Great Gulfcoast Arts Festival Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The purpose of our organization is to put on a high quality arts festival for the Northwest Florida area. The festival occurs the first weekend of November and runs for 3 days. (Continued on Sch O)
- Income
- $275,644
- Spending
- $278,858
- Spent on programs
- 92%
- Reserves
- 6.1 months of spending
- Largest source of income
- fees for its services, 43%
- Employees
- 0
- Volunteers
- 200
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 81 out of 100. Higher than 58% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 6.1 months of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
10 of 15Income fell 8% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 81 out of 100. Higher than 64% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 2520 of 20 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $202,448 spent. Visual Arts Festival: Provides a high quality juried art show to the Northwest Florida area. More than 140,000 people attended the three day event that showcased professional artists from all over the nation. Over 200 artists were invited to exhibit their work. We also had an international artist exhibiting her art and an Emerging Artist program. Our Heritage Arts Show included artists demonstrating their Crafts of the Past. There were 40 artists included in this section.
- $34,017 spent. Other program services include a Performing Arts Stage that invites local and regional dancers to perform. Additionally, our Student Art Show brought in student artwork from both elementary and high school students. Our Musical Stage also brought in various local and out of state performers.
- $13,887 spent. The Arts Festival also includes a separate Childrens Festival where children can participate in many different artistic areas including areas for special needs children.
- $6,000 spent. Revenue includes collection for the Donna Fassett Scholarship.
- Revenue includes collection for the Donna 6000. 6000. 5682.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1988.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.