Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2003.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
65 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
35 people listed on the 990; $950K paid to officers and key staff.
Holly Leicht-Weinstein’s $220K as Executive Director is at the 88th percentile of top reported officer pay among 1851 $1–10M environment 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 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Margaret Keats Myer | — | — | $153,230 | $240,000 | $269,400 |
| Holly Leicht-Weinstein | $220,000 | $200,962 | $64,515 | — | — |
| Brooke Kamin Rapaport | $190,852 | $178,200 | $175,040 | $168,635 | $155,000 |
| Stephanie Lucas | $156,747 | $145,800 | $142,950 | $126,577 | $124,619 |
| Thomas Reidy | $147,865 | $137,604 | $132,874 | $128,915 | $122,116 |
| Nicole Rivers | — | $126,360 | $112,706 | $113,004 | — |
| Rosina Roa | $124,490 | $108,000 | $102,647 | — | — |
| Robin Lockwood | — | — | — | — | $115,543 |
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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Maintains historic Madison Square Park as a vibrant, beautiful, and active public space.
Questions for Madison Square Park Conservancy INC
Your first name shows with your question. Madison Square Park Conservancy INC answers here, for everyone.
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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.
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…
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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $434K | $120K |
| InvestmentsLn 11–13 | $13.6M | $15.7M |
| Land, buildings, equipmentLn 10c | $215K | $138K |
| Total assetsLn 16 | $15.2M | $16.2M |
| LiabilitiesLn 26 | $1.8M | $694K |
| Net assetsLn 32 | $13.4M | $15.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $220K | $154K | $14K | $52K |
| Other salaries and wagesLn 7 | $2.3M | $1.6M | $148K | $537K |
| Pension plan contributionsLn 8 | $41K | $41K | ||
| Other employee benefitsLn 9 | $483K | $280K | $140K | $63K |
| Payroll taxesLn 10 | $240K | $174K | $18K | $48K |
| Legal feesLn 11b | $4K | $4K | ||
| Accounting feesLn 11c | $59K | $59K | ||
| Investment management feesLn 11f | $73K | $73K | ||
| Other fees for servicesLn 11g | $798K | $501K | $46K | $252K |
| Office expensesLn 13 | $71K | $36K | $35K | |
| TravelLn 17 | $254K | $246K | $4K | $5K |
| InterestLn 20 | $3K | $3K | ||
| Depreciation, depletion and amortizationLn 22 | $90K | $90K | ||
| InsuranceLn 23 | $42K | $16K | $26K | |
| Other expenses (24a–d)Ln 24 | $2.5M | $1.6M | $852K | $43K |
| All other expensesLn 24e | $243K | $199K | $9K | $35K |
| Total functional expensesLn 25 | $7.4M | $4.8M | $1.6M | $1.0M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $8.7M | $7.4M | $1.4M | $15.5M | 990 PDF |
| FY2023 | $5.0M | $5.3M | −$320K | $13.4M | 990 PDF |
| FY2022 | $5.0M | $6.8M | −$1.8M | $12.8M | 990 PDF |
| FY2021 | $6.0M | $5.2M | $724K | $17.0M | 990 PDF |
| FY2020 | $6.3M | $4.4M | $1.9M | $16.0M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $8,726,796 revenue, 12 lines filed
Part VI · Governance 29 of 29 board members independent, 1 to look at
Part VIII · Statement of revenue $8,726,796 across 10 lines filed
Part IX · Statement of functional expenses $7,372,122 across 16 lines filed
Part X · Balance sheet $16,172,103 assets, 13 lines filed
Part XI · Reconciliation of net assets $15,478,326 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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