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Charity Math
The 990 read · EIN 13-3022855 · NY · Fiscal year FY ending Jun 2025

Central Park Conservancy

Central Park Conservancy Inc: CEO salary, finances and where donations go

Figures from Central Park Conservancy's latest Form 990.

Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.

Methodology by Amir Arani, CPA, CA · Updated

Top pay
$1.2M Ms Elizabeth W Smith, 0.7% of spending
Revenue
$172.9M 63.9% from donations and grants
Spent
$166.1M 79.4% on programs, as reported
Net assets
$669.4M end of FY ending Jun 2025
Savings
48.4 months of spending, net assets ÷ spending
People
509 employees, 1,967 volunteers
Form 990 (FY ending Jun 2025), Parts I, VII, IX, X
01 · Red flags

No red flags in its latest filing.

We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.

No reported asset diversions, no insider transactions, no fundraisers keeping most of the money, and the governance policies we check for are in place.

02 · Where $1 goes · FY ending Jun 2025

Of each dollar it spent, 79.4¢ went to programs, as reported.

The split the charity filed.
79.4¢
Programs, $131.9M
5.6¢
Fundraising, $9.4M
14.9¢
Admin, $24.8M
Form 990 (FY ending Jun 2025), Part IX, line 25
Cost to raise $1
8¢
as reported

For each dollar donated, Central Park Conservancy spent 8¢ on fundraising.

Fundraising ÷ $110.6M contributions · Form 990 Parts VIII, IX
03 · What it does

What it told the IRS it spent on.

The charity's own description of its largest programs, with what each cost.

Program 1 · 33.4% of program spending · $145K in grants $44.1M

As the official manager of central park, the conservancy is responsible for the day-to-day maintenance and operation of the park. Activities include: landscape maintenance, playground maintenance, tree care, turf care, and preservation of historic monuments. The conservancy has set new standards in excellence in park care. It has transformed central park into a model for urban parks worldwide.

Program 2 · 5.9% of program spending · $86K in grants $7.8M

The conservancy public programs take advantage of the invaluable resources in central park providing education, recreation, and volunteer programs that serve the community. In addition, the conservancy provides services at the following six visitor centers in the park: the davis center, charles a. Dana discovery center, north meadow recreation center, belvedere castle, dairy visitor center and gift shop, and chess and checkers house.

Form 990 (FY ending Jun 2025), Part III
04 · The savings

Net assets: $331.9M to $669.4M in 11 years.

Net assets at each fiscal year end, 2013 to 2025.

Net assets at year end, $ millions
332
372
359
320
360
376
361
340
480
504
539
669
Form 990 history via ProPublicaForm 990 (FY ending Jun 2025)
05 · Who gets paid

The 8 highest-paid people.

Reportable pay in FY ending Jun 2025, from the charity and related organizations.

Ms Elizabeth W Smith
Ex-Officio (president/Ceo)
$1,211,800
Mr Stephen Spinelli
Chief Financial Officer
$746,635
Mr Roger Mosier
Chief of Park Operations
$544,054
Ms Mary Caraccioli
Chief Comm. & Eng Through 7/5/24
$379,432
Ms Sandra Huber
Senior VP for Capital Project
$356,100
Ms Suzanne Pennasilico
Vice President for People & Culture
$343,414
Ms Abigail Healy
Senior VP for Philanthropy
$337,405
Ms Leah Catherine Day
Chief of Staff & VP of Str. Init.
$325,770
Form 990 (FY ending Jun 2025), Part VII, Section A
Largest outside contractors
ContractorServicePaid
E W Howell Co LLCConstruction$31,169,520
C&l Contracting CorpConstruction$9,488,169
Tait Towers Manufacturing LLCConstruction$7,423,160
Fgi CorporationConstruction$6,396,906
Alpine Construction & Landscaping CorpConstruction$6,028,812
Form 990 (FY ending Jun 2025), Part VII, Section B
06 · Questions

The questions people ask about the Central Park Conservancy.

Short, sourced answers. Each one stands on its own.

How much does the Central Park Conservancy CEO make?

Ms Elizabeth W Smith, Ex-Officio (president/Ceo), received $1,211,800 in reportable compensation in FY ending Jun 2025, 0.7% of Central Park Conservancy's $166.1M in spending.

Form 990 (FY ending Jun 2025), Part VII

What percentage of Central Park Conservancy donations go to programs?

Central Park Conservancy reported 79.4% of FY ending Jun 2025 spending as programs, 5.6% as fundraising and 14.9% as management.

Form 990 (FY ending Jun 2025), Part IX

How much money does Central Park Conservancy have?

Net assets were $669.4M at the end of FY ending Jun 2025, about 48.4 months of spending.

Form 990 (FY ending Jun 2025), Part X

Does Central Park Conservancy have any red flags in its filing?

Its latest Form 990 triggered none of our twelve screening rules, which cover reported asset diversions, insider transactions, fundraiser costs, governance policies and spending patterns.

Form 990 (FY ending Jun 2025)
07 · Sources and citing

Every number, traced.

  1. Central Park Conservancy Form 990, FY ending Jun 2025 (IRS e-file)
  2. Central Park Conservancy Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

Amir Arani, “Central Park Conservancy: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/central-park-conservancy/