Telluride Wine Festival
- Assets
- $52.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Telluride, CO
- Founding
- 06/1989
- Data as of
- 12/2021
- EIN
- 74-2537191
Organization Overview
Telluride Wine Festival is located in Telluride, CO. The organization was established in 1989. According to its NTEE Classification (N52) the organization is classified as: Fairs, 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. Telluride Wine Festival 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 12/2021, Telluride Wine Festival generated $104.0k 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 (11.5%) each year. All expenses for the organization totaled $51.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO EDUCATE THE PUBLIC AS TO ALL ASPECTS OF FOOD AND WINE AT AN ANNUAL COMMUNITY EVENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurel Robinson President | 20 | $0 | |
Sean Murphy Secretary/treasurer | 2 | $0 | |
Thyra Busch Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $103,600 |
| Membership dues | $350 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,950 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $25,890 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $7,603 |
| Other expenses | $17,541 |
| Total expenses | $51,034 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,524 |
| Other assets | $0 |
| Total assets | $52,740 |
| Total liabilities | $7,500 |
| Net assets or fund balances | $45,240 |