Buffalo Gap Wine & Food Summit Inc is located in Abilene, TX. The organization was established in 2007. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buffalo Gap Wine & Food Summit Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Buffalo Gap Wine & Food Summit Inc generated $75.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $98.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ANNUAL BUFFALO GAP WINE & FOOD SUMMIT WAS HELD APRIL 24, 2021. THE SUMMIT HAD APPROXIMATELY 298 ATTENDEES. EVENTS INCLUDED EDUCATION REGARDING TEXAS WINE PRODUCTION ALONG WITH FOOD PAIRINGS. SEVERAL TEXAS VINTNERS AND RESTAURANTEURS PARTICIPATED IN PRESENTATIONS TO THE ATTENDEES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frank Tom Perini Chairman | 0 | $0 | |
Richard Becker Vice Chairman | 0 | $0 | |
Ashley Parker Snider Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $47,000 |
Total Program Service Revenue | $28,290 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $75,290 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $17,246 |
Professional fees and other payments to independent contractors | $930 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $80,160 |
Total expenses | $98,336 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $59,425 |
Other assets | $0 |
Total assets | $59,425 |
Total liabilities | $0 |
Net assets or fund balances | $59,425 |
Organization Name | Assets | Revenue |
---|---|---|
Texas Cattle Feeders Association Amarillo, TX | $5,920,229 | $4,940,218 |
New Mexico Land Conservancy Santa Fe, NM | $3,774,909 | $4,005,954 |
Texas Association For School Nutrition Austin, TX | $973,126 | $794,515 |
Recirculating Farms Coalition New Orleans, LA | $1,618,016 | $1,507,053 |
New Mexico Winegrowers Association Inc Albuquerque, NM | $293,136 | $581,592 |
Southwest Council Of Agribusiness Inc Lubbock, TX | $481,899 | $376,612 |
Texas Grain And Feed Association Fort Worth, TX | $1,600,900 | $404,039 |
Mid-South Soybean Board Inc Little Rock, AR | $766,232 | $503,717 |
International Society Of Beverage Technologists Dallas, TX | $1,085,799 | $256,626 |
Ozark Food Processors Association Fayetteville, AR | $0 | $0 |
New Mexico Food Dealers Assn Belen, NM | $248,867 | $188,440 |
Buffalo Gap Wine & Food Summit Inc Abilene, TX | $59,425 | $0 |