REALIZE BRADENTON INC

EIN: 271330078 501(c)(3) Arts, Culture & Humanities

BRADENTON, FL

Total Revenue
$815,643
Total Expenses
$777,179
Total Assets
$438,604
Net Assets
$400,433
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
FL
Principal Officer
KAREN CORBIN
Phone
9413018445
Tax Period
2023-10-01 to 2024-09-30

REALIZE BRADENTON INC, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $816K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $777K left a modest 5% surplus.

Mission

WE TRANSFORM PUBLIC PLACES AND ENGAGE PEOPLE WITH ARTS, CULTURE, HERITAGE & FOOD TO BUILD A VIBRANT, HEALTHY BRADENTON. BRINGING PEOPLE TOGETHER, OUR WORK RESULTS IN SOCIAL, PHYSICAL & ECONOMIC REVITALIZATION AND SHAPES A COMMUNITY WHERE PEOPLE WANT TO LIVE, WORK & VISIT.

Program Service Accomplishments

Program 1
Expenses: $477,510

IMPROVE DOWNTOWN CULTURAL VITALITY AND ATTRACT REDEVELOPMENT-CREATIVE PLACEMAKING ISOUR KEY STRATEGY TO TRANSFORM PUBLIC PLACES AND INVOLVE PEOPLE OF ALL AGES AND BACKGROUNDS TO BUILD SOCIAL...

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IMPROVE DOWNTOWN CULTURAL VITALITY AND ATTRACT REDEVELOPMENT-CREATIVE PLACEMAKING ISOUR KEY STRATEGY TO TRANSFORM PUBLIC PLACES AND INVOLVE PEOPLE OF ALL AGES AND BACKGROUNDS TO BUILD SOCIAL CONNECTIONS, GROW CIVIC PRIDE, AND BOOST COMMUNITY DEVELOPMENT ON AN ANNUAL BASIS. REALIZE BRADENTON CONDUCTS APPROXIMATELY 50 EVENTS, WHICH BRING OVER 115,000 PEOPLE DOWNTOWN. THESE INCLUDE THE BRADENTON PUBLIC MARKET, BLUES FESTIVAL, BLUES FESTIVAL BRUNCHES, MUSIC IN THE PARK CONCERTS, AND CHILDREN'S BOOK FAIR. ADDITIONAL WAYS WE BRING PEOPLE DOWNTOWN IS PROMOTING PUBLIC ART, HISTORIC PANELS, WALKING TOURS, PIRATES PEP RALLIES, BLUES IN THE SCHOOLS, CULINARY EVENTS, AND EDUCATIONAL PROGRAMS AT THE PUBLIC MARKET. THESE OFFERINGS DRIVE INTEREST AND SPENDING TO LOCAL BUSINESSES, FARMERS, ARTISTS, MUSICIANS, AND CULTURAL NONPROFIT ORGANIZATIONS.

Program 2
Expenses: $105,000

IMPROVE BRANDING, MARKETING, ACCESS, AND COLLABORATION - PLACE BRANDING OF DOWNTOWN INCREASES THE RECOGNITION OF BRADENTON AS A PREFERRED DESTINATION FOR RESIDENTS, VISITORS, BUSINESSES, AND...

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IMPROVE BRANDING, MARKETING, ACCESS, AND COLLABORATION - PLACE BRANDING OF DOWNTOWN INCREASES THE RECOGNITION OF BRADENTON AS A PREFERRED DESTINATION FOR RESIDENTS, VISITORS, BUSINESSES, AND INVESTORS. OUR BRANDING WORK POSITIVELY POSITIONS BRADENTON TO COMPETE IN AN INCREASINGLY COMPETITIVE ENVIROMENT. TO DO SO, REALIZE BRADENTON INFORMS AND ENGAGES APPROXIMATELY 40,000 PEOPLE A MONTH USING PRINT, SOCIAL MEDIA, AND IN-PERSON STRATEGIES TO PROMOTE THE PHYSICAL, CULTURAL, HISTORIC, CULINARY, AND SOCIAL ASSETS OF THE COMMUNITY. AN INITIATIVE CALLED "WALK BRADENTON" IS A BUSINESS DEVELOPMENT TOOL THAT GETS PEOPLE TO WALK THROUGHOUT DOWNTOWN USING A MOBILE RESPONSIVE WEBSITE. THE GPS-ENABLED SITE SHOWCASES 70 PUBLIC ARTWORKS, 35 HISTORY SITES, AND 170 PLACES TO EAT, SHOP, STAY, AND PLAY. "WALK BRADENTON" REACHED 225,000 PEOPLE.

Program 3
Expenses: $89,922

INCREASE OUTREACH AND CAPACITY BUILDING - OUR CIVIC ENGAGEMENT STRATEGIES REACH PEOPLE OF ALL AGES AND BACKGROUNDS TO POSITIVELY CONTRIBUTE TO THE BRADENTON COMMUNITY, AS WELL AS THEIR PERSONAL...

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INCREASE OUTREACH AND CAPACITY BUILDING - OUR CIVIC ENGAGEMENT STRATEGIES REACH PEOPLE OF ALL AGES AND BACKGROUNDS TO POSITIVELY CONTRIBUTE TO THE BRADENTON COMMUNITY, AS WELL AS THEIR PERSONAL WELLNESS AND PROFESSIONAL DEVELOPMENT. INNOVATIVE INITIATIVES INCLUDE:(1) START-UP CIRCLE FOR ENTREPRENEURS; (2) "COOK TOGETHER" WHICH OFFERS NUTRITIOUS COOKING SESSIONS WITH LOCAL CHEFS FOR CHILDREN USING LOCAL PRODUCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $468,125
Program Service Revenue $345,413
Investment Income $27
Other Revenue $2,078
TOTAL REVENUE $815,643

Expense Breakdown

Grants Paid $0
Salaries & Benefits $335,085
Fundraising Expenses $0
Program Expenses $672,432
Other Expenses $442,094
TOTAL EXPENSES $777,179

Year-over-Year Comparison

2023 2022 Change
Revenue $815,643 $868,136 -0.1%
Expenses $777,179 $732,940 +0.1%
Net Income $38,464 $135,196 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
7
Volunteers
100

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
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALISA CRATON CHAIR/TREASURER 2.00
Officer Director
$0 $0 $0
BRAD LAUDICINA VICE CHAIR 2.00
Officer Director
$0 $0 $0
JEANIE KIRKPATRICK Director 2.00
Director
$0 $0 $0
MARISA POWERS Director 2.00
Director
$0 $0 $0
CRAIG WARZECHA Director 2.00
Director
$0 $0 $0
JAMES FURO Director 2.00
Director
$0 $0 $0
VICTORIA BARTLETT Director 2.00
Director
$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 No data No data No data No data
2024 $815,643 $777,179 $438,604 $38,464
2023 $868,136 $732,940 $464,310 $135,196
2022 $659,004 $872,559 $471,772 $-213,555
2021 $957,046 $899,347 $630,233 $57,699
2020 $953,418 $910,899 $635,952 $42,519
2019 $989,319 $975,209 $568,242 $14,110
2018 $1,097,356 $986,733 $530,516 $110,623
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