Project For Public Spaces Inc
- Assets
- $1.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 11
- Location
- Brooklyn, NY
- Founding
- 09/1975
- Data as of
- 12/2023
- EIN
- 13-2808114
Organization Overview
Project For Public Spaces Inc is located in Brooklyn, NY. The organization was established in 1975. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. As of 12/2023, Project For Public Spaces Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project For Public Spaces Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Project For Public Spaces Inc generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Project For Public Spaces Inc has awarded 14 individual grants totaling $820,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO HELPING PEOPLE CREATE AND SUSTAIN PUBLIC SPACES THAT BUILD STRONGER COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLACEMAKING PROGRAM:THE PLACEMAKING PROGRAM SEEKS TO GIVE EVERYONE THE OPPORTUNITY TO SHAPE AND IMPROVE THE PUBLIC SPACES THEY USE EVERYDAY THROUGH PARTNERSHIPS, TRAINING, CONVENING, AND RESEARCH.IN 2023, PROJECT FOR PUBLIC SPACES BUILT UPON ITS DECADES OF EXPERIENCE WORKING IN PARTNERSHIP WITH FOUNDATIONS AND CORPORATE SOCIAL RESPONSIBILITY PROGRAMS BY CONTINUING THE COMMUNITY PLACEMAKING GRANTS INITIATIVE. WITH SUPPORT FROM GENERAL MOTORS AND THE WALTON FAMILY FOUNDATION, THIS INITIATIVE AIMS TO PROVIDE FINANCIAL AND TECHNICAL ASSISTANCE, AS WELL AS CAPACITY BUILDING OPPORTUNITIES, TO PLACEMAKING NONPROFITS IMPROVING ACCESS TO PUBLIC SPACES AROUND THE UNITED STATES.
MARKET CITIES:THE MARKET CITIES PROGRAM SEEKS TO IMPROVE PUBLIC POLICY AND ON-THE-GROUND PRACTICE REGARDING PUBLIC MARKET SYSTEMS AROUND THE WORLD. IN 2023, MARKET CITIES CONTINUES TO PUBLISH A BI-WEEKLY E-NEWSLETTER AND HELD AN ONLINE TRAINING COURSE, TITLED HOW TO CREATE SUCCESSFUL MARKETS. THE PROGRAM PRODUCED A CONFERENCE IN TORONTO TO CONVENE MARKET PROFESSIONALS IN JUNE, AND LAUNCHED A NEW MARKET CITIES NETWORK TO CONNECT INDUSTRY PROFESSIONALS. ADDITIONALLY, THE MARKET CITIES TEAM PROVIDED TECHNICAL ASSISTANCE TO A MARKET IN LEXINGTON, KY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Burney Board Chair | OfficerTrustee | 1 | $0 |
Jon E Zagrodzky Treasurer | OfficerTrustee | 1 | $0 |
Ricardo Byrd Secretary | OfficerTrustee | 1 | $0 |
Jennifer Vickers Chair Of Governance Commit | Trustee | 1 | $0 |
Reena Agarwal Board Member | Trustee | 1 | $0 |
Lisa Knip Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jts Modular Construction Services | 12/30/21 | $141,405 |
Jts Construction Construction Services | 12/30/21 | $127,629 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,236,927 |
| Noncash contributions included in lines 1a–1f | $12,987 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,236,927 |
| Total Program Service Revenue | $404,452 |
| Investment income | $163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,652,231 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $390,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $280,759 |
| Compensation of current officers, directors, key employees. | $140,379 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $659,591 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $126,821 |
| Payroll taxes | $74,349 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $80 |
| Fees for services: Accounting | $44,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $41,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $152,302 |
| Advertising and promotion | $14,094 |
| Office expenses | $3,723 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $100,800 |
| Travel | $68,863 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,325 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,620 |
| All other expenses | $0 |
| Total functional expenses | $2,000,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,668 |
| Savings and temporary cash investments | $1,251,815 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,460 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,139 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,141 |
| Total assets | $1,385,223 |
| Accounts payable and accrued expenses | $77,959 |
| Grants payable | $240,000 |
| Deferred revenue | $12,298 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $330,257 |
| Net assets without donor restrictions | -$207,090 |
| Net assets with donor restrictions | $1,262,056 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,385,223 |
Grants Awarded
Over the last fiscal year, Project For Public Spaces Inc has awarded $390,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DOWNTOWN ARLINGTON MANAGEMENT CORPORATION PURPOSE: PLACEMAKING | $75,000 |
DOWNTOWN DAYTON PARTNERSHIP PURPOSE: PLACEMAKING | $75,000 |
THE MOUNT SEQUOYAH CENTER INC PURPOSE: PLACEMAKING | $80,000 |
CITY OF PEA RIDGE PURPOSE: PLACEMAKING | $80,000 |
SHILOH MUSEUM OF OZARK HISTORY PURPOSE: PLACEMAKING | $80,000 |