Fair Park First
- Assets
- $15.3m
- Revenue
- $21.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 10/2019
- Data as of
- 09/2022
- EIN
- 83-1837875
Organization Overview
Fair Park First is located in Dallas, TX. The organization was established in 2019. According to its NTEE Classification (A02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fair Park First 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 09/2022, Fair Park First generated $21.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 32.9% each year . All expenses for the organization totaled $17.6m during the year ending 09/2022. While expenses have increased by 20.4% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FAIR PARK FIRST IS A NON-PROFIT ORGANIZATION CREATED TO OVERSEE THE MANAGEMENT AND STEWARDSHIP OF FAIR PARK, A 277 ACRE DALLAS CITY PARK, AND NTNL. HISTORIC LANDMARK, HOME TO NUMEROUS CULTURAL INSTITUTIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVERSIGHT, MANAGEMENT, AND STEWARDSHIPT OF FAIR PARK, A 277 ACRE DALLAS CITY PARK HOSTING 67 SEPARATE EVENTS WITH AN ATTENDANCE OF 315,780 PARTICIPANTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Luallen Chief Executive Director | Officer | 40 | $153,471 |
Ann Barbier-Mueller Director | Trustee | 1.25 | $0 |
Margo Ramirez Keys Director | Trustee | 1.25 | $0 |
Emily H Ledet Director | Trustee | 1.25 | $0 |
Sonya Woods Rose Director | Trustee | 1.25 | $0 |
Kimberly Shaw Director | Trustee | 1.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mla Green Inc Landscape Architectural Services | 9/29/22 | $675,904 |
Texas Premier Cleaning Service | 9/29/22 | $518,160 |
Platinum Event Services Security Services | 9/29/22 | $1,817,606 |
Global Spectrum Management Fee | 9/29/22 | $850,000 |
Belfor Usa Group Inc Property Restoration | 9/29/22 | $1,076,181 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,427,078 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,198,161 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,625,239 |
| Total Program Service Revenue | $0 |
| Investment income | -$158,502 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,603,597 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,746,910 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $153,471 |
| Compensation of current officers, directors, key employees. | $153,471 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,437,306 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $616,140 |
| Payroll taxes | $267,892 |
| Fees for services: Management | $356,667 |
| Fees for services: Legal | $602,004 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,318,541 |
| Advertising and promotion | $0 |
| Office expenses | $175,711 |
| Information technology | $106,743 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $50,474 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $32,759 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $396,497 |
| Insurance | $253,852 |
| All other expenses | $700,562 |
| Total functional expenses | $17,596,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,120,110 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $8,996,191 |
| Accounts receivable, net | $1,274,140 |
| 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 | $782,178 |
| Net Land, buildings, and equipment | $1,155,929 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,328,548 |
| Accounts payable and accrued expenses | $3,714,948 |
| Grants payable | $0 |
| Deferred revenue | $1,972,139 |
| 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 | $4,100,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $460,656 |
| Total liabilities | $10,247,743 |
| Net assets without donor restrictions | -$923,695 |
| Net assets with donor restrictions | $6,004,500 |
| 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 | $15,328,548 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fair Park First has recieved totaling $250,000.
| Awarding Organization | Amount |
|---|---|
Addy Foundation Dallas, TX PURPOSE: CIVIC/COMMUNITY ENGAGEMENT | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fair Park First Dallas, TX | $15,328,548 | $21,746,910 |
National Performance Network Inc New Orleans, LA | $8,172,778 | $5,003,987 |
3 Day Startup Inc Austin, TX | $3,775 | $604,302 |
The Tulsa Arts Management Consortium Inc Tulsa, OK | $93,286 | $337,108 |
Carole Kneeland Project For Responsible Television Austin, TX | $889,479 | $101,219 |
Art Launch Houston, TX | $9,734 | $0 |
Oklahoma Indian Arts & Crafts Cooperative Anadarko, OK | $19,601 | $0 |
Dart Music International Austin, TX | $31 | $0 |