Texas Food & Wine Alliance
- Assets
- $48.9k
- Revenue
- $388.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Austin, TX
- Founding
- 01/2013
- Data as of
- 12/2023
- EIN
- 74-2455336
Organization Overview
Texas Food & Wine Alliance is located in Austin, TX. The organization was established in 2013. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Texas Food & Wine Alliance employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Food & Wine Alliance 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, Texas Food & Wine Alliance generated $388.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $604.1k during the year ending 12/2023. While expenses have increased by 8.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TEXAS FOOD & WINE ALLIANCE IS DEDICATED TO FOSTERING AWARENESS AND INNOVATION IN THE TEXAS CULINARY COMMUNITY THROUGH GRANTS, EDUCATIONAL PROGRAMING, AND EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEXAS FOOD & WINE ALLIANCE'S SIGNATURE EVENTS BRING TOGETHER THE ABSOLUTE BEST CULINARY TALENT AND TASTES IN CENTRAL TEXAS. EVENTS INCLUDE WINE & SWINE, WINE & DINE, LIVE FIRE;VIVA MEXICO, AND MANY OTHER CULINARY EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika White Exec Director | Officer | 40 | $74,940 |
Jessica Sanders President | OfficerTrustee | 2 | $0 |
Kristina Zhao Vice President | OfficerTrustee | 2 | $0 |
Shaady Ghadessy Past President | OfficerTrustee | 2 | $0 |
Aaron Bludorn Director | Trustee | 1 | $0 |
Nilton Borges Director | Trustee | 1 | $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 | $207,145 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,145 |
| Total Program Service Revenue | $105,427 |
| Investment income | $640 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $75,000 |
| 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 | $388,212 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $107,500 |
| 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. | $74,940 |
| Compensation of current officers, directors, key employees. | $18,735 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,382 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,552 |
| Payroll taxes | $10,527 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,997 |
| Advertising and promotion | $19,605 |
| Office expenses | $4,969 |
| Information technology | $6,409 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,165 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,496 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,165 |
| All other expenses | $4,717 |
| Total functional expenses | $604,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $368 |
| Savings and temporary cash investments | $28,103 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,411 |
| 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 | $48,882 |
| Accounts payable and accrued expenses | $28,229 |
| 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 | $18,591 |
| Total liabilities | $46,820 |
| Net assets without donor restrictions | $2,062 |
| 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 | $48,882 |
Grants Awarded
Over the last fiscal year, Texas Food & Wine Alliance has awarded $43,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CAFE MOMENTUM PURPOSE: Support | $8,500 |
COYOTE CREEK ORGANIC FEED PURPOSE: Support | $6,250 |
ROYAL CALIBER RANCH PURPOSE: Support | $6,250 |
TALKING TREE FARM PURPOSE: Support | $6,250 |
WICKED BOLD INC PURPOSE: Support | $6,250 |
TROSSI FARMS PURPOSE: Support | $10,000 |