Charity Impact Media

Home › Community improvement & capacity building

34th Street Partnership

New York, NY · EIN 13-3629973 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

34th Street Partnership reported $17.0 million in revenue and $16.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.28 went to program services, $10.72 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.7% of the total. The highest compensation it reported for one person was $1,094,316 (President). 7 people received more than $100,000 in reportable compensation. Revenue rose 20% 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 $17M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 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 $17M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 479 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
89.3%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
10.7%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.6%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%14.9%
Program service revenue share
Part VIII 2g ÷ 12
96.7%11.9%
Highest reported compensation
Part VII-A, columns D–F
$1,094,316$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
6.46%1.49%
People paid over $100,000
Part VII, line 2
75
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.99.2
Independent voting board members
Part VI 1a–1b
51 of 52100.0%

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 expense
$5.0M expenses · 33.1% of program spending

Sanitation and special maintenance: uniformed sweepers pick up litter, clean gutters, empty trash cans, remove graffiti and stickers, clean and service park restrooms, clear snow from cross walks, bus shelters and public spaces, and clean and paint streetscape elements throughout the district

$3.6M expenses · 23.6% of program spending

Security and taxi dispatch: uniformed security officers patrol the district to deter crime, protect property, assist visitors and residents, and report incidents to the NYPD. Taxi dipatchers monitor lines of waiting patrons and taxi cabs at three taxi stands adjacent to Penn and Moynihan Stations and Madison Square Garden

$2.5M expenses · 16.7% of program spending

Capital projects: streetscape improvements are designed, built and maintained in accordance with the urban design plan of the 34th Street district. Improvements include, but are not limited to signature granite sidewalk corners, distinctive light poles, illuminated street name signs, tree pits, framed traffic control and parking regulation signs, benches, bike racks, park concession and restroom buildings, custom street planters and trash cans. Capital project expenditures include interest and other charges related to the debt issued to finance improvements, as well as the depreciation of…

$4.0M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President
Director/trustee, officer, 25.00 hrs/week
$453,248$589,850$51,218$1,094,316
Controller & CFO
Officer, 25.00 hrs/week
$165,383$166,423$11,239$343,045
VP Retail Services
Key employee, 32.50 hrs/week
$181,549$99,399$19,193$300,141
VP Capital Projects
Key employee, 25.00 hrs/week
$130,083$133,134$7,145$270,362
VP Security
Key employee, 33.00 hrs/week
$148,094$76,291$6,732$231,117
VP Operations
Key employee, 20.00 hrs/week
$59,397$151,115$4,402$214,914
Director of Graphic Design
Highest compensated employee, 5.00 hrs/week
$15,848$144,167$30,040$190,055
Deputy Controller
Highest compensated employee, 25.00 hrs/week
$83,370$86,385$15,710$185,465

7 people received more than $100,000 in reportable compensation from 34th Street Partnership (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$17M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$17M$17M89.3%$6.9M$1,094,316
FY2024 ⓘ$15M$15M89.9%$6.8M$1,083,846
FY2023 ⓘ$15M$15M90.1%$7.6M$976,390
FY2022 ⓘ$16M$14M90.4%$7.5M$942,395
FY2021 ⓘ$14M$13M89.8%$5.7M$909,780
FY2020 ⓘ$14M$13M90.1%$4.0M$904,872

Governance 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–1b52 · 51 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • 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 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5219
  • Volunteers Part I, line 657

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
A Bulfamante Landscaping
Horticulture maint
$370,894
Skyline Maintenance and Landscaping
Streetscape maint
$258,941

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from 34th Street Partnership's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for 34th Street Partnership, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in New York

Questions people ask

How much of 34th Street Partnership's spending goes to programs?

In the fiscal year ending June 30, 2025, 34th Street Partnership reported that 89.3% of its $16.9 million in expenses went to program services, 10.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does 34th Street Partnership pay its top executive?

The largest total compensation 34th Street Partnership reported for one person in the fiscal year ending June 30, 2025 was $1,094,316, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does 34th Street Partnership get its money?

Of $17.0 million in revenue in the fiscal year ending June 30, 2025, 2.6% came from contributions and grants and 96.7% from program service revenue (Form 990, Part VIII).

Is 34th Street Partnership a registered charity?

The IRS lists EIN 13-3629973 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 202601329349302595 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501329349304025 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431239349302433 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331329349305178 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211329349306791 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349302993 · read the filing

All filings for EIN 13-3629973: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.