Overview
What is American Royal Association Inc?
American Royal Association Inc, based in Kansas City, Missouri, is a prominent nonprofit organization with a focus on celebrating and promoting the region's agricultural heritage. Annually, they manage and host a significant agriculture exposition, featuring livestock shows, prestigious horse shows, PRCA rodeos, and the World Series of Barbecue contest, among other special events. These events serve as a platform to reward participants with premiums and prizes totaling $952,381, as well as awards, ribbons, and trophies worth $104,935. The organization also offers scholarships worth $139,281 and funds education programs and judging contests for $129,493. Their mission is to be a leading force for food and agriculture education, events, and engagement, aiming to inspire and engage both locally and nationally. [Reference: American Royal Association Inc information array]
Official website here: www.americanroyal.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, earning a Four-Star out of Four Star rating
The American Royal Association Inc has achieved an impressive Four-Star rating on Charity Navigator, demonstrating high standards in accountability and finance. With a perfect score in these areas, the organization shows strong governance practices, including an entirely independent board and no material diversions of assets. The program expense ratio indicates that a significant portion of funds is allocated towards their programs, reflecting a commitment to their mission.
While the organization has not been scored on Impact & Measurement, Culture & Community, or Leadership & Adaptability, the current financial metrics depict a well-managed nonprofit with solid operational health and fundraising efficiency. Their effective oversight mechanisms, such as an audit committee and listed policies for conflict of interest and whistleblower protections, further reinforce their credibility.
User reviews from GreatNonprofits were not available for this organization, limiting direct feedback from stakeholders. However, the outstanding financial ratings suggest a public perception aligned with its robust operational practices, indicating a generally positive sentiment towards the organization.
This AI summary has been generated from information found on Charity Navigator.
Is American Royal Association Inc legitimate?
American Royal Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Royal Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $537,433
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,612,412
For more financial information, click here
Official website here: www.americanroyal.com
What is the mission statement of American Royal Association Inc?
The American Royal Association Inc's mission is centered around leading the nation in food and agriculture education, events, and engagement. This mission is reflected in their annual management and hosting of significant agriculture expositions, such as livestock shows, horse shows, PRCA rodeos, and barbeque contests. These events showcase the region's economic and agricultural heritage, while contributing through premiums, awards, scholarships, and educational programs. The Association's activities provide a focus on nurturing knowledge and appreciation for food and agriculture, ultimately contributing to the broader community.
Official website here: www.americanroyal.com
Who is the CEO of American Royal Association Inc?
Jackie Mcclaskey is the CEO of American Royal Association Inc The CEO's salary of American Royal Association Inc is $230,680 and their total compensation is $260,041.
Official website here: www.americanroyal.com
What is the revenue of American Royal Association Inc?
American Royal Association Inc's revenue in 2023 was $23,489,504.
Official website here: www.americanroyal.com
Who are the executives of American Royal Association Inc and what are their salaries?
The average compensation at American Royal Association Inc during 2023 was $63,231. There are 34 employees and 500 volunteers at American Royal Association Inc.
Here are 61 key members and their salaries (American Royal Association Inc's CEO's salary is $230,680 and their total compensation is $260,041):
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Official website here: www.americanroyal.com
Where can I find the form 990 for American Royal Association Inc?
American Royal Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.americanroyal.com
Learn more at the official website: www.americanroyal.com
Mission Statement of American Royal Association Inc
The American Royal Association Inc, as the nation's leader, is committed to spearheading food and agriculture education, events, and engagement. Their mission is to make significant strides in this field, organizing and hosting prominent events such as livestock shows, prestigious horse shows, PRCA rodeos, and the World Series of Barbecue Contests. These events serve as a platform to highlight the region's economic and agricultural heritage, contributing to the development of the industry in various ways. The Association's contributions to its purpose include distributing a substantial sum of $952,381 in premiums and prizes, awarding $104,935 in ribbons, trophies, and other accolades. Furthermore, they provide scholarships worth $139,281 and invest in education programs and judging contests to the tune of $129,493. These initiatives collectively contribute to the Association's efforts in food and agriculture education and promotion.
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Impact
July, 2024
American Royal Association Inc is making a significant impact as the nation's leader for food and agriculture education, events, and engagement. Through its management of one of the largest agriculture expositions in the country, the association showcases livestock shows, prestigious horse shows, PRCA rodeo, World Series of Barbeque contest, and other special events. These activities not only celebrate the region's economic and agrarian heritage but also contribute towards supporting the community.
The association's contributions include significant payouts in premiums and prizes, awards, scholarships, and education programs. In total, American Royal Association Inc has paid out $952,381 in premiums and prizes, awarded $104,935 in awards, ribbons, and trophies, provided scholarships totaling $139,281, and organized education programs and judging contests worth $129,493. These efforts help advance knowledge, skills, and opportunities in the food and agriculture sectors, fostering growth and development within these industries.
Through its commitment to education, engagement, and events, American Royal Association Inc plays a vital role in promoting agriculture, supporting communities, and nurturing the next generation of leaders in these essential fields.
This information is meant to be a general summary of American Royal Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $508,134
- Program Service Revenue: $3,875,822
- Gross Receipts: $24,277,564
Assets and Liabilities:
- Total Assets: $34,425,376
- Total Liabilities: $3,456,156
- Net Assets: $30,969,220
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENTRY FEES
Revenue
$1,563,417
OTHER SHOW REVENUES
Revenue
$1,178,477
TICKET SALES
Revenue
$692,711
AGRICULTURAL SHOW FACILITY RENTAL
Revenue
$285,483
MEMBERSHIP DUES
Revenue
$107,605
Organization Details
Founding Year
1899
Principal Officer
Jackie Mcclaskey
Website
www.americanroyal.comNTEE Category
Code: N520 - Recreation
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