Friends of Loring Park Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $80,609
- Spending
- $40,119
- Reserves
- 64.7 months of spending
- Largest source of income
- donations and private grants, 98%
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $1,183 spent. 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.
- $12,645 spent. 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.
- $654 spent. With the help of 80 volunteers we worked to keep our ponds clear of invasive plants through monthly invasive species pond pulls.
- $10,343 spent. Community Newsletter, Earth Day Event, Yoga in the Park, DJ Event, Opera
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1998.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.