American Institute Of Wine & Food Wichita Chapter Inc
- Assets
- $79.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 47-5031065
Organization Overview
American Institute Of Wine & Food Wichita Chapter Inc is located in Wichita, KS. The organization was established in 2016. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Institute Of Wine & Food Wichita Chapter Inc 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 12/2021, American Institute Of Wine & Food Wichita Chapter Inc generated $61.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $49.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 5 years. 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
SPONSORSHIP OF FOOD AND WINE TASTING EVENTS IN SUPPORT OF THE SCHOLARSHIP PROGRAM. THREE SCHOLARSHIPS WERE AWARDED DURING 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Bower Chairman | 0 | $0 | |
Kasey Baker Publicity/so | 0 | $0 | |
Renee Sarver Secretary | 0 | $0 | |
Bret Burton Treasurer | 0 | $0 | |
Brenda Compton Scholarship | 0 | $0 | |
Kim Garci-Glass Programs Co | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,354 |
| Total Program Service Revenue | $49,651 |
| Membership dues | $7,900 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,516 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $995 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $141 |
| Other expenses | $45,418 |
| Total expenses | $49,825 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,302 |
| Other assets | $0 |
| Total assets | $79,402 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,402 |
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