The net proceeds from the festivals, etc. hosted by SRC Productions, Inc. are used to fund many of the charitable projects of the Rotary Club of Stuart and other charitable projects that conform with the charitable, medical and educational purposes of SRC Productions, Inc.

501(c)(3) charity; gifts are tax-deductible.
Run by 35 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990-EZIndependent: 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-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average surplus $4K a year · 18% of revenue · last 4 filings
Worth a look: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Named funders
1
named funder · $13K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$80K
+193% vs prior year
Net assets
$43K
By yearFY2020–FY2024
Revenue
$80K
FY2024▲ +193%
Tap a bar for its year
Revenue by fiscal year
FY2020$7K
FY2021$9K
FY2022$38K
FY2023$27K
FY2024$80K
Expenses
—
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2020$8K
FY2021$14K
FY2022$3K
FY2023$42K
FY2024Not on file
Net assets
$43K
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$28K
FY2021$24K
FY2022$59K
FY2023$44K
FY2024$43K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2017.

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

Who runs it and what they're paid

6 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary VP
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Src Productions INC executive salaries →

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Programs and updates

Funds charitable, medical, and educational projects through festival proceeds.

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Provided by the organization

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2 programs · $42K · in their own filed words · FY2023
01

$5,000 was contributed to the Rotary Club of Stuart for student weekend back pack food program. $6,000 was contributed to the Rotary Club of Stuart for the Patty Hazelwood Scholarship Fund. $25,000 donation to the Rotary Club of Stuart for other charitable projects of the club.

$41Kprogram expense
02

We successfully hosted the Hot Fun in the Summertime Beach Music Festival realizing proceeds from event ticket sales, camping sites rental, food concession sales, and sponsorship funding. $500 given to Jeb Stuart Rescue for services rendered. $500 given to Patrick Springs Volunteer Fire Department for services rendered.

$1Kprogram 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$13K

By the numbers

The FY2024 990-EZ, line by line.

1The main four
Money in
$80K
Other income$80K
Owns and owes
$43K
net assets
Liabilities$0
People
6
listed
Paid0
2In more detail
Revenue in detail
Other income$80K
Total revenue$80K
Assets in detailEnd of year
Liabilities$0
Net assets$43K
Operations
Employees0
Volunteers35
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $80K$43K 990 PDF
FY2023 $27K$42K−$15K$44K 990 PDF
FY2022 $38K$3K$35K$59K 990 PDF
FY2021 $9K$14K−$5K$24K 990 PDF
FY2020 $7K$8K−$933$28K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support

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

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