Civic Intelligence

Minneapolis Parks Foundation

990 • Fiscal year 2012 • EIN 20-0715686

Jan 01, 2012 to Dec 31, 2012 • Filed on May 14, 2013

4800 Minnehaha Ave S55417
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.09x

Higher debt load relative to assets than 56% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

44th percentile

-0.1%

Faster asset growth than 44% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$480,293

Down $537 (-0.1%) from 2011

Net Assets

Up

$438,940

Up $155,467 (+55%) from 2011

Liabilities

Down

$41,353

Down $156,004 (-79%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$443,340

Up $68,153 (+18%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $322,459Liabilities 2010: $76,714Net Assets 2010: $245,7452010Assets 2011: $480,830Liabilities 2011: $197,357Net Assets 2011: $283,4732011Assets 2012: $480,293Liabilities 2012: $41,353Net Assets 2012: $438,9402012Assets 2013: $479,429Liabilities 2013: $49,029Net Assets 2013: $430,4002013Assets 2014: $690,955Liabilities 2014: $7,338Net Assets 2014: $683,6172014Assets 2015: $4,860,524Liabilities 2015: $3,603,246Net Assets 2015: $1,257,2782015Assets 2016: $9,279,234Liabilities 2016: $7,817,760Net Assets 2016: $1,461,4742016Assets 2017: $10,632,932Liabilities 2017: $9,311,024Net Assets 2017: $1,321,9082017Assets 2018: $9,082,401Liabilities 2018: $7,785,597Net Assets 2018: $1,296,8042018Assets 2019: $7,000,406Liabilities 2019: $5,704,629Net Assets 2019: $1,295,7772019Assets 2020: $2,525,533Liabilities 2020: $633,037Net Assets 2020: $1,892,4962020Assets 2021: $3,258,087Liabilities 2021: $618,755Net Assets 2021: $2,639,3322021Assets 2022: $2,888,627Liabilities 2022: $291,920Net Assets 2022: $2,596,7072022Assets 2023: $13,795,160Liabilities 2023: $10,020,253Net Assets 2023: $3,774,9072023Assets 2024: $17,673,555Liabilities 2024: $13,234,559Net Assets 2024: $4,438,9962024

Highlighted filing

2012

Assets$480,293
Liabilities$41,353
Net Assets$438,940

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2010: $340,109Expenses 2010: $347,559Net Income 2010: -$7,4502010Expenses 2011: $375,1872011Expenses 2012: $443,3402012Revenue 2013: $593,075Expenses 2013: $601,615Net Income 2013: -$8,5402013Revenue 2014: $816,465Expenses 2014: $563,248Net Income 2014: $253,2172014Revenue 2015: $4,961,330Expenses 2015: $809,239Net Income 2015: $4,152,0912015Revenue 2016: $5,937,734Expenses 2016: $1,541,632Net Income 2016: $4,396,1022016Revenue 2017: $2,794,085Expenses 2017: $1,423,830Net Income 2017: $1,370,2552017Revenue 2018: $2,368,064Expenses 2018: $3,927,301Net Income 2018: -$1,559,2372018Revenue 2019: $3,591,367Expenses 2019: $5,679,971Net Income 2019: -$2,088,6042019Revenue 2020: $2,799,724Expenses 2020: $7,270,387Net Income 2020: -$4,470,6632020Revenue 2021: $2,195,197Expenses 2021: $1,469,918Net Income 2021: $725,2792021Revenue 2022: $1,216,778Expenses 2022: $1,518,255Net Income 2022: -$301,4772022Revenue 2023: $12,805,116Expenses 2023: $1,746,389Net Income 2023: $11,058,7272023Revenue 2024: $5,204,165Expenses 2024: $1,333,861Net Income 2024: $3,870,3042024

Highlighted filing

2012

Revenue-
Expenses$443,340
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 14, 2013
Return Version
2012v2.0
Gross Receipts
$626,854
Mission and Program Overview

Mission

The minneapolis parks foundation transforms human lives through parks & public spaces by aligning philanthropic investment & community vision.

Filing and Contact Details

Filer

EIN
20-0715686
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IRS990/Description0WaterWorks: WaterWorks is a proposed new park for Minneapolis' central riverfront, and is an important convergence of multiple riverfront destinations. Phase I was a conceptual development plan which explored program options, design concepts and feasibility. This process began in December 2011 and included: 2 public meetings, 2 "resource group" meetings, and a 30-day public comment period and concluded in the first part of 2012. Funding for Phase I was a combination of private donations and public/private grants. Fundraising for Phase II - pre-development - began in 2012 and included focused meetings with area residents (2 in the fourth quarter of 2012) and private/public grants. Ongoing communications for this project included community meetings, monthly newsletters, updates, and social media. The Foundation is on schedule to release a request for proposal for the site during early 2013.RiverFirst Initiative: The partnership among the City of Minneapolis, the Minneapolis Park & Recreation Board and the Foundation, and the selection of the Foundation to lead Phase III of the Initiative received approval from the City Council and Board of Commissioners in 2012. Phase III, the Start-Up Phase, began in August 2012 and will be managed and coordinated by the Foundation. Phase II consists of a 9-month phase for overall program coordination, the development of a financial/funding strategy and community engagement and communication. Components of this Phase include: launching a dedicated RiverFirst website in October 2012, holding quarterly Steering Committee meetings; holding community meetings to share updates from the design team (first meeting scheduled for January 2013); ongoing newsletters (2 sent in 2012) and blogs.Minne: Minne was located in Wirth Lake throughout the summer. Her launch generated widespread broadcast and print coverage, including all four Twin Cities' television stations, severl radio mentions, the Minneapolis Star Tribune, as well as community news outlets online. Her appearance even drew the attention of the Huffington Post. Through her, the Foundation was active on social media, including Facebook and Twitter. In the winter months, Minne was on loan to the Brigham Young Museum of Art for an art exhibit entitled, "We Could Be Heroes."Next Generation Lecture Series: This public lecture series highlights transformative parks design from around the world. It is presented by the Foundation with its partners the Walker Art Center, the University of Minnesota College of Design, and the Minnesota Chapter - American Society of Landscape Architects. Our 2012 lecture, held in October, featured Tracy Metz, author of "Sweet and Salt: Water and the Dutch." Over 150 attended the lecture and reception. Ongoing blog posts highlight other park designs in the news.
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IRS990/OtherExpenses/Description1MEETING EXPENSES
IRS990/OtherExpenses/Description2MISCELLANEOUS
IRS990/OtherExpenses/Description3Printing and Publications
IRS990/OtherExpenses/Fundraising0513
IRS990/OtherExpenses/Fundraising14
IRS990/OtherExpenses/Fundraising21512
IRS990/OtherExpenses/Fundraising32515
IRS990/OtherExpenses/ManagementAndGeneral0513
IRS990/OtherExpenses/ManagementAndGeneral1179
IRS990/OtherExpenses/ManagementAndGeneral2572
IRS990/OtherExpenses/ManagementAndGeneral33082
IRS990/OtherExpenses/ProgramServices01556
IRS990/OtherExpenses/ProgramServices12479
IRS990/OtherExpenses/ProgramServices2807
IRS990/OtherExpenses/ProgramServices3507
IRS990/OtherExpenses/Total02582
IRS990/OtherExpenses/Total12662
IRS990/OtherExpenses/Total22891
IRS990/OtherExpenses/Total36104
IRS990/OtherLiabilities/BOY0138372
IRS990/OtherLiabilities/EOY03757
IRS990/OtherNotesLoansReceivableNet/EOY00
IRS990/OtherRevenueCurrentYear04129
IRS990/OtherRevenueMisc/Description0Miscellaneous
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome0-506
IRS990/OtherRevenueMisc/TotalRevenueColumn0-506
IRS990/OtherRevenuePriorYear09043
IRS990/OtherSalariesAndWages/Fundraising020848
IRS990/OtherSalariesAndWages/ManagementAndGeneral011957
IRS990/OtherSalariesAndWages/ProgramServices050335
IRS990/OtherSalariesAndWages/Total083140
IRS990/OtherWebsite0X
IRS990/PartialLiquidation0false
IRS990/PaymentsToAffiliates/Total00
IRS990/PayrollTaxes/Fundraising02086
IRS990/PayrollTaxes/ManagementAndGeneral02086
IRS990/PayrollTaxes/ProgramServices09736
IRS990/PayrollTaxes/Total013908
IRS990/PensionPlanContributions/Total00
IRS990/PledgesAndGrantsReceivable/EOY051709
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.7$13.2$4.44$5.20$1.33$3.87
2023Detailed filing. Detailed filing data is available for this year.$13.8$10.0$3.77$12.8$1.75$11.1
2022Detailed filing. Detailed filing data is available for this year.$2.89$0.29$2.60$1.22$1.52$0.30
2021Detailed filing. Detailed filing data is available for this year.$3.26$0.62$2.64$2.20$1.47$0.73
2020Detailed filing. Detailed filing data is available for this year.$2.53$0.63$1.89$2.80$7.27$4.47
2019Detailed filing. Detailed filing data is available for this year.$7.00$5.70$1.30$3.59$5.68$2.09
2018Detailed filing. Detailed filing data is available for this year.$9.08$7.79$1.30$2.37$3.93$1.56
2017Detailed filing. Detailed filing data is available for this year.$10.6$9.31$1.32$2.79$1.42$1.37
2016Detailed filing. Detailed filing data is available for this year.$9.28$7.82$1.46$5.94$1.54$4.40
2015Detailed filing. Detailed filing data is available for this year.$4.86$3.60$1.26$4.96$0.81$4.15
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.01$0.68$0.82$0.56$0.25
2013Detailed filing. Detailed filing data is available for this year.$0.48$0.05$0.43$0.59$0.60$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.04$0.44$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.20$0.28$0.38
2010Summary only. Only limited summary data is available for this year.$0.32$0.08$0.25$0.34$0.35$0.01