Old Spanish Days
- Assets
- $2.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 3
- Location
- Santa Barbara, CA
- Founding
- 03/1947
- Data as of
- 10/2022
- EIN
- 95-1541669
Organization Overview
Old Spanish Days is located in Santa Barbara, CA. The organization was established in 1947. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 10/2022, Old Spanish Days employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Spanish Days 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 10/2022, Old Spanish Days generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $1.1m during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 6 years. 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
APPRECIATION FOR OLD SPANISH CUSTOMS ANNUAL CELEBRATION HELD
Describe the Organization's Program Activity:
Part 3 - Line 4a
STIMULATE AND FOSTER IN THE PUBLIC OF SANTA BARBARA AN APPRECIATION OF OLD SPANISH CUSTOMS THROUGH THE PRESENTATION OF AN ANNUAL FIESTA AND RELATED PAGEANTS AND ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colin Hayward Director | Trustee | 2 | $0 |
David Bolton Director | Trustee | 28 | $0 |
Andrea Caplan Director | Trustee | 2 | $0 |
Roger Aceves Director | Trustee | 2 | $0 |
Maria Cabrera Director | Trustee | 2 | $0 |
Stephanie Petlow Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $125,977 |
| All other contributions, gifts, grants, and similar amounts not included above | $318,756 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $444,733 |
| Total Program Service Revenue | $663,529 |
| Investment income | $39,218 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $33,313 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,180,793 |
| 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 | $52,628 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,440 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $3,193 |
| Insurance | $0 |
| All other expenses | $14,276 |
| Total functional expenses | $1,085,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,275 |
| Savings and temporary cash investments | $505,382 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $137,717 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,387 |
| Prepaid expenses and deferred charges | $1,507 |
| Net Land, buildings, and equipment | $14,650 |
| Investments—publicly traded securities | $1,152,127 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $62,243 |
| Total assets | $1,967,288 |
| Accounts payable and accrued expenses | $17,749 |
| 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 | $17,749 |
| Net assets without donor restrictions | $1,949,539 |
| 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 | $1,967,288 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Old Spanish Days has recieved totaling $72,517.
| Awarding Organization | Amount |
|---|---|
Wood-Claeyssens Foundation Santa Barbara, CA PURPOSE: OLD SPANISH DAYS FIESTA | $50,000 |
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: GENERAL SUPPORT | $12,500 |
Santa Barbara Foundation Santa Barbara, CA PURPOSE: ARTS, CULTURE, AND HUMANITIES | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $17 |
Endowment Analysis
| Beg. Balance | $1,728,872 |
| Earnings | -$287,635 |
| Net Contributions | $172,750 |
| Other Expense | $112,107 |
| Ending Balance | $1,501,880 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centennial Village Corporation Mesa, AZ | $2,736,905 | $2,053,635 |
Old Spanish Days Santa Barbara, CA | $1,967,288 | $1,180,793 |
Chief Joseph Days Rodeo Inc Joseph, OR | $406,994 | $787,055 |
Commission For The Las Vegas Centennial Las Vegas, NV | $6,136,799 | $1,840,666 |
Honor Flight Kern County Bakersfield, CA | $487,691 | $529,706 |
Yuris Night Walnut, CA | $156,711 | $468,251 |
West Coast Stock Car Hall Of Fame Danville, CA | $576,840 | $465,750 |
Kapaa Business Association Inc Kapaa, HI | $26,337 | $252,157 |
Lincoln Veterans Memorial Coalition Incorporated Lincoln, CA | $4,810 | $0 |
Pendleton Round-Up Foundation Pendleton, OR | $21,373,118 | $2,292,402 |
Cumberland Community Events Center Albany, OR | $311,080 | $0 |
Kingsmen Of Route 66 Inc Kingman, AZ | $186,320 | $243,343 |