Friends Of Thomas Lowry Park
- Assets
- $45.5k
- Revenue
- $46.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 12/2008
- Data as of
- 12/2021
- EIN
- 26-3163274
Organization Overview
Friends Of Thomas Lowry Park is located in Minneapolis, MN. The organization was established in 2008. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Thomas Lowry Park is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Friends Of Thomas Lowry Park generated $46.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (39.2%) each year. All expenses for the organization totaled $293.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF THOMAS LOWRY PARK PROVIDES SUPPORT TO THE MINNEAPOLIS PARK AND RECREATION BOARD FOR THE TENDER CARE OF THOMAS LOWRY PARK. FTLP PROVIDES FUNDS FOR BIANNUAL PLANTINGS, VOLUNTEER GARDENING HELP, AND OTHER PARK NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECONSTRUCTION OF SEVEN POOLS UNIQUE WATER FEATURE. IN ORDER TO MAINTAIN THE HISTORICAL INTEGRITY OF THE DESIGN, THIS PROCESS WILL BEGIN WITH AN EXTENSIVE 3D MODELING OF THE CURRENT STRUCTURE. CURRENT PLANS INCLUDE THE COMPLETE REPLACEMENT OF POOL MASONRY, NEW UNDERGROUND PLUMBING, NEW PUMP VAULT AND A RECIRCULATING PUMP.
GENERAL MAINTENANCE OF THOMAS LOWRY PARK.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Scheiderer Co-Treasurer | OfficerTrustee | 5 | $0 |
Paul Pender Co-Treasurer | OfficerTrustee | 1 | $0 |
Kathy Gaskins Secretary | OfficerTrustee | 2 | $0 |
Elizabeth Shaffer President | OfficerTrustee | 15 | $0 |
Suzanne Payne Vice President | Trustee | 9 | $0 |
Tom Trondson Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,592 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,592 |
| Total Program Service Revenue | $0 |
| Investment income | $28 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,620 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $282,925 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,362 |
| Office expenses | $306 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $293,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $45,503 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $45,503 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $45,503 |
| Total liabilities and net assets/fund balances | $45,503 |
Grants Awarded
Over the last fiscal year, Friends Of Thomas Lowry Park has awarded $282,925 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MINNEAPOLIS PARKS AND RECREATION PURPOSE: TO CREATE FEATURE IN THOMAS LOWRY PARK | $220,425 |
MINNEAPOLIS PARKS AND RECREATION PURPOSE: TO CREATE FEATURE IN THOMAS LOWRY PARK | $62,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of Thomas Lowry Park has recieved totaling $19,792.
| Awarding Organization | Amount |
|---|---|
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, COMMUNITY & ECONOMIC DEVELOPMENT | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,792 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Energy And Environment Minneapolis, MN | $44,159,185 | $20,004,969 |
Airport Foundation Msp St Paul, MN | $950,360 | $1,324,223 |
Keep Iowa Beautiful West Des Moines, IA | $250,279 | $665,822 |
Green Schools National Network Inc Iowa City, IA | $207,625 | $338,966 |
Green Minneapolis Minneapolis, MN | $1,800,606 | $610,185 |
Future Neenah Inc Neenah, WI | $1,629,801 | $509,007 |
Clean Up The River Environment Montevideo, MN | $879,808 | $688,112 |
Friends Of Thomas Lowry Park Minneapolis, MN | $45,503 | $46,620 |
Saint Paul Parks And Recreation Conservancy Saint Paul, MN | $747,798 | $349,737 |
Mississippi River Parkway Commission Madison, WI | $631,525 | $361,834 |
Neighborhood Forest Inc Minneapolis, MN | $3,924 | $211,442 |
Durwards Glen Olrg Ltd Baraboo, WI | $453,582 | $207,199 |