Overview
What is Music Concourse Community Partnership?
Music Concourse Community Partnership (MCCP) is a nonprofit organization located in San Francisco, California, specifically at 50 Fremont Street 40th Floor. Its primary mission is to manage and operate the underground parking facility within Golden Gate Park, providing convenient parking options for visitors to popular attractions such as the DeYoung Museum and California Academy of Sciences. During the period of July 1, 2021, to June 30, 2022, MCCP issued 237,294 regular tickets and 528 monthly parking passes. Beyond offering parking services, MCCP plays a crucial role in reducing traffic congestion in the area. The nonprofit is staffed by a team of one dedicated individual.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79%, Three-Star out of Four Star rating.
Music Concourse Community Partnership has received a Three-Star rating from Charity Navigator, reflecting a solid performance primarily in the area of Accountability & Finance. The organization demonstrates strong governance with 100% independent board members and effective oversight measures, including a comprehensive audit committee and clear conflict of interest and whistleblower policies.
The organization excels in its program expense ratio, indicating that a significant majority of its funds are directed toward its programs, which is a positive sign for donors. However, the liabilities to assets ratio of 82.45% raises some concerns, suggesting that the organization may have high liabilities compared to its assets, which could impact its financial stability in the long term.
Overall, while Music Concourse Community Partnership shows strength in governance and program efficiency, potential donors may want to consider the implications of its financial liabilities when making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Music Concourse Community Partnership legitimate?
Music Concourse Community Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Music Concourse Community Partnership submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $74,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Music Concourse Community Partnership?
The Music Concourse Community Partnership (MCCP) is an organization that manages and operates a non-profit parking garage. This facility primarily serves visitors to San Francisco's Golden Gate Park, the DeYoung Museum, and the California Academy of Sciences. The primary mission of MCCP is to complete and operate the underground parking facility, providing convenient parking options for these attractions. In the period between July 1, 2021, and June 30, 2022, the garage issued 237,294 regular tickets and 528 monthly parking passes. Besides facilitating parking for these attractions, the garage also contributes to reducing traffic congestion in the area.
Who is the CEO of Music Concourse Community Partnership?
Janet Berckefeldt is the Chair of Music Concourse Community Partnership.
What is the revenue of Music Concourse Community Partnership?
Music Concourse Community Partnership's revenue in 2022 was $4,428,131.
Who are the executives of Music Concourse Community Partnership and what are their salaries?
The average compensation at Music Concourse Community Partnership during 2022 was $74,968. There is 1 employee and 7 volunteers at Music Concourse Community Partnership.
Here are 9 key members and their salaries:
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- Compensation: $64,160
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Where can I find the form 990 for Music Concourse Community Partnership?
Music Concourse Community Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Music Concourse Community Partnership
The Music Concourse Community Partnership (MCCP) is a non-profit organization with a mission to manage and operate the underground parking facility in San Francisco's Golden Gate Park. This facility serves as a crucial hub for visitors to the park, the DeYoung Museum, and the California Academy of Sciences, providing them with convenient parking options. During the period of July 1, 2021, to June 30, 2022, the garage issued 237,294 regular tickets and 528 monthly parking passes. Beyond facilitating parking, MCCP's operation also contributed to reducing traffic congestion in the area.
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Impact
July, 2024
The Music Concourse Community Partnership's impact is significant in helping to reduce traffic congestion in the San Francisco area by providing a convenient parking facility for visitors to Golden Gate Park, the de Young Museum, and the California Academy of Sciences. During the period of July 1, 2021, to June 30, 2022, the organization issued 237,294 regular tickets and 528 monthly parking passes, serving a large number of visitors to these attractions. This initiative not only supports the smooth functioning of the park and its cultural institutions but also contributes to the overall transportation management in the city.
This information is meant to be a general summary of Music Concourse Community Partnership. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $465
- Program Service Revenue: $4,374,346
- Gross Receipts: $4,428,131
Assets and Liabilities:
- Total Assets: $31,271,076
- Total Liabilities: $26,893,706
- Net Assets: $4,377,370
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARKING REVENUE
Revenue
$4,374,346
Organization Details
Founding Year
2001
Phone
(510) 599-4651Principal Officer
Janet Berckefeldt
Main Address
50 FREMONT STREET 40TH FLOOR, SAN FRANCISCO, CA, 94105
NTEE Category
Code: A68 - Arts
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