Patrons Of The Prado
- Assets
- $414.1k
- Revenue
- $382.0k
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 09/1997
- Data as of
- 09/2023
- EIN
- 33-0764923
Organization Overview
Patrons Of The Prado is located in San Diego, CA. The organization was established in 1997. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patrons Of The Prado 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 09/2023, Patrons Of The Prado generated $382.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $435.5k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Patrons Of The Prado has awarded 78 individual grants totaling $2,724,810. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RAISING FUNDS TO BENEFIT THE ARTS, SCIENCE AND CULTURAL CENTERS ON THE PRADO IN BALBOA PARK AND FOR PROGRAMS THAT PROVIDE EDUCATIONAL ACCESS FOR SAN DIEGO SCHOOL CHILDREN TO THE MUSEUMS AND ARTS IN BALBOA PARK
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNRESTRICTED GRANTS OF $26,400 EACH TO EIGHT MUSEUMS AND TWO CULTURAL INSTITUTIONS IN BALBOA PARK, SAN DIEGO, CA.
GRANTS TO EIGHT MUSEUMS AND TWO CULTURAL INSTITUTIONS IN BALBOA PARK, SAN DIEGO, CA, TO FUND SCHOOL BUS TRIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Alessio President | OfficerTrustee | 40 | $0 |
Nayda Locke 1st VP Special Events | Trustee | 10 | $0 |
Roxi Link 2nd VP Prado Benefit Chair | Trustee | 30 | $0 |
Mary Powell Penrith 3rd VP Membership | Trustee | 5 | $0 |
Nancie Geller Recording Secretary | OfficerTrustee | 4 | $0 |
Clarice Perkins Corresponding Secretary | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,401 |
| Fundraising events | $280,782 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,046 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $321,229 |
| Total Program Service Revenue | $0 |
| Investment income | $749 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $60,048 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $382,026 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $404,000 |
| 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 | $3,319 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,040 |
| Information technology | $1,065 |
| 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 | $3,241 |
| All other expenses | $0 |
| Total functional expenses | $435,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,089 |
| Savings and temporary cash investments | $0 |
| 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 | $414,089 |
| 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 | $414,089 |
| Total liabilities and net assets/fund balances | $414,089 |
Grants Awarded
Over the last fiscal year, Patrons Of The Prado has awarded $404,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
THE FLEET SCIENCE CENTER PURPOSE: MUSEUM SUPPORT | $40,400 |
SAN DIEGO JUNIOR THEATER PURPOSE: THEATER SUPPORT | $40,400 |
TIMKEN MUSEUM OF ART PURPOSE: MUSEUM SUPPORT | $40,400 |
SAN DIEGO MUSEUM OF ART PURPOSE: MUSEUM SUPPORT | $40,400 |
MINGEI INTERNATIONAL MUSEUM PURPOSE: MUSEUM SUPPORT | $40,400 |
MUSEUM OF PHOTOGRAPHIC ARTS PURPOSE: MUSEUM SUPPORT | $40,400 |