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Lincoln Center Development Project

New York, NY · EIN 13-4172481 · 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

Lincoln Center Development Project reported $16.2 million in revenue and $16.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $70.72 went to program services, $29.28 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: 66.1% of the total. The highest compensation it reported for one person was $904,620 (EXECUTIVE DIRECTOR). 3 people received more than $100,000 in reportable compensation. Revenue fell 33% 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 $16M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 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 $16M

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

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
70.7%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
29.3%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
33.9%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.7%
Program service revenue share
Part VIII 2g ÷ 12
66.1%20.8%
Highest reported compensation
Part VII-A, columns D–F
$904,620$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
5.57%2.03%
People paid over $100,000
Part VII, line 2
38
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.036.6
Independent voting board members
Part VI 1a–1b
4 of 4100.0%

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
$11M expenses · 100.0% of program spending · revenue $11M

Lincoln Center Development Project, inc.'s (lcdp) goal is to implement and oversee for charitable purposes the planned redevelopment and transformation of the Lincoln Center campus

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
EXECUTIVE DIRECTOR
Officer, 4.00 hrs/week
$0$853,302$51,318$904,620
EVP, GEN. COUNSEL & CORP SEC.
Officer, 1.00 hrs/week
$0$688,950$60,318$749,268
EVP, CHIEF COMM. & MARKETING OFFICER
Officer, 7.00 hrs/week
$0$687,910$41,337$729,247
PROJECT EXECUTIVE THRU 6/28/24
Highest compensated employee, 35.00 hrs/week
$311,115$0$10,351$321,466
FORMER EXECUTIVE DIRECTOR
Former, 0.00 hrs/week
$0$226,282−$1,684$224,598
DIRECTOR, PLAN & URBAN DESIGN
Highest compensated employee, 35.00 hrs/week
$157,209$0$36,956$194,165
SR. PM DES. & CONST. THRU 11/15/24
Highest compensated employee, 35.00 hrs/week
$140,941$0$19,128$160,069

3 people received more than $100,000 in reportable compensation from Lincoln Center Development Project (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$16M$16M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$16M$16M70.7%$0$904,620
FY2024 ⓘ$10M$10M67.0%$74,999$817,276
FY2023 ⓘ$105M$105M97.4%$79,543$755,565
FY2022 ⓘ$278M$278M99.1%−$5,234$735,362
FY2021 ⓘ$128M$128M97.8%−$115K$818,736
FY2020 ⓘ$24M$24M93.1%$294K$1,189,747

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–1b4 · 4 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 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 50
  • Volunteers Part I, line 64

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
WEISSMANFREDI ARCHITECTS LLP
Project consulting
$3,805,546
GFP REAL ESTATE LLC
Project manager
$1,311,948
HEBERT GROUP LLC
Project consulting
$287,144
BROOKLYN DIGITAL FOUNDRY LLC
Project consulting
$277,545
JOHN B MADDEN ATTORNEY PC
Legal fees
$148,672

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Correct a figure or respond

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

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Questions people ask

How much of Lincoln Center Development Project's spending goes to programs?

In the fiscal year ending June 30, 2025, Lincoln Center Development Project reported that 70.7% of its $16.2 million in expenses went to program services, 29.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Lincoln Center Development Project pay its top executive?

The largest total compensation Lincoln Center Development Project reported for one person in the fiscal year ending June 30, 2025 was $904,620, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Lincoln Center Development Project get its money?

Of $16.2 million in revenue in the fiscal year ending June 30, 2025, 33.9% came from contributions and grants and 66.1% from program service revenue (Form 990, Part VIII).

Is Lincoln Center Development Project a registered charity?

The IRS lists EIN 13-4172481 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 202621329349304117 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541349349311864 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349315832 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349317827 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349305264 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101349349306910 · read the filing

All filings for EIN 13-4172481: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.