Wine And Spirits Wholesalers Of Texas
- Assets
- $552.3k
- Revenue
- $664.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 09/2011
- Data as of
- 12/2023
- EIN
- 20-8456852
Organization Overview
Wine And Spirits Wholesalers Of Texas is located in Austin, TX. The organization was established in 2011. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wine And Spirits Wholesalers Of Texas 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 12/2023, Wine And Spirits Wholesalers Of Texas generated $664.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $588.9k during the year ending 12/2023. While expenses have increased by 4.7% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING THE RESPONSIBLE MANUFACTURING, DISTRIBUTION AND SALE OF ALCOHOL IN TEXAS. FIGHTING UNDERAGE CONSUMPTION OF ALCOHOL IN TEXAS BY EDUCATING THE PUBLIC, THE HOSPITALITY INDUSTRY AND ELECTED OFFICIALS ON THE DANGERS OF UNDERAGE DRINKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WINE & SPIRITS WHOLESALERS OF TEXAS CONTINUED TO EDUCATE TEXAS LEGISLATORS, STAFF, MEDIA, PRESS AND THE GENERAL PUBLIC ABOUT THE REALITY AND FACTS OF ALCOHOLIC BEVERAGES IN ORDER TO PROMOTE RESPONSIBILITY AND AWARENESS OF ALCOHOL PRODUCTS IN TEXAS. MOST TEXANS DO NOT REALIZE THAT "ONE GLASS OF WINE (5.5 OZ) - ONE REGULAR BEER (12 OZ) - ONE MIXED DRINK (1.5 OZ LIQUOR) - EACH CONTAINS THE SAME AMOUNT OF ALCOHOL." THE WINE & SPIRITS WHOLESALERS OF TEXAS HAS MADE THIS MESSAGE A CONTINUING EDUCATIONAL EFFORT TO MAKE PEOPLE AWARE OF THE ALCOHOL CONTENT OF WINE, BEER AND LIQUOR.
DUE TO THE COVID PANDEMIC, THE TEXAS RESTAURANT AND BAR INDUSTRIES WERE ECONOMICALLY DEVASTATED IN 2020. TEXAS, LIKE OTHER STATES, HAS ATTEMPTED TO FIND RELIEF TO HELP RESTAURANTS AND BARS FINANCIALLY. ONE RELIEF PROPOSAL WAS TO ALLOW TEXAS RESTAURANTS (NOT BARS) TO SELL "ALCOHOL BEVERAGES-TO-GO" WITH FOOD PURCHASES. DURING THE 2021 TEXAS LEGISLATURE, WINE & SPIRITS WHOLESALE OF TEXAS WORKED WITH THE TEXAS RESTAURANT ASSOCIATION TO LEGALIZE "ALCOHOL BEVERAGES-TO-GO" WITH FOOD PURCHASES. IN ADDITION, THIRD PARTIES WERE ALLOWED AS A DELIVERY SERVICE TO DELIVER "FOOD PURCHASES FROM RESTAURANTS WITH TO-GO ALCOHOL BEVERAGES." DURING 2023, WINE AND SPIRITS WHOLESALERS OF TEXAS ACTIVELY MONITORED THE "ALCOHOL-TO- GO" LEGISLATION WHICH WAS PASSED BY THE TEXAS LEGISLATURE IN 2021. IT IS CRITICAL FOR THE TEXAS ALCOHOL INDUSTRY THAT THIS LAW IS NOT ABUSED OR MISUSED.
THE WINE & SPIRITS WHOLESALERS OF TEXAS CONTINUE TO WORK WITH OUR NATIONAL ASSOCIATION, WINE & SPIRITS WHOLESALERS OF AMERICA, ON EDUCATING THE TEXAS PUBLIC, ELECTED OFFICIALS, CAPITOL STAFF MEMBERS AND INTERNS ABOUT THE DANGERS RELATED TO FAKE OR TAINTED ALCOHOL IN THE TEXAS MARKETPLACE. THE THREE-TIER TEXAS ALCOHOL SYSTEM (MANUFACTURERS, DISTRIBUTORS AND RETAILERS) EACH HAVE AN INDEPENDENT RESPONSIBILITY FOR MAKING SURE THAT DOMESTIC AND IMPORTED ALCOHOL BEVERAGE PRODUCTS ARE FROM KNOWN, RESPECTED, RELIABLE AND SAFE ORIGINS. DEATHS RELATED TO FAKE OR TAINTED ALCOHOL HAVE POSED A SERIOUS THREAT IN OTHER COUNTRIES. THE MEMBERS OF THE WINE & SPIRITS WHOLESALERS OF TEXAS REALIZE THEIR RESPONSIBILITY FOR DISTRIBUTING SAFE ALCOHOL BEVERAGE PRODUCTS TO THE CITIZENS OF TEXAS. THE TEXAS PUBLIC AT LARGE MUST ALSO BE SMART CONSUMERS IN THE PURCHASE OF ALL ALCOHOL BEVERAGE PRODUCTS. WINE & SPIRITS WHOLESALERS OF TEXAS MEMBERS WILL CONTINUE TO BE VIGILANT AND MAKE IT A PRIORITY IN GUARDING AGAINST THE INTRODUCTION OF FAKE OR TAINTED ALCOHOL IN THE STATE OF TEXAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Becker Director | Trustee | $0 | |
Vic Brooks Director | Trustee | $0 | |
Bob Hendrickson Director | Trustee | $0 | |
Jay Johnson Director | Trustee | $0 | |
Ricky Knox President | OfficerTrustee | $0 | |
Matt Metz Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $660,000 |
| 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 | $660,000 |
| Total Program Service Revenue | $0 |
| Investment income | $4,168 |
| 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 | $664,168 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $440,500 |
| Fees for services: Legal | $7,314 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $24,462 |
| Information technology | $375 |
| Royalties | $0 |
| Occupancy | $17,100 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88,137 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $588,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,120 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,000 |
| 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 | $404,168 |
| Total assets | $552,288 |
| Accounts payable and accrued expenses | $58,651 |
| 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 | $58,651 |
| Net assets without donor restrictions | $493,637 |
| 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 | $552,288 |