AGRICENTER INTERNATIONAL INC

EIN: 621143306 501(c)(3) Food, Agriculture & Nutrition

MEMPHIS, TN

Total Revenue
$5,778,054
Total Expenses
$6,276,249
Total Assets
$11,846,784
Net Assets
$4,499,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
TN
Principal Officer
THOMAS SMITH
Phone
9017577777
Tax Period
2024-07-01 to 2025-06-30

AGRICENTER INTERNATIONAL INC, founded in 1979, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $5.8M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year.

Mission

AGRICENTER INTERNATIONAL, THE EDUCATION, AGRIBUSINESS, RESEARCH AND AGRICULTURAL HUB OF THE MID-SOUTH, HAS A $524 MILLION ANNUAL ECONOMIC IMPACT ON THE REGION, HOSTS OVER 1.5 MILLION VISITORS ANNUALLY, AND EDUCATES OVER 18,000 STUDENTS ANNUALLY.

Program Service Accomplishments

Program 1
Expenses: $991,343 Revenue: $584,975

FARM AND FARM RESEARCH: THE WORLDS LARGEST URBAN FARM AND RESEARCH TEST FACILITY PROVIDES A PROFESSIONAL FORUM FOR UNBIASED DEVELOPMENT, EVALUATION, DEMONSTRATION, EDUCATION, AND MARKETING OF THE...

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FARM AND FARM RESEARCH: THE WORLDS LARGEST URBAN FARM AND RESEARCH TEST FACILITY PROVIDES A PROFESSIONAL FORUM FOR UNBIASED DEVELOPMENT, EVALUATION, DEMONSTRATION, EDUCATION, AND MARKETING OF THE LATEST AND MOST ADVANCED AGRICULTURAL TECHNOLOGIES AND PRODUCTS.

Program 2
Expenses: $1,520,401 Revenue: $1,344,082

EXPO CENTER AND OFFICE LEASES: AGRICENTER INTERNATIONAL LEASES OFFICES AND FACILITIES TO AGRICULTURAL RELATED BUSINESSES SUCH AS THE UNIVERSITY OF TENNESSEE AG EXTENSION, THE NATIONAL WEATHER...

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EXPO CENTER AND OFFICE LEASES: AGRICENTER INTERNATIONAL LEASES OFFICES AND FACILITIES TO AGRICULTURAL RELATED BUSINESSES SUCH AS THE UNIVERSITY OF TENNESSEE AG EXTENSION, THE NATIONAL WEATHER SERVICE, AND THE USDA.

Program 3
Expenses: $1,017,105 Revenue: $873,175

SHOW PLACE ARENA: THE AGRICENTER SHOW PLACE ARENA IS A MULTI-PURPOSE FACILITY FOR EQUESTRIAN EVENTS, FESTIVALS, CONCERTS, CIRCUSES, TRADE SHOWS, CAR & BOAT SHOWS, AND MORE. THE FACILITY OFFERS A...

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SHOW PLACE ARENA: THE AGRICENTER SHOW PLACE ARENA IS A MULTI-PURPOSE FACILITY FOR EQUESTRIAN EVENTS, FESTIVALS, CONCERTS, CIRCUSES, TRADE SHOWS, CAR & BOAT SHOWS, AND MORE. THE FACILITY OFFERS A BEAUTIFUL MAIN ARENA, A COVERED MULIT-PURPOSE ARENA, AN OUTDOOR ARENA, AND AN INDOOR WARM UP ARENA. THERE ARE (6) BARNS OFFERING OVER 600 TOTAL STALLS. OTHER AMENITIES INCLUDE A SHOW OFFICE, SHOW TRAILER, INDOOR & OUTDOOR TICKET BOOTHS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,106,304
Program Service Revenue $2,566,415
Investment Income $259,622
Other Revenue $1,845,713
TOTAL REVENUE $5,778,054

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,755,760
Fundraising Expenses $23,661
Program Expenses $4,212,134
Other Expenses $3,520,489
TOTAL EXPENSES $6,276,249

Year-over-Year Comparison

2024 2023 Change
Revenue $5,778,054 $6,498,400 -0.1%
Expenses $6,276,249 $6,271,193 +0.0%
Net Income $-498,195 $227,207 -3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
28
Independent Members
27
Employees
53
Volunteers
236

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$176,583
Total Directors
28
$176,583
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EARL GROCHAU MEMBER 1.00
Director
$0 $0 $0
MARJORY WALKER MEMBER 1.00
Director
$0 $0 $0
JOHN BUTLER PRESIDENT 40.00
Officer Director
$163,358 $13,225 $176,583
MARGARET OLDHAM MEMBER 1.00
Director
$0 $0 $0
CHARLES ASKEW MEMBER 1.00
Director
$0 $0 $0
JOEL FULMER MEMBER 1.00
Director
$0 $0 $0
WILLIE GERMAN SECRETARY 1.00
Officer Director
$0 $0 $0
ANDREW JORDAN MEMBER 1.00
Director
$0 $0 $0
DIAN BERRYMAN MCGUIRE AT LARGE MEMBER 1.00
Officer Director
$0 $0 $0
JOE MCKINNON MEMBER 1.00
Director
$0 $0 $0
TIM PRICE MEMBER 1.00
Director
$0 $0 $0
MARK PRYOR PAST CHAIR 1.00
Officer Director
$0 $0 $0
GARY TAYLOR MEMBER 1.00
Director
$0 $0 $0
AMY J MCARTHUR MEMBER 1.00
Director
$0 $0 $0
BRAD WILLIAMS AT LARGE MEMBER 1.00
Officer Director
$0 $0 $0
COLLEEN COURY MEMBER 1.00
Director
$0 $0 $0
GARNER WILLIAMS TREASURER 1.00
Officer Director
$0 $0 $0
MOLLIE NEWMAN VICE CHAIR 1.00
Officer Director
$0 $0 $0
LARRY ROBINSON MEMBER 1.00
Director
$0 $0 $0
HUNT SHIPMAN MEMBER 1.00
Director
$0 $0 $0
SEAN MCCARTY CHAIRMAN 1.00
Officer Director
$0 $0 $0
CHRIS COOPER MEMBER 1.00
Director
$0 $0 $0
MICHA GAIRHAN MEMBER 1.00
Director
$0 $0 $0
BLISS HICKY MEMBER 1.00
Director
$0 $0 $0
DAVE MARRONE MEMBER 1.00
Director
$0 $0 $0
FRED NICHOLS MEMBER 1.00
Director
$0 $0 $0
MATT WEATHERSBY MEMBER 1.00
Director
$0 $0 $0
LISA DROKE MEMBER 1.00
Director
$0 $0 $0
MARK HOGGARD MANAGER - RV PARK & FARMER 40.00
Highest
$120,175 $11,935 $132,110
BRUCE KIRKSEY DIRECTOR OF FARM AND RESEA 40.00
Highest
$147,162 $15,880 $163,042
MAURICE DENBOW CHIEF OPERATING OFFICER 40.00
Highest
$126,190 $9,154 $135,344
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,778,054 $6,276,249 $11,846,784 $-498,195
2024 $6,498,400 $6,271,193 $11,922,952 $227,207
2023 $6,671,861 $6,281,048 $12,529,667 $390,813
2022 $6,132,848 $5,007,220 $11,833,861 $1,125,628
2021 $5,883,449 $5,039,200 $4,686,786 $844,249
2020 $6,837,747 $6,914,719 $4,072,499 $-76,972
2019 $4,934,366 $4,622,816 $3,810,687 $311,550
2018 $6,151,658 $6,013,193 $3,674,843 $138,465
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