Forever Balboa Park FY2024 filing

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To promote, manage, raise and distribute funds and resources for public education & awareness of san diego's Balboa Park including capital projects & public programs that raise the park's profile in the community.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$636K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $825K a year · 21% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$636K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
6 mo
of spending, in cash
Plus $5.0M in investments, Pt X · Ln 11–13
Looks good: 5.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$507K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
31
of 31 voting members
Looks good: 31 of 31 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.8M
+24% vs prior year
Spent
$4.3M
To programs
72%
Net assets
$11.1M
By yearFY2020–FY2025
Revenue
$4.8M
FY2024▲ +24%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$1.9M
FY2022$4.2M
FY2023$3.9M
FY2024$4.8M
FY2025$6.8M
Expenses
$4.3M
FY2024▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$943K
FY2021$1.3M
FY2022$3.2M
FY2023$3.9M
FY2024$4.3M
FY2025$4.5M
Net assets
$11.1M
FY2024▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.2M
FY2021$7.0M
FY2022$10.6M
FY2023$10.5M
FY2024$11.1M
FY2025$13.7M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $3.1M Management & general 11% · $471K Fundraising 17% · $747K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

34 people listed on the 990; $636K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & CEO
$312,966Pt VII · Sec A
VP of Finance
$113,798Pt VII · Sec A
$106,988Pt VII · Sec A
VP Facilities & Op
$101,799Pt VII · Sec A
Director
$0Pt VII · Sec A
Imm Past Chair
$0Pt VII · Sec A
Treas/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Jacqueline Higgins’s $152K as VP Planning is at the 78th percentile of top reported officer pay among 1636 $1–10M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Elizabeth Babcock$128,972$312,966$232,591———
Jacqueline Higgins$152,457$106,988$122,650$109,941——
Phillip Sammuli$151,659—————
John Bolthouse———$115,768$138,632$116,663
Sarah Beckman——$123,392$111,100——
Elizabeth Porter$122,405$113,798$93,696———
Craig Batrez$120,204$101,799————
Katherine McDonald$22,719—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Forever Balboa Park executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds and resources are raised and distributed to promote and manage public education and awareness of Balboa Park.

Questions for Forever Balboa Park

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3 programs · $2.7M · in their own filed words · FY2023
01

Park Improvement Projects and Programs

Parkwide Volunteers:The Organization recruits, trains, and retains volunteers to support an array of Park needs, from garden and tree maintenance to visitor experience services. Growing to more than 300 volunteers strong, current programs include: Park Ambassadors, Tree Stewards, Tree Maintenance Volunteers, Garden Stewards, Rose Garden…

$1.1Mprogram expense
02

Balboa Park Visitors Center

Retail Operations and Guest ServicesThe Balboa Park Visitors Center informs, educates, and serves over 600,000 visitors annually. The largest visitor center in the region, the Parks Visitors Center is supported by multilingual staff and volunteers with diverse backgrounds, who are trained to promote parkwide institutions and activities…

$785Kprogram expense
03

House of Hospitality

Historic Facilities, GardensThe Organization maintains and preserves the House of Hospitality, a National Historic Landmark building, providing clean public restrooms, ongoing facility care, and security for tenants and visitors.

$773Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Favrot FundFY2025$100K
Total grants receivedfrom 1 funder$100K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.8M
Ln 12
Gifts and grantsLn 1h$2.5M
Other incomeLn 4–11$1.2M
Fees for servicesLn 2g$829K
Money outPt IX
$4.3M
Ln 25
Programscol B$3.1M
Managementcol C$471K
Fundraisingcol D$747K
Owns and owesPt X
$11.1M
net assets · Ln 32
Cash and savingsLn 1–2$2.1M
Total assetsLn 16$11.6M
LiabilitiesLn 26$507K
PeoplePt VI, VII
34
listed · VII A
PaidVII A4
Voting boardVI 1a31
IndependentVI 1b31
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.5M
Fundraising eventsLn 1c$28K
Fees for servicesLn 2g$829K
Investment incomeLn 3$286K
Other incomeLn 4–11$1.2M
Gains on assetsLn 7$0
Total revenueLn 12$4.8M
Assets in detailPt X, end of year
CashLn 1$412K
SavingsLn 2$1.7M
Cash and savings togetherLn 1–2$2.1M
InvestmentsLn 11–13$5.0M
Land, buildings, equipmentLn 10c$602K
Other assetsLn 15$3.0M
Total assetsLn 16$11.6M
LiabilitiesLn 26$507K
Net assetsLn 32$11.1M
OperationsPt I, VI
EmployeesI 517
VolunteersI 6300
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
EndowmentSch D · Pt V
LineFY24FY23FY22FY21FY20
End of yearLn 1g$2.6M$2.4M$2.5M$2.8M$2.7M
Given inLn 1b$72K$25K$1K
SpentLn 1d–1f$15K$14K$102K$81K$103K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$4.1M$2.1M
InvestmentsLn 11–13$2.9M$5.0M
Land, buildings, equipmentLn 10c$548K$602K
Total assetsLn 16$11.5M$11.6M
LiabilitiesLn 26$948K$507K
Net assetsLn 32$10.5M$11.1M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$460K$276K$60K$124K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.2M$708K$150K$332K
Pension plan contributionsLn 8$34K$22K$6K$6K
Other employee benefitsLn 9$151K$107K$26K$18K
Payroll taxesLn 10$137K$91K$13K$32K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$21K$21K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$8K$7K$1K
Office expensesLn 13$0
Information technologyLn 14$47K$26K$8K$14K
RoyaltiesLn 15$0
OccupancyLn 16$238K$238K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$54K$47K$3K$4K
InsuranceLn 23$43K$8K$35K
Other expenses (24a–d)Ln 24$1.5M$1.3M$98K$136K
All other expensesLn 24e$436K$305K$52K$79K
Total functional expensesLn 25$4.3M$3.1M$471K$747K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Dec 12, 2025 $6.8M$4.5M$2.3M$13.7M 990 PDF
FY2024 ViewingFiled with the IRS Dec 20, 2024 $4.8M$4.3M$474K$11.1M 990 PDF
FY2023Filed with the IRS Dec 18, 2023 $3.9M$3.9M$12K$10.5M 990 PDF
FY2022Filed with the IRS Jan 12, 2023 $4.2M$3.2M$1.0M$10.6M 990 PDF
FY2021Filed with the IRS Mar 8, 2022 $1.9M$1.3M$679K$7.0M 990 PDF
FY2020Filed with the IRS May 18, 2021 $1.4M$943K$427K$6.2M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $4,802,781 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,826,752$2,477,376
I-9 Program service revenuePrior year $619,889$828,913
I-10 Investment incomePrior year $108,285$285,842
I-11 Other revenuePrior year $1,311,481$1,210,650
I-12 Total revenuePrior year $3,866,407$4,802,781
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,846,336$1,971,575
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,007,630$2,357,370
I-18 Total expensesPrior year $3,853,966$4,328,945
I-19 Revenue less expensesPrior year $12,441$473,836
Part VI · Governance 31 of 31 board members independent, no flags
VI-1a Voting members of the governing body31
VI-1b Independent voting members31
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,802,781 across 10 lines filed
Lines not itemized here account for $422,737 of total revenue; see the IRS return.
VIII-1c Fundraising events$28,463
VIII-1f All other contributions, gifts and grants$2,448,913
VIII-1h Total contributions, gifts and grants$2,477,376
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $828,913$828,913
VIII-3 Investment incomeExcluded from tax $285,842$285,842
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax $816,941$816,941
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax −$29,028−$29,028
VIII-12 Total revenueRelated to mission $828,913 · Excluded from tax $1,496,492$4,802,781
Part IX · Statement of functional expenses $4,328,945 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $275,820 · Management $59,761 · Fundraising $124,119$459,700
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $708,473 · Management $150,199 · Fundraising $331,894$1,190,566
IX-8 Pension plan contributionsPrograms $21,929 · Management $5,738 · Fundraising $6,365$34,032
IX-9 Other employee benefitsPrograms $106,584 · Management $25,699 · Fundraising $18,425$150,708
IX-10 Payroll taxesPrograms $91,405 · Management $13,450 · Fundraising $31,714$136,569
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $21,285$21,285
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $6,843 · Fundraising $1,493$8,336
IX-13 Office expenses$0
IX-14 Information technologyPrograms $26,139 · Management $7,541 · Fundraising $13,804$47,484
IX-15 Royalties$0
IX-16 OccupancyPrograms $237,639$237,639
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $47,327 · Management $2,595 · Fundraising $4,104$54,026
IX-23 InsurancePrograms $7,782 · Management $34,880$42,662
IX-24 Other expenses (24a–d)Programs $1,276,499 · Management $97,749 · Fundraising $135,584$1,509,832
IX-24e All other expensesPrograms $305,152 · Management $51,787 · Fundraising $79,167$436,106
IX-25 Total functional expensesPrograms $3,111,592 · Management $470,684 · Fundraising $746,669$4,328,945
Part X · Balance sheet $11,626,250 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $794,254$412,283
X-2 Savings and temporary cash investmentsStart of year $3,292,401$1,693,679
X-3 Pledges and grants receivableStart of year $726,093$645,699
X-4 Accounts receivableStart of year $111,600$106,300
X-8 Inventories for sale or useStart of year $100,249$103,636
X-9 Prepaid expenses and deferred chargesStart of year $11,495$21,637
X-10c Land, buildings and equipment, netStart of year $548,035$602,412
X-11 Publicly traded securitiesStart of year $2,892,615$5,013,722
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $3,018,314$3,026,882
X-16 Total assetsStart of year $11,495,056$11,626,250
X-17 Accounts payable and accrued expensesStart of year $692,977$293,440
X-19 Deferred revenueStart of year $1,670$1,143
X-25 Other liabilitiesStart of year $253,413$212,060
X-26 Total liabilitiesStart of year $948,060$506,643
X-27 Net assets without donor restrictionsStart of year $4,975,822$5,113,236
X-28 Net assets with donor restrictionsStart of year $5,571,174$6,006,371
X-32 Total net assets or fund balancesStart of year $10,546,996$11,119,607
X-33 Total liabilities and net assetsStart of year $11,495,056$11,626,250
Part XI · Reconciliation of net assets $11,119,607 net assets at year end
XI-1 Total revenue$4,802,781
XI-2 Total expenses$4,328,945
XI-3 Revenue less expenses$473,836
XI-4 Net assets at start of year$10,546,996
XI-5 Net unrealized gains (losses) on investments$114,733
XI-7 Investment expenses−$15,958
XI-10 Net assets at end of year$11,119,607

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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