Stuart Heritage INC FY2023 filing

Tax-deductible

Stuart, FL501(c)(3)Since 1988Arts & CultureEIN 65-0087566

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The purpose of Stuart Heritage is to help preserve the Heritage, artifacts and history of Stuart and its surrounding communities. The countless relics housed by the museum define the history of the people, businesses, agriculture and community spirit of the city of Stuart and martin county.

501(c)(3) charity; gifts are tax-deductible.
$6K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $24K a year · 30% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$6K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
107 mo
of spending, in cash
Looks good: 107.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$862
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 10 voting members
Concern: none of 10 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$96K
+131% vs prior year
Spent
$85K
To programs
0%
Net assets
$766K
By yearFY2020–FY2025
Revenue
$96K
FY2023▲ +131%
Revenue by fiscal year
FY2020$81K
FY2021$102K
FY2022$42K
FY2023$96K
FY2024$61K
FY2025$96K
Expenses
$85K
FY2023▼ -33%
Expenses by fiscal year
FY2020$107K
FY2021$111K
FY2022$127K
FY2023$85K
FY2024$94K
FY2025$96K
Net assets
$766K
FY2023▲ +3%
Net assets by fiscal year
FY2020$815K
FY2021$834K
FY2022$747K
FY2023$766K
FY2024$818K
FY2025$904K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2013-05-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in May 2016.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $85K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $6K paid to officers and key staff.

Part VII, Section A · reportable compensation
Recording Se
$6,336Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A

Barbara Hodapp’s $7K as Recording Se is at the 34th percentile of top reported officer pay among 250 <$100K arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Mary Jones———$35,000$35,000
Barbara Hodapp$6,870$6,993$6,336$4,953$1,913
Rhonda Glass$1,521$4,075———

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.

See Stuart Heritage INC executive salaries →

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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 15aNo

Programs and updates

Preserves the heritage, artifacts, and history of Stuart and its surrounding communities.

Provided by the organization

This section is blank until Stuart Heritage INC claims this page.

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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$10K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$96K
Ln 12
Investment incomeLn 3$75K
Other incomeLn 4–11$18K
Gifts and grantsLn 1h$4K
Money outPt IX
$85K
Ln 25
Managementcol C$85K
Owns and owesPt X
$766K
net assets · Ln 32
Cash and savingsLn 1–2$765K
Total assetsLn 16$767K
LiabilitiesLn 26$862
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4K
Investment incomeLn 3$75K
Other incomeLn 4–11$18K
Total revenueLn 12$96K
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$758K
Cash and savings togetherLn 1–2$765K
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$767K
LiabilitiesLn 26$862
Net assetsLn 32$766K
OperationsPt I, VI
EmployeesI 56
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$746K$765K
Land, buildings, equipmentLn 10c$3K$3K
Total assetsLn 16$748K$767K
LiabilitiesLn 26$2K$862
Net assetsLn 32$747K$766K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$35K$35K
Payroll taxesLn 10$3K$3K
Accounting feesLn 11c$5K$5K
Advertising and promotionLn 12$758$758
Office expensesLn 13$5K$5K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$30K$30K
All other expensesLn 24e$6K$6K
Total functional expensesLn 25$85K$0$85K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $96K$96K$321$904K 990 PDF
FY2024 $61K$94K−$33K$818K 990 PDF
FY2023 Viewing $96K$85K$11K$766K 990 PDF
FY2022 $42K$127K−$85K$747K 990 PDF
FY2021 $102K$111K−$10K$834K 990 PDF
FY2020 $81K$107K−$25K$815K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $96,465 across 5 lines filed
VIII-1b Membership dues$3,740
VIII-1h Total contributions, gifts and grants$3,740
VIII-3 Investment incomeRelated to mission $74,652$74,652
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $18,073$18,073
VIII-12 Total revenueRelated to mission $92,725$96,465
Part IX · Statement of functional expenses $85,393 across 8 lines filed
IX-7 Other salaries and wagesManagement $34,501$34,501
IX-10 Payroll taxesManagement $2,830$2,830
IX-11c Accounting feesManagement $4,891$4,891
IX-12 Advertising and promotionManagement $758$758
IX-13 Office expensesManagement $4,728$4,728
IX-23 InsuranceManagement $1,495$1,495
IX-24 Other expenses (24a–d)Management $30,107$30,107
IX-24e All other expensesManagement $6,083$6,083
IX-25 Total functional expensesPrograms $0 · Management $85,393 · Fundraising $0$85,393
Part X · Balance sheet $767,189 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $16,699$6,282
X-2 Savings and temporary cash investmentsStart of year $729,005$758,312
X-10c Land, buildings and equipment, netStart of year $2,595$2,595
X-16 Total assetsStart of year $748,299$767,189
X-25 Other liabilitiesStart of year $1,551$862
X-26 Total liabilitiesStart of year $1,551$862
X-27 Net assets without donor restrictionsStart of year $746,748$766,327
X-32 Total net assets or fund balancesStart of year $746,748$766,327
X-33 Total liabilities and net assetsStart of year $748,299$767,189
Part XI · Reconciliation of net assets $766,327 net assets at year end
XI-1 Total revenue$96,465
XI-2 Total expenses$85,393
XI-3 Revenue less expenses$11,072
XI-4 Net assets at start of year$746,748
XI-9 Other changes in net assets$8,507
XI-10 Net assets at end of year$766,327

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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