Siesta Beach Festival Inc in Sarasota, Florida (FL)
Table of contents:
| Siesta Beach Festival Inc | |
| Employer Identification Number (EIN) | 272801203 |
| Name of Organization | Siesta Beach Festival Inc |
| In Care of Name | Jim Syprett |
| Address | 5118 Ocean Blvd, Sarasota, FL 34242 |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 09/2012 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2012 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $74,257 |
| Amount of Income | $198,467 |
| Form 990 Revenue Amount | $195,873 |
| National Taxonomy of Exempt Entities (NTEE) | Environmental Quality, Protection and Beautification: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2012: $198,467 (it was $195,873 in 2013)
| This organization: | $198,467 |
| Other organizations performing similar types of work: | $115,830 |
Assets in 2012: $74,257 (it was $74,257 in 2013)
| This organization: | $74,257 |
| Other organizations performing similar types of work: | $74,257 |
Expenses in 2013: $202,067
| Siesta Beach Festival Inc: | $202,067 |
| Other organizations performing similar types of work: | $62,975 |
Income to expenses ratio in 2013: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 5.1%
| This organization: | 5.1% |
| Other organizations performing similar types of work: | 100.0% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |
| 2013 | |
|---|---|
| Total revenue | $195,873 |
| Contributions, gifts, grants, and similar amounts received | $10,000 |
| Program service revenue including government fees and contracts | $178,811 |
| Membership dues and assessments | $0 |
| Investment income | $0 |
| Gain/Loss from sale of assets other than inventory | $0 |
| Net income/loss from gaming and fundraising events | $0 |
| Gross profit/loss from sales of inventory | $7,062 |
| Gross sales of inventory, less returns and allowances | $9,656 |
| Less: cost of goods sold | $2,594 |
| Other revenue | $0 |
| Total expenses | $202,067 |
| Total net assets | $13,806 |
| Excess/Deficit for the year | $-6,194 |
| Net assets or fund balances at beginning of year | $20,000 |
| Other changes in net assets or fund balances | $0 |
| Net assets or fund balances at end of year | $13,806 |
| Balance Sheets | |
| 2013 | |
|---|---|
| Total assets | $74,257 |
| Total liabilities | $60,451 |
| Net assets or fund balances | $13,806 |
| Other Information | |
| 2013 | |
|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No |
| Were any significant changes made to the organizing or governing documents? | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
| Has the organization filed a Form 990-T for the year? | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No |
| Amount of political expenditures, direct or indirect | $0 |
| Did the organization file Form 1120-POL for this year? | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No |
| Total amount involved | $0 |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $198,467 |
| Subtotal | $198,467 |
| Gifts, grants, contributions, and membership fees received | $10,000 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $188,467 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $198,467 |
| Public support | $198,467 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
| G R A S P Inc in Sarasota, FL |
Harvest Tabernacle Of Sarasota Inc in Sarasota, FL
  |
|
Eternal Bread Of Life Outreach Ministry Inc, Neil Mcarthur Pastor in Sarasota, FL
|
|
Zimmer Family Foundation Inc in Sarasota, FL
|
|
Hannahs Homeless Inc in St Petersburg, FL
|
|
Hope Chapel Inc in Estero, FL
|
|
Veteran Enforcers Motorcycle Association Vema in Jacksonville, FL
|
|
Helping Hands Of Christ Ministries Inc in Lake Wales, FL
|
|
Knights Of Columbus, Knights Of Columbus 7210 St Anne Council in Ruskin, FL
|
|
Child Survivors Hidden Children Of The Holocaust Inc in Boynton Beach, FL
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Wrangell Institute For Science And Environment | Hc 60 Box 338a, Copper Center, AK 99573-9705 | AK | 2002-03 | $130,778 |
| 2 | Swift Foundation | 1157 Coast Village Road Ste A, Santa Barbara, CA 93108 | CA | 2002-08 | $12,840,145 |
| 3 | Micronesia Conservation Trust | Pohnpei Fm 96941, Kolonia | international | 2010-07 | $4,949,455 |
| 4 | Butler Outdoor Education Fund | C/O Dhru Patel Amin 60 Cuttermill, Great Neck, NY 11021 | NY | 2013-01 | $1,740,000 |
| 5 | Seaworld & Busch Gardens Conservation Fund | 9205 South Park Center Loop, Orlando, FL 32819-8651 | FL | 2003-09 | $1,099,131 |
| 6 | Lake Tahoe Conservation Fund, The Tahoe Fund | Po Box 7124, Tahoe City, CA 96145 | CA | 2010-11 | $869,779 |
| 7 | Ajp Educational Foundation Inc | 10101 S Roberts Rd, Palos Hills, IL 60465-1556 | IL | 2010-03 | $824,710 |
| 8 | Omaha Parks Foundation Inc | 1819 Farnam Street Suite 701, Omaha, NE 68183 | NE | 2011-01 | $808,726 |
| 9 | The Hoosier Environmental Council Inc | 3951 N Meridian St Ste 100, Indianapolis, IN 46208-4062 | IN | 1985-05 | $695,014 |
| 10 | Savannah Ocean Exchange | 480 Butler Ave, Savannah, GA 31406-8825 | GA | 2011-05 | $572,632 |
| 11 | Siesta Beach Festival Inc | 5118 Ocean Blvd, Sarasota, FL 34242 | FL | 2012-09 | $198,467 |
| 12 | Boca Developers Foundation Inc | 321 E Hillsboro Blvd, Deerfield Bch, FL 33441-3539 | FL | 2007-07 | $144,696 |
| 13 | Jose Wejebe-Spanish Fly Memorial Foundation Inc | PO BOX 420661, Summrlnd Key, FL 33042-0661 | FL | 2013-02 | $47,136 |
| 14 | Florida Keyskeeper Inc | PO BOX 4205, Key West, FL 33041-4205 | FL | 2011-04 | $25,521 |
| 15 | Friends Of Lake Griffin State Park | 5089 Us Hwy 441/27, Fruitland Park, FL 34731 | FL | 2013-01 | $9,799 |
| 16 | Africa-Diaspora Partnership For Empowerment & Development Inc | 17303 Sw 80th Place, Palmetto Bay, FL 33157 | FL | 2005-01 | $0 |
| 17 | Clean Water For Life Inc | 6095 Bella Rosa Lane Unit 102, Vero Beach, FL 32966 | FL | 2014-12 | $0 |
| 18 | Cutts Foundation For Bee Research Inc | 1394 County Rd 283 S Bldg 4, Santa Rosa Beach, FL 32459 | FL | 2015-01 | $0 |
| 19 | Englewood Beach Waterfest Inc | 601 South Indiana Ave, Englewood, FL 34223 | FL | 2015-04 | $0 |
| 20 | Friends Of Baker Park | 220 Gulf Shore Blvd N, Naples, FL 34102 | FL | 2014-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 188 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Siesta Beach Festival Inc »
Non-representatives - add comments about Siesta Beach Festival Inc»