Central Park Conservancy Inc
79% goes to programs $8 to raise $100 Strong reserves Growing revenue
Central Park Conservancy Inc is a 501(c)(3) organization based in New York, New York, registered in 1980, with $172,923,141 in FY2024 revenue. CharityIndex grades it A, and it directs about 79% of spending to programs.
717 5th Avenue, New York, NY, 10022 EIN 13-3022855 Since 1980
Revenue (FY2024)
$172.9M
▼ 13.6% vs prior year
Recreation median: $129K
Expenses (FY2024)
$166.1M
Net assets
$669.4M
Employees
509
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating79% to programs · $8 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Central Park Conservancy Inc: 79% to programs · $8 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating48 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Central Park Conservancy Inc: 48 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Central Park Conservancy Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Central Park Conservancy Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
See schedule o.
What they do
As the official manager of central park, the conservancy is responsible for the day-to-day maintenance and operation of the park. activities include: landscape maintenance, playground maintenance, tree care, turf care, and preservation of historic monuments. the conservancy has set new standards in excellence in park care. it has transformed central park into a model for urban parks worldwide.
The conservancy public programs take advantage of the invaluable resources in central park providing education, recreation, and volunteer programs that serve the community. in addition, the conservancy provides services at the following six visitor centers in the park: the davis center, charles a. dana discovery center, north meadow recreation center, belvedere castle, dairy visitor center and gift shop, and chess and checkers house.
Contact & location
- Address
- 717 5th Avenue, New York, NY, 10022
- City
- New York
- State
- New York
- Category
- Recreation & Sports
- Subcategory
- Parks & Playgrounds
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $60.1M (FY2013) to $172.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $57.7MNet assets $669.4M
Operating margin
4.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$727.1M
Total liabilities
$57.7M
Net assets
$669.4M
Salaries & benefits
$55.0M
33% of expenses
Board members
55
54 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $172,923,141▼13.6% | $166,074,475▲10.5% | $669,368,098▲7.6% | $727,092,630▲7.3% | 990 |
| 2023 | $200,192,390▲35.3% | $150,328,602▲14.6% | $622,067,301▲15.4% | $677,422,729▲14.7% | 990 |
| 2022 | $147,958,188▲0.1% | $131,200,781▲40.3% | $539,037,045▲7.0% | $590,446,635▲12.6% | 990 |
| 2021 | $147,792,049▼14.4% | $93,486,159▲15.0% | $503,975,544▲5.0% | $524,556,314▲4.4% | 990 |
| 2020 | $172,706,409▲167% | $81,290,537▲11.0% | $479,978,875▲41.2% | $502,467,688▲29.0% | 990 |
| 2019 | $64,665,936▼1.5% | $73,260,408▼5.4% | $339,909,201▼5.8% | $389,474,475▲0.1% | 990 |
| 2018 | $65,671,539▼3.7% | $77,414,823▲11.7% | $360,846,831▼4.0% | $388,990,197▼0.6% | 990 |
| 2017 | $68,185,959▼30.5% | $69,312,753▼4.3% | $375,967,164▲4.3% | $391,516,936▲5.4% | 990 |
| 2016 | $98,097,373▲99.6% | $72,425,618▲6.5% | $360,365,636▲12.6% | $371,581,363▲12.4% | 990 |
| 2015 | $49,143,915▼27.8% | $68,006,146▲5.6% | $320,137,698▼10.8% | $330,587,867▼10.7% | 990 |
| 2014 | $68,079,603▲13.3% | $64,413,567▲23.3% | $358,975,685▼3.5% | $370,096,188▼2.9% | 990 |
| 2013 | $60,071,978 | $52,252,091▲15.4% | $371,910,683▲12.1% | $381,009,294▲12.3% | 990 |
| 2012 | — | $45,273,221▲12.3% | $331,886,506▲57.9% | $339,255,857▲56.5% | 990 |
| 2011 | — | $40,316,332▲4.0% | $210,124,428▼2.2% | $216,837,164▼1.7% | 990 |
| 2010 | — | $38,749,742▲15.2% | $214,831,809▲14.7% | $220,518,799▲14.6% | 990 |
| 2009 | — | $33,623,121 | $187,364,450 | $192,477,875 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Ms Elizabeth W Smith — $1,211,800 (0.73% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ms Elizabeth W Smith | Ex-officio (president/ceo) | 35 | $1,211,800 |
| Mr Stephen Spinelli | Chief Financial Officer | 35 | $746,635 |
| Mr Roger Mosier | Chief of Park Operations | 35 | $544,054 |
| Ms Mary Caraccioli | Chief Comm. & Eng Through 7/5/24 | 35 | $379,432 |
| Ms Sandra Huber | Senior Vp For Capital Project | 35 | $356,100 |
| Ms Suzanne Pennasilico | Vice President For People & Culture | 35 | $343,414 |
| Ms Abigail Healy | Senior Vp For Philanthropy | 35 | $337,405 |
| Ms Leah Catherine Day | Chief of Staff & Vp of Str. Init. | 35 | $325,770 |
| Mr Christopher Atkinson | Vice President of Finance | 35 | $317,825 |
| Mr David Saltonstall | Vp For Govt Relations, Pol. & Comm A | 35 | $301,194 |
| Ms Margaret Asaro | Vp For Park Maint & Facilities | 35 | $295,859 |
| Mr Joshua Ehrlich | Vp For Information Technology | 35 | $287,309 |
| Ms Sylvia Tsen | Vp For Business Solutions | 35 | $263,923 |
| Dr Amelia Ogunlesi | General Trustee | 1 | — |
| Dr Angela Diaz | Appointed Trustee (board) | 1 | — |
| Dr Gayatri Devi | General Trustee | 1 | — |
| Dr Sandye Johnson | Appointed Trustee (board) | 1 | — |
| Dr Thelma Dye | Appointed Trustee (board) | 1 | — |
| Hon Mark Levine | Ex-officio (man. Bor. Pres) | 1 | — |
| Mr Alfred J Shuman | General Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| E W Howell Co LLC | Construction | $31,169,520 |
| C&l Contracting Corp | Construction | $9,488,169 |
| Tait Towers Manufacturing LLC | Construction | $7,423,160 |
| Fgi Corporation | Construction | $6,396,906 |
| Alpine Construction & Landscaping Corp | Construction | $6,028,812 |
Grants received · $116.0M total
225 grants to Central Park Conservancy Inc totaling $116.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $17,587,655 |
| The New York Community Trust | For program support. | 2024 | $625,000 |
| The New York Community Trust | For general support. | 2024 | $276,930 |
| American Online Giving Foundation Inc | General support | 2024 | $207,197 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Environment & animal protection | 2024 | $188,800 |
| New York Road Runners Inc | Contribution support for the conservation and operation of central park, which hosted 28 nyrr race events | 2024 | $150,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $115,000 |
| The New York Community Trust | For program support. | 2024 | $99,140 |
| Ayco Charitable Foundation | Environment & animal protection | 2024 | $69,650 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $55,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $50,450 |
| The Seattle Foundation | North meer project. | 2024 | $50,000 |
| The New York Community Trust | For program support. | 2024 | $50,000 |
| American Endowment Foundation | Sports/leisure | 2024 | $49,750 |
| Charities Aid Foundation America | Charitable donation | 2024 | $43,966 |
Grants made · $236K in FY2024
8 grants totaling $236K in FY2024. All grants made by Central Park Conservancy Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Nyc Department of Parks & Recreation | Program support | $91,638 |
| New York Shakespeare Festival | Program support | $49,570 |
| Central Park Medical Unit Inc | Program support | $25,000 |
| City Parks Alliance Inc | Program support | $25,000 |
| New Yorkers For Parks | Program support | $20,000 |
| American Society of Landscape Architects New York Chapter | Program support | $10,600 |
| The Corbin Hill Food Project Inc | Program support | $9,000 |
| Olmsted Network Inc | Program support | $5,181 |
Similar organizations in Recreation
Recreation
Usta National Tennis Center Inc
Purchase, NY
$139.8M
Cannual revenue
Recreation
National Football League Foundation
New York, NY
$86.9M
C+annual revenue
Recreation
New York Edge Inc
Woodside, NY
$69.3M
B+annual revenue
Recreation
Westchester Country Club Inc
Rye, NY
$51.2M
Bannual revenue
- Recreation
Arverne East Phase 1 and Phase 2 Inc
New York, NY
$39.4M
C+annual revenue
Recreation
Asphalt Green Inc
New York, NY
$34.6M
Bannual revenue
Recreation
Brooklyn Bridge Park Corporation
Brooklyn, NY
$34.6M
B+annual revenue
Recreation
East Side House Inc
Bronx, NY
$33.5M
Bannual revenue
Recreation
Bryant Park Corporation
New York, NY
$30.2M
Bannual revenue
Recreation
City Parks Foundation Inc
New York, NY
$27.2M
Bannual revenue
Compare Central Park Conservancy Inc
Frequently asked questions
- Is Central Park Conservancy Inc a legitimate nonprofit?
- Yes. Central Park Conservancy Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3022855, based in New York, New York. Donations are tax-deductible.
- What is Central Park Conservancy Inc's EIN?
- Central Park Conservancy Inc's Employer Identification Number (EIN) is 13-3022855.
- How much revenue does Central Park Conservancy Inc report?
- Central Park Conservancy Inc reported $172,923,141 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Central Park Conservancy Inc's spending goes to programs?
- Central Park Conservancy Inc spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Central Park Conservancy Inc have?
- CharityIndex grades Central Park Conservancy Inc A, based on program efficiency and fundraising cost.
- How much does Central Park Conservancy Inc's highest-paid employee make?
- The highest reported compensation on Central Park Conservancy Inc's latest Form 990 is $1,211,800, paid to Ms Elizabeth W Smith (Ex-officio (president/ceo)).
More nonprofits in New York
Explore more
Data for Central Park Conservancy Inc (EIN 13-3022855) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.