Form 990 for tax year 2023

Totals

Total revenue

$536,605

Total expenses

$239,408

Contributions and grants received

$438,186

Grants paid

$315,267

Program service revenue

$0

Investment income

$97,895

Other revenue

$524

Total assets, end of year

$3,144,812

Total liabilities, end of year

$475,408

Net assets or fund balances, end of year

$2,669,404

Program services expenses (Part IX)

$225,637

Management and general expenses

$13,771

Fundraising expenses

$0

Program service expenses (Part III)

$225,637

Program services were 94.2% 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.

Mission and programs · 2023

• RESEARCH: THE INSTITUTE BELIEVES THAT GOVERNMENT REGULATORY AND LEGISLATIVE PROPOSALS MUST BE SCIENCE-BASED, AND THAT THE INSTITUTE MUST MAINTAIN A LIQUID ASSET FUND TO CHALLENGE QUESTIONABLE OR "DIRECTED" SCIENCE THAT SEEKS TO BE A MEANS TO AN END IN OVER-REGULATING THE FEED INDUSTRY OR LACKING JUSTIFICATION BASED ON REAL SCIENCE AND ITS MEANINGS. SECOND, THE INSTITUTE BELIEVES THAT UNDERSTANDING THE POTENTIAL CONTAMINANTS IN FEED ARE PARAMOUNT TO PRODUCING A SAFE FEED AND FOOD SUPPLY FROM MEAT, MILK, EGGS, AND FISH. ALSO, THE INSTITUTE BELIEVES THAT THE NATIONAL RESEARCH COUNCIL HAS A RICH HISTORY OF ASSISTING THE FEED INDUSTRY SINCE 1928 BY ASSEMBLING WORLD CLASS SCIENTISTS TO REVIEW RESEARCH AND DEVELOP CUTTING EDGE NUTRIENT REQUIREMENTS FOR ANIMAL PRODUCTION CLASSES. ADDITIONALLY, THE INSTITUTE BELIEVES THE IMPACT OF THE FEED INDUSTRY AND ITS CARBON FOOTPRINT ARE PART OF THE LARGER FOOTPRINT OF ANIMAL AGRICULTURE. CONSUMERS, CUSTOMERS, AND OTHERS WISH THIS TO BE DEFINED AND PROJECTS TO ASSIST IN THE OVERVIEW OF THE INDUSTRY'S SUBSTAINABILITY INDEX ARE NECESSARY TO ANSWER CONSUMERS AND CUSTOMERS' QUESTIONS. THEREFORE, THE INSTITUTE FUNDS STUDIES IN SUPPORT OF THESE BELIEFS.

  Expenses $188,137 · Grants $277,767

• EDUCATION: THE INSTITUTE BELIEVES THE FUTURE OF THE FEED INDUSTRY LIES IN RECRUITING PEOPLE INTERESTED AND CHALLENGED BY INDUSTRY CAREERS. ALSO, THE INSTITUTE BELIEVES THE INDUSTRY SHOULD PROVIDE AND PROMOTE POSITIVE MESSAGES ABOUT THE WORK AND PRODUCTS OF THE INDUSTRY. ADDITIONALLY, THE INSTITUTE BELIEVES THAT EDUCATING THE FEED INDUSTRY CAN BE A POWERFUL TOOL IN EDUCATING COMMUNITIES AND FAMILIES ABOUT ANIMAL AGRICULTURE. THEREFORE, THE INSTITUTE FUNDS PROJECTS IN SUPPORT OF THESE BELIEFS.

  Expenses $35,000 · Grants $35,000

• OTHER PROGRAMS: THE INSTITUTE CONDUCTS OTHER PROGRAM ACTIVITIES THAT INCLUDE VARIOUS MEETINGS AND INTERACTIONS WITH ORGANIZATIONS THAT VALUE THE BELIEFS ESTABLISHED BY THE INSTITUTE'S CORE MISSION STATEMENT.

  Expenses $2,500 · Grants $2,500

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

• CONTEXT NETWORK

  $147,250

  RESEARCH IN ACCORDANCE WITH THE INSTITUTE'S MISSION.

• NATIONAL ACADEMY OF SCIENCES

  $37,500

  RESEARCH IN ACCORDANCE WITH THE INSTITUTE'S MISSION.

• NORTH AMERICAN MEAT INSTITUTE

  $25,000

  RESEARCH IN ACCORDANCE WITH THE INSTITUTE'S MISSION.

• SWINE HEALTH INFORMATION CENTER

  $11,167

  RESEARCH IN ACCORDANCE WITH THE INSTITUTE'S MISSION.

• UGA RESEARCH FOUNDATION INC

  $10,000

  RESEARCH IN ACCORDANCE WITH THE INSTITUTE'S MISSION.

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 FEED INDUSTRY ASSOCIATION INC

  501(C)(6) · SUPPORT AND ADVOCATION FOR THE AMERICAN FEED INDUSTRY · IL

  Directly controlled by NONE

Provenance

Return type

form_990

Tax year

2023

Filed

20 November 2024

IRS schema version

2023v5.1

Source object

202433319349300218

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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