2018-09-10T14:20:43-05:00 2017-10-31 930900579 McDonald Jacobs PC 520 SW Yamhill St Ste 500 Portland OR 97204 990 2016-11-01 930333036 Portland Rose Festival Foundation PORT 5032272681 1020 SW Naito Parkway Portland OR 97204 JEFF CURTIS CHIEF EXECUTIVE OFFICER 5032272681 2018-09-04 1 Sang Ahn P00540880 5032270581 50.204.228.78 2018-09-04 10:31:11 PD P 46B3044EA28820D3276256D1DBEFD4EF0C52FB6D 74491F6242E16BD51F1AF62EF83EA0F361E95DED 2016 2018-06-14 16:35:46Z JEFF CURTIS 1020 SW Naito Parkway Portland OR 97204 3366130 0 X www.rosefestival.org X 1908 OR 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. 61 61 39 4000 60354 26047 230442 337784 2851562 2525426 10 11 283161 413285 3365175 3276506 62113 65710 0 0 1073086 1080565 2 0 114188 2273926 2407022 3409127 3553297 -43952 -276791 2788606 2496877 349367 334429 2439239 2162448 X 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. 0 0 3209190 65710 2525426 FOR OVER ONE HUNDRED YEARS, THE PORTLAND ROSE FESTIVAL 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. ATTENDED BY MORE THAN TWO MILLION PEOPLE, THE FESTIVAL IS ANNUALLY ONE OF THE TOP THREE MOST HIGHLY DECORATED EVENTS BY THE INTERNATIONAL FESTIVALS AND EVENTS ASSOCIATION (IFEA) AND IN 2011 WAS NAMED BEST FESTIVAL IN THE WORLD. THE FESTIVAL CONTINUALLY STRIVES TO KEEP ITS INTERNATIONALLY-RENOWNED EVENTS FRESH, VIBRANT, AND RELEVANT TO ENCOURAGE PARTICIPATION BY ALL CITIZENS, BOTH BUSINESS AND PRIVATE. 3209190 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 45 0 39 1 1 1 0 0 0 0 1 1 0 0 0 0 X 61 61 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 OR X JEFF CURTIS 5032272681 1020 SW Naito Parkway Portland OR 97204 BRETT BAKER PRESIDENT 1.00 X X 0 0 0 JEFF DEERING VICE PRESIDENT 1.00 X X 0 0 0 MELISSA DAMM SECRETARY 1.00 X X 0 0 0 CARLA STENBERG TREASURER 1.00 X X 0 0 0 TERI BOWLES-ATHERTON PRESIDENT - ELECT 1.00 X X 0 0 0 CHERYL ZANDER ASST TREASURER 1.00 X X 0 0 0 ARTHUR ARCHER DE BOW BOARD MEMBER 1.00 X 0 0 0 AMY JOHNSON BOARD MEMBER 1.00 X 0 0 0 ANJENE BRYANT BOARD MEMBER 1.00 X 0 0 0 AUBREY DAVIS BOARD MEMBER 1.00 X 0 0 0 BILL POPPINO BOARD MEMBER 1.00 X 0 0 0 BRENDA RAY SCOTT BOARD MEMBER 1.00 X 0 0 0 BRIAN KELSO BOARD MEMBER 1.00 X 0 0 0 BRUCE ELLIS BOARD MEMBER 1.00 X 0 0 0 CAROLYN POPPINO BOARD MEMBER 1.00 X 0 0 0 CHERI STULLER BOARD MEMBER 1.00 X 0 0 0 CINDI FRASER BOARD MEMBER 1.00 X 0 0 0 CONTESA DIAZ-NICOLAIDIS BOARD MEMBER 1.00 X 0 0 0 DAN LENZEN BOARD MEMBER 1.00 X 0 0 0 DARCI HANSEN BOARD MEMBER 1.00 X 0 0 0 DAVE TODD BOARD MEMBER 1.00 X 0 0 0 DAVID COHEN BOARD MEMBER 1.00 X 0 0 0 GORDON WALKER BOARD MEMBER 1.00 X 0 0 0 JEREMY EMERSON BOARD MEMBER 1.00 X 0 0 0 JOE WEBER BOARD MEMBER 1.00 X 0 0 0 JOHN O'HANLON BOARD MEMBER 1.00 X 0 0 0 JONI MARSCH BOARD MEMBER 1.00 X 0 0 0 KARIS STOUDAMIRE-PHILLIPS BOARD MEMBER 1.00 X 0 0 0 LARRY KLOBERTANZ BOARD MEMBER 1.00 X 0 0 0 LESLEE HEINRICHS BOARD MEMBER 1.00 X 0 0 0 GRIFF BAILEY BOARD MEMBER 1.00 X 0 0 0 LINDA GUNSELMAN BOARD MEMBER 1.00 X 0 0 0 LINDA SHERON BOARD MEMBER 1.00 X 0 0 0 LIZA MCQUADE BOARD MEMBER 1.00 X 0 0 0 MARK WILLIAMS BOARD MEMBER 1.00 X 0 0 0 MELANIE MEANS BOARD MEMBER 1.00 X 0 0 0 MIKE COHEN BOARD MEMBER 1.00 X 0 0 0 NANCY WOLF BOARD MEMBER 1.00 X 0 0 0 PATTY HOPPE BOARD MEMBER 1.00 X 0 0 0 PETER MACK BOARD MEMBER 1.00 X 0 0 0 RAYMOND RAY G HANSON BOARD MEMBER 1.00 X 0 0 0 RICHARD HORSWELL BOARD MEMBER 1.00 X 0 0 0 ROD WEICK BOARD MEMBER 1.00 X 0 0 0 RON BENNETT BOARD MEMBER 1.00 X 0 0 0 RON CARR BOARD MEMBER 1.00 X 0 0 0 SARAH FRIEND BOARD MEMBER 1.00 X 0 0 0 SCOTT GUPTILL BOARD MEMBER 1.00 X 0 0 0 SCOTT MCCARTY BOARD MEMBER 1.00 X 0 0 0 SHANNON MCBRIDE BOARD MEMBER 1.00 X 0 0 0 SUSAN HALSTEN BOARD MEMBER 1.00 X 0 0 0 THOM FALLER BOARD MEMBER 1.00 X 0 0 0 TOSHIKO SEEMAN BOARD MEMBER 1.00 X 0 0 0 TRACY OLSEN BOARD MEMBER 1.00 X 0 0 0 EBONY HARRIS BOARD MEMBER 1.00 X 0 0 0 NATASHA HOLSTEIN BOARD MEMBER 1.00 X 0 0 0 DAVE KECKES-CHARTREY BOARD MEMBER 1.00 X 0 0 0 HELEN LEWIS BOARD MEMBER 1.00 X 0 0 0 DAVID MCCALL BOARD MEMBER 1.00 X 0 0 0 KIRK NEWELL BOARD MEMBER 1.00 X 0 0 0 LESLEE HEINRICHS BOARD MEMBER 1.00 X 0 0 0 BREANNA PROBASCO-CANDA BOARD MEMBER 1.00 X 0 0 0 JEFF CURTIS CEO 60.00 X 141016 0 9360 MARILYN CLINT COO 40.00 X 115650 0 9020 256666 0 18380 2 0 1 0 SCI 32 PO BOX 80624 PORTLAND OR 97208 FLOAT BUILDER 264826 1 53220 100000 184564 26428 337784 FESTIVAL REVENUE 711300 2525426 2525426 2525426 11 11 23428 23428 131407 53220 47098 84309 84309 107720 42526 65194 65194 Reimbursed expenses 999999 115374 115374 Miscellaneous 999999 64626 64626 ROSE GARDEN INCOME 453220 60354 60354 240354 3276506 2705426 60354 172942 9400 9400 56310 56310 275603 227852 31439 16312 640885 529845 73109 37931 12530 10359 1429 742 74340 61460 8480 4400 77207 63830 8807 4570 9083 7687 1125 271 23071 19526 2857 688 239790 202946 29694 7150 248228 247633 595 104211 75387 8651 20173 149351 132856 10772 5723 32387 30343 1346 698 24843 20360 2952 1531 84191 68999 10003 5189 INFRASTRUCTURE 795072 786155 2292 6625 LICENSES AND PERMITS 225826 224258 1032 536 SECURITY 196163 196163 ENTERTAINMENT AND MERCH 121971 121971 152835 115850 35931 1054 3553297 3209190 229919 114188 27113 6946 893548 671577 69097 140380 200406 131644 43780 34490 362142 327189 54229 34953 1495624 1472078 4809 4809 2788606 2496877 170419 263201 67126 59926 101995 1475 9827 9827 349367 334429 X 876490 615444 1562749 1547004 2439239 2162448 2788606 2496877 -276791 0 X X 0 1 X 1 0 X 269071 268447 352480 366755 337784 1594537 90441 93413 96474 280328 269071 268447 442921 460168 434258 1874865 61169 1813696 18431 10696 17887 20439 23439 90892 48307 43140 51898 67800 60354 271499 29762 63513 60250 55569 245194 454288 2691544 13819507 0.67380 0.76940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 330765 309266 21499 31377 17923 13454 34953 X 5788348 2469316 42526 2511842 3276506 0 3276506 6065139 2469316 42526 2511842 3553297 0 3553297 Part X, Line 2: THE FOUNDATION FOLLOWS THE PROVISIONS OF FASB ASC TOPIC ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS TOPIC. Part XI, Line 2d - Other Adjustments: COST OF GOODS SOLD NETTED AGAINST SALES OF INVENTORY 42,526. Part XII, Line 2d - Other Adjustments: COST OF GOODS SOLD NETTED AGAINST SALES OF INVENTORY 42,526. AUCTION 184627 53220 131407 10743 12213 23916 226 184627 53220 131407 10743 12213 23916 226 47098 84309 0 SCHOLARSHIPS AWARDED TO COLLEGE-BOUND HIGH SCHOOL SENIORS WHO WERE ELECTED BY THEIR CLASSMATES FOR THE ROSE FESTIVAL COURT 15 56310 X X 0 1 X X 0 0 0 0 0 0 0 0 0 JEFF CURTIS CEO 141016 0 0 0 0 0 4230 0 5130 0 150376 0 0 0 Part I, Line 1a JEFF CURTIS - CONTRACT ENTITLES HIM TO TRAVEL UP TO 4 COMPANIONS PER YEAR (AIRFARE ONLY). JEFF CURTIS - RECEIVES 525.00 PER MONTH FOR HEALTH/SOCIAL DUES PER CONTRACT. X FOOD AND BEVERAGES 4 24812 Fair market value X AUCTION ITEMS AND SUPPLIES 2 1616 Fair market value 0 0 0 Form 990, Part VI, Section B, line 11b THE GOVERNING BODY DELEGATES THE AUTHORITY TO THE FINANCE COMMITTEE TO OVERSEE ANY AUDIT AND TAX RELATED ISSUES. THE FINANCE COMMITTEE REVIEWS AND APPROVES THE TAX RETURNS TO BE FILED BY THE ENTITY. Form 990, Part VI, Section B, line 12c A CONFLICT OF INTEREST POLICY IS SIGNED EACH TIME A NEW DIRECTOR IS APPOINTED. Form 990, Part VI, Section B, line 15 The CEO's salary is decided by the Officer Committee. Data from other comparable festivals is used to determine reasonable compensation at the time he has a 3 year contract determined. Form 990, Part VI, Section C, line 18 THE ORGANIZATION MAKES ITS FORM 1023, 990, AND 990-T AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THE HEADQUARTER OFFICE. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE HEADQUARTER OFFICE. Form 990, Part XII, Line 2c: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.