Krewe Of Key West Corp
- Assets
- $16.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Key West, FL
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 81-2189767
Organization Overview
Krewe Of Key West Corp is located in Key West, FL. The organization was established in 2016. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Krewe Of Key West Corp 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, Krewe Of Key West Corp generated $17.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $15.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO RECOGNIZE LOCAL HIGH SCHOOL MARCHING BAND TALENT IN THE ANNUAL KREWE OF KEY WEST PARADE, RESULTING IN A TROPHY AND FINANCIAL CONTRIBUTION TO THE WINNING SCHOOL; TO INCREASE PUBLIC AWARENESS, PROMOTE COMPASSION AND SOLICIT INCREASED PUBLIC PARTICIATION AND SUPPORT FOR ANIMALS ABANDONED OR ABUSED; GRANTS AND CONTRIBUTIONS TO SUPPORT ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE CODE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Johnson Secretary | 1 | $0 | |
Francis Wormuth Vice President | 1 | $0 | |
James Chase Hurst Treasurer | 1 | $0 | |
Kimber Tracy Vice President | 1 | $0 | |
Valsin Marmillion President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,425 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$586 |
| Other Revenue | $0 |
| Total Revenue | $17,839 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,841 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,722 |
| Total expenses | $15,593 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,176 |
| Other assets | $0 |
| Total assets | $16,467 |
| Total liabilities | $7,250 |
| Net assets or fund balances | $9,217 |
Grants Awarded
Over the last fiscal year, Krewe Of Key West Corp has awarded $65,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Key West, FL | | $31,000 |
KEY WEST HIGH SCHOOL | | | $20,000 |
Key West, FL | | $14,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Krewe Of Key West Corp has recieved totaling $15,830.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $7,915 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $7,915 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Family Connection Partnership Inc Atlanta, GA | $2,438,280 | $6,252,094 |
Eagle Arts Academy Inc Wellington, FL | $268,349 | $5,358,637 |
Vero Beach Museum Of Art Inc Vero Beach, FL | $60,866,235 | $8,493,938 |
Grandview Preparatory School Inc Boca Raton, FL | $15,212,269 | $5,400,121 |
Arts Center Association Inc St Petersburg, FL | $13,513,737 | $4,345,570 |
Gulfshore Opera Inc Naples, FL | $497,998 | $1,174,387 |
Jacksonville Arts And Music School Jacksonville, FL | $1,043,235 | $1,052,182 |
Realize Bradenton Inc Bradenton, FL | $630,233 | $957,046 |
Young Philosophers Society Inc Shalimar, FL | $29,328 | $903,631 |
Art League Of Marco Island Inc Marco Island, FL | $1,995,611 | $956,565 |
Arts4all Florida Tampa, FL | $1,023,964 | $852,559 |
Sunflower Creative Arts Inc Delray Beach, FL | $1,506,931 | $782,866 |