Nonprofit · EIN 62-1550830
TENNESSEE SOYBEAN FESTIVAL INC
Tax-exempt · MARTIN, TN 38237
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $433,051 | $476,527 | -$43,476 | $11,463 | $0 | $11,463 |
| October 31, 2024 | 990 | $424,491 | $395,152 | $29,339 | $54,939 | $0 | $54,939 |
| October 31, 2023 | 990 | $872,122 | $902,147 | -$30,025 | $25,892 | $0 | $25,892 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $307,895
- of which government grants
- $165,390
- Program service revenue
- $125,156
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $350
- Depreciation
- $3,780
- Program services (functional)
- $476,527
Balance sheet and other
- Total assets, start of year
- $54,939
- Total assets, end of year
- $11,463
- Total liabilities, end of year
- $0
- Net assets, end of year
- $11,463
- Land, buildings and equipment
- $7,075
- Net assets without donor restrictions
- $11,463
- Gross receipts
- $433,051
- Employees
- 0
- Volunteers
- 50
- Year formed
- 1993
- State of legal domicile
- TN
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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Belote | President Trustee or director, Officer | 1 | $0 |
| Kelly Wilson | Board Member Trustee or director, Officer | 1 | $0 |
990 for the year ended October 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID BELOTE | PRESIDENT Trustee or director, Officer | – | $0 |
| RANDY BRUDIGE | BOARD MEMBER Trustee or director | – | $0 |
| KIM KIRBY | SECRETARY Trustee or director, Officer | – | $0 |
| DON TEAL | BOARD MEMBER Trustee or director | – | $0 |
| BRAD THOMPSON | BOARD MEMBER Trustee or director | – | $0 |
| KELLY WILSON | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended October 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID BELOTE | PRESIDENT Trustee or director, Officer | – | $0 |
| RANDY BRUDIGE | BOARD MEMBER Trustee or director | – | $0 |
| KIM KIRBY | SECRETARY Trustee or director, Officer | – | $0 |
| DON TEAL | BOARD MEMBER Trustee or director | – | $0 |
| BRAD THOMPSON | BOARD MEMBER Trustee or director | – | $0 |
| KELLY WILSON | BOARD MEMBER Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 290, MARTIN, TN 38237-0290
- In care of
- % WARREN NANNEY CPA
- Principal officer (990 for 2024)
- Kelly Wilson, 109 University Street, Martin, TN 38237
- Signed the 990
- Kelly Wilson, City Recorder
- Phone
- (731) 587-3126
- Website
- www.tnsoybeanfestival.org
- Return prepared by
- ATA Advisory LLC
Mission
The primary purpose of teh organization is to plan, organize and run the Tennessee Soybean Festival. The Festival puts on events such as free outdoor concerts, singing competition, car show, carnival, etc. The Festival is attended by over 20,000 people annually from the NW TN Region.
Program accomplishments
- The primary purpose of the organization is to plan, organize and run the Tennessee Soybean Festival. The Festival puts on events such as free outdoor concerts, singing competition, car show, carnival, etc. The Festival is attended by over 20,000 people annually from the NW TN Region.Expenses $476,527 · revenue $125,156
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
IRS record
- EIN
- 62-1550830
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $11,463
- Income (IRS master file)
- $433,051
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $433,051 | $476,527 | $11,463 | XML |
| 990 | October 2024 | $424,491 | $395,152 | $54,939 | XML |
| 990 | October 2023 | $872,122 | $902,147 | $25,892 | XML |
| 990 | October 2022 | $501,426 | $482,252 | $53,565 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 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 62-1550830).
Questions about TENNESSEE SOYBEAN FESTIVAL INC
- What is the EIN of TENNESSEE SOYBEAN FESTIVAL INC?
- The employer identification number (EIN) of TENNESSEE SOYBEAN FESTIVAL INC is 62-1550830.
- Is TENNESSEE SOYBEAN FESTIVAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to TENNESSEE SOYBEAN FESTIVAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TENNESSEE SOYBEAN FESTIVAL INC 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 TENNESSEE SOYBEAN FESTIVAL INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TENNESSEE SOYBEAN FESTIVAL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of TENNESSEE SOYBEAN FESTIVAL INC?
- The 990 for the year ended October 31, 2025 names Kelly Wilson.
- Who are the officers and directors of TENNESSEE SOYBEAN FESTIVAL INC?
- The 990 for the year ended October 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does TENNESSEE SOYBEAN FESTIVAL INC have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $433,051, expenses of $476,527 and total assets of $11,463 at year end.
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