CASA DEL HERRERO

EIN: 770340301 501(c)(3)

SANTA BARBARA, CA

Total Revenue
$2,412,690
Total Expenses
$1,392,949
Total Assets
$7,827,700
Net Assets
$7,731,601
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
CA
Principal Officer
MARTY MCDERMUT
Phone
8055655653
Tax Period
2024-01-01 to 2024-12-31

CASA DEL HERRERO, founded in 1993, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 235% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 42% operating margin.

Mission

CASA DEL HERRERO'S MISSION IS TO MAINTAIN, PRESERVE AND RESTORE THE HOUSE, FURNISHINGS, GARDENS AND HISTORY OF THE STEEDMAN/BASS ESTATE FOR THE BENEFIT OF THE COMMUNITY, VISITING PUBLIC, SCHOLARS, EDUCATORS AND STUDENTS.

Program Service Accomplishments

Program 1
Expenses: $820,588 Revenue: $159,658

WHEN VISITORS COME TO CASA DEL HERRERO, OR THE "HOUSE OF THE BLACKSMITH", THEY ARE TRANSPORTED BACK TO MONTECITO IN THE 1920'S AND 1930'S - THE HEYDAY OF THE ORIGINAL OWNER GEORGE FOX STEEDMAN...

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WHEN VISITORS COME TO CASA DEL HERRERO, OR THE "HOUSE OF THE BLACKSMITH", THEY ARE TRANSPORTED BACK TO MONTECITO IN THE 1920'S AND 1930'S - THE HEYDAY OF THE ORIGINAL OWNER GEORGE FOX STEEDMAN. DESIGNED BY GEORGE WASHINGTON SMITH, THE CASA IS ONE OF THE FINEST EXAMPLES OF SPANISH COLONIAL REVIVAL ARCHITECTURE IN AMERICA. IT IS INLCUDED ON THE NATIONAL REGISTER OF HISTORIC PLACES AND MAINTAINS NATIONAL HISTORIC LANDMARK STATUS IN PART DUE TO ITS ECLECTIC MIX OF COUNTRY PLACE ARA AND MOORISH INSPIRED GARDENS CREATED BY RALPH STEVENS, LOCKWOOD DE FOREST, AND FRANCIS T. UNDERHILL. TODAY, THE 11-ACRE ESTATE OPERATES WITH THE GOAL OF PRESERVING THE HOUSE AND GROUNDS, AS WELL AS THE STEEMAN FAMILY'S COLLECTION OF FIFTEENTH AND SIXTEENTH-CENTURY FINE AND DECORATIVE ART OBJECTS FROM THE "GOLDEN AGE" OF SPAIN, BOOKS, SKETCHBOOKS, DRAWINGS, AND HORTICULTURAL RECORDS. CASA DEL HERRERO IS PRESERVED AND STEWARDED FOR THE BENEFIT OF THE COMMUNITY. IN A TYPICAL YEAR, CASA DEL HERRERO IS VISITED BY MORE THAN 2,500 PEOPLE, WHICH INCLUDES INDIVIDUALS TAKING THE GUIDED TOUR, SCHOOL CHILDREN ,AND LIFELONG LEARNERS. VISITORS ON THE GUIDED TOUR INLCUDE THE MONTECITO AND GREATER SANTA BARARA COMMUNITIES IN ADDITION TO THE INDIVIDUALS VISITING FROM THROUGHOUT THE UNITED STATES, AND BEYOND. NINETY MINUTE TOURS ARE AVAILABLE ON WEDNESDAYS AND SATURDAYS AT 10:00 A.M. AND 2:00 P.M., AND REQUIRE ADVANCED RESERVATIONS.CHILDREN HAVE THE BENEFIT OF LEARNINGS ABOUT THE HISTORY OF THE HOUSE, THE ART COLLECTION, AND GARDEN PLANTS THROUGH SCHOOL FIELD TRIPS WHILE LIFELONG LEARNERS ARE OFTEN COMPRISED OF GARDEN ENTHUSASITS AND ARTISANS. TWENTY-ONE VOLUNTEERS PROVIDE A GREAT BENEFIT GIVING MORE THAN 1,000 HOURS TO SUPPORT CASA'S NEEDS INCLUDING LEADING THE GUIDED TOURS, AND PROVDING GARDEN MAINTENANCE. IN ADDIITON, FRUIT FROM THE CASA'S EXTENSIVE ORCHARD IS GIVEN TO THE FOODBANK OF SANTA BARBARA COUNTY AS PART OF ITS BACKYARD BOUNTY PROGRAM. WITH MORE THAN 500 POUNDS OF FRUIT GLEANED AT A TIME, THE CASA IS CONTRIBUTING THOUSANDS OF POUNDS OF PRODUCE TO THE ONE IN FOUR INDVIDUALS EXPERIENCING FOOD INSECURITY THROUGHOUT SANTA BARBARA COUNTY.ADDITIONALLY, COMMUNITY OUTREACH WAS PROVIDED THROUGH THE YEAR IN THE FORM OF DONOR ENGAGEMENT, MEMBERSHIP, EVENT INVITATIONS, PUBLICITY AND ADVERTISING, AND COMMUNITY PRESENTATIONS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,042,436
Program Service Revenue $159,658
Investment Income $126,062
Other Revenue $84,534
TOTAL REVENUE $2,412,690

Expense Breakdown

Grants Paid $0
Salaries & Benefits $970,727
Fundraising Expenses $136,767
Program Expenses $820,588
Other Expenses $422,222
TOTAL EXPENSES $1,392,949

Year-over-Year Comparison

2024 2023 Change
Revenue $2,412,690 $720,809 +2.3%
Expenses $1,392,949 $982,933 +0.4%
Net Income $1,019,741 $-262,124 -4.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
15
Volunteers
96

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
4
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSIE RAFFERTY EXEC. DIRECTOR 40.00
$109,626 $0 $109,626
SUSAN BUDINGER Trustee 1.00
Director
$0 $0 $0
ELIZABETH ESREY President 1.00
Officer Director
$0 $0 $0
MARTY MCDERMUT Treasurer 5.00
Officer Director
$0 $0 $0
CAROLYN WILLIAMS Trustee 1.00
Director
$0 $0 $0
JAMI VOULGARIS Trustee 1.00
Director
$0 $0 $0
HEATHER BILES Trustee 2.50
Director
$0 $0 $0
ISABEL WENDT Vice President 1.00
Officer Director
$0 $0 $0
ALBERT P HINCKLEY JR Trustee 1.00
Director
$0 $0 $0
MILES HARTFELD Trustee 1.00
Director
$0 $0 $0
MARI MCALISTER Secretary 1.00
Officer Director
$0 $0 $0
KEVIN O'TOOLE Trustee 1.00
Director
$0 $0 $0
MONICA SAFAPOUR Trustee 1.00
Director
$0 $0 $0
JENNA REICHENTAL Trustee 2.00
Director
$0 $0 $0
ANNALISA HINCKLEY SAVIN Trustee 1.00
Director
$0 $0 $0
KATHERINE PHARIBE WISE Trustee 1.00
Director
$0 $0 $0
NATHAN VONK Trustee 1.00
Director
$0 $0 $0
MARC GELINAS Trustee 1.00
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
2024 $2,412,690 $1,392,949 $7,827,700 $1,019,741
2023 $720,809 $982,933 $6,289,371 $-262,124
2022 $454,522 $647,781 $5,937,822 $-193,259
2021 $812,569 $706,922 $6,907,545 $105,647
2020 $948,672 $621,755 $6,426,224 $326,917
2019 $659,442 $710,312 $5,899,129 $-50,870
2018 $603,545 $621,449 $5,415,426 $-17,904
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