Public Charity

AMERICAN SWEET POTATO MARKETING INSTITUTE INC

AMERICAN SWEET POTATO MARKETING INSTITUTE INC is a nonprofit organization categorized as Public Charity based in BENSON, NC. Its most recent IRS filing (2024) reports revenue of $495K, expenses of $419K, total assets of $103K. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $440K.

EIN: 462425262 BENSON, NC Food, Agriculture & Nutrition N.E.C. NTEE: K99 Latest filing: 2024
Total Revenue$495K
Total Expenses$419K
Total Assets$103K
Grant Records7
Funding Total$440K
Filing Years2020–2024

Mission

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.

Where $100 goes at American Sweet Potato Marketing Institute Inc

How American Sweet Potato Marketing Institute Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$93 Programs the work itself
$7 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $93 for programs

$93
The organization participates in the united states department of agriculture's market access program as well as the emerging markets program to help develop, maintain and expand export markets…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Brenda Oglesby
DIRECTOR Brian Warren
DIRECTOR Charlotte Vick
DIRECTOR Jim Jones
DIRECTOR John C Barnes
PRESIDENT Keith Groven

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$440,339 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $495K $419K $103K
2023 $528K $544K $119K
2022 $400K $506K $162K
2021 $359K $398K $166K
2020 $379K $406K $173K

Between 2020 and 2024, reported annual revenue grew from $379K to $495K (+30%), with total assets most recently reported at $103K.

Interactive year-over-year charts and full filing details available with membership.

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