Preservation Park Cities
- Assets
- $309.2k
- Revenue
- $310.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 09/2001
- Data as of
- 05/2024
- EIN
- 75-2095477
Organization Overview
Preservation Park Cities is located in Dallas, TX. The organization was established in 2001. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Preservation Park Cities 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 05/2024, Preservation Park Cities generated $310.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $238.1k during the year ending 05/2024. While expenses have increased by 6.6% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO CELEBRATE AND PROMOTE THE PRESERVATION OF PARK CITIES ARCHITECTURE, HISTORY, AESTHETICS, AND CULTURAL TRADITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME TOUR OPEN TO THE PUBLIC: RAISED AWARENESS OF HISTORICAL VALUE AND THE IMPORTANCES OF THESE HOMES TO THE PARK CITIES NEIGHBORHOOD.
HISTORIC HOME MARKER PROGRAM; HOME RESEARCH IS CONDUCTED, ELIGIBILITY IS DETERMINED AND HISTORIC MARKER IS MOUNTED ON HOME. PROGRAM INCREASES VISABILITY, AWARENESS OF OLDER STRUCTURES.
FUNDS RAISED HELP RESERVE AND MAINTAIN THE PARK CITIES HOUSE AT DALLAS HERITAGE VILLAGE; SUPPORT THE PCPHS ARCHIVES AT THE UNIVERSITY PARK LIBRARY; FUND THE SOCIETY'S LANDMARKING INITIATIVES; AWARD SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Burton Rhodes Chairman | OfficerTrustee | 1 | $0 |
Amy Beale President | OfficerTrustee | 1 | $0 |
Alisa Sell President Elect | OfficerTrustee | 0.33 | $0 |
Alex Jodry Treasurer | OfficerTrustee | 1 | $0 |
Cory Bowen Secretary | OfficerTrustee | 1 | $0 |
Cynthia Beaird Board Of Directors | Trustee | 0.33 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $113,538 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,403 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,941 |
| Total Program Service Revenue | $0 |
| Investment income | $1,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $122,593 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $310,068 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $8,235 |
| 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 | $36,100 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $989 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,000 |
| Office expenses | $47,028 |
| 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 | $238,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,006 |
| 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 | $10,236 |
| Total assets | $309,242 |
| 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 | $30,347 |
| Total liabilities | $30,347 |
| 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 | $278,895 |
| Total liabilities and net assets/fund balances | $309,242 |
Grants Awarded
Over the last fiscal year, Preservation Park Cities has awarded $62,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HP EDUCATION FOUNDATION PURPOSE: SCHOLARSHIPS | $50,000 |
DALLAS HERITAGE VILLAGE PURPOSE: COSTELLO HOUSE IMP | $12,250 |