2011-02-14T12:34:09-06:00 2010-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2009-07-01 133022855 Central Park Conservancy Inc CENT 2123106600 14 East 60Th Street New York NY 10022 Stephen Spinelli 2123106600 2011-02-09 2009 2016-02-24 21:20:13Z Mr Douglas Blonsky 14 EAST 60TH STREET New York NY 10022 207686784 false X www.centralparknyc.org X 1979 NY To restore, manage, and enhance central park, in partnership with the public, for the enjoyment of present and future generations. 50 47 353 748 0 -250 22503933 32399034 9923474 8572622 -26333637 4565393 207878 -294974 6301648 45242075 0 76025 0 0 18700643 18336479 48000 117560 4486164 17473902 15093057 36222545 33623121 -29920897 11618954 179401012 192477875 5772694 5113425 173628318 187364450 To restore, manage, and enhance central park, in partnership with the public, for the enjoyment of present and future generations. false false 7110585 2393556 Design and construction: In connection with the restoration of central park to its original splendor as America's first and foremost major urban public space. The conservancy has carried out a restoration management plan for the park and managed the capital restoration of much of the park's landscapes and facilities. In the fiscal-year 2010, the projects of note included the restoration of the lake, and the landscapes from the metropolitan museum of art to the Harlem Meer. 14162166 6044699 As an official manager of central park, the conservancy is responsible for the day to day maintenance 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. It has transformed central park into a model for urban parks worldwide. Helping other parks is a natural extension of the conservancy's core mission. 2736999 76025 537222 The conservancy's public programs take advantage of the invaluable resources in central park each year providing education, recreation, and volunteer programs that serve children, teenagers, adults, families, community organizations, and schools. In addition, the conservancy provides visitor services at the five centers in the park: Charles A. Dana Discovery Center, North Meadow Recreation Center, Belvedere Castle, Dairy Visitor Center and gift shop, and chess and checkers house. 24009750 true true false false false false false false true true true false false false true false false true true false false true false true false false false false false false false true true false false false false false false false false true 95 0 true 353 true false true MP false false false true true false false false 50 47 true false false false false false false true true false false true true true true true true true true false AL AK AZ AR CA CO CT DC FL GA IL KS KY ME MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X STEPHEN SPINELLI 2123106600 14 EAST 60TH STREET New York NY 10022 MS JUDY HART ANGELO 1.0 X 0 0 0 MS ELIZABETH ATWOOD 1.0 X 0 0 0 Ms Jane Bayard 1.0 X X 0 0 0 Mr William s Beinecke 1.0 X 0 0 0 Mr Adrian Benepe 1.0 X 0 0 0 Ms Candice Bergen 1.0 X 0 0 0 Mr Lewis W Bernard 1.0 X 0 0 0 Mr Douglas Blonsky 35.0 X X 433940 0 31704 MR PETER BRIGER 1.0 X 0 0 0 Ms Estellita Brodsky 1.0 X 0 0 0 Ms Judy Carson 1.0 X 0 0 0 Mr Richard M Cashin 1.0 X 0 0 0 Mr Howard L Clark Jr 1.0 X 0 0 0 Ms Jean Clark 1.0 X 0 0 0 Ms Suzanne Cochran 1.0 X 0 0 0 MS JUDITH-ANN CORRENTE 1.0 X 0 0 0 Ms Norma T Dana 1.0 X 0 0 0 Mr Gordon J Davis Esq 1.0 X 0 0 0 MS DIANA DIMENNA 1.0 X 0 0 0 Mr James H Evans 1.0 X 0 0 0 Mr Richard Gilder 1.0 X 0 0 0 Mr Michael Grobstein 1.0 X X 0 0 0 Mr William B Harrison Jr 1.0 X 0 0 0 Mr Kenneth H Heitner Esq 1.0 X X 0 0 0 Ms Jane Heller 1.0 X 0 0 0 Mr Thomas L Kempner Jr 1.0 X X 0 0 0 MR JONATHAN KORNGOLD 1.0 X 0 0 0 Mr Henry Kravis 1.0 X 0 0 0 Ms Shiela Labrecque 1.0 X 0 0 0 MS JILL LAFER 1.0 X 0 0 0 Ms Evelyn H Lauder 1.0 X 0 0 0 Mr William M Lewis JR 1.0 X X 0 0 0 Ms Leni May 1.0 X 0 0 0 Mr Jay P Mandelbaum 1.0 X 0 0 0 Ms Lynden B Miller 1.0 X 0 0 0 Mr Ira M Millstein Esq 1.0 X 0 0 0 MS GILLIAN MINITER 1.0 X 0 0 0 Mr Blake Moore 1.0 X 0 0 0 Ms Marguerite H Purnell 1.0 X 0 0 0 Mr Joe L Roby 1.0 X 0 0 0 Ms Elizabeth Barlow Rogers 1.0 X 0 0 0 Mr E John Rosenwald Jr 1.0 X 0 0 0 MS JANET ROSS 1.0 X 0 0 0 Mr Eric C Rudin 1.0 X 0 0 0 Mr Irwin Schniederman 1.0 X 0 0 0 Ms Donna Schwartz 1.0 X 0 0 0 Ms Joan C Schwartz 1.0 X 0 0 0 Mr Norman C Selby 1.0 X 0 0 0 Mr A J C Smith 1.0 X 0 0 0 Mr Donald Smith 1.0 X 0 0 0 Mr Michael A Steinberg 1.0 X 0 0 0 Mr John Steinhardt 1.0 X 0 0 0 Ms Erana M Stennett 1.0 X 0 0 0 Mr John Stossel 1.0 X 0 0 0 Honorable Scott Stringer 1.0 X 0 0 0 Mr Stuart Subotnick 1.0 X 0 0 0 Ms Patsy Tarr 1.0 X 0 0 0 Ms Elizabeth R Varet 1.0 X 0 0 0 MS MARY WALLACH 1.0 X 0 0 0 MR STRAUSS ZELNICK 1.0 X 0 0 0 Mr Stephen Spinelli 35.0 X 247134 0 37593 Mr Neil Calvanese 35.0 X 193046 0 27177 Mr Christopher Nolan 35.0 X 223743 0 37626 Ms Terri Coppersmith 35.0 X 179109 0 29950 Ms Kathryn Ortiz 35.0 X 148610 0 28492 Mr William Berliner 35.0 X 158741 0 9150 Ms Laura W Hall 35.0 X 127527 0 11061 Ms Andrea E Hill 35.0 X 116738 0 8451 Ms Laura K Frank 35.0 X 124282 0 11222 MR RUSSELL FREDeRICKS 35.0 X 133481 0 11647 Ms Diane Schoenthal X 116732 0 26093 2203083 0 270166 24 true true false Sonic Construction PO Box 250 CROTON NY 10520 Construction 1938234 FGI Corporation 1901 amethyst street BRONX NY 10462 Construction 1137673 Lapoma Sitework and Structure 55 WEBSTER AVE SUITE 401 NEW ROCHELLE NY 10801 Construction 943608 Deborah Bradley Construction 481 manhattan ave NEW YORK NY 10027 construction 1299609 WELDING WORKS INC 32 NEW ROAD MADISON CT 06443 Construction 758080 32 5807677 318481 26272876 1144086 32399034 PROGRAM FEES 900099 31665 31665 TOURS 900099 969 969 GARDEN RENTAL FEES 900099 101733 101733 CONTRACT REVENUE 900099 6044699 6044699 PROJECT REVENUE 900099 2393556 2393556 8572622 1730002 1730002 0 0 164008000 161172609 2835391 2835391 2835391 284800 5807677 1000858 -716058 -716058 0 674097 271242 402855 402855 DAMAGES REIMBURSEMENT-FILM SHOOT 900099 15300 15300 MAIL LIST RENTAL 900099 2929 2929 18229 45242075 8873744 3969297 76025 76025 0 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179401012 192477875 X false true true X false X 38192612 29635172 34792767 22505933 32399034 157525518 457389 463721 470369 477350 484681 2353510 38650001 30098893 35263136 22983283 32883715 159879028 2221330 157657698 2116346 3140569 3153543 2577535 1730002 12717995 272378 272373 512202 119546 18229 1194728 173791751 0.90716 0.88970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 124941867 4276230 5332423 3986481 130564039 160556743 3127250 -34479756 4262370 124941867 0.24000 0.59000 0.17000 false false 429198 410188 19010 2831828 2414878 416950 477803 435065 42738 478698 0 DEFERRED GIFT ANNUITY LIABILITY 506891 DEFERRED COMPENSATION PLAN 457(B) 363490 870381 45242075 33623121 11618954 2207552 -90374 2117178 13736132 47655938 2207552 1280195 -90353 3397394 44258544 1254773 -271242 983531 45242075 33919785 1280195 271242 1551437 32368348 1254773 1254773 33623121 FIN 48 Form 990, Schedule D, Part X In fiscal 20I0, the Conservancy adopted ASC No. 2009-06, Implementation Guidance on Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic Entities (ASU 2009-06), in conjunction with its adoption of Financial Accounting Standards Board (FASB) Interpretation No. 48, Accounting for Uncertainty in Income Taxes (now included in Accounting Standards Codification (ASC) Subtopic 740-10, Income Taxes - Overall). Beginning with the adoption of ASU 2009-06 and FASB Interpretation No. 48, the Conservancy recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Prior to the adoption of FASB Interpretation No. 48, the Conservancy recognized the effect of income tax positions only if such positions were probable of being sustained. There was no impact to the Conservancy's financial statements as a result of the adoption of FASB Interpretation No. 48 or ASU 2009-06. Income generated from activities unrelated to the Conservancy's exempt purpose is subject to tax. The Conservancy did not have any material unrelated business income tax liability for the years ending June 30, 2010 and 2009. Endowments Form 990, Schedule D, Part V The conservancy endowment funds are available to support the following purposes: Horticulture, Maintenance, Preservation, Visitor Services and Public Programs, and General Programs of the Conservancy. OTHER REVENUE (LOSS) FORM 990, SCHEDULE D, PART XI, LINE 8 AND PART XII, LINE 2D CHANGE IN SPLIT INTEREST $(90,353) ROUNDING (21) --------- $(90,374) ========= Other Expenses FORM 990, SCHEDULE D, PART XII, LINE 4b and PART XIII, LINE 2d Cost of goods sold included in expenses for financial statement reporting that have been included in revenue for Form 990, Part VIII, Line 10b: $271,242 ======== South Asia Investments 0 0 India Infrastructure Opportunites Fund Form 990, Schedule F, Part I, Line 3 The Conservancy maintains an investment in a foreign partnership which invests in infrastructure development in India. X X X X X X true Lukens Company Prof Fundraiser false 2716754 66000 2668754 Laura Fredricks LLC FUNDRAISING COUNSEL false 0 51560 0 2716754 117560 2668754 AL AK AZ AR CA CO CT DC FL GA IL KS KY ME MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI FLO Luncheon 2455009 2287009 168000 284572 Annivsry Gala 1790857 1746057 44800 224079 5 1846611 1774611 72000 492207 6092477 5807677 284800 1000858 1000858 -716058 true Achilles International 42 West 38th Street 400 New York NY 10018 133318293 501(c)(3) 10000 Program support Black Rock Forest Consortium 19 West 44th Street New York NY 10036 133536463 501(c)(3) 13500 Program Support City Parks Alliance 111 16th Street NW Washington DC 20036 800015566 501(c)(3) 10000 Program Support National Association for Olmsted Parks 84 Parkside Ave Buffalo NY 14214 133052765 501(c)(3) 7500 Program Support New Yorkers for Parks 355 Lexington Ave New York NY 10017 136167879 501(c)(3) 10350 Program Support Public Health Solutions 220 Church Street New York NY 10013 135669201 501(c)(3) 20000 Program Support 15 USE OF GRANT FUNDS FORM 990, SCHEDULE I, PART I, LINE 2 The Conservancy provides assistance to a small number of reputable organizations. In all instances, the Conservancy partners with these organizations and directly observes the application and use of the funds. X X X X X true false false false false false false false false Mr Douglas Blonsky 433940 0 0 0 0 0 29700 0 2004 0 465644 0 0 0 Mr Stephen Spinelli 247134 0 0 0 0 0 29700 0 7893 0 284727 0 0 0 Mr Neil Calvanese 193046 0 0 0 0 0 26550 0 627 0 220223 0 0 0 Mr Christopher Nolan 223743 0 0 0 0 0 28789 0 8837 0 261369 0 0 0 Ms Terri Coppersmith 179109 0 0 0 0 0 25920 0 4030 0 209059 0 0 0 Ms Diane Schoenthal 116732 0 0 0 0 0 22062 0 4031 0 142825 0 0 0 Ms Kathryn Ortiz 148610 0 0 0 0 0 24161 0 4331 0 177102 0 0 0 Mr William Berliner 158741 0 0 0 0 0 8523 0 627 0 167891 0 0 0 Form 990, Schedule J, Part I, Line 4a Severance Payment The following individual recieved a severance payment from the conservancy: Ms. Diane Schoenthal $142,825 Jay Mandelbaum Trustee 20132 Account Management Fees false Marvin Schwartz Spouse-D Schwartz Trustee 226111 Investment Management Fees false X 41 1144086 FMV 0 false true false Review of FORM 990 Form 990, Part VI, Line 11A Central park conservancy's form was prepared by the independent tax preparer based on information provided by the organization's finance and management personnel. THE FORM 990 WAS REVIEWED BY THE ORGANIZATION'S MANAGEMENT PRIOR TO FILING THE RETURN WITH THE IRS. ON FEBRUARY 8, 2011, CENTRAL PARK CONSERVANCY'S TREASURER AND CHAIRMAN MET WITH MANAGEMENT AND EISNERAMPER LLP TO REVIEW THE FORM 990. ON FEBRUARY 9, 2011, THE 990 WAS PROVIDED TO THE BOARD FOR INSPECTION. Conflict of Interest Policy Form 990, Part IV, Line 12C The Central Park Conservancy ratifies the conflict of interest policy annually. Each trustee, officer, and key employee is required to sign a copy of the policy and provide a certified acknowledgement that they have read and disclosed any conflicts. Copies of these signed policies along with trustee disclosures are kept on file at the central park conservancy's headquarters. Compensation Form 990, Part VI, Line 15 The compensation and management development committee which is comprised of independent members of the governing board engaged independent expert compensation consultants to evaluate executive compensation levels and establish peer group based benchmarks related to the organization's mission. Trustees routinely evaluate management performance and compensation to ensure that the compensation process is appropriate and designed to attract and retain the best talent in the industry. The committee documents compensation determinations in the committee minutes. Governing Documents Form 990, Part VI, Line 19 The by-laws, annual reports, audited financial statements, IRS Form 990 documents, conflict of interest policy and privacy policy of the central park conservancy are all available online at www.centralparknyc.org. Extension of Time to File An extension of time to file the form 990 has been paper filed. BOARD RELATIONSHIPS FORM 990, PARTVI, LINE 2 A relationship questionnaire is distributed to the Conservancy's Board of Trustees on an annual basis. The following trustees disclosed inter-board relationships during fiscal-year 2010: 1. Ms. Jane Heller business relationship with Ms. Judy Angelo, Ms. Leni May, and Mr. Peter Brigger 2. Mr. Howard L. Clark Jr. Family relationship with Ms. Jean Clark 3. Mr. John Steinhardt business relationship with Mr. Thomas Kempner