GASPARILLA FESTIVAL OF THE ARTS INC

EIN: 237112792 501(c)(3) Arts, Culture & Humanities

TAMPA, FL

Total Revenue
$623,686
Total Expenses
$592,855
Total Assets
$360,273
Net Assets
$360,273
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
FL
Principal Officer
ALEXIS MOOTOO
Phone
8138761747
Tax Period
2024-06-01 to 2025-05-31

GASPARILLA FESTIVAL OF THE ARTS INC, founded in 1971, is a small nonprofit in the Arts, Culture & Humanities sector that reported $624K in total revenue in fiscal year 2024. Expenses of $593K left a modest 5% surplus.

Mission

THE GASPARILLA FESTIVAL OF THE ARTS, INC. IS DEDICATED TO PRODUCING AN ANNUAL PREMIER JURIED OUTDOOR ART FESTIVAL FOR THE ENJOYMENT OF OUR PATRONS, ARTISTS AND GUESTS AND THE ENHANCEMENT OF THE TAMPA BAY AREA'S CULTURAL ARTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $348,651
Program Service Revenue $268,271
Investment Income $6,764
Other Revenue $0
TOTAL REVENUE $623,686

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $581,156
Other Expenses $577,855
TOTAL EXPENSES $592,855

Year-over-Year Comparison

2024 2023 Change
Revenue $623,686 $602,666 +0.0%
Expenses $592,855 $593,181 0.0%
Net Income $30,831 $9,485 +2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
350

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE ARMSTRONG MEMBER 1.00
Director
$0 $0 $0
SEAN BEVIL MEMBER 1.00
Director
$0 $0 $0
BERNADETTE CASEY MEMBER 1.00
Director
$0 $0 $0
REBECCA HAGEN MEMBER 1.00
Director
$0 $0 $0
TARA KNAUSS-WILGA MEMBER 1.00
Director
$0 $0 $0
JACOB LABUTKA MEMBER 1.00
Director
$0 $0 $0
ERIC PAGE MEMBER 1.00
Director
$0 $0 $0
EMILY SHRIDER MEMBER 1.00
Director
$0 $0 $0
SANDRA SROKA MEMBER 1.00
Director
$0 $0 $0
MAXINE STULL MEMBER 1.00
Director
$0 $0 $0
JENNIFER VERSAGGI MEMBER 1.00
Director
$0 $0 $0
JEFFERY NADER PRESIDENT 2.00
Officer
$0 $0 $0
ALEXIS MOOTOO VICE PRESIDENT 2.00
Officer
$0 $0 $0
CYNTHIA BANUA SECRETARY 2.00
Officer
$0 $0 $0
JOY C JANSEN TREASURER 2.00
Officer
$0 $0 $0
KAREN PRICE PAST PRESIDENT 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $623,686 $592,855 $360,273 $30,831
2024 $602,666 $593,181 $329,442 $9,485
2023 $580,155 $553,065 $319,957 $27,090
2022 $483,953 $425,856 $292,867 $58,097
2021 $255,714 $242,304 $234,770 $13,410
2020 $379,549 $381,139 $221,360 $-1,590
2019 $290,386 $277,532 $223,800 $12,854
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