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← MINNEAPOLIS PARKS FOUNDATION

Form 990 for tax year 2022

Filed by MINNEAPOLIS PARKS FOUNDATION.

Totals

Total revenue
$1,216,778
Total expenses
$1,518,255
Contributions and grants received
$1,141,831
Grants paid
$497,866
Program service revenue
$0
Investment income
$10,504
Other revenue
$64,443
Total assets, end of year
$2,888,627
Total liabilities, end of year
$291,920
Net assets or fund balances, end of year
$2,596,707
Program services expenses (Part IX)
$1,069,131
Management and general expenses
$244,737
Fundraising expenses
$204,387
Program service expenses (Part III)
$1,069,131

Program services were 70.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $79,015

  • 1e · Government grants (contributions)

    $91,618

  • 1f · All other contributions, gifts and grants

    $971,198

  • 1g · Noncash contributions included above

    $49,943

  • 3 · Investment income

    total $10,504 · excluded $10,504

  • 8a · Fundraising events: gross income

    $105,285

  • 8a · Fundraising events: contributions included on line 1c

    $79,015

  • 8b · Fundraising events: direct expenses

    $60,486

  • 8c · Net income from fundraising events

    total $44,799 · excluded $44,799

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $19,644 · excluded $19,644

  • 11e · Other revenue, total

    $19,644

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $497,866 · program services $497,866

  • 5 · Compensation of officers, directors and key employees

    total $147,191 · program services $107,156 · management and general $18,840 · fundraising $21,195

  • 7 · Other salaries and wages

    total $480,904 · program services $287,330 · management and general $114,293 · fundraising $79,281

  • 8 · Pension plan contributions

    total $4,634 · program services $2,109 · management and general $1,656 · fundraising $869

  • 9 · Other employee benefits

    total $42,933 · program services $25,649 · management and general $10,701 · fundraising $6,583

  • 10 · Payroll taxes

    total $45,872 · program services $28,910 · management and general $9,652 · fundraising $7,310

  • 11b · Fees: legal

    total $1,269 · management and general $1,269

  • 11c · Fees: accounting

    total $15,631 · management and general $15,631

  • 11e · Fees: professional fundraising services

    total $59,250 · fundraising $59,250

  • 11f · Fees: investment management

    total $4,655 · management and general $4,655

  • 11g · Fees: other

    total $68,467 · program services $33,682 · management and general $33,191 · fundraising $1,594

  • 12 · Advertising and promotion

    total $34,156 · program services $17,197 · management and general $10,522 · fundraising $6,437

  • 13 · Office expenses

    total $54,918 · program services $36,193 · management and general $6,466 · fundraising $12,259

  • 14 · Information technology

    total $4,346 · program services $2,677 · management and general $1,008 · fundraising $661

  • 16 · Occupancy

    total $12,320 · program services $7,466 · management and general $3,012 · fundraising $1,842

  • 17 · Travel

    total $15,295 · program services $12,556 · management and general $2,621 · fundraising $118

  • 19 · Conferences, conventions and meetings

    total $6,273 · program services $1,286 · management and general $4,349 · fundraising $638

  • 22 · Depreciation, depletion and amortization

    total $4,198 · program services $2,586 · management and general $974 · fundraising $638

  • 23 · Insurance

    total $7,062 · program services $1,769 · management and general $4,857 · fundraising $436

  • 24a · Other expenses: PROCESSING FEES

    total $5,121 · management and general $277 · fundraising $4,844

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $3,126 · program services $2,565 · management and general $339 · fundraising $222

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $1,439 · program services $849 · management and general $380 · fundraising $210

  • 24d · Other expenses: MISCELLANEOUS

    total $1,329 · program services $1,285 · management and general $44

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $8,445 · end of year $12,126

  • 2 · Savings and temporary cash investments

    beginning of year $2,119,043 · end of year $2,183,983

  • 3 · Pledges and grants receivable

    beginning of year $26,542 · end of year $20,000

  • 4 · Accounts receivable

    beginning of year $20,000 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $1,495 · end of year $1,180

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,851 · end of year $7,852

  • 10a · Land, buildings and equipment: cost or other basis

    $48,769

  • 10b · Land, buildings and equipment: accumulated depreciation

    $38,999

  • 10c · Land, buildings and equipment, net

    beginning of year $12,019 · end of year $9,770

  • 15 · Other assets

    beginning of year $1,065,692 · end of year $653,716

  • 17 · Accounts payable and accrued expenses

    beginning of year $46,280 · end of year $45,331

  • 25 · Other liabilities

    beginning of year $572,475 · end of year $246,589

  • 27 · Net assets without donor restrictions

    beginning of year $1,224,276 · end of year $1,155,480

  • 28 · Net assets with donor restrictions

    beginning of year $1,415,056 · end of year $1,441,227

Mission and programs · 2022

Mission

THE MINNEAPOLIS PARKS FOUNDATION TRANSFORMS HUMAN LIVES THROUGH PARKS & PUBLIC SPACES BY ALIGNING PHILANTHROPIC INVESTMENT & COMMUNITY VISION.

Activities or mission (Part I)

TRANSFORM LIVES THROUGH PARK & PUBLIC SPACE BY ALIGNING PHILANTHROPIC INVESTMENT & COMMUNITY VISION

  • SEE SCHEDULE O.MAJOR MULTI-YEAR CAPITAL INVESTMENTSRIVERFIRSTTHE RIVERFIRST INITIATIVE IS A 20-YEAR VISION FOR TRANSFORMING 5.5 MILES OF HEAVILY INDUSTRIALIZED MISSISSIPPI RIVERFRONT FROM DOWNTOWN MINNEAPOLIS TO THE CITY'S NORTHERN LIMIT WITH A SERIES OF INTERCONNECTED PARKS AND TRAILS. THE MINNEAPOLIS PARKS FOUNDATION (MPF) COLLABORATES WITH THE MINNEAPOLIS PARK & RECREATION BOARD (MPRB), THE CITY OF MINNEAPOLIS, AND OTHER PUBLIC AND PRIVATE PARTNERS TO REALIZE THE RIVERFIRST VISION OF RESTORING A RELATIONSHIP BETWEEN UNDER-RESOURCED COMMUNITIES IN NORTH MINNEAPOLIS AND THE REGION'S GREATEST NATURAL ASSET THE MISSISSIPPI RIVER. MPF'S ROLE IS TO ADVOCATE FOR INNOVATION, RAISE PRIVATE PHILANTHROPY FOR RIVERFIRST PROJECTS, AND ENGAGE THE COMMUNITY TO KEEP THIS VISION A PRIORITY FOR THE CITY, IMPLEMENTING AGENCIES, POLICYMAKERS, AND FUNDERS.MPF BUILT AWARENESS AND USE OF WATER WORKS AT MILL RUINS PARK AND THE OVERLOOK AT 26TH AVE N, WHICH EXPERIENCED A GROWING NUMBER OF VISITORS IN 2022 AFTER NEWLY OPENING IN 2021. ACTIVITIES INCLUDED: (1) MAKING THE OVERLOOK AT DESTINATION FOR A NEW WALK & TALK AND WELL AS A SERIES OF COMMUNITY SLOW ROLL EVENTS; (2) HOSTING EVENTS AT WATER WORKS AND PROMOTING ITS RECOGNITION BY NATIONAL ORGANIZATION LIKE AMERICAN INSTITUTE OF ARCHITECTS AND JAMES BEARD; (3) CREATING A DIGITAL STORYTELLING SERIES ABOUT THE MULTI-CULTURAL AND INTERSECTING STORIES THIS SACRED SPACE HAS ITSELF HOSTED; AND (4) PARTICIPATING IN THE DESIGN PROCESS FOR THE TRAIL EXTENSION CONNECTING OLE OLSON PARK TO THE OVERLOOK.NORTH COMMONS PARKTHROUGH THE LONG-RANGE MASTER PLANNING PROCESS, NORTH COMMONS PARK HAS EMERGED AS A TOP PRIORITY FOR BOTH THE NORTH MINNEAPOLIS COMMUNITY AND THE MINNEAPOLIS PARK AND RECREATION BOARD. IN 2022, MPF ENTERED INTO A MEMO OF UNDERSTANDING WITH MPRB TO SUPPORT PLANNING, COMMUNITY ENGAGEMENT, AND FUNDING FOR THE NORTH COMMONS PROJECT. OUR WORK INCLUDED 1) COMPLETING A CAPITAL CAMPAIGN FEASIBILITY STUDY; 2) PLANNING AND HOSTING ENGAGEMENT EVENTS WITH COMMUNITY COLLABORATORS; 3) INITIATING CAPITAL FUNDRAISING, AND 4) PROMOTING ENGAGEMENT EVENTS AND AMPLIFYING PARK AND PROJECT AWARENESS. EQUITABLE INVESTMENTS THROUGHOUT MINNEAPOLIS PARKSTHE MINNEAPOLIS PARKS FOUNDATION IS THE ONLY INDEPENDENT DONOR-SUPPORTED NONPROFIT THAT CONTRIBUTES ACROSS THE ENTIRE MINNEAPOLIS PARK SYSTEM. WE COLLABORATE WITH COMMUNITY TO UNLOCK PROJECTS AND PROGRAMS THAT PROMOTE EQUITY AND CULTURAL INCLUSION, HEALTH AND WELLBEING, CONNECTIONS TO THE NATURAL WORLD, CLIMATE RESILIENCE, AND ECONOMIC VITALITY.PEOPLE FOR PARKS FUNDCREATED IN 2020 THROUGH OUR CONSOLIDATION WITH PEOPLE FOR PARKS, THE PEOPLE FOR PARKS FUND CARRIES FORWARD A 40-YEAR LEGACY OF GRANT MAKING FOR SMALL NEIGHBORHOOD-BASED PROJECTS AND PROGRAMS IN MINNEAPOLIS PARKS. IN 2022, WE (1) INITIATED THE FUND'S SECOND GRANT CYCLE, DISTRIBUTING GRANTS TO LOCAL NONPROFITS AND AGENCIES; (2) DOCUMENTED THE OUTCOMES 2022 GRANTS WITH PROFILES ON OUR BLOG; (3) HOSTED THE POSTERS FOR PARKS SHOW, A VIRTUAL FUNDRAISING EVENT CO-HOSTED BY LOVEMPLSPARKS WITH PROCEEDS SUPPORTING THE PEOPLE FOR PARKS FUND; (4) PARTNERED IN THREE BREWERY RUNS WITH PROCEEDS SUPPORTING THE FUND; AND (5) ADMINISTERED THE FUND UNDER GUIDANCE FROM THE ADVISORY COMMITTEE, CONSISTING OF MPF BOARD MEMBERS AND REPRESENTATIVES FROM THE COMMUNITY.REIMAGINING THE CIVIC COMMONSREIMAGINING THE CIVIC COMMONS (RCC) IS A COLLABORATIVE EFFORT OF NATIONAL FOUNDATIONS AND LOCAL PARTNERS WORKING TO TRANSFORM PUBLIC SPACES IN WAYS THAT ADVANCE ENGAGEMENT, EQUITY, ENVIRONMENTAL SUSTAINABILITY, AND ECONOMIC DEVELOPMENT. IN 2022, MPF CONTINUED AS CONVENER OF RCC IN MINNEAPOLIS. IN 2022, WE (1) HOSTED AN INTERAGENCY PLANNING SESSION AS PART OF DESIGN WEEK AT NORTH COMMONS; (2) PARTICIPATED IN NATIONAL LEARNING NETWORK INITIATIVES, INCLUDING HELPING TO PRODUCE A COMMUNITY ENGAGEMENT TOOLS FOR PRACTITIONERS; (3) HOSTED "STUDIO 6," AN IN-PERSON SYMPOSIUM OF 120+ NATIONAL PARKS AND CITY PLANNERS AND DESIGNERS; AND (4) SUPPORTED COMMUNITY-LED INITIATIVES TO ENGAGE YOUTH AND ADULTS IN COMMUNITY-BUILDING EVENTS.FOSTERING ENGAGEMENTMPF SEEKS TO CONNECT PEOPLE TO EACH OTHER AND NATURE THROUGH OUR PARKS. IN 2022, WE (1) HOSTED THREE NEW WALK & TALKS AND PUBLISHED COORDINATING SELF-GUIDED TOURS; AND (2) RE-STOCKED 50+ LITTLE FREE LIBRARIES WITH MORE THAN 1,750 CULTURALLY RELEVANT ADULT AND CHILDREN'S BOOKS.EVENTSNEXT GENERATION OF PARKS EVENT SERIESTHROUGH MPF'S ALWAYS-FREE NEXT GENERATION OF PARKS EVENTS, GLOBAL DESIGN INNOVATORS AND THOUGHT-LEADERS DEMYSTIFY THE INTERSECTION OF PARKS AND THE IMPORTANT ISSUES OF THE DAY, INCLUDING EQUITY, CLIMATE CHANGE, PHYSICAL AND MENTAL HEALTH, AND VALUE CREATION. IN 2022, MPF HOSTED ITS FIRST HYBRID EVENT, FEATURING AMBREEN TARIQ FOR A TWO-PART TALK-THEN-WALK THAT DREW HUNDREDS OF REGISTRANTS. THE EVENT WAS HOSTED ON FEBRUARY 5, 2022, IN PARTNERSHIP WITH THE GREAT NORTHERN FESTIVAL. POSTERS FOR PARKSPOSTERS FOR PARKS IS AN ANNUAL FUNDRAISING EVENT THAT SUPPORTS THE PEOPLE FOR PARKS FUND. IN 2022, 41 ARTISTS CREATED ORIGINAL WORKS OF ART WHICH WERE SOLD AT AN IN-PERSON GALLERY EVENT ON OCTOBER 22, AS WELL AS ONLINE. MORE THAN 1,000 POSTERS WERE SOLD, WITH HALF OF EACH SALE GOING TO THE ARTIST AND PROCEEDS FROM THE REMAINING HALF SUPPORTING THE PEOPLE FOR PARKS FUND.SUNRISE ON THE MISSISSIPPINEARLY 250 PEOPLE GATHERED UNDER THE BIG TENT ON THURSDAY, SEPTEMBER 8, FOR OUR ANNUAL BREAKFAST BENEFIT, SUNRISE ON THE MISSISSIPPI. MINNEAPOLIS PARKS SUPERINTENDENT AL BANGOURA SHARED HIS VISION FOR MINNEAPOLIS PARKS, SAYING, "BECAUSE PARKS OFFER SOMETHING FOR EVERYONE LIKE NOTHING ELSE IN OUR SOCIETY IT'S NOT ENOUGH TO BE GOOD ENOUGH, WE HAVE TO BE AMAZING." DONORS RESPONDED IN KIND: GIVING THE FIRST STANDING OVATION IN EIGHT YEARS OF SUNRISE AND RAISING FUNDS TO SUPPORT TRANSFORMATIVE PARKS PROJECTS AND PROGRAMS.

    Expenses $1,069,131 · Grants $497,866

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Thomas Evers

    EXECUTIVE DIRECTOR

    Total calculated
    $147,192
    From this org
    $132,353
    From related orgs
    $0
    Other
    $14,839
    Hours/week
    40
  • Sarah Duniway

    CHAIR OF BOARD & EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    4
  • Keith Holloman

    VICE CHAIR & CHAIR OF PROJECT COMMITTEE

    Total calculated
    $0
    Hours/week
    4
  • Nima Ahmadi

    TREASURER & CHAIR OF FINANCE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Jasmine Russell

    DIRECTOR & CHAIR OF PFP COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Heidi Schmidt

    DIRECTOR & CHAIR OF DEVELOPMENT COMMITTEE

    Total calculated
    $0
    Hours/week
    4
  • Karin Birkeland

    SECRETARY & CHAIR OF GOVERNANCE COMMITTEE

    Total calculated
    $0
    Hours/week
    4
  • Dorothy Bridges

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    4
  • Stuart Ackerberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Zakaria Aden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dan Avchen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Al Bangoura

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Sue Bennett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Yuan Daniel Cheng

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Matthew Duditch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jacob Frey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Joseph Gibbons

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jay Halvorson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Pahoua Yang Hoffman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Angelica Klebsch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Erick Garcia Luna

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Mary McCarthy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kelsey Arneson Metzger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Paul Reyelts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • Heath Rudduck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Mike Shelton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Becka Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Karen Trouba

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • MINNEAPOLIS PARK AND RECREATION BOARD

    $450,700

    RIVERFIRST, RECREATION PROGRAMS, & PLAYGROUND EQUIPMENT

  • LAKESHORE EROSION STABILIZATION

Provenance

Return type
form_990
Tax year
2022
Filed
17 April 2023
IRS schema version
2022v5.0
Source object
202341119349300719

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