TY 2015 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) Richard Anderson......................................................................
DiRECTOR

2.00
.................
0.00

(2) Linda SWANZ......................................................................
DIRECTOR

2.00
.................
0.00

(3) KrisTIN LARSON......................................................................
President

3.00
.................
0.00

(4) Kiley Martinell......................................................................
DIRECTOR

2.00
.................
0.00

(5) Kathy Creighton-Smith......................................................................
DIRECTOR

2.00
.................
0.00

(6) Jan ALLEN......................................................................
DiRECTOR

2.00
.................
0.00

(7) James Taber......................................................................
Vice President

3.00
.................
0.00

(8) EriC MOORE......................................................................
DIRECTOR

2.00
.................
0.00

(9) Bruce LEE......................................................................
DIRECTOR

2.00
.................
0.00

(10) Brett Dailey......................................................................
DirECTOR

2.00
.................
0.00

(11) Bill Cok......................................................................
DIRECTOR

2.00
.................
0.00

(12) Shane Flowers......................................................................
Director

2.00
.................
0.00

(13) Susan Broyles......................................................................
Business Manager

15.00
.................
0.00

18,072

(14) Chaley Harney......................................................................
EXECutive DIRECTOR

40.00
.................
0.00

64,272

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1	960,551
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	24,624
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e	24,624
3	Subtract line 2e from line 1..................	3	935,927
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b	935,070
c	Add lines 4a and 4b....................	4c	935,070
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5	1,870,997

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1	895,541
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................	2e	0
3	Subtract line 2e from line 1...................	3	895,541
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b	935,070
c	Add lines 4a and 4b.....................	4c	935,070
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5	1,830,611

Return Reference	Explanation
Part XI, Line 4b - Other Adjustments:	PAYMENTS TO OTHER STATES-BEEF LEVY 10,272. PAYMENTS TO CATTLEMEN'S BEEF BOARD 924,798.
Part XII, Line 4b - Other Adjustments:	PAYMENTS TO OTHER STATES-BEEF LEVY 10,272. PAYMENTS TO CATTLEMEN'S BEEF BOARD 924,798.

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

MONTANA BEEF COUNCIL

Employer identification number

81-0388133

Return Reference	Explanation
Form 990, Part VI, Section B, line 11	An independent auditor presents an audit report to the board of directors at our January board of directors meeting. The 990 document is made available to all board members at the board of directors meeting after it is filed.
Form 990, Part VI, Section B, line 12c	All board members and employees are required to complete the "Annual Conflict of Interest Disclosure Statement for Directors" form. Questions or concerns are to be directed to the Executive Director or the Chairman of the Board of Directors. Affidavits and other information is then reviewed and the Executive Director and President take appropriate action depending upon the seriousness of the conflict of interest, which may include meeting with the individual, immediate discharge, or asking the individual to remove himself from the conflict of interest situation. The procedure is outlined in the MBC Policy and Procedures Manual.
Form 990, Part VI, Section B, line 15	The Executive Director reports to the budget committee members on key employee performance. The budget committee then goes into a closed session and decides on a total salary package for all employees. The package is presented to the board of directors for a vote of approval.
Form 990, Part VI, Section C, line 19	Over 15,000 annual reports were mailed to producers through the 5 major cattle producer organization newletters; an additional 1,000 reports were printed to take to other meetings, individual letters and other requests. Each board of directors member received a financial report from our auditing firm. Financial information is available on an individual basis as requested.
Form 990, Part IX, line 24e	PRODUCER COMMUNICATIONS: Program service expenses 32,493. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,493. EDUCATIONAL PROGRAMS: Program service expenses 27,461. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,461. BEEF SAFETY & ISSUES MANAGEMENT: Program service expenses 20,879. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,879. RETAIL PROGRAMS & MERCHANDISING: Program service expenses 17,496. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,496. INFORMATION-HEALTH PROFESSIONALS: Program service expenses 13,950. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,950. FOOD SERVICE: Program service expenses 10,547. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,547. PAYMENT OF LEVY OF OTHER STATES: Program service expenses 10,272. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,272. EQUIPMENT REPAIRS: Program service expenses 0. Management and general expenses 6,479. Fundraising expenses 0. Total expenses 6,479. Deptartment of Livestock Fees: Program service expenses 0. Management and general expenses 6,298. Fundraising expenses 0. Total expenses 6,298. Research: Program service expenses 5,628. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,628. TELEPHONE: Program service expenses 0. Management and general expenses 4,005. Fundraising expenses 0. Total expenses 4,005. POSTAGE: Program service expenses 0. Management and general expenses 2,667. Fundraising expenses 0. Total expenses 2,667. MISCELLANEOUS: Program service expenses 0. Management and general expenses 2,184. Fundraising expenses 0. Total expenses 2,184. DUES: Program service expenses 0. Management and general expenses 375. Fundraising expenses 0. Total expenses 375.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: To unify all segments of the Montana Livestock Industry
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	12
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	12
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	4
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	1,758,502	1,859,868
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	7,341	6,816
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	1,219	4,313
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	1,767,062	1,870,997
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	151,957	155,218
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	1,618,808	1,675,393
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	1,770,765	1,830,611
19	Revenue less expenses. Subtract line 18 from line 12.......	-3,703	40,386
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	529,324	627,139
21	Total liabilities (Part X, line 26).............	22,050	54,855
22	Net assets or fund balances. Subtract line 21 from line 20.....	507,274	572,284

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 935,070 including grants of $ ) (Revenue $ 1,149,372 )
	The Montana Beef Council readmits $.50 of every $1 check-off collected to the Cattlemen's Beef Board per the Beef Promotion and Research Act of 1985. The Cattlemen's Beef Board is the national organization established by the Beef Promotion and Research Act of 1985 for the promotion of the Beef industry.

4b	(Code: ) (Expenses $ 391,308 including grants of $ ) (Revenue $ 480,989 )
	THE COUNCIL SUPPORTS THE U.S. MEAT EXPORT FEDERATION WHOSE MISSION IS TO INCREASE THE VALUE AND PROFITABILITY OF THE U.S. BEEF, PORK AND LAMB INDUSTRIES BY ENHANCING DEMAND FOR THEIR PRODUCTS. IN ADDITION, THE COUNCIL EXPENSES MONEY TO THE FEDERATION OF STATE BEEF COUNCILS FOR ADDITIONAL BEEF MARKETING PROGRAMS.

4c	(Code: ) (Expenses $ 89,813 including grants of $ ) (Revenue $ 110,397 )
	To help promote the beef industries the Council funds projects that follows the Council's mission.

	(Code: ) (Expenses $ 100,411 including grants of $ ) (Revenue $ 123,423 )
	The checkoff program was designed to stimulate others to sell more beef and stimulate consumers to buy more beef. This is accomplished through initiatives such as consumer advertising, marketing partnerships, public relations, education, research and new-product development.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 100,411 including grants of $ ) (Revenue $ 123,423 )
4e	Total program service expenses1,516,602

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	82,344	0	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a-1f:$
h Total.Add lines 1a-1f.......

			Business Code
2a	BEEF INDUSTRY LEVY	900099	1,859,868	1,859,868
b
c
d
e
f	All other program service revenue.
g Total.Add lines 2a–2f.....			1,859,868

3 Investment income (including dividends, interest, and othersimilar amounts) ..........			6,816			6,816
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss).....
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	MISCELLANEOUS		900099	4,313	4,313
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			4,313
12	Total revenue. See Instructions......			1,870,997	1,864,181	0	6,816

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to individuals in the United States. See Part IV, line 22
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....	83,447		83,447
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	41,671		41,671
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	11,325		11,325
9	Other employee benefits .......	8,401		8,401
10	Payroll taxes ...........	10,374		10,374
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	2,500		2,500
c	Accounting ...........	9,425		9,425
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....	61,770	61,770
13	Office expenses .......	7,319		7,319
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	19,577		19,577
17	Travel ............	23,873	23,873
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	12,216		12,216
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	5,860		5,860
23	Insurance ...	1,903		1,903
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	CATTLEMEN'S BEEF BOARD	924,798	924,798
b	National Organizations	255,000	255,000
c	NATIONAL ORGANIZATIONS	112,435	112,435
d	LEVY COLLECTION EXPENSE	77,983		77,983
e	All other expenses	160,734	138,726	22,008
25	Total functional expenses. Add lines 1 through 24e	1,830,611	1,516,602	314,009	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........				1
2	Savings and temporary cash investments .........			228,817	2	318,270
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			43,738	4	32,076
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net ....				7
8	Inventories for sale or use ........				8
9	Prepaid expenses and deferred charges ......			0	9	1,261
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	54,188
b	Less: accumulated depreciation	10b	34,828	25,220	10c	19,360
11	Investments—publicly traded securities .			231,549	11	256,172
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 34)...			529,324	16	627,139

17	Accounts payable and accrued expenses .....	22,050	17	54,855
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D		25
26	Total liabilities. Add lines 17 through 25..	22,050	26	54,855

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets	507,274	27	572,284
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....		30
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	507,274	33	572,284
34	Total liabilities and net assets/fund balances ........	529,324	34	627,139

1	Total number at end of year ....
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ....

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

1a	Land ...
b	Buildings
c	Leasehold improvements	4,576	4,576	0
d	Equipment ...	49,052	29,692	19,360
e	Other ...	560	560	0
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				19,360

(a) Description of security or category (including name of security)	(b)Book value	(c)Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII