Old Vero Ice Age Sites Committee Inc
- Assets
- $130.7k
- Revenue
- $35.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- 04/2011
- Data as of
- 12/2021
- EIN
- 27-3101937
Organization Overview
Old Vero Ice Age Sites Committee Inc is located in Vero Beach, FL. The organization was established in 2011. According to its NTEE Classification (A56) the organization is classified as: Natural History & Natural Science Museums, 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. Old Vero Ice Age Sites Committee 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 12/2021, Old Vero Ice Age Sites Committee Inc generated $35.0k 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 (16.7%) each year. All expenses for the organization totaled $33.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND APPROPRIATELY EXCAVATE IMPORTANT ICE AGE ARCHAELOGICAL AND PALEONTOLOGICAL SITES IN VERO BEACH AND INDIAN RIVER COUNTY, FLORIDA; AND IN THE PROCESS PROMOTE EDUCATION AND UNDERSTANDING OF THEIR CONTENTS AND HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVIASC, IN PARTNERSHIP WITH INDIAN RIVER STATE COLLEGE, IS TAKING A YEAR AWAY FROM EXCAVATIONS TO DOCUMENT, PUBLISH, AND DISPLAY WHAT HAS BEEN FOUND IN FOUR YEARS OF RESEARCH AT THE CELEBRATED OLD VERO SITE (8IR009). GENERALLY SPEAKING, FOR EACH HOUR OF EXCAVATION, ATTENDANT RESEARCH, ANALYSES, AND WRITE UP TAKE 15 HOURS. IN SHORT, IT IS NOT WHAT YOU FIND BUT WHAT YOU FIND OUT THAT MATTERS. AN ARCHAEOLOGIST'S DUTY TO THE DISCIPLINE AND TO ITS BENEFACTORS IS TO EXPLAIN WHAT HAS BEEN LEARNED, AND HOW ANY SITE FITS INTO THE LOCAL, REGIONAL, AND BROADER CONTEXT. THE OLD VERO SITE IS DIRECTED BY ONE OF THE COUNTRY'S BEST EARLY MAN ARCHAELOGISTS, DR. J.M. ADOVASIO. THE EXCAVATIONS AT THE OLD VERO SITE WERE MONITORED ON A DAILY BASIS BY DR. C.A. HEMMINGS, A RENOWNED FLORIDA EARLY MAN SPECIALIST. THE EXCAVATION SEASON IN THE STUDY AREA USUALLY EXTENDS FROM JANUARY THROUGH JUNE WITH ANALYSES CONTINUING YEAR-ROUND. THE OLD VERO PROJECT AND RELATED RESEARCH IS FUNDED JOINTLY BY DONATIONS TO OVIASC AND MATCHING GRANTS FROM THE STATE OF FLORIDA'S DIVISION OF HISTORIC PRESERVATION. THE OLD VERO SITE WAS FIRST EXCAVATED CA. 100 YEARS AGO BY THEN FLORIDA STATE GEOLOGIST DR. E.H. SELLARDS. THE RECENT EXCAVATIONS HAVE SUGGESTED A HUMAN PRESENCE AT THE OLD VERO SITE THAT MAY BE 13,000 TO 14,000 YEARS OLD, MAKING IT ONE OF THE MOST IMPORTANT EARLY MAN SITES IN THE COUNTRY. OVER 500 SUPPORTERS HAVE HELPED FUND THE PROJECT, 250 LOCAL VOLUNTEERS HAVE WORKED AT THE SITE, AND 1,000 PEOPLE TOURED THE EXCAVATION EACH OF THE LAST THREE SEASONS. EDUCATIONAL PRESENTATIONS AND SITE TOURS HAVE BEEN GIVEN TO A WIDE RANGE OF SCHOOL STUDENTS. DR. ADOVASIO AND DR. HEMMINGS, PLUS OTHER NOTABLE ARCHAEOLOGISTS, HAVE GIVEN TALKS TO AT LEAST 5,000 INTERESTED CITIZENS IN THE LOCAL COMMUNITY AND HAVE ALSO OFFERED PRESENTATIONS AT NATIONAL ARCHAEOLOGICAL CONFERENCES. THE OLD VERO SITE CONTINUES TO RECEIVE NATIONAL PUBLICITY ON A REGULAR BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randolph B Old Chairman | OfficerTrustee | 9 | $0 |
Anne Dunn Secretary | OfficerTrustee | 9 | $0 |
Mary Singer Treasurer | OfficerTrustee | 9 | $0 |
Peggy Lyon Mccoy Member | Trustee | 9 | $0 |
Carol Fennell Member | Trustee | 9 | $0 |
Ruth Stanbridge Member | Trustee | 9 | $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 | $34,297 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,297 |
| Total Program Service Revenue | $0 |
| Investment income | $70 |
| 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 | $35,005 |
| 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 | $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 | $16,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $238 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $9,551 |
| Insurance | $1,030 |
| All other expenses | $0 |
| Total functional expenses | $33,053 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,441 |
| 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 | $683 |
| Net Land, buildings, and equipment | $35,623 |
| Investments—publicly traded securities | $2,990 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $130,737 |
| Accounts payable and accrued expenses | $425 |
| 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 | $425 |
| 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 | $130,312 |
| Total liabilities and net assets/fund balances | $130,737 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Old Vero Ice Age Sites Committee Inc has recieved totaling $6.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Game Fish Association Inc Dania Beach, FL | $22,267,053 | $3,152,444 |
Bishop Museum Of Science And Nature Inc Bradenton, FL | $45,135,053 | $3,584,269 |
Tallahassee Museum Of History And Natural Science Inc Tallahassee, FL | $4,222,964 | $2,794,283 |
Gumbo Limbo Nature Center Inc Boca Raton, FL | $3,587,396 | $564,626 |
Calusa Nature Center & Planetarium Inc Fort Myers, FL | $709,610 | $636,748 |
Savannah Science Museum Inc Savannah, GA | $432,559 | $257,186 |
Anniston Museum Endowment Corporation Anniston, AL | $2,192,638 | $140,529 |
Crowley Museum And Nature Center Inc Sarasota, FL | $1,004,518 | $55,340 |
Old Vero Ice Age Sites Committee Inc Vero Beach, FL | $130,737 | $35,005 |
Suarez Museum Of Natural Science & History Inc Miami, FL | $70,798 | $5,760 |
Museum Of Archaeology Paleontology And Science New Port Richey, FL | $3,774,999 | $600 |
The Foundation For Americas Research Inc Winter Spgs, FL | $889 | $0 |