Twenty-six associations reported generating more than $10M in revenue in 2011, with another 15 dropping below $4M For the Wine and Spirits Wholesalers of America, 2011 might look like a vintage year, but numbers can be deceiving. Tax records show that in 2011, the association exceeded $10 million in annual revenue for the first time in recent history. In fact, the group pulled in more than $13.7 million, up from $8 million the year before. But most of that extra cash came from repayments to the association by members for its battle against a Washington state ballot initiative, according to a WSWA spokesman. Take that out of the picture, and the group's revenue has… Read More