Wine And Spirits Foundation Of Louisiana Inc
- Assets
- $350.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 12/1968
- Data as of
- 12/2021
- EIN
- 23-7024545
Organization Overview
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 12/2021, Wine And Spirits Foundation Of Louisiana Inc generated $183.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $173.6k during the year ending 12/2021. 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
TO PROMOTE THE ALCOHOLIC BEVERAGE INDUSTRY AND DEFEND THE INTERESTS OF THE ALCOHOLIC BEVERAGE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Cole President | 0 | $0 | |
Dwight Prudomme Vice Preside | 0 | $0 | |
John Williams Exec Directo | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $183,248 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $183,248 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $107,452 |
| Professional fees and other payments to independent contractors | $9,877 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $687 |
| Other expenses | $55,552 |
| Total expenses | $173,568 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $325,071 |
| Other assets | $0 |
| Total assets | $350,311 |
| Total liabilities | $1,811 |
| Net assets or fund balances | $348,500 |
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