Historical Society Of Sarasota County in Sarasota, Florida (FL)

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Historical Society Of Sarasota County
Employer Identification Number (EIN)596169574
Name of OrganizationHistorical Society Of Sarasota County
AddressPO BOX 1632, Sarasota, FL 34230-1632
ActivitiesMuseum, zoo, planetarium, etc., Historical site, records or reenactment
SubsectionEducational Organization
Ruling Date03/1977
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period04/2014
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$11,878
Amount of Income$57,820
Form 990 Revenue Amount$47,690

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Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$48,683$47,690
Contributions, gifts, grants, and similar amounts received$23,203$20,487
Program service revenue including government fees and contracts$620$3,960
Membership dues and assessments$8,240$11,080
Investment income$0$0
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$7,882$11,220$9,738
Gross income from gaming$0$0$0
Gross income from fundraising events$14,720$16,976
Less: direct expenses from gaming and fundraising events$3,500$7,238
Gross profit/loss from sales of inventory$0$825
Gross sales of inventory, less returns and allowances$0$3,717
Less: cost of goods sold$0$2,892
Other revenue$5,400$1,600
Total expenses$41,997$55,115
Total net assets$21,265$9,178
Excess/Deficit for the year$6,686$-7,425
Net assets or fund balances at beginning of year$271,889$20,673
Other changes in net assets or fund balances$-257,310$-4,070
Net assets or fund balances at end of year$21,265$9,178
Balance Sheets
Total assets$271,889$21,406$11,878
Total liabilities$0$141$2,700
Net assets or fund balances$21,265$9,178
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$0$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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
2010 - 2014 Total
Public Support$129,821
Subtotal Support$129,821
Gifts, grants, contributions, and membership fees received$129,821
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
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$167,587
Public Support$129,821
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$7,000
Other income. Do not include gain or loss from the sale of capital assets$30,766
Gross receipts from related activities, etc.$0
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