MADISON SQUARE PARK CONSERVANCY INC

EIN: 141859935 501(c)(3) Environment

NEW YORK, NY

Total Revenue
$8,726,796
Total Expenses
$7,372,122
Total Assets
$16,172,103
Net Assets
$15,478,326
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NY
Principal Officer
HOLLY LEICHT-WEINSTEIN
Phone
2125207600
Tax Period
2024-01-01 to 2024-12-31

MADISON SQUARE PARK CONSERVANCY INC, founded in 2002, is a community nonprofit in the Environment sector that reported $8.7M in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 16% operating margin.

Mission

MADISON SQUARE PARK CONSERVANCY IS THE NONPROFIT ENTRUSTED BY THE CITY OF NEW YORK TO OPERATE MADISON SQUARE PARK, A 6.2-ACRE PUBLIC SPACE IN THE HEART OF MANHATTAN. OUR MISSION IS TO CONSERVE, MAINTAIN, AND PROGRAM THIS EVER-EVOLVING HISTORIC GREEN SPACE, INCLUDING RAISING 100% OF THE PARK'S OPERATING BUDGET. ANCHORING A DIVERSE AND VIBRANT LIVE-WORK COMMUNITY, MADISON SQUARE PARK IS BOTH AN INTIMATE NEIGHBORHOOD PARK AND AN INTERNATIONAL DESTINATION FOR 60,000 DAILY VISITORS. IT IS ALSO A PUBLIC GARDEN, URBAN FOREST, WILDLIFE HABITAT, PUBLIC ART EXHIBITION SPACE, A HAVEN FOR CHILDREN AND PETS TO PLAY, AND ONE OF NEW YORK CITY'S MOST TRANSCENDENT AND WELCOMING PLACES.

Program Service Accomplishments

Program 1
Expenses: $2,551,634 Revenue: $23,500

PUBLIC ART: IN 2024, MSPC CELEBRATED THE 20TH ANNIVERSARY OF OUR PUBLIC ART PROGRAM WITH FOUR COMMISSIONS IN MADISON SQUARE PARK AND BEYOND, INCLUDING MAJOR SCULPTURAL PROJECTS BY ROSE B. SIMPSON AND...

Read more

PUBLIC ART: IN 2024, MSPC CELEBRATED THE 20TH ANNIVERSARY OF OUR PUBLIC ART PROGRAM WITH FOUR COMMISSIONS IN MADISON SQUARE PARK AND BEYOND, INCLUDING MAJOR SCULPTURAL PROJECTS BY ROSE B. SIMPSON AND NICOLE EISENMAN, A VIBRANT TULLE INSTALLATION BY ANA MARA HERNANDO, AND A DYNAMIC PROCESSIONAL PERFORMANCE BY MARA MAGDALENA CAMPOS-PONS. THESE WORKS AND ACCOMPANYING FREE PUBLIC PROGRAMS ALLOWED US TO REFLECT ON THE BREADTH OF THE ART PROGRAM'S 20-YEAR HISTORY AND IMPACT WHILE USHERING IN THE NEXT GENERATION OF ARTISTS. IN ADDITION, WE PRODUCED A SCHOLARLY CATALOG ABOUT EACH COMMISSION, A MAJOR PUBLICATION ABOUT THE PROGRAM'S FIRST 20 YEARS, A SHORT DOCUMENTARY, A MONTHLY PODCAST SERIES INTERVIEWING ALUMNI ARTISTS, AND OUR ANNUAL PUBLIC ART SYMPOSIUM.

Program 2
Expenses: $1,938,527 Revenue: $1,658,490

PARK OPERATIONS & HORTICULTURE: MSPC'S OPERATIONS AND HORTICULTURE TEAMS CARE FOR AND MAINTAIN THE PARK AT THE HIGHEST STANDARD OF CARE FOR OVER 60,000 DAILY VISITORS, INCLUDING PRESERVING THE PARK'S...

Read more

PARK OPERATIONS & HORTICULTURE: MSPC'S OPERATIONS AND HORTICULTURE TEAMS CARE FOR AND MAINTAIN THE PARK AT THE HIGHEST STANDARD OF CARE FOR OVER 60,000 DAILY VISITORS, INCLUDING PRESERVING THE PARK'S HISTORIC TREE CANOPY; MAINTAINING OUR LUSH LAWNS AND PERENNIAL GARDENS, INCLUDING FIVE PLANT COLLECTIONS SELECTED TO ENSURE BLOOMS IN EVERY SEASON; CURATING SEASONAL FLOWER DISPLAYS; LEADING SUSTAINABILITY INITIATIVES; AND OFFERING FREE PUBLIC PROGRAMS AND TOURS TO EDUCATE AND ENGAGE PARKGOERS OF ALL AGES. MADISON SQUARE PARK IS THE LIVING, BREATHING HEART OF OUR COMMUNITY, ENHANCING THE HEALTH AND WELLBEING OF ALL WHO VISIT AND LIVE OR WORK NEARBY, AS WELL AS PROVIDING SHELTER AND SAFE HABITAT FOR A SURPRISINGLY DIVERSE POPULATION OF WILDLIFE.

Program 3
Expenses: $31,784

PARK CAPITAL IMPROVEMENTS: MSPC HIRED A GEOTECHNICAL FIRM TO CONDUCT AN INVESTIGATION INTO SUBSURFACE CONDITIONS AND INFRASTRUCTURE IN THE SOUTHEASTERN PORTION OF THE PARK TO IDENTIFY THE CAUSE(S) OF...

Read more

PARK CAPITAL IMPROVEMENTS: MSPC HIRED A GEOTECHNICAL FIRM TO CONDUCT AN INVESTIGATION INTO SUBSURFACE CONDITIONS AND INFRASTRUCTURE IN THE SOUTHEASTERN PORTION OF THE PARK TO IDENTIFY THE CAUSE(S) OF WATER IN OUR OFFICE BENEATH SHAKE SHACK AND RECOMMEND SOLUTIONS FOR ADDRESSING THE RESULTING SEEPAGE AND OCCASIONAL FLOODING. THIS WORK WILL INFORM A REQUEST FOR PROPOSALS FOR A MASTERPLAN FOR THE SOUTHERN PORTION OF THE PARK. IN ADDITION, DESIGN WORK WAS DONE FOR A STRUCTURE TO HOUSE MSPC'S AND SHAKE SHACK'S DUMPSTERS ON MADISON AVENUE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,487,216
Program Service Revenue $1,522,610
Investment Income $557,590
Other Revenue $159,380
TOTAL REVENUE $8,726,796

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,272,100
Fundraising Expenses $1,035,282
Program Expenses $4,782,991
Other Expenses $4,100,022
TOTAL EXPENSES $7,372,122

Year-over-Year Comparison

2024 2023 Change
Revenue $8,726,796 $5,005,319 +0.7%
Expenses $7,372,122 $5,325,151 +0.4%
Net Income $1,354,674 $-319,832 -5.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
29
Independent Members
29
Employees
53
Volunteers
670

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
4
$220,000
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN BARRY DIRECTOR 1.00
Director
$0 $0 $0
SASHA BASS DIRECTOR 1.00
Director
$0 $0 $0
HEG CHUNG DIRECTOR 1.00
Director
$0 $0 $0
SHEILA KEARNEY DAVIDSON CHAIR 3.00
Officer Director
$0 $0 $0
JESSICA DISTELBURGER DIRECTOR 1.00
Director
$0 $0 $0
ERICA DESAI DIRECTOR 1.00
Director
$0 $0 $0
TERRY GOULARD DIRECTOR 1.00
Director
$0 $0 $0
BASTIAN GERMER DIRECTOR 1.00
Director
$0 $0 $0
CHERYL JAMES DIRECTOR 1.00
Director
$0 $0 $0
JORDANA GRUNFELD DIRECTOR 2.00
Director
$0 $0 $0
DAVID HIRSH DIRECTOR 1.00
Director
$0 $0 $0
SIMON KIM DIRECTOR 1.00
Director
$0 $0 $0
ROBERT T LAPIDUS DIRECTOR 2.00
Director
$0 $0 $0
LESLIE SPIRA LOPEZ SECRETARY 3.00
Officer Director
$0 $0 $0
WILLIAM LUKASHOK TREASURER 3.00
Officer Director
$0 $0 $0
NEIL LUTHRA DIRECTOR 2.00
Director
$0 $0 $0
JOHN MEADOW DIRECTOR 1.00
Director
$0 $0 $0
DANNY MEYER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL L KAHN DIRECTOR 1.00
Director
$0 $0 $0
SEAN MACISAAC DIRECTOR 2.00
Director
$0 $0 $0
SARAH STEIN-SAPIR DIRECTOR 1.00
Director
$0 $0 $0
HILARY SPANN DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE SO DIRECTOR 1.00
Director
$0 $0 $0
PAUL TETI DIRECTOR 1.00
Director
$0 $0 $0
KAREN KELSO DIRECTOR 1.00
Director
$0 $0 $0
EDWARD PICCINICH DIRECTOR 1.00
Director
$0 $0 $0
RONALD PIZZUTI DIRECTOR 1.00
Director
$0 $0 $0
TRICIA SHIMAMURA DIRECTOR 1.00
Director
$0 $0 $0
JAMIE WELCH DIRECTOR 1.00
Director
$0 $0 $0
HOLLY LEICHT-WEINSTEIN EXECUTIVE DIRECTOR 40.00
Officer
$220,000 $0 $220,000
BROOKE KAMIN RAPAPORT DIRECTOR AND MARTIN FRIEDM 40.00
Highest
$190,852 $33,649 $224,501
DEEPKA SANI ASSOC DIRECTOR, INDIVIDUAL GIVING & MAJOR GIFTS 40.00
Highest
$110,357 $29,121 $139,478
STEPHANIE LUCAS DIRECTOR OF HORTICULTURE A 40.00
Highest
$156,747 $26,682 $183,429
THOMAS REIDY DIRECTOR OF ART OPERATIONS 40.00
Highest
$147,865 $5,614 $153,479
ROSINA ROA DIRECTOR OF FINANCE AND HU 40.00
Highest
$124,490 $23,333 $147,823
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
2024 $8,726,796 $7,372,122 $16,172,103 $1,354,674
2023 $5,005,319 $5,325,151 $15,200,530 $-319,832
2022 $4,955,961 $6,771,201 $14,189,903 $-1,815,240
2021 $5,971,586 $5,247,401 $17,758,568 $724,185
2020 $6,272,030 $4,407,488 $16,446,512 $1,864,542
2019 $7,340,049 $8,240,145 $15,285,091 $-900,096
2018 $8,899,704 $6,384,344 $15,818,046 $2,515,360
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MADISON SQUARE PARK CONSERVANCY INC with other nonprofits in New York and across the country.