Wine And Spirit Education Trust America Inc is located in West Hartford, CT. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wine And Spirit Education Trust America Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
WINE & SPIRIT EDUCATION TRUST AMERICA, INC. PROVIDES THE BEST-IN-CLASS EDUCATION AND QUALIFICATIONS TO INSPIRE AND EMPOWER THE WORLD'S WINE AND SPIRIT PROFESSIONALS AND ENTHUSIASTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Rudman President And Vice President | 40 | $241,861 | |
Anne Byrne Treasurer And Secretary | 40 | $87,717 | |
Simon Mcmurtrie Chairman | 1 | $0 | |
Daniel Alexander Jago Director | 1 | $0 | |
Michelle Brampton Director | 1 | $0 | |
Robert Mccaughey Sr. Business Develop | 40 | $98,474 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $2,024,829 |
| Other Income | $328,550 |
| Total Revenue | $2,353,379 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $361,839 |
| Other employee salaries and wages | $1,395,704 |
| Pension plans, employee benefits | $356,966 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $20,444 |
| Travel, conferences, and meetings | $165,100 |
| Printing and publications | $0 |
| Other expenses | $299,167 |
| Total operating and administrative expenses | $2,638,617 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,638,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $511,125 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $467,665 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,648 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,477 |
| Total assets | $986,915 |
| Accounts payable and accrued expenses | $66,972 |
| Grants payable | $0 |
| Deferred revenue | $137,535 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $915,006 |
| Total liabilities | $1,119,513 |