Old Spanish Days
- Assets
- $2.4m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 3
- Location
- Santa Barbara, CA
- Founding
- 03/1947
- Data as of
- 10/2023
- 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 10/2023, 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 10/2023, Old Spanish Days generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 55.1% each year . All expenses for the organization totaled $1.3m during the year ending 10/2023. While expenses have increased by 47.3% per year over the past 4 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
2023
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 Vice President | OfficerTrustee | 40 | $0 |
Tony Miller Director | Trustee | 2 | $0 |
Isis Wills-Saltzman Director | Trustee | 2 | $0 |
Stephanie Coghlan Director | Trustee | 2 | $0 |
Michelle Bischoff Director | Trustee | 2 | $0 |
Judith Mccaffrey Director | Trustee | 2 | $0 |
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 | $1,294,189 |
| Noncash contributions included in lines 1a–1f | $241,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,294,189 |
| Total Program Service Revenue | $186,628 |
| Investment income | $88,824 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $37,479 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,607,120 |
| 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 | $73,119 |
| 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 | $165 |
| Advertising and promotion | $12,559 |
| 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 | $3,031 |
| Insurance | $0 |
| All other expenses | $72,781 |
| Total functional expenses | $1,344,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $233,685 |
| Savings and temporary cash investments | $1,882,566 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,731 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,665 |
| Prepaid expenses and deferred charges | $1,507 |
| Net Land, buildings, and equipment | $11,619 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $261,867 |
| Total assets | $2,416,640 |
| Accounts payable and accrued expenses | $185,939 |
| 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 | $18,640 |
| Total liabilities | $204,579 |
| Net assets without donor restrictions | $710,181 |
| Net assets with donor restrictions | $1,501,880 |
| 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 | $2,416,640 |