Fiesta Events Inc
- Assets
- $1.3m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 12/1991
- Data as of
- 03/2023
- EIN
- 86-0666998
Organization Overview
Fiesta Events Inc is located in Scottsdale, AZ. The organization was established in 1991. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fiesta Events 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 03/2023, Fiesta Events Inc generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $5.8m during the year ending 03/2023. While expenses have increased by 7.8% per year over the past 8 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.
Since 2015, Fiesta Events Inc has awarded 571 individual grants totaling $26,905,113. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
AT THE HEART OF THE FIESTA BOWL ORGANIZATION IS A SIMPLE MISSION: TO ENHANCE ORGANIZATIONS THAT CONTRIBUTE TO THE SUCCESS OF THEIR COMMUNITIES THROUGH YOUTH, SPORTS, AND EDUCATION. FIESTA BOWL CHARITIES HOSTS COMMUNITY EVENTS THROUGHOUT THE YEAR, AND HAS GIVEN MORE THAN $27M ACROSS THE STATE OF ARIZONA IN THE LAST 10 YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Nealy Former Exec. Director (thru 3/7/22) | 4 | $0 | |
Jose Moreno Chief Marketing Officer | Officer | 4 | $0 |
Curt Krizan CFO And Ticket Revenue Officer | Officer | 4 | $0 |
Bob Whitehouse Chief Operating Officer | Officer | 4 | $0 |
James Hatfield Director / Interim Exec. Director | OfficerTrustee | 1 | $0 |
Scott Leightman Sr. Director Of Communication | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arizona Biltmore Hospitality Svs, Event Location Rental | 3/30/17 | $212,602 |
Owens Harkey & Associates Llc Advertising | 3/30/17 | $111,200 |
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 | $269,799 |
| Noncash contributions included in lines 1a–1f | $93,407 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $269,799 |
| Total Program Service Revenue | $3,129,492 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,400 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $72,694 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,510,459 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,409,178 |
| 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. | $95,149 |
| Compensation of current officers, directors, key employees. | $20,742 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $303,540 |
| Pension plan accruals and contributions | $16,328 |
| Other employee benefits | $44,814 |
| Payroll taxes | $26,005 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $224,652 |
| Office expenses | $86,465 |
| Information technology | $20,063 |
| Royalties | $0 |
| Occupancy | $55,879 |
| Travel | $30,891 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $52,855 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62,673 |
| Insurance | $41,900 |
| All other expenses | $203 |
| Total functional expenses | $5,789,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $332,261 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $255,563 |
| 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 | $62,717 |
| Net Land, buildings, and equipment | $27,266 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $609,215 |
| Total assets | $1,287,022 |
| Accounts payable and accrued expenses | $84,215 |
| Grants payable | $0 |
| Deferred revenue | $532,702 |
| 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 | $36,763,502 |
| Total liabilities | $37,380,419 |
| Net assets without donor restrictions | -$36,702,610 |
| Net assets with donor restrictions | $609,213 |
| 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 | $1,287,022 |
Grants Awarded
Over the last fiscal year, Fiesta Events Inc has awarded $2,939,730 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
DONORSCHOOSEORG PURPOSE: 2022 FIESTA BOWL GENERAL SUPPORT GRANT | $1,000,000 |
WEST COAST TURF PURPOSE: 2022 FIESTA BOWL GENERAL SUPPORT GRANT | $39,976 |
SCIENCE OF SPORT PURPOSE: 2022 FIESTA BOWL GENERAL SUPPORT GRANT | $25,000 |
CAMP CATANESE FOUNDATION PURPOSE: 2022 FIESTA BOWL GENERAL SUPPORT GRANT | $25,000 |
ROSIES HOUSE PURPOSE: 2022 FIESTA BOWL GENERAL SUPPORT GRANT | $25,000 |
KIDS CAN SUCCEED PURPOSE: 2022 FIESTA BOWL GENERAL SUPPORT GRANT | $25,000 |