MEMORIAL PARK ASSOCIATION INC

EIN: 592765584 501(c)(3)

JACKSONVILLE, FL

Total Revenue
$131,675
Total Expenses
$148,074
Total Assets
$936,445
Net Assets
$936,445
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
FL
Principal Officer
PATRICK EMMET
Phone
9047300440
Tax Period
2023-01-01 to 2023-12-31

MEMORIAL PARK ASSOCIATION INC, founded in 1986, is a small nonprofit that reported $132K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $148K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE MEMORIAL PARK ASSOCIATION, INC. IS A 501(C)(3) FLORIDA NON-PROFIT ENTITY DEDICATED TO THE PROTECTION AND PRESERVATION OF MEMORIAL PARK IN JACKSONVILLE, FLORIDA.

Program Service Accomplishments

Program 1
Expenses: $53,162

MEMORIAL PARK ASSOCIATION, INC. IS A 501(C)(3) FLORIDA NONPROFIT ENTITY DEDICATED TO THE PROTECTION AND PRESERVATION OF MEMORIAL PARK IN JACKSONVILLE, FLORIDA. THE ASSOCIATION WAS CREATED IN 1986 BY...

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MEMORIAL PARK ASSOCIATION, INC. IS A 501(C)(3) FLORIDA NONPROFIT ENTITY DEDICATED TO THE PROTECTION AND PRESERVATION OF MEMORIAL PARK IN JACKSONVILLE, FLORIDA. THE ASSOCIATION WAS CREATED IN 1986 BY A GROUP OF PARK ENTHUSIASTS AND LOCAL PHILANTHROPISTS CONCERNED WITH MEMORIAL PARK'S PERSISTENT STATE OF DECLINE AND DISREPAIR, JUST A YEAR AFTER MEMORIAL PARK WAS INCLUDED ON THE NATIONAL REGISTER OF HISTORIC PLACES AS PART OF THE RIVERSIDE (NOW RIVERSIDE-AVONDALE) NATIONAL HISTORIC DISTRICT. MEMORIAL PARK IS LOCATED AT 1620 RIVERSIDE AVENUE NEAR THE 5 POINTS AREA OF JACKSONVILLE, FLORIDA AND IS ONE OF JACKSONVILLE'S BEST LOVED TREASURES. LOCATED ALONG THE BANKS OF THE MAJESTIC ST. JOHNS RIVER, THIS SIX-ACRE PARK DRAWS VISITORS FROM ACROSS THE NORTHEAST FLORIDA COMMUNITY. SOON AFTER ITS FORMATION, THE ASSOCIATION ENTERED AN ADOPT-A-PARK AGREEMENT WITH THE CITY OF JACKSONVILLE, WHICH ENABLES IT TO PERFORM VARIOUS OPERATIONS AND MAINENANCE FUNCTIONS, INCLUDING NECESSARY PHYSICAL IMPROVEMENTS, CONSISTENT WITH THE HISTORICAL CHARACTER OF THE PARK AND CONCURRENT WITH THE CITY'S OBLIGATION TO MAINTAIN MEMORIAL PARK FOR THE GREATER PUBLIC GOOD. IN 1988, THE ASSOCIATION COMMISSIONED ITS FIRST RESTORATION PLANS FOR THE PARK. IN 1992, A PROJECT TO RESTORE THE ICONIC MEMORIAL SCULPTURE SPIRITUALIZED LIFE WAS INITIATED, THE FIRST SINCE THE SCULPTURE'S INSTALLATION IN 1924. OTHER RESTORATIONS FOLLOWED IN 2004 AND 2019. SINCE THEN, THE ASSOCIATION FACILITATED AND FUNDED NUMEROUS PROJECTS TO FURTHER PRESERVE AND PROTECT THE PARK, INCLUDING THE INSTALLATION OF ORNAMENTAL METAL FENCING AROUND THE PERIMETER, UPGRADES TO THE IRRIGATION AND LIGHTING SYSTEMS, THE PLANTING OF OAKS AND OTHER NATIVE VEGETATION, THE RENOVATION OF THE ENTRANCE PIERS, PLAZA, BALUSTRADES, AND FOUNTAIN BASIN, CLEANUP OF THE EXTENSIVE DAMAGE CAUSED BY HURRICANE IRMA IN 2017, AND THE DEDICATION OF MARBLE BENCHES TO HONOR IMPORTANT FRIENDS OF MEMORIAL PARK. OF PARTICULAR NOTE IS THE 2010 INSTALLATION OF TWO LARGE SCALE BRONZE EAGLES CREATED BY ARTIST DIANE LAFOND INSETTA TO REPLACE THE ORIGINAL CONCRETE EAGLES THAT HAD BEEN DAMAGED AND DESTROYED. TYPICALLY, THE ASSOCIATION ALSO ORGANIZES AND HOSTS NUMEROUS SPEAKERS, MUSICAL EVENTS, AND COMMUNITY ACTIVITIES IN THE PARK. AFTER A PAUSE BECAUSE OF COVID 19, THESE ACTIVITIES HAVE RESUMED.

Program 2
Expenses: $80,394

IN 2012, MEMORIAL PARK ASSOCIATION INITIATED MAJOR PLANNING EFFORTS TO RESTORE AND REHABILITATE MEMORIAL PARK TO ITS ORIGINAL GRANDEUR. WITH THE AID OF ATLANTA-BASED LANDSCAPE ARCHITECT DAVID SACKS...

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IN 2012, MEMORIAL PARK ASSOCIATION INITIATED MAJOR PLANNING EFFORTS TO RESTORE AND REHABILITATE MEMORIAL PARK TO ITS ORIGINAL GRANDEUR. WITH THE AID OF ATLANTA-BASED LANDSCAPE ARCHITECT DAVID SACKS (RLA), THE ASSOCIATION DEVELOPED A MASTER PLAN AND CORRESPONDING 1.5 MILLION FUNDRAISING CAMPAIGN TO USE THE FOUNDATION FOR THIS RESTORATION PROJECT. MR. SACKS UNDERTOOK PAINSTAKING RESEARCH INTO THE HISTORY AND SIGNIFICANCE OF THE PARK, SKETCHES AND PLANS OF HARDSCAPE AND PLANTIGS, AND CORRESPONDENCE BETWEEN NINAH CUMMER AND THE OLMSTEAD BROTHERS. TO DATE, THE ASSOCIATION HAS INVESTED OVER 936,000 IN THE REHABILITATION OF PLANTED BEDS AND RESTORATION OF ARCHITECTURAL FEATURES IN THE PARK.

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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 $124,456
Program Service Revenue $0
Investment Income $7,219
Other Revenue $0
TOTAL REVENUE $131,675

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $6,439
Program Expenses $133,556
Other Expenses $148,074
TOTAL EXPENSES $148,074

Year-over-Year Comparison

2023 2022 Change
Revenue $131,675 $243,066 -0.5%
Expenses $148,074 $513,864 -0.7%
Net Income $-16,399 $-270,798 -0.9%
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
18
Independent Members
18
Employees
N/A
Volunteers
103

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
6
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK EMMET PRESIDENT 4.00
Officer Director
$0 $0 $0
ANN MACKEY TREASURER 4.00
Officer Director
$0 $0 $0
BRANDILYN MATHEWS EXEC VICE PR 4.00
Officer Director
$0 $0 $0
SUNNY GETTINGER VICE PRESIDE 4.00
Officer Director
$0 $0 $0
KELLY WOOD VICE PRESIDE 4.00
Officer Director
$0 $0 $0
BROOKS DAME SECRETERY 4.00
Officer Director
$0 $0 $0
PERCY ROSENBLOOM III DIRECTOR 1.00
Director
$0 $0 $0
W ROBINSON FRAZIER III DIRECTOR 1.00
Director
$0 $0 $0
MARY W JARRETT DIRECTOR 1.00
Director
$0 $0 $0
JOAN W NEWTON DIRECTOR 1.00
Director
$0 $0 $0
PATTIE HOULIHAN DIRECTOR 1.00
Director
$0 $0 $0
DAVID WINGARD DIRECTOR 1.00
Director
$0 $0 $0
KATIE QUACKENBUSH DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM SHANNON DIRECTOR 1.00
Director
$0 $0 $0
CHERYL PAGANUCCI DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY TYLER DIRECTOR 1.00
Director
$0 $0 $0
JIMMY PELUSO DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER GUTHRIE DIRECTOR 1.00
Director
$0 $0 $0
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $131,675 $148,074 $936,445 $-16,399
2022 $243,066 $513,864 $952,844 $-270,798
2021 $157,835 $148,777 $1,230,919 $9,058
2020 $314,018 $205,723 $1,221,861 $108,295
2019 $317,384 $144,953 $1,113,566 $172,431
2018 $659,545 $360,856 $951,353 $298,689
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