Wine And Spirits Wholesalers Of Kentucky is located in Louisville, KY. The organization was established in 1944. 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. As of 09/2022, Wine And Spirits Wholesalers Of Kentucky employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wine And Spirits Wholesalers Of Kentucky 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 09/2022, Wine And Spirits Wholesalers Of Kentucky generated $863.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $525.9k during the year ending 09/2022. While expenses have increased by 0.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN AND PROMOTE THE HIGH STANDARD OF INTEGRITY AND EFFICIENCY IN THE CONDUCT OF THE WHOLESALE LIQUOR INDUSTRY IN KENTUCKY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO MAINTAIN AND PROMOTE THE HIGH STANDARD OF INTEGRITY AND EFFICIENCY IN THE CONDUCT OF THE WHOLESALE LIQUOR INDUSTRY IN KENTUCKY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles S George II Executive Director | Officer | 40 | $184,957 |
Jimmy Carpenter Vice-President | OfficerTrustee | 1 | $0 |
Don Wolz President | OfficerTrustee | 1 | $0 |
Peter Mclaughlin Treasurer | OfficerTrustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $854,031 |
Investment income | $8,957 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $862,988 |
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. | $196,015 |
Compensation of current officers, directors, key employees. | $58,804 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $122,812 |
Pension plan accruals and contributions | $7,995 |
Other employee benefits | $0 |
Payroll taxes | $21,030 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,777 |
Fees for services: Accounting | $5,350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,050 |
Advertising and promotion | $0 |
Office expenses | $23,318 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $23,100 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,651 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,380 |
Insurance | $21,027 |
All other expenses | $1,258 |
Total functional expenses | $525,912 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $785,292 |
Savings and temporary cash investments | $266,946 |
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 | $0 |
Net Land, buildings, and equipment | $4,139 |
Investments—publicly traded securities | $286,094 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,342,471 |
Accounts payable and accrued expenses | $6,019 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $6,019 |
Net assets without donor restrictions | $1,336,452 |
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 | $1,342,471 |
Organization Name | Assets | Revenue |
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Ohio Restaurant Assn Columbus, OH | $2,879,456 | $2,138,506 |
The Food Shippers Of America Inc Geneva, IL | $1,637,121 | $1,840,645 |
Boone County Fair Association Belvidere, IL | $3,013,747 | $1,687,537 |
Wine & Spirits Wholesalers Of Tennessee Nashville, TN | $2,252,502 | $1,835,883 |
Farm Stew International Princeton, IL | $756,525 | $1,608,819 |
Angelic Organics Learning Center Inc Caledonia, IL | $2,139,499 | $1,069,053 |
Public Markets Inc Ooltewah, TN | $875,543 | $1,266,301 |
3-A Sanitary Standards Inc McLean, VA | $2,950,339 | $1,154,736 |
Mason County Fair Inc Point Pleasant, WV | $309,354 | $907,373 |
Tri-State Exhibition Center Cleveland, TN | $1,640,606 | $1,262,121 |