Overview
What is Siesta Beach Festival Inc?
Siesta Beach Festival Inc, located in Sarasota, Florida, is a non-profit organization dedicated to boosting tourism and local businesses by fostering partnerships within the community and local non-profits. They achieve this goal through an annual sand sculpture festival, ranked as the top beach in the US. The festival showcases the work of over 24 professional sculptors and draws approximately 40,000 visitors. Although the event was postponed in 2020 due to the Covid-19 pandemic, the festival typically operates as a collaborative platform for art, tourism, and community engagement.
Official website here: www.siestakeycrystalclassic.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Siesta Beach Festival Inc has received an 83% rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is entirely based on its Accountability & Finance score, demonstrating the organization’s commitment to maintaining transparency and responsible financial management.
The nonprofit showcases strengths in several areas, including having a fully independent board and no material diversion of assets, both of which contribute positively to its overall score. Their program expense ratio stands at 81.81%, signifying that a significant portion of their funds is directed towards their programs rather than administrative costs.
However, there are some areas for improvement, particularly regarding governance policies. The organization lacks a whistleblower policy and a document retention and destruction policy, which are essential for enhancing accountability and protecting stakeholders. While the absence of these policies does not diminish their overall performance, addressing these gaps could further strengthen their operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Siesta Beach Festival Inc?
90% of 108 reviewers on Facebook recommend Siesta Beach Festival Inc. Here is a summary of their reviews:
Many attendees highlight the festival as a wonderful experience, praising the impressive sand sculptures and the diverse range of vendors and food options available. Live music also receives positive mentions, adding to the event's enjoyable atmosphere. Overall, patrons appreciate the talent showcased and the lively ambiance, making it a highly recommended event for both locals and visitors.
The overall sentiment reflects a strong enthusiasm for the festival, with many suggesting it’s an excellent outing for families and friends seeking entertainment and unique artistic displays.
This AI summary has been generated from reviews found on Facebook.
Is Siesta Beach Festival Inc legitimate?
Siesta Beach Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Siesta Beach Festival Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Official website here: www.siestakeycrystalclassic.com/
What is the mission statement of Siesta Beach Festival Inc?
The Siesta Beach Festival Inc, in its mission, aims to boost tourism and local businesses by forging a cooperative bond with the community and local non-profit organizations. This is done through an annual sculpture festival, which showcases over two dozen professional sculptors and attracts approximately 40,000 visitors. The festival's primary goal is to host a master sand sculpting event, with the intention of promoting cultural and artistic appreciation. Due to the global pandemic, the event was temporarily halted in 2020. The festival's mission is geared towards supporting the local economy and fostering community engagement.
Official website here: www.siestakeycrystalclassic.com/
Who is the CEO of Siesta Beach Festival Inc?
Unavailable
Official website here: www.siestakeycrystalclassic.com/
What is the revenue of Siesta Beach Festival Inc?
Siesta Beach Festival Inc's revenue in 2022 was $3.
Official website here: www.siestakeycrystalclassic.com/
Who are the executives of Siesta Beach Festival Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.siestakeycrystalclassic.com/
Where can I find the form 990EZ for Siesta Beach Festival Inc?
Siesta Beach Festival Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.siestakeycrystalclassic.com/
Learn more at the official website: www.siestakeycrystalclassic.com/
Mission Statement of Siesta Beach Festival Inc
The Siesta Beach Festival Inc, a non-profit organization, is dedicated to fostering tourism and supporting local businesses by establishing a harmonious alliance with the community and local non-profit entities. This alliance is materialized through an annual sculpture festival, which takes place on the nation's top-rated beach. The core event of the festival is a master sand sculpting exhibition, showcasing over two dozen professional sculptors and attracting approximately 40,000 visitors. Regrettably, due to the Covid-19 pandemic, the festival was not held in 2020. The Siesta Beach Festival Inc, based in Florida, aims to promote itself as a collaborative platform that celebrates art, attracts tourists, and boosts local businesses.
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Impact
June, 2024
Siesta Beach Festival Inc's impact is significant in promoting tourism, supporting local businesses, and fostering community engagement through its annual sculpture festival held on the renowned #1 beach in the US. By partnering with the community and local non-profit organizations, the festival brings together over 24 professional sculptors to showcase their talent and attract around 40,000 visitors. This event not only boosts the local economy but also creates a platform for artists to display their skills and creativity. Despite the challenges posed by the Covid-19 pandemic, Siesta Beach Festival Inc continues to be a key player in promoting the arts, supporting the community, and showcasing the beauty of Sarasota, FL.
This information is meant to be a general summary of Siesta Beach Festival Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3
- Gross Receipts: $3
Assets and Liabilities:
- Total Assets: $15,070
- Total Liabilities: $0
- Net Assets: $15,070
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Organization Details
Phone
(941) 349-3800Main Address
5114 OCEAN BLVD, SARASOTA, FL, 34242
NTEE Category
Code: C12 - Environment
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