2026-03-16T08:24:18-05:00 2025-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2024-07-01 133022855 CENTRAL PARK CONSERVANCY INC CENT 2123106600 717 FIFTH AVENUE 5TH FL NEW YORK NY 10022 STEPHEN SPINELLI CFO 2123106600 2025-03-12 1 0 WILLIAM EPSTEIN P01307171 2129498700 2024 2025-03-06 01:10:19Z STEPHEN SPINELLI 717 FIFTH AVENUE 5TH FL NEW YORK NY 10022 422985957 0 X WWW.CENTRALPARKNYC.ORG X 1980 NY SEE SCHEDULE O. 55 54 509 1967 -552629 0 130842211 110572914 41719308 29033633 26211149 34439262 1419722 -1122668 200192390 172923141 233536 246990 0 0 50294698 54993700 327540 252585 9363431 99472828 110581200 150328602 166074475 49863788 6848666 677422729 727092630 55355428 57724532 622067301 669368098 X SEE SCHEDULE O. 0 0 80067265 15781 12851775 DESIGN AND CONSTRUCTION IN CONNECTION WITH THE RESTORATION OF CENTRAL PARK AS AMERICA'S FOREMOST MAJOR URBAN PUBLIC SPACE. THE CONSERVANCY HAS CARRIED OUT A RESTORATION MANAGEMENT PLAN FOR THE PARK, AND MANAGED THE CAPITAL RESTORATION OF A NUMBER OF SIGNIFICANT LANDSCAPES AND FACILITIES. 44094572 145375 16000000 AS THE OFFICIAL MANAGER OF CENTRAL PARK, THE CONSERVANCY IS RESPONSIBLE FOR THE DAY-TO-DAY MAINTENANCE AND 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. 7754530 85834 181858 THE CONSERVANCY PUBLIC PROGRAMS TAKE ADVANTAGE OF THE INVALUABLE RESOURCES IN CENTRAL PARK PROVIDING EDUCATION, RECREATION, AND VOLUNTEER PROGRAMS THAT SERVE THE COMMUNITY. IN ADDITION, THE CONSERVANCY PROVIDES SERVICES AT THE FOLLOWING SIX VISITOR CENTERS IN THE PARK: THE DAVIS CENTER, CHARLES A. DANA DISCOVERY CENTER, NORTH MEADOW RECREATION CENTER, BELVEDERE CASTLE, DAIRY VISITOR CENTER AND GIFT SHOP, AND CHESS AND CHECKERS HOUSE. 131916367 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 183 0 509 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 55 54 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DC DE FL GA HI IA ID IL IN KY LA MA MD ME MI MN MS MO MT NH NJ NM NY NC ND NE NV OH OK OR PA SC SD TX UT VT VA WA WV WY X X STEPHEN SPINELLI CFO 2123106600 717 FIFTH AVENUE 5TH FL NEW YORK NY 10022 MS ELIZABETH W SMITH EX-OFFICIO (PRESIDENT/CEO) 35.00 X X 1211800 0 74550 MS JUDY HART ANGELO GENERAL TRUSTEE 1.00 X 0 0 0 MR JEFF T BLAU GENERAL TRUSTEE 1.00 X 0 0 0 MR FRANK CARONE APPOINTED TRUSTEE (MAYORAL) 1.00 X 0 0 0 MRS JUDITH M CARSON GENERAL TRUSTEE 1.00 X 0 0 0 MR RICHARD CASHIN GENERAL TRUSTEE 1.00 X 0 0 0 MR MARTIN COHEN GENERAL TRUSTEE 1.00 X 0 0 0 MS PAMELA CRAIG GENERAL TRUSTEE 1.00 X 0 0 0 MR ANDREW DAVIS VICE CHAIR & GENERAL TRUSTEE 1.00 X X 0 0 0 DR GAYATRI DEVI GENERAL TRUSTEE 1.00 X 0 0 0 DR ANGELA DIAZ APPOINTED TRUSTEE (BOARD) 1.00 X 0 0 0 MS SUSAN M DONOGHUE EX-OFF.(NYC PARKS) THROUGH 5/31/25 1.00 X 0 0 0 DR THELMA DYE APPOINTED TRUSTEE (BOARD) 1.00 X 0 0 0 MR JOHN EHRENKRANZ GENERAL TRUSTEE 1.00 X 0 0 0 MR BEN ELLENCWEIG GENERAL TRUSTEE 1.00 X 0 0 0 MR GLENN FUHRMAN GENERAL TRUSTEE 1.00 X 0 0 0 MR PAUL GOLDBERGER GENERAL TRUSTEE 1.00 X 0 0 0 MR NICHOLAS A GRAVANTE JR APPOINTED TRUSTEE (MAYORAL) 1.00 X 0 0 0 MR MICHAEL GROBSTEIN TREASURER & GENERAL TRUSTE 1.00 X X 0 0 0 MRS ANNE S HARRISON GENERAL TRUSTEE 1.00 X 0 0 0 MR KENNETH H HEITNER ESQ SECRETARY AND GENERAL COUNSEL 1.00 X X 0 0 0 MS JANE HELLER GENERAL TRUSTEE 1.00 X 0 0 0 MS DAMARIS HERNANDEZ APPOINTED TRUSTEE (MAYORAL) 1.00 X 0 0 0 MS TRACEY HUFF EX-OFFICIO (PRESIDENT OF WOMENS COMM.) 1.00 X 0 0 0 MS AMABEL JAMES GENERAL TRUSTEE 1.00 X 0 0 0 DR SANDYE JOHNSON APPOINTED TRUSTEE (BOARD) 1.00 X 0 0 0 MR THOMAS L KEMPNER JR BOARD CHAIR & GENERAL TRUSTEE 1.00 X X 0 0 0 MR JONATHAN KORNGOLD GENERAL TRUSTEE 1.00 X 0 0 0 MS JILL LAFER GENERAL TRUSTEE 1.00 X 0 0 0 MS SHELLY LAZARUS GENERAL TRUSTEE 1.00 X 0 0 0 HON MARK LEVINE EX-OFFICIO (MAN. BOR. PRES) 1.00 X 0 0 0 MRS CAROL SUTTON LEWIS GENERAL TRUSTEE 1.00 X 0 0 0 MR ROBERT C LIEBER APPOINTED TRUSTEE (MAYORAL) 1.00 X 0 0 0 MR JAY P MANDELBAUM GENERAL TRUSTEE 1.00 X 0 0 0 MS NELLE P MILLER GENERAL TRUSTEE 1.00 X 0 0 0 MRS GILLIAN MINITER GENERAL TRUSTEE 1.00 X 0 0 0 MR CLARENCE NESBITT GENERAL TRUSTEE 1.00 X 0 0 0 DR AMELIA OGUNLESI GENERAL TRUSTEE 1.00 X 0 0 0 MS ILA PALIWAL GENERAL TRUSTEE 1.00 X 0 0 0 MS YESIM PHILIP GENERAL TRUSTEE 1.00 X 0 0 0 MS JENNY PRICE GENERAL TRUSTEE 1.00 X 0 0 0 MS IRIS RODRIGUEZ-ROSA EX-OFF.(P & REC COMM) AS OF 6/1/25 1.00 X 0 0 0 MRS SIGRID SCHAFER GENERAL TRUSTEE 1.00 X 0 0 0 MR RICHARD G SCHNEIDMAN GENERAL TRUSTEE 1.00 X 0 0 0 MS LAUREEN E SEEGER GENERAL TRUSTEE 1.00 X 0 0 0 MR NORMAN C SELBY GENERAL TRUSTEE 1.00 X 0 0 0 MR ALFRED J SHUMAN GENERAL TRUSTEE 1.00 X 0 0 0 MR JOHN STEINHARDT GENERAL TRUSTEE 1.00 X 0 0 0 MS ERANA M STENNETT GENERAL TRUSTEE 1.00 X 0 0 0 MR JOHN STOSSEL GENERAL TRUSTEE 1.00 X 0 0 0 MR HARRY D TAYLOR GENERAL TRUSTEE 1.00 X 0 0 0 MS JUDITH VALE GENERAL TRUSTEE 1.00 X 0 0 0 MS ANNE WILLIAMS-ISOM GENERAL TRUSTEE 1.00 X 0 0 0 MS TOYA WILLIFORD GENERAL TRUSTEE 1.00 X 0 0 0 MR BARRY WOLF GENERAL TRUSTEE 1.00 X 0 0 0 MS NANAR YOSELOFF GENERAL TRUSTEE 1.00 X 0 0 0 MR STEPHEN SPINELLI CHIEF FINANCIAL OFFICER 35.00 X 746635 0 76015 MR CHRISTOPHER ATKINSON VICE PRESIDENT OF FINANCE 35.00 X 317825 0 74297 MS MARY CARACCIOLI CHIEF COMM. & ENG THROUGH 7/5/24 35.00 X 379432 0 58000 MR ROGER MOSIER CHIEF OF PARK OPERATIONS 35.00 X 544054 0 72369 MS ABIGAIL HEALY SENIOR VP FOR PHILANTHROPY 35.00 X 337405 0 64331 MS SUZANNE PENNASILICO VICE PRESIDENT FOR PEOPLE & CULTURE 35.00 X 343414 0 63458 MS SANDRA HUBER SENIOR VP FOR CAPITAL PROJECT 35.00 X 356100 0 53759 MS MARGARET ASARO VP FOR PARK MAINT & FACILITIES 35.00 X 295859 0 52424 MR JOSHUA EHRLICH VP FOR INFORMATION TECHNOLOGY 35.00 X 287309 0 72231 MR DAVID SALTONSTALL VP FOR GOVT RELATIONS, POL. & COMM A 35.00 X 301194 0 40405 MS SYLVIA TSEN VP FOR BUSINESS SOLUTIONS 35.00 X 263923 0 52969 MS LEAH CATHERINE DAY CHIEF OF STAFF & VP OF STR. INIT. 35.00 X 325770 0 74597 5710720 0 829405 128 0 1 0 E W HOWELL CO LLC 245 NEWTON ROAD SUITE 600 PLAINVIEW NY 11803 CONSTRUCTION 31169520 C&L CONTRACTING CORP 1981 MARCUS AVENUE SUITE E106 LAKE SUCCESS NY 11042 CONSTRUCTION 9488169 TAIT TOWERS MANUFACTURING LLC 401 W LINCOLN AVENUE LITITZ PA 17543 CONSTRUCTION 7423160 FGI CORPORATION 1901 AMETHYST STREET BRONX NY 10462 CONSTRUCTION 6396906 ALPINE CONSTRUCTION & LANDSCAPING CORP 25 NEWTON PLACE HAUPPAUGE NY 11788 CONSTRUCTION 6028812 107 6869080 103703834 3630518 110572914 CONTRACT REVENUE 713990 16000000 16000000 PROJECT REVENUE 713990 12851775 12851775 PROGRAM FEES 713990 181858 181858 29033633 13332877 13332877 73340 73340 268125389 247019004 21106385 21106385 21106385 448550 6869080 2304032 -1855482 -1855482 1776005 739780 1036225 1036225 DAMAGE REIMBURSEMENT 713990 150087 150087 OTHER 713990 25791 25791 K-1 PASS-THROUGH LOSS 525990 -552629 -552629 -376751 172923141 29033633 -552629 33869223 246990 246990 3960833 880535 2752979 327319 38306336 27931633 6318296 4056407 2889681 1762361 836367 290953 6603412 5139653 884384 579375 3233438 2204131 693952 335355 34387 34387 130000 130000 239143 239143 252585 252585 8403665 8403665 13950363 9691150 2011458 2247755 595505 70119 395850 129536 802489 695468 107021 3010837 2366367 401267 243203 124584 66366 17535 40683 470974 154606 296420 19948 2655713 2156058 403648 96007 1113541 840764 197377 75400 CONSTRUCTION & DESIGN 64390293 64390293 FIELD SUPPLIES 8874090 8081551 447434 345105 LANDSCAPE 3283541 3283541 FACILITY MAINTENANCE 927196 872014 33832 21350 1574879 1082767 189662 302450 166074475 131916367 24794677 9363431 23116682 23789465 79309264 44354482 86895179 84329963 17670982 17245441 279678 110904 1724853 1556024 26853926 5993116 10245168 20860810 159107388 158821315 273855588 350543828 25217947 25480398 677422729 727092630 20478588 20906909 1244083 2968511 33632757 33849112 55355428 57724532 X 170010124 202829020 452057177 466539078 622067301 669368098 677422729 727092630 X 6848666 40470881 -18750 X 0 1 X 1 0 X 134489583 120014289 84508659 130842211 110572914 580427656 124031 124031 134613614 120014289 84508659 130842211 110572914 580551687 115754221 464797466 7482716 2358240 13745360 16058772 13248516 52893604 848221 481915 -258728 1166645 -394928 1843125 20248 1255896 714811 889615 175878 3056448 638344864 145126375 0.72810 0.67750 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: DAMAGE REIMBURSEMENT - 2020 AMOUNT: $ 20,248. 2021 AMOUNT: $ 686,520. 2022 AMOUNT: $ 179,583. 2023 AMOUNT: $ 656,725. 2024 AMOUNT: $ 150,087. OTHER REVENUE - 2021 AMOUNT: $ 569,376. 2022 AMOUNT: $ 535,228. 2023 AMOUNT: $ 232,890. 2024 AMOUNT: $ 25,791. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 0 1 239143 239143 0 387188000 33836000 60793000 13018000 468799000 326433000 26730000 45775000 11750000 387188000 301467000 3318000 32768000 11120000 326433000 300693000 33535000 -22471000 10290000 301467000 224229313 22513000 63539000 9588000 300693313 0.27460 0.42310 0.30230 0 0 5438645 1330313 4108332 21415281 4662803 16752478 20860810 LIMITED PARTNERSHIPS 350543828 F 350543828 DEFERRED GIFT ANNUITY LIABILITY 733341 DEFERRED COMPENSATION PLAN 457B 4616584 ACCRUED WAGES 1308633 OPERATING LEASE LIABILITY 27190554 33849112 X 206563110 40470881 851723 -18750 41303854 165259256 8403665 -739780 7663885 172923141 159262313 851723 851723 158410590 8403665 -739780 7663885 166074475 PART V, LINE 4: THE CONSERVANCY'S ENDOWMENT CONSISTS OF 100 INDIVIDUAL FUNDS ESTABLISHED FOR THE FOLLOWING PURPOSES: HORTICULTURE, MAINTENANCE, PRESERVATION, VISITOR SERVICES AND PUBLIC PROGRAMS, EDUCATION, AND GENERAL PROGRAMS OF THE CONSERVANCY, AS WELL AS BOARD DESIGNATED ENDOWMENT. PART X, LINE 2: THE CONSERVANCY FOLLOWS THE PROVISIONS OF ASC TOPIC 740, IMPLEMENTATION GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND DISCLOSURE AMENDMENTS FOR NONPUBLIC ENTITIES (ASC TOPIC 740), IN CONJUNCTION WITH ITS ADOPTION OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (FASB) INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (NOW INCLUDED IN ACCOUNTING STANDARDS CODIFICATION (ASC) SUBTOPIC 740-10, INCOME TAXES - OVERALL). THE CONSERVANCY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. 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 LIABILITIES FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -18,750. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED IN EXPENSES FOR FINANCIAL STATEMENT REPORTING THAT HAVE BEEN INCLUDED IN REVENUE FOR FORM 990, PART VIII, LINE 10B: -739,780. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED IN EXPENSES FOR FINANCIAL STATEMENT REPORTING THAT HAVE BEEN INCLUDED IN REVENUE FOR FORM 990, PART VIII, LINE 10B: -739,780. EUROPE 0 0 INVESTMENTS 81566381 CENTRAL AMERICA / CARIBBEAN 0 0 INVESTMENTS 83996079 NORTH AMERICA 0 0 INVESTMENTS 2589678 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 21143725 0 0 0 0 0 0 189295863 0 189295863 1 0 0 0 1 0 PART I, LINE 3: AMOUNTS REPORTED ON THE ACCRUAL METHOD OF ACCOUNTING. FOREIGN INVESTMENTS: THE CONSERVANCY MAINTAINS INVESTMENTS IN FOREIGN PARTNERSHIPS SUCH AS EUROPE, CENTRAL AMERICA/CARIBBEAN, NORTH AMERICA, AND SUB-SAHARAN AFRICA. ALL RELATED FILINGS FOR THESE INVESTMENTS ARE COMPLETED AND FILED ON A TIMELY BASIS. X X X X X X 1 THE HARRINGTON AGENCY 329 DICKINSON AVENUE SWARTHMORE PA 19081 PROF FUNDRAISER 0 8133598 252585 7881013 8133598 252585 7881013 AL AK AZ AR CA CO CT DC DE FL GA HI IA ID IL IN KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA SC SD TX UT VA VT WA WV WY FLO LUNCHEON 4368826 4089826 279000 910702 FALL GALA 434558 391058 43500 104928 2 2514246 2388196 126050 1288402 7317630 6869080 448550 2304032 2304032 -1855482 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE HARRINGTON AGENCY IS A DIGITAL AGENCY THAT PROVIDES CONSULTING SERVICES TO THE CONSERVANCY WITH RESPECT TO ITS MEMBERSHIP PROGRAMS. PROFESSIONAL FUNDRAISERS FEES ARE BASED ON SPECIFIC SCOPES OF WORK AND ARE NOT CONTINGENT ON FUNDRAISING RESULTS. 1 NYC DEPARTMENT OF PARKS & RECREATION 830 5TH AVENUE NEW YORK NY 10065 136400434 LOCAL GOVERNMENT 91638 0 PROGRAM SUPPORT THE PUBLIC THEATER 425 LAFAYETTE STREET NEW YORK NY 10003 131844852 501(C)(3) 49570 0 PROGRAM SUPPORT CENTRAL PARK MEDICAL UNIT INC PO BOX 440 NEW YORK NY 10028 112516283 501(C)(3) 25000 0 PROGRAM SUPPORT CITY PARKS ALLIANCE INC 1777 CHURCH STREET NW WASHINGTON DC 20036 800015566 501(C)(3) 25000 0 PROGRAM SUPPORT NEW YORKERS FOR PARKS 55 BROAD STREET 23RD FLOOR NEW YORK NY 10004 136167879 501(C)(3) 20000 0 PROGRAM SUPPORT NEW YORK CHAPTER AMERICAN SOCIETY OF LANDSCAPE ARCHITECTS 450 LEXINGTON AVENUE WEWORK 4TH FLOOR NEW YORK NY 10017 136154205 501(C)(3) 10600 0 PROGRAM SUPPORT THE CORBIN HILL FOOD PROJECT 475 RIVERSIDE DRIVE SUITE 243 NEW YORK NY 10115 461206478 501(C)(3) 9000 0 PROGRAM SUPPORT HISTORIC HOUSE TRUST OF NEW YORK CITY 1200 18TH STREET NW SUITE 700 WASHINGTON DC 20036 133052765 501(C)(3) 5181 0 PROGRAM SUPPORT 8 PART I, LINE 2: THE CONSERVANCY PROVIDES ASSISTANCE TO A SMALL NUMBER OF MISSION-RELATED ORGANIZATIONS IT PARTNERS WITH. THE GRANTS ARE DETERMINED AND ADMINISTERED IN CONFORMANCE WITH OUR COLLABORATIVE NON-PROFIT SUPPORT POLICY. PART II, LINE 1: THE CONSERVANCY MADE GRANTS TO THE CITY OF NEW YORK TO PROVIDE FUNDING FOR SALARIES AND BENEFITS FOR THE CITY TO HIRE ADDITIONAL PARK ENFORCEMENT OFFICERS TO BE DEPLOYED IN CENTRAL PARK. X X X X X 0 1 0 0 0 0 0 1 0 MS ELIZABETH W SMITH EX-OFFICIO (PRESIDENT/CEO) 709694 0 322108 0 179998 0 54542 0 20008 0 1286350 0 0 0 MR STEPHEN SPINELLI CHIEF FINANCIAL OFFICER 484182 0 153288 0 109165 0 46290 0 29725 0 822650 0 0 0 MR ROGER MOSIER CHIEF OF PARK OPERATIONS 424324 0 80145 0 39585 0 42847 0 29522 0 616423 0 0 0 MS MARY CARACCIOLI CHIEF COMM. & ENG THROUGH 7/5/24 244061 0 88717 0 46654 0 40002 0 17998 0 437432 0 0 0 MS SANDRA HUBER SENIOR VP FOR CAPITAL PROJECT 312840 0 43260 0 0 0 41449 0 12310 0 409859 0 0 0 MS SUZANNE PENNASILICO VICE PRESIDENT FOR PEOPLE & CULTURE 314239 0 29175 0 0 0 41861 0 21597 0 406872 0 0 0 MS ABIGAIL HEALY SENIOR VP FOR PHILANTHROPY 308230 0 29175 0 0 0 42734 0 21597 0 401736 0 0 0 MS LEAH CATHERINE DAY CHIEF OF STAFF & VP OF STR. INIT. 283359 0 42411 0 0 0 42195 0 32402 0 400367 0 0 0 MR CHRISTOPHER ATKINSON VICE PRESIDENT OF FINANCE 289500 0 28325 0 0 0 42312 0 31985 0 392122 0 0 0 MR JOSHUA EHRLICH VP FOR INFORMATION TECHNOLOGY 262723 0 24586 0 0 0 39829 0 32402 0 359540 0 0 0 MS MARGARET ASARO VP FOR PARK MAINT & FACILITIES 270928 0 24931 0 0 0 40058 0 12366 0 348283 0 0 0 MR DAVID SALTONSTALL VP FOR GOVT RELATIONS, POL. & COMM A 276263 0 24931 0 0 0 40058 0 347 0 341599 0 0 0 MS SYLVIA TSEN VP FOR BUSINESS SOLUTIONS 241923 0 22000 0 0 0 38083 0 14886 0 316892 0 0 0 PART I, LINE 3 THE COMPENSATION AND MANAGEMENT DEVELOPMENT GROUP OF THE EXECUTIVE 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. PART I, LINE 4B THERE IS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR CERTAIN EXECUTIVES OF THE CONSERVANCY. CONTRIBUTIONS TO THE PLAN MADE BY THE CONSERVANCY DURING CALENDAR YEAR 2024 TOTALED $493,500. SCHEDULE J, PART I, QUESTION 7 LONG-TERM COMPENSATION PROGRAM: THE CONSERVANCY RECOGNIZES THE INVALUABLE CONTRIBUTION OF ITS CURRENT SENIOR MANAGEMENT TEAM TO ITS ACHIEVEMENTS THUS FAR. IN ORDER TO ENSURE THE RETENTION OF THIS TALENTED TEAM AND TO FOSTER THE ATTRACTION AND DEVELOPMENT OF FUTURE LEADERS, THE ORGANIZATION HAS IMPLEMENTED A COMPREHENSIVE COMPENSATION PROGRAM. THIS PROGRAM IS DESIGNED TO: (I) ALIGN REMUNERATION WITH PERFORMANCE METRICS TIED TO THE CONSERVANCY'S STRATEGIC PLAN AND OVERARCHING OBJECTIVES. (II) OFFER A COMPETITIVE COMPENSATION PACKAGE, COMPRISING BASE PAY, BONUSES, AND MULTI-YEAR LONG-TERM INCENTIVES, COMMENSURATE WITH ORGANIZATIONS OF SIMILAR PROFILE. AS SUCH, THE CONSERVANCY'S COMPENSATION FRAMEWORK IS STRUCTURED TO (I) DRIVE AND INCENTIVIZE PRESENT HIGH-PERFORMANCE STANDARDS, (II) ACKNOWLEDGE AND REWARD THE EXPERTISE AND TENURE OF OUR TEAM MEMBERS, AND (III) PROVIDE MULTI-YEAR LONG-TERM INCENTIVES AIMED AT RETAINING KEY MANAGEMENT PERSONNEL. THE MULTI-YEAR LONG-TERM INCENTIVES ARE REFLECTED UNDER "OTHER REPORTABLE COMPENSATION" ON SCHEDULE J, PART II. X 57 3630518 COMPARABLE SALES 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS ARE BASED ON THE NUMBER OF DONORS. FORM 990, PART I, LINE 1 AND PART III, LINE 1 ORGANIZATION'S MISSION: THE CENTRAL PARK CONSERVANCY OVERSEES ALL ASPECTS OF THE CARE, MAINTENANCE AND RESTORATION OF NEW YORK'S MOST ICONIC PUBLIC SPACE, CENTRAL PARK. THIS WORK ALLOWS THE PARK'S 843-ACRES TO SERVE AS A SOURCE OF RESPITE AND RELAXATION, IMPACTING THE PHYSICAL AND MENTAL WELL-BEING OF CITY RESIDENTS, AND MORE THAN 40-MILLION PEOPLE WHO VISIT THE PARK EACH YEAR. THE MISSION OF THE CENTRAL PARK CONSERVANCY IS TO PRESERVE AND CELEBRATE CENTRAL PARK AS A SANCTUARY FROM THE PACE AND PRESSURE OF CITY LIFE, ENHANCING THE ENJOYMENT AND WELLBEING OF ALL. OUR GUIDING PRINCIPLE IS THAT CENTRAL PARK IS A MASTERPIECE OF LANDSCAPE ARCHITECTURE CREATED TO PROVIDE A PROFOUNDLY DEMOCRATIC SPACE AND GREEN RESPITE FOR THE CITY AND ALL ITS PEOPLE AND TO ESTABLISH NEW YORK AS ONE OF THE GREAT CITIES OF THE WORLD. THE CONSERVANCY HONORS ITS COMMITMENT TO THIS ICONIC PUBLIC SPACE BY APPLYING ITS DEEP EXPERTISE IN URBAN PARK MANAGEMENT; BY PARTNERING WITH THE COMMUNITY AND THE CITY OF NEW YORK; AND BY MARSHALLING ALL OF THE RESOURCES NECESSARY FOR THE PARK'S LONG-TERM CARE. THE CONSERVANCY'S WORK IS FOUNDED ON THE BELIEF THAT CITIZEN LEADERSHIP AND PRIVATE PHILANTHROPY ARE KEY TO ENSURING THAT THE PARK AND ITS ESSENTIAL PURPOSE ENDURE. FORM 990, PART VI, SECTION A, LINE 2 BOARD RELATIONSHIPS: 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 2025: 1. MR. JEFF BLAU HAS A BUSINESS RELATIONSHIP WITH DR. ANGELA DIAZ, JONATHAN KORNGOLD, ROBERT C. LIEBER, NELLE MILLER, HENRY R. KRAVIS, E. JOHN ROSENWALD, JR. AND ERIC RUDIN. MR. JEFF BLAU'S FIRM IS A MEMBER OF WOLLMAN PARK PARTNERS, LLC, A JOINT VENTURE ENTITY WHICH WAS AWARDED A CONTRACT BY THE NEW YORK CITY PARKS DEPARTMENT TO MAINTAIN AND OPERATE THE WOLLMAN RINK. 2. MS. JANE HELLER HAS A BUSINESS RELATIONSHIP WITH JUDY HART ANGELO AND LENI MAY. 3. MS. NANAR YOSELOFF'S HUSBAND, ANTHONY YOSELOFF, HAS A BUSINESS RELATIONSHIP WITH THOMAS L. KEMPNER, JR. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990: THE CENTRAL PARK CONSERVANCY'S FORM 990 WAS PREPARED BY THEIR 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 ________, 2026, THE CENTRAL PARK CONSERVANCY'S BOARD CHAIR, TREASURER, CHAIR OF THE AUDIT COMMITTEE, CHAIR OF THE FINANCE COMMITTEE, AND GENERAL COUNSEL MET WITH MANAGEMENT AND INDEPENDENT TAX PREPARER TO REVIEW THE FORM 990 AND ON ___________, 2026 THE 990 WAS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT-OF-INTEREST, RELATED PARTY TRANSACTION AND ETHICS POLICY: 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. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION: THE COMPENSATION AND MANAGEMENT DEVELOPMENT GROUP OF THE EXECUTIVE 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 ANY COMPENSATION DETERMINATIONS IN THE COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS: THE BYLAWS, 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. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -18,750.