LIVESTOCK MARKETING ASSOCIATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- LIVESTOCK MARKETING ASSOCIATION (EIN 43-1080587)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-07-08
- IRS object ID
- 201811899349300301
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-07-08T18:33:43-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 472966849 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DRAKE CPA LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1948 E SANTA FE ST STE C | AddressLine1Txt |
| City | OLATHE | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 660621611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431080587 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIVESTOCK MARKETING ASSOCIATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIVE | BusinessNameControlTxt |
| Phone | 8168910502 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10510 N AMBASSADOR DRIVE | AddressLine1Txt |
| City | KANSAS CITY | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 641531278 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHERI CRIST | PersonNm |
| Person Title | CHIEF FIN OFFICER | PersonTitleTxt |
| Phone | 8168910502 | PhoneNum |
| Signature | 2018-07-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIE L DRAKE | PreparerPersonNm |
| PTIN | P00441318 | PTIN |
| Phone | 9137646677 | PhoneNum |
| Preparation | 2018-07-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARK MACKEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11510 N AMBASSADOR DRIVE | AddressLine1Txt |
| City | KANSAS CITY | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 641531278 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,404,271 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.LMAWEB.COM | WebsiteAddressTxt |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Formation | 1947 | FormationYr |
| Legal Domicile State | MO | LegalDomicileStateCd |
| Activity Or Mission | LIVESTOCK MARKETING ASSOCIATION IS COMMITTED TO THE SUPPORT AND PROTECTION OF THE LOCAL LIVESTOCK AUCTION MARKETS. AUCTIONS ARE A VITAL PART OF THE LIVESTOCK INDUSTRY, SERVING PRODUCERS AND ASSURING A FAIR, COMPETITIVE PRICE THROUGH THE AUCTION METHOD OF SELLING. LMA IS THE VOICE FOR THE AUCTION MARKETS ON LEGISLATIVE AND REGULATORY ISSUES AND IN PROVIDING MEMBER SERVICES TO MAINTAIN SUCCESSFUL, VIABLE MARKETING BUSINESSES AND BETTER SERVICE TO ALL OF THE LIVESTOCK PRODUCERS WHO SELL AT AUCTION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 43 | TotalEmployeeCnt |
| Total Gross UBI | $190,019 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $189,019 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $601,236 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,122,527 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,770,251 | PYInvestmentIncomeAmt |
| CY Investment Income | $880,236 | CYInvestmentIncomeAmt |
| PY Other Revenue | $117,872 | PYOtherRevenueAmt |
| CY Other Revenue | $991,151 | CYOtherRevenueAmt |
| PY Total Revenue | $2,489,359 | PYTotalRevenueAmt |
| CY Total Revenue | $2,993,914 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,042,404 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,175,461 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | -$1,528,267 | PYOtherExpensesAmt |
| CY Other Expenses | -$3,618,811 | CYOtherExpensesAmt |
| PY Total Expenses | $514,137 | PYTotalExpensesAmt |
| CY Total Expenses | $1,556,650 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,975,222 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,437,264 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $23,546,619 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,611,596 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $916,081 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,257,195 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $22,630,538 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $24,354,401 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | LIVESTOCK MARKETING ASSOCIATION IS COMMITTED TO THE SUPPORT AND PROTECTION OF THE LOCAL LIVESTOCK AUCTION MARKETS. AUCTIONS ARE A VITAL PART OF THE LIVESTOCK INDUSTRY, SERVING PRODUCERS AND ASSURING A FAIR, COMPETITIVE PRICE THROUGH THE AUCTION METHOD OF SELLING. LMA IS THE VOICE FOR THE AUCTION MARKETS ON LEGISLATIVE AND REGULATORY ISSUES AND IN PROVIDING MEMBER SERVICES TO MAINTAIN SUCCESSFUL, VIABLE MARKETING BUSINESSES AND BETTER SERVICE TO ALL OF THE LIVESTOCK PRODUCERS WHO SELL AT AUCTION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,200,986 | ExpenseAmt |
| Desc | LIVESTOCK MARKETING ASSOCIATION IS COMMITTED TO THE SUPPORT AND PROTECTION OF THE LOCAL LIVESTOCK AUCTION MARKETS. AUCTIONS ARE A VITAL PART OF THE LIVESTOCK INDUSTRY, SERVING PRODUCERS AND ASSURING A FAIR, COMPETITIVE PRICE THROUGH THE AUCTION METHOD OF SELLING. LMA IS THE VOICE FOR THE AUCTION MARKETS ON LEGISLATIVE AND REGULATORY ISSUES AND IN PROVIDING MEMBER SERVICES TO MAINTAIN SUCCESSFUL, VIABLE MARKETING BUSINESSES AND BETTER SERVICE TO ALL OF THE LIVESTOCK PRODUCERS WHO SELL AT AUCTION. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $355,664 | ExpenseAmt |
| Desc | WORLD LIVESTOCK AUCTIONEER CHAMPIONSHIP TO SPOTLIGHT NORTH AMERICA'S TOP LIVESTOCK ACUTIONEERS AND TO SALUTE THEIR TRADITIONALLY IMPORTANT ROLE IN THE COMPETITIVE LIVESTOCK MARKETING PROCESS. THE CHAMPIONSHIP CONSISTS OF THREE STAGES, REGIONALS, SEMI-FINALS, AND FINALS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $355,664 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $1,556,650 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 19 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 43 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHERI CRIST | PersonNm |
| Phone | 8168910502 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10510 N AMBASSADOR DRIVE | AddressLine1Txt |
| City | KANSAS CITY | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 64153 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)
| TitleTitleTxt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|
| SHERI CRIST | ||||
| CHIEF FIN OF | Yes (X) | $0 | $0 | $0 |
| MARK MACKEY | ||||
| CHIEF EXEC O | Yes (X) | $0 | $0 | $0 |
| INFO AVAILABLE AT THE LOCAL OFFICE | ||||
| OFFICERS | Yes (X) | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SERVICE CHARGES | Desc |
| Total Revenue Column | $1,122,527 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,122,527 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,122,527 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $880,236 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $880,236 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $387,000 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $196,981 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $190,019 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $190,019 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $190,019 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $261,422 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $213,376 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $48,046 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $48,046 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| REALIZED GAIN ON INVESTMENTS | $434,370 | $434,370 |
| WORLD LVSTCK AUCTNEER CHAMP | $279,112 | $279,112 |
| GAIN ON SALE OF ASSETS | $37,805 | $37,805 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,799 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,799 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $753,086 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,993,914 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,803,895 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $190,019 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,404,748 | TotalAmt |
| Program Services | $4,404,748 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $237,332 | TotalAmt |
| Program Services | $237,332 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $251,924 | TotalAmt |
| Program Services | $251,924 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $281,457 | TotalAmt |
| Program Services | $281,457 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $146,079 | TotalAmt |
| Program Services | $146,079 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,825 | TotalAmt |
| Program Services | $13,825 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300 | TotalAmt |
| Program Services | $300 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $188,524 | TotalAmt |
| Program Services | $188,524 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,712 | TotalAmt |
| Program Services | $105,712 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,198 | TotalAmt |
| Program Services | $66,198 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,178 | TotalAmt |
| Program Services | $38,178 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $530,342 | TotalAmt |
| Program Services | $530,342 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,914 | TotalAmt |
| Program Services | $27,914 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39 | TotalAmt |
| Program Services | $39 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $239,119 | TotalAmt |
| Program Services | $239,119 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,480 | TotalAmt |
| Program Services | $49,480 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| WLAC TRAVEL | $96,020 | $96,020 |
| WLAC - TV | $85,577 | $85,577 |
| INCOME TAXES | $57,969 | $57,969 |
| ANIMAL HANDLING | $55,610 | $55,610 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$5,319,697 | TotalAmt |
| Program Services | -$5,319,697 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,556,650 | TotalAmt |
| Program Services | $1,556,650 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Joint Costs | Yes (X) | JointCostsInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $334 | BOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,168,933 | BOYAmt |
| EOY | $5,297,861 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,082 | BOYAmt |
| EOY | $63,967 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,896 | BOYAmt |
| EOY | $4,661 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,829 | BOYAmt |
| EOY | $70,709 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,946,963 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,381,683 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,662,985 | BOYAmt |
| EOY | $2,565,280 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,447,905 | BOYAmt |
| EOY | $10,503,596 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,481,717 | BOYAmt |
| EOY | $6,481,717 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $683,938 | BOYAmt |
| EOY | $623,805 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,546,619 | BOYAmt |
| EOY | $25,611,596 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,343 | BOYAmt |
| EOY | $3,369 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $911,738 | BOYAmt |
| EOY | $1,253,826 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $916,081 | BOYAmt |
| EOY | $1,257,195 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,696 | BOYAmt |
| EOY | $58,696 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,571,842 | BOYAmt |
| EOY | $24,295,705 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,630,538 | BOYAmt |
| EOY | $24,354,401 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,546,619 | BOYAmt |
| EOY | $25,611,596 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,437,264 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $286,599 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | false | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $434,445 | OtherCostOrOtherBasisAmt |
| Book Value | $434,445 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,249,507 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,782,840 | DepreciationAmt |
| Book Value | $1,466,667 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,280 | OtherCostOrOtherBasisAmt |
| Depreciation | $770 | DepreciationAmt |
| Book Value | $6,510 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $536,984 | OtherCostOrOtherBasisAmt |
| Depreciation | $201,308 | DepreciationAmt |
| Book Value | $335,676 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $718,747 | OtherCostOrOtherBasisAmt |
| Depreciation | $396,765 | DepreciationAmt |
| Book Value | $321,982 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,565,280 | TotalBookValueLandBuildingsAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $6,481,717 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $6,481,717 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED COMPENSATION PAYABLE | $997,975 |
| ACCRUED PENSION | $240,227 |
| PAYROLL TAXES PAYABLE | $8,710 |
| INCOME TAX PAYABLE | $6,355 |
| ACCRUED SALES TAX | $559 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,253,826 | TotalLiabilityAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | LIVESTOCK MARKETING ASSOCIATION IS COMMITTED TO THE SUPPORT AND PROTECTION OF THE LOCAL LIVESTOCK AUCTION MARKETS. AUCTIONS ARE A VITAL PART OF THE LIVESTOCK INDUSTRY, SERVING PRODUCERS AND ASSURING A FAIR, COMPETITIVE PRICE THROUGH THE AUCTION METHOD OF SELLING. LMA IS THE VOICE FOR THE AUCTION MARKETS ON LEGISLATIVE AND REGULATORY ISSUES AND IN PROVIDING MEMBER SERVICES TO MAINTAIN SUCCESSFUL, VIABLE MARKETING BUSINESSES AND BETTER SERVICE TO ALL OF THE LIVESTOCK PRODUCERS WHO SELL AT AUCTION. |
| FORM 990, PAGE 2, PART III, LINE 4D | WORLD LIVESTOCK AUCTIONEER CHAMPIONSHIP TO SPOTLIGHT NORTH AMERICA'S TOP LIVESTOCK ACUTIONEERS AND TO SALUTE THEIR TRADITIONALLY IMPORTANT ROLE IN THE COMPETITIVE LIVESTOCK MARKETING PROCESS. THE CHAMPIONSHIP CONSISTS OF THREE STAGES, REGIONALS, SEMI-FINALS, AND FINALS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 PREPARED BY INDEPENDENT CPA THEN REVIEWED BY CHIEF FINANCIAL OFFICER FOR ACCURACY |
| FORM 990, PAGE 6, PART VI, LINE 19 | COPIES OF DOCUMENTS ARE ON FILE AND AVAILABLE FOR INSPECTION AT THE LOCAL CORPORATE OFFICE. |
| FORM 990, PART IX, LINE 11G | GIA EXPENSE 117,037 0 0 CONSULTANTS 4,455 0 0 DC FLY-IN 51,469 0 0 LEADERSHIP ACADEMY 15,563 0 0 TOTAL 188,524 0 0 |
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