Bryant Park Management Corp
- Assets
- $0.0
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1988
- Data as of
- 06/2021
- EIN
- 13-3318053
Organization Overview
Bryant Park Management Corp is located in New York, NY. The organization was established in 1988. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bryant Park Management Corp 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 06/2021, Bryant Park Management Corp generated $2.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $2.5m during the year ending 06/2021. While expenses have increased by 7.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE COMMERCIAL AND PHYSICAL ENVIRONMENT IN AND AROUND BRYANT PARK BY SUPPORTING THE APPROVED ACTIVITIES OF BRYANT PARK CORPORATION TO MANAGE, IMPROVE AND MAINTAIN BRYANT PARK AS A VIBRANT, CLEAN AND SAFE PUBLIC SPACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTING OF BID ASSESSMENTS, BILLED AND COLLECTED BY THE CITY OF NEW YORK, TO BRYANT PARK CORPORATION TO CONTRIBUTE TOWARD THE FUNDING OF THE APPROVED ACTIVITIES OF THE RELATED ORGANIZAION. THE APPROVED ACTIVITIES PERTAIN TO THE MANAGEMENT OF BRYANT PARK, AND INCLUDE: INSTALLATION AND MAINTENANCE OF PARK IMPROVEMENTS, SANITATION, SECURITY, HORTICULTURE, PUBLIC EVENTS AND ACTIVITIES, AND PROMOTION OF THE PARK, ITS PROGRAMS AND ACTIVITIES. PARK ACTIVITIES INCLUDE: LE CAROUSEL, THE BRYANT PARK OUTDOOR READING ROOM, BRYANT PARK GAMES, LUNCHTIME AND EVENING PERFORMANCES AND CLASSES AND FREE ICE SKATING DURING THE WINTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clyde E Rankin III Co-Chairman | OfficerTrustee | 0.2 | $0 |
L Robert Lieb Co-Chairman | OfficerTrustee | 0.2 | $0 |
Michael Mcmahon Co-Chairman | OfficerTrustee | 0.2 | $0 |
Eli Elefant Secretary | OfficerTrustee | 0.2 | $0 |
Daniel A Biederman President | OfficerTrustee | 0 | $0 |
Robert Morelli Treasurer | OfficerTrustee | 0.2 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,500,000 |
| Investment income | $0 |
| 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 | $2,500,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,500,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,500,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bryant Park Management Corp New York, NY | $0 | $2,500,000 |
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Community Services Housing Developement Corporation Brooklyn, NY | $630,429 | $159,989 |
Harbor Point Community Task Force Inc Dorchester, MA | $3,187,463 | $687,960 |
Orange East Senior Center Inc Bradford, VT | $138,020 | $202,544 |
Resident Empowered Action Council Of Troy Troy, NY | $17,781 | $0 |
Commonwealth Tenants Association Inc Brighton, MA | $59,594 | $0 |