Overview
What is Central Park Conservancy Inc?
Central Park Conservancy Inc, based in New York, is a dedicated nonprofit organization committed to the restoration, management, and enhancement of Central Park. Their collaborative efforts involve the public to maintain the iconic park's beauty and functionality. By partnering with the community, they strive to ensure Central Park remains a cherished urban oasis for all to enjoy.
Official website here: www.centralparknyc.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 99%, Four-Star out of Four Star rating.
The Central Park Conservancy Inc has achieved an impressive overall score of 99%, reflecting its strong commitment to accountability, finance, and community engagement. With a culture and community score of 100 and a leadership and adaptability score of 100, the organization demonstrates exemplary governance and operational efficiency. Their program expense ratio stands at 69.77%, indicating a significant portion of funds directed towards program activities.
The organization boasts a highly independent board, with 98% of its members being independent, which contributes to effective oversight and decision-making. Additionally, their financial transparency is commendable, as evidenced by their perfect audit and oversight scores. The organization also maintains comprehensive policies regarding conflicts of interest and whistleblower protections, which testify to its ethical standards.
However, there are minor limitations noted, particularly concerning their donor privacy policy, which is opt-out rather than opt-in, resulting in a lower score in that area. Overall, Central Park Conservancy Inc exemplifies strong performance in nonprofit management and community service, making it a reliable choice for donors looking to support a well-managed organization.
This AI summary has been generated from information found on Charity Navigator.
Is Central Park Conservancy Inc legitimate?
Central Park Conservancy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Park Conservancy Inc 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: $3,856,499
Professional Fundraising Fees: $327,540
Other Salaries and Wages: $35,153,187
For more financial information, click here
Official website here: www.centralparknyc.org
What is the mission statement of Central Park Conservancy Inc?
The Central Park Conservancy is dedicated to restoring, managing, and enhancing Central Park in collaboration with the public. Through this mission, they aim to preserve the park's natural beauty and historic landmarks. The Conservancy works closely with the community to maintain the park's infrastructure and provide a clean and safe environment for visitors. They also plan and implement various initiatives to improve the park's accessibility, sustainability, and overall experience for the public. With a focus on partnership and public engagement, the Central Park Conservancy continues its efforts to protect and enhance this cherished urban green space.
Official website here: www.centralparknyc.org
Who is the CEO of Central Park Conservancy Inc?
Ms Elizabeth W Smith is the CEO of Central Park Conservancy Inc The CEO's salary of Central Park Conservancy Inc is $885,583 and their total compensation is $933,592.
Official website here: www.centralparknyc.org
What is the revenue of Central Park Conservancy Inc?
Central Park Conservancy Inc's revenue in 2024 was $200,192,390.
Official website here: www.centralparknyc.org
Who are the executives of Central Park Conservancy Inc and what are their salaries?
The average compensation at Central Park Conservancy Inc during 2024 was $78,176. There are 499 employees and 2256 volunteers at Central Park Conservancy Inc.
Here are 67 key members and their salaries (Central Park Conservancy Inc's CEO's salary is $885,583 and their total compensation is $933,592):
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- Compensation: $294,433
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- Other: $29,957
Official website here: www.centralparknyc.org
Where can I find the form 990 for Central Park Conservancy Inc?
Central Park Conservancy Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.centralparknyc.org
Learn more at the official website: www.centralparknyc.org
Mission Statement of Central Park Conservancy Inc
Central Park Conservancy Inc, a dedicated organization, is on a mission to restore, manage, and enhance Central Park in collaboration with the public. By taking on this role, the Conservancy aims to preserve the natural beauty and historical significance of this cherished urban park.
In the heart of New York City, Central Park serves as a tranquil oasis for millions of visitors each year. The Central Park Conservancy recognizes its responsibility to protect and maintain the park's landscapes, gardens, and structures. Through their efforts, they ensure Central Park remains an iconic and essential part of the community.
Central Park Conservancy Inc's partnership approach is noteworthy. By working collectively with the public, they strive to create a vibrant and inclusive environment where everyone can enjoy the park. Their dedication to restoring and managing Central Park involves ongoing projects, from the careful tending of gardens and the maintenance of structures, to the planning of events and educational programs.
The Central Park Conservancy's work goes beyond mere upkeep. They are committed to enhancing Central Park, making it an even more exceptional place for all to enjoy. This commitment includes the implementation of innovative design solutions, the preservation of historic sites, and the integration of new features that cater to the diverse needs and interests of park visitors. Through their collaborative efforts, the Central Park Conservancy continues to ensure Central Park remains a beloved and essential part of New York City.
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Impact
October, 2024
Central Park Conservancy Inc plays a vital role in maintaining and enhancing one of New York City's most iconic green spaces. By restoring and managing Central Park, the organization significantly impacts both the ecological health of the park and the quality of life for millions of visitors and residents. Their efforts ensure that the park remains a vibrant recreational area, providing a picturesque oasis for leisure activities, community events, and cultural experiences. Through collaboration with the public, the Conservancy fosters a sense of community ownership and pride, helping to preserve the park's historical features while adapting to the evolving needs of its diverse user base. Overall, their work not only protects this treasured landmark but also enriches the urban environment, making it a central hub for recreation and relaxation within the bustling city.
This information is meant to be a general summary of Central Park Conservancy Inc. 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 2024.
- Investment Income: $16,011,787
- Program Service Revenue: $41,719,308
- Gross Receipts: $341,722,997
Assets and Liabilities:
- Total Assets: $524,556,314
- Total Liabilities: $20,580,770
- Net Assets: $503,975,544
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT REVENUE
Revenue
$25,525,209
CONTRACT REVENUE
Revenue
$15,993,600
PROGRAM FEES
Revenue
$200,499
Organization Details
Founding Year
1980
Principal Officer
Stephen Spinelli
Website
www.centralparknyc.orgNTEE Category
Code: N320 - Recreation
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