EIN 14-1859935

Madison Square Park Conservancy

IRS 501(c) type
501(c)(3)
Num. employees
60
Year formed
2002
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Madison Square Park Conservancy is the not-for-profit organization dedicated to keeping historic Madison Square Park a bright, beautiful and active public park.
Total revenues
$5,005,319
2023
Total expenses
$5,325,151
2023
Total assets
$15,200,530
2023
Num. employees
60
2023

Program areas at Madison Square Park Conservancy

The Madison Square Park Conservancy raises the funds that support the horticulture, Park maintenance, Park security and a variety of free cultural programs for all ages. The Conservancy funds approximately 98% of the cost of Park maintenance and 100% of the cost of security and cultural programs. Approximately 60,000 pedestrians flow through Madison Square Park on a given weekday.our mission is to protect, nurture, and enhance Madison Square Park, a dynamic seven-acre public green space, creating an environment that fosters moments of inspiration. As stewards, we strive to engage the community through our beautiful gardens, inviting amenities, and world-class programming. We believe that in an urban setting everyone deserves access to a Park that allows for recreation, respite, and reflection.
Park capital improvements:madison Square Park started the campaign for Madison Square Park in 2017 and will support Park improvement and tree fund. Since its restoration 20 years ago, our jewel of a Park has become a welcome respite and vibrant inspiration for more than 3.5 million visitors each year - but its popularity also drains resources and strains infrastructure. Mounting operational challenges include garbage, recycling, and pest management. Unsightly deterioration of aging hardscape (pavers and curbstones), fencing, and monuments is the result of decades of wear and tear from footsteps and weather. Insufficient electrical supply creates logistical challenges and inconveniences forusers. The dog run is not equipped to handle the enthusiasm, waste, and variance in sizes of its canine fans. Finally, one-third of the Park's trees will reach the end of their natural lives within the next 20 years, making succession planning an urgent need.
Public art has the ability to enrich, to fascinate, and to astonish. Since 2004, the mad. Sq. Art program has been partnering with acclaimed, visionary artists to realize outdoor work on a monumentalscale, work that complements and enhances the environment. These projects are free to the public and have made Madison Square Park a world-renowned cultural destination. In 2022, the Conservancy featuredexhibitions by christina iglesias and hugh hayden with on-site and virtual programming.
Sustainability:setting new standards for sustainability is essential for our Park and our planet. We see the effects of climate change every day in our Park. We are committed to becoming leaders in sustainable practices. Our goal is to reduce carbon emissions, protect the Park's delicate ecosystem, and inspire innovation that extends beyond our borders.

Who funds Madison Square Park Conservancy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Ruth Stanton FoundationGeneral Fund$250,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$163,975
Credit Suisse Americas FoundationGeneral Operating$94,335
...and 52 more grants received totalling $1,395,342

Personnel at Madison Square Park Conservancy

NameTitleCompensation
Danny MeyerCEO, Union Square Hospitality Group$0
Leslie Spira LopezPresident and Chief Executive Officer, Kew Management Corp.$0
Michael L. KahnChairman and Chief Executive Officer$0
Ronald A. PizzutiChief Executive Officer and President, the Pizzuti Companies$0
Simon KimFounder and CEO, Gracious Hospitality Management
...and 29 more key personnel

Financials for Madison Square Park Conservancy

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,361,793
Program services$1,260,401
Investment income and dividends$273,024
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$24,868
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$85,233
Total revenues$5,005,319

Form 990s for Madison Square Park Conservancy

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-25990View PDF
2022-122023-11-14990View PDF
2021-122022-09-28990View PDF
2020-122021-08-23990View PDF
2019-122021-02-19990View PDF
...and 10 more Form 990s

Organizations like Madison Square Park Conservancy

OrganizationLocationRevenue
City Parks Foundation (CPF)New York, NY$23,557,745
Parks and Trails New YorkAlbany, NY$3,622,399
Brooklyn Bridge Park Conservancy (BBP)Brooklyn, NY$3,111,057
City Park ConservancyNew Orleans, LA$20,379,099
Civic Center ConservancyDenver, CO$1,347,244
Randall's Island Park AllianceNew York, NY$8,696,092
Piedmont Park ConservancyAtlanta, GA$4,034,221
Pease Park ConservancyAustin, TX$1,877,408
Bay Area Ridge Trail CouncilBerkeley, CA$1,395,464
Lakeshore Park ConservancyKnoxville, TN$13,454,519
Data update history
August 25, 2024
Received grants
Identified 11 new grant, including a grant for $250,000 from The Ruth Stanton Foundation
May 18, 2024
Received grants
Identified 5 new grant, including a grant for $29,400 from United Way Miami
January 27, 2024
Updated personnel
Identified 18 new personnel
January 24, 2024
Updated personnel
Identified 4 new personnel
January 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Parks and recreation centersMuseumsCharities
Issues
Human services
Characteristics
LobbyingFundraising eventsReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
11 Madison Ave 15fl
New York, NY 10010
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
madisonsquarepark.org/ 
Phone
(212) 520-7600
Facebook page
madisonsquarepark 
Twitter profile
@madsqparknyc 
IRS details
EIN
14-1859935
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N32: Parks and Playgrounds
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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