Fiesta Of Five Flags Foundation Inc
- Assets
- $1.3m
- Revenue
- $193.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Pensacola, FL
- Founding
- 05/1997
- Data as of
- 07/2021
- EIN
- 59-3433202
Organization Overview
Fiesta Of Five Flags Foundation Inc is located in Pensacola, FL. The organization was established in 1997. 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. Fiesta Of Five Flags Foundation 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 07/2021, Fiesta Of Five Flags Foundation Inc generated $193.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $406.2k during the year ending 07/2021. 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 ASSIST IN THE PRESENTATION OF THE FIESTA CELEBRATION OF PENSACOLA'S HERITAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ASSIST IN THE PRESENTATION OF THE FIESTA CELEBRATION OF PENSACOLA'S HERITAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Owens Treasurer | OfficerTrustee | 0 | $0 |
Shelby Daniels President | OfficerTrustee | 0 | $0 |
Jeff Phillips Secretary | OfficerTrustee | 0 | $0 |
Lauren Parra Director | Trustee | 0 | $0 |
Lewis Bear Jr Director | Trustee | 0 | $0 |
Richard Johnson Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,839 |
| Fundraising events | $37,366 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,886 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,091 |
| Total Program Service Revenue | $99,465 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $705 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,433 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $193,934 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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 | $6,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $942 |
| Advertising and promotion | $2,579 |
| Office expenses | $1,093 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,937 |
| Travel | $31,300 |
| 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 | $7,640 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $406,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $377,798 |
| Savings and temporary cash investments | $425,016 |
| 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 | $480,930 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,283,744 |
| 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 | $1,283,744 |
| 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 | $1,283,744 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fiesta Of Five Flags Foundation Inc has recieved totaling $15,100.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $15,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hernando Desoto Historical Society Inc Bradenton, FL | $45,038 | $640,207 |
Pan Am 103-Lockerbie Legacy Foundation Inc Miami, FL | $650,304 | $228,145 |
Fiesta Of Five Flags Foundation Inc Pensacola, FL | $1,283,744 | $193,934 |
Dr Martin Luther King Jr Parade And Festivities Committee Inc Miami, FL | $56,895 | $306,350 |
Round Canopy Parachuting Team-Usa Foundation Inc Palatka, FL | $184,815 | $0 |
Maharashtra Mandal-Atlanta Cumming, GA | $308,787 | $0 |
Jordancon Inc Roswell, GA | $100,358 | $0 |
Curtiss Mansion Inc Miami Springs, FL | $220,511 | $233,806 |
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 |
1st Division - Southern Re-Enactors Association Northport, AL | $51,297 | $0 |