Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $303,206

• 1f · All other contributions, gifts and grants

  $636,000

• 2a · Program service revenue: EDUCATIONAL PROGRAMS

  total $3,213,681 · related or exempt $3,213,681

• 3 · Investment income

  total $27,734 · excluded $27,734

• 7a · Gross sales of assets other than inventory

  securities $116,061

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

  securities $70,480

• 7c · Gain or loss

  securities $45,581

• 7d · Net gain or loss

  total $45,581 · excluded $45,581

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $102,550 · program services $102,550

• 2 · Grants to domestic individuals

  total $110,000 · program services $110,000

• 5 · Compensation of officers, directors and key employees

  total $142,227 · program services $119 · management and general $142,108

• 7 · Other salaries and wages

  total $1,060,946 · program services $996,956 · management and general $63,990

• 8 · Pension plan contributions

  total $7,254 · management and general $7,254

• 9 · Other employee benefits

  total $4,828 · management and general $4,828

• 10 · Payroll taxes

  total $13,425 · management and general $13,425

• 11b · Fees: legal

  total $425 · management and general $425

• 11c · Fees: accounting

  total $34,888 · management and general $34,888

• 11g · Fees: other

  total $40,195 · program services $40,195

• 13 · Office expenses

  total $10,785 · program services $6,515 · management and general $4,270

• 14 · Information technology

  total $166,991 · program services $162,734 · management and general $4,257

• 16 · Occupancy

  total $15,477 · program services $12,085 · management and general $3,392

• 17 · Travel

  total $64,843 · program services $64,843

• 19 · Conferences, conventions and meetings

  total $2,220,125 · program services $2,214,158 · management and general $5,967

• 23 · Insurance

  total $15,522 · program services $12,120 · management and general $3,402

• 24a · Other expenses: REGISTRATIONS

  total $74,161 · program services $74,161

• 24b · Other expenses: C.C. PROCESSING FEES

  total $65,887 · program services $51,447 · management and general $14,440

• 24c · Other expenses: PAYROLL FEES

  total $560 · management and general $560

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $250,000 · end of year $250,000

• 2 · Savings and temporary cash investments

  beginning of year $918,879 · end of year $2,094,556

• 4 · Accounts receivable

  beginning of year $151,237 · end of year $55,611

• 9 · Prepaid expenses and deferred charges

  beginning of year $56,440 · end of year $201,520

• 11 · Investments: publicly traded securities

  end of year $971,305

• 15 · Other assets

  beginning of year $947,387 · end of year $415,317

• 17 · Accounts payable and accrued expenses

  beginning of year $39,972 · end of year $25,926

• 19 · Deferred revenue

  beginning of year $935,631 · end of year $1,509,035

• 27 · Net assets without donor restrictions

  beginning of year $898,260 · end of year $997,518

• 28 · Net assets with donor restrictions

  beginning of year $450,080 · end of year $1,455,830

The filer's explanations (Part III)

PART I, LINE 3

THE MEAT FOUNDATION DOES NOT HAVE ANY EMPLOYEES. ALL OFFICERS OF THE ORGANIZATION ARE EMPLOYEES OF THE RELATED ORGANIZATION, MEAT INSTITUTE AND FOLLOW ALL POLICIES SET FORTH BY MI. MI USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE CEO: - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

PART I, LINE 4B

JULIE ANNA POTTS AND MARK DOPP PARTICIPATED IN A 457F PLAN.

SCHEDULE J, SUPPLEMENTAL INFORMATION:

THE MEAT FOUNDATION SHARES MANAGEMENT, STAFF AND OFFICE FACILITIES WITH THE MEAT INSTITUTE. IN ADDITION, SEVERAL OFFICERS OF THE MEAT FOUNDATION ARE EMPLOYEES OF THE MEAT INSTITUTE. CERTAIN OPERATING COSTS ARE BILLED TO THE MEAT FOUNDATION BASED UPON APPROPRIATE APPORTIONMENT METHODS. DURING 2024, THE MEAT FOUNDATION INCURRED $997,075 OF DIRECT EXPENSES AND PROGRAM STAFF COSTS FOR THE MEAT INSTITUTE'S ACTIVITIES. ADDITIONALLY, DURING 2024, THE MEAT INSTITUTE INCURRED EXPENSES OF $303,206 FOR THE ADMINISTRATION OF THE MEAT FOUNDATION'S ACTIVITIES.