Open Space Institute Inc
- Assets
- $11.0m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 81
- Location
- New York, NY
- Founding
- 01/1966
- Data as of
- 12/2022
- EIN
- 52-1053406
Organization Overview
Open Space Institute Inc is located in New York, NY. The organization was established in 1966. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2022, Open Space Institute Inc employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Space Institute 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 12/2022, Open Space Institute Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 4.9% per year over the past 8 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.
Since 2014, Open Space Institute Inc has awarded 141 individual grants totaling $6,487,208. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OSI AND ITS SUPPORTING ORGANIZATION, OPEN SPACE INSTITUTE LAND TRUST, PROTECTS LAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION COMMUNITIES: OSI SUPPORTS GRASSROOTS ORGANIZATIONS AND PROMOTES THE DEVELOPMENT OF YOUNG ENVIRONMENTAL LEADERS TO BROADEN REPRESENTATION WITHIN THE FIELD OF CONSERVATION. ITS CITIZEN ACTION INITIATIVE SUPPORTS NEWLY FORMED LOCAL ENVIRONMENTAL GROUPS AND URBAN PARKS; THE MALCOLM GORDON CHARITABLE FUND AWARDS GRANTS TO NONPROFITS IN URBAN HUDSON VALLEY COMMUNITIES; AND THE BARNABAS MCHENRY HUDSON RIVER VALLEY AWARDS PROVIDE GRANTS TO STUDENTS WHO ARE ACTIVELY WORKING TO IMPROVE THEIR LOCAL COMMUNITIES. LIKEWISE, OSI'S CONSERVATION DIVERSITY FELLOWSHIP IS PROMOTING GREATER DIVERSITY WITHIN THE ENVIRONMENTAL FIELD BY PROVIDING RECENT STUDENTS SALARIED FELLOWSHIPS TO JUMPSTART THEIR CAREERS.
OSI SAVES LAND TO PROTECT WATER SOURCES; CREATE AND MAKE PARKS MORE WELCOMING; FIGHT CLIMATE CHANGE; PROVIDE WILDLIFE HABITAT; AND STRENGTHEN COMMUNITIES THROUGH ITS SUPPORTING ORGANIZATION, THE OPEN SPACE INSTITUTE LAND TRUST (OSILT). WORKING IN THE EASTERN U.S. AND CANADA, OSILT ACHIEVES THESE GOALS THROUGH DIRECT ACQUISITION AND CONSERVATION EASEMENTS AND PROVIDES GRANTS AND LOANS, PRIMARILY TO OTHER LAND TRUSTS, IN SELECT GEOGRAPHIES THAT PROTECT WATER QUALITY, HABITAT, AND LANDS THAT SAFEGUARD WILDLIFE IN A CHANGING CLIMATE. IN 2022, OSILT PROTECTED 8,517 ACRES WITH A FAIR VALUE OF $30.8 MILLION AND MADE 23 CAPITAL GRANTS TOTALING $3.4 MILLION, PROTECTING 21,336 ACRES IN SEVEN STATES WITH A FAIR VALUE OF $28.9 MILLION. OSILT APPROVED TEN GRANTS FOR CONSERVATION PLANNING TOTALING $126,279.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amelia Salzman Co-Chairperson Of The Board | OfficerTrustee | 3 | $0 |
Anson Frelinghuysen Member | Trustee | 1 | $0 |
Carol Ash Vice-Chairperson Of The Board | OfficerTrustee | 3 | $0 |
Carolyn Niemczyk Member | Trustee | 1 | $0 |
Dale S Bryk Member | Trustee | 1 | $0 |
Douglas Bateson Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Paulus Sokolowski & Sartor Llc Consulting Services | 12/30/22 | $218,345 |
Tahawus Trails Llc Construction Services | 12/30/22 | $324,896 |
Alan Front Consulting Services | 12/30/22 | $127,368 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $70,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,678,589 |
| Noncash contributions included in lines 1a–1f | $20,056 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,748,589 |
| Total Program Service Revenue | $119,175 |
| Investment income | $90,713 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $183,007 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,141,539 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $249,047 |
| 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. | $223,407 |
| Compensation of current officers, directors, key employees. | $88,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $385,035 |
| Pension plan accruals and contributions | $25,820 |
| Other employee benefits | $52,372 |
| Payroll taxes | $40,370 |
| Fees for services: Management | $30,590 |
| Fees for services: Legal | $190 |
| Fees for services: Accounting | $7,206 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,278 |
| Fees for services: Other | $329,855 |
| Advertising and promotion | $21,763 |
| Office expenses | $40,334 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $187,332 |
| Travel | $54,591 |
| 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 | $22,899 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,715,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $425,199 |
| Savings and temporary cash investments | $6,168,344 |
| Pledges and grants receivable | $93,219 |
| Accounts receivable, net | $16,456 |
| 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 | $53,015 |
| Net Land, buildings, and equipment | $574,041 |
| Investments—publicly traded securities | $1,817,726 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,842,806 |
| Total assets | $10,990,806 |
| Accounts payable and accrued expenses | $794,574 |
| 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 | $1,987,310 |
| Total liabilities | $2,781,884 |
| Net assets without donor restrictions | $5,772,997 |
| Net assets with donor restrictions | $2,435,925 |
| 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 | $10,990,806 |
Grants Awarded
Over the last fiscal year, Open Space Institute Inc has awarded $232,550 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BEAVERKILL VALLEY LAND TRUST INC PURPOSE: STEWARDSHIP | $70,000 |
ARM OF THE SEA PRODUCTIONS INC PURPOSE: MALCOLM GORDON CHARITABLE FUND | $6,500 |
ECOLOGICAL CITIZENS PROJECT INC PURPOSE: MALCOLM GORDON CHARITABLE FUND | $15,000 |
THE FULLERTON MANSION CENTER FOR CULTURE AND HISTORY PURPOSE: MCHENRY HUDSON RIVER VALLEY AWARDS | $6,000 |
ADDISON BLAKEMORE DBA TWO EVERGREEN MACHINE LLC PURPOSE: CITIZEN ACTION PROGRAM | $55,869 |
HARBORLAB INC PURPOSE: CITIZEN ACTION PROGRAM | $20,681 |