Nonprofit · EIN 88-1002518
KALEIDOSCOPE PARK FOUNDATION
Tax-exempt · FRISCO, TX 75034
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,669,365 | $22,119,574 | -$12,450,209 | $688,259 | $0 | $688,259 |
| June 30, 2024 | 990 | $7,472,234 | $166,156 | $7,306,078 | $27,677,226 | $14,540,315 | $13,136,911 |
| June 30, 2023 | 990 | $6,135,362 | $268,837 | $5,866,525 | $6,595,961 | $765,128 | $5,830,833 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,666,180
- Program service revenue
- $0
- Investment income
- $850
- Other revenue
- $2,335
Expenses
- Grants and similar amounts paid
- $22,045,486
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $22,085,774
- Management and general (functional)
- $33,541
- Fundraising (functional)
- $259
Balance sheet and other
- Total assets, start of year
- $27,677,226
- Total assets, end of year
- $688,259
- Total liabilities, end of year
- $0
- Net assets, end of year
- $688,259
- Net assets without donor restrictions
- $688,259
- Gross receipts
- $9,669,365
- Employees
- 0
- Volunteers
- 8
- Year formed
- 2022
- State of legal domicile
- TX
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHAWN JACKSON | EXECUTIVE DIRECTOR Officer | 40 | $0 | $173,527 | $16,676 |
| FLORENCE SHAPIRO | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID J SCULLIN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KYMBERLEY SCALIA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ELIZABETH W BULL | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SCOTT J BOXER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KIM BUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WES PIERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE SIMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SCOTT STEWART | EXECUTIVE DIRECTOR (THROUGH 1/30/24) Officer | 40 | $0 | $275,769 | $34,046 |
| FLORENCE SHAPIRO | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID J SCULLIN | VICE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| KYMBERLEY SCALIA | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
| ELIZABETH W BULL | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| SCOTT J BOXER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KIM BUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WES PIERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE SIMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SCOTT STEWART | EXECUTIVE DIRECTOR Officer | 40 | $0 | $214,780 | $14,659 |
| FLORENCE SHAPIRO | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID J SCULLIN | VICE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| KYMBERLEY SCALIA | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
| ELIZABETH W BULL | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| SCOTT J BOXER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KIM BUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WES PIERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2401 INTERNET BLVD STE 101, FRISCO, TX 75034-5976
- Principal officer (990 for 2024)
- FLORENCE SHAPIRO, 2401 INTERNET BLVD 101, FRISCO, TX 75034
- Signed the 990
- SHAWN JACKSON, EXECUTIVE DIRECTOR
- Phone
- (214) 969-1508
- Website
- KALEIDOSCOPEPARK.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
KALEIDOSCOPE PARK FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY TO SUPPORT THE CHARITABLE AND EDUCATIONAL UNDERTAKINGS OF COMMUNITIES FOUNDATION OF TEXAS.
Program accomplishments
- IN FURTHERANCE OF ITS EXEMPT PURPOSE, THE FOUNDATION SHALL ASSIST IN THE DEVELOPMENT, PROGRAMMING, AND MAINTENANCE OF A COMMUNITY PARK WITHIN HALL PARK IN THE CITY OF FRISCO, TEXAS, FOR THE BENEFIT OF THE PUBLIC.Expenses $22,085,774 · grants $22,045,486
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 88-1002518
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N32)
- Assets (IRS master file)
- $688,259
- Income (IRS master file)
- $9,669,365
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,669,365 | $22,119,574 | $688,259 | IRS |
| 990 | June 2024 | $7,472,234 | $166,156 | $27,677,226 | IRS |
| 990 | June 2023 | $6,135,362 | $268,837 | $6,595,961 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
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 88-1002518).
Questions about KALEIDOSCOPE PARK FOUNDATION
- What is the EIN of KALEIDOSCOPE PARK FOUNDATION?
- The employer identification number (EIN) of KALEIDOSCOPE PARK FOUNDATION is 88-1002518.
- Is KALEIDOSCOPE PARK FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to KALEIDOSCOPE PARK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does KALEIDOSCOPE PARK FOUNDATION 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 KALEIDOSCOPE PARK FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KALEIDOSCOPE PARK FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of KALEIDOSCOPE PARK FOUNDATION?
- The 990 for the year ended June 30, 2025 names FLORENCE SHAPIRO.
- Who are the officers and directors of KALEIDOSCOPE PARK FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does KALEIDOSCOPE PARK FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,669,365, expenses of $22,119,574 and total assets of $688,259 at year end.
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