Overview

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Est.

2013

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The American Sweet Potato Marketing Institute Inc (EIN: 46-2425262) is a nonprofit organization dedicated to promoting the United States sweet potato industry through generic marketing programs and research initiatives aimed at developing improved sweet potato varieties and sustainable horticultural practices. With an operating budget of $419.3K and total revenue of $495K for the filing year 2024, the organization is supported by a diverse funding base, with no single funder contributing 50% or more of its revenue. More information can be found on their website, americansweetpotato.org.

Mission Statement

THE EXEMPT PURPOSE OF THE AMERICAN SWEET POTATO MARKETING INSTITUTE, INC. IS TO (I)USE GENERIC MARKETING PROGRAMS, BOTH FOREIGN AND DOMESTIC, TO PROMOTE THE UNITED STATES SWEET POTATO INDUSTRY; (II) TO PROMOTE RESEARCH ACTIVITIES DESIGNED TO DEVELOP NEW AND BETTER SWEET POTATO VARIETIES, DISEASE AND INSECT CONTROL, SUSTAINABLE AND EFFICIENT HORTICULTURAL PRACTICES, AS WELL AS IDEAS TO REDUCE THE BARRIERS TO TRADE AND IDENTIFYING NEW MARKETS AND METHODS OF TRADE; AND (III) TO PROVIDE MEMBERS WITH USEFUL AND PRACTICAL INFORMATION, TRENDS AND TRADING PRACTICES RELATIVE TO THE OPERATION AND MANAGEMENT OF THE SWEET POTATO INDUSTRY.
Revenues
$495K
Expenses
$419.3K
Net Income:
+$75.7K
Assets
$103.3K
Liabilities
$28K
Net Assets:
+$75.3K
Operating Budget
$419.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$53.3K
Largest grant received
$53.3K
T
Thomas Joyner
Board Member
J
Jim Jones
Board Member
T
Tim Dismukes
Board Member

Frequently Asked Questions

What is AMERICAN SWEET POTATO MARKETING INSTITUTE INC’s budget?
In 2024, AMERICAN SWEET POTATO MARKETING INSTITUTE INC reported an annual operating budget of around $419 thousand. More detailed financial information is available to registered users.
What causes does AMERICAN SWEET POTATO MARKETING INSTITUTE INC support?
AMERICAN SWEET POTATO MARKETING INSTITUTE INC supports work in Trade, Agriculture, fishing and forestry, and Agriculture.
Where does AMERICAN SWEET POTATO MARKETING INSTITUTE INC operate?
AMERICAN SWEET POTATO MARKETING INSTITUTE INC is headquartered in Benson, NC.
Who funded AMERICAN SWEET POTATO MARKETING INSTITUTE INC recently?
In 2024, AMERICAN SWEET POTATO MARKETING INSTITUTE INC received grants from THE NORTH CAROLINA SWEETPOTATO COMMISSION INC, THE NORTH CAROLINA SWEETPOTATO COMMISSION INC, and THE NORTH CAROLINA SWEETPOTATO COMMISSION INC. More information on this organization’s funders is available to registered users.
What is the largest grant AMERICAN SWEET POTATO MARKETING INSTITUTE INC received in 2024?
The largest grant to AMERICAN SWEET POTATO MARKETING INSTITUTE INC in 2024 exceeds $53 thousand.
What is AMERICAN SWEET POTATO MARKETING INSTITUTE INC’s reliance on government grants?
AMERICAN SWEET POTATO MARKETING INSTITUTE INC relied on government grants for more than 75% of their total revenue in 2024.