Telluride Wine Festival in Telluride, Colorado (CO)

Telluride Wine Festival
Employer Identification Number (EIN)	742537191
Name of Organization	Telluride Wine Festival
Address	PO BOX 1677, Telluride, CO 81435-1677
Subsection	Social Welfare Organization
Ruling Date	06/1989
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$1 to $9,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$6,198
Amount of Income	$119,594
Form 990 Revenue Amount	$119,594

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Financial snapshot ($)

Revenue for 2013

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$176,483	$156,260	$119,594
Contributions, gifts, grants, and similar amounts received	$33,900	$15,000	$7,175
Program service revenue including government fees and contracts	$142,583	$141,260	$112,419
Membership dues and assessments	$0	$0	$0
Investment income	$0	$0	$0
Gain/Loss from sale of assets other than inventory	$0	$0	$0
Net income/loss from gaming and fundraising events	$0	$0	$0
Gross profit/loss from sales of inventory	$0	$0	$0
Other revenue	$0	$0	$0
Total expenses	$182,331	$175,550	$132,847
Total net assets	$-359,279	$-378,569	$-391,822
Excess/Deficit for the year	$-5,848	$-19,290	$-13,253
Net assets or fund balances at beginning of year	$-353,431	$-359,279	$-378,569
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$-378,569	$-391,822

	2011	2012	2013
Balance Sheets
Total assets	$1,639	$4,192	$6,198
Total liabilities	$360,918	$382,761	$398,020
Net assets or fund balances	$-359,279	$-378,569	$-391,822

	2011	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No	No
Were any significant changes made to the organizing or governing documents?		No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No	No	No
Has the organization filed a Form 990-T for the year?		No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No	No
Amount of political expenditures, direct or indirect		$0	$0
Did the organization file Form 1120-POL for this year?		No	No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?		Yes	Yes
Total amount involved		$158,318	$185,512
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?		No	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?		No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

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