Prospect Park Alliance
Prospect Park Alliance reported $30.2 million in revenue and $18.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.54 went to program services, $10.29 to management and general costs and $8.17 to fundraising. Its largest source of revenue was contributions and grants: 66.3% of the total. The highest compensation it reported for one person was $306,552 (President). 10 people received more than $100,000 in reportable compensation. Revenue rose 174% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $18MFor context, the median across 237 covered recreation & sports charities: $88.05 programs, $10.89 management, $1.06 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $30M- Contributions & grants (non-government)$61.96 $19M
- Government grants$3.04 $935K
- Program service revenue$27.49 $8.5M
- Investment income$7.51 $2.3M
Other revenue was negative: −$581K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.3% | 10.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 8.2% | 1.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.07 | $0.05 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 66.3% | 25.2% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 3.1% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 28.0% | 61.0% |
| Highest reported compensation Part VII-A, columns D–F | $306,552 | $365,322 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.70% | 2.14% |
| People paid over $100,000 Part VII, line 2 | 10 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 36.8 | 14.9 |
| Independent voting board members Part VI 1a–1b | 35 of 35 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseVisitor Services and Events: Prospect Park receives more than 10 million visits each year and the Alliance serves visitors to the Park by offering a variety of fee-based recreational activities, public and private events, and food service operations. Recreational activities include a year-round tennis center and carousel rides in the summer. A variety of food and beverage services are available in the park, private events may be held at a number of different locations, and public events are coordinated throughout the year. The Alliance also sublicenses the LeFrak Center and works closely with…
Design and Construction: Prospect Park Alliance restores the landscapes and buildings within the Park while preserving the historic design. Projects go through a design and approval process, in partnership with the City of New York Department of Parks and Recreation, and are supervised during construction by Prospect Park Alliance. Projects designed by Prospect Park Alliance have won a number of prestigious awards
Field Operations: Prospect Park Alliance partners with the City of New York Department of Parks and Recreation (NYC Parks) in caring for the Park's natural environment. The Landscape Management Team monitors, restores and maintains 250 acres of natural areas, coordinating volunteers and the Alliance's Woodlands Youth Crew in this work. The Alliance also provides maintenance staff, supplementing the staff of NYC Parks in cleaning the Park as well as providing a crew to make repairs
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President Officer, 40 hrs/week | $306,077 | $0 | $475 | $306,552 |
| COO/CFO Key employee, 40 hrs/week | $272,979 | $0 | $5,480 | $278,459 |
| VP, Capital & Landscape Management Key employee, 40 hrs/week | $176,895 | $0 | $23,641 | $200,536 |
| VP, Development Key employee, 40 hrs/week | $159,092 | $0 | $27,177 | $186,269 |
| VP, Communications & External Relations Highest compensated employee, 40 hrs/week | $154,796 | $0 | $21,055 | $175,851 |
| VP, People & Culture Highest compensated employee, 40 hrs/week | $154,408 | $0 | $17,684 | $172,092 |
| VP, Public Programs Highest compensated employee, 40 hrs/week | $160,881 | $0 | $10,512 | $171,393 |
| VP, Visitor Experience & Business Development Highest compensated employee, 40 hrs/week | $135,733 | $0 | $23,590 | $159,323 |
10 people received more than $100,000 in reportable compensation from Prospect Park Alliance (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b35 · 35 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5212
- Volunteers Part I, line 62,767
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| The Farley Group Inc Equipment fabrication | $996,574 |
| J Pizzirusso Landscaping Corp Construction | $896,660 |
| Startec Mechanical LLC Facility maintenance | $319,698 |
Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.
Private foundation grants it received
78 private foundations reported grants to Prospect Park Alliance totaling $1.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Prospect Park Alliance's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Prospect Park Alliance, you can publish a response that is linked from this page.
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Of every $100 Prospect Park Alliance spent in FY2025, $81.54 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- East Side HouseBronx, NY · revenue $30M · programs 78.4% · FY2025
- Bryant Park CorporationNew York, NY · revenue $30M · programs 90.2% · FY2025
- Charlotte Sports FoundationCharlotte, NC · revenue $30M · programs 93.7% · FY2025
- Midland Athletic SyndicateMidland, TX · revenue $31M · programs 0.0% · 2024
- Florida State University Athletics AssociationTallahassee, FL · revenue $29M · programs 100.0% · FY2025
All recreation & sports charities · Largest charities in New York
Questions people ask
How much of Prospect Park Alliance's spending goes to programs?
In the fiscal year ending June 30, 2025, Prospect Park Alliance reported that 81.5% of its $18.1 million in expenses went to program services, 10.3% to management and general and 8.2% to fundraising (Form 990, Part IX).
How much does Prospect Park Alliance pay its top executive?
The largest total compensation Prospect Park Alliance reported for one person in the fiscal year ending June 30, 2025 was $306,552, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Prospect Park Alliance get its money?
Of $30.2 million in revenue in the fiscal year ending June 30, 2025, 66.3% came from contributions and grants (including 3.1% from government grants) and 28.0% from program service revenue (Form 990, Part VIII).
Is Prospect Park Alliance a registered charity?
The IRS lists EIN 11-2843763 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641339349300114 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521299349304212 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411139349300816 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321289349303687 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201329349306730 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141329349301714 · read the filing
All filings for EIN 11-2843763: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.