Redwood City Parks And Arts Foundation
- Assets
- $3.7m
- Revenue
- $949.0k
- Investments
- $2.3m
- Employees
- 1
- Location
- Redwood City, CA
- Founding
- 08/2012
- Data as of
- 12/2022
- EIN
- 45-4990174
Organization Overview
Redwood City Parks And Arts Foundation is located in Redwood City, CA. The organization was established in 2012. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redwood City Parks And Arts Foundation 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 12/2022, Redwood City Parks And Arts Foundation generated $949.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $653.2k during the year ending 12/2022. While expenses have increased by 11.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Redwood City Parks And Arts Foundation has awarded 17 individual grants totaling $658,595. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO AID, ASSIST, PROMOTE, ADVOCATE AND DEVELOP SUPPORT OF THE PUBLIC PARK FACILITIES, RECREATIONAL PROGRAMMING AND COMMUNITY SERVICES, CULTURAL ACTIVITIES, INCLUDING VISUAL PERFORMING AND PUBLIC ART AND CIVIC EVENTS IN THE REDWOOD CITY COMMUNITY. TO ADVOCATE, ADVANCE, AND DEVELOP SUPPORT FOR PARKS, RECREATIONAL PROGRAMMING, COMMUNITY SERVICES, CULTURAL ACTIVITIES, AND THE ARTS IN REDWOOD CITY AND SURROUNDING UNINCORPORATED AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLANNED AND HOSTED CHALK FULL OF FUN IN DOWNTOWN REDWOOD CITY ON JULY 3 AND 4.HOSTED THE ANNUAL FUNDRAISER, PICNIC EN BLANC, TO RAISE FUNDS FOR A COMMUNITY NEED.HOSTED A PRE-SUMMER FUNDRAISER FOR MUSIC ON THE SQUARE.PROVIDE VOLUNTEERS (THE BUCKET BRIGADE) FOR MUSIC ON THE SQUARE FUNDRAISING AT THE 13 FRIDAY NIGHT CONCERTS HOSTED BY THE CITY OF REDWOOD CITY.CO-HOSTED OKTOBERFEST (AN EVENT OVER 5 DAYS IN SEPTEMBER) WITH THE CITY OF REDWOOD CITY.CO-HOSTED 4 PUB IN THE PARK EVENTS IN LOCAL PARKS DURING THE SUMMER WITH THE CITY OF REDWOOD CITY.MAINTAINED AND MANAGED VOLUNTEER KINDNESS AMBASSADOR PROGRAM TO PROVIDE STAFFING AT THE MAGICAL BRIDGE PLAYGROUND, AND PLANNED AND HOSTED 10 EVENTS AT THE PLAYGROUND.SUPPORT CONCESSION SALES AT ZOPPE CIRCUS WHICH IS HOSTED BY THE CITY OF REDWOOD CITY.SPONSORED AND SUPPORTED AN INCLUSION FESTIVAL IN RED MORTON PARK.FOUNDATION CONTINUED A NEWSLETTER WITH WIX.COM.FUNDED A MOSAIC TILE PROJECT AT FLEISHMAN PARK TO INSTALL TILES CREATED BY THE NEIGHBORS MANY YEARS AGO.MAINTAINED TD AMERITRADE ACCOUNTS FOR FOUNDATION FUNDS, PRCS GRANT FUNDS AND THE LIABILITY ACCOUNT.HOSTED A DONOR AND VOLUNTEER APPRECIATION PARTY AT THE ZOPPE CIRCUS.CONTINUED FISCAL SPONSORSHIP OF OYE LATINX CONFERENCE.SPONSORED THE BRAVEMAKER FILMFEST.SPONSORED DIA DE LOS MUERTOS HOSTED BY CASA CIRCULO CULTURAL.SPONSORED ART ON THE SQUARE.PROVIDED A GRANT TO THE REDWOOD CITY LIBRARY FOUNDATION TO SUPPORT THE MAKERSPACE.RECEIVED A GRANT FROM THE CHAN ZUCKERBERG INITIATIVE TO IMPLEMENT THE ARTS PROGRAMMING PLAN FOR THE CZI COMMUNITY SPACE.IMPLEMENT THE CZI COMMUNITY SPACE ARTS PROGRAMMING PLAN BY CONVENING AN ART ADVISORY WORK GROUP AND ISSUING A CALL FOR ART.HOSTED 2 ART EXHIBITION OPENINGS AT THE CZI COMMUNITY SPACE AND REGULAR PUBLIC DATES TO VIEW THE ART.PURCHASED A PANELED TRUCK FOR THE CITY OF REDWOOD CITY TO BE USED FOR EQUIPMENT STORAGE AT EVENTS.HIRED A PART-TIME ADMINISTRATIVE ASSISTANT.COMMISSIONED CREATION OF AN ANNIVERSARY LOGO TO COMMEMORATE FOUNDATION'S 10TH ANNIVERSARY.SET UP A GOOGLE FOR NONPROFITS ACCOUNT FOR THE FOUNDATION.RECEIVED A GRANT FROM THE CHAN ZUCKERBERG INITIATIVE TO HOST FREE ART WORKSHOPS FOR THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Estes Chairperson | OfficerTrustee | 15 | $0 |
Sheila Cepero Vice Chair | OfficerTrustee | 7 | $0 |
Tricia Hall Resigned Nov 2022 Treasurer | OfficerTrustee | 2 | $0 |
Pam Beard Secretary | OfficerTrustee | 1.5 | $0 |
Lisa Schofield Director | Trustee | 7 | $0 |
Lucy Larson Resigned Nov 2022 Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $22,735 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $334,807 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $357,542 |
| Total Program Service Revenue | $554,027 |
| Investment income | $25,307 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,159 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $949,035 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $108,576 |
| 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 | $5,060 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $631 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $106,346 |
| Advertising and promotion | $1,200 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,700 |
| 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 | $2,992 |
| All other expenses | $0 |
| Total functional expenses | $653,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,326,316 |
| Savings and temporary cash investments | $27,063 |
| 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 | $2,307,840 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,661,219 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,997,038 |
| 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 | $35,137 |
| Total liabilities | $2,032,175 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $1,629,044 |
| 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 | $3,661,219 |
Grants Awarded
Over the last fiscal year, Redwood City Parks And Arts Foundation has awarded $100,376 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CASA CIRCULO CULTURAL PURPOSE: FUNDS FOR FEASIBILITY STUDY | $11,509 |
REDWOOD CITY LIBRARY FOUNDATION PURPOSE: MAKERSPACE BUILD OUT | $15,000 |
REDWOOD CITY PARKS RECREATION AND COMMUNITY SERVICES DIVISION PURPOSE: PURCHASE AND DELIVERY OF PANELED TRUCK FROM REYNOLDS BUICK, INC. | $73,867 |