Ps Resorts is located in Palm Springs, CA. The organization was established in 2013. According to its NTEE Classification (A27) the organization is classified as: Community Celebrations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ps Resorts is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Ps Resorts generated $619.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $328.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ps Resorts has awarded 100 individual grants totaling $2,698,044. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE, FOSTER AND ENHANCE EVENTS, ATTRACTIONS AND ACTIVITIES THAT WILL ATTRACT VISITORS TO PALM SPRINGS AND OTHERWISE PROMOTE PALM SPRINGS AS A PREMIER DESTINATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATE, FOSTER AND ENHANCE EVENTS, ATTRACTIONS AND ACTIVITIES THAT WILL ATTRACT VISITORS TO PALM SPRINGS AND OTHERWISE PROMOTE PALM SPRINGS AS A PREMIER DESTINATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven Boswell Treasurer | OfficerTrustee | $0 | |
Celeste Brackley Vice Chair | OfficerTrustee | $0 | |
Aftab Dada Chairman | OfficerTrustee | $0 | |
Robert Hunt Secretary | OfficerTrustee | $0 | |
Shannon Anderson Board Member | Trustee | $0 | |
Alicia Araujo Board Member | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $584,468 |
All other contributions, gifts, grants, and similar amounts not included above | $34,980 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $619,448 |
Total Program Service Revenue | $0 |
Investment income | $67 |
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 | $619,515 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $167,500 |
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 | $63,298 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $33,419 |
Office expenses | $10,088 |
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 | $5,381 |
All other expenses | $3,147 |
Total functional expenses | $328,506 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $715,140 |
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 | $380,000 |
Total assets | $1,095,140 |
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 | $1,095,140 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,095,140 |
Over the last fiscal year, Ps Resorts has awarded $157,500 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
CITY OF PALM SPRINGS PURPOSE: '21-'22 ALLOCATION | $75,000 |
Palm Springs, CA PURPOSE: 2021 PRIDE SPONSOR | $50,000 |
1050 CAPITAL LLC PURPOSE: SPLASH HOUSE 2021 | $15,000 |
Palm Springs, CA PURPOSE: 2021 DESERT X SPONSO | $10,000 |
PS GAY SOFTBALL LEAGUE PURPOSE: 2021 SPONSORSHIP | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
University Development Foundation Woodland, CA | $499,472 | $124,731 |
San Francisco Museum Of Modern Art San Francisco, CA | $782,459,375 | $60,826,981 |
Kqed Inc San Francisco, CA | $304,837,195 | $103,418,209 |
Internews Network Arcata, CA | $19,074,087 | $84,725,218 |
National Academy Of Recording Arts & Sciences Inc Santa Monica, CA | $144,766,278 | $73,681,549 |
Cable Television Laboratories Inc Louisville, CO | $47,325,607 | $76,632,755 |
Henry E Huntington Library & Art Gallery San Marino, CA | $965,906,123 | $108,580,757 |
California Academy Of Sciences San Francisco, CA | $832,230,890 | $95,197,826 |
National Hot Rod Association San Dimas, CA | $60,527,116 | $84,074,162 |
Motion Picture Association Inc Sherman Oaks, CA | $108,255,897 | $67,676,468 |
Segerstrom Center For The Arts Costa Mesa, CA | $493,213,588 | $84,488,930 |
Academy Of Mathematics & Science South Inc Tucson, AZ | $124,208,680 | $62,725,140 |