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MEMPHIS FOOD & WINE FESTIVAL

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Public IRS 990 nonprofit record

MEMPHIS FOOD & WINE FESTIVAL

EIN 47-5456623 · Arts & Culture (A20)

What they do

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 ORGANIZATIONS 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.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $184.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

233.07%of revenue went to mission work184.9% of expenses · Program services
$7.81in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,379
Mission workProgram services$17,198233.07% of revenue184.9% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$9,299126.02% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 184.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 126.02% of revenue
2023Expense mix: 64.4% mission · 5.5% management · 30.1% fundraisingTotal expenses: 294.07% of revenue
2022Expense mix: 46.6% mission · 53.4% management · 0.0% fundraisingTotal expenses: 98.11% of revenue
2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 1,690.75% of revenue
2020Expense mix: 86.3% mission · 13.7% management · 0.0% fundraisingTotal expenses: 186.62% of revenue
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 47.08% of revenue
2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 69.35% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 56.36% of revenue

Money in and money out

Expenses$11,402

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$17,198 · 150.8% of expenses
This source amount exceeds total expenses; compare the filing details carefully.
See all reported dollar amounts
Revenue-$3,455
Expenses$11,402
Assets$89,016
Income$6,558
Mission work (program services)$17,198
Grants given$225,000
Average grant$45,000
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (5)

ALBERT LAROCCACHAIRMAN/TREASURER/DIRECTO

DAVID BENSONPRESIDENT

JOSE GUTIERREZDIRECTOR

ROBERT CHIMENTISECRETARY/DIRECTOR

WALLY JOEDIRECTOR

About this charity

Recognized since
January 2016
Location
ATTN DAVID BENSON, MEMPHIS, TN 38120-0000
County
Shelby
In care of
% AL LAROCCA
Primary officer
DAVID BENSON, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990EZ
Tax preparer
HENDERSON HUTCHERSON & MCCULLOUGH PLLC
NTEE classification
Arts & Culture (A20)
IRS tax category
Arts & Culture
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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