Form 990 for tax year 2022
Filed by LINCOLN PARKS & RECREATION FNDN.
Totals
- Total revenue
- $1,658,302
- Total expenses
- $3,224,097
- Contributions and grants received
- $1,674,815
- Grants paid
- $2,435,120
- Program service revenue
- $6,811
- Investment income
- -$30,308
- Other revenue
- $6,984
- Total assets, end of year
- $20,047,556
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $20,047,556
- Program services expenses (Part IX)
- $2,875,263
- Management and general expenses
- $210,463
- Fundraising expenses
- $138,371
- Program service expenses (Part III)
- $2,875,263
Program services were 89.2% 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.
-
1f · All other contributions, gifts and grants
$1,674,815
-
2a · Program service revenue: SENIOR DANCE
total $6,811 · related or exempt $6,811
-
3 · Investment income
total $409,841 · excluded $409,841
-
7a · Gross sales of assets other than inventory
securities $4,478,642
-
7b · Less cost or other basis and sales expenses
securities $4,918,791
-
7c · Gain or loss
securities -$440,149
-
7d · Net gain or loss
total -$440,149 · excluded -$440,149
-
9a · Gaming: gross income
$18,606
-
9b · Gaming: direct expenses
$11,622
-
9c · Net income from gaming
total $6,984 · unrelated business $6,984
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,435,120 · program services $2,435,120
-
5 · Compensation of officers, directors and key employees
total $60,962 · program services $6,096 · management and general $24,385 · fundraising $30,481
-
7 · Other salaries and wages
total $126,691 · program services $36,736 · management and general $62,446 · fundraising $27,509
-
10 · Payroll taxes
total $10,947 · program services $2,518 · management and general $3,502 · fundraising $4,927
-
11b · Fees: legal
total $130,085 · program services $122,035 · management and general $8,050
-
11c · Fees: accounting
total $15,315 · program services $3,315 · management and general $12,000
-
11f · Fees: investment management
total $54,110 · program services $650 · management and general $53,460
-
11g · Fees: other
total $2,500 · program services $2,500
-
13 · Office expenses
total $36,124 · management and general $22,083 · fundraising $14,041
-
23 · Insurance
total $4,654 · management and general $4,654
-
24a · Other expenses: PROGRAMS
total $134,900 · program services $134,900
-
24b · Other expenses: CONSTRUCTION
total $73,267 · program services $63,067 · fundraising $10,200
-
24c · Other expenses: MISC
total $47,439 · management and general $6,864 · fundraising $40,575
-
24d · Other expenses: MARKETING
total $45,640 · program services $36,265 · management and general $9,375
-
24e · All other expenses
total $46,343 · program services $32,061 · management and general $3,644 · fundraising $10,638
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $815,835 · end of year $802,922
-
2 · Savings and temporary cash investments
beginning of year $6,538,297 · end of year $5,821,814
-
4 · Accounts receivable
end of year $760
-
7 · Other notes and loans receivable
end of year $408,300
-
11 · Investments: publicly traded securities
beginning of year $16,767,997 · end of year $13,013,760
-
17 · Accounts payable and accrued expenses
beginning of year $11,853 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $475,822 · end of year $573,285
-
28 · Net assets with donor restrictions
beginning of year $23,634,454 · end of year $19,474,271
Mission and programs · 2022
Mission
THE LINCOLN PARKS FOUNDATION'S MISSION IS TO INSPIRE AND NURTURE A PHILANTHROPIC LEGACY FOR PARKS AND RECREATION IN OUR COMMUNITY.
Activities or mission (Part I)
TO INSPIRE AND NURTURE A PHILANTHROPIC LEGACY FOR PARKS AND RECREATION IN OUR COMMUNITY.
-
THE FOUNDATION'S MAJOR PROGRAM IS TO PROVIDE FUNDING FOR IMPROVING LINCOLN'S PARKS AND RECREATION SYSTEM AND PROGRAMS.2022 PROGRAM HIGHLIGHTS:ACTIVE FUNDRAISING FOR THE HOLMES LAKE DOCK, MIDWEST RACERS TRACK, VETERANS MEMORIAL GARDEN AND PREPARATION FOR THE SOUTH HAYMARKET PARK CAMPAIGN.
Expenses $2,875,263 · Grants $2,435,120 · Revenue $6,811
As filed on the 2022 return.
Listed in Part VII
-
Brad BrandtBRAD BRANDT
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kate JareckeKATE JARECKE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jessica McMullenJESSICA MCMULLEN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Pam SheetsPAM SHEETS
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Jeff JewellJEFF JEWELL
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Ann AveryANN AVERY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Heather KeeleHEATHER KEELE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason MuhleisenJASON MUHLEISEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ray StevensRAY STEVENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Phil KnudsonPHIL KNUDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jj YostJJ YOST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Justin CarlsonJUSTIN CARLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Margaret StuckeyMARGARET STUCKEY
EXEC DIR (JAN - MAY)
- Total calculated
- $41,158
- From this org
- $41,158
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Randall GordonRANDALL GORDON
EXEC DIR (OCT - DEC)
- Total calculated
- $19,804
- From this org
- $19,804
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
-
CITY OF LINCOLN NEBRASKA
$1,680,728
PARK IMPROVEMENTS
-
$754,392
PRESERVATION
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · PRESERVATION · NE · controlled entity
Directly controlled by LINCOLN PARKS AND RECREATION FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 31 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323069349300837
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