Bourbon Women Association is located in Louisville, KY. The organization was established in 2012. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bourbon Women Association 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, Bourbon Women Association generated $390.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $375.9k during the year ending 12/2021. While expenses have increased by 19.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BE AN INDEPENDENT RESOURCE AND INSPIRATIONAL FORUM FOR BRINGING WOMEN OF ALL (SEE SCHEDULE O) AGE GROUPS TOGETHER COLLECTIVELY TO SHARE OUR BOURBON AFFINITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE HISTORY AND HERITAGE OF BOURBON THROUGH EDUCATION, WHILE PARTNERING WITH THE BOURBON INDUSTRY TO ENRICH THE ECONOMIC IMPACT AND TO ACT AS A CATALYST IN ENGAGING THE FEMALE MARKET.
TO HOLD EVENTS THROUGHOUT THE YEAR TO ALLOW MEMBERS AND NON-MEMBERS AN OPPORTUNITY TO MINGLE, NETWORK AND LEARN ABOUT BOURBON AND OTHER SPIRITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carol Ormay Branch Liason, Director Operations | Officer | 30 | $24,000 |
Heather Wibbels Chair | OfficerTrustee | 1 | $0 |
Margaret Horlander Secretary | OfficerTrustee | 1 | $0 |
Steffani Scheurich Vice Chair | OfficerTrustee | 1 | $0 |
Sarabeth Hackman Compliance Officer | OfficerTrustee | 1 | $0 |
Monica Wolf Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $55,834 |
Fundraising events | $16,973 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $163,476 |
Noncash contributions included in lines 1a–1f | $20,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $236,283 |
Total Program Service Revenue | $154,941 |
Investment income | $30 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$566 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $390,688 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $24,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $119,667 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,970 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $32,235 |
Advertising and promotion | $12,600 |
Office expenses | $2,056 |
Information technology | $5,839 |
Royalties | $0 |
Occupancy | $0 |
Travel | $65 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $925 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $6,999 |
All other expenses | $374 |
Total functional expenses | $375,933 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $47,620 |
Savings and temporary cash investments | $620 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,500 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $431 |
Total assets | $54,171 |
Accounts payable and accrued expenses | $9,481 |
Grants payable | $0 |
Deferred revenue | $8,115 |
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 | $19,999 |
Total liabilities | $37,595 |
Net assets without donor restrictions | $0 |
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 | $16,576 |
Total liabilities and net assets/fund balances | $54,171 |
Over the last fiscal year, we have identified 1 grants that Bourbon Women Association has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
The Brackpool Family Foundation Los Angeles, CA PURPOSE: FEMALE EMPOWERMENT AND INCLUSION | $1,000 |
Organization Name | Assets | Revenue |
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United States Soybean Export Council Inc Chesterfield, MO | $22,345,655 | $54,169,870 |
Council Of Better Business Bureaus Inc Arlington, VA | $12,407,236 | $29,190,679 |
Midway Airlines Terminal Consortium Chicago, IL | $5,016,144 | $16,801,841 |
Virginia Equine Alliance Warrenton, VA | $24,647,483 | $20,710,903 |
Julie Inc Joliet, IL | $17,181,914 | $10,586,687 |
Yaplus Arlington, VA | $14,080,198 | $11,268,285 |
Virginia Utility Protection Service Inc Roanoke, VA | $16,444,690 | $8,907,059 |
International Accreditation Service Inc Country Club Hills, IL | $30,369,423 | $13,023,651 |
Better Business Bureau Of Chicago And Northern Illinois Inc Chicago, IL | $9,345,951 | $7,242,725 |
Virginia Community Capital Inc Christiansburg, VA | $56,421,694 | $9,502,783 |
Somercor 504 Inc Chicago, IL | $3,029,721 | $5,498,037 |
Chicago Minority Supplier Development Council Inc Chicago, IL | $1,146,742 | $3,861,380 |