Gulf Coast Heritage Association Inc
- Assets
- $4.3m
- Revenue
- $580.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 01/1979
- Data as of
- 06/2022
- EIN
- 23-7366423
Organization Overview
Gulf Coast Heritage Association Inc is located in Sarasota, FL. The organization was established in 1979. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, 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. Gulf Coast Heritage Association 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 06/2022, Gulf Coast Heritage Association Inc generated $580.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AS A SUPPORTING ORGANIZATION TO MARIE SELBY BOTANICAL GARDENS, GULF COAST HERITAGE ASSOCIATION PROVIDES BAYFRONT SANCTUARIES CONNECTING PEOPLE WITH AIR PLANTS OF THE WORLD, NATIVE NATURE, AND OUR REGIONAL HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARIE SELBY BOTANICAL GARDENS PROVIDES 45 ACRES OF BAYFRONT SANCTUARIES CONNECTING PEOPLE WITH AIR PLANTS OF THE WORLD, NATIVE NATURE, AND OUR REGIONAL HISTORY. ESTABLISHED BY FORWARD THINKING WOMEN OF THEIR TIME, SELBY GARDENS IS COMPOSED OF THE 15- ACRE DOWNTOWN SARASOTA CAMPUS AND THE 30-ACRE HISTORIC SPANISH POINT CAMPUS IN THE OSPREY AREA OF SARASOTA COUNTY, FLORIDA. THE DOWNTOWN CAMPUS ON SARASOTA BAY IS THE ONLY BOTANICAL GARDEN IN THE WORLD DEDICATED TO THE DISPLAY AND STUDY OF EPIPHYTIC ORCHIDS, BROMELIADS, GESNERIADS AND FERNS, AND OTHER TROPICAL PLANTS. THERE IS A SIGNIFICANT FOCUS ON BOTANY, HORTICULTURE, EDUCATION, HISTORICAL PRESERVATION, AND THE ENVIRONMENT. THE HISTORIC SPANISH POINT (HSP) CAMPUS IS LOCATED LESS THAN 10 MILES SOUTH ALONG LITTLE SARASOTA BAY. THE HSP CAMPUS, ONE OF THE LARGEST PRESERVES SHOWCASING NATIVE FLORIDA PLANTS THAT IS INTERPRETED FOR AND OPEN TO THE PUBLIC, CELEBRATES AN ARCHAEOLOGICAL RECORD THAT ENCOMPASSES APPROXIMATELY 5,000 YEARS OF FLORIDA HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Morganroth Vice Chair | OfficerTrustee | 1.5 | $0 |
Marianne Mccomb Chair | OfficerTrustee | 2 | $0 |
Jennifer Rominiecki President & CEO | OfficerTrustee | 40 | $0 |
Eric Fontana Treasurer & CFO | Officer | 1.5 | $0 |
Wendy Deming Secretary & COO | Officer | 40 | $0 |
Norbert Donelly Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,817 |
| Noncash contributions included in lines 1a–1f | $1,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,817 |
| Total Program Service Revenue | $310,822 |
| Investment income | $495 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $151,849 |
| Net Gain/Loss on Asset Sales | $53,693 |
| Net Income from Fundraising Events | -$81,584 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,907 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $580,196 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $446,239 |
| Pension plan accruals and contributions | $5,499 |
| Other employee benefits | $48,527 |
| Payroll taxes | $33,346 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $67 |
| Fees for services: Other | $175,463 |
| Advertising and promotion | $524 |
| Office expenses | $80,425 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,266 |
| Travel | $737 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $102,291 |
| Insurance | $24,711 |
| All other expenses | $25,374 |
| Total functional expenses | $1,005,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168,753 |
| Savings and temporary cash investments | $0 |
| 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 | $61,572 |
| Net Land, buildings, and equipment | $3,028,834 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,051,457 |
| Total assets | $4,310,616 |
| Accounts payable and accrued expenses | $57,427 |
| Grants payable | $0 |
| Deferred revenue | $18,616 |
| 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 | $1,524,526 |
| Total liabilities | $1,600,569 |
| Net assets without donor restrictions | $1,671,371 |
| Net assets with donor restrictions | $1,038,676 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,310,616 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Gulf Coast Heritage Association Inc has recieved totaling $108,084.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT, PROGRAM SUPPORT | $29,742 |
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT, PROGRAM SUPPORT | $29,742 |
Gulf Coast Community Foundation Inc Venice, FL PURPOSE: ARTS AND CULTURE | $24,300 |
Gulf Coast Community Foundation Inc Venice, FL PURPOSE: ARTS AND CULTURE | $24,300 |
Endowment Analysis
| Beg. Balance | $1,279,018 |
| Earnings | -$231,561 |
| Ending Balance | $1,047,457 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Historical Society Savannah, GA | $30,611,121 | $5,575,417 |
Holocaust Documentation & Education Center Inc Dania Beach, FL | $7,248,445 | $3,037,559 |
Coastal Heritage Society Inc Savannah, GA | $3,223,503 | $3,680,449 |
Birmingham Landmarks Inc Birmingham, AL | $19,773,714 | $5,790,152 |
Alabama Historic Ironworks Commission Mccalla, AL | $4,360,177 | $2,386,256 |
Coastal Georgia Historical Society Inc St Simons Island, GA | $8,728,661 | $2,039,042 |
Preservation Foundation Of Palm Beach Inc Palm Beach, FL | $27,182,699 | $14,785,747 |
Key West Art & Historical Society Inc Key West, FL | $3,638,372 | $2,771,144 |
Historic Westville Inc Columbus, GA | $12,453,096 | $665,726 |
Historical Society Of Martin County Inc Stuart, FL | $13,078,765 | $1,282,990 |
Tybee Island Historical Society Inc Tybee Island, GA | $6,056,946 | $1,662,737 |
Brevard Regional Arts Groups Inc Melbourne, FL | $2,769,843 | $1,580,932 |