Nonprofit · EIN 47-5456623
MEMPHIS FOOD & WINE FESTIVAL
Tax-exempt · MEMPHIS, TN 38120
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | -$3,455 | $11,402 | -$14,857 | $89,016 | $31,225 | $57,791 |
| December 31, 2023 | 990-EZ | $7,379 | $9,299 | -$1,920 | $109,248 | $36,600 | $72,648 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Investment income
- $2,358
- Net income from fundraising events
- -$5,813
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $9,240
- Other expenses
- $2,162
Balance sheet and other
- Total assets, start of year
- $109,248
- Total assets, end of year
- $89,016
- Total liabilities, end of year
- $31,225
- Net assets, end of year
- $57,791
- Cash, savings and investments
- $89,016
- Gross receipts
- $6,558
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSE GUTIERREZ | DIRECTOR | 5 | $0 |
| WALLY JOE | DIRECTOR | 1 | $0 |
| ALBERT LAROCCA | CHAIRMAN/TREASURER/DIRECTO | 5 | $0 |
| DAVID BENSON | PRESIDENT | 10 | $0 |
| ROBERT CHIMENTI | SECRETARY/DIRECTOR | 5 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSE GUTIERREZ | DIRECTOR | 5 | $0 |
| WALLY JOE | DIRECTOR | 1 | $0 |
| ALBERT LAROCCA | CHAIRMAN/TREASURER/DIRECTO | 5 | $0 |
| DAVID BENSON | PRESIDENT | 10 | $0 |
| ROBERT CHIMENTI | SECRETARY/DIRECTOR | 5 | $0 |
Address and contacts
- Address (IRS master file)
- ATTN DAVID BENSON, MEMPHIS, TN 38120-0000
- In care of
- % AL LAROCCA
- Signed the 990-EZ
- DAVID BENSON, PRESIDENT
- Phone
- (901) 482-6085
- Return prepared by
- HENDERSON HUTCHERSON & MCCULLOUGH PLLC
Mission
THE MEMPHIS FOOD AND WINE FESTIVAL ("THE FESTIVAL") WAS CREATED IN 2015 TO SHOWCASE CULINARY EXCELLENCE OF LOCAL, ACCLAIMED REGIONAL, NATIONAL AND INTERNATIONAL CHEFS, VINTNERS, AND CERTIFIED SOMMELIERS IN ORDER TO BENEFIT THE MEMPHIS COMMUNITY. THE PROCEEDS FROM EACH FESTIVAL WILL BE USED TO BENEFIT A LOCAL CHARITY.
Program accomplishments
- THE FESTIVAL IS USED AS A TOOL TO RAISE FUNDS FOR A CHARITY LOCATED IN THE MEMPHIS/SHELBY COUNTY, TENNESSEE COMMUNITY THAT IS SELECTED BY THE BOARD OF DIRECTORS EACH YEAR WHICH REPRESENTS THE ORGANIZATION'S ONLY PROGRAM.FROM TIME TO TIME THE FORMAL FESTIVAL IS NOT HELD FOR VARIOUS REASONS SUCH AS AVAILABILITY OF LOCAL, REGIONAL AND WORLD RENOWNED CHEFS, SECURING AN APPROPRIATE VENUE OR SPECIAL LOGISTICS REQUIRED FOR THE EVENT. IN 2023, A FORMAL EVENT WAS NOT HELD; THEREFORE, THE REVENUE FROM THE EVENT, CONTRIBUTIONS, EXPENSES AND THE LOCAL CHARITY GRANT ARE SIGNIFICANTLY LOWER THAN A YEAR IN WHICH THE EVENT IS HELD.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 47-5456623
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $89,016
- Income (IRS master file)
- $6,558
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | -$3,455 | $11,402 | $89,016 | XML |
| 990-EZ | December 2023 | $7,379 | $9,299 | $109,248 | XML |
| 990 | December 2022 | $70,379 | $206,967 | $128,796 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-5456623).
Questions about MEMPHIS FOOD & WINE FESTIVAL
- What is the EIN of MEMPHIS FOOD & WINE FESTIVAL?
- The employer identification number (EIN) of MEMPHIS FOOD & WINE FESTIVAL is 47-5456623.
- Is MEMPHIS FOOD & WINE FESTIVAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to MEMPHIS FOOD & WINE FESTIVAL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEMPHIS FOOD & WINE FESTIVAL file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MEMPHIS FOOD & WINE FESTIVAL due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MEMPHIS FOOD & WINE FESTIVAL last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of MEMPHIS FOOD & WINE FESTIVAL?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does MEMPHIS FOOD & WINE FESTIVAL have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of -$3,455, expenses of $11,402 and total assets of $89,016 at year end.
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- NATIONAL ORNAMENTAL METAL MUSEUM INC EIN 62-1066198 · last filed 990 for 2025
- MEMPHIS FOURTH ESTATE INC EIN 82-5339555 · last filed 990 for 2025
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All nonprofits in MEMPHIS · Tennessee · Arts, culture and humanities