Overview
What is Friends Of The High Line Inc?
Friends of the High Line Inc is a New York-based nonprofit organization responsible for maintaining and operating an extraordinary public space on the High Line, a 1.45-mile elevated freight rail line transformed into a park on Manhattan's west side. Their mission is to protect the historic structure, inspiring new ways of thinking about the city, parks, public space, preservation, and community. With a team of 220 employees, Friends of the High Line provides virtually all of the park's annual operating budget and is responsible for its maintenance under a license agreement with the New York City Department of Parks & Recreation. In 2022, despite the challenges of COVID-19 safety protocols and record snowfall, the organization continued park operations, including food programs, public events, fundraising, corporate partnerships, and activations. Additionally, they donated resources to various community initiatives.
Official website here: www.thehighline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
Friends Of The High Line Inc has received an exceptional rating of 100%, indicating a strong commitment to accountability and financial health. This rating is based entirely on its accountability and finance metrics, reflecting the organization's transparency and effective governance practices. Their board comprises 97% independent members, which contributes to their robust oversight.
The organization has demonstrated outstanding financial management, with a program expense ratio of 71.13%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Moreover, its fundraising efficiency is impressive, with only $0.12 spent to raise each dollar, showcasing effective use of resources. The organization also exhibits strong liquidity with a working capital ratio of 5.63 years, suggesting it is well-positioned to meet its financial obligations.
While the financial metrics are commendable, the organization's strengths lie in its governance and transparency practices. Friends Of The High Line Inc has established several policies, including conflict of interest and whistleblower protections, which are indicative of its commitment to ethical practices. Overall, the charity stands out as a model of financial stewardship and accountability within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The High Line Inc legitimate?
Friends Of The High Line Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The High Line 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: $1,816,194
Professional Fundraising Fees: $297,522
Other Salaries and Wages: $8,539,716
For more financial information, click here
Official website here: www.thehighline.org
What is the mission statement of Friends Of The High Line Inc?
Friends of the High Line is a non-profit organization dedicated to maintaining and operating the High Line, an extraordinary public space transformed from a historic freight rail line into a park on Manhattan's west side. Their mission is to protect the entire structure, preserving a significant piece of the city's industrial past, inspiring new ways of thinking about parks, public space, preservation, and community. They provide the annual operating budget for the High Line and are responsible for its maintenance under a license agreement with the New York City Department of Parks & Recreation. Through operational excellence, stewardship, innovative programming, and world-class design, they engage the vibrant and diverse community surrounding the High Line.
Official website here: www.thehighline.org
Who is the CEO of Friends Of The High Line Inc?
Alan Van Capelle is the Co-Founder & Interim Exec. Director of Friends Of The High Line Inc.
Official website here: www.thehighline.org
What is the revenue of Friends Of The High Line Inc?
Friends Of The High Line Inc's revenue in 2022 was $45,164,504.
Official website here: www.thehighline.org
Who are the executives of Friends Of The High Line Inc and what are their salaries?
The average compensation at Friends Of The High Line Inc during 2022 was $47,072. There are 220 employees and 143 volunteers at Friends Of The High Line Inc.
Here are 48 key members and their salaries:
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- Other: $13,797
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Official website here: www.thehighline.org
Where can I find the form 990 for Friends Of The High Line Inc?
Friends Of The High Line Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thehighline.org
Learn more at the official website: www.thehighline.org
Mission Statement of Friends Of The High Line Inc
Friends of the High Line is a non-profit conservancy dedicated to maintaining and operating the extraordinary public space on the High Line. This organization transforms a historic 1.45-mile elevated freight rail line in Manhattan into a thriving urban oasis, inspiring new ways of thinking about cities, parks, public spaces, preservation, and community. Friends of the High Line's mission is to protect the entire historic structure and provide virtually all of its annual operating budget, responsible for the maintenance of the park under a license agreement with the New York City Department of Parks & Recreation.
Through excellence in operations, stewardship, innovative programming, and world-class design, Friends of the High Line engages the vibrant and diverse community on and around the High Line. The conservancy seeks to inspire and delight visitors through the meticulous care of its gardens, the implementation of engaging programs, and the thoughtful design of its spaces. By fostering a deep connection with the community, Friends of the High Line ensures that the High Line remains a cherished and essential piece of New York City's history and cultural landscape.
Friends of the High Line's commitment to excellence extends beyond the day-to-day operations of the park. The organization invests in the long-term preservation of the High Line by fundraising for capital projects and collaborating with artists, designers, and architects to create unique installations and experiences. By fostering a sense of wonder and discovery in the High Line, Friends of the High Line encourages visitors to explore the park and the surrounding neighborhoods, strengthening the bonds between people and their city.
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Impact
October, 2024
Friends Of The High Line Inc significantly enhances public space and community engagement in New York City through the maintenance and operation of the High Line, a 1.45-mile elevated park that was once a freight rail line. Each year, they provide safe and enriching experiences for millions of visitors, totaling over 4.5 million in recent years.
In 2022, the organization maintained exceptional safety standards while implementing COVID-19 protocols. Their diligent operations included handling extensive snow removal and waste management, processing approximately 4,500 bags of recycling and 17,000 bags of trash. The dedication to the park's landscape can be seen in their planting of over 5,000 plants and the active management of gardens, which involved weeding, pruning, and watering, contributing to the park's vibrant ecosystem.
Friends Of The High Line also demonstrates a commitment to community equity through donations of park materials to local initiatives, totaling over $6,100. This includes contributions that support other community gardens and the NYC Parks Department.
Overall, their work not only preserves and enhances a crucial part of New York's heritage but also fosters a sense of community and enriches the urban landscape, making the High Line a model of innovative public space management.
This information is meant to be a general summary of Friends Of The High Line 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 2022.
- Investment Income: $584,715
- Program Service Revenue: $1,799,037
- Gross Receipts: $127,233,081
Assets and Liabilities:
- Total Assets: $116,591,967
- Total Liabilities: $5,162,858
- Net Assets: $111,429,109
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REPAIRS, MAINTENANCE &
Revenue
$936,697
SUBLICENSING CONCESSIO
Revenue
$700,490
ART COMMISSION FEES
Revenue
$137,500
FIELD TRIPS & WALKING
Revenue
$24,350
Organization Details
Founding Year
2000
Phone
(212) 206-9922Principal Officer
Alan Van Capelle
Main Address
820 WASHINGTON STREET, NEW YORK, NY, 10014
Website
www.thehighline.orgNTEE Category
Code: A80 - Arts
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