Blue Ridge Parkway Foundation
- Assets
- $6.0m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 18
- Location
- Winstonsalem, NC
- Founding
- 04/1997
- Data as of
- 12/2021
- EIN
- 31-1512730
Organization Overview
Blue Ridge Parkway Foundation is located in Winstonsalem, NC. The organization was established in 1997. According to its NTEE Classification (C11) the organization is classified as: Single Organization Support, under the broad grouping of Environment and related organizations. As of 12/2021, Blue Ridge Parkway Foundation employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Ridge Parkway 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, Blue Ridge Parkway Foundation generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE, PROTECT, AND ENHANCE THE BLUE RIDGE PARKWAY AND ITS SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BLUE RIDGE PARKWAY FOUNDATION FUNDS PROJECTS AND PROGRAMS THAT ENSURE CULTURAL AND HISTORICAL PRESERVATION, NATURAL RESOURCE PROTECTION, AND EDUCATIONAL OUTREACH TO CURRENT AND FUTURE STEWARDS.
THE AWARD-WINNING KIDS IN PARKS PROGRAM LINKS THE HEALTH OF OUR CHILDREN TO THE HEALTH OF OUR PARKS AND PUBLIC LANDS BY GETTING CHILDREN UNPLUGGED AND OUTSIDE AND RECONNECTING WITH NATURAL AND CULTURAL RESOURCES. OVER 1.5 MILLION ADVENTURES HAVE BEEN HAD BY KIDS AND FAMILIES ON OVER 260 KIDS IN PARKS TRACK TRAILS ACROSS THE COUNTRY.
THE BLUE RIDGE MUSIC CENTER'S MISSION IS TO PRESERVE, INTERPRET, AND CELEBRATE THE MUSIC AND MUSICIANS OF THE BLUE RIDGE MOUNTAINS. ESTABLISHED BY THE U.S. CONGRESS IN 1985, THE SITE INCLUDES AN OUTDOOR AMPHITHEATER AND INDOOR INTERPRETIVE CENTER USED TO HIGHLIGHT AN IMPORTANT STRAND OF AMERICAN MUSICAL CULTURE. FUNDED THROUGH DONATIONS AND TICKET SALES FOR TRADITIONAL MUSIC EVENTS, BRMC OFFERS A SUMMER CONCERT SERIES AT THE AMPHITHEATER, MIDDAY MOUNTAIN MUSIC, A VISITOR CENTER, MUSEUM, AN INDOOR INTERPRETIVE CENTER, AND HIKING TRAILS - - ALL AT MILEPOST 213 IN GALAX, VA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Ward CEO | Officer | 40 | $135,410 |
John Mitchell Vice Chair | OfficerTrustee | 1 | $0 |
Jennifer Zuckerman Secretary | OfficerTrustee | 1 | $0 |
Alfred Adams Chair | OfficerTrustee | 1 | $0 |
Jim Mcdowell Treasurer | OfficerTrustee | 1 | $0 |
Bob Stout Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $560,211 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,751,448 |
| Noncash contributions included in lines 1a–1f | $35,290 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,311,659 |
| Total Program Service Revenue | $211,869 |
| Investment income | $38,677 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,642 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,573,105 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $43,202 |
| 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. | $148,236 |
| Compensation of current officers, directors, key employees. | $8,375 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $769,305 |
| Pension plan accruals and contributions | $33,531 |
| Other employee benefits | $96,831 |
| Payroll taxes | $66,774 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,814 |
| Fees for services: Accounting | $10,251 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,907 |
| Fees for services: Other | $139,905 |
| Advertising and promotion | $60,901 |
| Office expenses | $153,923 |
| Information technology | $30,189 |
| Royalties | $0 |
| Occupancy | $20,616 |
| Travel | $19,130 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,366 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,206 |
| Insurance | $7,236 |
| All other expenses | $0 |
| Total functional expenses | $1,959,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $660,880 |
| Savings and temporary cash investments | $2,518,563 |
| Pledges and grants receivable | $153,784 |
| Accounts receivable, net | $127,900 |
| 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 | $38,740 |
| Net Land, buildings, and equipment | $33,194 |
| Investments—publicly traded securities | $2,497,007 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,030,068 |
| Accounts payable and accrued expenses | $2,798 |
| Grants payable | $0 |
| Deferred revenue | $12,750 |
| 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 | $15,548 |
| Net assets without donor restrictions | $3,576,569 |
| Net assets with donor restrictions | $2,437,951 |
| 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 | $6,030,068 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Blue Ridge Parkway Foundation has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
Daniel Cowles Charitable Foundation New York, NY PURPOSE: IN SUPPORT OF ORGANIZATION'S MISSION | $6,000 |
Bailey Family Foundation Inc Vero Beach, FL PURPOSE: CHARITABLE PURPOSES | $500 |
Endowment Analysis
| Beg. Balance | $631,296 |
| Earnings | $42,928 |
| Ending Balance | $674,224 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memphis Botanic Garden Foundation Inc Memphis, TN | $14,081,049 | $3,694,417 |
Blue Ridge Parkway Foundation Winstonsalem, NC | $6,030,068 | $2,573,105 |
Captain Planet Foundation Inc Atlanta, GA | $680,888 | $2,286,899 |
Shenandoah National Park Trust Charlottesville, VA | $8,372,453 | $4,680,567 |
Norfolk Botanical Gardens Fdn Norfolk, VA | $18,026,648 | $1,194,057 |
The Piedmont Foundation Warrenton, VA | $27,967,026 | $2,971,891 |
Friends Of The Wnc Nature Center Inc Asheville, NC | $1,477,852 | $1,172,228 |
Metro Nashville Parks Foundation Nashville, TN | $463,128 | $172,023 |
Altapass Support Inc Spruce Pine, NC | $0 | $349,403 |
Friends Of The University Of Virginias Blandy Experimental Farm Boyce, VA | $1,194,241 | $328,709 |
Olde Hickory Mill Park Hickory, NC | $3,921,473 | $108,558 |
American Friends Of Durrell Wildlife Conservation Trust Inc Memphis, TN | $57,922 | $181,419 |