TIMES SQUARE DISTRICT MANAGEMENT ASSOCIATION

EIN: 133627527 501(c)(3) Unknown

NEW YORK, NY

Total Revenue
$29,071,968
Total Expenses
$29,298,545
Total Assets
$23,433,989
Net Assets
$15,692,139
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NY
Principal Officer
THOMAS J HARRIS
Phone
2127681560
Tax Period
2024-07-01 to 2025-06-30

TIMES SQUARE DISTRICT MANAGEMENT ASSOCIATION, founded in 1991, is a mid-sized nonprofit in the Unknown sector that reported $29.1M in total revenue in fiscal year 2024.

Mission

PROMOTE THE VITALITY AND ECONOMIC GROWTH OF A BUSINESS IMPROVEMENT DISTRICT LOCATED IN NYC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,561,961
Program Service Revenue $20,661,408
Investment Income $848,599
Other Revenue $0
TOTAL REVENUE $29,071,968

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,275,967
Fundraising Expenses $218,646
Program Expenses $24,238,277
Other Expenses $14,022,578
TOTAL EXPENSES $29,298,545

Year-over-Year Comparison

2024 2023 Change
Revenue $29,071,968 $26,974,930 +0.1%
Expenses $29,298,545 $27,071,298 +0.1%
Net Income $-226,577 $-96,368 +1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
50
Independent Members
39
Employees
190
Volunteers
39

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$857,059
Total Directors
50
$0
Key Employees
3
$883,567
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICKI LIVANOS CHAIR 1.00
Officer Director
$0 $0 $0
DAN NADEAU VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOSEPH BENINCASA TREASURER 1.00
Officer Director
$0 $0 $0
ALIREZA ESMAEILZADEH DIRECTOR 0.50
Director
$0 $0 $0
AMIE POSPISIL DIRECTOR 0.50
Director
$0 $0 $0
ADRIENNE E ADAMS DIRECTOR 0.50
Director
$0 $0 $0
BILL REGISTER DIRECTOR 0.50
Director
$0 $0 $0
BRAD LANDER DIRECTOR 0.50
Director
$0 $0 $0
CHRIS WILLIAMS DIRECTOR 0.50
Director
$0 $0 $0
DYNISHAL GROSS DIRECTOR 0.50
Director
$0 $0 $0
DANA AMENDOLA DIRECTOR 0.50
Director
$0 $0 $0
DAVID WICKS DIRECTOR 0.50
Director
$0 $0 $0
DAVID LIEBERMAN DIRECTOR 0.50
Director
$0 $0 $0
DAVID RABIN DIRECTOR 0.50
Director
$0 $0 $0
DOUGLAS DURST DIRECTOR 0.50
Director
$0 $0 $0
EILEEN MURPHY DIRECTOR 0.50
Director
$0 $0 $0
ELDON SCOTT DIRECTOR 0.50
Director
$0 $0 $0
ERIC RUDIN DIRECTOR 0.50
Director
$0 $0 $0
EUGENIA D'AMBROSIO DIRECTOR 0.50
Director
$0 $0 $0
FRED ROSENBERG DIRECTOR 0.50
Director
$0 $0 $0
GEORGE NTIM DIRECTOR 0.50
Director
$0 $0 $0
GEORGE STONBELY DIRECTOR 0.50
Director
$0 $0 $0
GLEN WEISS DIRECTOR 0.50
Director
$0 $0 $0
HAISOOK SONG-DUBINER DIRECTOR 0.50
Director
$0 $0 $0
HEATHER KAHN DIRECTOR 0.50
Director
$0 $0 $0
JASMINE GERALD DIRECTOR 0.50
Director
$0 $0 $0
JASON D VACKER DIRECTOR 0.50
Director
$0 $0 $0
JASON LAKS DIRECTOR 0.50
Director
$0 $0 $0
JEFFREY BANK DIRECTOR 0.50
Director
$0 $0 $0
JEFFREY GURAL DIRECTOR 0.50
Director
$0 $0 $0
JEREMY MERRIN DIRECTOR 0.50
Director
$0 $0 $0
JOHN VARRONE DIRECTOR 0.50
Director
$0 $0 $0
JORDAN ROTH DIRECTOR 0.50
Director
$0 $0 $0
JULIO PETERSON DIRECTOR 0.50
Director
$0 $0 $0
LAURA MAIOGLIO DIRECTOR 0.50
Director
$0 $0 $0
MARK JENNINGS DIRECTOR 0.50
Director
$0 $0 $0
MARK LEVINE DIRECTOR 0.50
Director
$0 $0 $0
MARVIN DAVIS DIRECTOR 0.50
Director
$0 $0 $0
MAURA HAYES DIRECTOR 0.50
Director
$0 $0 $0
MAX WEISFELD DIRECTOR 0.50
Director
$0 $0 $0
MERIC ADRIANSEN DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL NAUMANN DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL PHILLIPS DIRECTOR 0.50
Director
$0 $0 $0
PAUL SALVATORE DIRECTOR 0.50
Director
$0 $0 $0
ROBERT CUMMINS DIRECTOR 0.50
Director
$0 $0 $0
ROBERT E WANKEL DIRECTOR 0.50
Director
$0 $0 $0
ROBERT SNYDER DIRECTOR 0.50
Director
$0 $0 $0
RUSSELL GRANET DIRECTOR 0.50
Director
$0 $0 $0
SARAH MERCANTI DIRECTOR 0.50
Director
$0 $0 $0
STEVEN M DURELS DIRECTOR 0.50
Director
$0 $0 $0
THOMAS J HARRIS PRESIDENT 40.00
Officer
$562,934 $10,350 $573,284
MICHAEL KELLMAN CHIEF FINANCIAL OFFICER 40.00
Officer
$242,840 $40,935 $283,775
ELLYN BERNSTEIN V.P. SALES 40.00
Key Emp
$344,667 $41,181 $385,848
GARY WINKLER V.P. STAKEHOLDER SERVICES & SIGNATURES EVENTS 40.00
Key Emp
$204,144 $57,090 $261,234
REGINA MONTES SAXONMEYER S.V.P. & CHIEF OF STAFF 40.00
Key Emp
$213,890 $22,595 $236,485
HOLLIS KAM S.V.P. PEOPLE & CULTURE 40.00
Highest
$210,642 $22,714 $233,356
ELLEN GOLDSTEIN S.V.P. DEVELOPMENT & POLICY 40.00
Highest
$207,148 $66,269 $273,417
ANNA SCHWEIGMAN V.P. PARTNERSHIP AND MARKETING 40.00
Highest
$196,639 $35,609 $232,248
THOMAS WITHAM V.P. COMMUNICATIONS 40.00
Highest
$185,473 $38,931 $224,404
DAMIAN SANTUCCI V.P. OF PRODUCTION & OPERATIONS 40.00
Highest
$182,220 $21,496 $203,716
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $29,071,968 $29,298,545 $23,433,989 $-226,577
2024 $26,974,930 $27,071,298 $22,375,443 $-96,368
2023 $25,874,971 $26,009,739 $23,022,475 $-134,768
2022 $28,017,921 $25,911,209 $18,451,564 $2,106,712
2021 $21,669,069 $20,105,663 $18,386,979 $1,563,406
2020 $21,901,082 $21,644,312 $15,812,308 $256,770
2019 $22,510,875 $22,271,956 $13,653,852 $238,919
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