Milwaukee Parks Foundation
- Assets
- $347.7k
- Revenue
- $103.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Wauwatosa, WI
- Founding
- 01/2020
- Data as of
- 12/2021
- EIN
- 84-1808645
Organization Overview
Milwaukee Parks Foundation is located in Wauwatosa, 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. 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 12/2021, Milwaukee Parks Foundation generated $103.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (54.6%) each year. All expenses for the organization totaled $148.5k during the year ending 12/2021. 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
2021
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
MILWAUKEE PARKS FOUNDATION RAISED SIGNIFICANT AWARENESS ABOUT THE CHALLENGES AND OPPORTUNITIES FACING OUR PARKS. AWARENESS WAS RAISED THROUGH TRADITIONAL MEDIA, SOCIAL MEDIA, EMAIL AND MAILED STORYTELLING.MILWAUKEE PARKS FOUNDATION RAISED OVER $100,000 FOR PARKS!IN 2021, MILWAUKEE PARKS FOUNDATION (MPF) HIRED AN EXECUTIVE DIRECTOR, GREW THE BOARD OF DIRECTORS BY 30%, BEGAN IMPLEMENTING COMMITTEES, COMPLETED AND BEGAN IMPLEMENTING STRATEGIC PLANNING, AND CONTRACTED WITH A BRAND/MARKETING CONTRACTOR AND A BOOKKEEPING CONSULTANT. AS THE SECOND FULL YEAR IN OPERATION, MPF UTILIZED THIS YEAR TO BUILD INFRASTRUCTURE FOR LONG TERM SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Stoner Executive Director | Officer | 40 | $38,865 |
Judy Krause Vice-Chair | OfficerTrustee | 1 | $0 |
Stephanie Mercado Secretary | OfficerTrustee | 1 | $0 |
Tami Garrison Chair | OfficerTrustee | 1 | $0 |
Demetria Smith Director | OfficerTrustee | 1 | $0 |
Tony Shields Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,041 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,041 |
| Total Program Service Revenue | $0 |
| Investment income | $58 |
| 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 | $103,099 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $42,847 |
| Compensation of current officers, directors, key employees. | $10,711 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,550 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,887 |
| Advertising and promotion | $493 |
| Office expenses | $2,606 |
| Information technology | $3,101 |
| 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 | $826 |
| All other expenses | $0 |
| Total functional expenses | $148,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $347,197 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $75 |
| 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 | $391 |
| 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 | $347,663 |
| Accounts payable and accrued expenses | $5,204 |
| 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 | $5,204 |
| Net assets without donor restrictions | $342,459 |
| 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 | $347,663 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Milwaukee Parks Foundation has recieved totaling $5,225.
| Awarding Organization | Amount |
|---|---|
Bosley & Green Foundation Racine, WI PURPOSE: GENERAL OPERATIONS | $5,000 |
Baird Foundation Inc Milwaukee, WI PURPOSE: EDUCATION | $175 |
Ellenbecker Investment Groupcharitable Foundation Inc Pewaukee, WI PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Therese Communities St Louis Park, MN | $121,765,844 | $46,911,248 |
Center For Land Reform Inc Flint, MI | $4,615,802 | $4,633,000 |
Minnesota Center For Environmental Advocacy Saint Paul, MN | $4,803,986 | $3,527,564 |
Otsego County Economic Alliance Inc Gaylord, MI | $173,571 | $2,171,893 |
Taliesin Preservation Inc Spring Green, WI | $4,141,300 | $2,912,475 |
Michigan League Of Conservation Voters Education Fund Ann Arbor, MI | $2,117,866 | $2,173,600 |
Halter Wildlife Inc Pleasant Prairie, WI | $2,698,381 | $1,665,084 |
Marshall Area Economic Development Alliance Marshall, MI | $870,752 | $1,562,359 |
St Paul Transportation Management Organization Saint Paul, MN | $798,950 | $1,352,019 |
White Earth Rediscovery Center White Earth, MN | $13,477,224 | $170,141 |
Minnesota Forest Industries Inc Duluth, MN | $382,538 | $785,019 |
Clean Energy Economy Minnesota Minneapolis, MN | $198,416 | $664,959 |