Winterfest INC FY2022 filing

Not tax-deductible

Ft Lauderdale, FL501(c)(4)Since 1988 EIN 65-0059092Revenue $1.8M in FY2022

On file with the IRSwinterfestparade.com512 Ne 3rd Ave, 33301-3236 · Ft Lauderdale, FLTax-exempt since May 1990

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To provide quality, wholesome family entertainment while creating national attention for the Greater Fort Lauderdale destination. Most significant activity is the Seminole Hard Rock Winterfest

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
90¢ of each $1 spent went to programs.
$163K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $150K a year · 8% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$163K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
10 mo
of spending, in cash
Looks good: 10.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$279K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
47
of 47 voting members
Looks good: 47 of 47 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+169% vs prior year
Spent
$1.4M
To programs
90%
Net assets
$1.2M
By yearFY2021–FY2026
Revenue
$1.8M
FY2022▲ +169%
Tap a bar for its year
Revenue by fiscal year
FY2021$653K
FY2022$1.8M
FY2023$2.0M
FY2024$2.1M
FY2025$2.2M
FY2026$2.1M
Expenses
$1.4M
FY2022▲ +112%
Tap a bar for its year
Expenses by fiscal year
FY2021$674K
FY2022$1.4M
FY2023$1.9M
FY2024$1.7M
FY2025$2.2M
FY2026$2.0M
Net assets
$1.2M
FY2022▲ +37%
Tap a bar for its year
Net assets by fiscal year
FY2021$880K
FY2022$1.2M
FY2023$1.3M
FY2024$1.7M
FY2025$1.7M
FY2026$1.8M

From the FY2022 Form 990 (year ending January 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in May 1990.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $1.3M Management & general 10% · $141K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

48 people listed on the 990; $163K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President/CEO
$163,031Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2026FY2025FY2024FY2023FY2022FY2021
Lisa B Scott-Founds$206,863$209,034$216,948$219,448$163,031$187,891

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Entertains families and promotes Fort Lauderdale through events like the Winterfest Boat Parade.

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Provided by the organization

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1 program · $1.2M · in their own filed words · FY2021
01

Winterfest's main program event is the Fort Lauderdale Boat Parade. The purpose is to promote the Greater Fort Lauderdale area. The Boat Parade provides a major holiday event with an estimated attendance of 1 million and local and national media coverage.

$1.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.4M
Other incomeLn 4–11$338K
Investment incomeLn 3$53
Money outPt IX
$1.4M
Ln 25
Programscol B$1.3M
Managementcol C$141K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.5M
LiabilitiesLn 26$279K
PeoplePt VI, VII
48
listed · VII A
PaidVII A1
Voting boardVI 1a47
IndependentVI 1b47
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.4M
Investment incomeLn 3$53
Other incomeLn 4–11$338K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$971K
SavingsLn 2$232K
Cash and savings togetherLn 1–2$1.2M
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$1.5M
LiabilitiesLn 26$279K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 53
VolunteersI 6300
Fiscal year endsHeaderJanuary
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$817K$1.2M
Land, buildings, equipmentLn 10c$3K$3K
Total assetsLn 16$913K$1.5M
LiabilitiesLn 26$33K$279K
Net assetsLn 32$880K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$720$720
Pay of current officers, directors and key staffLn 5$163K$147K$16K$0
Other salaries and wagesLn 7$160K$136K$24K$0
Pension plan contributionsLn 8$10K$8K$1K$0
Other employee benefitsLn 9$48K$42K$6K$0
Payroll taxesLn 10$24K$21K$3K$0
Legal feesLn 11b$525$0$525$0
Accounting feesLn 11c$6K$0$6K$0
Other fees for servicesLn 11g$16K$16K$0$0
Advertising and promotionLn 12$92K$92K$0$0
Office expensesLn 13$79K$9K$70K$0
Information technologyLn 14$20K$20K$0$0
OccupancyLn 16$23K$20K$3K$0
TravelLn 17$10K$10K$0$0
Conferences, conventions and meetingsLn 19$49K$46K$3K$0
Depreciation, depletion and amortizationLn 22$2K$0$2K$0
InsuranceLn 23$6K$4K$2K$0
Other expenses (24a–d)Ln 24$676K$672K$5K$0
All other expensesLn 24e$47K$47K$0$0
Total functional expensesLn 25$1.4M$1.3M$141K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $2.1M$2.0M$82K$1.8M 990 PDF
FY2025 $2.2M$2.2M$19K$1.7M 990 PDF
FY2024 $2.1M$1.7M$382K$1.7M 990 PDF
FY2023 $2.0M$1.9M$112K$1.3M 990 PDF
FY2022 Viewing $1.8M$1.4M$328K$1.2M 990 PDF
FY2021 $653K$674K−$21K$880K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $1,759,232 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $576,240$1,421,072
I-10 Investment incomePrior year $85$53
I-11 Other revenuePrior year $76,970$338,107
I-12 Total revenuePrior year $653,295$1,759,232
I-13 Grants and similar amounts paidPrior year $200$720
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $466,213$404,523
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $208,069$1,026,421
I-18 Total expensesPrior year $674,482$1,431,664
I-19 Revenue less expensesPrior year −$21,187$327,568
Part VI · Governance 47 of 47 board members independent, 3 to look at
VI-1a Voting members of the governing body47
VI-1b Independent voting members47
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,759,232 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$1,421,072
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $53$53
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $338,107$338,107
VIII-12 Total revenueRelated to mission $1,421,072 · Unrelated business $0 · Excluded from tax $338,160$1,759,232
Part IX · Statement of functional expenses $1,431,664 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $720$720
IX-5 Pay of current officers, directors and key staffPrograms $147,047 · Management $16,339 · Fundraising $0$163,386
IX-7 Other salaries and wagesPrograms $135,623 · Management $23,934 · Fundraising $0$159,557
IX-8 Pension plan contributionsPrograms $8,360 · Management $1,191 · Fundraising $0$9,551
IX-9 Other employee benefitsPrograms $41,648 · Management $5,934 · Fundraising $0$47,582
IX-10 Payroll taxesPrograms $21,398 · Management $3,049 · Fundraising $0$24,447
IX-11b Legal feesPrograms $0 · Management $525 · Fundraising $0$525
IX-11c Accounting feesPrograms $0 · Management $6,000 · Fundraising $0$6,000
IX-11g Other fees for servicesPrograms $15,574 · Management $0 · Fundraising $0$15,574
IX-12 Advertising and promotionPrograms $92,051 · Management $0 · Fundraising $0$92,051
IX-13 Office expensesPrograms $8,986 · Management $70,023 · Fundraising $0$79,009
IX-14 Information technologyPrograms $19,678 · Management $0 · Fundraising $0$19,678
IX-16 OccupancyPrograms $19,556 · Management $3,184 · Fundraising $0$22,740
IX-17 TravelPrograms $10,299 · Management $0 · Fundraising $0$10,299
IX-19 Conferences, conventions and meetingsPrograms $45,885 · Management $3,020 · Fundraising $0$48,905
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $1,716 · Fundraising $0$1,716
IX-23 InsurancePrograms $4,121 · Management $1,852 · Fundraising $0$5,973
IX-24 Other expenses (24a–d)Programs $671,895 · Management $4,581 · Fundraising $0$676,476
IX-24e All other expensesPrograms $47,475 · Management $0 · Fundraising $0$47,475
IX-25 Total functional expensesPrograms $1,290,316 · Management $141,348 · Fundraising $0$1,431,664
Part X · Balance sheet $1,486,701 assets, 12 lines filed
Asset lines not itemized here account for $428; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $584,886$971,146
X-2 Savings and temporary cash investmentsStart of year $232,197$232,075
X-4 Accounts receivableStart of year $79,000$240,492
X-9 Prepaid expenses and deferred chargesStart of year $13,718$39,923
X-10c Land, buildings and equipment, netStart of year $3,273$2,637
X-16 Total assetsStart of year $913,082$1,486,701
X-17 Accounts payable and accrued expensesStart of year $32,836$48,887
X-19 Deferred revenue$230,000
X-26 Total liabilitiesStart of year $32,836$278,887
X-27 Net assets without donor restrictionsStart of year $880,246$1,207,814
X-32 Total net assets or fund balancesStart of year $880,246$1,207,814
X-33 Total liabilities and net assetsStart of year $913,082$1,486,701
Part XI · Reconciliation of net assets $1,207,814 net assets at year end
XI-1 Total revenue$1,759,232
XI-2 Total expenses$1,431,664
XI-3 Revenue less expenses$327,568
XI-4 Net assets at start of year$880,246
XI-10 Net assets at end of year$1,207,814

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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