Casa Del Herrero

Tax-deductible

Santa Barbara, CA501(c)(3)EIN 77-0340301Revenue $2.4M in FY2024

On file with the IRScasadelherrero.com1387 E Valley Rd, 93108-1202 · Santa Barbara, CATax-exempt since Jul 1993Publicly supported — 509(a)(2)

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To maintain, preserve and restore the house, furnishings, gardens and history of the steedman/bass estate for the benefit of the community, visiting public, scholars, educators, and students.

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
Run by 88 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $199K a year · 19% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$110K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
16
named funders · $439K
Looks good: 16 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$96K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.4M
+235% vs prior year
Spent
$1.4M
To programs
59%
Net assets
$7.7M
By yearFY2020–FY2024
Revenue
$2.4M
FY2024▲ +235%
Tap a bar for its year
Revenue by fiscal year
FY2020$949K
FY2021$813K
FY2022$455K
FY2023$721K
FY2024$2.4M
Expenses
$1.4M
FY2024▲ +42%
Tap a bar for its year
Expenses by fiscal year
FY2020$622K
FY2021$707K
FY2022$648K
FY2023$983K
FY2024$1.4M
Net assets
$7.7M
FY2024▲ +24%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.4M
FY2021$6.9M
FY2022$5.9M
FY2023$6.2M
FY2024$7.7M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1993.

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

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $821K Management & general 31% · $436K Fundraising 10% · $137K

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

18 people listed on the 990; $110K paid to officers and key staff.

Part VII, Section A · reportable compensation
Exec. Director
$109,626Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Rosie Rafferty$109,626$74,172———
Jessica Tade———$91,675$104,050
Vijay Hodosy——$75,936——
Vija Hodosy—$39,442———
Laura Bridley——$15,967$6,689—

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves and restores a historic estate's house, furnishings, and gardens for public benefit and education.

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Provided by the organization

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1 program · $821K · in their own filed words · FY2024
01

When visitors come to casa del herrero, or the "house of the blacksmith", they are transported back to montecito in the 1920's and 1930's - the heyday of the original owner george fox steedman. Designed by george washington smith, the casa is one of the finest examples of spanish colonial revival architecture in america.

$821Kprogram 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
See all 16 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.4M
Ln 12
Gifts and grantsLn 1h$2.0M
Fees for servicesLn 2g$160K
Investment incomeLn 3$126K
Money outPt IX
$1.4M
Ln 25
Programscol B$821K
Managementcol C$436K
Fundraisingcol D$137K
Owns and owesPt X
$7.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$7.8M
LiabilitiesLn 26$96K
PeoplePt VI, VII
18
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.0M
Fees for servicesLn 2g$160K
Investment incomeLn 3$126K
Other incomeLn 4–11$85K
Gains on assetsLn 7$61K
Total revenueLn 12$2.4M
Assets in detailPt X, end of year
CashLn 1$185
SavingsLn 2$1.0M
Cash and savings togetherLn 1–2$1.0M
InvestmentsLn 11–13$2.7M
Land, buildings, equipmentLn 10c$3.8M
Other assetsLn 15$263K
Total assetsLn 16$7.8M
LiabilitiesLn 26$96K
Net assetsLn 32$7.7M
OperationsPt I, VI
EmployeesI 55
VolunteersI 688
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$16K$1.0M
InvestmentsLn 11–13$3.7M$2.7M
Land, buildings, equipmentLn 10c$2.4M$3.8M
Total assetsLn 16$6.3M$7.8M
LiabilitiesLn 26$49K$96K
Net assetsLn 32$6.2M$7.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$110K$66K$33K$11K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$682K$409K$205K$68K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$113K$68K$34K$11K
Payroll taxesLn 10$66K$39K$20K$7K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$25K$25K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$29K$18K$9K$3K
Information technologyLn 14$42K$25K$13K$4K
RoyaltiesLn 15$0
OccupancyLn 16$140K$84K$42K$14K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$111K$67K$33K$11K
InsuranceLn 23$68K$41K$20K$7K
Other expenses (24a–d)Ln 24$6K$4K$2K$627
All other expensesLn 24e$0
Total functional expensesLn 25$1.4M$821K$436K$137K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.4M$1.4M$1.0M$7.7M 990 PDF
FY2023 $721K$983K−$262K$6.2M 990 PDF
FY2022 $455K$648K−$193K$5.9M 990 PDF
FY2021 $813K$707K$106K$6.9M 990 PDF
FY2020 $949K$622K$327K$6.4M 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 FY2024 990 (6 parts)
Part I · Summary $2,412,690 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $340,379$2,042,436
I-9 Program service revenuePrior year $57,716$159,658
I-10 Investment incomePrior year $62,267$126,062
I-11 Other revenuePrior year $260,447$84,534
I-12 Total revenuePrior year $720,809$2,412,690
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $537,292$970,727
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $445,641$422,222
I-18 Total expensesPrior year $982,933$1,392,949
I-19 Revenue less expensesPrior year −$262,124$1,019,741
Part VI · Governance 17 of 17 board members independent, 1 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,412,690 across 10 lines filed
VIII-1b Membership dues$40,304
VIII-1f All other contributions, gifts and grants$2,002,132
VIII-1h Total contributions, gifts and grants$2,042,436
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $159,658$159,658
VIII-3 Investment incomeExcluded from tax $64,948$64,948
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax $56,565$56,565
VIII-7 Net gain or loss on sales of assetsRelated to mission $61,114$61,114
VIII-8 Net income from fundraising eventsExcluded from tax $27,969$27,969
VIII-12 Total revenueRelated to mission $220,772 · Excluded from tax $149,482$2,412,690
Part IX · Statement of functional expenses $1,392,949 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $65,776 · Management $32,887 · Fundraising $10,963$109,626
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $409,345 · Management $204,672 · Fundraising $68,224$682,241
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $67,985 · Management $33,993 · Fundraising $11,331$113,309
IX-10 Payroll taxesPrograms $39,331 · Management $19,665 · Fundraising $6,555$65,551
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $25,303$25,303
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $17,561 · Management $8,780 · Fundraising $2,927$29,268
IX-14 Information technologyPrograms $25,112 · Management $12,556 · Fundraising $4,185$41,853
IX-15 Royalties$0
IX-16 OccupancyPrograms $84,206 · Management $42,103 · Fundraising $14,035$140,344
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $66,639 · Management $33,319 · Fundraising $11,107$111,065
IX-23 InsurancePrograms $40,877 · Management $20,439 · Fundraising $6,813$68,129
IX-24 Other expenses (24a–d)Programs $3,756 · Management $1,877 · Fundraising $627$6,260
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $820,588 · Management $435,594 · Fundraising $136,767$1,392,949
Part X · Balance sheet $7,827,700 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $40$185
X-2 Savings and temporary cash investmentsStart of year $16,316$1,046,902
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or useStart of year $21,781$45,400
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $2,414,696$3,765,632
X-11 Publicly traded securitiesStart of year $3,676,021$2,706,363
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $160,517$263,218
X-16 Total assetsStart of year $6,289,371$7,827,700
X-17 Accounts payable and accrued expensesStart of year $24,802$78,073
X-25 Other liabilitiesStart of year $24,188$18,026
X-26 Total liabilitiesStart of year $48,990$96,099
X-27 Net assets without donor restrictionsStart of year $6,221,928$7,527,745
X-28 Net assets with donor restrictionsStart of year $18,453$203,856
X-32 Total net assets or fund balancesStart of year $6,240,381$7,731,601
X-33 Total liabilities and net assetsStart of year $6,289,371$7,827,700
Part XI · Reconciliation of net assets $7,731,601 net assets at year end
XI-1 Total revenue$2,412,690
XI-2 Total expenses$1,392,949
XI-3 Revenue less expenses$1,019,741
XI-4 Net assets at start of year$6,240,381
XI-5 Net unrealized gains (losses) on investments$471,479
XI-10 Net assets at end of year$7,731,601

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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