Culinaria EIN 74-2969023 Form 990 (PDF) Claim this org

Culinaria FY2023 filing

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Educates consumers about quality wines, cultures, and culinary arts through an annual festival. For fiscal year 2023 it reported $826K in revenue, $802K in expenses, and $586K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
San Antonio, TX
Website
www.culinariasa.org
Filings
5 on file (2020–2023)
Revenue
$826KFY2023
Expenses
$802K
Net assets
$586K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  74-2969023 Public charity (501(c)(3)) San Antonio, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates consumers about quality wines, cultures, and culinary arts through an annual festival.
Leadership
Money in and out
$826K revenue, $802K expenses
Bottom line
97% program efficiency
Where the money goes · FY2023
Total revenue
$826K
Pt VIII · Ln 12
Total expenses
$802K
Pt IX · Ln 25
Net assets
$586K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $24K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
5.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$826K
FY2023▲ +15%
Expenses
$802K
FY2023▲ +87%
Total assets
$587K
FY2023▲ +4%
Total liabilities
$641
FY2023▲ +227%
Total revenue
$826K
Pt VIII · Ln 12
Total expenses
$802K
Pt IX · Ln 25
Net assets
$586K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$24K
Total assetsPt X · Ln 16$587K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $775K of program spending, described in the organization's own filed words · FY2023.
01

The annual festival is conducted to educate consumers about quality wines, various cultures, and the culinary arts.

$520Kprogram expense
02

The annual festival provides for cash contributions to charitable organizations.

$256Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCulinaria
EINHdr · item D74-2969023
Principal addressHdr · item CSan Antonio, TX
WebsiteHdr · item Jwww.culinariasa.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N520)
Ruling yearIRS BMFApr 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$75,350Pt VII · Sec A
Exec Board
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Exec Board/Secretary
$0Pt VII · Sec A
Exec Board/Chair
$0Pt VII · Sec A

Suzanne Taranto-Etheredge’s $75K as CEO is at the 82nd percentile of top reported officer pay among 1018 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Suzanne Taranto-Etheredge$75,350$75,350$82,200$82,200$68,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$599K · 72%
Contributions & grants$227K · 28%
Program service revenue72%$599K
Contributions & grants28%$227K
Investment income$291
Total revenueLn 12$826K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$775K
Management & general3%$27K
Total functional expensesLn 25$802K

Balance Sheet

Part X · end of year
CashLn 1$336K
Total assetsLn 16$587K
Total liabilitiesLn 26$641
Total net assetsLn 32$586K
Months of cash on handcomputed5.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $336K · Operating expenses/yr $802K
5.0 months
Where the money goes
Program services
Program services $775K · Total expenses $802K
97%
Management & General
Management & general $27K · Total expenses $802K
3%
Fundraising
Fundraising $0 · Total expenses $802K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $235K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $227K · Total revenue $826K
28%
Government reliance
Government grants — · Total revenue $826K
Earned-income share
Program service revenue $599K · Total revenue $826K
72%
Investment reliance
Investment income $291 · Total revenue $826K
+0.04%
Program self-sufficiency
Program service revenue $599K · Total expenses $802K
75%
Growth & trend
Revenue growth (YoY)
This year $826K · Prior year $718K
+15%
Net-asset trend (YoY)
End of year $586K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $826K · Expenses $802K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $587K
Net-asset ratio
Net assets $586K · Total assets $587K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $587K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Suzanne Taranto-Etheredge · Reported title CEO · Highest reported compensation $75K · Total expenses $802K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $163K · Total expenses $802K
20%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 15%
Legal fee ratio 0.8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$194
Grants paid · 3 grants · $407K · 2023–2024
The James Beard Foundation INCNY · FY2024$150,000
Brackenridge High SchoolFY2024$7,000
The James Beard Foundation INCNY · FY2023$250,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$356K revenue · ⤓ 990 PDF
FY2023$826K revenue · viewing · ⤓ 990 PDF
FY2022$718K revenue · ⤓ 990 PDF
FY2021$234K revenue · ⤓ 990 PDF
FY2020$363K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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