Civic Intelligence

Design Trust for Public Space Inc.

990 • Fiscal year 2014 • EIN 13-3884881

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 21, 2015

40 Worth StreetNew York, NY 10013

(212) 695-2432

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

45th percentile

0.03x

Higher debt load relative to assets than 45% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

40th percentile

0.02x

Higher debt load relative to revenue than 40% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

53rd percentile

4.1%

Higher net margin than 53% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

92nd percentile

$131,441

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 15.3% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

64th percentile

8.0%

Faster asset growth than 64% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

54th percentile

6.3%

Faster revenue growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$542,450

Up $40,402 (+8.0%) from 2013

Net Assets

Up

$526,955

Up $35,741 (+7.3%) from 2013

Liabilities

Up

$15,495

Up $4,661 (+43%) from 2013

Revenue

Up

$861,284

Up $50,757 (+6.3%) from 2013

Expenses

Up

$825,543

Up $24,050 (+3.0%) from 2013

Net Income

Up

$35,741

Up $26,707 (+296%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $451,007Liabilities 2010: $28,951Net Assets 2010: $422,0562010Assets 2011: $457,127Liabilities 2011: $45,094Net Assets 2011: $412,0332011Assets 2012: $497,157Liabilities 2012: $14,977Net Assets 2012: $482,1802012Assets 2013: $502,048Liabilities 2013: $10,834Net Assets 2013: $491,2142013Assets 2014: $542,450Liabilities 2014: $15,495Net Assets 2014: $526,9552014Assets 2015: $608,356Liabilities 2015: $27,917Net Assets 2015: $580,4392015Assets 2016: $730,028Liabilities 2016: $59,751Net Assets 2016: $670,2772016Assets 2017: $534,934Liabilities 2017: $37,794Net Assets 2017: $497,1402017Assets 2018: $388,081Liabilities 2018: $40,765Net Assets 2018: $347,3162018Assets 2019: $440,426Liabilities 2019: $35,637Net Assets 2019: $404,7892019Assets 2020: $580,271Liabilities 2020: $120,768Net Assets 2020: $459,5032020Assets 2021: $2,416,344Liabilities 2021: $51,900Net Assets 2021: $2,364,4442021Assets 2022: $1,319,077Liabilities 2022: $969,957Net Assets 2022: $349,1202022Assets 2023: $1,081,347Liabilities 2023: $968,671Net Assets 2023: $112,6762023Assets 2024: $1,034,253Liabilities 2024: $800,213Net Assets 2024: $234,0402024

Highlighted filing

2014

Assets$542,450
Liabilities$15,495
Net Assets$526,955

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2010: $807,802Expenses 2010: $617,750Net Income 2010: $190,0522010Revenue 2011: $720,761Expenses 2011: $730,784Net Income 2011: -$10,0232011Expenses 2012: $741,2792012Revenue 2013: $810,527Expenses 2013: $801,493Net Income 2013: $9,0342013Revenue 2014: $861,284Expenses 2014: $825,543Net Income 2014: $35,7412014Revenue 2015: $936,714Expenses 2015: $883,230Net Income 2015: $53,4842015Revenue 2016: $994,221Expenses 2016: $904,383Net Income 2016: $89,8382016Revenue 2017: $1,000,134Expenses 2017: $1,173,271Net Income 2017: -$173,1372017Revenue 2018: $928,147Expenses 2018: $1,077,971Net Income 2018: -$149,8242018Revenue 2019: $903,643Expenses 2019: $846,170Net Income 2019: $57,4732019Revenue 2020: $910,987Expenses 2020: $856,273Net Income 2020: $54,7142020Revenue 2021: $3,238,139Expenses 2021: $1,333,198Net Income 2021: $1,904,9412021Revenue 2022: $919,472Expenses 2022: $2,933,754Net Income 2022: -$2,014,2822022Revenue 2023: $999,055Expenses 2023: $1,235,499Net Income 2023: -$236,4442023Revenue 2024: $1,228,261Expenses 2024: $1,106,925Net Income 2024: $121,3362024

Highlighted filing

2014

Revenue$861,284
Expenses$825,543
Net Income$35,741
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 21, 2015
Return Version
2014v5.0
Gross Receipts
$938,603
Mission and Program Overview

Mission

The Design Trust for Public Space is a nonprofit organization dedicated to the future of public space in New York City. Our projects bring together city agencies, community groups and private sector experts to make a lasting impact - through design - on how New Yorkers live, work and play.

The Design Trust for Public Space is a nonprofit organization dedicated to the future of public space in New York City.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$89,542$404,160▲ $314,618
Savings and Temporary Cash Investments$209,259$0▼ $209,259
Pledges and Grants Receivable$164,647$83,575▼ $81,072
Investments in Publicly Traded Securities$15,355$27,270▲ $11,915
Land, Buildings, and Equipment, Net$14,562$18,762▲ $4,200
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$502,048$542,450▲ $40,402
Other Assets Total$8,683$8,683→ $0
Liabilities
Accounts Payable and Accrued Expenses$10,834$15,495▲ $4,661
Total Liabilities$10,834$15,495▲ $4,661
Net Assets / Fund Balance
Unrestricted Net Assets$331,915$514,480▲ $182,565
Temporarily Rstr Net Assets$159,299$12,475▼ $146,824
Total Net Assets Fund Balance$491,214$526,955▲ $35,741
Total Liabilities and Net Assets / Fund Balance$502,048$542,450▲ $40,402

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$11,733$14,310$26,043
Equipment$7,029$5,495$12,524
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan ChinExecutive DirectorFT$120,000$11,441$131,441

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$894,904
Program Service Revenue
$19,649
Investment Income
$0
Other Revenue
$-53,269
All Other Contributions
$621,275
Change in Net Assets
$35,741

Audited Revenue Reconciliation

Revenue per Audited Statements
$861,284
Revenue Not Reported on Form 990
$15,500
Total Revenue per Audited Statements
$876,784
Total Revenue per Form 990
$861,284
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$499,155
Other Expenses$326,388
Total Fundraising Expense$218,268
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$180,035$32,553$70,626$283,214
Current Officers, Directors, Trustees, and Key Employees$57,313$5,395$57,292$120,000
Occupancy$30,117$6,012$17,541$53,670
Other Employee Benefits$27,325$5,551$16,120$48,996
Payroll Taxes$26,185$5,319$15,441$46,945
Fees for Services Other$19,215$3,472$10,568$33,255
Other Expenses$20,712$106$4,441$25,259
Office Expenses$12,882$1,784$5,741$20,407
Travel$9,117$98$879$10,094
All Other Expenses$5,878$527$2,944$9,349
Depreciation Depletion$3,626$736$2,136$6,498
Total Functional Expenses$545,268$62,007$218,268$825,543

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$841,043
Expenses per Audited Statements$825,543
Total Expenses per Form 990$825,543
Expenses Not Reported on Form 990$15,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$77,319
Fundraising Gross Income$24,050
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Benefit$297,679$24,050$77,319$-53,269
Total Events$297,679$24,050$77,319$-53,269
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Reviewed by audit committee on behalf of full board

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Executive committee reviews annual disclosure forms

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Executive committee reviews performance and compensation of the executive director annually. In 2010, a custom guidestar compensation report was purchased in order to accurately assess compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

All employees undergo an annual performance evaluation with the executive director. Nonprofit salary surveys are used to accurately assess compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All 990 forms and financial statements are both available upon request and on the organization's website, designtrust.org

Filing and Contact Details

Filer

Filer Name
Design Trust for Public Space Inc
EIN
13-3884881
Phone
2126952432
Address
40 WORTH STREET, NEW YORK, NY 10013

Signing Officer

Name
Susan Chin
Title
Executive Director
Signed
2015-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Woodner
Formed
1995
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
6
Volunteers
50

Preparer

Firm
Gary S Eisenkraft CPA
Address
271 Madison Avenue Suite 1105, New York, NY 10016
Preparer
Gary S Eisenkraft CPA
Phone
2126892655
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: OTHER PROGRAM SERVICES 5: OTHER PROGRAM SERVICES 6: OTHER PROGRAM SERVICES 7: OTHER PROGRAM SERVICES 8: OTHER PROGRAM SERVICES 9: OTHER PROGRAM SERVICES 10: OTHER PROGRAM SERVICES 11: Other program servicesIn addition to the three programs described above, the Design Trust initiated four new projects in the Fall of 2014 [The Worlds Park Laying the Groundwork Future Culture and Opening the Edge] while also continuing to work on three existing initiatives [New Design Trust Website Photo Urbanism and Five Borough Farm Phase II].For The World's Park project, we established a partnership with the NYC Parks Department and the Queens Museum to work with local residents in the planning, design, and stewardship of Flushing Meadows Corona Park. Through a series of educational workshops and open neighborhood forums, community members will develop new proposals for how the access, connectivity, and circulation of this regional destination can better serve the publics needs. The Design Trust awarded paid fellowships to a community organizer, a design educator, and an artist/participatory designer to recruit community advisors, develop the curriculum for the community design workshops, and design a public exhibition. For our Laying the Groundwork project, we formed a partnership with the NYC Department of Housing Preservation and Development to create a set of guidelines that will address the design and use of new ground-floor retail spaces in mixed-use affordable housing developments. These guidelines will ensure that new mixed-use developments include the kind of spacious, flexible storefronts that can attract local entrepreneurs, provide vital services like banks and grocers as well as cultural amenities, while supporting active and vibrant streets. The Design Trust awarded paid fellowships to an engineer, a graphic designer, and two architects to lead the research, design and policy work for the project.We also began the research and development for two exploratory projects: Future Culture in partnership with Staten Island Arts, and Opening the Edge in collaboration with the New York City Housing Authority. OTHER PROGRAM SERVICES 12:

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IRS990/Desc0Under the Elevated:New York City has nearly 700 miles of elevated infrastructure towering above its streets and cleaving neighborhoods throughout its five boroughs. Together with our project partner, the NYC Department of Transportation (DOT) and team of Fellows, the Design Trust developed a plan to reclaim and transform the public space under New York City's elevated transit infrastructure. In 2014 we awarded paid fellowships to private-sector professionals with expertise in graphic design, urban design, photography, participatory design, and policyNeil Donnelly, Susannah Drake, Krisanne Johnson, Chat Travieso, and Douglas Woodwardto lead the original research, design, and policy research for the project. Working closely with the staff of the Design Trust and DOT, the Fellows surveyed and documented the inventory of land beneath NYCs bridges, highways, subway and rail lines; developed design and programming strategies for seven study sites; incorporated lessons learned from 23 case studies; conducted community workshops at different sites around New York to solicit input and feedback from local residents; designed and produced two site-specific temporary installations in Chinatown and the Bronx to test strategies for these unique public spaces; and developed realistic, contextual design and programming recommendations to transform these dark, noisy, and neglected places into valuable community assets. The final output for the project will be a printed publication, to be released in 2015.
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IRS990/MissionDesc0The Design Trust for Public Space is a nonprofit organization dedicated to the future of public space in New York City. Our projects bring together city agencies, community groups and private sector experts to make a lasting impact - through design - on how New Yorkers live, work and play.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Five Borough Farm Phase III:In early 2014, we launched the third and final phase of our Five Borough Farm project in collaboration with the NYC Parks Department and Farming Concrete. We initiated this phase in order to increase the quantity of data on urban agriculture in NYC and identify sustainable funding models for urban agriculture. Working with our team of Fellows, the Design Trust recruited 219 farms and gardens to collect data using our Five Borough Farm Data Collection Toolkit; distributed 200 hardcopy Toolkits and scales to organizations and farm and garden sites across the city; provided one-on-one technical assistance to over 200 farmers and gardeners throughout the growing season; refined our data collection toolkit, adding four new measurement protocols to the Toolkit; expanded the functionality of the online data collection platform hosted by Farming Concrete and beta-tested the public facing side of the site; and created a new instructional video on how to use the data collection toolkit. We also worked the NYC Parks Department to develop sustainable funding models for farms and gardens in New York and successfully transitioned the leadership of our Urban Agriculture Task Force to GreenThumb, the community gardening program inside the Parks Department.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Energetic City RFP:In May of 2014, the Design Trust for Public Space announced our 2014 Request for Proposals entitled The Energetic City: Connectivity in the Public Realm. The Energetic City was an initiative to seed and develop new forms of connectivity among the diverse people, systems, and built, natural and digital environment of New York City. This public call invited community groups, government agencies, and individuals to submit proposals for research, design and planning projects that would improve the experience of urban life by connecting people through 'great' design informed by the needs and aspirations of community users.The Design Trust mounted a significant public outreach campaign for the RFP in order to reach as many people as possible. Over 150 people attended our launch event in downtown Brooklyn, public information sessions were held in every borough of NYC, and a series of posters about the RFP were installed in twenty subway stations in the city. As a result of this extensive outreach, we received 90 expressions of interest and 48 full project proposals. Fifteen proposals were reviewed by our independent jury, and four were selected to become Design Trust projects: Design Guidelines for Neighborhood Retail from The New York City Department of Housing, Preservation & Development; The Worlds Park from the Queens Museum and NYC Department of Parks & Recreation; Future Culture from Staten Island Arts; and Opening the Edge from artist Jane Greengold with the support of New York City Housing Authority. The Design Trust awarded paid fellowships to seven professionals to begin the research for two of the four projects in the Fall of 2014.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.80$0.23$1.23$1.11$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.08$0.97$0.11$1.00$1.24$0.24
2022Detailed filing. Detailed filing data is available for this year.$1.32$0.97$0.35$0.92$2.93$2.01
2021Detailed filing. Detailed filing data is available for this year.$2.42$0.05$2.36$3.24$1.33$1.90
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.12$0.46$0.91$0.86$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.04$0.40$0.90$0.85$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.04$0.35$0.93$1.08$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.53$0.04$0.50$1.00$1.17$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.73$0.06$0.67$0.99$0.90$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.03$0.58$0.94$0.88$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.02$0.53$0.86$0.83$0.04
2013Summary only. Only limited summary data is available for this year.$0.50$0.01$0.49$0.81$0.80$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.01$0.48$0.74
2011Summary only. Only limited summary data is available for this year.$0.46$0.05$0.41$0.72$0.73$0.01
2010Summary only. Only limited summary data is available for this year.$0.45$0.03$0.42$0.81$0.62$0.19