Ye Mystic Krewe Of Gasparilla is located in Tampa, FL. The organization was established in 1940. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 04/2022, Ye Mystic Krewe Of Gasparilla employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ye Mystic Krewe Of Gasparilla is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 04/2022, Ye Mystic Krewe Of Gasparilla generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $3.0m during the year ending 04/2022. While expenses have increased by 5.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE SPIRIT OF CARNIVAL IN THE CITY OF TAMPA AND STAGE THE ANNUAL GASPARILLA INVASION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NAME AND FOUNDATION OF TAMPA'S TRADITIONAL YE MYSTIC KREWE OF GASPARILLA PIRATE INVASION AND PARADE COME FROM THE LEGENDARY PIRATE JOSE GASPAR, "LAST OF THE BUCCANEERS," WHO TERRORIZED THE COASTAL WATERS OF WEST FLORIDA DURING THE LATE 18TH AND EARLY 19TH CENTURY. AS AN ARISTOCRAT BY BIRTH AND OFFICER IN THE SPANISH NAVY, GASPAR WAS WELL EDUCATED, POSSESSED COURTLY MANNERS, AND HAD ALL THE APPEARANCES OF A FINE GENTLEMAN. WHEN JOSE GASPAR DIED, HE SUPPOSEDLY LEFT AN UNTOLD FORTUNE IN BURIED TREASURE SOMEWHERE ALONG THE FLORIDA COAST. THOUGH THAT TREASURE HAS NEVER BEEN DISCOVERED, THE STORY OF THE SWASHBUCKLING GASPAR WAS UNEARTHED AND HIS MEMORY REVIVED IN 1904 WHEN YE MYSTIC KREWE OF GASPARILLA WAS FORMED AND ADOPTED THE PIRATE AS PATRON ROGUE OF THEIR CITY-WIDE CELEBRATION. (CONTINUED ON SCHEDULE O)INSPIRED BY THE LEGEND, THE ORGANIZATION IS DEDICATED TO ENRICHING THE VITALITY AND IMAGINATION OF TAMPA AND THE SURROUNDING COMMUNITY. EACH YEAR THE KREWE PARTNERS WITH THE CITY OF TAMPA, U.S. COAST GUARD, AND DEPARTMENT OF DEFENSE TO SPONSOR THE GASPARILLA INVASION AND PARADE, THE THIRD LARGEST IN THE UNITED STATES, WHICH PROVIDES ENTERTAINMENT TO MILLIONS OF PEOPLE FROM ALL OVER THE WORLD. THE LANDFALL OF THE JOSE GASPARILLA PIRATE SHIP AND THE CHILDREN'S PARADE FIREWORKS SHOW HAVE BECOME TOURISM ICONS.WHEN NOT HOSTING THEIR ANNUAL CHILDREN'S PARADE AND PIRATE INVASION AND PARADE, THE KREWE MEMBERS PARTICIPATE IN COMMUNITY AND CHARITY EVENTS THROUGH SPECIAL APPEARANCES IN TAMPA BAY AND THROUGHOUT THE UNITED STATES. KREWE MEMBERS, IN PIRATE ATTIRE, REGULARLY VISIT HOSPITALS, ASSISTED LIVING CENTERS, CHILDREN'S VENUES, AND SCHOOLS, ENGAGING THE COMMUNITY IN THE SPIRIT AND FUN OF GASPARILLA EVENTS. THE KREWE ALSO CARRIES ON ITS SOCIAL TRADITION WITH THE ANNUAL DEBUTANTE AND CORONATION BALLS.IN ADDITION, YMKG WAS INSTRUMENTAL IN ESTABLISHING THE INTER-KREWE COUNCIL, WHICH HAS GROWN TO INCLUDE MORE THAN 60 OTHER KREWES. EACH KREWE IS ORGANIZED FOR SPECIFIC CHARITABLE AND COMMUNITY SERVICE PURPOSES.
THE KREWE OWNS AND MAINTAINS THE JOSE GASPAR, A FULL-RIGGED PIRATE SHIP, AS A TOURIST ATTRACTION. IN 1911 A SHIP WAS USED FOR THE FIRST TIME BY YMKG TO CAPTURE THE CITY OF TAMPA, BUT IT WASN'T UNTIL 1937 THAT THE KREWE OWNED ITS FIRST VESSEL, THE JOSE GASPARILLA I. IN 1954, YMKG COMMISSIONED THE BUILDING OF THE WORLD'S ONLY FULLY-RIGGED PIRATE SHIP, JOSE GASPARILLA II, WHICH WAS CHRISTENED DURING THE KREWE'S 50-YEAR ANNIVERSARY. DURING THE YEAR, THE SHIP IS DOCKED AT THE TARPON WEIGH STATION ON BAYSHORE BOULEVARD FOR THE PUBLIC'S VIEWING PLEASURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donald J Barnes Executive Officer | Officer | 40 | $129,652 |
Nelli L Kieffer Office Manager (5/1/21-2/28/22) | Officer | 40 | $66,156 |
T Trueet Garnder President (4/6/22-4/30/22) | OfficerTrustee | 8 | $0 |
Charles N Stallings III 1st Lieutenant (4/6/22-4/30/22) | OfficerTrustee | 0.5 | $0 |
Charles M Davis III 2nd Lieutenant (4/6/22-4/30/22) | OfficerTrustee | 0.5 | $0 |
Donamae Clinebell Office Manager (4/1/22-4/30/22) | Officer | 40 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bay Stage Live Event Staging | 4/29/22 | $368,872 |
Gulf Marine Repair Corp Ship Maintenance | 4/29/22 | $270,295 |
Tampa Yacht & Country Club Catering/event Services | 4/29/22 | $245,514 |
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 | $2,547,465 |
Investment income | $1,022 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $6,624 |
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 | $8,220 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,796,531 |
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. | $223,535 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $317,992 |
Pension plan accruals and contributions | $5,351 |
Other employee benefits | $35,153 |
Payroll taxes | $39,768 |
Fees for services: Management | $0 |
Fees for services: Legal | $26,098 |
Fees for services: Accounting | $23,525 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,891 |
Advertising and promotion | $35,329 |
Office expenses | $47,164 |
Information technology | $12,182 |
Royalties | $0 |
Occupancy | $42,308 |
Travel | $2,015 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $126,323 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $141,619 |
Insurance | $174,308 |
All other expenses | $16,803 |
Total functional expenses | $3,045,111 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,562 |
Savings and temporary cash investments | $3,322,298 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $70,964 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $47,308 |
Prepaid expenses and deferred charges | $46,512 |
Net Land, buildings, and equipment | $2,520,847 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $36,905 |
Total assets | $6,049,396 |
Accounts payable and accrued expenses | $15,543 |
Grants payable | $0 |
Deferred revenue | $25,842 |
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 | $861 |
Total liabilities | $42,246 |
Net assets without donor restrictions | $5,012,189 |
Net assets with donor restrictions | $994,961 |
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 | $6,049,396 |
Beg. Balance | $776,337 |
Earnings | $6,457 |
Admin Expense | $1,023 |
Net Contributions | $28,500 |
Ending Balance | $810,271 |
Organization Name | Assets | Revenue |
---|---|---|
South Florida Fair And Expositions Inc West Palm Beach, FL | $32,703,938 | $15,373,950 |
Florida Strawberry Festival Inc Plant City, FL | $39,584,482 | $13,416,291 |
Miami-Dade County Fair & Exposition Inc Miami, FL | $15,666,768 | $1,720,352 |
Southwest Florida And Lee County Fair Assoc Inc North Fort Myers, FL | $1,940,005 | $4,555,563 |
Central Florida Fair Inc Orlando, FL | $10,116,384 | $5,172,204 |
Ye Mystic Krewe Of Gasparilla Tampa, FL | $6,049,396 | $2,796,531 |
Clay County Fair Association Inc Green Cove Springs, FL | $6,279,588 | $2,806,382 |
Pensacola Interstate Fair Inc Pensacola, FL | $4,285,068 | $3,576,986 |
Volusia County Fair Association Inc Deland, FL | $2,465,184 | $2,866,756 |
Sunbelt Agricultural Exposition Inc Moultrie, GA | $986,541 | $2,489,467 |
National Peanut Festival Assn Inc Dothan, AL | $12,226,185 | $2,754,478 |
Alabama National Fair Montgomery, AL | $1,396,624 | $1,744,335 |