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ALBANY FOOD AND WINE FESTIVAL INC
ALBANY, NY · EIN 271439426 · Form 990 · FY2024 · NTEE T30 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$142K
expenses
$158K
net assets
$-5K
employees
0
volunteers
14
program ratio
96%
mission · from form 990

THE ORGANIZATION CONDUCTS A FOOD AND WINE FESTIVAL EACH JANUARY TO SHOWCASE AREA CHEFS, RESTAURANTS, WINE & SPIRIT COMPANIES IN AND AROUND DOWNTOWN ALBANY AND AS A FUNDRAISER FOR LOCAL ARTS ORGANIZATIONS.

profile · synthesized from sources

Albany Food and Wine Festival Inc hosts an annual January festival to highlight local chefs, restaurants, and beverage producers in downtown Albany, NY. The event serves as a fundraiser for local arts organizations, supporting the cultural community through culinary and beverage showcases. The organization operates as a grantmaking intermediary, channeling proceeds from the festival to arts groups in the region.

named programs · 1 · from sources

What they call their work

Albany Food and Wine Festival
Annual January event showcasing local chefs, restaurants, and wine and spirit companies in downtown Albany; functions as a fundraiser for local arts organizations
activities · 1 group

What they do

  • Wine Industry Promotion & Education 1 activity
    • Organizing annual food and wine festival
      Organizes an annual food and wine festival in January to showcase local chefs, restaurants, and beverage companies in downtown Albany.
financials · form 990 · fy2024
revenue
Total revenue$142K
Contributions & grants$79K56%
Program service revenue$00%
Investment income$00%
Other revenue$63K
expenses
Total expenses$158K
Program expenses96%
Admin / overhead4%
Fundraising0%
Salaries & benefits$0
Grants paid out$81K
Largest expense lineProfessional Fees
balance sheet
Total assets$41K
Cash$41K
Investments$0
Liabilities$46K
Net assets$-5K
Liquid reserves3.1 mo
6 years on record · 2019–2024 · YoY revenue -16.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 14
  • ALI R ANECHIARICO — DIRECTOR
  • BRIAN MURPHY — DIRECTOR
  • CARLA WASBES — DIRECTOR
  • DORA PHILIP — DIRECTOR
  • GINA FELICIANO — DIRECTOR
  • JONATHAN SCHERZER — VICE CHAIRMAN
  • KATIE HOHMAN — SECRETARY
  • MARCUS PRYOR — PRESIDENT
  • MARGARET CARCIOBOLO — DIRECTOR
  • MARIE ZIMMERMAN — DIRECTOR
  • MELISSA CURRADO — DIRECTOR
  • SONIA FREDERICK — TREASURER
  • SUSAN CLEARY — DIRECTOR
  • WIDJIONO PURNOMO — BOARD CHAIR
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Festival-Based Fundraising for Community Support
    methodology: event-based fundraising
    By hosting an annual food and wine festival, the organization raises funds for local arts organizations and supports regional culinary and beverage businesses, because event-based engagement drives community participation and sustainable revenue generation.