NATIONAL CORN GROWERS ASSOCIATIONPub 78
Pub 78
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$21,632,886
Contributions
81%
Program Services
9%
Government Grants
4%
Membership Dues
3%
Investments
3%
Other
<1%
Fundraising Events
0%
Expenses in 2024
$21,236,523
Salaries & Benefits
33%
Fees to Service Providers
31%
Other
22%
Advertising & Promotion
6%
Offices, Occupancy & IT
5%
Depreciation
1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$17,604,821
$17,475,909
-1%
Government Grants
$322,473
$790,626
+145%
Fundraising Events
$0
$0
-
Program Services
$1,917,136
$1,978,753
+3%
Membership Dues
$765,112
$743,350
-3%
Investments
$476,611
$637,745
+34%
Other
$322,127
$6,503
-98%
Total Revenues
$21,408,280
$21,632,886
+1%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,394,702
$7,073,463
+11%
Fees to Service Providers
$6,059,844
$6,679,084
+10%
Advertising & Promotion
$855,382
$1,334,945
+56%
Offices, Occupancy & IT
$665,320
$1,112,273
+67%
Interest
$2,806
$1,861
-34%
Depreciation
$97,253
$286,035
+194%
Other
$4,850,704
$4,748,862
-2%
Total Expenses
$18,926,011
$21,236,523
+12%
Net income
2023
2024
Change
Net income
+$2,482,269
+$396,363
-84%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$18,926,011
$21,236,523
+12%
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