The purpose of the guild of sommeliers education foundation ("the guild") is to provide scholarships to encourage improved standards of beverage knowledge and service in hotels and restaurants. The guild will fund the educational endeavors of those individuals in the service of wine, spirits and other alcoholic beverages who are seeking to reach the highest level of proficiency and knowledge in the profession by pursuing the educational coursework necessary to attain the status of master sommelier.

501(c)(3) charity; gifts are tax-deductible.
56¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $122K a year · 42% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $134K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$396K
+1% vs prior year
Spent
$523K
To programs
56%
Net assets
$219K
By yearFY2020–FY2024
Revenue
$396K
FY2023▲ +1%
Tap a bar for its year
Revenue by fiscal year
FY2020$166K
FY2021$114K
FY2022$390K
FY2023$396K
FY2024$402K
Expenses
$523K
FY2023▲ +28%
Tap a bar for its year
Expenses by fiscal year
FY2020$405K
FY2021$301K
FY2022$410K
FY2023$523K
FY2024$440K
Net assets
$219K
FY2023▼ -37%
Tap a bar for its year
Net assets by fiscal year
FY2020$553K
FY2021$366K
FY2022$346K
FY2023$219K
FY2024$181K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $293K Management & general 42% · $222K Fundraising 2% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Sommfoundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds scholarships for beverage professionals to achieve master sommelier status.

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Provided by the organization

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3 programs · $293K · in their own filed words · FY2023
01

Events

The sommfoundation hosts various fundraising events throughout the year. The purpose of these events are to encourage improved standards of beverage KNOWLEDGE.BELOW is the list of fundraiser events: rudd foundation patron foundation sommgeo gulbronsen aspen art crush boulder burgundy festival

$174Kprogram expense
02

Scholarship Grants

The purpose of the sommfoundation is to provide scholarships to encourage improved standards of beverage knowledge and service in hotels and restaurants. The sommfoundation will fund the educational endeavors of those individuals in the service of wine, spirits, and other alcoholic beverages who are seeking to reach the highest level of…

$107Kprogram expense
03

University Course Expense

In keeping with the purpose to improve the standards of beverage knowledge the sommfoundation conducts courses for graduating seniors at four-year universities. These courses are underwritten by the sommfoundation. Instructors consist of sommeliers who volunteer their time.

$12Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 5 grants · $500K · 2020–2024
Unitemized GrantFY2024$28,436
Unitemized GrantFY2023$107,345
Unitemized GrantFY2022$98,469
Unitemized GrantFY2021$94,999
Unitemized GrantFY2020$170,419

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$396K
Ln 12
Gifts and grantsLn 1h$244K
Fees for servicesLn 2g$185K
Money outPt IX
$523K
Ln 25
Programscol B$293K
Managementcol C$222K
Fundraisingcol D$8K
Owns and owesPt X
$219K
net assets · Ln 32
Cash and savingsLn 1–2$37K
Total assetsLn 16$225K
LiabilitiesLn 26$6K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$244K
Noncash giftsLn 1g$103K
Fees for servicesLn 2g$185K
Gains on assetsLn 7$0
Total revenueLn 12$396K
Assets in detailPt X, end of year
CashLn 1$37K
SavingsLn 2$0
Cash and savings togetherLn 1–2$37K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$225K
LiabilitiesLn 26$6K
Net assetsLn 32$219K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$236K$37K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$350K$225K
LiabilitiesLn 26$4K$6K
Net assetsLn 32$346K$219K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$107K$107K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$162K$162K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$13K$13K
Accounting feesLn 11c$12K$12K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$20K$20K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$202K$185K$8K$8K
All other expensesLn 24e$2K$19$2K
Total functional expensesLn 25$523K$293K$222K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $402K$440K−$38K$181K 990 PDF
FY2023 Viewing $396K$523K−$127K$219K 990 PDF
FY2022 $390K$410K−$20K$346K 990 PDF
FY2021 $114K$301K−$187K$366K 990 PDF
FY2020 $166K$405K−$239K$553K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $395,778 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $198,998$244,075
I-9 Program service revenuePrior year $293,362$184,881
I-10 Investment income$0
I-11 Other revenuePrior year −$101,968−$33,178
I-12 Total revenuePrior year $390,392$395,778
I-13 Grants and similar amounts paidPrior year $98,469$107,345
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $55,955$162,311
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $255,472$253,502
I-18 Total expensesPrior year $409,896$523,158
I-19 Revenue less expensesPrior year −$19,504−$127,380
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $395,778 across 10 lines filed
Lines not itemized here account for −$3,777 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$244,075
VIII-1g Noncash contributions (included above)$103,263
VIII-1h Total contributions, gifts and grants$244,075
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $155,480$155,480
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueExcluded from tax $151,703$395,778
Part IX · Statement of functional expenses $523,158 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $107,345$107,345
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $162,311$162,311
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesManagement $12,926$12,926
IX-11c Accounting feesManagement $11,699$11,699
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $19,877$19,877
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $5,538$5,538
IX-24 Other expenses (24a–d)Programs $185,277 · Management $7,865 · Fundraising $8,462$201,604
IX-24e All other expensesPrograms $19 · Management $1,839$1,858
IX-25 Total functional expensesPrograms $292,641 · Management $222,055 · Fundraising $8,462$523,158
Part X · Balance sheet $224,850 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $236,310$36,782
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $35,750$12,799
X-8 Inventories for sale or useStart of year $78,391$175,269
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $350,451$224,850
X-18 Grants payable$3,850
X-25 Other liabilitiesStart of year $4,271$2,200
X-26 Total liabilitiesStart of year $4,271$6,050
X-27 Net assets without donor restrictionsStart of year $346,180$218,800
X-32 Total net assets or fund balancesStart of year $346,180$218,800
X-33 Total liabilities and net assetsStart of year $350,451$224,850
Part XI · Reconciliation of net assets $218,800 net assets at year end
XI-1 Total revenue$395,778
XI-2 Total expenses$523,158
XI-3 Revenue less expenses−$127,380
XI-4 Net assets at start of year$346,180
XI-10 Net assets at end of year$218,800

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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