Nonprofit · EIN 27-3251334
AVENIDA DE COLORES INC
Tax-exempt · SARASOTA, FL 34236
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $0 | $58,440 | -$58,440 | $17,012 | $227,742 | -$210,730 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- -$84
- Professional fundraising fees
- $0
- Occupancy
- $34,612
- Travel
- $424
- Depreciation
- $507
- Program services (functional)
- $49,524
- Management and general (functional)
- $8,916
Balance sheet and other
- Total assets, start of year
- $59,451
- Total assets, end of year
- $17,012
- Total liabilities, end of year
- $227,742
- Net assets, end of year
- -$210,730
- Land, buildings and equipment
- $575
- Net assets without donor restrictions
- -$210,730
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2010
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENISE C KOWAL | PRESIDENT Trustee or director, Officer | 30 | $0 |
| DOUGLAS JOHN HENRY | SECRETARY Trustee or director, Officer | 15 | $0 |
| CAROLE HENRY | DIRECTOR Trustee or director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 540 S ORANGE AVE, SARASOTA, FL 34236-7502
- In care of
- % DENISE KOWAL
- Mailing address (990-N for 2018)
- 530 SOUTH ORANGE AVE, SARASOTA FL 34236
- Principal officer (990 for 2023)
- DENISE KOWAL, 540 SOUTH ORANGE AVE, SARASOTA, FL 34236
- Principal officer (990-N for 2018)
- DENISE KOWAL, 540 SOUTH ORANGE AVE, SARASOTA FL 34236
- Signed the 990
- DENISE KOWAL, PRESIDENT
- Phone
- (941) 374-4790
- Website
- WWW.CHALKFESTIVAL.COM
- Return prepared by
- CAVANAUGH & CO LLP
Mission
THE ORGANIZATION PROVIDES AN OPPORTUNITY FOR ALL STREET PAINTERS TO PRACTICE THEIR ART BY HOLDING AN ANNUAL CHALK FESTIVAL - A CELEBRATION OF STREET PAINTING THAT IS A 400 YEAR OLD EUROPEAN TRADITION. THE FESTIVAL IS AN INTERACTIVE PERFORMANCE CULTURAL ART EVENT WHERE HUNDREDS OF ARTISTS CREATE MUSEUM QUALITY ARTWORK USING THE CITY STREETS AS THEIR CANVAS. ESTIMATED ATTENDANCE TO THE FESTIVAL IS 80,000 PEOPLE. IN ADDITION, THE ORGANIZATION SPONSORS AND PROMOTES THIS ART FORM THROUGHOUT THE YEAR.
Program accomplishments
- THE ORGANIZATION PROVIDES AN OPPORTUNITY FOR ALL STREET PAINTERS TO PRACTICE THEIR ART BY HOLDING AN ANNUAL CHALK FESTIVAL - A CELEBRATION OF STREET PAINTING THAT IS A 400 YEAR OLD EUROPEAN TRADITION. THE FESTIVAL IS AN INTERACTIVE PERFORMANCE CULTURAL ART EVENT WHERE HUNDREDS OF ARTISTS CREATE MUSEUM QUALITY ARTWORK USING THE CITY STREETS AS THEIR CANVAS. ESTIMATED ATTENDANCE TO THE FESTIVAL IS 80,000 PEOPLE. IN ADDITION, THE ORGANIZATION SPONSORS AND PROMOTES THIS ART FORM THROUGHOUT THE YEAR. DUE TO UNFORSEEN CIRCUMSTANCES, THE ORGANIZATION WAS UNABLE TO PRODUCE THE EVENT THIS YEAR.Expenses $49,524
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3251334
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $17,012
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $0 | $58,440 | $17,012 | XML |
| 990 | December 2022 | $588,036 | $702,723 | $59,451 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-N for 2018 Officer: DENISE KOWAL | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3251334).
Questions about AVENIDA DE COLORES INC
- What is the EIN of AVENIDA DE COLORES INC?
- The employer identification number (EIN) of AVENIDA DE COLORES INC is 27-3251334.
- Is AVENIDA DE COLORES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to AVENIDA DE COLORES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AVENIDA DE COLORES INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of AVENIDA DE COLORES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AVENIDA DE COLORES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of AVENIDA DE COLORES INC?
- The 990 for the year ended December 31, 2023 names DENISE KOWAL.
- Who are the officers and directors of AVENIDA DE COLORES INC?
- The 990 for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
- How much revenue does AVENIDA DE COLORES INC have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $0, expenses of $58,440 and total assets of $17,012 at year end.
Other nonprofits in SARASOTA
- FLORIDA WEST COAST SYMPHONY INC EIN 59-2603081 · last filed 990 for 2025
- ASOLO THEATER INC EIN 59-2717909 · last filed 990 for 2025
- SARASOTA OPERA ASSOCIATION INC EIN 23-7089047 · last filed 990 for 2025
- SARASOTA BALLET OF FLORIDA INC EIN 65-0135900 · last filed 990 for 2025
- FLORIDA STUDIO THEATRE INC EIN 23-7362760 · last filed 990 for 2025
- MARIETTA MUSEUM OF ART & WHIMSY INC EIN 27-0328538 · last filed 990-PF for 2025
- WESTCOAST BLACK THEATRE TROUPE OF FLORIDA INC EIN 65-1040662 · last filed 990 for 2025
- WOMANS EXCHANGE INC OF SARASOTA EIN 59-1109482 · last filed 990 for 2025
All nonprofits in SARASOTA · Florida · Arts, culture and humanities