2015-03-16T16:26:53-05:00 2014-10-31 930418710 DELAP LLP 5885 MEADOWS ROAD NO 200 LAKE OSWEGO OR 97035 990 2013-11-01 930333036 PORTLAND ROSE FESTIVAL FOUNDATION PORT 5032272681 1020 SW NAITO PARKWAY PORTLAND OR 97204 JEFF CURTIS CEO 5032272681 2015-03-16 1 MARK E EKLUND CPA P00156145 5036974118 2013 2016-02-25 16:41:14Z JEFF CURTIS 1020 SW NAITO PARKWAY PORTLAND OR 97204 3281121 0 X WWW.ROSEFESTIVAL.ORG X 1907 OR THE PORTLAND ROSE FESTIVAL FOUNDATION IS A NON-PROFIT THAT SERVES THE COMMUNITY BY PROVIDING FAMILIES WITH PROGRAMS AND EVENTS THAT PROMOTE THE ARTS, EDUCATION AND VOLUNTEERISM. WE VALUE ENVIRONMENTAL RESPONSIBILITY, CULTURAL DIVERSITY, PATRIOTISM, AND OUR FLORAL HERITAGE. 59 59 32 3200 43140 5279 170082 154849 2694258 2795507 266 4572 195222 232385 3059828 3187313 54834 76083 0 0 984533 1011066 0 0 145442 2066747 2030676 3106114 3117825 -46286 69488 2653018 2725585 260024 263103 2392994 2462482 X THE PORTLAND ROSE FESTIVAL FOUNDATION IS A NON-PROFIT THAT SERVES THE COMMUNITY BY PROVIDING FAMILIES WITH PROGRAMS AND EVENTS THAT PROMOTE THE ARTS, EDUCATION AND VOLUNTEERISM. WE VALUE ENVIRONMENTAL RESPONSIBILITY, CULTURAL DIVERSITY, PATRIOTISM, AND OUR FLORAL HERITAGE. 0 0 2765471 76083 2795507 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 & 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. 2765471 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 22 0 1 32 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 59 59 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 0 0 OR X JEFF CURTIS 5032272681 1020 SW NAITO PARKWAY PORTLAND OR 97204 TODD JOHNSTON PRESIDENT 1.00 X X 0 0 0 FRANK CHINN PRESIDENT ELECT 1.00 X X 0 0 0 BRETT BAKER VICE PRESIDENT 1.00 X X 0 0 0 ARTHUR DE BOW SECRETARY 1.00 X X 0 0 0 PETER MACK TREASURER 1.00 X X 0 0 0 SARAH FRIEND ASSISTANT TREASURER 1.00 X X 0 0 0 GRIFFIN BAILEY BOARD MEMBER 1.00 X 0 0 0 RON BENNETT BOARD MEMBER 1.00 X 0 0 0 TERI BOWLES-ATHERTON BOARD MEMBER 1.00 X 0 0 0 RON CARR BOARD MEMBER 1.00 X 0 0 0 LILY CASIAS BOARD MEMBER 1.00 X 0 0 0 MIKE COHEN BOARD MEMBER 1.00 X 0 0 0 MELISSA DAMM BOARD MEMBER 1.00 X 0 0 0 AUBREY DAVIS BOARD MEMBER 1.00 X 0 0 0 DIANE DEARDORFF BOARD MEMBER 1.00 X 0 0 0 JEFF DEERING BOARD MEMBER 1.00 X 0 0 0 CONTESA DIAZ-NICOLAIDIS BOARD MEMBER 1.00 X 0 0 0 TONI DEPEEL BOARD MEMBER 1.00 X 0 0 0 PAUL DOMBROWSKI BOARD MEMBER 1.00 X 0 0 0 JIMMY DRAKOS BOARD MEMBER 1.00 X 0 0 0 JOSHUA ECHO-HAWK BOARD MEMBER 1.00 X 0 0 0 BRUCE ELLIS BOARD MEMBER 1.00 X 0 0 0 JOHN ERICKSON BOARD MEMBER 1.00 X 0 0 0 THOM FALLER BOARD MEMBER 1.00 X 0 0 0 CINDI FRASER BOARD MEMBER 1.00 X 0 0 0 GREG FRITZ BOARD MEMBER 1.00 X 0 0 0 SCOTT GUPTILL BOARD MEMBER 1.00 X 0 0 0 SUSAN HALSTEN BOARD MEMBER 1.00 X 0 0 0 DARCI HANSEN BOARD MEMBER 1.00 X 0 0 0 RAYMOND HANSON BOARD MEMBER 1.00 X 0 0 0 BILL HARMON BOARD MEMBER 1.00 X 0 0 0 LESLEE HEINRICHS BOARD MEMBER 1.00 X 0 0 0 NANCY HOPKINS BOARD MEMBER 1.00 X 0 0 0 PATTY HOPPE BOARD MEMBER 1.00 X 0 0 0 RICHARD HORSWELL BOARD MEMBER 1.00 X 0 0 0 AMY JOHNSON BOARD MEMBER 1.00 X 0 0 0 LARRY KLOBERTANZ BOARD MEMBER 1.00 X 0 0 0 MELISSA KUNDE BOARD MEMBER 1.00 X 0 0 0 JIM LASHER BOARD MEMBER 1.00 X 0 0 0 DAN LENZEN BOARD MEMBER 1.00 X 0 0 0 MIA LEWIS BOARD MEMBER 1.00 X 0 0 0 SCOTT MCCARTY BOARD MEMBER 1.00 X 0 0 0 JOHN MCCULLOCH BOARD MEMBER 1.00 X 0 0 0 LIZA MCQUADE BOARD MEMBER 1.00 X 0 0 0 JOHN O'HANLON BOARD MEMBER 1.00 X 0 0 0 MARK OFFENBACHER BOARD MEMBER 1.00 X 0 0 0 FAWN PETETT BOARD MEMBER 1.00 X 0 0 0 BILL POPPINO BOARD MEMBER 1.00 X 0 0 0 CAROLYN POPPINO BOARD MEMBER 1.00 X 0 0 0 KAREN SANDQUIST BOARD MEMBER 1.00 X 0 0 0 BRENDA RAY SCOTT BOARD MEMBER 1.00 X 0 0 0 CARLA STENBERG BOARD MEMBER 1.00 X 0 0 0 KARIS STOUDAMIRE-PHILLIPS BOARD MEMBER 1.00 X 0 0 0 CHERI STULLER BOARD MEMBER 1.00 X 0 0 0 DAVID TODD BOARD MEMBER 1.00 X 0 0 0 JOE WEBER BOARD MEMBER 1.00 X 0 0 0 MARK WILLIAMS BOARD MEMBER 1.00 X 0 0 0 NANCY WOLF BOARD MEMBER 1.00 X 0 0 0 CHERYL ZANDER BOARD MEMBER 1.00 X 0 0 0 JEFF CURTIS CEO 60.00 X 159222 0 14384 MARILYN CLINT COO 40.00 X 105429 0 8919 264651 0 23303 2 0 1 0 RS MANAGEMENT SERVICES 2410 SE 121ST AVENUE 100 PORTLAND OR 97216 SECURITY, GATE ADMISSIONS 176298 PORTLAND PARKS AND RECREATION 1120 SW FIFTH AVE SUITE 1302 PORTLAND OR 97204 RENTALS 152445 SCI 32 5160 SW BEAVERTON-HILLSDALE HWY PORTLAND OR 97221 FLOAT BUILDER 125026 ALPHA BROADCASTING 1211 SW FIFTH AVE SUITE 600 PORTLAND OR 97204 MEDIA BROADCASTING 119862 4 1510 153339 21495 154849 FESTIVAL REVENUE 711300 2795507 2795507 2795507 72 72 10624 10624 4500 0 4500 4500 4500 188392 1510 73284 115108 115108 84037 20524 63513 63513 ROSE GARDEN INCOME 453220 43140 43140 43140 3187313 2806131 43140 183193 X 23583 23583 52500 52500 272008 216724 28194 27090 576843 465805 53054 57984 6507 5205 651 651 80958 64766 8096 8096 74750 59800 7475 7475 5581 4465 558 558 23870 23870 456598 455794 402 402 210235 189465 10234 10536 218169 194389 16229 7551 39921 31937 3992 3992 78949 63159 7895 7895 INFRASTRUCTURE 445413 445413 PERMITS & FEES 170061 161583 8478 OTHER EXPENSES 155050 126161 16546 12343 ENTERTAINMENT 64943 64943 161886 139779 21238 869 3117825 2765471 206912 145442 17339 25018 767157 839047 50986 20191 156960 170904 36124 33649 340655 239366 76906 101289 1542737 1530678 4809 4809 2653018 2725585 142654 155701 53960 71855 23410 15000 0 20547 40000 0 260024 263103 X 791987 859949 1601007 1602533 2392994 2462482 2653018 2725585 69488 0 X X 0 1 X 1 0 X 220165 338767 307222 269071 268447 1403672 3876122 2914027 2838205 2694258 2795507 15118119 4096287 3252794 3145427 2963329 3063954 16521791 17229 8771 12395 38395 11125 34541 30546 22199 21322 119733 11125 34541 47775 30970 33717 158128 16363663 2503 2101 1374 18431 10696 35105 2503 2101 1374 18431 10696 35105 38681 41000 48586 48307 43140 219714 4137471 3295895 3195387 3030067 3117790 16776610 0.97540 0.98350 0.00210 0.00140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 340655 239366 101289 101289 X 6557681 3276560 93808 3370368 3187313 0 3187313 6488193 3276560 93808 3370368 3117825 0 3117825 PART X, LINE 2: THE FOUNDATION IS SUBJECT TO TAX ON INCOME EARNED FROM MANAGEMENT OF THE ROSE GARDEN STORE, WHICH IS CONSIDERED AN UNRELATED BUSINESS ACTIVITY. AS OF THE DATE OF THIS REPORT, THE POTENTIAL TAX LIABILITY WAS DETERMINED TO BE INSIGNIFICANT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED AS REVENUE COST OF GOOD SOLD REPORTED AS REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED AS REVENUE COST OF GOOD SOLD REPORTED AS REVENUE AUCTION SALES 189902 1510 188392 9697 24840 38747 189902 1510 188392 9697 24840 38747 73284 115108 0 RETURNING VETERANS PROJECT 833 SE MAIN PORTLAND OR 97214 204034255 501(C)(3) 11000 GENERAL OPERATING EXPENSES OHSU FOUNDATION KNIGHT CANCER CHALLENGE 1121 SW SALMON ST SUITE 100 PORTLAND OR 97205 237083114 501(C)(3) 9452 GENERAL OPERATING EXPENSES SCHOLARSHIPS AWARDED TO COLLEGE-BOUND HIGH SCHOOL SENIORS WHO WERE ELECTED BY THEIR CLASSMATES FOR THE ROSE FESTIVAL COURT. 15 52500 X 0 0 0 0 0 0 0 0 0 JEFF CURTIS CEO 146803 0 12419 0 0 0 4524 0 9860 0 173606 0 0 0 MICHAEL COHEN ATTORNEY 5000 LEGAL SERVICES 0 FORM 990, PART VI, SECTION B, LINE 11 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 15A THE CEO'S SALARY IS DECIDED BY THE OFFICER COMMITTEE/FINANCE COMMITTEE. DATA FROM OTHER COMPARABLE FESTIVALS IS USED TO DETERMINE REASONABLE COMPENSATION. 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 POILICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE HEADQUARTER OFFICE. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 455,794. MANAGEMENT AND GENERAL EXPENSES 402. FUNDRAISING EXPENSES 402. TOTAL EXPENSES 456,598. FORM 990, PART XII, LINE 2C: THE GOVERNING BODY DELEGATES THE AUTHORITY TO THE FINANCE COMMITTEE TO OVERSEE ANY AUDIT AND TAX RELATED ISSUES.