Krewe Of St Andrews Inc
- Assets
- $1.1m
- Revenue
- $249.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Panama City, FL
- Founding
- 04/2005
- Data as of
- 12/2023
- EIN
- 20-1568457
Organization Overview
Krewe Of St Andrews Inc is located in Panama City, FL. The organization was established in 2005. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Krewe Of St Andrews 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 12/2023, Krewe Of St Andrews Inc generated $249.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $268.4k during the year ending 12/2023. While expenses have increased by 16.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS TO PROVIDE FINANCIAL SUPPORT FOR EDUCATIONAL SCHOLARSHIPS, PROGRAMS, BENEVOLENT PROGRAMS, AND COMMUNITY SERVICES AND ENCOURAGE POSITIVE ATTENTION ON HISTORIC ST. ANDREWS AS WELL AS GENERATE FUNDS TO IMPROVE HISTORIC ST. ANDREWS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARDI GRAS FESTIVAL - THE ST. ANDREWS MARDI GRAS IS A THREE-DAY PARADE AND FESTIVAL THAT DRAWS A CROWD OF APPROXIMATELY 50,000 PEOPLE. THIS ORGANIZATION PROVIDES MARDI GRAS EVENTS FOR HISTORIC ST. ANDREWS, PERFORMS COMMUNITY SERVICES, AND ENGAGES IN BENEVOLENT PROGRAMS. FUNDS THAT WERE RAISED BY THIS EVENT PROVIDED FINANCIAL SUPPORT FOR EDUCATIONAL SCHOLARSHIPS.
DEN BUILDING - THE DEN BUILDING AND FLOAT BUILDING ARE MADE AVAILABLE TO THE PUBLIC FOR FLOAT CONSTRUCTION, DINNERS, AND CONCESSIONS YEAR-ROUND AND IN SUPPORT OF THE MARDI GRAS FESTIVAL. THE ORGANIZATION HAS OVER 200 MEMBERS. FUNDS THAT WERE RAISED BY THESE ACTIVITIES PROVIDED FINANCIAL SUPPORT FOR ST. ANDREWS PUBLIC PROJECTS, ASSOCIATION OF ST. JUDE, GCSC ATHLETIC DEPT., ANCHORAGE CHILDREN'S HOME, AND SALTY PET FOUNDATION. FUNDS THAT WERE RAISED BY THIS EVENT PROVIDED FINANCIAL SUPPORT FOR EDUCATIONAL SCHOLARSHIPS FOR PEOPLE RETURNING TO SCHOOL (MUST BE AT LEAST 23). SCHOLARSHIPS TOTALING $7,350 WERE GRANTED TO SEVEN PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elwin Parker President | OfficerTrustee | 1 | $0 |
Judy Biddle President-Elect | OfficerTrustee | 1 | $0 |
David Blasi Secretary | OfficerTrustee | 1 | $0 |
Leslie Fuqua Treasurer | OfficerTrustee | 1 | $0 |
Donald Cox Treasurer Emeritus | Trustee | 1 | $0 |
Jerry Kelly Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $44,225 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,282 |
| Noncash contributions included in lines 1a–1f | $4,080 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,507 |
| Total Program Service Revenue | $90,114 |
| Investment income | $654 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $28,876 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $799 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $249,180 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,040 |
| Grants and other assistance to domestic individuals. | $8,500 |
| 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 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 | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,340 |
| Advertising and promotion | $3,333 |
| Office expenses | $2,030 |
| Information technology | $5,837 |
| Royalties | $0 |
| Occupancy | $68,429 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,360 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,233 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $268,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,021 |
| Savings and temporary cash investments | $63,529 |
| 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 | $14,281 |
| Prepaid expenses and deferred charges | $5,622 |
| Net Land, buildings, and equipment | $1,030,871 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,133,324 |
| Accounts payable and accrued expenses | $600 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $447,235 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,100 |
| Total liabilities | $456,935 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $676,389 |
| Total liabilities and net assets/fund balances | $1,133,324 |