2011-10-25T11:17:41-05:00 2011-03-31 MARKS PANETH & SHRON LLP 622 THIRD AVENUE NEW YORK NY 10017 990 2010-04-01 133561657 CITY PARKS FOUNDATION CITY 2123601399 830 FIFTH AVENUE NEW YORK NY 100657001 ALISON TOCCI 2123601399 2011-10-25 1 2125038800 2010 2016-03-07 17:11:31Z ALISON TOCCI 830 FIFTH AVENUE NEW YORK NY 100657001 19616233 0 X WWW.CITYPARKSFOUNDATION.ORG X 1989 NY SEE SCHEDULE O FOR A DESCRIPTION OF THE ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES. 42 40 394 200 0 0 11317225 14000855 3330236 3664490 520710 512569 0 0 15168171 18177914 77120 58692 0 0 5802217 6017569 0 0 935558 5791728 5508657 11671065 11584918 3497106 6592996 27042030 34582928 1560285 1277768 25481745 33305160 X SEE SCHEDULE O FOR A DESCRIPTION OF THE ORGANIZATION'S MISSION. 0 0 4885876 3232610 ARTS & CULTURE: CPF PRESENTS OVER 1,200 PERFORMANCES A YEAR IN PARKS THROUGHOUT NEW YORK CITY, INCLUDING CONCERTS, PUPPET SHOWS, THEATER AND DANCE PERFORMANCES, READINGS AND PERFORMING ARTS PROGRAMS FOR CHILDREN MAKING IT ONE OF THE LARGEST ARTS ORGANIZATIONS IN NEW YORK CITY. 1792460 12852 SPORTS: CPF PROVIDES FREE SEQUENTIAL INSTRUCTION TO OVER 15,000 PEOPLE, PRIMARILY AGES FIVE TO SIXTEEN, IN PARKS EACH YEAR. CPF RUNS YOUTH PROGRAMS IN GOLF, TENNIS, TRACK AND FIELD AND A SENIOR CITIZENS FITNESS PROGRAM OFFERING TENNIS, YOGA AND FITNESS WALKING. CPF ALSO OPENED A COMPREHENSIVE JUNIOR GOLF CENTER IN 2008, THE FIRST FACILITY OF ITS KIND IN THE NATION. 1205480 14650 PARKS AND PLAYGROUND IMPROVEMENT: CPF IMPROVES THE APPEARANCE AND USE OF PARKS THROUGH DIRECT PHYSICAL ENHANCEMENTS, ENCOURAGEMENT OF NEIGHBORHOOD VOLUNTEERS AND INNOVATIONS IN NEW YORK CITY DEPARTMENT OF PARKS AND RECREATION OPERATIONS. 985148 82985 EDUCATION: CPF TRAINS TEACHERS AND PROVIDES DIRECT SERVICES TO OVER 5,000 STUDENTS IN PARKS, RECREATION CENTERS AND NEW YORK CITY PUBLIC SCHOOLS, BOTH DURING THE SCHOOL DAY AND IN OUT-OF-SCHOOL PROGRAMS. 58692 58692 320296 GRANTS TO OTHER GROUPS: CPF MAKES GRANTS TO OTHER NEW YORK CITY PARKS GROUPS AND TO THE NEW YORK CITY DEPARTMENT OF PARKS AND RECREATION TO SUPPORT PROGRAMMING AND OTHER INITIATIVES IN PARKS. 973524 1097 PARTNERSHIPS FOR PARKS: PARTNERSHIPS FOR PARKS, A JOINT PROGRAM WITH THE NEW YORK CITY DEPARTMENT OF PARKS AND RECREATION, PROMOTES COMMUNITY INVOLVEMENT IN PARKS BY BUILDING, LINKING AND STRENGTHENING A CITYWIDE CONSTITUENCY OF PARKS SUPPORTERS. 2017364 58692 404378 9901180 1 1 0 1 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 176 0 394 1 0 0 0 0 0 1 1 0 0 0 0 X 42 40 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X SIMON CHU 2123608147 830 FIFTH AVENUE NEW YORK NY 100657001 DAVID RIVEL 35.00 X X 218275 0 22543 ANDREW H TISCH 5.00 X X 0 0 0 JEAN TROUBH 5.00 X X 0 0 0 DAVID MOORE 5.00 X X 0 0 0 SUSAN K FREEDMAN 5.00 X X 0 0 0 DAVID B PINTER 5.00 X X 0 0 0 GAIL GORDON 5.00 X X 0 0 0 LARY S WOLF 5.00 X X 0 0 0 JAMES ABADIE 2.00 X 0 0 0 EDWARD I ADLER 2.00 X 0 0 0 RICK ARNSTEIN 2.00 X 0 0 0 DAVID BARSE 2.00 X 0 0 0 ADRIAN BENEPE 2.00 X 0 0 0 ROSCOE C BROWN JR 2.00 X 0 0 0 ELAINE CLARK 2.00 X 0 0 0 CLAIRE GOODMAN P CLOUD 2.00 X 0 0 0 AVERY CORMAN 2.00 X 0 0 0 ALEXANDER D DURST 2.00 X 0 0 0 DEBRA FIFE 2.00 X 0 0 0 JOAN GILLMAN 2.00 X 0 0 0 NATALIE GOMEZ-VELEZ 2.00 X 0 0 0 KAREN MCDONALD 2.00 X 0 0 0 ELISE MERHIGE-DEJOSEPH 2.00 X 0 0 0 JB MEYER 2.00 X 0 0 0 PETER NAGER 2.00 X 0 0 0 DWIGHT RAIFORD 2.00 X 0 0 0 BRUCE C RATNER 2.00 X 0 0 0 LINDA S RECUPERO 2.00 X 0 0 0 ADAM ROSEN 2.00 X 0 0 0 ROBERT SAVITT 2.00 X 0 0 0 PETER C SIMON 2.00 X 0 0 0 ALEXA SMITH 2.00 X 0 0 0 JOHN TROUBH 2.00 X 0 0 0 VIRGINIA WADE 2.00 X 0 0 0 PHILLIP M WATERMAN JR 2.00 X 0 0 0 HAROLD WEINBERGER 2.00 X 0 0 0 RICHARD WINDRAM 2.00 X 0 0 0 ELENI GIANOPULOS 2.00 X 0 0 0 ROSS GREENBURG 2.00 X 0 0 0 JENNIFER SYKES HARRIS 2.00 X 0 0 0 SEKOU KAALUND 2.00 X 0 0 0 BRETT YORMARK 2.00 X 0 0 0 CHRISTOPHER DAVIES 2.00 X 0 0 0 THOMAS A DUNNE 2.00 X 0 0 0 RONALD J STEIN 2.00 X 0 0 0 SIMON CHU 35.00 X 103420 0 19723 MICHAEL SILVERMAN 35.00 X 121951 0 20208 JAMES BURKE 35.00 X 120354 0 10889 564000 0 73363 4 0 1 0 GLOBE STAR MEDIA N ENTERTAINMENT 241 W 37TH STREET SUITE 1006 NEW YORK NY 10018 AUDIO EQUIP. RENTALS 436320 APPLE ENTERPRISES 13-08 43RD AVENUE LONG ISLAND CITY NY 11101 PRINTING 164527 UNIVERSAL STEEL FABRICATORS 90 JUNIUS STREET BROOKLYN NY 11212 TREE PLANTINGS 132999 COOPER ROBERTSON & PARTNERS 311 WEST 43RD STREET NEW YORK NY 10036 ARCHITECT 125762 4 1236256 3841736 8922863 5122 14000855 EARNED INCOME/EVENTS 711300 3664490 3664490 3664490 506600 506600 1053676 1047707 5969 5969 5969 390612 1236256 390612 0 18177914 3664490 0 512569 58692 58692 379987 98705 256605 24677 4590368 3772002 279065 539301 20594 18525 2069 703935 579720 34847 89368 322685 253123 30272 39290 11139 11139 37900 37900 22750 22750 1391373 1352433 6362 32578 581405 476362 8086 96957 60711 45206 9028 6477 102011 87925 11439 2647 21609 18425 50 3134 193331 165044 28287 72874 48854 24020 ARTIST FEES 1170360 1170360 EQUIPMENT 1170078 1170078 SUPPLIES 478676 478676 DUES & SUBSCRIPTIONS 159576 72186 11080 76310 AWARDS & RECOGNITION 34864 34864 11584918 9901180 748180 935558 1250 1250 6255666 9819405 1463485 3451105 278878 23171 2486241 714028 1813501 1772213 15444509 17475828 750000 1005215 1034741 1034741 27042030 34582928 674765 520568 885520 757200 1560285 1277768 X 10337236 12008650 15054109 21206110 90400 90400 25481745 33305160 27042030 34582928 X 6592996 1230419 X 0 1 1 X 0 X 8006563 8001445 10446599 11317225 14000855 51772687 1681556 2135012 2059244 2332113 2048046 10255971 9688119 10136457 12505843 13649338 16048901 62028658 62028658 834752 574830 506833 520028 506600 2943043 64971701 12903876 0.95470 0.94300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22750 22750 11562168 11584918 729246 182312 0 0 611559 657365 733553 729246 2731723 4097585 57226 29050 63765 22750 172791 152890 164341 183388 182312 682931 1024397 16123856 834499 1742601 788499 17912457 12565115 582500 3450838 474597 16123856 14437157 1418990 -2690000 601032 12565115 0.55000 0.01000 0.44000 0 0 2368038 629147 1738891 118203 84881 33322 1772213 18177914 11584918 6592996 1270220 -39801 1230419 7823415 21456379 1270220 2048046 -39801 3278465 18177914 0 18177914 13632964 2048046 2048046 11584918 0 11584918 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: CPF'S BOARD OF DIRECTORS HAS DESIGNATED A PORTION OF CPF'S UNRESTRICTED NET ASSETS AS A BOARD-DESIGNATED ENDOWMENT FUND, WHEREIN THE ASSETS WILL BE RETAINED FOR INVESTMENT. IT IS THE EXPECTATION OF CPF THAT THE BOARD-DESIGNATED ENDOWMENT FUND WILL CONTINUE TO GROW TO SECURE THE LONG-TERM STABILITY OF CPF. PERMANENTLY RESTRICTED NET ASSETS OF $90,400 ARE HELD FOR THE PERPETUAL CARE OF TWO MONUMENTS. THE TEMPORARILY RESTRICTED ENDOWMENT ASSETS REPRESENT THE ACCUMULATED INVESTMENT EARNINGS ON THE FISCAL SPONSOR AND OTHER TEMPORARILY RESTRICTED FUNDS THAT HAVE BEEN INVESTED BY CPF. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: CPF HAS NO UNCERTAIN TAX POSITIONS AS OF MARCH 31, 2011 AND 2010 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. CPF IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEAR ENDED MARCH 31, 2008 AND PRIOR YEARS. PART XI, LINE 8 - OTHER ADJUSTMENTS: FISCAL SPONSOR FUNDS TRANSFERRED -39,801. PART XII, LINE 2D - OTHER ADJUSTMENTS: FISCAL SPONSOR FUNDS TRANSFERRED -39,801. ANNUAL GALA 579150 487233 91917 91917 SUMMERSTAGE 326823 239561 87262 87262 5 720895 509462 211433 2430 209003 1626868 1236256 390612 2430 388182 390612 0 1 X PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: AS DETAILED IN A RECIPIENT'S AWARD LETTER, A DETAILED NARRATIVE REPORT AND FINANCIAL ACCOUNTING, WHICH INCLUDES RECEIPTS AND/OR CANCELLED CHECKS, IS EXPECTED WITHIN A YEAR OF THE AWARD. THE TECHNICAL ASSISTANCE COORDINATOR COLLECTS THE REPORTS AND EVALUATES THE INFORMATION TO ENSURE THE AWARDS WERE SPENT ACCORDING TO THE PROPOSED PURPOSES. X X X X 0 0 0 0 0 0 0 0 0 DAVID RIVEL 203275 0 0 0 15000 0 6277 0 16266 0 240818 0 57976 0 ELISE MERHIGE-DEJOSEPH SEE BELOW 67618 SEE BELOW 0 SCHEDULE L, PART IV: DESCRIPTION OF TRANSACTION: THE SPOUSE OF ELISE MERHIGE-DEJOSEPH, A BOARD MEMBER OF THE ORGANIZATION, IS THE OWNER OF A CORPORATION THAT PROVIDES PROFESSIONAL SERVICES TO THE ORGANIZATION. DURING THE YEAR ENDED MARCH 31, 2011, THE ORGANIZATION PAID $67,618 TO THIS CORPORATION FOR PROFESSIONAL SERVICES. FORM 990, PART VI, SECTION A, LINE 2 JOHN TROUBH IS THE STEP SON OF JEAN TROUBH. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING THE FORM 990, THE RETURN IS MADE AVAILABLE TO THE CPF BOARD OF TRUSTEES FOR THEIR REVIEW AND APPROVAL. ANY COMMENTS, CHANGES OR RECOMMENDATIONS BY INDIVIDUAL BOARD MEMBERS ARE EVALUATED BY THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE COMPLETED BY CPF BOARD MEMBERS ANNUALLY. IF A TRUSTEE ACKNOWLEDGES A CONFLICT OR POTENTIAL CONFLICT, THE EXECUTIVE COMMITTEE WILL REVIEW AND EVALUATE THE SITUATION AND ACT ACCORDINGLY. FORM 990, PART VI, SECTION B, LINE 15 CPF DETERMINES THE COMPENSATION OF ITS EXECUTIVE AND SENIOR OFFICERS BASED UPON COMPARISONS TO PUBLISHED RATES AT SIMILAR ORGANIZATIONS. KEY BOARD MEMBERS HELP DETERMINE AND APPROVE THE APPROPRIATE PAY LEVELS. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DOCUMENTS, SUCH AS THE ORGANIZATION'S FORM 990, ARE OPEN FOR PUBLIC INSPECTION. CERTAIN GOVERNING DOCUMENTS, THE CPF CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,270,220. FISCAL SPONSOR FUNDS TRANSFERRED -39,801. TOTAL TO FORM 990, PART XI, LINE 5: 1,230,419. DESCRIPTION OF THE ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES: FORM 990, PART I, LINE 1: CITY PARKS FOUNDATION ("CPF") IS THE ONLY INDEPENDENT, NONPROFIT ORGANIZATION TO OFFER PARK PROGRAMS THROUGHOUT THE FIVE BOROUGHS OF NEW YORK CITY. WE WORK IN OVER 750 PARKS CITYWIDE, PRESENTING A BROAD RANGE OF FREE ARTS, SPORTS, AND EDUCATION PROGRAMS, AND EMPOWERING CITIZENS TO SUPPORT THEIR PARKS ON A LOCAL LEVEL. OUR PROGRAMS AND COMMUNITY BUILDING INITIATIVES REACH MORE THAN 600,000 PEOPLE EACH YEAR, CONTRIBUTING TO THE REVITALIZATION OF NEIGHBORHOODS THROUGHOUT NEW YORK CITY. DESCRIPTION OF THE ORGANIZATION'S MISSION: FORM 990, PART III, LINE 1: CITY PARKS FOUNDATION SEEKS TO IMPROVE PARKS THROUGH INNOVATIVE PROGRAMMING, CONNECTING PEOPLE TO PARKS BY PRESENTING A BROAD RANGE OF FREE ARTS, SPORTS, AND EDUCATION PROGRAMS, AND EMPOWERING CITIZENS TO CREATE HEALTHY AND VIBRANT URBAN SPACES THAT CONTRIBUTE TO THE RENEWAL OF NEIGHBORHOODS THROUGHOUT NEW YORK CITY WITH A PARTICULAR FOCUS ON SOME OF THE CITY'S MOST UNDERSERVED AREAS. DESCRIPTION OF PROGRAM SERVICE REVENUES: FORM 990, PART VIII, LINE 2: CPF RECEIVES EARNED INCOME PRIMARILY FROM FOUR SOURCES: 1) BOX OFFICE REVENUES FROM MARIONETTE THEATER SHOWS IN THE SWEDISH COTTAGE AT CENTRAL PARK; 2) INCOME FROM CHILDREN'S BIRTHDAY PARTIES AND OTHER EVENTS IN THE SWEDISH COTTAGE; 3) CONCESSION REVENUE FROM THE SALES OF FOOD AND BEVERAGES AT SUMMERSTAGE; AND 4) INCOME FROM PRODUCING CONCERTS AND OTHER EVENTS FOR THIRD PARTIES AT THE SUMMERSTAGE SITE. SUCH REVENUES PROMOTE SPECIFIC EVENTS AND PROGRAMS SPONSORED BY CPF AND HELP TO FURTHER THE PURPOSE OF CPF. REVENUE FROM BENEFIT CONCERTS REPRESENTS COSTS OF EVENTS PAID TO CPF BY PROMOTERS OF EVENTS HELD AT THE SUMMERSTAGE SITE. SUMMERSTAGE IS AN ARTS PROGRAM OF CPF IN COOPERATION WITH THE NYC DEPARTMENT OF PARKS AND RECREATION.