New Orleans Wine And Food Experience Inc
- Assets
- $3.1k
- Revenue
- $413.9k
- Investments
- $0.0
- Employees
- 3
- Location
- New Orleans, LA
- Founding
- 09/1993
- Data as of
- 09/2023
- EIN
- 72-1209885
Organization Overview
New Orleans Wine And Food Experience Inc is located in New Orleans, LA. The organization was established in 1993. 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 09/2023, New Orleans Wine And Food Experience Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Orleans Wine And Food Experience Inc 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 09/2023, New Orleans Wine And Food Experience Inc generated $413.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $542.6k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ANNUAL WINE AND FOOD EVENT PROMOTING THE DEVELOPMENT OF CULINARY ARTS AND EDUCATES THE PUBLIC ON WINE AS A BEVERAGE FOR SAFE USE. THE EVENT ENCOURAGES THE PUBLIC TO VISIT NEW ORLEANS TO PROMOTE URBAN DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEW ORLEANS WINE & FOOD EXPERIENCE IS A PREMIER EVENT, SHOWCASING WHAT THE CITY DOES BEST EATING AND DRINKING. THE ORGANIZATIONS ANNUAL FESTIVAL HAS BECOME ONE OF THE MOST CELEBRATED CULINARY EVENTS IN THE NATION, ATTRACTING GOURMANDS AND CONNOISSEURS. EACH YEAR, HUNDREDS OF WINERIES AND RESTAURANTS PARTICIPATE. MENUS FEATURE LOCAL FLAVOR AND INNOVATIVE NEW CREATIONS INSPIRED BY DIVERSE CUISINES. TOP CHEFS FROM AROUND THE CITY CREATE CULINARY EXPERIENCES LIKE NO OTHER.ADDITIONALLY, THE ORGANIZATION IS EAGER TO MAKE NEW ORLEANS A BETTER PLACE TO LIVE. OVER THE PAST 32 YEARS, NOWFE HAS RAISED MORE THAN $1.5 MILLION FOR LOCAL NON-PROFIT ORGANIZATIONS. FROM FOOD BANKS TO CULINARY SCHOOLS, NOWFES BENEFICIARIES HAVE BEEN ABLE TO HELP THE NEW ORLEANS COMMUNITY AND CULTURE THRIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aimee Brown Executive Director | Officer | 40 | $65,648 |
Christopher Jordan Board Member | Trustee | 2 | $0 |
Michael Kennedy Board Member | Trustee | 2 | $0 |
Ryan Hacker Board Member | Trustee | 2 | $0 |
John Cruse Board Member | Trustee | 2 | $0 |
William Cooling Board Member | Trustee | 2 | $0 |
Financial Statements
| 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 | $74,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,500 |
| Total Program Service Revenue | $339,408 |
| Investment income | $0 |
| 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 | $413,908 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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. | $69,494 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,833 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $362 |
| Payroll taxes | $5,705 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,252 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $98,562 |
| Advertising and promotion | $88,253 |
| Office expenses | $2,702 |
| Information technology | $360 |
| Royalties | $0 |
| Occupancy | $78,203 |
| Travel | $15,921 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,735 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,768 |
| Insurance | $5,981 |
| All other expenses | $8,193 |
| Total functional expenses | $542,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,082 |
| Savings and temporary cash investments | $1,002 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,084 |
| Accounts payable and accrued expenses | $0 |
| 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 | $500,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $500,000 |
| Net assets without donor restrictions | $0 |
| 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 | -$496,916 |
| Total liabilities and net assets/fund balances | $3,084 |
Grants Awarded
Over the last fiscal year, New Orleans Wine And Food Experience Inc has awarded $10,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CAFE RECONCILE PURPOSE: TO SUPPORT ORGANIZATION | $5,000 |
NEW ORLEANS CULINARY & HOSPITALITY PURPOSE: TO SUPPORT ORGANIZATION | $5,000 |