Nonprofit · EIN 84-1701381
TALES OF THE COCKTAIL FOUNDATION INC
Tax-exempt · METAIRIE, LA 70002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,851,123 | $4,683,868 | -$832,745 | $531,495 | $2,854,595 | -$2,323,100 |
| December 31, 2023 | 990 | $5,276,976 | $5,946,140 | -$669,164 | $1,439,946 | $2,930,301 | -$1,490,355 |
| December 31, 2022 | 990 (amended) | $4,556,732 | $4,679,431 | -$122,699 | $1,572,536 | $2,393,727 | -$821,191 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $250,000
- Program service revenue
- $3,492,500
- Investment income
- $8,619
- Net income from gaming
- $73,146
- Other revenue
- $100,004
Expenses
- Grants and similar amounts paid
- $225,613
- Compensation of officers, directors and key employees
- $1,353,849
- Salaries, compensation and benefits (total)
- $1,353,849
- Professional fundraising fees
- $0
- Accounting fees
- $83,283
- Occupancy
- $7,851
- Travel
- $284,961
- Depreciation
- $711
- Program services (functional)
- $4,395,813
- Management and general (functional)
- $236,166
- Fundraising (functional)
- $51,889
Balance sheet and other
- Total assets, start of year
- $1,439,946
- Total assets, end of year
- $531,495
- Total liabilities, end of year
- $2,854,595
- Net assets, end of year
- -$2,323,100
- Net assets without donor restrictions
- -$2,408,938
- Net assets with donor restrictions
- $85,838
- Gross unrelated business income
- $243,415
- Gross receipts
- $3,851,123
- Employees
- 27
- Volunteers
- 50
- Year formed
- 2006
- State of legal domicile
- LA
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY N SOLOMON SR | Treasurer Trustee or director, Officer | 5 | $0 |
| GARY N SOLOMON JR | CO-CHAIR Trustee or director, Officer | 10 | $0 |
| NEAL BODENHEIMER | CO-CHAIR Trustee or director, Officer | 10 | $0 |
| TESS POSTHUMUS | Director Trustee or director | 2 | $0 |
| PERRY SHOLES | Director Trustee or director | 2 | $0 |
| JOHN GAKURU | Director Trustee or director | 2 | $0 |
| CLAIRE WARNER | Director Trustee or director | 2 | $0 |
| EILEEN WAYNER | CHIEF EXECUTIVE OFFICER | 40 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EILEEN WAYNER | CHIEF EXECUTIVE OFFICER | 40 | $149,300 | $5,082 |
| GARY N SOLOMON SR | Director Trustee or director, Officer | 5 | $0 | $0 |
| GARY N SOLOMON JR | Director Trustee or director, Officer | 10 | $0 | $0 |
| NEAL BODENHEIMER | Director Trustee or director, Officer | 10 | $0 | $0 |
| TESS POSTHUMUS | Director Trustee or director | 2 | $0 | $0 |
| PERRY SHOLES | Director Trustee or director | 2 | $0 | $0 |
| JOHN GAKURU | Director Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2022: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EILEEN WAYNER | CHIEF EXECUTIVE OFFICER | 40 | $142,600 | $4,393 |
| GARY N SOLOMON SR | Director Trustee or director, Officer | 5 | $0 | $0 |
| GARY N SOLOMON JR | Director Trustee or director, Officer | 10 | $0 | $0 |
| NEAL BODENHEIMER | Director Trustee or director, Officer | 10 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3500 N CAUSEWAY BLVD STE 1145, METAIRIE, LA 70002-3546
- Principal officer (990 for 2024)
- GARY N SOLOMON JR, 3500 N CAUSEWAY BLVD STE 1145, METAIRIE, LA 70002
- Signed the 990
- GARY N SOLOMON JR, Director
- Phone
- (504) 948-0511
- Website
- talesofthecocktail.org
- Return prepared by
- TAYLOR AND WILLIS CPAS AND ADVISORS LLC
Mission
TALES OF THE COCKTAIL FOUNDATION IS A NON-PROFIT ORGANIZATION THAT EDUCATES, ADVANCES, AND SUPPORTS THE GLOBAL HOSPITALITY INDUSTRY AND CREATES LASTING IMPACT IN HOST COMMUNITIES.
Program accomplishments
- Tales of the Cocktail: Tales of the Cocktail is equal parts cocktail conference and family reunion, featuring a schedule of educational seminars, tastings, competitions, and networking events representing the latest the global drinks industry has to offer. Supported by the Education Committee and Cocktail Apprentice Program (recruiting and training and executing thousands of drinks for the conference), this annual event provides education, training and resources (including mental health and wellness activations through Beyond the Bar) to the drinks community.Singapore X Tales: In July 2022, Tales of the Cocktail Foundation announced a partnership with the Singapore Tourism Board to highlight the culture and talent within the island nation. Featuring two activations at Tales of the Cocktail in 2022, Singapore bars and talent were integrated across multiple Foundation programs in 2023 including the announcement of the Spirited Awards nomination period and Regional Honorees, a digital marketing campaign, and a residency at Tales of the Cocktail 2023.Education: Guided by the Education Committee, the Foundation provides world class education through seminars. Moderators and panelists are convened at Tales of the Cocktail to present ideas, trends, best practices to the global drinks industry.Grants: Through the Foundations grant-making program, the Foundation supports emerging and existing programs and organizations that demonstrate a vision, determination, and ability to make meaningful change in the global drinks industry across a spectrum of diverse topics. Grants are evaluated and selected by the Philanthropy and Development Committee.Policy: The Foundation continued its work researching and advocating for better support of U.S. based hospitality workers within the drinks industry, with supporting funds from the Conrad N. Hilton Foundation.Partnership Programs: The Foundation partners with brands to provide brand awareness, support campaigns and/or competitions that are aligned with the Foundations mission and offer opportunities to the global drinks industry.Cocktail Apprentice Program: The Cocktail Apprentice Program is an exclusive mentorship program for up-and-coming bartenders to learn alongside some of the biggest names in the business during five days of Tales of the Cocktail. Since 2008, nearly 500 apprentices have gained extensive experience working and managing large-scale, high-volume events while providing an invaluable service to Tales of the Cocktail Foundation and the industry as a whole. The Foundation continues to support the growing fraternity of past apprentices by offering exclusive opportunities for scholarships and financial aid to further support their growth within the industry.Expenses $4,395,813 · grants $250,000 · revenue $2,406,800
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-1701381
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A990)
- Assets (IRS master file)
- $531,495
- Income (IRS master file)
- $3,851,123
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,851,123 | $4,683,868 | $531,495 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $5,276,976 | $5,946,140 | $1,439,946 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $4,556,732 | $4,679,431 | $1,572,536 | XML |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 84-1701381).
Questions about TALES OF THE COCKTAIL FOUNDATION INC
- What is the EIN of TALES OF THE COCKTAIL FOUNDATION INC?
- The employer identification number (EIN) of TALES OF THE COCKTAIL FOUNDATION INC is 84-1701381.
- Is TALES OF THE COCKTAIL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to TALES OF THE COCKTAIL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TALES OF THE COCKTAIL FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TALES OF THE COCKTAIL FOUNDATION INC 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 TALES OF THE COCKTAIL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TALES OF THE COCKTAIL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names GARY N SOLOMON JR.
- Who are the officers and directors of TALES OF THE COCKTAIL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does TALES OF THE COCKTAIL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,851,123, expenses of $4,683,868 and total assets of $531,495 at year end.
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