Nonprofit · EIN 41-1902275
FRIENDS OF LORING PARK INC
Tax-exempt · MINNEAPOLIS, MN 55402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $80,609 | $40,119 | $40,490 | $216,352 | $0 | $216,352 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $78,705
- Other revenue
- $1,904
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $8,043
- Printing, publications and postage
- $10,943
- Other expenses
- $21,133
- Program services (functional)
- $24,825
Balance sheet and other
- Total assets, start of year
- $175,862
- Total assets, end of year
- $216,352
- Total liabilities, end of year
- $0
- Net assets, end of year
- $216,352
- Cash, savings and investments
- $216,352
- Gross receipts
- $80,609
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jerry Amundson | Member at Large | 3 | $0 |
| Pat Davies | Member at Large | 3 | $0 |
| Nicholas Deacon | Member at Large | 3 | $0 |
| Lee Frelich | Member at Large | 3 | $0 |
| David Hile | Member at Large | 3 | $0 |
| Todd Miller | Member at Large | 3 | $0 |
| Marcia Stout | Member at Large | 3 | $0 |
| Bill Tresch | Member at Large | 3 | $0 |
| Mark Scally | President | 3 | $0 |
| Erik Peterson | Vice President | 3 | $0 |
| Joella Mosley | Secretary | 3 | $0 |
| Richard Anderson | Treasurer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 52074, MINNEAPOLIS, MN 55402-5074
- In care of
- % RICHARD ANDERSON
- Mailing address (990-N for 2024)
- PO Box 52074, Minneapolis MN 55402
- Principal officer (990-N for 2024)
- Richard Anderson, PO Box 52074, Minneapolis MN 55402
- Signed the 990-EZ
- Mark Scally, President
- Phone
- (612) 554-5176
- Return prepared by
- Sannerud Savarese & Associates
Mission
The Friends of Loring Park, in collaboration with the Minneapolis Park & Recreation Board works to provide the public a beautiful socially and environmentally sound Loring Park.
Program accomplishments
- Hosted Twin Cities Pride Festival at the park in which 500,000 visitors attended. The Twin Cities Pride Festival is Minnesota's second largest festival and the largest FREE Pride festival. Highlighting the best in LGBTQIA2S+ entertainment on 3 stages, featuring over 650 vendors, including LGBTQIA2S+ & BIPOC community resources, artists, and businesses.Expenses $1,183
- Hosted the Loring Park Art Festival in which 100,000 visitors attended. Consistently ranked among the nation's top art festivals by Sunshine Artist magazine, the event features 150+ juried visual artists selling their original work. Visitors can enjoy strolling musicians, live music on the Westminster Stage, special performances on the Neighborhood Stage, hands-on activities for families, a Culinary Arts Market, and a wide selection of food and beverages.Expenses $12,645
- With the help of 80 volunteers we worked to keep our ponds clear of invasive plants through monthly invasive species pond pulls.Expenses $654
- Community Newsletter, Earth Day Event, Yoga in the Park, DJ Event, OperaExpenses $10,343
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 41-1902275
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $216,352
- Income (IRS master file)
- $80,609
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $80,609 | $40,119 | $216,352 | XML |
| 990-N for 2024 Officer: Richard Anderson | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2023 Officer: Richard Anderson | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Richard Anderson | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Richard Anderson | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Richard Anderson | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1902275).
Questions about FRIENDS OF LORING PARK INC
- What is the EIN of FRIENDS OF LORING PARK INC?
- The employer identification number (EIN) of FRIENDS OF LORING PARK INC is 41-1902275.
- Is FRIENDS OF LORING PARK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to FRIENDS OF LORING PARK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRIENDS OF LORING PARK INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FRIENDS OF LORING PARK INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRIENDS OF LORING PARK INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of FRIENDS OF LORING PARK INC?
- The 990-N for 2024 names Richard Anderson.
- Who are the officers and directors of FRIENDS OF LORING PARK INC?
- The 990-EZ for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does FRIENDS OF LORING PARK INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $80,609, expenses of $40,119 and total assets of $216,352 at year end.
Other nonprofits in MINNEAPOLIS
- SERVEMINNESOTA EIN 41-2010058 · last filed 990 for 2025
- AMERICAN ACADEMY OF NEUROLOGY EIN 61-1532062 · last filed 990 for 2025
- COMMUNITY REINVESTMENT FUND INC EIN 41-1616861 · last filed 990 for 2025
- GROUNDBREAK COALITION EIN 99-3615471 · last filed 990 for 2025
- GREAT PLAINS INSTITUTE FOR SUSTAINABLE DEVELOPMENT EIN 41-1921126 · last filed 990 for 2025
- MINNEAPOLIS DOWNTOWN IMPROVEMENT DISTRICT EIN 26-4259628 · last filed 990 for 2024
- INSTITUTE FOR LOCAL SELF RELIANCE INC EIN 23-7394104 · last filed 990 for 2025
- MERCHANT ADVISORY GROUP EIN 37-1558379 · last filed 990 for 2024
All nonprofits in MINNEAPOLIS · Minnesota · Community improvement and capacity building