Heritage Square Foundation
- Assets
- $201.3k
- Revenue
- $428.3k
- Investments
- $0.0
- Employees
- 9
- Location
- Phoenix, AZ
- Founding
- 03/1981
- Data as of
- 06/2022
- EIN
- 86-0378502
Organization Overview
Heritage Square Foundation is located in Phoenix, AZ. The organization was established in 1981. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Heritage Square Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage Square 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 06/2022, Heritage Square Foundation generated $428.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $334.6k during the year ending 06/2022. 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
HERITAGE SQUARE FOUNDATION IS DEDICATED TO PRESERVING AND SHARING THE STORIES, COLLECTION, HISTORIC BUILDINGS, AND GROUNDS OF HERITAGE SQUARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HERITAGE SQUARE FOUNDATION SUPPORTED 10 HISTORIC BUILDINGS IN ONE SQUARE BLOCK OF DOWNTOWN PHOENIX, INCLUDING THE ROSSON HOUSE MUSEUM. WITH LIMITED STAFFING THROUGHOUT MOST OF THE 2022 FISCAL YEAR, WE FOCUSED ON PROVIDING OUR STANDARD TOUR OFFERINGS ALONG WITH A SMALL NUMBER OF SPECIALTY TOURS AND OTHER PROGRAMS/EVENTS. INCREASING DEMAND GAVE US THE OPPORTUNITY TO SEE OVER 3,000 VISITORS THROUGH THE MUSEUM, A 300 INCREASE OVER THE PREVIOUS YEAR. WE ADDED ROBUST CONTENT TO OUR WEBSITE IN ENGLISH AND SPANISH TO PROVIDE PEOPLE WITH DETAILED INFORMATION ABOUT THE ROOMS OF THE ROSSON HOUSE MUSEUM. IN PARTNERSHIP WITH EMANCIPATION ARTS LLC, WE CONTINUED TO SHOW THE TRAVELING EXHIBIT, THE GREAT MIGRATION INDISCERNIBLES IN ARIZONA, AND WE WELCOMED BACK THE FESTIVAL, THE SOUL OF THE GREAT MIGRATION A CELEBRATION OF BLACK MUSIC. IN PARTNERSHIP WITH NONPROFIT REALTIMESTEAM, WE DISPLAYED AN INTERACTIVE EXHIBIT ON VICTORIAN ERA MEDICAL SCIENCE AT PHOENIX FAN FUSION, WELCOMING OVER 2000 VISITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kari Carlisle Executive Director | Officer | 40 | $62,173 |
Kevin Lozier President | OfficerTrustee | 2 | $0 |
Gerald M Cook Vice President | OfficerTrustee | 2 | $0 |
Leah Harrison Secretary | OfficerTrustee | 1 | $0 |
Laura Read Treasurer | OfficerTrustee | 3 | $0 |
John Larsen Southard Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $949 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $175,932 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,497 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,378 |
| Total Program Service Revenue | $110,653 |
| Investment income | $938 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $105,668 |
| 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 | $4,695 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $428,332 |
| 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. | $62,173 |
| Compensation of current officers, directors, key employees. | $6,037 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $157,097 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,180 |
| Payroll taxes | $17,191 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,270 |
| Office expenses | $5,272 |
| Information technology | $9,700 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,422 |
| Interest | $1,200 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,734 |
| Insurance | $3,487 |
| All other expenses | $10,850 |
| Total functional expenses | $334,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,017 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,481 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,204 |
| Investments—publicly traded securities | $17,470 |
| Investments—other securities | $0 |
| Investments—program-related | $27,103 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $201,275 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $56,225 |
| 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 | $58,700 |
| Other liabilities | $55,101 |
| Total liabilities | $170,026 |
| Net assets without donor restrictions | $23,517 |
| Net assets with donor restrictions | $7,732 |
| 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 | $201,275 |