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Nonprofit · EIN 43-1080587

LIVESTOCK MARKETING ASSOCIATION

Tax-exempt · OVERLAND PARK, KS 66211

Financials

$12.7M$10.7M2023$15.5M$12M2024
Revenue Expenses · by fiscal year end
Financials of LIVESTOCK MARKETING ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$15,475,782$11,965,481$3,510,301$53,129,046$4,092,123$49,036,923
December 31, 2023990$12,738,463$10,690,048$2,048,415$46,846,760$3,278,932$43,567,828
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,144,873
Investment income
$3,082,246
Net income from sales of inventory
$43,600
Other revenue
$11,248,663

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$7,973,177
Salaries, compensation and benefits (total)
$8,863,119
Professional fundraising fees
$0
Legal fees
$3,065
Accounting fees
$20,524
Occupancy
$729
Travel
$465,253
Depreciation
$71,673
Program services (functional)
$11,965,481

Balance sheet and other

Total assets, start of year
$46,846,760
Total assets, end of year
$53,129,046
Total liabilities, end of year
$4,092,123
Net assets, end of year
$49,036,923
Land, buildings and equipment
$165,453
Publicly traded securities
$34,265,566
Gross receipts
$15,730,951
Employees
40
Year formed
1947
State of legal domicile
MO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MARK MACKEYSECRETARY AN
Officer
40$2,505,771$23,885
KURT HAMILTONKEY EMPLOYEE
Key employee
40$1,128,098$23,879
JOSEPH BARBOURREGIONAL EX
Highest-paid employee
40$424,484$23,885
BRYCE DIBBERNREGIONAL EX
Highest-paid employee
40$423,824$24,527
DANIEL STARKTREASURER
Officer
40$395,686$24,099
CHELSEA GOODVP - GOVERNM
Highest-paid employee
40$390,064$23,885
FORREST MANGANREGIONAL EX
Highest-paid employee
40$357,361$23,885
CRAIG TAYLORREGIONAL EX
Highest-paid employee
40$314,218$16,147
MIKE VANMAANENPRESIDENT
Officer
10$6,000$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
MARK MACKEYSECRETARY AN
Officer
40$1,798,789$22,986
KURT HAMILTONKEY EMPLOYEE
Key employee
40$715,157$22,787
CHELSEA GOODVP - GOVERNM
Highest-paid employee
40$421,223$22,986
DANIEL STARKTREASURER
Officer
40$408,738$22,986
BRYCE DIBBERNREGIONAL EX
Highest-paid employee
40$357,180$22,970
JOSEPH BARBOURREGIONAL EX
Highest-paid employee
40$356,652$22,986
FORREST MANGANREGIONAL EX
Highest-paid employee
40$301,618$21,450
JUSTIN SCHABENREGIONAL EX
Highest-paid employee
40$293,056$20,084
MARK BARNETTPRESIDENT
Officer
10$12,000$0

Address and contacts

Address (IRS master file)
11501 OUTLOOK ST, OVERLAND PARK, KS 66211-1811
Principal officer (990 for 2024)
MARK MACKEY, 11501 OUTLOOK STREET, SUITE 250, OVERLAND PARK, KS 662111811
Signed the 990
DANIEL STARK, TREASURER
Phone
(816) 891-0502
Return prepared by
DRAKE CPA LLC

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $11,269,022
  • 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.
    Expenses $696,459

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
43-1080587
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1977
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$53,129,046
Income (IRS master file)
$15,730,951

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$15,475,782$11,965,481$53,129,046XML
990December 2023$12,738,463$10,690,048$46,846,760XML
990December 2022$11,083,328$8,053,220$42,410,243IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 43-1080587).

Questions about LIVESTOCK MARKETING ASSOCIATION

What is the EIN of LIVESTOCK MARKETING ASSOCIATION?
The employer identification number (EIN) of LIVESTOCK MARKETING ASSOCIATION is 43-1080587.
Is LIVESTOCK MARKETING ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1977.
Are donations to LIVESTOCK MARKETING ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LIVESTOCK MARKETING ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIVESTOCK MARKETING ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIVESTOCK MARKETING ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LIVESTOCK MARKETING ASSOCIATION?
The 990 for the year ended December 31, 2024 names MARK MACKEY.
Who are the officers and directors of LIVESTOCK MARKETING ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 9 people; 9 received compensation from the organization, the highest $2,505,771 (MARK MACKEY, SECRETARY AN).
How much revenue does LIVESTOCK MARKETING ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $15,475,782, expenses of $11,965,481 and total assets of $53,129,046 at year end.

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