Carolina Brewmasters Inc

Organization Overview

Carolina Brewmasters Inc is located in Huntersville, NC. The organization was established in 2010. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Carolina Brewmasters 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 12/2023, Carolina Brewmasters Inc generated $9.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (33.8%) each year. All expenses for the organization totaled $13.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (31.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3

TO PROMOTE THE HOBBY OF HOMEBREWING AND EDUCATE PERSONS ABOUT THE PROCESS OF HOMEBREWING. APPROXIMATELY 200 PERSONS BENEFITTED FROM THE EDUCATION, HOMEBREWING INSTRUCTION, AND CON


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Board, Officers & Key Employees

Name (title)Compensation
Stephen Ramsey
President
$0
Ryan Nadel
Vp-Competition
$0
Tom Henderson
Vp-Membership
$0
Richard Lane
Treasurer
$0
Toby Andrews
Vp-Education
$0
Michael Wiggins
Vp-Social
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$6,555
Membership dues$0
Investment income $3,003
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$9,558

Grants Awarded

Over the last fiscal year, Carolina Brewmasters Inc has awarded $50,000 in support to 4 organizations.

Grant RecipientAmount

OPERATION HOMEFRONT INC

PURPOSE: General purp.

$12,500

GREATER CHARLOTTE SPCA

PURPOSE: General purp.

$12,500

BEDS FOR KIDS INC

PURPOSE: General purp.

$12,500

ADA JENKINS FAMILIES AND CAREERS DEVELOPMENT CENTER INC

PURPOSE: General purp.

$12,500
View Grant Profile

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