Portland Rose Festival Foundation
- Assets
- $2.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 16
- Location
- Portland, OR
- Founding
- 03/2008
- Data as of
- 10/2021
- EIN
- 93-0333036
Organization Overview
Portland Rose Festival Foundation is located in Portland, OR. The organization was established in 2008. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 10/2021, Portland Rose Festival Foundation employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland Rose Festival 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 10/2021, Portland Rose Festival Foundation generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $1.2m during the year ending 10/2021. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PORTLAND ROSE FESTIVAL FOUNDATION IS A NON-PROFIT THAT SERVES THE COMMUNITY BY PROVIDING FAMILIES AND INDIVIDUALS WITH PROGRAMS AND EVENTS THAT PROMOTE THE ARTS, EDUCATION, AND VOLUNTEERISM. WE VALUE ENVIRONMENTAL RESPONSIBILITY, DIVERSITY, PATRIOTISM, AND OUR HISTORIC & FLORAL HERITAGE.
Describe the Organization's Program Activity:
FOR OVER ONE HUNDRED YEARS, THE PORTLAND ROSE FESTIVAL FOUNDATION HAS SERVED FAMILIES AND INDIVIDUALS FROM OREGON AND BEYOND WITH EVENTS AND PROGRAMS THAT SPOTLIGHT THE RICHES OF OUR PACIFIC NORTHWEST HERITAGE AND ENVIRONMENT WHILE OFFERING COLORFUL EXAMPLES OF MANY INTERNATIONAL CULTURES. IN 2020, THE FOUNDATION DEMONSTRATED RESILIENCY BY ADJUSTING ITS MISSION-BASED PROGRAMMING DURING THE GLOBAL PANDEMIC. WHILE LARGE-SCALE EVENTS WERE PROHIBITED, PARTICIPATORY ACTIVITIES TO SAFELY ENGAGE THE COMMUNITY IN THEIR HOMES SERVED TO KEEP TRADITIONS ALIVE, LIFT SPIRITS, AND OFFERED HOPE IN TRYING TIMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Curtis CEO | Officer | 60 | $120,316 |
Marilyn Clint COO | 40 | $109,396 | |
Kirk Newell Asst. Treasurer | OfficerTrustee | 1 | $0 |
Dave Todd President | OfficerTrustee | 1 | $0 |
Contesa Diaz-Nicolaidis President - Elect | OfficerTrustee | 1 | $0 |
Jeremy Emerson Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tcb Security Services Security/gate Admissions | 10/30/19 | $176,734 |
Sci 32 Float Builder | 10/30/19 | $103,937 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $618,412 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,426 |
| Noncash contributions included in lines 1a–1f | $18,901 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $743,838 |
| Total Program Service Revenue | $450,805 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,171 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $126,091 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,426 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,493,262 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $52,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $142,647 |
| Compensation of current officers, directors, key employees. | $31,504 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $405,717 |
| Pension plan accruals and contributions | $10,716 |
| Other employee benefits | $68,205 |
| Payroll taxes | $49,519 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,776 |
| Fees for services: Accounting | $21,706 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $92,254 |
| Advertising and promotion | $122,866 |
| Office expenses | $33,812 |
| Information technology | $27,043 |
| Royalties | $0 |
| Occupancy | $107,480 |
| Travel | $9,106 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,074 |
| Insurance | $15,251 |
| All other expenses | $24,895 |
| Total functional expenses | $1,233,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $843,768 |
| Savings and temporary cash investments | $953 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,621 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $81,989 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,436 |
| Net Land, buildings, and equipment | $18,329 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,330,522 |
| Other assets | $4,809 |
| Total assets | $2,329,427 |
| Accounts payable and accrued expenses | $94,541 |
| Grants payable | $85,789 |
| Deferred revenue | $94,500 |
| 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 | $274,830 |
| Net assets without donor restrictions | $633,286 |
| Net assets with donor restrictions | $1,421,311 |
| 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 | $2,329,427 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Portland Rose Festival Foundation has recieved totaling $61,174.
| Awarding Organization | Amount |
|---|---|
Unitus Community Credit Union Portland, OR PURPOSE: GENERAL SUPPORT | $60,000 |
R H Parker-United Foundation Portland, OR PURPOSE: COMMUNITY SERVICES | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $174 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Society For The Promotion Of Japanese Animation Santa Ana, CA | $0 | $15,922,386 |
Haven Gallery Pomona, CA | $12,441,851 | $10,866,207 |
Yerba Buena Center For The Arts San Francisco, CA | $31,419,770 | $23,544,531 |
Festival Of Arts Of Laguna Beach Laguna Beach, CA | $11,626,110 | $10,814,120 |
Wallis Annenberg Center For The Performing Arts Beverly Hills, CA | $86,738,826 | $10,256,946 |
Immigration Institute Of The Bay Area San Francisco, CA | $7,526,224 | $6,922,510 |
Montalvo Association Saratoga, CA | $34,273,816 | $7,481,073 |
First Step Housing Sacramento, CA | $1,058,195 | $4,450,714 |
The Center For Cultural Innovation Los Angeles, CA | $15,572,704 | $5,971,325 |
Alliance For California Traditional Arts Fresno, CA | $2,645,027 | $4,730,784 |
Gray Area Foundation For The Arts San Francisco, CA | $1,951,369 | $4,455,887 |
The Society For The Promotion Of Japanese Animation Corona, CA | $13,619,220 | $9,492,860 |