Milwaukee Parks Foundation
- Assets
- $1.2m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 3
- Location
- Milwaukee, WI
- Founding
- 01/2020
- Data as of
- 12/2023
- EIN
- 84-1808645
Organization Overview
Milwaukee Parks Foundation is located in Milwaukee, WI. The organization was established in 2020. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 12/2023, Milwaukee Parks Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milwaukee Parks 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 12/2023, Milwaukee Parks Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $1.0m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGE OUR COMMUNITY IN SUPPORTING MILWAUKEE COUNTY PARKS TO COLLECTIVELY STEWARD A THRIVING PARK SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, MILWAUKEE PARKS FOUNDATION CONTINUED ADVANCING OUR MISSION TO COLLECTIVELY STEWARD A THRIVING PARK SYSTEM. WE DID THIS THROUGH FOUR CORE PRIORITIES: EQUITABLE AMENITIES AND PROGRAMS, ADVOCATING FOR SUSTAINABLE FUNDING SOLUTIONS FOR OUR PARKS, BUILDING COMMUNITY CAPACITY AND RAISING AWARENESS, PROMOTING ACCESS AND FOSTERING BELONGING IN OUR PARKS. THREE OF THE MOST SIGNIFICANT ACCOMPLISHMENTS INCLUDE:SPROUTS PARTNERSHIPS: SPROUTS PARTNERSHIPS WERE ONE OF THE WAYS WE HELPED BUILD COMMUNITY CAPACITY FOR OUR PARKS. SPROUTS PARTNERS ARE GRASSROOTS LEADERS WHO ACTIVATE PARKS VIA UNIQUE PROGRAMMING AND EVENTS. EXAMPLES INCLUDE: DRUMS UP GUNS DOWN, AFRICAN DRUMMING AND DANCE; THE SAFE ZONE SUMMER CAMP FOR YOUTH; LATINO CONSERVATION WEEK, AND MORE.SEEDS PROJECTS: SEEDS PROJECTS ARE WAYS MILWAUKEE PARKS FOUNDATION INVESTS IN PARK INFRASTRUCTURE PROJECTS. EXAMPLES INCLUDE CARVER PARK BASEBALL DIAMOND REFURBISHMENT IN PARTNERSHIP WITH CHRISTIAN YELICH, AND THE LAUNCH OF THE HEALTHY PARKS HEALTHY NEIGHBORS INITIATIVE TO IMPROVE AMENITIES AND PROGRAMS IN MCGOVERN PARK. THESE REPRESENT TWO OF MORE THAN A DOZEN PROJECTS COMPLETED IN 2023.AWARENESS AND ENGAGEMENT EVENTS: LAST BUT NOT LEAST, MPF HOSTED A VARIETY OF ENGAGEMENT AND AWARENESS EVENTS IN OUR PARKS SUCH AS THE HEALTHY COUNTY CHALLENGE WITH COUNTY EXECUTIVE DAVID CROWLEY AND HARVEST FEST WITH CHAIRWOMAN MARCELIA NICHOLSON.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Stoner Executive Director | Officer | 40 | $88,090 |
Judy Krause Chair | OfficerTrustee | 1 | $0 |
Tony Shields Treasurer | OfficerTrustee | 1 | $0 |
Tami Garrison Past Chair | OfficerTrustee | 1 | $0 |
Stephanie Mercado Secretary | OfficerTrustee | 1 | $0 |
Guy Smith Ex Officio | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $136,835 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,437,770 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,574,605 |
| Total Program Service Revenue | $0 |
| Investment income | $5,004 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $184 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,127 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,587,577 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $540,049 |
| 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. | $109,510 |
| Compensation of current officers, directors, key employees. | $7,576 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $148,865 |
| Pension plan accruals and contributions | $2,161 |
| Other employee benefits | $19,648 |
| Payroll taxes | $18,700 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $86,866 |
| Advertising and promotion | $17,473 |
| Office expenses | $11,078 |
| Information technology | $5,439 |
| Royalties | $0 |
| Occupancy | $18,164 |
| Travel | $86 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $219 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,546 |
| All other expenses | $4,617 |
| Total functional expenses | $1,037,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $432,226 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $814,486 |
| 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 | $1,499 |
| 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 | $1,248,211 |
| Accounts payable and accrued expenses | $22,535 |
| 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 | $22,535 |
| Net assets without donor restrictions | $210,306 |
| Net assets with donor restrictions | $1,015,370 |
| 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 | $1,248,211 |
Grants Awarded
Over the last fiscal year, Milwaukee Parks Foundation has awarded $535,049 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MILWAUKEE COUNTY PARKS PURPOSE: THESE GRANTS SUPPORTED THE MILWAUKEE COUNTY PARKS FOR VARIOUS EVENTS AND PROGRAMS INCLUDING: CARVER PARK BASEBALL PROJECT, PRAIRIE SPRINGS, KOMATSU FOREST, FIREWORKS 2023, HARLEY PARK, KING AND KOZY COMMUNITY CENTER, BASKETBALL GRANT, AND REFORESTATION PROJECTS. | $495,049 |
THE PARK PEOPLE PURPOSE: SPROUTS GRANT | $8,000 |
THE SAFE ZONE SUMMER CAMP PURPOSE: SAFE ZONE GRANT | $8,000 |
MILWAUKEE AFRICAN DRUM AND DANCE 414 PURPOSE: YOUTH CAMP FOCUSING ON WEST AFRICAN DRUM, DANCE, AND CULTURE. | $8,000 |
ZB CONSULTING PURPOSE: SPROUTS GRANT - FIRST SERIES IN MILWAUKEE CELEBRATING LATINO CONSERVATION WEEK. | $8,000 |
SHERMAN PARK COMMUNITY ASSOCIATION PURPOSE: SPROUTS GRANT | $8,000 |