2020-07-09T17:07:47-07:00 2019-06-30 952076568 Leaf & Cole LLP 2810 Camino Del Rio South Suite 200 San Diego CA 921083820 990 2018-07-01 330849518 FRIENDS OF BALBOA PARK FRIE 6192322282 2125 PARK BLVD SAN DIEGO CA 92101 JOHN BOLTHOUSE Executive Director 2020-07-09 true LATONYA M KNOX P00513874 6192947200 2018 2021-01-29 14:40:06Z JOHN BOLTHOUSE 2125 PARK BLVD SAN DIEGO CA 92101 1491416 false false X www.friendsofbalboapark.org X 1999 CA TO PROMOTE, MANAGE, RAISE AND DISTRIBUTE FUNDS AND RESOURCES FOR PUBLIC EDUCATION & AWARENESS OF SAN DIEGO'S BALBOA PARK INCLUDING CAPITAL PROJECTS & PUBLIC PROGRAMS THAT RAISE THE PARK'S PROFILE IN THE COMMUNITY. 25 25 20 310 0 1223040 984300 286466 116171 118154 7207 1339211 1396127 0 0 66701 373872 0 24392 759984 307327 826685 681199 512526 714928 5681442 5975396 750897 223842 4930545 5751554 TO PROMOTE, MANAGE, RAISE AND DISTRIBUTE FUNDS AND RESOURCES FOR PUBLIC EDUCATION & AWARENESS OF SAN DIEGO'S BALBOA PARK INCLUDING CAPITAL PROJECTS & PUBLIC PROGRAMS THAT RAISE THE PARK'S PROFILE IN THE COMMUNITY. false false 460877 286466 Friends of Balboa Park (FoBP) was founded in 1999 by a group of dedicated community volunteers and is committed to ensuring the 1,200 acres that encompass San Diegos historic Balboa Park (the Park) are nothing less than magnificent. FoBPs efforts complement those of the City of San Diego and the Parks resident institutions, collaborating on preserving the Parks rich heritage, improving access, laying the foundation for a sustainable future, and advocating for community support. FoBP connects the community to projects that make a positive and meaningful difference for the Park, with a commitment to the same civic-minded philanthropy that motivated the Parks earliest stewards.FoBP engages in capital improvements of diverse types and public programs for all demographics that raise the Parks profile in the community. In 2017, FoBP acquired and assumed operations of the historic 1910 Herschell-Spillman menagerie carousel which further enhances FoBPs profile in the Park and the San Diego community and the ability to perform its mission. 460877 true true false false false false false true false true true false false true true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false true 17 0 true 20 true false false false false false false true true false 0 false false false false false false false false false false false false X 25 25 false false true false false false false true true false false true true true true true true true false false CA X X JOHN BOLTHOUSE 6192322282 2125 PARK BLVD SAN DIEGO CA 92101 DAVID MARSHALL Chair 4.00 0.00 X X 0 0 0 SARAH EVANS Vice Chair 4.00 0.00 X X 0 0 0 SAMANTHA OLLINGER Treasurer 4.00 0.00 X X 0 0 0 MICHELLE SLINGERLAND Secretary 4.00 0.00 X X 0 0 0 BETTY PEABODY Founder 10.00 0.00 X 0 0 0 KERRI KAPICH Ex Officio 3.00 0.00 X 0 0 0 GEORGE HARDY Past Chair 3.00 0.00 X 0 0 0 VANESSA BOLLES ANDERSON Director 2.00 0.00 X 0 0 0 JACK CARPENTER Director 2.00 0.00 X 0 0 0 ELIZABETH CARSON Director 2.00 0.00 X 0 0 0 PAT CAUGHEY Director 2.00 0.00 X 0 0 0 AMY DAWSON Director 2.00 0.00 X 0 0 0 SUSIE HAYES Director 2.00 0.00 X 0 0 0 JAMES HUGHES Director 2.00 0.00 X 0 0 0 DOUG KERNER Director 2.00 0.00 X 0 0 0 MAUREEN LAMBERTI Director 2.00 0.00 X 0 0 0 LYNN LANGLEY Director 2.00 0.00 X 0 0 0 NEIL LARSON Director 2.00 0.00 X 0 0 0 MONICA MROZ Director 2.00 0.00 X 0 0 0 JONATHAN SHULMAN Director 2.00 0.00 X 0 0 0 ALLISON SOARES Director 2.00 0.00 X 0 0 0 KEN TRANBARGER Director 2.00 0.00 X 0 0 0 NANCY VAUGHAN Director 2.00 0.00 X 0 0 0 LUCY WARREN Director 2.00 0.00 X 0 0 0 ANN WILSON Director 2.00 0.00 X 0 0 0 JOHN BOLTHOUSE Executive Dir. 40.00 0.00 X 108232 0 5940 108232 5940 1 false false false 0 23239 34140 29147 897774 984300 ADMIN FEES 900099 2752 2752 PROGRAM FEES 900099 10336 10336 TICKET SALES - CAROUSEL 900099 273378 273378 286466 118154 118154 0 0 0 0 91154 34140 92934 -1780 -1780 0 3011 2355 656 656 OTHER INCOME 900099 8331 8331 8331 1396127 295453 116374 X 0 0 0 0 116663 79749 30417 6497 0 194427 126163 57173 11091 0 37666 27994 7114 2558 25116 17837 5685 1594 0 0 0 0 0 0 83179 41138 41459 582 5954 563 5391 0 0 0 19507 14793 4028 686 3888 410 3369 109 0 0 0 0 847 847 15945 13944 1604 397 PARK IMPROVEMENTS 75363 73281 2082 EDUCATIONAL PROGRAMS 17195 17195 Printing and Publications 15502 6109 9393 SUPPLIES 12894 13941 -1551 504 57053 27760 28919 374 681199 460877 195930 24392 330541 649830 0 65816 88166 2600 3085 0 0 0 2584 4007 70574 39453 7090 4820 3116 2270 2240728 2225931 0 0 0 2965483 2962654 5681442 5975396 54399 43616 16500 7018 500000 179998 173208 750897 223842 X 2326133 2761858 284393 625736 2320019 2363960 4930545 5751554 5681442 5975396 X 714928 80448 -1432 -1 27066 X false true X true false X 488457 2517866 2204315 1223040 984300 7417978 0 0 488457 2517866 2204315 1223040 984300 7417978 1710748 5707230 15036 134568 116171 118154 383929 46052 46052 8331 8331 7856290 286466 0.72650 0.98740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2665745 X X false 2378219 2130 240647 98156 2522840 2371713 775 19872 14141 2378219 2313413 1600 71051 14351 2371713 287508 2037465 12737 24297 2313413 291583 9698 13773 287508 0.94000 0.06000 true false false 7090 4820 2270 2270 HISTORIC TREASURE-CAROUSEL 2665745 2962654 CUSTODIAL FUNDS 173208 173208 X 1583124 80448 12692 95289 188429 1394695 1432 1432 1396127 762114 12692 68223 80915 681199 681199 Part III, Line 4: Description of organization's collections and how it furthers its purpose. FoBPs collection includes the 1910 Herschell-Spillman menagerie carousel. It acquires its collection by purchase or by donation. If purchased, items accessioned into the historic treasure are capitalized at cost and, if donated, they are capitalized at their appraised or fair value on the accession date, the date on which the item is accepted by the Board of Directors (the Board). Gains or losses on the deaccession of historic treasures are classified in the statement of activities as with donor restrictions or without donor restrictions depending on donor restrictions, if any, placed on the item at the time of accession. There were no accession nor deaccession of historic treasures from the collection during the year ended June 30, 2019. Costs incurred in connection with the acquisition, restoration and conservation of historic treasure are expensed in the period incurred. Part V, Line 4: Intended uses of the endowment fund. FoBPs endowment consists of individual funds established for a variety of purposes. FoBP holds and manages the general operations endowment with the remaining fund held and managed by San Diego Foundation. Part X : FIN48 Footnote and Section 23701(d) of the California Revenue and Taxation Code except on net income derived from unrelated business activities. FoBP believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. FoBP is not a private foundation.FoBPs Return of Organization Exempt from Income Tax for the year ended June 30, 2019, 2018, 2017, 2016 are subject to examination by Internal Revenue Service and State taxing authorities, generally three to four years after the returns are filed. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 COST OF GOODS SOLD $2355 SPECIAL EVENTS EXPENSE $92934 Part XII, Line 2d: Other expenses and losses per audited F/S COST OF GOODS SOLD $2355 SPECIAL EVENTS EXPENSE $65868 false AWARDS LUNCHEON 77817 158 77659 45546 NATIONAL CAROUSEL DAY 28500 28500 20322 1 18977 5482 13495 27066 125294 34140 91154 92934 92934 -1780 Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents Article II(b) was amended to "the purpose for which this corporation is organized are to protec, preserve and enhance Balboa Park, and to carry on other charitable and education activities associated with these purposes as allowed by law".Article IV(c) was amended to read as follows:"The property owned by this corporation is irrevocably dedicated to charitable purposes within the meaning of section 501(c)(3) of the Internal Revenue Code. No part of the net earnings of this corporation shall ever inure to the benefit of any director, trustee, officer, private shareholder, or member, or to the benefit of any individual." Form 990, Part VI, Line 11b: Form 990 Review Process Finance Committee together with the Treasurer reviews the tax return prior to filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts An annual Conflict of Interest Policy and Disclosure Form is required to be reviewed and signed by all Board Members. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Executive Director's performace is reviewed annually by the Executive Committee, with input from the entire Board of Directors. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available ALL GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND OTHER PUBLIC DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S OFFICE UPON REQUEST. Other Changes In Net Assets Or Fund Balances - Other Increases SPECIAL EVENT EXPENSE = $27066 FORM 990, PART X, LINES 27-29: NET ASSETS The organization has adopted the principles of FASB ASU No. 2016-14 (ASC 958) for its audited financial statements for the year ended June 30, 2019. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. We have included the net asset categories in our audited financial statements on existing Form 990, Part X, Lines 27-29 as follows:Net assets without donor restrictions $2,761,858Net assets with purpose restrictions $625,736Net assets perpetual in nature $2,363,960Total net assets $5,751,554Unrestricted net assets $2,761,858Temporarily restricted net assets $625,736Permanently restricted net assets $2,363,960Total net assets $5,751,554