Distilled Spirits Council Of The United States Inc
- Assets
- $17.7m
- Revenue
- $15.0m
- Investments
- $301.1k
- Employees
- 55
- Location
- Washington, DC
- Founding
- 02/1974
- Data as of
- 12/2023
- EIN
- 52-0971454
Organization Overview
Distilled Spirits Council Of The United States Inc, operating under the name Discus, is located in Washington, DC. The organization was established in 1974. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Discus employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Discus 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, Discus generated $15.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $16.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Discus has awarded 60 individual grants totaling $782,166. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DISCUS IS THE LEADING CONVENER OF THE SPIRITS INDUSTRY, BRINGING TOGETHER PRODUCERS LARGE AND SMALL; SUPPLY CHAIN PROFESSIONALS; AND OUR SERVICE PARTNERS. ALL DISCUS MEMBERS ENJOY ACCESS TO, AND INFLUENCE ON, ITS BEST-IN-CLASS ADVOCACY EFFORTS IN WASHINGTON, DC; STATE CAPITALS ACROSS THE US; AND IN KEY MARKETS AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF THE OBSERVANCE OF LAWS RELATIVE TO THE INDUSTRY, AND ESTABLISHING AND MAINTAINING COOPERATIVE RELATIONSHIPS WITH TRADE GROUPS AND GOVERNMENTAL AGENCIES, REGULATORY AND LEGISLATIVE, TO THE END THAT FULL UNDERSTANDING AND COOPERATION MAY BE HAD IN CONSIDERING AND SOLVING PROBLEMS OF THE INDUSTRY.
EXERTING ALL LEGITIMATE EFFORTS TO ELIMINATE DISCRIMINATION, WHETHER ECONOMIC, STATUTORY, REGULATORY OR OTHER, AGAINST PRODUCTS OF THE INDUSTRY, AND TO OPPOSE UNDUE AND UNFAIR PREFERENCE AND ADVANTAGE OF ANY KIND.
WORKING FOR THE PREVENTION OF PRACTICES WITHIN THE INDUSTRY WHICH ARE CONTRARY TO SOUND PUBLIC POLICY, AND OPPOSING IMPROPER METHODS AND ILLEGITIMATE BUSINESS PRACTICES TO THE END THAT PROPER RELATIONS BE MAINTAINED BY THE INDUSTRY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ugo Fiorenzo Board Chair | OfficerTrustee | 1 | $0 |
Ann Mukherjee Vice Chair | OfficerTrustee | 1 | $0 |
Paul Basford Board Member | Trustee | 1 | $0 |
Nicolas Beckers Board Member | Trustee | 1 | $0 |
Rob Cassell Board Member | Trustee | 1 | $0 |
David Colo Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Alpine Group Federal Legislative Consulting | 12/30/23 | $195,000 |
Hillco Partners Llc Texas Lobbying Services | 12/30/23 | $171,742 |
Seven Letter Communications Consulting | 12/30/23 | $146,000 |
Beekeeper Group Llc Website Services | 12/30/23 | $134,953 |
Pink Granite Llc State Government Relations Consulting | 12/30/23 | $114,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,043,879 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,095 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,054,974 |
| Total Program Service Revenue | $13,506,735 |
| Investment income | $127,330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $193,407 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,023,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| 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. | $2,085,607 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,177,558 |
| Pension plan accruals and contributions | $704,973 |
| Other employee benefits | $0 |
| Payroll taxes | $389,827 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $111,796 |
| Fees for services: Accounting | $53,462 |
| Fees for services: Lobbying | $2,005,988 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,555 |
| Fees for services: Other | $2,007,984 |
| Advertising and promotion | $310,828 |
| Office expenses | $79,758 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,644,369 |
| Travel | $342,293 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,542,404 |
| Interest | $280 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $77,067 |
| Insurance | $98,608 |
| All other expenses | $95,566 |
| Total functional expenses | $16,264,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,256,127 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,051,971 |
| Loans from Officers, Directors, or Controlling Persons | $2,022,179 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $634,271 |
| Net Land, buildings, and equipment | $173,542 |
| Investments—publicly traded securities | $1,353,483 |
| Investments—other securities | $301,143 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,947,609 |
| Total assets | $17,740,325 |
| Accounts payable and accrued expenses | $1,521,218 |
| Grants payable | $0 |
| Deferred revenue | $680,086 |
| 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 | $14,122,389 |
| Total liabilities | $16,323,693 |
| Net assets without donor restrictions | $1,416,632 |
| 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 | $17,740,325 |
Grants Awarded
Over the last fiscal year, Distilled Spirits Council Of The United States Inc has awarded $27,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
R STREET INSTITUTE PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
NATIONAL TAXPAYERS UNION PURPOSE: GENERAL SUPPORT | $7,500 |