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
76 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
40 people listed on the 990; $884K 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.
See Madison Square Park Conservancy INC executive salaries →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 15aYes
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.
Park
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.
Art Program
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 monumental scale, work that complements and enhances the environment.
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…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|
| End of yearLn 1g | $9.3M | $11.8M | $11.0M | $10.0M | $9.1M |
| Given inLn 1b | $100K | ||||
| SpentLn 1d–1f | $675K | $26K | $302K | $592K |
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $3.0M | $2.6M |
| InvestmentsLn 11–13 | $12.6M | $10.0M |
| Land, buildings, equipmentLn 10c | $242K | $214K |
| Total assetsLn 16 | $17.8M | $14.2M |
| LiabilitiesLn 26 | $725K | $1.3M |
| Net assetsLn 32 | $17.0M | $12.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $210K | $80K | $105K | $25K |
| Other salaries and wagesLn 7 | $2.0M | $1.3M | $312K | $371K |
| Pension plan contributionsLn 8 | $42K | $28K | $6K | $8K |
| Other employee benefitsLn 9 | $351K | $226K | $61K | $63K |
| Payroll taxesLn 10 | $197K | $126K | $36K | $35K |
| Legal feesLn 11b | $6K | $4K | $3K | |
| Accounting feesLn 11c | $34K | $34K | ||
| Investment management feesLn 11f | $59K | $59K | ||
| Other fees for servicesLn 11g | $2.8M | $2.7M | $116K | $300 |
| Office expensesLn 13 | $93K | $39K | $53K | $734 |
| TravelLn 17 | $65K | $54K | $2K | $9K |
| Depreciation, depletion and amortizationLn 22 | $83K | $55K | $13K | $15K |
| InsuranceLn 23 | $43K | $20K | $23K | |
| Other expenses (24a–d)Ln 24 | $629K | $425K | $82K | $123K |
| All other expensesLn 24e | $129K | $88K | $37K | $4K |
| Total functional expensesLn 25 | $6.8M | $5.2M | $944K | $654K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Sep 18, 2025 | $8.7M | $7.4M | $1.4M | $15.5M | 990 PDF |
| FY2023Filed with the IRS Sep 25, 2024 | $5.0M | $5.3M | −$320K | $13.4M | 990 PDF |
| FY2022 ViewingFiled with the IRS Nov 14, 2023 | $5.0M | $6.8M | −$1.8M | $12.8M | 990 PDF |
| FY2021Filed with the IRS Sep 28, 2022 | $6.0M | $5.2M | $724K | $17.0M | 990 PDF |
| FY2020Filed with the IRS Aug 23, 2021 | $6.3M | $4.4M | $1.9M | $16.0M | 990 PDF |
Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $4,955,961 revenue, 12 lines filed
Part VI · Governance 28 of 29 board members independent, no flags
Part VIII · Statement of revenue $4,955,961 across 11 lines filed
Part IX · Statement of functional expenses $6,771,201 across 15 lines filed
Part X · Balance sheet $14,189,903 assets, 18 lines filed
Part XI · Reconciliation of net assets $12,845,291 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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