Brooklyn Bridge Park Conservancy Inc
- Assets
- $1.8m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 08/1985
- Data as of
- 12/2021
- EIN
- 13-3277651
Organization Overview
Brooklyn Bridge Park Conservancy Inc is located in Brooklyn, NY. The organization was established in 1985. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Bridge 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 12/2021, Brooklyn Bridge Park Conservancy Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENSURE THE CREATION, FUNDING, MAINTENANCE, SUPPORT, & CITIZEN ENJOYMENT OF BROOKLYN BRIDGE PARK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maura Greaney Director Of Philanthropy | Officer | 40 | $188,147 |
Nancy Webster Executive Director | Officer | 40 | $183,381 |
Beth Newborn Deputy Director | 40 | $136,728 | |
Chris Coffey Chairman | OfficerTrustee | 1 | $0 |
Michael T Crane First Vice Chair | OfficerTrustee | 1 | $0 |
Sanjay Mody Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,029,537 |
| Related organizations | $0 |
| Government grants | $771,107 |
| All other contributions, gifts, grants, and similar amounts not included above | $810,838 |
| Noncash contributions included in lines 1a–1f | $14,859 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,611,482 |
| Total Program Service Revenue | $344,995 |
| Investment income | $199 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $525 |
| Net Income from Fundraising Events | -$215,252 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,751,779 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $436,902 |
| Compensation of current officers, directors, key employees. | $43,690 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $763,884 |
| Pension plan accruals and contributions | $19,078 |
| Other employee benefits | $141,216 |
| Payroll taxes | $142,670 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,982 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,453 |
| Advertising and promotion | $0 |
| Office expenses | $47,930 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,821 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,552 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,593 |
| Insurance | $33,133 |
| All other expenses | $0 |
| Total functional expenses | $2,154,022 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $925,340 |
| Savings and temporary cash investments | $360,801 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $410,588 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,319 |
| Prepaid expenses and deferred charges | $15,313 |
| Net Land, buildings, and equipment | $115,086 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,828,447 |
| Accounts payable and accrued expenses | $87,803 |
| Grants payable | $0 |
| Deferred revenue | $725 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $88,528 |
| Net assets without donor restrictions | $1,585,019 |
| Net assets with donor restrictions | $154,900 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,828,447 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Brooklyn Bridge Park Conservancy Inc has recieved totaling $8,500.
| Awarding Organization | Amount |
|---|---|
De La Cour Family Foundation Glen Cove, NY PURPOSE: TO HELP FUND THE RECIPIENTS OPERATING BUDGET | $7,000 |
The@deborah And Ronald Eisenberg Family Foundation Inc Springfield, NJ PURPOSE: GENERAL | $1,500 |
Endowment Analysis
| Beg. Balance | $147,400 |
| Net Contributions | $107,500 |
| Other Expense | $100,000 |
| Ending Balance | $154,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Parks Foundation Inc New York, NY | $46,351,327 | $21,146,324 |
Pier55 Inc New York, NY | $281,389,922 | $61,475,219 |
Bryant Park Corporation New York, NY | $13,271,219 | $15,814,011 |
Paul Simons Foundation Inc Stony Brook, NY | $121,782,003 | $9,487,542 |
Rosedale And Rosehill Cemetery Association Linden, NJ | $201,463,807 | $21,638,955 |
Prospect Park Alliance Inc Brooklyn, NY | $34,463,999 | $14,619,569 |
Avalon Nature Preserve Inc Stony Brook, NY | $43,010,885 | $9,560,636 |
The Pittsburgh Parks Conservancy Pittsburgh, PA | $20,284,178 | $5,028,888 |
Rose Fitzgerald Kennedy Greenway Conservancy Inc Boston, MA | $31,444,070 | $8,732,611 |
Ymca Of Marthas Vineyard Inc Vineyard Haven, MA | $24,356,522 | $5,436,042 |
Friends Of Hudson River Park Inc New York, NY | $3,524,338 | $4,419,034 |
White Haven Memorial Park Inc Pittsford, NY | $20,072,674 | $7,692,818 |