2012-03-01T08:34:38-05:00 2011-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2010-07-01 133022855 Central Park Conservancy Inc CENT 2123106600 14 East 60Th Street New York NY 10022 Stephen Spinelli 2123106631 2012-02-01 JULIE FLOCH 2129498700 2010 2016-02-24 21:20:13Z Mr Douglas Blonsky 14 EAST 60TH STREET New York NY 10022 352793690 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. 51 48 367 978 0 -250 32399034 33376498 8572622 7383271 4565393 16033534 -294974 30171 45242075 56823474 76025 468697 0 0 18336479 20926639 117560 152525 4720882 15093057 17201881 33623121 38749742 11618954 18073732 192477875 220518799 5113425 5686990 187364450 214831809 TO RESTORE, MANAGE, AND ENHANCE CENTRAL PARK, IN PARTNERSHIP WITH THE PUBLIC, FOR THE ENJOYMENT OF PRESENT AND FUTURE GENERATIONS. false false 8856836 400000 3116839 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 2011, the projects of note included the restoration of the lake, and the landscapes from the metropolitan museum of art to the Harlem Meer. 15329112 4147829 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. 4069802 68697 667949 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 six centers in the park: Charles A. Dana Discovery Center, North Meadow Recreation Center, Belvedere Castle, Dairy Visitor Center and gift shop, Tavern Visitor Center and Gift Shop, and chess and checkers house. 28255750 true true false false false false false false true true 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 false true 106 0 true 367 true false true MP false false false true true false false false false X 51 48 true false true 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 MD 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 X 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 Mrs 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 461758 0 31704 Mr Peter Briger 1.0 X 0 0 0 Mrs Estellita Brodsky 1.0 X 0 0 0 Mrs 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 Mrs 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 0 0 0 Mr Jonathan Korngold 1.0 X 0 0 0 Mrs Jane Heller 1.0 X 0 0 0 Mr Thomas L Kempner Jr 1.0 X X 0 0 0 Mr Henry Kravis 1.0 X 0 0 0 Mrs Sheila 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 0 0 0 Mr Jay P Mandelbaum 1.0 X 0 0 0 Mrs Leni May 1.0 X 0 0 0 Mrs 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 Mrs Marguerite H Purnell 1.0 X 0 0 0 Mr Joe L Roby 1.0 X 0 0 0 Mrs 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 Schneiderman 1.0 X 0 0 0 Mrs Donna Schwartz 1.0 X 0 0 0 Mrs Joan C Schwartz 1.0 X 0 0 0 Mr Norman C Selby 1.0 X 0 0 0 Mr AJC Smith 1.0 X 0 0 0 Mr Donald Smith 1.0 X 0 0 0 Mr Micheal 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 Mrs 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 MS JUDY HART ANGELO 1.0 X 0 0 0 MS ANNE HARRISON 1.0 X 0 0 0 Mr Robert Lieber 1.0 X 0 0 0 Mr Stephen Spinelli 35.0 X 263488 0 39818 Mr Neil Calvanese 35.0 X 210325 0 28378 Mr Christopher Nolan 35.0 X 242699 0 40742 Ms Terri Coppersmith 35.0 X 198155 0 30038 Ms Kathryn Ortiz 35.0 X 160476 0 27858 Mr WILLIAM BERLINER 35.0 X 164623 0 10562 Ms LAURA W HALL 35.0 X 146330 0 10562 Mr RUSSELL FREDERICKS 35.0 X 143266 0 12809 Ms LAURA K FRANK 35.0 X 126843 0 12104 Mr LANE N ADDONIZIO 35.0 X 122670 0 11708 2240633 0 256283 24 false true false Lapoma Sitework and Structure 55 WEBSTER AVE SUITE 401 NEW ROCHELLE NY 10801 Construction 1745516 WILLAIM GROSS CONSTRUCTION ASSOCIAT 117 SOUTH 4TH STREET NEW HYDE PARK NY 11040 CONSTRUCTION 1361236 Sonic Construction PO Box 250 CROTON NY 10520 Construction 442177 Home and Garden Kraft 93 Crabapple Hill Road MILFORD NJ 08848 Construction 563366 MSM EMPIRE CONSTRUCTION CORP 128 ROSELLE STREET MINEOLA NY 11501 CONSTRUCTION 898634 35 4129675 30905 29215918 1700789 33376498 PROGRAM FEES 900099 13131 13131 TOURS 900099 14576 14576 GARDEN RENTAL FEES 900099 90896 90896 CONTRACT REVENUE 900099 4147829 4147829 PROJECT REVENUE 900099 3116839 3116839 7383271 1171252 1171252 0 0 309631000 294768718 14862282 14862282 14862282 256250 4129675 867341 -611091 -611091 0 886003 334157 551846 551846 DAMAGES REIMBURSEMENT-FILM SHOOT 900099 86178 86178 MAIL LIST RENTAL 900099 33 33 MISCELLANEOUS 900099 3205 3205 89416 56823474 7844221 15602755 468697 468697 0 0 0 1562021 740213 620577 201231 0 14767177 11431947 1491332 1843898 1022840 739815 162600 120425 2441471 1798763 373367 269341 1133130 878847 133319 120964 0 0 105790 105790 0 152525 152525 1111043 1111043 1954595 1051200 468571 434824 551118 4404 516146 30568 375123 105182 41626 228315 0 0 1115132 355865 373734 385533 10562 5076 2586 2900 0 74241 45865 16312 12064 0 0 285244 213361 28672 43211 325786 227915 42271 55600 CONSTRUCTION AND DESIGN 5858899 5858899 MAILINGS 449394 23325 426069 LANDSCAPE 1296261 1296261 PRINTING AND PUBLICATIONS 380422 159096 57020 164306 FIELD SUPPLIES 1781180 1730773 4277 46130 1527091 1143571 200542 182978 38749742 28255750 5773110 4720882 3372077 6301254 46324765 48829324 12700919 9246808 6752965 6646191 95057 172603 471508 435176 5419035 3545375 478698 1873660 117150415 141982278 4062000 3504243 1069471 1527262 192477875 220518799 4243044 4333523 870381 1353467 5113425 5686990 X 71641115 69174037 38884022 64491101 76839313 81166671 187364450 214831809 192477875 220518799 X 18073732 9393627 X false true true X false X 29635172 34792767 22505933 32399034 33376498 152709404 463721 470369 477350 484681 492377 2388498 30098893 35263136 22983283 32883715 33868875 155097902 2307198 152790704 3140569 3153543 2577535 1730002 1171252 11772901 272373 512202 119546 18229 89416 1011766 167882569 44282534 0.91011 0.90716 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125201313 2215000 24248000 4969000 146695313 119488788 4276230 5422776 3986481 125201313 155049950 3127250 -34426042 4262370 119488788 0.14000 0.55000 0.31000 false false 1191294 418798 772496 3514060 2671429 842631 713681 455148 258533 1873660 0 DEFERRED GIFT ANNUITY LIABILIT 645293 DEFERRED COMPENSATION PLAN 457 545154 DEFERRED COMPENSATION 163020 1353467 56823474 38749742 18073732 9380126 13501 9393627 27467359 67177146 9380126 1736931 13501 11130558 56046588 1111043 -334157 776886 56823474 39709787 1736931 1736931 37972856 1111043 -334157 776886 38749742 FIN 48 Form 990, Schedule D, Part X THE CONSERVANCY FOLLOWS ASU 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). 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 LIABILITY FOR THE YEARS ENDING JUNE 30, 2011 AND 2010. 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 $13,501. 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: $334,157. South Asia Investments 0 0 0 false false false false true false 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 2800 SHIRLINGTON ROAD ARLINGTON VA 22206 Prof Fundraiser false 2978100 66000 2912100 Laura Fredricks LLC 130 BARROW STREET NEW YORK NY 10015 FUNDRAISING ADVISOR false 86525 2978100 152525 2912100 AL AK AZ AR CA CO CT DC FL GA IL KS KY ME MD 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 2925787 2758987 166800 324068 TASTE OF SUMMER 644376 589576 54800 164471 6 815762 781112 34650 378802 4385925 4129675 256250 867341 867341 -611091 true Black Rock Forest Consortium 129 CONTINENTAL ROAD CORNWALL NY 12518 133536463 501(c)(3) 13500 Program Support CENTRAL PARK MEDICAL UNIT PO BOX 440 NEW YORK NY 10028 112516283 501(c)(3) 30000 PROGRAM SUPPORT RED CROSS NY 520 WEST 49TH STREET NEW YORK NY 10019 530196605 501(c)(3) 10000 PROGRAM SUPPORT NYC DEPARTMENT OF PARKS & RECREATION 830 FIFTH AVENUE NEW YORK NY 10021 133561657 400000 Program support 19 0 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. $400,000 was received by Central Park Conservancy for management of a project outside of Central Park. Subsequently, at the direction of the donor, this amount was transferred to the NYC Department of Parks & Recreation for the execution of the work. X X X X X false false false false false false false false false Mr Douglas Blonsky 461758 0 0 0 0 0 29700 0 2004 0 493462 0 0 0 Mr Stephen Spinelli 263488 0 0 0 0 0 29700 0 10118 0 303306 0 0 0 Mr Neil Calvanese 210325 0 0 0 0 0 27751 0 627 0 238703 0 0 0 Mr Christopher Nolan 242699 0 0 0 0 0 29700 0 11042 0 283441 0 0 0 Ms Terri Coppersmith 198155 0 0 0 0 0 27074 0 2964 0 228193 0 0 0 Ms Kathryn Ortiz 160476 0 0 0 0 0 24894 0 2964 0 188334 0 0 0 Mr WILLIAM BERLINER 164623 0 0 0 0 0 9935 0 627 0 175185 0 0 0 Ms LAURA W HALL 146330 0 0 0 0 0 9935 0 627 0 156892 0 0 0 Mr RUSSELL FREDERICKS 143266 0 0 0 0 0 8683 0 4126 0 156075 0 0 0 Jay Mandelbaum Trustee 20430 Account Management Fees false Marvin Schwartz Spouse-D Schwartz Trustee 341103 Investment Management Fees false X 60 1700789 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 JANUARY 31, 2012, CENTRAL PARK CONSERVANCY'S CHAIRMAN, TREASURER, CHAIRMAN OF THE AUDIT COMMITTEE, CHAIRMAN OF THE FINANCE COMMITTEE AND GENERAL COUNSEL MET WITH MANAGEMENT AND EISNERAMPER LLP TO REVIEW THE FORM 990. SUBSEQUENTLY, THE 990 WAS PROVIDED TO THE BOARD FOR INSPECTION. Conflict of Interest Policy Form 990, Part VI, 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 2011: 1. Ms. Jane Heller business relationship with Ms. Judy Angelo Hart, Ms. Leni May, and Mr. Peter Briger 2. Mr. Howard L. Clark Jr. Family relationship with Ms. Jean Clark 3. Mr. John Steinhardt business relationship with Mr. Thomas Kempner 4. Mr. Jay P. Mandelbaum business relationship with Mr. Richard Cashin 5. Mrs. Donna Schwartz family relationship with one of the Conservancy's portfolio managers, Mr. Marvin Schwartz. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 5 OTHER CHANGES IN NET ASSETS: UNREALIZED GAINS $9,380,126 Change in split interest 13,501 ------------ $ 9,393,627 ============ Amendment to bylaws Form 990, Part VI, Line 4 In December 2009, the Central Park Conservancy amended its By-Laws as they relate to quorum and voting requirements for Board Committees. The amended By-Laws provide that (a) a quorum at a Committee Meeting shall consist of 1/3 of the Committee Members, but not less than 3 Members present, and (b) action by a Board Committee shall be by majority vote.