Civic Intelligence

Design Trust for Public Space Inc.

990 • Fiscal year 2018 • EIN 13-3884881

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 27, 2019

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

66th percentile

0.11x

Higher debt load relative to assets than 66% of similar nonprofits.

2018 filings • NTEE C • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

41st percentile

0.04x

Higher debt load relative to revenue than 41% of similar nonprofits.

2018 filings • NTEE C • $1M-$5M nonprofits • Source year 2018

Net Margin

11th percentile

-16%

Higher net margin than 11% of similar nonprofits.

2018 filings • NTEE C • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

85th percentile

$147,167

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 15.9% of source-year revenue.

2018 filings • NTEE C • $1M-$5M nonprofits • Source year 2018

Asset Growth

5th percentile

-27%

Faster asset growth than 5% of similar nonprofits.

2018 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

30th percentile

-7.2%

Faster revenue growth than 30% of similar nonprofits.

2018 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$388,081

Down $146,853 (-27%) from 2017

Net Assets

Down

$347,316

Down $149,824 (-30%) from 2017

Liabilities

Up

$40,765

Up $2,971 (+7.9%) from 2017

Revenue

Down

$928,147

Down $71,987 (-7.2%) from 2017

Expenses

Down

$1,077,971

Down $95,300 (-8.1%) from 2017

Net Income

Up

-$149,824

Up $23,313 (+13%) from 2017

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

2018

Assets$388,081
Liabilities$40,765
Net Assets$347,316

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

2018

Revenue$928,147
Expenses$1,077,971
Net Income-$149,824
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 27, 2019
Return Version
2018v3.1
Gross Receipts
$1,004,667
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 NYC. 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$173,028$190,000▲ $16,972
Pledges and Grants Receivable$330,783$168,697▼ $162,086
Land, Buildings, and Equipment, Net$17,318$13,348▼ $3,970
Prepaid Expenses and Deferred Charges$5,089$7,302▲ $2,213
Savings and Temporary Cash Investments-$0-
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$534,934$388,081▼ $146,853
Other Assets Total$8,716$8,734▲ $18
Liabilities
Accounts Payable and Accrued Expenses$37,794$40,765▲ $2,971
Total Liabilities$37,794$40,765▲ $2,971
Net Assets / Fund Balance
Unrestricted Net Assets$363,108$204,284▼ $158,824
Temporarily Rstr Net Assets$134,032$143,032▲ $9,000
Total Net Assets Fund Balance$497,140$347,316▼ $149,824
Total Liabilities and Net Assets / Fund Balance$534,934$388,081▼ $146,853

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,524$29,346$34,870
Equipment$7,824$15,378$23,202
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan Chin FaiaExecutive DirectorFT$127,103$20,064$147,167
Revenue and Support

Revenue Composition

Contributions and Grants
$932,316
Program Service Revenue
$20,534
Investment Income
$17
Other Revenue
$-24,720
All Other Contributions
$524,863
Change in Net Assets
$-149,824

Audited Revenue Reconciliation

Revenue per Audited Statements
$928,147
Total Revenue per Audited Statements
$928,147
Total Revenue per Form 990
$928,147
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$719,488
Other Expenses$358,483
Total Fundraising Expense$249,759
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$294,069$56,128$110,040$460,237
Current Officers, Directors, Trustees, and Key Employees$77,533$15,252$34,318$127,103
Fees for Services Other$85,578$10,293$19,146$115,017
Payroll Taxes$45,448$8,767$17,924$72,139
Occupancy$38,250$8,344$17,488$64,082
Other Employee Benefits$37,806$7,293$14,910$60,009
All Other Expenses$6,607$6,110$18,368$31,085
Other Expenses$5,825$6,991$3,169$15,985
Depreciation Depletion$3,446$695$1,579$5,720
Advertising$105$581-$686
Total Functional Expenses$703,566$124,646$249,759$1,077,971

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,077,971
Total Expenses per Audited Statements$1,077,971
Total Expenses per Form 990$1,077,971
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$76,520
Fundraising Gross Income$51,800
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Benefit$364,128$51,800$76,520$-24,720
Total Events$364,128$51,800$76,520$-24,720
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
Yes
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 and finance committee, circulated to 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 pruchased 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 Faia
Title
Executive Director
Signed
2019-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Chin Faia
Formed
1995
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
20
Employees
10
Volunteers
5

Preparer

Firm
Gary S Eisenkraft CPA
Address
271 Madison Avenue Suite 602, 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: Under the Elevated II / El-Space Pilots - $133,203 expenses New York City has over 70 million square feet of space beneath elevated infrastructure throughout its five boroughs. Together with our project partner, the NYC Department of Transportation (DOT) and two teams of Fellows, the Design Trust developed the Under the Elevated I, and Under the Elevated II / El-Space: Creating Dynamic Places Under the Elevated projects to transform and reclaim the neglected public space beneath New York City's elevated transit infrastructure for new uses and to reconnect communities. In 2015, Design Trust released the Under the Elevated I project publication at a press event featuring our partner DOT Commissioner Polly Trottenberg. The study spelled out sustainable and versatile ways to redesign and maintain the multi-jurisdictional public spaces beneath (el-space) and adjacent to the elevateds. The key recommendation was establishing DOTs El-Space Program, now El-Space Initiative. In Under the Elevated II, we continued to implement three pilot projects and develop the El-Space Initiative with Fellows Winston Ely (Green Infrastructure), Tricia Martin (Landscape Architecture/Green Infrastructure), Quilian Riano (Urban Design) and Leni Schwendinger (Lighting). The pilots tested pedestrian and parking improvements, green infrastructure systems, and new lighting to transform these dark, noisy neglected spaces into community assets. The work has prompted intra- and inter-agency collaborations and facilitated partnership with nonprofit organizations and developers. Moreover, NYCDOT started a geo-spatial inventory of the citys el-space network, pursued additional lighting demonstrations, developed el-space components, and established models for concessions and legal agreements. El-Space project work made headway on three pilot locations: 1) Sunset Park, Brooklyn, beneath the Gowanus Expressway at 36th Street and 3rd Avenue, with Industry City: Landscape Architecture and Green Infrastructure Fellow Tricia Martin provided a monitoring framework and memorandum on replicability of green infrastructure elements. The pilot was revealed in May 2018 as part of the NYCxDesign event that attracts thousands of global visitors annually. DOT dedicated staff to document, track, and assess the pilot based on our comprehensive assessment plan2) Rockaway, Queens, along a 5-mile corridor under the elevated A subway line with the Rockaway Waterfront Alliance (RWA): In July, Design Trust held a planting day for the dunescape with RWA and youth from their Shore Corps. RWA signed an agreement with DOT for the dunescape maintenance and programming. RWA also signed an agreement with MTA to complete the downspout modification in early 20193) Long Island City, Queens, under the Ed Koch Queensboro Bridge Ramp at Jackson Avenue and Dutch Kills Street with Rockrose: installation and preparation began with two gabion planters and plans for downspout modification based on a DOT inhouse designFor Design Trust and NYCDOT to further develop the El-Space Initiative, we held the El-Space Forum, convening international practitioners and leaders from the public and private sectors in Atlanta, Boston, Chicago, Los Angeles, Mexico City, Miami, New Orleans, New York City, Oakland, and Toronto to advance the emerging field of el-space planning and design for their potential value to urban communities and the opportunities they offer to address systemic social, environmental, economic and racial inequities. As part of NYCxDesign, we revealed Sunset Park El-Space pilot under the Gowanus Expressway and held a public program Discover El-Space.At the Forum these forward-thinking individuals, community groups, and government agencies in cities across the continent and internationally established key values to guide el-space projects, identify significant obstacles through project case studies, share knowledge and experience, and develop innovative strategies for creative

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IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
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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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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