Civic Intelligence

Destin Commons Arts & Entertainment Inc

EIN 83-3572408 • 501(c)6 • Destin, FL

Profile

To provide funding of entertainment events, promotion and marketing of events and related arts programs to benefit the visitors and customers of destin commons.

4100 Legendary DriveDestin, FL 32541

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

78th percentile

17%

Higher net margin than 78% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

77th percentile

16%

Faster asset growth than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

44th percentile

-3.7%

Faster revenue growth than 44% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$431,083

Up $59,204 (+16%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$431,083

Up $59,204 (+16%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin78th percentile

Revenue

Down

$339,937

Down $13,240 (-3.7%) from 2023

Expenses

Down

$280,733

Down $18,169 (-6.1%) from 2023

Net Income

Up

$59,204

Up $4,929 (+9.1%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth77th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2019: $47,116Liabilities 2019: $0Net Assets 2019: $47,1162019Assets 2020: $93,447Liabilities 2020: $0Net Assets 2020: $93,4472020Assets 2021: $214,261Liabilities 2021: $0Net Assets 2021: $214,2612021Assets 2022: $317,604Liabilities 2022: $0Net Assets 2022: $317,6042022Assets 2023: $371,879Liabilities 2023: $0Net Assets 2023: $371,8792023Assets 2024: $431,083Liabilities 2024: $0Net Assets 2024: $431,0832024

Highlighted filing

2024

Assets$431,083
Liabilities$0
Net Assets$431,083
Open 2024 Filing

Operations Trend

Revenue Growth44th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0Revenue 2019: $100,941Expenses 2019: $53,825Net Income 2019: $47,1162019Revenue 2020: $108,219Expenses 2020: $61,888Net Income 2020: $46,3312020Revenue 2021: $222,011Expenses 2021: $101,197Net Income 2021: $120,8142021Revenue 2022: $314,860Expenses 2022: $211,517Net Income 2022: $103,3432022Revenue 2023: $353,177Expenses 2023: $298,902Net Income 2023: $54,2752023Revenue 2024: $339,937Expenses 2024: $280,733Net Income 2024: $59,2042024

Highlighted filing

2024

Revenue$339,937
Expenses$280,733
Net Income$59,204
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$431,083
Liabilities
$0
Net assets
$431,083
Revenue
$339,937
Expenses
$280,733
Net income
$59,204
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.31$0.00$4.31$3.40$2.81$0.59
2023Detailed filing. Detailed filing data is available for this year.$3.72$0.00$3.72$3.53$2.99$0.54
2022Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$3.15$2.12$1.03
2021Detailed filing. Detailed filing data is available for this year.$2.14$0.00$2.14$2.22$1.01$1.21
2020Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$1.08$0.62$0.46
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$1.01$0.54$0.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 21, 2025
Return Version
2024v5.0
Gross Receipts
$339,937
Mission and Program Overview

Mission

To provide funding of entertainment events, promotion and marketing of events and related arts programs to benefit the visitors and customers of destin commons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$371,879$431,083▲ $59,204
Rtn Earn Endowment Incm Other Fnds$371,879$431,083▲ $59,204
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$371,879$431,083▲ $59,204
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$371,879$431,083▲ $59,204
Total Liabilities and Net Assets / Fund Balance$371,879$431,083▲ $59,204
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Jessica JohnseySecretary
Brooke JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$339,937
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$59,204
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$280,733
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$18,160--$18,160
Fees for Services Accounting$1,800--$1,800
Office Expenses$932--$932
Other Expenses$161--$161
Total Functional Expenses$280,733$0$0$280,733
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board of directors review the form 990 before it is filed.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Destin Commons Arts & Entertainment Inc
EIN
83-3572408
Phone
8503378700
Address
4100 LEGENDARY DRIVE, DESTIN, FL 32541

Signing Officer

Name
Brooke Johnson
Title
Treasurer
Phone
8503378700
Signed
2025-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brooke Johnson
Formed
2018
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Warren Averett LLC
Address
36474C EMERALD COAST PKWY SUITE, 3301, DESTIN, FL 32541
Preparer
Lori K Kelley CPA
Phone
8508370398
Raw XML Appendix253 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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