Siesta Beach Festival Inc
- Assets
- $198.6k
- Revenue
- $20.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 09/2012
- Data as of
- 12/2020
- EIN
- 27-2801203
Organization Overview
Siesta Beach Festival Inc is located in Sarasota, FL. The organization was established in 2012. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Siesta Beach Festival 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 12/2020, Siesta Beach Festival Inc generated $20.0 in total revenue. All expenses for the organization totaled $49.6k during the year ending 12/2020.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE TOURISM, LOCAL BUSINESSES AND THE VISUAL ARTS THROUGH A COLLABORATIVE PARTNERSHIP WITH THE COMMUNITY AND LOCAL NON-PROFIT ORGANIZATIONS VIA THE PRODUCTION OF A SCULPTURE FESTIVAL HELD ON THE #1 BEACH IN THE US.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT A MASTER SAND SCULPTING EVENT ON SIESTA KEY BEACH INVOLVING MORE THAN 24 PROFESSIONAL SCULPTORS AND ATTRACTING APPROXIMATELY 40,000 VISITORS. DUE TO COVID-19, THIS EVENT WAS NOT ORGANIZED FOR 2020.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Smith Chairman | OfficerTrustee | 0.3 | $0 |
Mike Gatz Director | Trustee | 0.3 | $0 |
Steve Cavanaugh Director | Trustee | 0.3 | $0 |
Kara Altice-Montes Director | Trustee | 0.3 | $0 |
Eric Flemming Director | Trustee | 0.3 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $20 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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 | $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 | $2,311 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,792 |
| Advertising and promotion | $224 |
| Office expenses | $4,351 |
| Information technology | $133 |
| Royalties | $0 |
| Occupancy | $6,249 |
| Travel | $528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,413 |
| All other expenses | $22,592 |
| Total functional expenses | $49,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,509 |
| Savings and temporary cash investments | $186,051 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $198,560 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $198,560 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $198,560 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Siesta Beach Festival Inc has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Sarasota Convention And Visitors Bureau Sarasota, FL PURPOSE: MARKETING | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Live-Thrive Atlanta Inc Atlanta, GA | $1,073,818 | $1,229,888 |
Seaworld & Busch Gardens Conservation Fund Orlando, FL | $1,323,496 | $1,265,856 |
Forest Workforce Training Institute Montgomery, AL | $491,747 | $815,926 |
Savannah Ocean Exchange Savannah, GA | $125,873 | $481,774 |
Keep Georgia Beautiful Foundation Atlanta, GA | $391,515 | $453,954 |
The Environmental Fund For Georgia Atlanta, GA | $91,246 | $349,249 |
Nathan Benderson Park Foundation Inc University Park, FL | $68,644 | $159,616 |
Englewood Beach Waterfest Englewood, FL | $158,515 | $369,523 |
Arctic Circle Foundation Inc Us Darien, GA | $272,319 | $450,000 |
Florida Coalition For Preservationinc Ocean Ridge, FL | $125,844 | $164,394 |
Winter Park Community Improvement Fund Inc Winter Park, FL | $1,971 | $0 |
We Can So You Can Inc Miami, FL | $27,937 | $56,304 |