Vibrant Places Inc

EIN: 872882720 501(c)(3) Philanthropy & Grantmaking

Jacksonville, FL

Total Revenue
$428,506
Total Expenses
$914,138
Total Assets
$406,214
Net Assets
$406,214
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
FL
Principal Officer
Martha Lanahan
Phone
9043530890
Tax Period
2024-01-01 to 2024-12-31

Vibrant Places Inc, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $429K in total revenue in fiscal year 2024. Revenue surged 329% from the prior year, signaling strong growth momentum. Expenses of $914K exceeded revenue, resulting in a 113% operating deficit.

Mission

The Organization was formed for the purpose of supporting and creating vibrant and inclusive public spaces. The Organization aims to activate cross-sector collaboration and citizen-led approaches to promoting increased access to public spaces, related enriching programming, and conducting grantmaking activities.

Program Service Accomplishments

Program 1
Expenses: $914,138 Revenue: $0

Lift Ev'ry Voice and Sing Park is currently Vibrant Places' primary focus, as a premier example of place-centered investments driving an increased sense of community belonging. The Park was...

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Lift Ev'ry Voice and Sing Park is currently Vibrant Places' primary focus, as a premier example of place-centered investments driving an increased sense of community belonging. The Park was constructed in the historic LaVilla neighborhood in Jacksonville, Florida, where it honors two of Jacksonville's most famous residents, James Weldon Johnson and John Rosamond Johnson. The Johnson brothers wrote "Lift Ev'ry Voice and Sing," often called the Black National Anthem, at their home in the LaVilla neighborhood between 1900 and 1905.Lift Ev'ry Voice and Sing Park was designed by world-renowned MacArthur Foundation "Genius Grant" recipient Walter Hood. The park incorporates elements of the Johnson brothers and LaVilla's cultural and built history while making space for a more inclusive future.The vision for Lift Ev'ry Voice and Sing Park comes after years of planning, input meetings, and discussions with community stakeholders about how to best revitalize LaVilla, a once bustling and vibrant neighborhood alive with arts, culture, and entrepreneurship.Lift Ev'ry Voice and Sing Park is designed to be a destination for residents and visitors to learn about Jacksonville's dynamic history and participate in programs and activities that allow everyone to feel they belong. The Park is activated regularly through partnerships with the City of Jacksonville and individual activators, with an expansive view of the opportunities for vibrant programming at 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 (2024)

Revenue Breakdown

Contributions & Grants $428,506
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $428,506

Expense Breakdown

Grants Paid $868,506
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $914,138
Other Expenses $45,632
TOTAL EXPENSES $914,138

Year-over-Year Comparison

2024 2023 Change
Revenue $428,506 $100,000 +3.3%
Expenses $914,138 $8,215 +110.3%
Net Income $-485,632 $91,785 -6.3%
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
5
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$572,360
Total Directors
5
$572,360
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mari Kuraishi Dir., Secretary 0.30
Officer Director
$0 $143,473 $542,360
Martha Lanahan Dir., President, Treasurer 0.10
Officer Director
$0 $0 $30,000
Nathaniel P Ford Dir., Vice President 0.10
Officer Director
$0 $0 $0
Whitney Meyer Director (began 6/24) 0.10
Director
$0 $0 $0
David Garfunkel Director (began 6/24) 0.10
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
2024 $428,506 $914,138 $406,214 $-485,632
2023 $100,000 $8,215 $891,846 $91,785
2022 $425,020 $89,500 $800,061 $335,520
2021 $464,541 No data $464,541 No data
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