Friends Of Hoyt Park

Organization Overview

Friends Of Hoyt Park is located in Wauwatosa, WI. The organization was established in 2006. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Friends Of Hoyt Park employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Hoyt Park 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, Friends Of Hoyt Park generated $1.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 4.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

OPERATE AN OUTDOOR POOL, COMMUNITY GATHERING SPACE, AND PRESERVE THE SURROUNDING PARK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OPERATES A MEDIUM SIZED OUTDOOR FAMILY POOL AND COMMUNITY GATHERING SPACE AT HOYT PARK. DURING THE 2023 SEASON, TOSA POOL HAD OVER 90,000 VISITORS TO ITS OPEN SWIM, MEMBER LAP SWIM HOURS AND MEMBER NIGHTS. 1,500 FAMILY MEMBERSHIPS, 957 INDIVIDUAL, 289 CAREGIVER PASSES, AND 294 LAP SWIM PASSES WERE SOLD. THE ORGANIZATION SERVED THE COMMUNITY BY OFFERING OVER 1,200 HOURS OF LAP SWIMMING, PROVIDED JOBS FOR 117 WORKERS IN OUR FACILITIES AND OVER 300 CHILDREN LEARNED TO SWIM THANKS TO ITS PARTNER WAUWATOSA RECREATION DEPARTMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Barb Holtz
President
$0
Karen Spindler
Vice President
$0
Brad Foley
Secretary
$0
Linda Sullivan
Treasurer
$0
Matthew Vanderkamp
Board Member
$0
Laura Temke
Board Member
$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$85,994
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$85,994
Total Program Service Revenue$1,560,521
Investment income $1,838
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $81,752
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $7,866
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,764,741

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