Overview
What is Bryant Park Corporation?
The Bryant Park Corporation is a New York-based nonprofit organization, specifically located at 1065 Avenue of the Americas in the heart of Midtown Manhattan. Their primary mission is to manage and maintain Bryant Park as a vibrant, clean, and secure public space. During the winter months from November to February, this mission transforms into an exceptional experience as the park's lawn becomes an ice skating rink, encircled by a public viewing deck, a holiday market, a food hall, and service pavilions. This seasonal event, known as Winter Village, offers free public skating and various special programs, drawing thousands of visitors daily. The organization's efforts extend beyond winter, with a commitment to providing a rich and dynamic cultural and intellectual outdoor experience for New Yorkers and tourists throughout the year. The Bryant Park Corporation's workforce consists of 195 dedicated individuals.
Official website here: www.bryantpark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
The Bryant Park Corporation has received an 87% rating from Charity Navigator, indicating a strong performance in terms of accountability and finance. This score is based entirely on their accountability measures, reflecting a well-managed organization with a commitment to financial integrity.
The Bryant Park Corporation demonstrates impressive governance, with a board composed of 93% independent members and notable scores in areas such as financial oversight and compliance with policies. Their financial statements are audited, and they have robust procedures in place for managing conflicts of interest and ensuring transparency through posted documents on their website.
However, the organization has some limitations, particularly in its liabilities to assets ratio, which scored 6 out of 15 points. Despite this, their high program expense ratio of 91.80% indicates that a significant portion of their budget is allocated directly to their programs, highlighting a focus on their mission and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Bryant Park Corporation legitimate?
Bryant Park Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bryant Park Corporation 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: $972,395
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,114,404
For more financial information, click here
Official website here: www.bryantpark.org
What is the mission statement of Bryant Park Corporation?
The Bryant Park Corporation is dedicated to managing and maintaining Bryant Park as a vibrant, clean, and safe public space. By meticulously maintaining and improving the park, they create a rich and dynamic cultural and intellectual outdoor experience for New Yorkers and visitors. During certain seasons, the park is transformed into a venue for free events and programs that attract thousands of patrons daily. For instance, during winter months, the lawn becomes an ice skating rink surrounded by a viewing deck, a holiday market, a food hall, and service pavilions. Sponsorship of these winter activities enables free public skating and special programs for the community.
Official website here: www.bryantpark.org
Who is the CEO of Bryant Park Corporation?
Daniel A Biederman is the Executive Director of Bryant Park Corporation.
Official website here: www.bryantpark.org
What is the revenue of Bryant Park Corporation?
Bryant Park Corporation's revenue in 2022 was $25,467,125.
Official website here: www.bryantpark.org
Who are the executives of Bryant Park Corporation and what are their salaries?
The average compensation at Bryant Park Corporation during 2022 was $36,343. There are 195 employees and 18 volunteers at Bryant Park Corporation.
Here are 30 key members and their salaries:
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- Compensation: $500,464
- Related: $407,003
- Other: $34,928
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- Compensation: $143,717
- Related: $141,216
- Other: $8,980
- Compensation: $94,303
- Related: $172,383
- Other: $24,206
- Compensation: $97,834
- Related: $65,223
- Other: $3,617
- Compensation: $56,068
- Related: $168,204
- Other: $6,872
- Compensation: $80,010
- Related: $78,260
- Other: $4,590
- Compensation: $73,786
- Related: $73,265
- Other: $11,500
- Compensation: $125,789
- Related: $14,198
- Other: $20,907
- Compensation: $116,178
- Related: $13,353
- Other: $20,556
- Compensation: $17,679
- Related: $95,423
- Other: $10,510
- Compensation: $64,376
- Related: $45,983
- Other: $27,558
- Compensation: $54,968
- Related: $54,795
- Other: $10,592
- Compensation: $88,765
- Related: $50,903
- Other: $0
- Compensation: $108,421
- Related: $35,656
- Other: $11,461
Official website here: www.bryantpark.org
Where can I find the form 990 for Bryant Park Corporation?
Bryant Park Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bryantpark.org
Learn more at the official website: www.bryantpark.org
Mission Statement of Bryant Park Corporation
The Bryant Park Corporation, a dedicated nonprofit organization, strives to manage and maintain Bryant Park as an immaculate, safe, and vibrant public space in the heart of Midtown Manhattan. By meticulously caring for the park and continually improving its facilities, the organization creates a rich and dynamic cultural and intellectual experience for New Yorkers and visitors alike.
During specific seasons, Bryant Park undergoes captivating transformations. For instance, during the winter months from November through February, the park's lawn is converted into an ice skating rink. This winter wonderland is encircled by a viewing deck for the public, a holiday market, a rink-side food hall, and service pavilions. The sponsorship of the Winter Village enables the organization to provide free public skating and special programs, drawing enormous crowds to the park daily. These events contribute significantly to the park's allure and popularity.
In summary, the Bryant Park Corporation is committed to managing and maintaining Bryant Park as a premier public space, offering free events and programs that attract thousands of visitors throughout the year. Their mission to create a rich and dynamic outdoor experience, through meticulous maintenance and seasonal transformations, sets the stage for New Yorkers and tourists to enjoy a unique and engaging urban environment.
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Impact
October, 2024
Bryant Park Corporation significantly enhances the vibrancy and accessibility of Bryant Park in Midtown Manhattan, transforming it into a dynamic hub for both locals and tourists. By meticulously managing and maintaining the park, the Corporation ensures that it remains a clean, safe, and welcoming space.
One of its key annual attractions, the Winter Village, exemplifies this impact. From November to February, the park’s lawn is converted into an ice skating rink, complemented by a festive holiday market and a food hall. This seasonal transformation not only provides free public skating but also hosts special events that draw thousands of visitors daily, fostering community engagement and enhancing the park’s role as a social and cultural destination.
The Corporation's commitment to creating an open-air environment rich with cultural and intellectual experiences attracts patrons throughout the year, reinforcing Bryant Park's importance as a cherished urban oasis in New York City.
This information is meant to be a general summary of Bryant Park Corporation. 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: $971
- Program Service Revenue: $16,787,620
- Gross Receipts: $25,467,125
Assets and Liabilities:
- Total Assets: $14,443,305
- Total Liabilities: $8,489,066
- Net Assets: $5,954,239
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Winter Village Rink revenue
Revenue
$7,956,196
WV Holiday shops and concessions
Revenue
$3,357,085
Park use fees
Revenue
$2,018,016
Park restaruant rent
Revenue
$1,791,920
Park concessions
Revenue
$1,561,335
Organization Details
Founding Year
1980
Phone
(212) 768-4242Principal Officer
Daniel A Biederman
Main Address
1065 Avenue of the Americas 2400, New York, NY, 10018
Website
www.bryantpark.orgNTEE Category
Code: N320 - Recreation
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