Charlotte Wine & Food Weekend Inc
- Assets
- $463.0k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Charlotte, NC
- Founding
- 02/1996
- Data as of
- 12/2023
- EIN
- 56-1937731
Organization Overview
Charlotte Wine & Food Weekend Inc is located in Charlotte, NC. The organization was established in 1996. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Charlotte Wine & Food Weekend Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte Wine & Food Weekend 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 12/2023, Charlotte Wine & Food Weekend Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $958.9k during the year ending 12/2023. While expenses have increased by 15.0% per year over the past 9 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.
Since 2015, Charlotte Wine & Food Weekend Inc has awarded 43 individual grants totaling $2,153,238. 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
TO RAISE MONEY FOR CHARITABLE ORGANIZATIONS IN CHARLOTTE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARLOTTE WINE & FOOD BRINGS TOGETHER LEADING WINE INDUSTRY EXPERTS FROM AROUND THE WORLD AND PAIRS THEM WITH CHARLOTTES TOP CHEFS TO CELEBRATE AND ADVANCE PUBLIC KNOWLEDGE OF AND APPRECIATION FOR FINE WINE AND FOOD, WHILE MAKING SIGNIFICANT CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS THAT BENEFIT CHILDREN AND THEIR FAMILIES IN THE CHARLOTTE COMMUNITY.IN 1989, A GROUP OF CIVIC-MINDED WINE AND FOOD ENTHUSIASTS HAD A VISION OF CREATING A SERIES OF EVENTS TO RAISE MONEY FOR CHARITY. OUT OF THIS VISION, CHARLOTTE WINE & FOOD WAS BORN AND HAS PROUDLY CONTRIBUTED OVER $7 MILLION TO THE COMMUNITY OVER THE LAST 36 YEARS. WITH TIME AND CARE, THE ORGANIZATION HAS GROWN IN STATURE AND EVOLVED BUT REMAINS ONE OF CHARLOTTES PREMIER CULTURAL INSTITUTIONS ATTRACTING WINEMAKERS, VINTNERS, AND SOMMELIERS FROM AROUND THE WORLD WHILE CELEBRATING THE BEST OF CHARLOTTES CULINARY LANDSCAPE. WHAT STARTED AS A WEEKEND OF EVENTS TAKING PLACE BI-ANNUALLY IS NOW A YEAR-ROUND SERIES OF EVENTS THAT CULMINATE IN A MULTI-DAY WINE AND FOOD EXPERIENCE EACH APRIL. FROM INTIMATE VINTNER DINNERS AND TASTINGS TO LARGE GALA DINNERS AND LIVE AUCTIONS, CHARLOTTE WINE & FOOD HAS SOMETHING FOR ANYONE INTERESTED IN WINE, FOOD, FUN, AND FUNDRAISING! CHARLOTTE WINE & FOOD IS A NON-PROFIT 501(C)3 DIRECTED BY A FELLOWSHIP OF WINE AND FOOD CONNOISSEURS THAT MAKE UP ITS VOLUNTEER BOARD OF DIRECTORS. ALL EVENTS BENEFIT STRATEGICALLY-SELECTED CHARITY PARTNERS THAT SUPPORT CHILDREN IN THE LOCAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Deese Executive Dir. | Officer | 40 | $130,000 |
Palmer Steel Chair Emeritus | OfficerTrustee | 3 | $0 |
Ariail Siggins Barker Chairman | OfficerTrustee | 3 | $0 |
Bob Barnhart Board Member | Trustee | 1 | $0 |
Tom Bohrer Board Member | Trustee | 2 | $0 |
Cat Carter Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $225,200 |
| Related organizations | $0 |
| Government grants | $18,764 |
| All other contributions, gifts, grants, and similar amounts not included above | $311,990 |
| Noncash contributions included in lines 1a–1f | $41,259 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $555,954 |
| Total Program Service Revenue | $0 |
| Investment income | $704 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $510,170 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $23,876 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,093,053 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $580,508 |
| 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. | $134,800 |
| Compensation of current officers, directors, key employees. | $67,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,450 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,171 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,127 |
| Advertising and promotion | $3,047 |
| Office expenses | $3,067 |
| Information technology | $1,008 |
| Royalties | $0 |
| Occupancy | $38,828 |
| Travel | $65 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,730 |
| All other expenses | $7,426 |
| Total functional expenses | $958,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183,429 |
| Savings and temporary cash investments | $255,418 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,167 |
| 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 | $0 |
| Total assets | $463,014 |
| Accounts payable and accrued expenses | $4,704 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $9,769 |
| Other liabilities | $0 |
| Total liabilities | $14,473 |
| Net assets without donor restrictions | $448,541 |
| 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 | $463,014 |
Grants Awarded
Over the last fiscal year, Charlotte Wine & Food Weekend Inc has awarded $580,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GENONE | | | $148,000 |
AUGUSTINE LITERACY PROJECT | | | $148,000 |
THOMPSON CHILD & FAMILY FOCUS | | | $148,000 |
THE LEARNING COLLABORATIVE | | | $136,000 |