TY 2022 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

A For the 2021 calendar year, or tax year beginning 01-01-2022 , and ending 12-31-2022

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
COTTON INCORPORATED

% TIMOTHY JOHNSON

Doing business as

Number and street (or P.O. box if mail is not delivered to street address)
6399 WESTON PARKWAY

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CARY, NC27513

D Employer identification number

62-0786018

E Telephone number

G Gross receipts $ 83,241,579

F Name and address of principal officer:
TIMOTHY JOHNSON
6399 WESTON PARKWAY
CARY,NC27513

Tax-exempt status: 501(c)(3) 501(c) ( 6 ) LeftBullet

(insert no.) 4947(a)(1) or 527

Website:

WWW.COTTONINC.COM

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number MediumBullet

K Form of organization: Corporation Trust Association Other MediumBullet

L Year of formation: 1967

M State of legal domicile: TN

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: SEE SCHEDULE O
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	119
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	119
5	Total number of individuals employed in calendar year 2021 (Part V, line 2a) ......	5	144
6	Total number of volunteers (estimate if necessary) .............	6	119
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	76,215,846	83,241,579
9	Program service revenue (Part VIII, line 2g) .........	0	0
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	0	0
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	76,215,846	83,241,579
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	326,988	259,943
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)	18,477,630	21,277,868
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)....	53,837,924	60,570,192
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	72,642,542	82,108,003
19	Revenue less expenses. Subtract line 18 from line 12.......	3,573,304	1,133,576
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	22,712,180	28,047,677
21	Total liabilities (Part X, line 26).............	19,117,825	23,297,026
22	Net assets or fund balances. Subtract line 21 from line 20.....	3,594,355	4,750,651

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name MediumBullet

Firm's EIN MediumBullet

Firm's address MediumBullet

Phone no.

May the IRS discuss this return with the preparer shown above? (see instructions) ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2021)

Form 990 (2021)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s mission: COTTON INCORPORATED, FUNDED BY U.S. GROWERS OF UPLAND COTTON AND IMPORTERS OF COTTON AND COTTON TEXTILE PRODUCTS, IS THE RESEARCH AND MARKETING COMPANY REPRESENTING UPLAND COTTON. THE PROGRAM IS DESIGNED AND OPERATED TO IMPROVE THE DEMAND FOR AND PROFITABILITY OF COTTON.

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ 0 including grants of $ 0 ) (Revenue $ 0 )
	CONSUMER MARKETING: THE ADVERTISING DEPARTMENT CONTINUED THE SUCCESS OF THE YOUR COTTON, YOUR WAY CAMPAIGN FOR A SECOND YEAR. THE CAMPAIGN, TARGETED TO ADULTS AGES 18 TO 49, WITH A FEMALE SKEW, AIMED TO HIGHLIGHT THE COMFORT OF COTTON AND THE CONFIDENCE IT PROVIDES TO REINFORCE THE FABRIC OF OUR LIVES MESSAGE. THE CAMPAIGN CAME TO LIFE IN A MODERN, MEMORABLE WAY BY FEATURING CHARACTERS WHO SHARE HOW COTTON IS THE FABRIC OF THEIR LIVES WHILE POPULAR MUSICIAN, CARNIE WILSON, ACCOMPANIES THEM ON THE PIANO. THIS CAMPAIGN IS MEANT TO REINVIGORATE AND ADD A MODERN DIMENSION TO THE ORIGINAL, THE FABRIC OF OUR LIVES JINGLE, WHICH IS THE CORNERSTONE OF THE CAMPAIGN. THIS 360 EFFORT REACHED CONSUMERS THROUGH TELEVISION, STREAMING VIDEO, DIGITAL MEDIA, SEARCH ENGINE MARKETING, AND SOCIAL MEDIA. BY CREATING AN EMOTIONAL CONNECTION AND IMPROVING BRAND HEALTH, THE CAMPAIGN DROVE AWARENESS OF THE BENEFITS OF COTTON AND INCREASED DESIRABILITY AMONG CONSUMERS. THE PRIMARY OBJECTIVE FOR THE CAMPAIGN'S SECOND YEAR WAS OPTIMIZING AND BUILDING ON THE FOUNDATION ESTABLISHED IN 2021. THE STRATEGIC PRIORITY IN MEDIA WAS TO PRIORITIZE CHANNELS THAT HAVE SHOWN STRONG PERFORMANCE RESULTS IN 2021. IN 2022, THE CAMPAIGN DELIVERED OVER 182M IMPRESSIONS FROM THE TV AND STREAMING EFFORTS. ANOTHER KEY OBJECTIVE OF THE CAMPAIGN WAS TO EDUCATE AND ENGAGE CONSUMERS. WITH AN INCREASED EMPHASIS ON CUSTOM CONTENT PROGRAMS, THE DEPARTMENT CONTINUED ITS SUSTAINABILITY, HEALTH, AND WELLNESS INITIATIVES BY DEVELOPING A ROBUST AND CUSTOMIZED DIGITAL CONTENT PLAN ACROSS A VARIETY OF DIGITAL PLATFORMS. THE DEPARTMENT PARTNERED WITH KEY LEADERS IN THESE SPACES TO CREATE EXPERIENCES SUCH AS INFOGRAPHICS, PODCASTS, AND ARTICLES TO EDUCATE CONSUMERS. THIS DROVE CONSIDERATION AND HIGHLIGHTED COTTON'S KEY BENEFIT MESSAGING VIA ENGAGING EXPERIENCES ONLINE. The Your Cotton, Your Way CAMPAIGN WAS FURTHER SUPPORTED BY THE COTTON NATURALS, GAMING, AND SUSTAINABILITY CAMPAIGNS. THESE CONSUMER MARKETING CAMPAIGNS AIMED TO RAISE AWARENESS WITH SPECIFIC NICHE GROUPS. COUPLING NEW CREATIVE ASSETS WITH INTEREST-BASED TARGETING, KEY TARGET GROUPS WILL BE SERVED AND ENCOURAGED TO ENGAGE WITH THE CREATIVE WORK. THE COTTON NATURALS CAMPAIGN LEVERAGED ACTIVE VIDEO ADS ONLINE AND ON SOCIAL MEDIA TO REACH FITNESS/WELLNESS AND LIFESTYLE SPORTS ENTHUSIASTS. FURTHER, AN IN-PERSON ACTIVATION TOOK PLACE IN VENICE BEACH, CA (NOVEMBER) TO BRING THE MESSAGE OF COTTON ACTIVEWEAR DIRECTLY TO A SKATING/BOARDING COMMUNITY. THE GAMING CAMPAIGN FEATURED ONLINE DISPLAY BANNER ADS AND CUSTOM CONTENT SPONSORSHIPS TO REACH VIDEO GAME FANS IN NATIVE ENVIRONMENTS ONLINE. "GAMING" WAS INITIALLY LAUNCHED AS A TEST CAMPAIGN IN 2021, AND BASED ON ITS SUCCESS, THE CAMPAIGN OPTIMIZED FROM THE PREVIOUS CAMPAIGN. FINALLY, THE INCREASED INTEREST IN SUSTAINABILITY REVOLVED AROUND A KEY TARGETED PAID SOCIAL MEDIA EFFORT AS WELL AS UTILIZING KEY SUSTAINABILITY INFLUENCERS IN THE FOURTH QUARTER. ADDITIONALLY, CORPORATE BRANDING LAUNCHED IN JANUARY AND RAN THROUGHOUT THE YEAR, IN PRINT AND ONLINE, TO REACH THE TEXTILE TRADE. ACROSS THE COTTON LEADSSM AND MACROTRADE CAMPAIGNS, THERE ARE OVER 100 PLACEMENTS. MEDIA RAN IN PRINT AND DIGITAL PUBLICATIONS SUCH AS ECOTEXTILE NEWS, RIVET, AND SOURCING JOURNAL. ADDITIONALLY, THE MACROTRADE CAMPAIGN RAN ON LINKEDIN, TARGETING DECISION-MAKERS IN SUPPLY-CHAIN BASED INDUSTRIES. BASED ON FINDINGS FROM THE 2021 CAMPAIGN, THE LINKEDIN CAMPAIGN WAS OPTIMIZED SO THAT THE FREQUENCY OF THE AD HAD INCREASED VIEWS. BY TARGETING A SMALLER, MORE QUALIFIED AUDIENCE, THE STATISTICAL STRENGTH OF THE BRAND FAVORABILITY READ-OUT INCREASED. DURING 2022, THE CORPORATE COMMUNICATIONS DEPARTMENT ESTIMATES THERE HAVE BEEN 3,604 NEWS ITEMS ABOUT THE COMPANY AND ITS ACTIVITIES, REPRESENTING A REACH OF OVER 2B. IN 2022, APPROXIMATELY 60 MEDIA COMMUNICATIONS WERE DEVELOPED AND DISTRIBUTED THROUGHOUT THE YEAR BY THE CORPORATE COMMUNICATIONS TEAM. BY PARTICIPATING IN KEY INITIATIVES, SUCH AS SATELLITE MEDIA TOURS FOR BACK-TO-SCHOOL AND HOLIDAY SHOPPING, THE EFFORTS RESULTED IN 1,099 NEWS STORIES, REACHING AN AUDIENCE OF 21.9M. THE DEPARTMENT ALSO PRODUCED AND DISTRIBUTED OVER 250 PROACTIVE COMMUNICATIONS THROUGHOUT THE YEAR, WITH AN ESTIMATED REACH OF 10.3M IMPRESSIONS. NOTABLE AMONG THE CORPORATE COMMUNICATIONS DEPARTMENT'S ACCOMPLISHMENTS FOR 2022 WERE ACTIVITIES IN SUPPORT OF: THE SUSTAINABILITY OF U.S. COTTON; THE CORPORATE STRATEGY AND INSIGHTS (CSI) DEPARTMENT AND ITS CONSUMER AND RETAIL TRENDS DATA; AND CONSUMER-FACING CORPORATE INITIATIVES SUCH AS THE BLUE JEANS GO GREEN DENIM RECYCLING PROGRAM, AND FURTHER AMPLIFICATION OF THE COTTONSEED AND COTTONSEED OIL INDUSTRY. IN 2022 BRAND PARTNERSHIPS CONTINUED PLANNING AND EXECUTING CONSUMER-FACING FASHION AND RETAIL PROGRAMS AND ACTIVITIES AROUND MESSAGING, COLLECTION, AND DISTRIBUTION EFFORTS FOR THE BLUE JEANS GO GREEN (BJGG) DENIM RECYCLING PROGRAM. THERE CONTINUED TO BE INTEREST AND PARTICIPATION FROM CONSUMERS AND THE INDUSTRY IN SUSTAINABILITY THROUGH THE BLUE JEANS GO GREEN (BJGG) PROGRAM. NEW-TO-THE-PROGRAM AND RETURNING BRANDS AND RETAILERS OFFERED CONSUMER-FACING DENIM RECYCLING IN-STORE AND/OR ONLINE THROUGHOUT THE YEAR. NEW TO THE PROGRAM, ANTHROPOLOGIE, PARTICIPATED FROM AUGUST THROUGH OCTOBER, AND WHITE HOUSE BLACK MARKET HELD TAKE-BACK PROMOTIONS WITH VARYING OFFERS THREE TIMES THROUGHOUT 2022. SOME NOTABLE RETURNING RETAILERS INCLUDED AMERICAN EAGLE OUTFITTERS, ARIAT, MADEWELL, PACSUN, THEISEN'S, AND SOUTH MOON UNDER. THE DENIM RECYCLING PROGRAM CONTINUES TO THRIVE BECAUSE IT'S BEEN GROUNDED IN SUSTAINABILITY SINCE ITS INCEPTION, AND IT HELPS RETAILERS OFFER A WAY TO CLOSE THE LOOP ON COTTON'S CIRCULARITY. TO EMPHASIZE COTTON'S INHERENT CIRCULAR LIFECYCLE, BJGG ANNOUNCED AND EXECUTED A NEW MESSAGING CAMPAIGN IN THE FALL, DENIM FULL CIRCLE, WHICH WAS FEATURED ON SOCIAL MEDIA, EMAIL BLASTS, AND THE BJGG WEBSITE. THIS CAMPAIGN ALSO INCLUDED A PUSH TO SIGN UP FOR COTTON'S EVERY PIECE PLEDGE, A VIRTUAL COMMITMENT TO SUSTAINABILITY AND DENIM RECYCLING, WHICH COINCIDED WITH AMERICA RECYCLES DAY ON NOVEMBER 15. THE BLUE JEANS GO GREEN PROGRAM CONTINUES TO OFFER COTTON'S ENDEMIC BRANDS, RETAILERS, AND NON-ENDEMIC BUSINESSES AND ORGANIZATIONS A TURNKEY WAY TO PARTICIPATE AND MEET THEIR SOCIAL RESPONSIBILITY GOALS WHILE EDUCATING AND ENGAGING CONSUMERS. TO CAPTURE THE ATTENTION OF COLLEGE STUDENTS, BJGG IMPLEMENTED A COLLEGE TRANSIT AWARENESS CAMPAIGN AT FIVE UNIVERSITIES FROM OCTOBER 15 TO DECEMBER 15. OVER 2022, THE BLUE JEANS GO GREEN PROGRAM SOUGHT NEW WAYS TO INSPIRE BRANDS, RETAILERS, BUSINESSES, ORGANIZATIONS, AND INDIVIDUALS TO GET INVOLVED AND RECYCLE THEIR DENIM. THE STRATEGIC AND RETAIL PARTNERSHIPS AREA WITHIN THE BRAND PARTNERSHIPS DEPARTMENT HAD A MULTIFACETED YEAR OF MARKETING EFFORTS AT POINT-OF-SALE. ONE OF THE MANY OBJECTIVES FOR THE TEAM IS TO ESTABLISH AN APPROPRIATE MIX OF RETAIL CHANNEL PARTNERS. THE TEAM ONBOARDS NEW RETAILERS YEARLY AND RE-ENGAGES WITH HIGH-PERFORMING RETAILERS WHERE POTENTIAL AND/OR GROWTH OPPORTUNITY IS SEEN BASED ON PROGRAM METRIC REPORTS. THIS YEAR, THE TEAM WORKED WITH REVOLVE (MASS E-TAILER), EDITORIALIST (FASHION MEDIA AND RETAIL PLATFORM), SOMETHING NAVY (INFLUENCER-BRED ONLINE RETAILER WITH BRICK-AND MORTAR BOUTIQUES), AROPOSTALE (ONLINE AND NATIONAL BRICK-AND-MORTAR SPECIALTY CHAIN) AND FOUR SMALL BUSINESSES FOR THE THIRD ANNUAL SMALL BUSINESS PROGRAM. THE AMOUNT OF COTTON BENEFIT MESSAGING PROMOTIONAL ASSETS AND THE SEAL OF COTTON PLACEMENT AT RETAIL THIS YEAR WAS SIGNIFICANT. THERE WERE OVER 150 PIECES OF CONTENT PUBLISHED BY REVOLVE ALONE (AND THIS ONLY INCLUDES ONE OF THEIR PLATFORMS - REVOLVE WOMENSWEAR). ROUGHLY THE SAME AMOUNT OF COTTON-FOCUSED ASSETS WAS PROMOTED BY THEIR REVOLVE MAN AND FWRD PLATFORMS. EXPERIENCES CAME BACK IN A LARGE WAY THIS YEAR AFTER A HIATUS DUE TO THE PANDEMIC. COTTON HAD A SUSTAINABILITY PRESENCE AT NEW YORK FASHION WEEK. THERE WERE INFLUENCER EVENTS WHERE COTTON CONTENT WAS POSTED TO SOCIAL MEDIA BY PROMINENT INFLUENCERS. COTTON WAS FRONT AND CENTER VIA SIGNAGE AT OVER 500 AROPOSTALE STORES NATIONWIDE. THERE WERE ALSO UNIQUE IN-PERSON EXPERIENCES, INCLUDING A POP-UP STORE IN LOS ANGELES, A SHOPPING EVENT IN HOUSTON, A BODY POSITIVITY IN-STORE EVENT IN NEW YORK, AND A HOLIDAY EXPERIENCE IN MIAMI. OVER 10K SKUS WERE TAGGED WITH THE SEAL OF COTTON ONLINE, ALLOWING FOR AN EASY IDENTIFIER OF COTTON PRODUCTS. CURATED ONLINE SHOPS ALSO HELPED EASE THE COTTON PURCHASE JOURNEY ON DESKTOP, MOBILE DEVICES, AND APPS. IN 2022, CORPORATE STRATEGY AND INSIGHTS LED EFFORTS TO IDENTIFY OPPORTUNITIES AND THREATS FOR COTTON USING MARKET INTELLIGENCE, INCLUDING ONGOING RESEARCH OF U.S. CONSUMERS' ATTITUDES FROM THE LIFESTYLE MONITOR SURVEY, ASSESSMENTS OF COTTON'S SHARE AT RETAIL THROUGH THE RETAIL MONITOR STUDY, AND GLOBAL MARKET AND ECONOMIC RESEARCH AND ANALYSIS. CORPORATE STRATEGY AND INSIGHTS PROVIDED 200 INFORMATION REQUESTS; PARTICIPATED IN OVER 75 MEETINGS AND PRESENTATIONS; AUTHORED 290 PUB

4b	(Code: ) (Expenses $ 0 including grants of $ 0 ) (Revenue $ 0 )
	AGRICULTURAL RESEARCH: THE AGRICULTURAL RESEARCH DIVISION'S MAIN OBJECTIVE IS TO IMPROVE THE PROFITABILITY OF U.S. COTTON PRODUCTION BY DIRECTING AND FUNDING THE CREATION OF AGRICULTURAL INNOVATIONS AND THEIR ADOPTION BY COTTON PRODUCERS. FOR 2022, THE AGRICULTURAL AND ENVIRONMENTAL RESEARCH DIVISION'S PRIORITIES FOCUSED ON PEST MANAGEMENT, SEED QUALITY, SUSTAINABILITY SUPPORT, AND EVALUATING EMERGING TECHNOLOGIES. ADDRESSING ISSUES IN THESE KEY AREAS IS CRITICAL FOR IMPROVING GROWER PROFITABILITY, REDUCING COTTON'S ENVIRONMENTAL IMPACT, AND DELIVERING A QUALITY PRODUCT TO THE TEXTILE INDUSTRY. ONGOING ENTOMOLOGY RESEARCH AIMED AT REDUCING INPUT COSTS BY IMPROVING INSECTICIDE SPRAY THRESHOLDS AND EVALUATING A NEW BT COTTON FOR THRIPS AND LYGUS CONTROL MADE SIGNIFICANT PROGRESS THIS YEAR. CONTINUED DEVELOPMENT OF FOV4 RESISTANT GERMPLASM AS WELL AS THE IDENTIFICATION OF GENETIC AND VIRULENCE DIVERSITY ACROSS THE U.S. WILL IMPROVE MANAGEMENT, BREEDING EFFORTS, AND HELP LIMIT DAMAGE IN UPLAND COTTON. BEST MANAGEMENT PRACTICES FOR VARIOUS WEED SPECIES WERE EVALUATED TO SLOW THE DEVELOPMENT AND SPREAD OF HERBICIDE RESISTANT WEEDS, INCLUDING USE OF COVER CROPS AND SEED DESTRUCTION. TO IMPROVE SEED QUALITY, A BELT WIDE PROJECT WAS CONTINUED IN 2022 TO IDENTIFY CORRELATIONS BETWEEN SEED QUALITY CHARACTERISTICS AND IN-FIELD STAND ESTABLISHMENT. AS PART OF AN EFFORT TO IMPROVE THE VALUE OF COTTONSEED, COTTON INCORPORATED HAS CONTINUED TO SUPPORT TWO MULTIYEAR PROJECTS FOCUSED ON BETTER UNDERSTANDING THE IMPACTS OF COTTONSEED OIL CONSUMPTION FOR HUMAN HEALTH. TO SUPPORT THE DIVISION'S SUSTAINABILITY EFFORTS, A BELT WIDE NITROGEN REFINEMENT STUDY WAS INITIATED AT OVER 20 LOCATIONS AGAIN IN 2022 TO IMPROVE NITROGEN USE EFFICIENCY BY BETTER QUANTIFYING AND CREDITING SOIL RESIDUAL NITROGEN BASED ON CROP ROTATIONS AND INTEGRATION OF COVER CROPS. PROGRESS WAS ALSO MADE IN DEVELOPING AN OPEN-SOURCE IMAGE DATABASE TO SUPPORT AUTONOMOUS HARVESTING, AS WELL AS AN APPLICATION TO OTHER COTTON MANAGEMENT CONCERNS INCLUDING HARD LOCK AND WEED CONTROL. THE SUSTAINABILITY DIVISION'S MAIN OBJECTIVE, TO CREATE AN IMPROVED SUSTAINABILITY REPUTATION FOR THE COTTON INDUSTRY, IS ACCOMPLISHED THROUGH FIVE MAJOR FOCUS AREAS: 1) SUSTAINABLE COTTON PRODUCTION GOALS AND THE U.S. COTTON TRUST PROTOCOL, 2) RESEARCH ON CIRCULARITY AND COTTON BIODEGRADABILITY, 3) SUSTAINABILITY ASSESSMENTS, 4) ENGAGEMENT AND LEADERSHIP IN SUSTAINABILITY NON-GOVERNMENTAL (NGO) AND STANDARDS ORGANIZATIONS, AND 5) COTTON SUSTAINABILITY COMMUNICATIONS. ACHIEVING OBJECTIVES WITHIN THESE FIVE MAJOR PROJECT CATEGORIES STRENGTHENS COTTON'S POSITION AS A MORE SUSTAINABLE, TRUSTWORTHY, AND COMPETITIVE FIBER TO THE ENTIRE SUPPLY CHAIN. TO REACH THE U.S TEN-YEAR SUSTAINABILITY GOALS, THE U.S. COTTON TRUST PROTOCOL (CTP), FIELD TO MARKET, AND THE COTTON LEADS PROGRAM ARE KEY COLLABORATING ORGANIZATIONS FOR THE SUSTAINABILITY DIVISION'S EFFORTS TO REDUCE THE ENVIRONMENTAL FOOTPRINT OF COTTON PRODUCTION, PROVIDE METRICS FOR MEASUREMENT, AND TO COMMUNICATE TO THE SUPPLY CHAIN. THE DIVISION CONTINUES TO PROVIDE TECHNICAL SUPPORT AND LEADERSHIP TO THE U.S. CTP TO HELP INCREASE GROWER ENROLLMENT. BY SERVING ON THE METRICS, VERIFICATION, SUSTAINABLE FINANCE, AND EDUCATION AND OUTREACH COMMITTEES WITHIN FIELD TO MARKET, THE DIVISION'S STAFF NOT ONLY HELP TO LEAD THIS FLAGSHIP COMMODITY SUSTAINABILITY ORGANIZATION BUT ENSURE THAT THE CALCULATOR AND METRICS REMAIN RELEVANT AND USEFUL FOR COTTON. THE DIVISION CONTINUES TO WORK CLOSELY WITH THE COTTON LEADS GROUP, COMMUNICATING THE SUSTAINABILITY SUCCESSES OF THE U.S. AND AUSTRALIAN COTTON INDUSTRIES WITH BRANDS, RETAILERS, AND MANUFACTURERS TO BOOST COTTON CONSUMPTION. ADDITIONALLY, THIS YEAR THE DIVISION COLLABORATED WITH THE U.S. CTP TEAM TO DESIGN AND DELIVER A U.S. CLIMATE SMART COTTON PROGRAM PROPOSAL TO THE USDA'S PARTNERSHIPS FOR CLIMATE SMART COMMODITIES FUNDING OPPORTUNITY. THIS PROPOSAL WAS AWARDED $90,000,000 FROM THE USDA AND INCLUDED $8,750,000 FROM INDUSTRY MATCHING FUNDS OVER THE FIVE-YEAR PROJECT PERIOD. AS PART OF THIS INDUSTRY SUPPORT, COTTON INCORPORATED COMMITTED $2,500,000 WHICH WAS LEVERAGED TO HELP SECURE THE OVERALL PROPOSAL AWARD. THE SUSTAINABILITY DIVISION EXPANDED THE COTTON BIODEGRADABILITY RESEARCH THIS YEAR WITH ADDITIONAL CIRCULARITY OPTIONS IN COLLABORATION WITH THE PRODUCT DEVELOPMENT AND IMPLEMENTATION DIVISION (PDI). A STUDY WAS COMPLETED TO RESEARCH HOW DIFFERENT INDIGO DYES IMPACT DENIM COMPOSTABILITY AT THE LAB AND INDUSTRIAL SCALE. THIS EFFORT WAS SUCCESSFUL IN ESTABLISHING THE PROOF OF CONCEPT THAT TEXTILE COMPOSTABILITY COULD BE AN OPTION FOR BRANDS AND RETAILERS LOOKING TO EXPAND THEIR CIRCULARITY STRATEGIES AND CAPTURE CARBON IN THE SOIL. EXPANDING THE DIVISION'S ACTIVITIES INTO THE STANDARDS ARENA HAS PROVIDED A NEW AVENUE FOR INFLUENCING AND LEADING THE CONVERSATION ABOUT COTTON AND SUSTAINABILITY, ESPECIALLY THE CIRCULAR ECONOMY. WORKING WITH THE AGRICULTURE AND ENVIRONMENTAL RESEARCH (AERD) AND PDI DIVISIONS, SUSTAINABILITY IS IMPLEMENTING STRATEGIES TO INCREASE SUSTAINABLE COTTON AND TEXTILE PRODUCTION. IN COORDINATION WITH THE CONSUMER MARKETING AND GLOBAL SUPPLY CHAIN MARKETING DIVISIONS, COMMUNICATING SUSTAINABILITY MESSAGES IS BEING ACCOMPLISHED THROUGH ONLINE EDUCATIONAL WEBINARS AND CONTINUED CONTENT DEVELOPMENT FOR THE COTTON TODAY WEBSITE. THE SUSTAINABILITY DIVISION IS WORKING TO INCREASE THE VISIBILITY OF COTTON INCORPORATED AS A LEADER IN SUSTAINABILITY AND GAIN IMPORTANT ROLES IN SUSTAINABILITY ORGANIZATIONS THAT CREATE TOOLS AND METRICS TO JUDGE THE SUSTAINABILITY OF COTTON.

4c	(Code: ) (Expenses $ 0 including grants of $ 0 ) (Revenue $ 0 )
	GLOBAL SUPPLY CHAIN MARKETING: THE GLOBAL SUPPLY CHAIN MARKETING DIVISION IS RESPONSIBLE FOR PROMOTING THE USE OF COTTON IN PRODUCTS RANGING FROM APPAREL TO HOME TEXTILES AND CONSUMER ITEMS SUCH AS DIAPERS, DISPOSABLE WIPES, AND HYGIENE PRODUCTS. THE DIVISION WORKS GLOBALLY WITH STAFF BASED IN FOUR COUNTRIES BUT REACHING HUNDREDS OF COMPANIES IN MORE THAN 30 COUNTRIES. THE DIVISION OPERATES WITH THREE STRATEGIC OBJECTIVES TO GUIDE THE MANY DIFFERENT MARKETING AND PROGRAM ACTIVITIES. AN IMPORTANT TACTIC FOR MAINTAINING A GLOBAL PRESENCE FOR COTTON IS THROUGH DIRECT ACCOUNT INTERACTION WITH MILLS, MANUFACTURERS, BRANDS, AND RETAILERS FOR THE APPAREL, NONWOVENS, AND HOME PRODUCTS MARKETS. GSCM STAFF FOCUS THEIR EFFORTS ON INFLUENCING MAJOR BRANDS AND RETAILERS THROUGH COORDINATION OF VARIOUS COMPANY RESOURCES, WITH THE GOAL OF INFLUENCING THE USE OF COTTON VERSUS OTHER FIBERS. DURING 2022, GSCM STAFF CONDUCTED MORE THAN 576 MEETINGS WITH COMPANIES IN THE MANUFACTURING SUPPLY CHAIN INCLUDING KEY BRAND AND RETAILER ACCOUNTS. GSCM PARTICIPATION IN INDUSTRY EVENTS INCLUDED: - GSCM STAFF PARTICIPATED IN PERSON AT THE JANUARY AND JUNE 2022 OUTDOOR RETAILER SHOW IN DENVER, CO, AND RECEIVED A TOTAL OF MORE THAN 735 REQUESTS FOR FABRICAST FABRICS. - STAFF ATTENDED THE ISPO TRADE SHOW IN MUNICH, GERMANY, ADVANCING THE USE OF COTTON AND COTTON TECHNOLOGIES TO THE EUROPEAN PERFORMANCE BRANDS. MORE THAN 150 FABRICAST FABRIC REQUESTS WERE GENERATED FROM THIS EVENT. - STAFF PRESENTED AT THE USFIA ANNUAL CONFERENCE IN NYC. - STAFF SPONSORED AND PARTICIPATED IN THE SECOND REGIONAL SUSTAINABILITY EVENT IN CENTRAL AMERICA ORGANIZED BY THE TEXTILE AND CONFECTION CHAMBER OF EL SALVADOR. COTTON INCORPORATED'S VICE PRESIDENT AND CHIEF SUSTAINABILITY OFFICER SPOKE ABOUT POSITIONING THE COTTON LEADSSM PROGRAM AND THE ADVANCES OF THE U.S. COTTON INDUSTRY IN THE FRAME OF THE HIGGS INDEX METHODOLOGY. - STAFF SPONSORED AND PARTICIPATED IN FOUR, 3D VIRTUAL FASHION WORKSHOPS ORGANIZED BY CLOTHING INDUSTRY TRAINING AUTHORITY (CITA). AS PART OF THE SPONSORSHIP, STAFF PRESENTED AND INTRODUCED COTTON INCORPORATED'S DIGITAL FABRIC LIBRARY AND ASSETS AVAILABLE ON COTTONWORKS WEBSITE. THE WORKSHOPS WERE ATTENDED BY MILLS, SOURCING COMPANIES, AND BRANDS. THE GSCM DIVISION IS RESPONSIBLE FOR MESSAGING TO THE TRADE. IN 2022, CONSISTENT MESSAGING AND IMAGERY WAS IMPLEMENTED THROUGHOUT, INCLUDING TRADESHOWS, TRADESHOW PROMOTIONAL ITEMS AND OUTLETS, AND OTHER PUBLICATIONS. NUMEROUS DIFFERENT PRINT AND DIGITAL ASSETS WERE CREATED TO FOCUS ON MULTIPLE MESSAGES IN THE MOST EFFECTIVE PLATFORMS FOR THE APPAREL, HOME, AND NONWOVENS MARKETS. MANY ACTIVITIES OCCURRED IN 2022 TO PROMOTE THE USE OF COTTON IN PRODUCTS THROUGH LICENSING OF COTTON INCORPORATED'S TECHNOLOGIES. SEVERAL NOTABLE PROJECTS ARE LISTED BELOW: - A NATIONAL RETAILER IN THE U.S. ADOPTED THE USE OF TOUGH COTTON TECHNOLOGY FOR A BACK-TO SCHOOL PROGRAM WITH TECHNOLOGY CALLOUTS ON HANGTAGS AND GARMENT STICKERS. - A U.S.-BASED WORKWEAR BRAND HAS EXPANDED THE USE OF STORM COTTON TECHNOLOGY FOR BOTH KNIT AND WOVEN PRODUCTS. - A U.S.-BASED MEN'S RETAILER ADOPTED THE PUREPRESS TECHNOLOGY ON A CASUAL PANT PROGRAM. - THE LARGEST APPAREL DEPARTMENT STORE IN MEXICO LAUNCHED A FIRST LOT OF 15,000 PIECES FEATURING THE WICKING WINDOWS TECHNOLOGY. - A JAPANESE CASUAL AND DENIM APPAREL BRAND AND RETAILER COMMERCIALIZED STORM COTTON TECHNOLOGY ON THEIR SPRING/SUMMER 2022 COLLECTION, WHICH INCLUDES JACKETS, PANTS, AND OVERALLS. THE PRODUCTS CARRIED THE STORM COTTON TECHNOLOGY HANGTAGS AND WERE MARKETED IN THE JAPANESE MARKETS. - AN AUSTRALIAN ATHLETIC APPAREL RETAILER LAUNCHED AROUND 48,000 UNITS OF TRANSDRY TECHNOLOGY COTTON PRODUCTS, NAMELY MEN'S AND WOMEN'S COTTON/SPANDEX TEE SHIRTS AND TANKS. THE PRODUCTS WERE ON SALE IN THE AUSTRALIAN MARKET IN THE FIRST QUARTER OF 2022 AND ONLINE FOR MARKETS IN OTHER COUNTRIES INCLUDING NEW ZEALAND, U.S., CANADA, SINGAPORE, U.K., AND EUROPE. - A CHINESE SPORTSWEAR BRAND ADOPTED TRANSDRY TECHNOLOGY ON A LINE OF WOMEN'S TEE SHIRTS AND DRESSES. OVER 7,500 UNITS WERE LAUNCHED AT RETAIL WITH TRANSDRY TECHNOLOGY HANGTAGS. - A FRENCH LINGERIE BRAND PRODUCED AND MARKETED AROUND 80,000 PIECES OF TRANSDRY COTTON UNDERGARMENTS. PRODUCTS WERE AVAILABLE IN FRANCE IN 2022. IN 2022, 41 TECHNICAL EDUCATION WORKSHOPS WERE HELD WITH OVER 2,300 ATTENDEES. THIS YEAR'S WORKSHOPS WERE HELD IN PERSON AND VIRTUALLY BECAUSE OF THE PANDEMIC. NEW TOPICS THIS YEAR INCLUDED DIGITAL PROTOTYPING AND KNITTING FOR ACTIVEWEAR. THE PURPOSE OF THESE WORKSHOPS WAS TO PROVIDE DETAILED TECHNICAL INFORMATION AND TRAINING ON RELEVANT TOPICS IMPORTANT FOR COTTON. COTTONWORKS WEBINARS OFFER A UNIQUE WAY TO REACH THE INDUSTRY AND AMPLIFY THE COMPANY'S MESSAGE. FOLLOWING A RECORD YEAR FOR WEBINARS, THE HIGHEST ATTENDANCE ON RECORD WAS RECORDED IN EARLY 2022 FOR WEBINARS. STAFF HOSTED A WEBINAR ON CIRCULARITY, AND OVER 500 ATTENDEES JOINED IT. A TOTAL OF TEN WEBINARS WERE HELD THIS YEAR. RECORDED WEBINARS LIVE ON THE COTTONWORKS WEBSITE AND MAKE FOR GREAT WEB CONTENT. WEBINARS ARE ONE OF THE MOST SUCCESSFUL METHODS TO SHARE INFORMATION WITH MANY INDUSTRY PROFESSIONALS FROM THE GLOBAL COTTON INDUSTRY. THE 2022 "COTTON IN THE CURRICULUM" UNIVERSITY EDUCATION PROGRAM WAS CONCLUDED IN DECEMBER. SPECIFICALLY, 19 UNIVERSITY PROJECTS ACROSS THE U.S. WERE AWARDED. THE OBJECTIVE OF THE UNIVERSITY GRANTS IS TO INCREASE THE AWARENESS OF COTTON IN THE CLASSROOMS. MANY GRANTS INCLUDE VISITS TO THE COTTON INCORPORATED HEADQUARTERS AND NORTH CAROLINA COTTON FARMS. SEVEN HEADQUARTER TOURS WERE HELD, INCLUDING A TRIP TO A COTTON FARM. STAFF ALSO VISIT TO MEET WITH FACULTY, PRESENT AWARDS, AND GUEST LECTURE. THE 2023 GRANT PROGRAM IS UNDERWAY. IN SEPTEMBER 2022, ABOUT 100 BUYERS, DESIGNERS, AND SUSTAINABILITY OFFICERS WITH MAJOR FASHION BRANDS AND RETAILERS JOINED SUSTAINABILITY LUMINARIES AND EXPERTS IN SOIL HEALTH, SUPPLY CHAIN, CIRCULARITY, AND COTTON AGRICULTURE AT THE 2022 COTTON SUSTAINABILITY SUMMIT. THE SUMMIT IS ONE EXAMPLE OF COTTON INCORPORATED'S ROLE AS A LEADER AND CONVENER IN THE TEXTILE INDUSTRY. THE CONVERGENCE OF ATTENDEES CREATED A UNIQUE PLATFORM FOR EXCHANGING IDEAS TO ADDRESS SUSTAINABILITY ISSUES, FROM REGENERATIVE AGRICULTURE TO CIRCULARITY TO WASTE REDUCTION FOR MEMBERS OF THE TEXTILE AND FASHION INDUSTRIES.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses0

Form 990 (2021)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment

List of Attached Documents:

// Content

...

Yes

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

List of Attached Documents:

// Content

.........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

List of Attached Documents:

// Content

....

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V Click to see attachment

List of Attached Documents:

// Content

......

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

List of Attached Documents:

// Content

...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

List of Attached Documents:

// Content

.......

11b

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

List of Attached Documents:

// Content

.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

List of Attached Documents:

// Content

............

11d

Yes

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11e

Yes

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11f

Yes

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

List of Attached Documents:

// Content

......................

12a

Yes

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

List of Attached Documents:

// Content

12b

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Yes

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment

List of Attached Documents:

// Content

14b

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV..... Click to see attachment

List of Attached Documents:

// Content

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment

List of Attached Documents:

// Content

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..... Click to see attachment

List of Attached Documents:

// Content

Form 990 (2021)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

List of Attached Documents:

// Content

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............

24a

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................

25b

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III.........................

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................

28a

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....

28b

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............ Click to see attachment

List of Attached Documents:

// Content

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1......................... Click to see attachment

List of Attached Documents:

// Content

Yes

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...

35b

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI Click to see attachment

List of Attached Documents:

// Content

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

146

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Yes

Form 990 (2021)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

144

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. See instructions.

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

Yes

If "Yes," enter the name of the foreign country: MediumBullet

MX , CH , HK , JA
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Section 501(c)(21) organizations. Did the trust, any disqualified person, or mine operator engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2021)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

119

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

119

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

Yes

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed MediumBullet

FL , MI , NY , NC , TN

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBullet

TIMOTHY JOHNSON6399 WESTON PARKWAY CARY,NC27513 (919) 678-2306

Form 990 (2021)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the
organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)				(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) J BERRYE WORSHAM...................................................................... PRESIDENT & CEO	40.0 ................. 0.0		X			735,873	0	154,676
(2) MARK MESSURA...................................................................... SR VP, GLOBAL SUPP CHAIN MKTG	40.0 ................. 0.0			X		341,597	0	123,944
(3) KATER HAKE...................................................................... VP AGRICULT/ENVIR. RESEARCH	40.0 ................. 0.0			X		365,438	0	93,425
(4) KIMBERLY S KITCHINGS...................................................................... SR. VP, CONSUMER MARKETING	40.0 ................. 0.0			X		277,853	0	93,525
(5) JOHN MORGANS...................................................................... VP ADMIN. & ASSISTANT TO PRES.	40.0 ................. 0.0		X			274,642	0	86,322
(6) MIKE SHEN...................................................................... VP & MANAGING DIRECTOR - PDI	40.0 ................. 0.0			X		259,991	0	54,830
(7) TIMOTHY JOHNSON...................................................................... VP & CFO	40.0 ................. 0.0		X			239,074	0	72,247
(8) JOHN CHIAVACCI...................................................................... VP INFORMATION TECH. & CTO	40.0 ................. 0.0				X	222,318	0	88,227
(9) MARY ANKENY...................................................................... VP PDI OPERATIONS	40.0 ................. 0.0				X	216,709	0	81,216
(10) VIKKI MARTIN...................................................................... VP, FIBER COMPETITION	40.0 ................. 0.0				X	226,262	0	68,965
(11) JESSE DAYSTAR...................................................................... VP, CHIEF SUSTAINABILITY OFFCR	40.0 ................. 0.0				X	236,951	0	46,114
(12) HIDEYUKI KIKUMORI...................................................................... DIRECTOR, TECHNICAL MARKETING	40.0 ................. 0.0				X	197,652	0	16,595
(13) VAN MURPHY...................................................................... CHAIR	1.0 ................. 0.0	X	X			0	0	0
(14) MARVIN BEYER...................................................................... SECRETARY	1.0 ................. 0.0	X	X			0	0	0
(15) JAMES JOHNSON...................................................................... VICE CHAIR	1.0 ................. 0.0	X	X			0	0	0
(16) JEFF HUX...................................................................... TREASURER	1.0 ................. 0.0	X	X			0	0	0
(17) ALBERT ANDEL...................................................................... BOARD MEMBER	1.0 ................. 0.0	X				0	0	0

Form 990 (2021)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) LLOYD ARTHUR........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(19) COLEY BAILEY........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(20) JOE BAUMGARDNER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(21) KODY BEAVERS........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(22) ALLEN BELOW........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(23) JONATHAN BERRY........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(24) FRANK BEZNER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(25) RICHY BIBB........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(26) JOSHUA BIRDWELL........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(27) BENJAMIN BOYD........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(28) JEREMY BROWN........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(29) MALCOLM CALHOUN........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(30) LINK CARLTON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(31) STEVEN CLAY........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(32) ROBERT COKER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(33) JASON CONDREY........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(34) JERRY DAVIS........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(35) STEVE DROKE........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(36) KENTON DUNN........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(37) PHILIP EDWARDS........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(38) RUSSELL EGGEMEYER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(39) CASSY ENGLAND........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(40) ROBERT ENGLERT........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(41) JASON FELTON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(42) JAMES FERGUSON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(43) ROBERT FLEMING........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(44) JESSE FLYE........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(45) LONNIE FORTNER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(46) ROSE FULLEN........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(47) KENDALL GARRAWAY........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(48) JACOB GERIK........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(49) GREGG GLOVER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(50) JEREMY GONZALES........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(51) KENTON GOYEN........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(52) DAHLEN HANCOCK........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(53) MEAD HARDWICK........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(54) BRAD HARRISON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(55) DARREN HEMBREE........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(56) JUDSON HERRINGTON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(57) MARK HOWARD........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(58) JONATHAN ISBELL........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(59) JONATHAN JAMES........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(60) DOUGLAS JARRELL........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(61) JOSEPH JIMMERSON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(62) BERNARD JORDAN........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(63) RALPH KELLERMEIER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(64) JENNIFER LANE........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(65) DONNY LASSITER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(66) RONNEY LEDFORD........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(67) CLAY LEWIS........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(68) AUSTIN LITTLETON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(69) STEPHEN LOGAN........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(70) ZACH LOGAN........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(71) LAWRENCE LONG........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(72) JAMES MASSEY........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(73) CHARLES MATHIS........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(74) HAROLD MAY........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(75) GREGG MAYBERRY........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(76) JOHN MCDOWELL........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(77) STEWART MCGILL........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(78) HENRY MCLAURIN........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(79) DAN METZ........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(80) BRADY MIMMS........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(81) TRAVIS MIRES........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(82) PHILLIP MURRAY........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(83) BRENT NELSON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(84) JOHN DOUGLAS NEWTON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(85) MARSHALL NEWTON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(86) REID NICHOLS........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(87) HERRICK NORCROSS........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(88) TYLER OXFORD........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(89) LYALL PACHECO........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(90) MICHAEL PATSCHKE........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(91) ALFRED PENNINGTON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(92) GLEN PHIPPS........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(93) TERRY POLLARD........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(94) CHRISTOPHER PORTER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(95) EUGENE PUGH........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(96) ROSS RAYNER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(97) NATHAN REED........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(98) TOBY ROBERTSON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(99) WILL ROBINSON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(100) DEAN ROVEY........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(101) JOHN RUARK........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(102) WILLIAM SANFORD........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(103) HARRY SCHROEDER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(104) ERIC SEIDENBERGER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(105) SAM SHACKELFORD........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(106) JACOB SHEELY........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(107) GREGG SLOUGH........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(108) LEWIE JOE SMITH........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(109) STACY SMITH........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(110) SAM SPARKS........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(111) ELIZABETH SPRUELL-RHODES........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(112) VONDA STEVENS-KIRKPATRICK........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(113) EARL STILES........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(114) MARTIN STOERNER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(115) WENDELL SUMNER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(116) MONTE THOM........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(117) TOMMY THOMPSON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(118) MICHAEL THOMPSON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(119) GEOFF TOLEDO........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(120) LACY VARDEMAN........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(121) KRISTOPHER VERETT........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(122) SAMUEL VINYARD........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(123) BILL WALKER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(124) BOB WALKER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(125) SAMUEL WALTON........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(126) KENDALL WANNAMAKER........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(127) CLINT WEBB........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(128) ANDREW WENDLAND........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(129) KELLY WHATLEY........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(130) MICHAEL WHITE........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0
(131) EVERETT WOODS........................................................................ BOARD MEMBER	1.0 .......................0.0	X	0	0	0

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	3,594,360	0	980,086

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

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
MINDSHARE USA LLC, 3 World Trade Center 175 Greenwich NEW YORK,NY10007	Marketing	19,237,099
COTTON COUNCIL INTERNATIONAL, 1521 NEW HAMPSHIRE AVENUE NW WASHINGTON,DC20036	Marketing	3,065,175
DDB WORLDWIDE COMMUNICATIONS, 195 BROADWAY NEW YORK,NY10007	Marketing	3,041,262
TEXAS AM AGRILIFE RESEARCH, 400 Harvey Mitchell Pkwy 300 COLLEGE STATION,TX77845	Research Services	1,507,431
TEXAS TECH UNIVERSITY, PO Box 41105 LUBBOCK,TX79409	Research Services	1,195,820
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 57

Form 990 (2021)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	40,000

f	All other contributions, gifts, grants, and similar amounts not included above		1f	83,201,579

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		83,241,579

		Business Code
2a
b
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		0

3 Investment income (including dividends, interest, and othersimilar amounts) ......			0
4 Income from investment of tax-exempt bond proceeds			0
5 Royalties...........			0
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)	0	0	6c
d	Net rental income or (loss).......			0
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)			7c
d	Net gain or (loss).........			0
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a	0
b	Less: direct expenses ...		8b	0
c	Net income or (loss) from fundraising events..			0
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a	0
b	Less: direct expenses ...		9b	0
c	Net income or (loss) from gaming activities..			0
10a	Gross sales of inventory, less returns and allowances ..
			10a	0
b	Less: cost of goods sold ..		10b	0
c	Net income or (loss) from sales of inventory..			0
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			0
12	Total revenue. See instructions.....			83,241,579

Form 990 (2021)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	0
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	259,943
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	0
4	Benefits paid to or for members .......	0
5	Compensation of current officers, directors, trustees, and key employees ...........	3,133,650
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........	0
7	Other salaries and wages........	14,468,343
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	72,421
9	Other employee benefits .......	2,585,250
10	Payroll taxes ...........	1,018,204
11	Fees for services (non-employees):
a	Management ......	3,683,787
b	Legal .........	332,443
c	Accounting ...........	165,916
d	Lobbying ...........	0
e	Professional fundraising services. See Part IV, line 17	0
f	Investment management fees ......	241,681
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	699,612
12	Advertising and promotion ....	26,235,397
13	Office expenses .......	425,979
14	Information technology ......	1,169,507
15	Royalties ..	0
16	Occupancy ...........	1,514,999
17	Travel ............	1,560,212
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	0
19	Conferences, conventions, and meetings ....	1,724,672
20	Interest ...........	0
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization ..	1,649,578
23	Insurance ...	197,530
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	RESEARCH & EDUCATION	13,829,578
b	SPONSORSHIPS	3,441,171
c	GRAPHIC ARTS	948,104
d	MAINTENANCE	933,496
e	All other expenses	1,816,530
25	Total functional expenses. Add lines 1 through 24e	82,108,003
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).

Form 990 (2021)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........			1,976	1	1,961
2	Savings and temporary cash investments .........			6,171,187	2	6,179,843
3	Pledges and grants receivable, net ......			0	3	0
4	Accounts receivable, net .............			10,310,342	4	10,849,987
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				0	5	0
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				0	6	0
7	Notes and loans receivable, net ...........			0	7	0
8	Inventories for sale or use ............			0	8	0
9	Prepaid expenses and deferred charges ......			1,151,343	9	1,118,108
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	24,863,047
b	Less: accumulated depreciation	10b	20,678,508	4,746,588	10c	4,184,539
11	Investments—publicly traded securities .			0	11	0
12	Investments—other securities. See Part IV, line 11 .....			0	12	0
13	Investments—program-related. See Part IV, line 11 ..			0	13	0
14	Intangible assets ...............			0	14	0
15	Other assets. See Part IV, line 11 ...........			330,744	15	5,713,239
16	Total assets. Add lines 1 through 15 (must equal line 33)...			22,712,180	16	28,047,677

17	Accounts payable and accrued expenses .....	17,878,152	17	18,606,254
18	Grants payable ...	0	18	0
19	Deferred revenue .........	0	19	0
20	Tax-exempt bond liabilities .........	0	20	0
21	Escrow or custodial account liability. Complete Part IV of Schedule D	0	21	0
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
		0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..	0	23	0
24	Unsecured notes and loans payable to unrelated third parties ..	0	24	0
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	1,239,673	25	4,690,772
26	Total liabilities. Add lines 17 through 25..	19,117,825	26	23,297,026

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	3,594,355	27	4,750,651
28	Net assets with donor restrictions ...........	0	28	0
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	3,594,355	32	4,750,651
33	Total liabilities and net assets/fund balances ........	22,712,180	33	28,047,677

Form 990 (2021)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

83,241,579

Total expenses (must equal Part IX, column (A), line 25) ............

82,108,003

Revenue less expenses. Subtract line 2 from line 1 ..............

1,133,576

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

3,594,355

Net unrealized gains (losses) on investments ...............

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

22,720

Other changes in net assets or fund balances (explain in Schedule O) ........

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

4,750,651

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Form 990 (2021)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2022

Name of the organization

COTTON INCORPORATED

Employer identification number

62-0786018

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

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

Cat. No. 30613XSchedule B (Form 990) (2022)

Schedule B (Form 990) (2022) Page 2

Name of organization COTTON INCORPORATED

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)

Schedule B (Form 990) (2022)

Page 3

Name of organization COTTON INCORPORATED		Employer identification number 62-0786018

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2022)

Schedule B (Form 990) (2022)

Page 4


Name of organization COTTON INCORPORATED			Employer identification number 62-0786018
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2022)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

COTTON INCORPORATED

Employer identification number

62-0786018

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
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 ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


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 7/25/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

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

Cat. No. 52283D

Schedule D (Form 990) 2021

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


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

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

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 ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Term endowment SchDMd Bullet

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements	6,210,240	4,763,053	1,447,187
d	Equipment ....	17,598,694	15,252,183	2,346,511
e	Other .....	1,054,113	663,272	390,841
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				4,184,539

Schedule D (Form 990) 2021

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(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.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(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.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value
(1)RIGHT-OF-USE ASSETS				3,712,276
(2)ACCRUED PENSION ASSET				2,000,963
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				5,713,239

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes	0
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	4,690,772
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

Schedule D (Form 990) 2021

Page 4

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	86,790,449
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b	3,548,870
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................			2e	3,548,870
3	Subtract line 2e from line 1..................			3	83,241,579
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
c	Add lines 4a and 4b....................			4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	83,241,579

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	85,656,873
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a	3,548,870
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................			2e	3,548,870
3	Subtract line 2e from line 1...................			3	82,108,003
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
c	Add lines 4a and 4b.....................			4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	82,108,003

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
SCHEDULE D, PART X, LINE 2:	THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, EXCEPT FOR ANY UNRELATED BUSINESS INCOME. THE COMPANY IS REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX ("FORM 990") WITH THE INTERNAL REVENUE SERVICE ("IRS") ANNUALLY. THE COMPANY IS ALSO EXEMPT FROM STATE INCOME TAXES WITH THE EXCEPTION FOR ANY UNRELATED BUSINESS INCOME. THERE WAS NO UNRELATED BUSINESS INCOME EARNED DURING THE YEARS ENDED DECEMBER 31, 2022 AND 2021. THE COMPANY ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THE COMPANY'S TAX RETURNS ARE OPEN FOR EXAMINATION FOR YEARS 2019 THROUGH 2021.

Return Reference

Explanation

SCHEDULE D, PART X, LINE 2:

THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, EXCEPT FOR ANY UNRELATED BUSINESS INCOME. THE COMPANY IS REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX ("FORM 990") WITH THE INTERNAL REVENUE SERVICE ("IRS") ANNUALLY. THE COMPANY IS ALSO EXEMPT FROM STATE INCOME TAXES WITH THE EXCEPTION FOR ANY UNRELATED BUSINESS INCOME. THERE WAS NO UNRELATED BUSINESS INCOME EARNED DURING THE YEARS ENDED DECEMBER 31, 2022 AND 2021. THE COMPANY ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THE COMPANY'S TAX RETURNS ARE OPEN FOR EXAMINATION FOR YEARS 2019 THROUGH 2021.

Schedule D (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16. Right pointing arrow large image

Attach to Form 990. Right pointing arrow large image

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization
COTTON INCORPORATED

Employer identification number

62-0786018

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees, agents, and independent contractors in the region	(d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in the region	(f) Total expenditures for and investments in the region
	East Asia and the Pacific	3	20	Program Services	INFORMATION SUPPORT	4,564,465
	North America	1	5	Program Services	INFORMATION SUPPORT	1,334,554
	Europe (Including Iceland and Greenland)	0	1	Program Services	INFORMATION SUPPORT	832,834
	Central America and the Caribbean	0	1	Program Services	INFORMATION SUPPORT	190,159
	South Asia	0	0	Program Services	INFORMATION SUPPORT	41,623
	South America	0	0	Program Services	INFORMATION SUPPORT	41,345
	Middle East and North Africa	0	0	Program Services	INFORMATION SUPPORT	19,828
	Sub-Saharan Africa	0	0	Program Services	Information Support	8,786
	North America	0	0	Program Services	Agricultural Research	7,814








3a	Sub-total ....	4	27			7,041,408
b	Total from continuation sheets to Part I ...
c	Totals (add lines 3a and 3b)	4	27			7,041,408

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2022

Schedule F (Form 990) 2022

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

1 (a) Name of organization		(b) IRS code section and EIN (if applicable)	(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement	(g) Amount of noncash assistance	(h) Description of noncash assistance	(i) Method of valuation (book, FMV, appraisal, other)

2	Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......
3	Enter total number of other organizations or entities .......................

Schedule F (Form 990) 2022

Schedule F (Form 990) 2022Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance		(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement	(f) Amount of noncash assistance	(g) Description of noncash assistance	(h) Method of valuation (book, FMV, appraisal, other)

Schedule F (Form 990) 2022

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2022

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.

ReturnReference	Explanation

Schedule F (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2022

Open to Public
Inspection

Name of the organization
COTTON INCORPORATED

Employer identification number
62-0786018

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(e) Amount of non-cash assistance	(f) Method of valuation (book, FMV, appraisal, other)	(g) Description of noncash assistance	(h) Purpose of grant or assistance
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

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

Cat. No. 50055P

Schedule I (Form 990) 2022

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1) SUPPORT FOR STUDENTS IN BREEDING/GENETICS STUDIES	5	259,943
(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference	Explanation
SCHEDULE I, PART I, LINE 2:	EXPLANATION: GRANTS ARE OVERSEEN BY OUR AGRICULTURAL AND ENVIRONMENTAL RESEARCH EMPLOYEES. THESE EMPLOYEES MONITOR THE PROGRESS OF THOSE RECEIVING GRANTS, INCLUDING REQUIRED COMMUNICATIONS OF THEIR PROGRESS AND SITE VISITS.

Schedule I (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization

COTTON INCORPORATED

Employer identification number

62-0786018

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Yes

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Yes

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Yes

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

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

Cat. No. 50053T

Schedule J (Form 990) 2022

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1J BERRYE WORSHAM PRESIDENT & CEO	(i) (ii)	586,112 ------------- 0	85,000 ------------- 0	64,761 ------------- 0	105,835 ------------- 0	48,841 ------------- 0	890,549 ------------- 0	0 ------------- 0
2MARK MESSURA SR VP, GLOBAL SUPP CHAIN MKTG	(i) (ii)	286,440 ------------- 0	28,739 ------------- 0	26,418 ------------- 0	77,639 ------------- 0	46,305 ------------- 0	465,541 ------------- 0	0 ------------- 0
3KATER HAKE VP AGRICULT/ENVIR. RESEARCH	(i) (ii)	269,259 ------------- 0	55,294 ------------- 0	40,885 ------------- 0	62,544 ------------- 0	30,881 ------------- 0	458,863 ------------- 0	0 ------------- 0
4KIMBERLY S KITCHINGS SR. VP, CONSUMER MARKETING	(i) (ii)	238,263 ------------- 0	23,754 ------------- 0	15,836 ------------- 0	56,561 ------------- 0	36,964 ------------- 0	371,378 ------------- 0	0 ------------- 0
5JOHN MORGANS VP ADMIN. & ASSISTANT TO PRES.	(i) (ii)	238,565 ------------- 0	23,535 ------------- 0	12,542 ------------- 0	60,569 ------------- 0	25,753 ------------- 0	360,964 ------------- 0	0 ------------- 0
6MIKE SHEN VP & MANAGING DIRECTOR - PDI	(i) (ii)	215,586 ------------- 0	21,461 ------------- 0	22,944 ------------- 0	40,244 ------------- 0	14,586 ------------- 0	314,821 ------------- 0	0 ------------- 0
7TIMOTHY JOHNSON VP & CFO	(i) (ii)	194,851 ------------- 0	20,000 ------------- 0	24,223 ------------- 0	36,568 ------------- 0	35,679 ------------- 0	311,321 ------------- 0	0 ------------- 0
8JOHN CHIAVACCI VP INFORMATION TECH. & CTO	(i) (ii)	194,736 ------------- 0	19,764 ------------- 0	7,818 ------------- 0	51,270 ------------- 0	36,957 ------------- 0	310,545 ------------- 0	0 ------------- 0
9MARY ANKENY VP PDI OPERATIONS	(i) (ii)	186,211 ------------- 0	20,007 ------------- 0	10,491 ------------- 0	45,172 ------------- 0	36,044 ------------- 0	297,925 ------------- 0	0 ------------- 0
10VIKKI MARTIN VP, FIBER COMPETITION	(i) (ii)	197,365 ------------- 0	18,395 ------------- 0	10,502 ------------- 0	42,449 ------------- 0	26,516 ------------- 0	295,227 ------------- 0	0 ------------- 0
11JESSE DAYSTAR VP, CHIEF SUSTAINABILITY OFFCR	(i) (ii)	206,460 ------------- 0	20,558 ------------- 0	9,933 ------------- 0	32,274 ------------- 0	13,840 ------------- 0	283,065 ------------- 0	0 ------------- 0
12HIDEYUKI KIKUMORI DIRECTOR, TECHNICAL MARKETING	(i) (ii)	142,324 ------------- 0	11,079 ------------- 0	44,249 ------------- 0	7,797 ------------- 0	8,798 ------------- 0	214,247 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2022

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
SCHEDULE J, PART I, LINE 1A:	THE COMPANY PROVIDES FOR BUSINESS CLASS TICKETS FOR ALL EMPLOYEES ON SELECT INTERNATIONAL TRIPS, WHICH INCLUDE FIRST-CLASS TICKETS WHEN DOMESTIC TRAVEL IS INVOLVED ON THOSE ITINERARIES. TAX GROSS-UP PAYMENTS ARE MADE FOR SELECT EXECUTIVES TO REIMBURSE MEDICAL EXPENSES.
SCHEDULE J, PART I, LINE 4:	J. BERRYE WORSHAM PARTICIPATES IN A SERP AND HAD CONTRIBUTIONS OF $50,000 IN 2022.

Schedule J (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)

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

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

COTTON INCORPORATED

Employer identification number

62-0786018

Return Reference	Explanation
FORM 990, PART I, LINE 1: DESCRIPTION OF ORGANIZATION MISSION:	COTTON INCORPORATED, FUNDED BY U.S. GROWERS OF UPLAND COTTON AND IMPORTERS OF COTTON AND COTTON TEXTILE PRODUCTS, IS THE RESEARCH AND MARKETING COMPANY REPRESENTING UPLAND COTTON. THE PROGRAM IS DESIGNED AND OPERATED TO IMPROVE THE DEMAND FOR AND PROFITABILITY OF COTTON.
FORM 990, PART III, LINE 4D: OTHER PROGRAM SERVICES:	OTHER PROGRAM SERVICES INCLUDE RESEARCH AND DEVELOPMENT AND CORPORATE SERVICES.
FORM 990, PART VI, SECTION A, LINE 1A:	EXPLANATION: IN ABSENCE OF THE FULL BOARD OF DIRECTORS BEING AVAILABLE, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MAY VOTE ON ISSUES THAT ARISE. THE RESULTS OF ANY ACTION BROUGHT FORTH ARE VOTED ON AND RECOGNIZED IN THE MINUTES. UPON THE NEXT MEETING OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE WILL PROVIDE A SUMMARY OF SUCH ACTION AND NOTIFY OF THE OUTCOME. THE EXECUTIVE COMMITTEE IS COMPRISED SOLELY OF MEMBERS OF THE BOARD OF DIRECTORS AND ITS COMPOSITION IS VOTED UPON BY THE FULL BOARD OF DIRECTORS ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 11B:	EXPLANATION: THE FORM 990 IS REVIEWED IN DETAIL WITH THE COMPANY'S AUDIT COMMITTEE AT THE AUGUST BOARD OF DIRECTORS MEETING FOR APPROVAL PRIOR TO FILING. SUBSEQUENT TO REVIEW, THE CHAIRMAN OF THE AUDIT COMMITTEE WILL INFORM THE COMPLETE BOARD OF DIRECTORS OF THE PROCEEDINGS AND OUTCOME.
FORM 990, PART VI, SECTION B, LINE 12C:	EXPLANATION: ALL DIRECTORS ARE REQUESTED TO ATTEST THAT THEY ARE FREE OF ANY CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15:	EXPLANATION: AN INDEPENDENT COMPENSATION COMMITTEE DETERMINES COMPENSATION FOR ALL EMPLOYEES OF THE COMPANY. THE COMPENSATION COMMITTEE ENGAGES AN OUTSIDE CONSULTANT TO PROVIDE RECOMMENDATIONS BASED ON COMPARABLE PAY INFORMATION AS WELL.
FORM 990, PART VI, SECTION C, LINE 19:	EXPLANATION: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST BY AN APPROPRIATE PARTY.
FORM 990, PART XII, LINE 2C:	EXPLANATION: THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS.

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

Cat. No. 51056K

Schedule O (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

COTTON INCORPORATED

Employer identification number

62-0786018

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)TROLINDER TRUST FUND 6399 WESTON PARKWAY CARY,NC27513 30-6017258	COTTON BIOTEC	NC	501(c)(3)	LINE 11C	NA		No

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

Cat. No. 50135Y

Schedule R (Form 990) 2021

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No

Schedule R (Form 990) 2021

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

Yes

m Performance of services or membership or fundraising solicitations by related organization(s) .................

Yes

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved

Schedule R (Form 990) 2021

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) 2021

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation

Schedule R (Form 990) 2021

Additional Data

Software ID:
Software Version:

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No