Central Park Conservancy INC
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Reconstructs public spaces and manages significant revenue streams for community projects. For fiscal year 2025 it reported $172.9M in revenue, $166.1M in expenses, and $669.4M in net assets.Pt I
Summary of the Filing
Where the work happens
Design and construction in connection with the restoration of central park as america's foremost major urban public space. The conservancy has carried out a restoration management plan for the park, and managed the capital restoration of a number of significant landscapes and facilities.
As the official manager of central park, the conservancy is responsible for the day-to-day maintenance and operation of the park. Activities include: landscape maintenance, playground maintenance, tree care, turf care, and preservation of historic monuments. The conservancy has set new standards in excellence in park care.
The conservancy public programs take advantage of the invaluable resources in central park providing education, recreation, and volunteer programs that serve the community. In addition, the conservancy provides services at the following six visitor centers in the park: the davis center, charles a.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Ms Elizabeth W Smith’s $1.2M as Ex-Officio (president/Ceo) is at the 38th percentile of top reported officer pay among 21 $100M+ recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Ms Elizabeth W Smith | $1,211,800 | $885,583 | $1,138,875 | $703,227 | — | — |
| Mr Stephen Spinelli | $746,635 | $598,178 | $581,157 | $539,461 | — | — |
| Ms Elizabeth W Smith | — | — | — | — | $560,172 | $650,173 |
| Mr Christopher Nolan | — | — | $561,545 | $510,401 | — | — |
| Mr Roger Mosier | $544,054 | $474,701 | $422,230 | — | — | — |
| Mr Stephen Spinelli | — | — | — | — | $468,958 | $495,718 |
| Mr Christopher Nolan | — | — | — | — | $438,526 | $427,340 |
| Ms Andrea Buteau | — | $434,273 | $260,437 | $271,691 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 79% | — | — |
| Overhead ratio | 15% | — | — |
| Fundraising cost ratio | 8% | — | — |
| Revenue growth | -14% | — | — |
| Investment management fee ratio | 1% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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