Sarasota Architectural Foundation Inc
- Assets
- $345.5k
- Revenue
- $99.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 03/2003
- Data as of
- 09/2020
- EIN
- 04-3699738
Organization Overview
Sarasota Architectural Foundation Inc is located in Sarasota, FL. The organization was established in 2003. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sarasota Architectural Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2020, Sarasota Architectural Foundation Inc generated $99.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $193.2k during the year ending 09/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AWARENESS AND THE PRESERVATION OF BUILDINGS FROM THE SARASOTA SCHOOL OF ARCHITECTURE MOVEMENT, 1941-1966, AND TO DEMONSTRATE THE RELEVANCE OF THE ERA TO THE CONTEMPORARY BUILT ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SARASOTA ARCHITECTURAL FOUNDATION UPGRADED AND RESTORED THE COCOON HOUSE LOCATED ON SIESTA KEY. THIS HOUSE WAS DESIGNED BY PAUL RUDOLPH AND RALPH TWITCHELL. IT IS BEING USED AS AN EXAMPLE OF SARASOTA SCHOOL OF ARCHITECTURE. THE HOUSE IS USED FOR TOURS TWICE A MONTH.
SARASOTA MOD - FALL FESTIVAL TO PROMOTE SARASOTA'S MIDCENTURY ARCHITECTURE.
WALKER GUEST HOUSE REPLICA
THE SARASOTA ARCHITECTURAL FOUNDATION UPGRADED AND RESTORED THE COCOON HOUSE LOCATED ON SIESTA KEY. THIS HOUSE WAS DESIGNED BY PAUL RUDOLPH AND RALPH TWITCHELL. IT IS BEING USED AS AN EXAMPLE OF SARASOTA SCHOOL OF ARCHITECTURE. THE HOUSE IS USED FOR TOURS TWICE A MONTH.
SARASOTA MOD - FALL FESTIVAL TO PROMOTE SARASOTA'S MIDCENTURY ARCHITECTURE.
WALKER GUEST HOUSE REPLICA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Bush Treasurer | OfficerTrustee | 12 | $0 |
Anne Essner Chairperson | OfficerTrustee | 50 | $0 |
Anne Marie Bergivin Vice Chair | OfficerTrustee | 12 | $0 |
David Zaccardelli Director | Trustee | 8 | $0 |
Christopher Wilson Director | Trustee | 8 | $0 |
Carrie Cox Director | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $210,178 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$187,024 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $99,563 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,977 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,009 |
| Advertising and promotion | $21,030 |
| Office expenses | $1,021 |
| Information technology | $12,548 |
| Royalties | $0 |
| Occupancy | $3,048 |
| Travel | $8 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $753 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,179 |
| Insurance | $1,012 |
| All other expenses | $0 |
| Total functional expenses | $193,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,900 |
| Savings and temporary cash investments | $100,692 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,425 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $345,473 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $45,101 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $45,101 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $300,372 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Sarasota Architectural Foundation Inc has recieved totaling $55,005.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $35,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: GENERAL OPERATIONS | $10,000 |
The Perlman Family Foundation Inc Sarasota, FL PURPOSE: TO BENEFIT PUBLIC CHARITABLE ORGANIZATION | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Professional Photographers Of America Inc Atlanta, GA | $48,960,545 | $12,325,076 |
Georgia Association Of Manufacturers Inc Atlanta, GA | $2,700,140 | $2,292,406 |
Two Red Roses Foundation Inc St Petersburg, FL | $81,826,203 | $5,214,247 |
The Armory Art Center Inc West Palm Beach, FL | $4,340,445 | $2,084,067 |
Forward Arts Foundation Inc Atlanta, GA | $5,240,641 | $1,648,904 |
Lighthouse Artcenter Inc Tequesta, FL | $3,825,019 | $2,482,262 |
Robert Craft Igor Stravinsky Foundation boca raton, FL | $11,119,320 | $752,022 |
The Studios Of Key West Inc Key West, FL | $13,984,404 | $3,906,460 |
Palm Beach Photographic Centre Inc West Palm Beach, FL | $1,110,051 | $866,676 |
Bakehouse Art Complex Inc Miami, FL | $1,346,627 | $1,198,887 |
Ann Norton Sculpture Gardens Inc West Palm Beach, FL | $4,892,273 | $1,857,308 |
National Press Photographers Association Inc Athens, GA | $607,292 | $735,008 |