The conservancy's mission is to raise funds to restore, preserve, and maintain the historic structure and to install artworks and other items to illustrate the rich history of new york city for the visiting public and students and also provide educational services, including publications and tours.

501(c)(3) charity; gifts are tax-deductible.
53¢ of each $1 spent went to programs.
$186K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $164K a year · 82% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
53%
of spending
Worth a look: 53% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$186K
to officers and key staff · 53% of spending
Concern: pay to officers and key staff is 53% of spending; over 30%.
Pt VII · Sec A
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$260K
+225% vs prior year
Spent
$351K
To programs
53%
Net assets
$0
By yearFY2021–FY2025
Revenue
$260K
FY2024▲ +225%
Tap a bar for its year
Revenue by fiscal year
FY2021$160K
FY2022$58K
FY2023$80K
FY2024$260K
FY2025$445K
Expenses
$351K
FY2024▲ +40%
Tap a bar for its year
Expenses by fiscal year
FY2021$484K
FY2022$324K
FY2023$251K
FY2024$351K
FY2025$414K
Net assets
$0
FY2024▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2021$961K
FY2022$634K
FY2023$463K
FY2024$0
FY2025$465K

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1982.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

53 cents of each dollar spent went to programs.

Program services 53% · $185K Management & general 22% · $77K Fundraising 25% · $88K

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

5 people listed on the 990; $186K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$186,154Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Rhonda Binda’s $200K as Executive Director is at the 100th percentile of top reported officer pay among 2216 $100K–1M arts & culture 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Rhonda Binda$200,000$186,154$90,000——
Paul Gunther———$142,308$150,000

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 Gracie Mansion Conservancy executive salaries →

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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 15aYes

Programs and updates

Restores and preserves historic sites, installing art and offering educational programs to share city history.

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Provided by the organization

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1 program · $185K · in their own filed words · FY2023
01

Restoration & Preservation

This program involves the restoration and preservation of gracie mansion, a historic public landmark. The historic house, built in 1799, is the offical residence of the mayor of the city of new york, and has significant historic value.

$185Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$1K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$260K
Ln 12
Gifts and grantsLn 1h$211K
Fees for servicesLn 2g$45K
Investment incomeLn 3$5K
Money outPt IX
$351K
Ln 25
Programscol B$185K
Managementcol C$77K
Fundraisingcol D$88K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$211K
Fundraising eventsLn 1c$197K
Fees for servicesLn 2g$45K
Investment incomeLn 3$5K
Total revenueLn 12$260K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Total assetsLn 16$485K$0
LiabilitiesLn 26$23K$0
Net assetsLn 32$463K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$200K$120K$40K$40K
Payroll taxesLn 10$14K$8K$3K$3K
Accounting feesLn 11c$34K$10K$25K$0
Office expensesLn 13$2K$1K$528$361
InsuranceLn 23$23K$14K$9K$0
Other expenses (24a–d)Ln 24$32K$32K$0$0
All other expensesLn 24e$46K$0$272$45K
Total functional expensesLn 25$351K$185K$77K$88K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $445K$414K$31K$465K 990 PDF
FY2024 Viewing $260K$351K−$90K$0 990 PDF
FY2023 $80K$251K−$171K$463K 990 PDF
FY2022 $58K$324K−$266K$634K 990 PDF
FY2021 $160K$484K−$325K$961K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $260,443 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $16,031$210,506
I-9 Program service revenuePrior year $23,673$45,068
I-10 Investment incomePrior year $40,432$4,869
I-11 Other revenue$0
I-12 Total revenuePrior year $80,136$260,443
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $156,346$213,789
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $94,963$136,789
I-18 Total expensesPrior year $251,309$350,578
I-19 Revenue less expensesPrior year −$171,173−$90,135
Part VI · Governance 4 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $260,443 across 6 lines filed
VIII-1c Fundraising events$196,922
VIII-1f All other contributions, gifts and grants$13,584
VIII-1h Total contributions, gifts and grants$210,506
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$45,068
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $4,869$4,869
VIII-12 Total revenueRelated to mission $45,068 · Unrelated business $0 · Excluded from tax $4,869$260,443
Part IX · Statement of functional expenses $350,578 across 7 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $120,000 · Management $40,000 · Fundraising $40,000$200,000
IX-10 Payroll taxesPrograms $8,273 · Management $2,758 · Fundraising $2,758$13,789
IX-11c Accounting feesPrograms $9,730 · Management $24,595 · Fundraising $0$34,325
IX-13 Office expensesPrograms $1,333 · Management $528 · Fundraising $361$2,222
IX-23 InsurancePrograms $13,976 · Management $8,936 · Fundraising $0$22,912
IX-24 Other expenses (24a–d)Programs $31,800 · Management $0 · Fundraising $0$31,800
IX-24e All other expensesPrograms $0 · Management $272 · Fundraising $45,258$45,530
IX-25 Total functional expensesPrograms $185,112 · Management $77,089 · Fundraising $88,377$350,578
Part X · Balance sheet $0 assets, 4 lines filed
X-16 Total assetsStart of year $485,152$0
X-26 Total liabilitiesStart of year $22,521$0
X-32 Total net assets or fund balancesStart of year $462,631$0
X-33 Total liabilities and net assetsStart of year $485,152$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$260,443
XI-2 Total expenses$350,578
XI-3 Revenue less expenses−$90,135
XI-4 Net assets at start of year$462,631
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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