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Nonprofiteer
← AMERICAN ROYAL ASSOCIATION

Form 990 for tax year 2022

Filed by AMERICAN ROYAL ASSOCIATION.

Totals

Total revenue
$10,079,767
Total expenses
$6,593,046
Contributions and grants received
$6,281,133
Grants paid
$145,281
Program service revenue
$3,558,413
Investment income
$157,544
Other revenue
$82,677
Total assets, end of year
$34,425,376
Total liabilities, end of year
$3,456,156
Net assets or fund balances, end of year
$30,969,220
Program services expenses (Part IX)
$5,750,143
Management and general expenses
$639,149
Fundraising expenses
$203,754
Program service expenses (Part III)
$5,750,143

Program services were 87.2% 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

    $171,426

  • 1d · Related organizations

    $20,192

  • 1e · Government grants (contributions)

    $863,000

  • 1f · All other contributions, gifts and grants

    $5,226,515

  • 1g · Noncash contributions included above

    $11,618

  • 2a · Program service revenue: ENTRY FEES

    total $1,235,752 · related or exempt $1,235,752

  • 2b · Program service revenue: OTHER SHOW REVENUES

    total $965,408 · related or exempt $965,408

  • 2c · Program service revenue: TICKET SALES

    total $750,265 · related or exempt $750,265

  • 2d · Program service revenue: AGRICULTURAL SHOW FACILITY RENTAL

    total $546,684 · related or exempt $546,684

  • 2e · Program service revenue: OTHER PROGRAM REVENUE

    total $60,304 · related or exempt $60,304

  • 3 · Investment income

    total $145,873 · excluded $145,873

  • 7a · Gross sales of assets other than inventory

    securities $47,210,088

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

    securities $47,198,417

  • 7c · Gain or loss

    securities $11,671

  • 7d · Net gain or loss

    total $11,671 · excluded $11,671

  • 8a · Fundraising events: gross income

    $131,324

  • 8a · Fundraising events: contributions included on line 1c

    $171,426

  • 8b · Fundraising events: direct expenses

    $79,760

  • 8c · Net income from fundraising events

    total $51,564 · excluded $51,564

  • 10a · Gross sales of inventory

    $398,132

  • 10b · Cost of goods sold

    $367,019

  • 10c · Net income from sales of inventory

    total $31,113 · related or exempt $31,113

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,000 · program services $6,000

  • 2 · Grants to domestic individuals

    total $139,281 · program services $139,281

  • 5 · Compensation of officers, directors and key employees

    total $227,079 · program services $155,357 · management and general $42,929 · fundraising $28,793

  • 7 · Other salaries and wages

    total $806,928 · program services $543,307 · management and general $163,670 · fundraising $99,951

  • 8 · Pension plan contributions

    total $33,702 · program services $25,950 · management and general $2,696 · fundraising $5,056

  • 9 · Other employee benefits

    total $65,994 · program services $50,816 · management and general $5,279 · fundraising $9,899

  • 10 · Payroll taxes

    total $69,193 · program services $53,279 · management and general $5,535 · fundraising $10,379

  • 11b · Fees: legal

    total $143,031 · program services $129,584 · management and general $13,447

  • 11c · Fees: accounting

    total $36,750 · program services $33,295 · management and general $3,455

  • 11f · Fees: investment management

    total $886 · management and general $886

  • 11g · Fees: other

    total $1,799,714 · program services $1,652,778 · management and general $138,993 · fundraising $7,943

  • 12 · Advertising and promotion

    total $95,982 · program services $93,102 · management and general $960 · fundraising $1,920

  • 13 · Office expenses

    total $611,501 · program services $467,609 · management and general $125,464 · fundraising $18,428

  • 14 · Information technology

    total $36,057 · program services $33,894 · management and general $2,163

  • 16 · Occupancy

    total $708,887 · program services $673,138 · management and general $35,749

  • 17 · Travel

    total $35,798 · program services $32,039 · management and general $3,580 · fundraising $179

  • 19 · Conferences, conventions and meetings

    total $165,891 · program services $155,813 · management and general $3,695 · fundraising $6,383

  • 22 · Depreciation, depletion and amortization

    total $95,738 · program services $60,245 · management and general $33,578 · fundraising $1,915

  • 23 · Insurance

    total $86,012 · program services $68,810 · management and general $8,601 · fundraising $8,601

  • 24a · Other expenses: PREMIUMS PAID

    total $952,381 · program services $952,381

  • 24b · Other expenses: ASSOCIATION FEES

    total $146,992 · program services $146,992

  • 24c · Other expenses: AWARDS - RIBBONS AND TR

    total $104,935 · program services $104,935

  • 24d · Other expenses: EVENT OPERATIONS

    total $70,565 · program services $66,801 · management and general $817 · fundraising $2,947

  • 24e · All other expenses

    total $153,749 · program services $104,737 · management and general $47,652 · fundraising $1,360

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,392,151 · end of year $2,027,473

  • 4 · Accounts receivable

    beginning of year $115,577 · end of year $695,707

  • 8 · Inventories for sale or use

    beginning of year $5,888 · end of year $13,364

  • 9 · Prepaid expenses and deferred charges

    beginning of year $306,928 · end of year $308,108

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

    $17,383,123

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

    $4,111,906

  • 10c · Land, buildings and equipment, net

    beginning of year $9,420,851 · end of year $13,271,217

  • 11 · Investments: publicly traded securities

    beginning of year $16,704,538 · end of year $17,772,417

  • 15 · Other assets

    beginning of year $337,090 · end of year $337,090

  • 17 · Accounts payable and accrued expenses

    beginning of year $676,704 · end of year $2,189,096

  • 18 · Grants payable

    end of year $619,407

  • 19 · Deferred revenue

    beginning of year $151,162 · end of year $647,653

  • 27 · Net assets without donor restrictions

    beginning of year $3,148,021 · end of year $3,249,047

  • 28 · Net assets with donor restrictions

    beginning of year $24,307,136 · end of year $27,720,173

Mission and programs · 2022

Mission

OUR MISSION IS TO BE THE NATION'S LEADER FOR FOOD AND AGRICULTURE EDUCATION, EVENTS, AND ENGAGEMENT.

Activities or mission (Part I)

TO BE THE NATION'S LEADER FOR FOOD AND AGRICULTURE EDUCATION, EVENTS, AND ENGAGEMENT.

  • THE AMERICAN ROYAL ASSOCIATION ANNUALLY MANAGES AND HOSTS ONE OF THE NATION'S LARGEST AGRICULTURE EXPOSITIONS INCLUDING LIVESTOCK SHOWS, PRESTIGIOUS HORSE SHOWS, PRCA RODEO, WORLD SERIES OF BARBEQUE CONTEST, AND OTHER SPECIAL EVENTS. THESE EVENTS PROVIDE A FOCUS ON THE REGION'S INHERENT ECONOMIC AND AGRARIAN HERITAGE. THE CONTRIBUTION TO PURPOSE INCLUDES $952,381 IN PREMIUMS AND PRIZES PAID; $104,935 IN AWARDS, RIBBONS, AND TROPHIES; SCHOLARSHIPS OF $139,281; AND EDUCATION PROGRAMS AND JUDGING CONTESTS OF $129,493. OUR ANNUAL REPORT PROVIDES FULL DETAILS OF OUR PROGRAMS AND EVENTS.

    Expenses $5,750,143 · Grants $145,281 · Revenue $3,589,526

As filed on the 2022 return.

Listed in Part VII

  • Gordon Lansford

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Lindsey Smith

    CORPORATE SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Brad Bendle

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Bret Borota

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carol Carlson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tim Congrove

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andrew Fahey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Fuchs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Walt George

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Evan Howe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brian Illig

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cliff Illig

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Kolkhorst

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ann Konecny

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Lagemann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Missy Love

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alex Lowe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pat Macy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ford Maurer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Julie McCann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.5 related
  • Russ Meinhardt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Moncke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Blake Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ben Nichols

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeanette Prenger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mike Roos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Duke Sand

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jara Settles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Stewart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Stofer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sarah Tate

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Charlie Tetrick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.5 related
  • Ken Wagner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jack Ward

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ryan Wilkerson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Yowell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Malcolm Aslin

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bryan Beaver

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Harry Cleberg

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Fowler

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mary Hunkeler

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • J Mariner Kemper

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.5 related
  • Brant Laue

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pete Lemke

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Fred Lyons

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Greg Maday

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul McKie

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Mitchell Jr

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.5 related
  • Robert Petersen

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Rismiller

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cynthia Savage

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Angie Stanland

    LIFETIME DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.5 related
  • Jackie McClaskey

    PRESIDENT/CEO

    Total calculated
    $227,079
    From this org
    $201,597
    From related orgs
    $0
    Other
    $25,482
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $201,597
    Bonus
    $0
    Other
    $0
    Deferred
    $18,149
    Nontaxable benefits
    $7,333
    Filer's total
    $227,079

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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 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.

  • AMERICAN ROYAL ASSOCIATION CHARITABLE FOUNDATION TRUST

    501(C)(3) · TO SUPPORT THE ACTIVITIES OF AMERICAN ROYAL ASSOCIATION, INC. · MO · controlled entity

    Directly controlled by AMERICAN ROYAL ASSOCIATION INC

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202303189349318310

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