Worldwide Brewing Alliance Inc
- Assets
- $656.1k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 2
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- EIN
- 83-1910084
Organization Overview
Worldwide Brewing Alliance Inc is located in Washington, DC. 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. As of 12/2022, Worldwide Brewing Alliance Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worldwide Brewing Alliance Inc 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, Worldwide Brewing Alliance Inc generated $1.9m in total revenue. All expenses for the organization totaled $2.0m during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE WORLDWIDE BREWING ALLIANCE, INC. IS DEDICATED TO REPRESENTING AND PROMOTING THE INTERESTS OF BEER BREWERS ACCROSS THE WORLD. THE OBJECTIVE OF THE CORPORATION IS TO SHARE KNOWLEDGE AND BEST PRACTICE AMONGST BREWERS AND OTHER CONCERNED STAKEHOLDERS AND TO ACT AS A GLOBAL, UNITED VOICE ON THE INTEGRITY OF BEER, BEER POLICIES AND THE SOCIAL RESPONSIBILITY OF BREWERS TO A VARITEY OF AUDIENCES, INCLUDING INTERNATIONAL ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL RESPONSIBILITY: CHAMPIONS CORPORATE SOCIAL RESPONSIBILITY, RESPONSIBLE MARKETING PRACTICES AND INNOVATION IN THE BREWING SECTOR.
EDUCATE: ADVANCES THE PLACE FOR MODERATE BEER CONSUMPTION BY ADULTS WITHIN BALANCED LIFESTYLE, EMPHASIZING THE INTRINSIC CHARACTERISTICS OF BEER.
ADVOCATE: ADVOCATES FOR AN EVIDENCE-BASED AND BALANCED APPROACH WHEREVER STRATEGIES TO ADDRESS ALCOHOL MISUSE AND RELATED HARMS ARE DEVELOPED. DEMONSTRATES THE PROACTIVE ACTIONS OF THE BREWING SECTOR AS A PARTNER IN PROMOTING RESPONSIBLE CONSUMPTION AND SUPPORTING THE FIGHT TO ADDRESS MISUSES AND ASSOCIATED HARM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Kissinger CEO | OfficerTrustee | 40 | $382,917 |
James Mcgreevy Chairman | OfficerTrustee | 3 | $0 |
Luke Champman Director | Trustee | 1 | $0 |
John Preston Director | Trustee | 1 | $0 |
Keiko Honbei Director | Trustee | 1 | $0 |
Simon Spillane Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
M Davey Assoc Consulting | 12/30/22 | $328,713 |
Quadrant Strategies Consulting | 12/30/22 | $270,110 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,877,301 |
| Investment income | $181 |
| 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 | $1,877,482 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $382,917 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,083 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,100 |
| Fees for services: Accounting | $37,856 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,730 |
| Office expenses | $207 |
| Information technology | $1,758 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $71,550 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $71,926 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,882 |
| Insurance | $24,183 |
| All other expenses | $1,565 |
| Total functional expenses | $2,022,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $643,593 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $293 |
| 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 | $3,660 |
| Net Land, buildings, and equipment | $8,530 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $656,076 |
| Accounts payable and accrued expenses | $146,936 |
| Grants payable | $0 |
| Deferred revenue | $6,500 |
| 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 | $153,436 |
| Net assets without donor restrictions | $502,640 |
| 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 | $656,076 |