Wine And Spirits Foundation Of Louisiana Inc is located in Baton Rouge, LA. The organization was established in 1968. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wine And Spirits Foundation Of Louisiana Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Wine And Spirits Foundation Of Louisiana Inc generated $135.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $177.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE ALCOHOLIC BEVERAGE INDUSTRY AND DEFEND THE INTERESTS OF THE ALCOHOLIC BEVERAGE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Cole President | 0 | $0 | |
Dwight Prudomme Vice Preside | 0 | $0 | |
John Williams Exec Directo | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $135,416 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $135,416 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $125,497 |
Professional fees and other payments to independent contractors | $18,371 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $33,187 |
Total expenses | $177,055 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $237,227 |
Other assets | $0 |
Total assets | $264,086 |
Total liabilities | $9,250 |
Net assets or fund balances | $254,836 |