Central Park Conservancy Inc

Organization Overview

Central Park Conservancy Inc is located in New York, NY. The organization was established in 1980. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Central Park Conservancy Inc employed 376 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Park Conservancy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Central Park Conservancy Inc generated $64.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $73.3m during the year ending 06/2020. While expenses have increased by 1.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Central Park Conservancy Inc has awarded 81 individual grants totaling $4,441,756. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O, INCLUDING NOTES ON THE HARLEM MEER CENTER RECONSTRUCTION AND $93M OF REVENUE RELATED TO THE PROJECT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DESIGN AND CONSTRUCTION IN CONNECTION WITH THE RESTORATION OF CENTRAL PARK AS AMERICA'S FOREMOST URBAN PUBLIC SPACE. THE CONSERVANCY HAS CARRIED OUT A RESTORATION MANAGEMENT PLAN FOR THE PARK, AND MANAGED THE CAPITAL RESTORATION OF A NUMBER OF SIGNIFICANT LANDSCAPES AND FACILITIES.


AS THE OFFICIAL MANAGER OF CENTRAL PARK, THE CONSERVANCY IS RESPONSIBLE FOR THE DAY-TO-DAY MAINTENANCE 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'S 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 FIVE FOLLOWING VISITOR CENTERS IN THE PARK: CHARLES A. DANA DISCOVERY CENTER, NORTH MEADOW RECREATION CENTER, BELVEDERE CASTLE, THE DAIRY VISITOR CENTER AND GIFT SHOP, AND CHESS AND CHECKERS HOUSE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
E W Howell Co Llc
Construction
$4,333,972
Graciano Corporation
Construction
$4,036,218
Mitchell Giurgola Architects Llp
Construction
$2,723,105
Kelco Construction Inc
Construction
$2,535,659
Almstead Tree Shrub Care Company
Tree Care Service
$1,590,319
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$39,856,615
Investment income $4,813,553
Tax Exempt Bond Proceeds $0
Royalties $41,019
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,880,884
Net Income from Fundraising Events -$671,861
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $635,408
Miscellaneous Revenue$0
Total Revenue $64,665,936

Grants Awarded

Over the last fiscal year, Central Park Conservancy Inc has awarded $270,164 in support to 12 organizations.

Grant RecipientAmount

NYC DEPARTMENT OF PARKS AND RECREATION

PURPOSE: Program Support

$62,031

THE PUBLIC THEATRE

Org PageRecipient Profile

New York, NY

PURPOSE: PROGRAM SUPPORT

$48,133

CENTENNIAL PARK CONSERVANCY

Org PageRecipient Profile

Nashville, TN

PURPOSE: program support

$25,000

DETROIT 300 CONSERVANCY

Org PageRecipient Profile

Detroit, MI

PURPOSE: program support

$25,000

CENTRAL PARK MEDICAL UNIT INC

Org PageRecipient Profile

New York, NY

PURPOSE: PROGRAM SUPPORT

$25,000

DENVER PARK TRUST

Org PageRecipient Profile

Denver, CO

PURPOSE: program support

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Central Park Conservancy Inc has recieved totaling $151,000.

Awarding OrganizationAmount
Gray Foundation

Cohoes, NY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.

$50,000
Georgescu Family Foundation

Westport, CT

PURPOSE: GENERAL USE

$30,000
Epstein Philanthropies

New York, NY

PURPOSE: GENERAL PURPOSES

$30,000
Chanel Family Foundation

New York, NY

PURPOSE: GENERAL USE

$10,000
The Mdc Foundation

Charlottesville, VA

PURPOSE: GENERAL

$5,000
Peter And Deborah Lamm Foundation

Boston, MA

PURPOSE: GENERAL PURPOSES

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$224,229,313
Earnings$63,539,000
Net Contributions$22,513,000
Other Expense$9,588,000
Ending Balance$300,693,313

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