Central Coast Wine Classic is located in Avila Beach, CA. The organization was established in 2004. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Coast Wine Classic 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 12/2018, Central Coast Wine Classic generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (61.7%) each year. All expenses for the organization totaled $54.3k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3
PUBLIC EDUCATION ABOUT CULTURE AND THE HEALING ARTS THROUGH ACTIVITIES THAT FURTHER INTEREST IN FINE WINE AND THE CULINARY ARTS. THROUGH ADMISSION FEES AND/OR AUCTIONING OF DONATED WINE AND LIFESTYLE OFFERINGS, NET PROCEEDS ARE MADE AVAILABLE AS GRANTS TO BENEFIT SAN LUIS OBISPO AND SANTA BARBARA COUNTY 501(C)3 ORGANIZATIONS WHOSE MISSIONS SUPPORT STUDIO, HEALING AND PERFORMING ARTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Shopoff Director | 0 | $0 | |
Jim Hathaway Director | 0 | $0 | |
Lisa Adams Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,450 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $264 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $1,714 |
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 | $895 |
Occupancy, rent, utilities, and maintenance | $1,137 |
Printing, publications, postage, and shipping | $1,452 |
Other expenses | $50,850 |
Total expenses | $54,334 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $83,279 |
Other assets | $0 |
Total assets | $83,279 |
Total liabilities | $0 |
Net assets or fund balances | $83,279 |
Over the last fiscal year, Central Coast Wine Classic has awarded $188,782 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
COMMUNITY FOUNDATION OF SLO PURPOSE: Healing Arts | $138,782 |
FRIENDS OF HEARST CASTLE FOUN PURPOSE: Performing Arts | $25,000 |
SANTA BARBARA CTR PERF ARTS PURPOSE: Performing Arts | $25,000 |