Cincinnati Parks Foundation

EIN: 311429016 501(c)(3) Recreation & Sports

Cincinnati, OH

Total Revenue
$3,198,249
Total Expenses
$2,278,530
Total Assets
$21,162,365
Net Assets
$21,130,653
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
OH
Principal Officer
Jennifer Spieser
Phone
5138610023
Tax Period
2023-01-01 to 2023-12-31

Cincinnati Parks Foundation, founded in 1995, is a community nonprofit in the Recreation & Sports sector that reported $3.2M in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $920K, a strong 29% operating margin.

Mission

To build broad based private/public partnerships supporting the conservation and enhancement of our City's parks and greenspaces.

Program Service Accomplishments

Program 1
Expenses: $1,775,740

Our mission to do more in Cincinnati Parks comes through in everything we do, from conservation, to improving our parks, to creating free and accessible programs. In 2023, we raised $2.2 million for...

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Our mission to do more in Cincinnati Parks comes through in everything we do, from conservation, to improving our parks, to creating free and accessible programs. In 2023, we raised $2.2 million for various projects, programs and conservations efforts and distributed $1 million throughout Cincinnati Parks. Our Impact included:Improving more parks:We raised $28K for Glenway Park and began our transformation of this East Price Hill park by removing 3 acres of invasives, alongside community members.In partnership with the Sons and Daughters of Italy and surrounding community, we replaced and dedicated the Capitoline Wolf statue in Eden Park.Completed Carter's Grove at Ault Park - adding accessible benches, connecting to more paths and planting 1500 new native plants.We completed fundraising for the beginner skills bike course in Mt. Airy ForestSupporting more conservation:Alongside community partners, we hosted events to add 126 trees in Bond Hill and 42 trees in Roselawn to help reach Cincinnati's goal of 40% tree canopy coverage, focusing on under-resourced neighborhoods.We supported Cincinnati Parks' Fall Releaf tree planting to help increase the city's urban tree canopy, distributing and planting more than 1,000 trees.Thanks to our memorial tree planting program, we planted even more trees to honor a donor's memory, milestone or loved one.Through our volunteer litter removal program, obLITTERators, we removed 33 tons of litter from our parks and around the city.Activating more parks:We raised over $160K for Sawyer Point Riverfront Roller Rink through advocacy, donors and our Emerging Leaders, and hosted 16 free skating events that brought hundreds to the outdoor rink.In support of the 34 Cincinnati Parks Advisory Councils, we sponsored more than 200 free events, classes and programs that attracted thousands of participants into parks.Through a partnership with Cincinnati Children's Hospital and Luke 5 Adventures, our award-winning be.well program gave children with disabilities and their families accessible ways to explore our parks.Our emerging collaboration with the Osher Center for Integrative Health at the University of Cincinnati invited people to view our parks as a resource for health and wellness.Celebrating our city:We piloted the first-ever DJ Festival at the ICON Stage at Smale Riverfront Park, highlighting black and brown artists for an audience of 600 people.We wished Carol Ann Haile a happy 100th birthday with free carousel rides all weekend long.Engaging more volunteers:Through litter removal, tree planting and special events, we give volunteers the tools they need to get involved.We continued to build our Women's Committee, an active group of advocates and volunteers, to support growth in our parks and our community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,219,680
Program Service Revenue $0
Investment Income $1,120,044
Other Revenue $-141,475
TOTAL REVENUE $3,198,249

Expense Breakdown

Grants Paid $832,866
Salaries & Benefits $776,076
Fundraising Expenses $289,635
Program Expenses $1,775,740
Other Expenses $669,588
TOTAL EXPENSES $2,278,530

Year-over-Year Comparison

2023 2022 Change
Revenue $3,198,249 $4,413,824 -0.3%
Expenses $2,278,530 $3,632,303 -0.4%
Net Income $919,719 $781,521 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
41
Independent Members
41
Employees
8
Volunteers
1403

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$169,610
Total Directors
41
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dan Vogelpohl - Exit 1223 President 4.00
Officer Director
$0 $0 $0
Deana Taylor-Brewer Secretary 3.00
Officer Director
$0 $0 $0
Cynthia Henderson Treasurer 5.00
Officer Director
$0 $0 $0
Brian Tiffany VP 3.00
Officer Director
$0 $0 $0
Harry Kangis Director at Large 3.00
Director
$0 $0 $0
Lisa Diedrichs Director at Large 3.00
Director
$0 $0 $0
Andrew Van Sickle Director 1.00
Director
$0 $0 $0
Andy Poole - Start 0123 Director 1.00
Director
$0 $0 $0
Ann Santen Director 1.00
Director
$0 $0 $0
Aric Hassel Director 1.00
Director
$0 $0 $0
Bill Kelleher Director 1.00
Director
$0 $0 $0
Christine Schaub Director 2.00
Director
$0 $0 $0
Danyelle Wright Director 1.00
Director
$0 $0 $0
Dean Gregory Director 1.00
Director
$0 $0 $0
Edna Keown Director 1.00
Director
$0 $0 $0
Jane Terrill Director 1.00
Director
$0 $0 $0
Joe Evelo Director 1.00
Director
$0 $0 $0
Jon Bresnan Director 1.00
Director
$0 $0 $0
Karen Meyer - Start 0123 Director 1.00
Director
$0 $0 $0
Kelly Brown Director 2.00
Director
$0 $0 $0
Kelly Kolar Director 1.00
Director
$0 $0 $0
Kerry King Stetter Director 1.00
Director
$0 $0 $0
Kevin Bruegge Director 1.00
Director
$0 $0 $0
Kevin Hoskins Director 1.00
Director
$0 $0 $0
Lucy Hodgson Director 1.00
Director
$0 $0 $0
Matt McGaha Director 1.00
Director
$0 $0 $0
Michael Betz Director 2.00
Director
$0 $0 $0
Mike Prus Director 1.00
Director
$0 $0 $0
Mike Schott - Start 0123 Director 1.00
Director
$0 $0 $0
Mindy Hastie - Start 0123 Director 1.00
Director
$0 $0 $0
Rhiannon Hoeweler Director 2.00
Director
$0 $0 $0
Rosemary Schlachter Director 1.00
Director
$0 $0 $0
Sarah DeDiemar Director 1.00
Director
$0 $0 $0
Sarah Lawler - Start 0123 Director 1.00
Director
$0 $0 $0
Sheila Simmons Director 1.00
Director
$0 $0 $0
Susan Brenner Director 1.00
Director
$0 $0 $0
Mary Jo Bazeley - Exit 1223 Director 1.00
Director
$0 $0 $0
R Warner Off - Exit 1223 Director 1.00
Director
$0 $0 $0
Randy Noah - Exit 1223 Director 1.00
Director
$0 $0 $0
Madaline Young Caldemeyer Director-Exit 12/23 1.00
Director
$0 $0 $0
Fay Dupuis - Exit 1223 Director at Large 3.00
Director
$0 $0 $0
Jennifer Spieser President and CEO 40.00
Officer
$141,652 $27,958 $169,610
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,198,249 $2,278,530 $21,162,365 $919,719
2022 $4,413,824 $3,632,303 $19,135,085 $781,521
2021 $5,802,905 $2,212,407 $20,775,378 $3,590,498
2020 $2,017,470 $2,190,481 $15,966,635 $-173,011
2019 $3,423,850 $1,631,216 $15,305,437 $1,792,634
2018 $2,678,228 $2,892,786 $11,937,893 $-214,558
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