Swiss Wine Festival Inc
- Assets
- $496.9k
- Revenue
- $465.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Vevay, IN
- Founding
- 09/1980
- Data as of
- 12/2022
- EIN
- 35-1451533
Organization Overview
Swiss Wine Festival Inc is located in Vevay, IN. The organization was established in 1980. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swiss Wine Festival Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Swiss Wine Festival Inc generated $465.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $498.1k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SWISS WINE FESTIVAL, INC. SHALL BE TO PLAN, ORGANIZE, PUBLICIZE, COORDINATE, DIRECT AND MANAGE ALL ACTIVITIES, EVENT AND ENTERTAINMENT OF SUCH AN ANNUAL FESTIVAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SWISS WINE FESTIVAL BOARD OF DIRECTORS IS ORGANIZED TO PROMOTE THE FESTIVAL TO ACCOMPLISH INTEREST IN THE LOCAL HISTORY AND OUR SWISS AND WINE HERITAGE, PROVIDE ACTIVITIES THAT ENCOURAGE PEOPLE TO RETURN TO THE COMMUNITY AND ENCOURAGE COMMUNITY FELLOWSHIP AND INVOLVEMENT, PROVIDE OPPORTUNITIES FOR NON-PROFIT ORGANIZATIONS TO PROVIDE ITEMS THAT HELP THE ORGANIZATION RAISE MONEY, PROVIDE ENTERTAINMENT THAT ADDS TO THE FESTIVAL ENVIRONMENT, APPEALS TO DIFFERENT AGES AND TASTES, AND SUPPORT THE LOCAL PERFORMING AND VISUAL ARTS, PROVIDE FAMILY ACTIVITIES AT A REASONABLE COST AND A FESTIVE ATMOSPHERE THAT'S DRAWS PEOPLE THROUGHOUT THE TRI-STATE TO THE FESTIVAL, TO RAISE MONEY THAT FUND THE ACTIVITIES AT THE FESTIVAL AND THE COMMUNITY IN GENERAL, PROVIDE THE FACILITIES AND ORGANIZATION NECESSARY TO PROMOTE AND DEVELOP SUPPORTING EVENTS, CRAFTS, FOOD, ENTERTAINMENT, PARADE AND ALL OTHER ACTIVITIES ASSOCIATED WITH THE FESTIVAL, MAINTAIN A SAFE AND CLEAN ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susanne Abdon Secretary | OfficerTrustee | $0 | |
Tyler Allen Director | Trustee | $0 | |
Gene Crabtree Director | Trustee | $0 | |
Tom Dawson Director | Trustee | $0 | |
Clinton Earls Director | Trustee | $0 | |
Karoline Green Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,254 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,254 |
| Total Program Service Revenue | $332,847 |
| Investment income | $20 |
| 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 | -$2,139 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $464,982 |
| 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. | $0 |
| 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 | $16,560 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,093 |
| Office expenses | $3,219 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $275 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $18,623 |
| All other expenses | $126,394 |
| Total functional expenses | $498,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,576 |
| Savings and temporary cash investments | $54,200 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $9,000 |
| Net Land, buildings, and equipment | $405,140 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $496,916 |
| Accounts payable and accrued expenses | $2,759 |
| Grants payable | $0 |
| Deferred revenue | $19,150 |
| 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 | $0 |
| Total liabilities | $21,909 |
| Net assets without donor restrictions | $475,007 |
| 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 | $496,916 |