Bourbon Women Association is located in Louisville, KY. The organization was established in 2012. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Bourbon Women Association 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 12/2022, Bourbon Women Association generated $540.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $478.3k during the year ending 12/2022. While expenses have increased by 21.2% 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 BE AN INDEPENDENT RESOURCE AND INSPIRATIONAL FORUM FOR BRINGING WOMEN OF ALL (SEE SCHEDULE O) AGE GROUPS TOGETHER COLLECTIVELY TO SHARE OUR BOURBON AFFINITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE HISTORY AND HERITAGE OF BOURBON THROUGH EDUCATION, WHILE PARTNERING WITH THE BOURBON INDUSTRY TO ENRICH THE ECONOMIC IMPACT AND TO ACT AS A CATALYST IN ENGAGING THE FEMALE MARKET.
TO HOLD EVENTS THROUGHOUT THE YEAR TO ALLOW MEMBERS AND NON-MEMBERS AN OPPORTUNITY TO MINGLE, NETWORK AND LEARN ABOUT BOURBON AND OTHER SPIRITS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steffani Scheurich Vice Chair | OfficerTrustee | 1 | $0 |
Sarah Beth Hackman Compliance Officer | OfficerTrustee | 1 | $0 |
Trina Summers Director | Trustee | 1 | $0 |
Cynthia Torp Director | Trustee | 1 | $0 |
Monica Wolf Treasurer | OfficerTrustee | 1 | $0 |
Kerri Richardson Director | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $89,795 |
| Fundraising events | $21,129 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $184,732 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295,656 |
| Total Program Service Revenue | $244,863 |
| Investment income | $66 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$23 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $540,569 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $400 |
| 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. | $49,000 |
| 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 | $57,837 |
| Fees for services: Legal | $1,010 |
| Fees for services: Accounting | $10,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,000 |
| Advertising and promotion | $21,703 |
| Office expenses | $2,373 |
| Information technology | $7,327 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $372 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,555 |
| All other expenses | $495 |
| Total functional expenses | $478,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,895 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,054 |
| 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 | $3,012 |
| Total assets | $97,961 |
| Accounts payable and accrued expenses | $6,082 |
| Grants payable | $0 |
| Deferred revenue | $12,991 |
| 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 | $19,073 |
| 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 | $78,888 |
| Total liabilities and net assets/fund balances | $97,961 |