Charleston Wine & Food Festival
- Assets
- $2.1m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 11
- Location
- Charleston, SC
- Founding
- 05/2006
- Data as of
- 06/2022
- EIN
- 20-2671674
Organization Overview
Charleston Wine & Food Festival is located in Charleston, SC. The organization was established in 2006. According to its NTEE Classification (K12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Charleston Wine & Food Festival employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charleston Wine & Food Festival 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 06/2022, Charleston Wine & Food Festival generated $6.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $5.3m during the year ending 06/2022. While expenses have increased by 11.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Charleston Wine & Food Festival has awarded 16 individual grants totaling $206,109. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CELEBRATE, EDUCATE, ENRICH, AND PROMOTE THE LOWCOUNTRY'S DIVERSE CULINARY + HOSPITALITY COMMUNITY THROUGH WORLD-CLASS EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARLESTON WINE + FOOD IS A 501(C)(3) NON-PROFIT ORGANIZATION THAT SUPPORTS CHARLESTON AND THE LOWCOUNTRY'S DIVERSE CULINARY + HOSPITALITY COMMUNITY. THE ORGANIZATION CHAMPIONS THE REGION'S UNIQUE FOODWAYS 365 DAYS A YEAR THROUGH WORLD-RENOWNED CULINARY EXPERIENCES THAT BRING PEOPLE TOGETHER TO SHARE STORIES, CREATE CONNECTIONS, AND INSPIRE CURIOSITY. OUR MISSION IS TO PRODUCE EXPERIENCES THAT CELEBRATE, EDUCATE, AND PROMOTE THE LOWCOUNTRY'S DIVERSE CULINARY + HOSPITALITY COMMUNITY. THE ORGANIZATION WAS FOUNDED IN JULY 2005 BY A GROUP OF COMMUNITY LEADERS WITH A VISION OF CREATING AN EVENT TO PROMOTE + ELEVATE CHARLESTON'S CULINARY BRAND. (CONTINUED ON SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mamie Bush Chair | OfficerTrustee | 6 | $0 |
Kim Unterreiner Vice Chair | OfficerTrustee | 2 | $0 |
Margaret Furniss Secretary | OfficerTrustee | 2 | $0 |
Andy Covode Treasurer | OfficerTrustee | 2 | $0 |
Steve Palmer Immediate Pa | Trustee | 1 | $0 |
Charles Carmody Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nbcuniversal Media Llc Production Cost | 6/29/20 | $425,000 |
Snyder Event Services Venue Services | 6/29/20 | $153,099 |
Cb Events Venue Services | 6/29/20 | $214,615 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,983,212 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,377,742 |
| Noncash contributions included in lines 1a–1f | $437,742 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,360,954 |
| Total Program Service Revenue | $3,367,752 |
| Investment income | $265 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,187 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,737,889 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $165,002 |
| Compensation of current officers, directors, key employees. | $16,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $701,173 |
| Pension plan accruals and contributions | $20,309 |
| Other employee benefits | $81,773 |
| Payroll taxes | $63,848 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,767 |
| Fees for services: Accounting | $43,047 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $94,967 |
| Advertising and promotion | $334,073 |
| Office expenses | $39,253 |
| Information technology | $11,567 |
| Royalties | $0 |
| Occupancy | $93,977 |
| Travel | $750 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,161 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,839 |
| Insurance | $3,729 |
| All other expenses | $0 |
| Total functional expenses | $5,349,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,788,742 |
| Savings and temporary cash investments | $239,039 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,211 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,387 |
| Prepaid expenses and deferred charges | $38,383 |
| Net Land, buildings, and equipment | $44,496 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,129,258 |
| Accounts payable and accrued expenses | $39,196 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,296 |
| Total liabilities | $48,492 |
| Net assets without donor restrictions | $2,080,766 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,129,258 |
Grants Awarded
Over the last fiscal year, Charleston Wine & Food Festival has awarded $19,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE OF CHARLESTON FOUNDATION PURPOSE: SCHOLARSHIPS | $8,000 |
ONE-EIGHTY PLACE PURPOSE: GENERAL SUPPORT | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southeast Regional Cooperative Inc East Point, GA | $1,861,260 | $10,943,085 |
Georgia Food Bank Association Inc East Point, GA | $2,521,461 | $5,836,432 |
Charleston Wine & Food Festival Charleston, SC | $2,129,258 | $6,737,889 |
Georgia Child Care Resources Inc Springfield, GA | $883,020 | $4,622,305 |
Georgia Resources For Children Inc Chatsworth, GA | $122,837 | $2,321,156 |
Fort Liberty Schools Cafeteria Fund Fort Bragg, NC | $2,353,094 | $1,523,897 |
Core Academy Hopkins, SC | $95,763 | $977,257 |
Run 5 Feed 5 Trinity, NC | $103,784 | $0 |
Canstruction Inc Atlanta, GA | $241,456 | $65,460 |
Cedarhurst Foundation Charleston, SC | $231,741 | $111,795 |
Run The Reagan Inc Snellville, GA | $58,529 | $0 |
Hh Foundation Inc Atlanta, GA | $12,273 | $0 |
Crystal Coast Corks & Forks Inc Atlantic Beach, NC | $15,249 | $25,728 |
Socks Furry Paws Foundation Anderson, SC | $1,064 | $10,919 |
Scfb Agricultural Aid Foundation Columbia, SC | $81,629 | $0 |
Slow Money Nc Pittsboro, NC | $441,837 | $332,924 |
V Patel Foundation Inc Greenville, SC | $6,304 | $201 |
Help Hand Peru Thomasville, NC | $300 | $0 |