Public Charity

NATIONAL INDUSTRIAL HEMP COUNCIL

Based in Washington, DC, NATIONAL INDUSTRIAL HEMP COUNCIL operates as a Public Charity. The organization reported $815K in revenue, $480K in expenses for fiscal year 2023.

EIN: 833928316 Washington, DC Professional Societies & Associations NTEE: K03 Latest filing: 2023

Total Revenue$815K

Total Expenses$480K

Grant Records0

Filing Years2019–2023

Mission

The National Industrial Hemp Council of America [NIHCOA] exists to promote the production and use of hemp both in North America and globally. We represent the North American industrial hemp industry within its home market, and we are global advocates for its sustainable long-term growth and profitability. We assist members to enter the industry, educate consumers on the applications and advantages of industrial hemp and enable networking and the sharing of our resources. Backed by the US Government, our senior team comprises international, federal, state, private industry, and government professionals from across the agriculture and business sectors.

Where $100 goes at National Industrial Hemp Council

How National Industrial Hemp Council divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$48 Programs the work itself

$52 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 $48 for programs

$12

The NIHC held its annual business summit, a remarkable event bringing together the hemp industry's leading business, legal, and regulatory figures for pivotal discussions about developments in the…

25% of program spending

$12

During 2022 the NIHCOA continued work under a Market Access Program (MAP) under a federal grant from the USDA, the aim of which was to develop market access…

25% of program spending

$12

The Foreign Agricultural Service (FAS) of the US Department of Agriculture awarded a grant to NIHCOA under the Technical Assistance for Specialty Crops program (TASC 05) to establish…

25% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

Source: Form 990 filings with the IRS, latest fiscal year 2023. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Barry Carpenter

Director Bob White

Chief Financial Officer Curtis Anderson

Director Doug Farquhar

Director Lowell Randel

Director Patricia Sheikh

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2023	$815K	$480K	—
2022	$647K	$737K	$134K
2021	$187K	$421K	$31K
2020	$112K	$125K	$73K
2019	$122K	$249K	$7K

Between 2019 and 2023, reported annual revenue grew from $122K to $815K (+566%).

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

See the full picture for NATIONAL INDUSTRIAL HEMP COUNCIL

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Mission

Where $100 goes at National Industrial Hemp Council

Inside the $48 for programs

Officers & Directors

Financial Trends

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See the full picture for NATIONAL INDUSTRIAL HEMP COUNCIL