERSBY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark HoggardMARK HOGGARD
MANAGER - RV PARK & FARMER
- Total calculated
- $140,512
- From this org
- $114,664
- From related orgs
- $0
- Other
- $25,848
- Hours/week
- 40
-
Bruce KirkseyBRUCE KIRKSEY
DIRECTOR OF FARM AND RESEA
- Total calculated
- $168,593
- From this org
- $150,002
- From related orgs
- $0
- Other
- $18,591
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,002
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $18,591
- Filer's total
- $168,593
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
- 3 · Approval by the board or compensation committee
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
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SHELBY COUNTY GOVERNMENT
170(B)(1) · GOVERNMENTAL UNIT · TN
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 27 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431319349301943
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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