Hernando Desoto Historical Society Inc
- Assets
- $45.0k
- Revenue
- $640.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Bradenton, FL
- Founding
- 03/1965
- Data as of
- 06/2022
- EIN
- 59-0649981
Organization Overview
Hernando Desoto Historical Society Inc is located in Bradenton, FL. The organization was established in 1965. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, 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. Hernando Desoto Historical Society Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Hernando Desoto Historical Society Inc generated $640.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $584.2k during the year ending 06/2022. While expenses have increased by 1.7% 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
PRODUCTION OF COMMUNITY FESTIVAL IN CONNECTION WITH THE STAGING AND REENACTMENT OF HISTORICAL EVENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HERNANDO DESOTO HISTORICAL SOCIETY, INC. IS A NOT-FOR-PROFIT, COMMUNITY ORGANIZATION OF 156 CONQUISTADORS (ACTIVE VOLUNTEER MEMBERS) WHO CELEBRATE THE HISTORICAL SIGNIFICANCE OF SPANISH EXPLORER HERNANDO DESOTO'S LANDING NEAR THE MOUTH OF THE MANATEE RIVER IN MAY 1539. WITH HIS 600 CONQUISTADORS, DESOTO CLAIMED POSSESSION OF LA FLORIDA ON BEHALF OF THE SPANISH CROWN AND THEN BEGAN HIS LENGTHY EXPLORATION OF WHAT IS NOW THE SOUTHEASTERN UNITED STATES. ALONG WITH ITS MEMBERSHIP, WHICH INCLUDES MANY CIVIC, GOVERNMENTAL AND BUSINESS LEADERS, THE SOCIETY SERVES IN A VARIETY OF COMMUNITY-ORIENTED ROLES. THE SOCIETY PRODUCES ONE OF THE LARGEST ENTERTAINMENT EVENTS IN MANATEE COUNTY ON AN ANNUAL BASIS INCLUDING A SEAFOOD FESTIVAL, HOMEMADE BOATING RACE, HALF-MARATHON, A MUSICAL AND FASHION SHOW, A FORMAL-DRESS BALL INCLUDING DAYTIME AND EVENING PARADES. THE SOCIETY SUPPORTS VARIOUS LOCAL CHARITIES INCLUDING LIGHTHOUSE OF MANASOTA, ADOPT-A-FAMILY, TOYS FOR TOTS, KEEP MANATEE BEAUTIFUL, THE BOYS AND GIRLS CLUBS OF MANATEE COUNTY AND OTHERS. THE SOCIETY PROVIDES PUBLIC EDUCATION ON FLORIDA'S SPANISH HERITAGE THROUGH CREWE VISITS TO LOCAL SCHOOLS AND RETIREMENT HOMES. THE SOCIETY FINANCIALLY SUPPORTS A SISTER ORGANIZATION, THE COUNQUISTADOR HISTORICAL FOUNDATION, WHICH DONATES TO OTHER COMMUNITY CHARITIES, PROVIDES EDUCATIONAL PROGRAMS, FUNDS SCHOLARSHIPS AND MAINTAINS A HISTORICAL MUSEUM IN DOWNTOWN BRADENTON. THE SOCIETY'S PREMIER SERIES OF EVENTS, COLLECTIVELY CALLED THE DESOTO HERITAGE FESTIVAL, RECEIVES CONSIDERABLE MEDIA ATTENTION, AS DO THE VARIOUS EVENT SPONSORS. OUR DUES PAYING MEMBERS DONATE COUNTLESS HOURS OF THEIR TIME PREPARING FOR THE FESTIVAL; SIMPLY BECAUSE OF THEIR LOVE FOR THE COMMUNITY. THE SOCIETY IS ENTERING ITS 80TH YEAR OF PRODUCING THE DESOTO HERITAGE FESTIVAL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Horne Former Presi | Officer | 2 | $0 |
Jim Frost Secretary | Officer | 2 | $0 |
Sid Jones President | Officer | 5 | $0 |
Mike Murphy Treasurer | Officer | 5 | $0 |
Robert Ricciardo President | Officer | 5 | $0 |
Gary Scott Chairman | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $89,420 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $117,744 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,164 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,364 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $640,207 |
| 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 | $27,692 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,560 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $870 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,113 |
| Advertising and promotion | $14,000 |
| Office expenses | $7,554 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,449 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,010 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,365 |
| All other expenses | $42,847 |
| Total functional expenses | $584,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,770 |
| 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 | $3,268 |
| 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 | $45,038 |
| Accounts payable and accrued expenses | $2,578 |
| 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 | $155,151 |
| Total liabilities | $157,729 |
| 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 | -$112,691 |
| Total liabilities and net assets/fund balances | $45,038 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hernando Desoto Historical Society Inc Bradenton, FL | $45,038 | $640,207 |
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Wild Rumpus Events Inc Athens, GA | $19,758 | $0 |
Blue Star Salute Foundation Inc Chelsea, AL | $146,325 | $0 |
Wallace R Bostwick Memorial Fund Placida, FL | $4,934 | $0 |
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