Great Gulfcoast Arts Festival Inc
- Assets
- $134.3k
- Revenue
- $191.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Pensacola, FL
- Founding
- 12/1988
- Data as of
- 12/2021
- EIN
- 59-2884632
Organization Overview
Great Gulfcoast Arts Festival Inc is located in Pensacola, FL. The organization was established in 1988. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Great Gulfcoast Arts Festival 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 12/2021, Great Gulfcoast Arts Festival Inc generated $191.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $193.3k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF OUR ORGANIZATION IS TO PUT ON A HIGH QUALITY ARTS FESTIVAL FOR THE NORTHWEST FLORIDA AREA. THE FESTIVAL OCCURS THE FIRST WEEKEND OF NOVEMBER AND RUNS FOR 3 DAYS. (CONTINUED ON SCH O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
VISUAL ARTS FESTIVAL: PROVIDES A HIGH QUALITY JURIED ART SHOW TO THE NORTHWEST FLORIDA AREA. MORE THAN 200,000 PEOPLE ATTENDED THE THREE DAY EVENT THAT SHOWCASED PROFESSIONAL ARTISTS FROM ALL OVER THE NATION. APPROXIMATELY 220 ARTISTS PARTICIPATED.
CHILDREN'S ART SHOW INCLUDES ARTWORK CREATED BY LOCAL MIDDLE SCHOOL TO HIGH SCHOOL STUDENTS. AN ESTIMATED 500 STUDENTS PARTICIPATED IN THE SHOW. A "CHALLENGE DAY" GAVE AN ESTIMATED 300 SPECIAL NEEDS CHILDREN AN OPPORTUNITY TO CREATE THEIR OWN CREATIVE ART EXPERIENCE.
HERITAGE ARTS SHOW INCLUDES ARTISTS DEMONSTRATING CRAFTS OF THE PAST. POPULAR DEMONSTRATIONS INCLUDED A BLACKSMITH, BASKET WEAVING, QUILT MAKING AND CONSTRUCTION OF WOOD ROCKING CHAIRS. ESTIMATED ATTENDANCE WAS 150,000 PEOPLE WITH 40 ARTISTS PARTICIPATING.
OTHER PROGRAM SERVICE INCLUDE A PERFORMING ARTS STAGE THAT INVITES LOCAL AND REGIONAL DANCERS TO PERFORM. ADDITIONALLY, OUR STUDENT ART SHOW BROUGHT IN STUDENT ARTWORK FROM BOTH ELEMENTARY AND HIGH SCHOOL STUDENTS. OUR MUSICAL STAGE ALSO BROUGHT IN VARIOUS LOCAL AND OUT OF STATE PERFORMERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Buck Mitchell President | Officer | 15 | $0 |
Jay Gazani Vice President | Officer | 10 | $0 |
Karen Dyess Treasurer | Officer | 10 | $0 |
Claudine Kriss Secretary | Officer | 4 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $159,179 |
| Investment income | $41 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $32,552 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,772 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,336 |
| Grants and other assistance to domestic individuals. | $39,475 |
| 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 | $0 |
| 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 | $4,385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,067 |
| Advertising and promotion | $4,902 |
| Office expenses | $25,317 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,275 |
| Travel | $858 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $325 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,267 |
| All other expenses | $34,342 |
| Total functional expenses | $193,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,876 |
| Savings and temporary cash investments | $79,406 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $43 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $134,325 |
| Accounts payable and accrued expenses | $5,171 |
| 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 | $5,171 |
| Net assets without donor restrictions | $0 |
| 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 | $129,154 |
| Total liabilities and net assets/fund balances | $134,325 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Great Gulfcoast Arts Festival Inc has recieved totaling $22,500.
| Awarding Organization | Amount |
|---|---|
Gulf Winds Credit Union Pensacola, FL PURPOSE: MAJOR CORPORATE SPONSOR | $12,500 |
Meryl & Charles Witmer Charitable Foundation New York, NY PURPOSE: GENERAL USE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of The Four Arts Palm Beach, FL | $121,173,909 | $24,597,391 |
Irma And Norman Braman Art Foundation Miami, FL | $27,200,000 | -$200,000 |
Korean Martial Arts Culture & Education Foundation Inc Hollywood, FL | $530,186 | $4,469,417 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |
Miami Broward One Carnival Host Committee Inc Miami, FL | $499,382 | $2,415,530 |
Artsnow Inc Atlanta, GA | $4,742,407 | $2,526,341 |
Dunedin Fine Arts Cultural Center Inc Dunedin, FL | $9,442,187 | $2,311,828 |
Ocean Reef Cultural Center Inc Key Largo, FL | $38,541,149 | $2,233,554 |
Pensacola Retirement Village Inc Orlando, FL | $4,149,191 | $1,797,373 |
Iris & B Gerald Cantor Foundation Palm Beach, FL | $24,280,811 | $1,163,888 |
Spruill Center For The Arts Inc Atlanta, GA | $6,437,897 | $2,168,968 |