Form 990 for tax year 2023
Filed by INTERNATIONAL SOCIETY OF BEVERAGE TECHNOLOGISTS.
Totals
- Total revenue
- $674,281
- Total expenses
- $674,328
- Contributions and grants received
- $87,685
- Grants paid
- $8,500
- Program service revenue
- $503,073
- Investment income
- $78,387
- Other revenue
- $5,136
- Total assets, end of year
- $1,121,640
- Total liabilities, end of year
- $207,265
- Net assets or fund balances, end of year
- $914,375
- Program services expenses (Part IX)
- $384,415
- Management and general expenses
- $289,913
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $384,415
Program services were 57.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$87,685
-
2a · Program service revenue: REGISTRATION AND FEES
total $503,073 · related or exempt $503,073
-
3 · Investment income
total $78,387 · excluded $78,387
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$4,062
-
10c · Net income from sales of inventory
total $4,062 · related or exempt $4,062
-
11a · Other revenue: miscellaneous income
total $1,074 · related or exempt $1,074
-
11e · Other revenue, total
$1,074
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $8,500 · program services $8,500
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $163,130 · management and general $163,130
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $126,000 · program services $63,000 · management and general $63,000
-
11b · Fees: legal
total $9,426 · management and general $9,426
-
11c · Fees: accounting
total $1,600 · management and general $1,600
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $22,796 · management and general $22,796
-
12 · Advertising and promotion
total $2,032 · program services $2,032
-
13 · Office expenses
total $1,741 · management and general $1,741
-
14 · Information technology
total $37,305 · program services $37,305
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $7,924 · management and general $7,924
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $270,929 · program services $270,929
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $781 · management and general $781
-
24a · Other expenses: CREDIT CARD AND BANK FEES
total $13,688 · management and general $13,688
-
24b · Other expenses: MISCELLANEOUS
total $5,827 · management and general $5,827
-
24c · Other expenses: Postage and Shipping
total $2,218 · program services $2,218
-
24d · Other expenses: Printing and Publications
total $431 · program services $431
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $204,693 · end of year $159,161
-
2 · Savings and temporary cash investments
beginning of year $757,852 · end of year $871,664
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $49,649
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $41,166
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $22,508 · end of year $2,132
-
19 · Deferred revenue
beginning of year $25,615 · end of year $205,133
-
27 · Net assets without donor restrictions
beginning of year $914,422 · end of year $890,650
-
28 · Net assets with donor restrictions
end of year $23,725
Mission and programs · 2023
Mission
To provide a networking forum for technical collaboration focused on expanding expertise and advancing beverage science.
-
Annual meeting Beverage Institute by ISBT- is a series of online lectures designed to provide an important and easily available resource for our global community of beverage professionals.The BevTech proceedings are available to all ISBT members. Immerse yourself in the variety of presentations that have come out of BevTech.ISBT Threadspecs Over the last several years an ISBT member driven initiative involved the development of voluntary, beverage focused, finish guidelines.Resource Guide:Build your company's brand / visibility within the beverage industry. The purpose of the Beverage Industry Resource Guide is to encourage members doing business with other members.Manuals & Guidelines:One of the greatest benefits of membership in ISBT is access to guidelines, procedures, manuals, and other publications.Newsletters:ISBT's newsletters are published a few times each year and typically include a Letter from the President, information on association and industry events, job postings, etc.
Expenses $384,415 · Grants $8,500 · Revenue $594,820
As filed on the 2023 return.
Listed in Part VII
-
Michon Mitchell From June 2023MICHON MITCHELL FROM JUNE 2023
Executive Dir.
- Total calculated
- $110,075
- From this org
- $110,075
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Brian Stegmann Thru June 2023BRIAN STEGMANN THRU JUNE 2023
Executive Dir.
- Total calculated
- $53,055
- From this org
- $53,055
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Neil MarshallNEIL MARSHALL
Director
- Total calculated
- $0
- Hours/week
- 2
-
Sal CalandraSAL CALANDRA
VP-OPERATIONS
- Total calculated
- $0
- Hours/week
- 2
-
Emilia RicoEMILIA RICO
Director
- Total calculated
- $0
- Hours/week
- 2
-
Gaby Mejia MecalcoGABY MEJIA MECALCO
Director
- Total calculated
- $0
- Hours/week
- 2
-
Tricia O'ConnellTRICIA O'CONNELL
Director
- Total calculated
- $0
- Hours/week
- 2
-
Andrea BelfordANDREA BELFORD
VP-TECH CONTENT
- Total calculated
- $0
- Hours/week
- 2
-
Sanjay SrivatsaSANJAY SRIVATSA
Director
- Total calculated
- $0
- Hours/week
- 2
-
Matt LeckyMATT LECKY
VP-BEVTECH
- Total calculated
- $0
- Hours/week
- 2
-
Maria Piedad LopezMARIA PIEDAD LOPEZ
President
- Total calculated
- $0
- Hours/week
- 2
-
Andy ReimANDY REIM
Director
- Total calculated
- $0
- Hours/week
- 2
-
Bob YeomanBOB YEOMAN
Director
- Total calculated
- $0
- Hours/week
- 2
-
Philip ThonhauserPHILIP THONHAUSER
Director
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 26 June 2024
- IRS schema version
- 2023v5.1
- Source object
- 202421789349301417
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